MEXC Ventures Invests $36M in Ethena and USDe as Stablecoin Demand Continues to Surge
MEXC Ventures, the investment arm of crypto exchange MEXC, is investing a total of $36 million into Ethena and its USDe stablecoin, according to a press release. The firm is making a strategic investment of $16 million in Ethena and bought $20 million in USDe stablecoin to expand the...
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Wall Street Rockets As February Inflation Cools More Than Expected
Stocks surged Wednesday morning, with major indices poised to snap a two-day losing streak, as cooler-than-expected inflation reinforced expectations for Federal Reserve rate cuts in 2025. Futures on major U.S. indices rebounded sharply, with the S&P 500 climbing 1.1% by 9:00 a.m. ET, the Nasdaq 100 jumping 1.6%, and...
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SEC Delays Spot XRP, Dogecoin, SOL And LTC ETFs—What’s Going On?
A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin. This latest move pushes back potential approval dates to May 2025 for various...
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Russia’s Central Bank to allow limited crypto investments
The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime. The initiative, following directives from the Russian president, would permit a restricted group of investors to…...
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Exodus Movement Has Right Product at Right Time, Initiate With Buy Rating: Benchmark
The recent hack of crypto exchange Bybit highlights the value of self-custody wallets, broker Benchmark said in a Wednesday report initiating coverage of Exodus Movement (EXOD). The broker started coverage of the crypto wallet firm with a buy rating and a $38 price target. The shares rose 5.7% to...
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Video-Sharing Platform Rumble Buys 188 BTC for $17.1M
Nasdaq-listed video-sharing platform Rumble (RUM) has invested $17.1 million in bitcoin (BTC) adding 188 BTC to its corporate treasury, the company announced. The purchase was made at an average price of $91,000 per coin. The move is part of Rumble’s previously disclosed plan to adopt a bitcoin treasury strategy...
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Bitcoin To Defy Trump Tariffs, Recession Fears, Will Hit $200,000 By End Of 2025: Standard Chartered
Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, has expressed renewed confidence in his long-term prediction that Bitcoin (CRYPTO: BTC) will reach $200,000 by the end of 2025, citing increased Federal Reserve rate cut probabilities. What Happened: In a detailed analysis released Tuesday, Kendrick remains unfazed...
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These 3 cryptos are poised to explode in March: Tron, Litecoin and Lightchain AI
Tron, Litecoin, and Lightchain AI are set to surge in March, with Lightchain AI leading after raising $17.1m in presale. #partnercontent...
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Russia’s central bank considers allowing crypto purchases for qualified investors
Russia’s move to regulate crypto for select investors could enhance market transparency and diversify investment options, impacting global crypto dynamics. The post Russia’s central bank considers allowing crypto purchases for qualified investors appeared first on Crypto Briefing....
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KAS And TORN Crypto Both Pump +15% As Market Returns To Utility Coins: Are We Back?
Two of the best crypto performers in the past day are Kaspa (KAS) and Tornado Cash (TORN), both up around 12% as investors are returning to established, utility-focused projects. With a pivotal FOMC meeting next week, in which crypto investors hope for rate cuts that could send the whole...
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