Daily Crypto News & Musings

Daily Feed

Czech Republic’s $7.3B Bitcoin Reserve Plan Spurs U.S. Senator Lummis to Action

Senator Lummis Urges Swift U.S. Action as Czech Republic Eyes Bitcoin Reserve The Czech Republic’s potential move to establish a Bitcoin reserve, allocating over $7.3 billion into the cryptocurrency, has prompted U.S. Senator Cynthia Lummis to call for the United States to expedite its own Strategic Bitcoin Reserve. Lummis emphasizes the critical need for the […]

Read More

Robinhood and CME Group Launch Futures Trading: Bitcoin and More

Robinhood Expands into Futures Trading with CME Group Robinhood has announced a significant expansion into futures trading in partnership with CME Group, offering retail investors a broader range of investment options including U.S. equity indices, commodities, and cryptocurrencies like Bitcoin and Ether. Robinhood adds CME Group’s futures for equities, commodities, and crypto. CME Group to […]

Read More

Lutnick Proposes Audits and Treasury Backing for US Dollar Stablecoins Amid Tether Scrutiny

Commerce Secretary Nominee Lutnick: US Dollar Stablecoins Need Audits and Treasury Backing Howard Lutnick, President Trump’s nominee for U.S. Commerce Secretary, faced intense scrutiny during a Senate hearing over his ties to Tether and the potential misuse of its USDT stablecoin. Stablecoins, cryptocurrencies designed to maintain a stable value often pegged to fiat currencies like […]

Read More

Trump Media Launches Truth.Fi with $250M Crypto Investment

Trump Media Dives into Crypto with $250M Investment in Truth.Fi Donald Trump’s media empire is making a splash in the cryptocurrency world with the launch of Truth.Fi, a new venture aimed at reshaping the landscape of digital assets. Trump Media launches Truth.Fi to expand into crypto and fintech. $250 million earmarked for Bitcoin, other cryptocurrencies, […]

Read More

Jim Cramer Reverses Stance: Now Urges Direct Bitcoin Ownership Over ETFs

Jim Cramer Flips: Advocates Direct Bitcoin Ownership After Years of Criticism Jim Cramer, the outspoken host of NBC’s “Mad Money,” has dramatically reversed his stance on Bitcoin, now advocating for direct ownership rather than dismissing it as a scam. Jim Cramer now supports direct Bitcoin ownership Previously called Bitcoin a scam Advises against using intermediaries […]

Read More

Venga Initiates MiCA Pre-Application, Aiming for EU Crypto Expansion

Venga’s Bold Leap Towards MiCA Compliance: A Step Closer to EU Expansion Venga, the Barcelona-based crypto app, has initiated its pre-application process for a Markets in Crypto-Assets (MiCA) license, a move that solidifies its commitment to regulatory compliance within the European Union. Venga submits MiCA pre-application to CNMV MiCA effective from December 31, 2024 Compliance-first […]

Read More

Kazakhstan’s Crypto Crackdown: 36 Illegal Exchanges Shut Down, CBDC Launch Planned

Kazakhstan’s Bold Move to Legitimize Cryptocurrency With over 95% of its crypto investors operating outside regulated platforms, Kazakhstan is taking decisive steps to transform its digital asset landscape. President Tokayev pushes for urgent crypto infrastructure expansion Only 5% of investors use regulated platforms 36 illegal exchanges shut down, 3,500 sites blocked in 2024 President Kassym-Jomart […]

Read More

Binance CEO Warns of Crypto Scams Amid Bitcoin Scarcity and French Probe

Crucial Crypto Scam Warning Issued by Binance CEO Richard Teng, the new CEO of Binance, has issued an urgent warning to the cryptocurrency community about the dangers of Ponzi and pyramid schemes during the current bull market. Teng highlighted the finite supply of Bitcoin and its impact on value, while French authorities have expanded a […]

Read More

Consensys Endorses Ethereum Gas Limit Hike: Scalability Boost or Centralization Risk?

Consensys Backs Ethereum Gas Limit Increase: A Step Forward or a Leap into Centralization? Consensys, a pivotal force in the Ethereum ecosystem, has endorsed a proposal to elevate the network’s gas limit, aiming to combat the blockchain’s persistent scalability issues. This move, while promising to lower transaction fees and ease network congestion, raises critical questions […]

Read More

South Dakota Eyes Bitcoin Reserve Amid Trump’s Crypto Push: A Game-Changer?

South Dakota’s Bold Move: Considering a Bitcoin Reserve Bill Amid Trump’s Pro-Crypto Push South Dakota is poised to make a groundbreaking move in the cryptocurrency realm by considering a bill that would allow the state to hold Bitcoin in its reserves. This proposal emerges amidst a renewed interest in cryptocurrency policy, spurred by former President […]

Read More

Crypto.com Delists Tether by 2025 Due to EU’s MiCA Regulations

1 February 2025 Daily Feed , , ,

Crypto.com Delists Tether: Navigating the EU’s Regulatory Storm Crypto.com’s decision to delist Tether (USDT) by January 31, 2025, marks a significant shift in the crypto world, driven by the EU’s stringent Markets in Crypto-Assets (MiCA) regulations. Crypto.com delisting Tether (USDT) by January 31, 2025 EU’s MiCA regulations demand compliance USDT’s non-compliance raises concerns Shift towards […]

Read More

Senator Lummis Backs Coinbase, Urges Clear Crypto Laws Amid SEC Clash

Coinbase vs. SEC: Senator Cynthia Lummis Advocates for Clear Crypto Regulation Amid Legal Battle Senator Cynthia Lummis has taken a strong stand in support of Coinbase, criticizing the U.S. Securities and Exchange Commission (SEC) for regulatory overreach and advocating for Congressional oversight in digital asset regulation. Lummis files amicus brief supporting Coinbase Criticism of SEC’s […]

Read More

Bitwise Files Dogecoin ETF with SEC: A Step Towards Mainstreaming Meme Coins

Bitwise’s Dogecoin ETF Filing: A Leap Towards Mainstreaming Meme Coins Is Dogecoin, the internet’s favorite meme coin, about to go mainstream? Bitwise’s recent filing with the SEC (Securities and Exchange Commission) for a Dogecoin ETF (Exchange-Traded Fund) suggests so, sparking both excitement and caution across the crypto community. Bitwise files for a Dogecoin ETF with […]

Read More

Metaplanet Aims for $745M to Boost Bitcoin Holdings, Echoing MicroStrategy’s Strategy

Metaplanet’s Bold $745M Bitcoin Move: Japan’s Answer to MicroStrategy Metaplanet, often referred to as the “MicroStrategy of Japan,” is making a significant leap forward with plans to raise a hefty $745 million through issuing new shares. The goal? To expand its Bitcoin holdings significantly. This move mirrors the aggressive Bitcoin accumulation strategy of MicroStrategy in […]

Read More

Michael Saylor’s “One Chair” Tweet Ignites Bitcoin Dominance Debate

Michael Saylor’s One Chair Tweet Sparks Bitcoin Superiority Debate With a single tweet of an AI-generated image of himself on an orange chair, captioned “One Chair,” Michael Saylor, the executive chairman of MicroStrategy, has reignited the fiery debate over Bitcoin’s dominance and its potential role in a U.S. strategic cryptocurrency reserve. Saylor’s tweet symbolizes Bitcoin’s […]

Read More

Sen. Warren Slams Trump’s Commerce Nominee Over Tether Ties Amid El Salvador Move

Anti-crypto Sen. Warren Targets Pro-crypto Commerce Secretary Nominee Howard Lutnick Senator Elizabeth Warren has launched a pointed attack on Howard Lutnick, President Trump’s Commerce Secretary nominee, over his firm’s ties to the controversial stablecoin issuer, Tether. The senator’s concerns focus on Tether’s compliance issues and its alleged involvement in illicit activities, while Tether plans to […]

Read More

South Korea’s JIU Becomes Permanent Crypto Crime Unit

South Korea’s JIU: A Permanent Force Against Crypto Crime South Korean prosecutors are set to make the Joint Investigation Unit (JIU) for Virtual Asset Crimes a permanent fixture in their fight against crypto-related crimes, transitioning from a temporary task force to a full-fledged department. JIU to become permanent crypto crime unit in South Korea Originally […]

Read More

US Senate to Confront Crypto Debanking on Feb 5: Key Witnesses and Allegations

US Senate Hearing Set to Tackle Crypto Debanking: Key Witnesses and Allegations On February 5, 2025, the US Senate will confront the pressing issue of debanking, particularly within the cryptocurrency sector, during a hearing led by the Senate Banking Committee. This session will explore whether banks are cutting off accounts due to regulatory pressure or […]

Read More

Arizona Advances Bitcoin Reserve Bill: State Funds Eye Crypto Investment

Arizona Advances Bitcoin Strategic Reserve Bill, Moves Closer to Adoption Arizona is pushing forward with the Strategic Bitcoin Reserve Act (SB1025), aiming to create a state-level Bitcoin reserve. This move could allow government entities and public funds to invest up to 10% of their capital in Bitcoin and other digital currencies, stirring both excitement and […]

Read More

Moonbeam and Eigenlayer Launch Datahaven: Decentralized Storage for AI and Web3 on Ethereum L2

Moonbeam and Eigenlayer’s Datahaven: Revolutionizing Decentralized Storage for AI and Web3 Moonbeam and Eigenlayer have launched Datahaven, a groundbreaking decentralized storage solution tailored for AI and Web3 applications, focusing on Ethereum Layer 2 (L2) environments. This launch promises to enhance data privacy, security, and scalability, offering a versatile platform for storing AI models, training data, […]

Read More

Spiko Tokenizes T-Bills on Arbitrum, iDEGEN Presale Hits $18.6M

31 January 2025 Daily Feed , , ,

Spiko Tokenizes T-Bills on Arbitrum, iDEGEN Presale Raises $18.6M French fintech firm Spiko has launched tokenized US and EU Treasury Bill Money Market Funds on Arbitrum One, marking a significant step in integrating traditional finance with DeFi. Concurrently, iDEGEN’s presale has soared to $18.6 million, showcasing the power of AI and community engagement in the […]

Read More

Tether Launches USDT0 Standard: $1.3B Swap on Arbitrum to Boost Cross-Chain Transactions

Tether’s USDT0 Standard: A Leap Towards Cross-Chain Harmony Tether introduces USDT0, a new standard to streamline cross-chain transactions, starting with a $1.3 billion swap on Arbitrum. USDT0 aims to streamline cross-chain transactions Arbitrum swaps $1.3 billion USDT to USDT0 LayerZero technology powers the new standard Tether expands in DeFi and international markets Tether, the titan […]

Read More