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Crypto.com will delist USDT and nine other tokens for EU users by January 31, 2025. Withdrawals for affected tokens will remain available until March 31, 2025. Singapore-based crypto exchange platform Crypto.com is working on Tether’s USDT and nine other tokens for users across the European Union. The decision follows the stringent compliance requirements of the…
Bitcoin price is on the cusp of entering the thrilling phase of the 2025 bull market fueled by institutional investors. Nation-states led by the United States are about to implement a strategic Bitcoin reserve to hedge against the rising debt. As the DeepSeek-induced wave of wider crypto market correction significantly subsided on Tuesday, Bitcoin price…
Gary Gensler, 33rd SEC Chair, stepped down on January 20 after controversial crypto industry enforcement measures. Gensler’s tenure saw 18% of SEC complaints involve crypto, targeting exchanges like Binance, Coinbase, and Kraken. Paul Atkins, to lead the agency, bringing optimism for clearer crypto regulations. Gary Gensler, the 33rd Chair of the US Securities and Exchange…
Whales and institutional investors have accumulated over 330,000 Ethereum (valued at $1 billion) in the past week. Ethereum price could break critical resistance levels, potentially reaching $7,000 in the near term. The Ethereum Foundation is transferring 50,000 ETH (worth $150 million) to a new wallet for active participation in the DeFi ecosystem. Ethereum price could…
Bitcoin ETFs in the US saw a massive capital inflow on January 21, reflecting renewed institutional confidence. BlackRock’s IBIT led the pack with a record-breaking $661.9 million inflow, reaffirming its dominance in the space. Other ETFs, including Fidelity’s FBTC and ARK 21Shares, added to the surge, while Bitwise’s BITB faced outflows. The influx of capital…
XRPL is activating the Automated Market Maker (AMM) feature for RLUSD. The upgrade goes live on Thursday at 7:37 PM UTC after surpassing an 80% validator consensus. XRP is trading at $3.10, marking a 1.3% gain over the past 24 hours. The XRP Ledger (XRPL) is set to debut a new Automated Market Maker (AMM)…
Morgan Stanley is keen to work with the US Treasury among other agencies to ensure a responsible adoption of digital assets. The cryptocurrency market will continue to grow exponentially over the years fueled by institutional investors and clear regulatory frameworks. Morgan Stanley (NYSE: MS), a top-tier traditional banking institution with over $1.4 trillion in assets…