Este artículo también está disponible en español. Avalanche has faced relentless selling pressure since mid-December, wiping out over 60% of its value and erasing all the gains from the impressive November 2024 rally. The extended downtrend has left investors uncertain about its near-term prospects as the entire market struggles to regain footing amid ongoing volatility….
Key Takeaways Citigroup is exploring adding crypto custody services, joining other major banks. State Street, BNY Mellon, and others are expanding into digital asset custody. Share this article Citigroup is exploring the addition of crypto custody services to its offerings, according to people familiar with the matter cited by The Information. The bank’s interest in…
Key Takeaways The SEC’s Crypto Task Force discussed staking approaches for crypto ETPs with Jito Labs and Multicoin Capital. Two models proposed for staking in ETPs aim to enhance investor returns and network security. Share this article The SEC’s Crypto Task Force, led by Commissioner Hester Peirce, met with representatives from Jito Labs and Multicoin…
After dropping below $100,000 earlier this month, Bitcoin has faced sluggish price movement with little upward momentum. Over the past week, the asset has just ranged below this six-digit mark with its price now hovering above $96,000 as of today. This sideways movement reflects a lack of significant momentum and has left many traders questioning…
Key Takeaways President Milei withdrew support for LIBRA token after it lost 85% value. Previously, Milei promoted CoinX, alleged as a Ponzi scheme impacting investors. Share this article Argentina’s President Javier Milei has withdrawn his support for the LIBRA meme token after initially endorsing it, stating he had no connection to the project. Milei also…
Key Takeaways The LIBRA token crashed 85% as developers liquidated $87million in USDC and SOL. 82% of the token’s supply is concentrated, leading to centralization concerns. Share this article The LIBRA token, promoted by Argentine President Javier Milei on his official X account, crashed 85% after its development team removed $87 million in USDC and…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Key Takeaways Tether is actively engaging with US lawmakers regarding new stablecoin regulations. Proposed regulations will require Tether to have monthly audits and maintain one-to-one reserves. Share this article Tether is working closely with US lawmakers to help shape upcoming stablecoin regulations, according to FOX Business journalist Eleanor Terret. Tether CEO Paolo Ardoino confirmed the…
Key Takeaways Millennium Management disclosed $2.6 billion in Bitcoin ETFs and $182.1 million in Ethereum ETFs holdings. Institutional crypto investment is on the rise, with entities like Abu Dhabi’s sovereign fund and Goldman Sachs increasing their Bitcoin ETF holdings. Share this article Millennium Management disclosed holdings of $2.6 billion in Bitcoin ETFs and $182.1 million…
Key Takeaways Argentina’s President Javier Milei announced $LIBRA as a digital token to support small businesses and stimulate the economy. The $LIBRA token is linked to KIP Protocol, a web3 framework for AI, with partnerships involving national governance. Share this article Argentine President Javier Milei has introduced a token named $LIBRA, designed to stimulate the…
