Tag: Crypto

Why Did Trump’s Strategic Crypto Reserve Not Include XRP?

The cryptocurrency community was hit with a stunning twist, when an executive order signed by President Donald Trump dashed the hopes of Ripple and its supporters. After pouring millions into political contributions to push for XRP (CRYPTO: XRP)’s inclusion in a U.S. sovereign crypto reserve, the company and its...
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DeFi TVL drops by $45B, erasing gains since Trump election

The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected the US President in November 2024. Since the US election, DeFi TVL rose to as high as $138 billion on Dec. 17 but has retracted to $92.6...
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Strategy Files For $21B In Preferred Stock To Fund Bitcoin Acquisition

Strategy Inc. (NASDAQ:MSTR), announced on Monday that it has filed to offer up to $21 billion in preferred stock to raise funds for Bitcoin (CRYPTO: BTC) purchases. What Happened: The sales agreement involves issuing 8.00% Series A perpetual strike preferred stock STRK with a par value of $0.001 per...
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Rex-Osprey files for MOVE ETF as Movement mainnet launches 

Investment firms Rex Shares and Osprey Funds have filed with the U.S. Securities and Exchange Commission to launch an exchange-traded fund tracking the price of Movement Network’s MOVE token.  The proposed ETF would track MOVE, an Ethereum (ETH) layer-2 network…...
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Ripple v. SEC Lawsuit News Update: Is a Resolution on the Horizon?

TL;DR Leadership changes at the SEC, including Gensler’s exit and key reassignments, could signal a reduced penalty or resolution for Ripple. Contrary to speculation, no official settlement has been reached, with experts calling the case more complex than other crypto lawsuits. What’s New? Despite dropping or pausing many of...
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1.1M in ETH: What Are Ethereum Whales Preparing For?

Ethereum (ETH) continues to struggle as its price remains in a steep decline amidst a broader market drawdown. The leading altcoin has dropped by more than 48% from its mid-December 2024 high above $4,000 to a current value of $2,068. While prices trend downward, significant accumulation by whales points...
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