MiCA’s USDT Delisting Disappoints Tether, Says Could Make the Market Disorderly
It has been a rough few days for Tether, the issuer of the USDT stablecoin. Following the implementation of MiCA in the EU, two big exchanges have dropped USDT from their exchange platforms in Europe. Last month in December, Coinbase removed USDT from its platform, while today, Crypto.Com faces...
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Ross Ulbricht Lost $12 Million To An MEV Bot On Solana: Here’s What Happened
Ross Ulbricht lost $12 million to an MEV bot while trying to provide liquidity for the ROSS meme coin on Raydium, a DEX on Solana. Some traders are indeed “minting” money trading meme coins. Getting a piece of the $105 billion market cap industry seems to be the order...
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Analyst: MANTRA Chain could hit $15 as RWA tokenization attracts major players
Institutional giants like BlackRock and Robinhood are betting on Real World Asset tokenization, with MANTRA emerging as a key player poised for significant growth....
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Kuna shuts down following Ukraine’s ban on its oldest crypto exchange
Ukrainian authorities have blocked access to Kuna, the country’s first crypto exchange, operational since 2014. Kuna, Ukraine’s oldest crypto exchange, shut down just days after authorities quietly blocked access to its platform without offering any explanation. The news came from…...
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Purpose files preliminary prospectus for spot XRP ETF
Purpose Investments, an asset management firm with over $23 billion in assets, has filed a preliminary prospectus seeking regulatory approval for the launch of a spot XRP exchange-traded fund. The proposed Purpose Ripple ETF aims to provide investors with long-term…...
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BTC Steady Above $100K, Fed Maintains Interest Rates, ETF Filings Pile Up: Your Weekly Crypto Recap
It was another eventful week in the cryptocurrency space and it all began on Monday morning as a Chinese AI company splashed the waters. DeepSeek arrived at the scene with a bang, indicating that it can do everything ChatGPT does but is faster and cheaper, which put into question...
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Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing
Tether, the crypto company behind the largest stablecoin USDT, said on Friday it generated $13 billion group-wide net profits last year in a record-breaking year. Some $7 billion of the profits derived from the firm’s vast U.S. Treasuries and repo holdings, and $5 billion from unrealized appreciation of the...
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Elon Musk’s Father Launches ‘Musk It’ Meme Coin To Fund New Think Tank
Errol Musk, father of billionaire entrepreneur Elon Musk, has ventured into the cryptocurrency space by endorsing ‘Musk It,’ a meme coin aimed at raising $150 to $200 million. What Happened: Partnering with business associate Nathan Browne, Errol claims the proceeds will fund the Musk Institute, a for-profit think tank...
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XRP, SHIB hold strong while positive market buzz fuels 1Fuel’s presale
1Fuel is gaining momentum with a successful presale, while XRP benefits from positive legal updates and SHIB continues to show promise with recent price gains. #partnercontent...
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TRON Rises More Than 3% In 24 hours
TRON’s (CRYPTO: TRX) price has increased 3.12% over the past 24 hours to $0.26, which is in the opposite direction of its trend over the past week, where it has experienced a 1.0% loss, moving from $0.26 to its current price. As it stands right now, the coin’s all-time...
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