Utah Competes With Illinois, Texas To Become First US State To Establish Bitcoin Reserve
Utah is on track to become the first US state to establish a Bitcoin reserve, propelled by political momentum and a fast-moving legislative process. With a 45-day legislative window, Utah has a unique opportunity to pass a bill allowing the state to invest public funds into Bitcoin, positioning it...
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Uphold Resumes Crypto Staking Services In UK Amid Regulatory Shifts
Cryptocurrency exchange Uphold has reinstated its staking services in the UK, following key regulatory changes that provided clarity on the legality of staking. The relaunch marks a significant shift from a year ago when the platform had suspended staking in the UK and the European Union (EU) due to...
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Coinbase Secures Spot on UK Crypto Register
Crypto exchange Coinbase (COIN) became the largest crypto exchange to operate in the U.K. after securing a spot on the register of the Financial Conduct Authority (FCA), allowing it to offer crypto services in the country for the first time. “It opens up new channels and opens up the...
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Satoshi Act Fund CEO: Utah will be the first to establish strategic Bitcoin reserve
Satoshi Act Fund founder and CEO, Dennis Porter, is certain that Utah will be the first state to pass a strategic Bitcoin reserve legislation in the U.S. In an interview with Simply Bitcoin and Republican Senator Cynthia Lummis, Porter explained…...
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Bitcoin ETF weekly inflows dropped 68% amid Fed interest rate decision and Deepseek scare
Inflows into spot Bitcoin exchange-traded funds in the United States sharply tapered off over the past week amid the Fed’s decision on interest rate cuts and a broader risk-off sentiment among investors following concerns over China’s launch of the AI…...
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AVAXAI Builds First Deepseek Powered DeFAI Product
[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, February 3rd, 2025] The rise of artificial intelligence (AI) has led to notable advancements, with rapid advancements in AI models – such as Deepseek – driving innovation across industries, improving automation, decision-making, and predictive analytics. In parallel, Web3 continues to redefine...
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Ether Volatility Explodes to Over 100% as Price Crashes
Ether (ETH), the second-largest cryptocurrency by market value, witnessed a significant spike in volatility early Monday as the renewed trade war between the U.S. and its trading partners triggered broad-based risk aversion in financial markets. The price of ether tanked as much as 24%, with considerable dislocations across centralized...
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Could Trump Back A US XRP Reserve? Lawyer Reveals Unexpected Path
In a post on X , attorney Jeremy Hogan from Hogan & Hogan P.A.—well-known within the XRP community for his legal insights on the ongoing Ripple vs. SEC lawsuit—floated an idea that has stirred significant debate. Hogan suggested that the US government could establish XRP as part of a...
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Crypto traders should expect ‘continued volatility’ as Trump prepares more tariffs, analysts warn
Analysts say crypto is in for more choppy waters as President Donald Trump keeps piling on tariffs. The White House imposed 25% tariffs on Canada and Mexico and a 10% levy on China. Canada responded with its own 25% tariff…...
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Bitcoin Dominance Skyrockets as Altcoins Bleed Out (Market Watch)
Bitcoin’s price slump that started on Sunday morning only worsened on Monday as the asset plunged to a three-week low of around $91,000 on most exchanges. The altcoins were obliterated within the past 36 hours or so, with massive double-digit price dumps coming from many of them. BTC Dominance...
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