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Harnessing the Perfect Storm: U.S. Stablecoin Regulation Could Accelerate in 2025, Bernstein Analysts Predict Analysts at Bernstein forecast a “perfect storm” of political and regulatory influences that could speed up the enactment of U.S. stablecoin legislation this year. The report, published on Wednesday, suggests that the alignment of these forces may encourage major financial institutions to consider ways of incorporating stablecoin issuance or settlement into their business operations.…

Bitget Wallet Empowers DeFi User Experience by Incorporating Monad Testnet VICTORIA, Seychelles, Feb. 19, 2025 (GLOBE NEWSWIRE) – Bitget Wallet, a premier Web3 non-custodial wallet, has officially integrated the Monad Testnet, a high-performance Layer 1 blockchain compatible with EVM. Users can now incorporate the Monad Testnet directly via the wallet interface and engage with the ecosystem projects highlighted in the exclusive Monad DApp…

Trump’s WLFI Unveils “Macro Strategy” Fund for Top Cryptocurrencies US President Donald Trump’s blockchain venture has announced a strategic reserve fund to bolster the expansion of leading cryptocurrencies. The decentralized finance platform, World Liberty Financial (WLFI) under Trump’s aegis, has launched the “Macro Strategy” fund. This fund is dedicated to Bitcoin (BTCUSD), Ether (ETHUSD), and other trailblazing cryptocurrencies remolding the global financial…

Potential Bitcoin Drop to $92K: An Analysis of Current Market Trends Reported on CryptoPotato, Bitcoin (BTC) is displaying a downward trend, struggling to overcome the resistance level at $108K. With the crypto asset falling under the much-anticipated $100,000 milestone, investors are bracing for a possible deeper market correction. Technical Analysis by Edris Derakhshi (TradingRage) From the daily chart, it’s clear…

Kraken Plans to Remove Tether USDT and Four Other Stablecoins from European Market Popular cryptocurrency exchange Kraken has announced its plans to align with European digital currency regulations by preparing to delist five stablecoins, including Tether’s USDt. The full delisting of USDt USDTUSD will take place on March 31, as a part of the company’s compliance with the European Union’s Markets in…

21Shares Seeks SEC Approval for a Polkadot Spot ETF 21Shares, a pioneer in the domain of crypto investments, has taken an audacious step forward by filing an application for a spot Polkadot (DOT) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). This ETF, if approved, would provide investors an opportunity to gain direct exposure to Polkadot without the hassle…

Has The Cryptocurrency Market Reached Its Peak? Bitcoin Expected To Hold Steady, Say Experts The inaugural month of 2025 has drawn to a close with Bitcoin (BTC) maintaining its trajectory within the price band observed post the US elections, inching nearer to two historic closing candles. Market pundits have speculated that the market might be contented with the positive news at present. Keeping recent corrections aside,…

“Bitcoin Bears Running Out of Room, Predicts Analyst: New Highs Likely by End of Q1” With the ongoing bullish trend in the crypto market, Bitcoin detractors may find it increasingly challenging to anticipate a near-term price dip. This observation comes from a crypto analyst who suggests that the current pro-crypto macro environment indicates new all-time highs (ATH) for Bitcoin by…

Brace Yourselves: XRP Predicted to Surge to $4.39, Claims Trading Expert The XRP community was abuzz on January 30 when esteemed technical analyst, Peter Brandt, alluded to a potential “bull flag” continuation pattern in a daily price chart (XRP/USDT) he posted. The seasoned analyst, known for his decades-long expertise in charting, pointed out that $4.39541 could be the top price objective, according to…

Tether’s Stellar 2024: An Impressive $13 Billion in Net Earnings Tether, the leading USD-pegged Ethereum-based stablecoin, reported a substantial net profit of $13 billion for 2024, as per the Q4 and year-end attestation report reviewed by independent accounting firm BDO on Friday. CEO Paolo Ardoino disclosed that the fourth quarter alone garnered $6 billion in profit for Tether. The stablecoin behemoth’s direct and indirect…

Kraken Crypto Exchange Witnesses a Double Influx in Revenue to $1.5 Billion in 2024 Kraken, a leading cryptocurrency exchange, disclosed its impressive 2024 financial results with revenues hitting $1.5 billion, marking a significant 128% surge from the previous year. The exchange’s earnings before interest, tax, depreciation, and amortization (EBITDA) hit a substantial figure of $330 million in 2024. Further, Kraken saw an enormous trading volume of…

The Rise of Bitcoin ETFs: Surpassing $125B with BlackRock’s IBIT at 31st Position Globally The world’s first cryptocurrency, Bitcoin, continues to demonstrate increased acceptance among institutions, as evidenced by the significant milestone achieved by US spot Bitcoin exchange-traded funds (ETFs). As of Jan. 30, these ETFs collectively surpassed $125 billion in holdings, representing over 6.05% of the current Bitcoin supply, according…

Purpose Investments Pursues Pioneering XRP ETF Launch in Global First Purpose Investments, a leading asset management firm, has lodged a preliminary prospectus with Canadian regulatory authorities, outlining its plans for a groundbreaking Ripple (XRP) exchange-traded fund (ETF). This move is a significant step in the company’s ambition of launching the first-ever spot XRP ETF worldwide. This isn’t Purpose’s debut in the crypto ETF…

Retail Bitcoin Traders Transfer $625M to Binance Anticipating ‘First Cycle Top’ On Jan 31, 2025, onchain analytics platform CryptoQuant reported a significant transaction from retail investors to Binance, the leading cryptocurrency exchange. A total of 6,000 BTC, approximately $625 million, was moved in anticipation of the ‘first cycle top.’ At the same time, Bitcoin whales, the big players who often dictate the…

Tether Expresses Concern Over Swift USDT Delisting Response to MiCA Regulations in Europe Tether, a leading stablecoin operator, has voiced its concerns about the swift actions by European cryptocurrency exchanges to delist its USDt stablecoin in response to the Markets in Crypto-Assets (MiCA) framework implemented by the European Union. Crypto.com, a renowned crypto exchange, announced on January 29 that it…

EFF Demands Dismissal of Roman Storm from Tornado Cash Lawsuit The Electronic Frontier Foundation (EFF), a leading organization for digital rights, is calling for the removal of Roman Storm from the ongoing Tornado Cash legal proceedings. This demand by the EFF is a significant move in the cryptocurrency world and could potentially impact future legal cases involving digital assets. Tornado Cash is a…

Bitwise Pursues SEC Approval for a Dogecoin ETF: Recent Filing Revealed Bitwise, a renowned name in the crypto market, has recently made a filing with the Securities and Exchange Commission (SEC) of the United States. The filing, made public, reveals the company’s aspiration to launch a Dogecoin Exchange Traded Fund (ETF). This move by Bitwise exhibits the increasing acceptance and recognition of Dogecoin in…

Investigation into DeepSeek’s Affiliated Group by Microsoft Over OpenAI’s Data Collection Procedure: Exclusive News According to recent reports, Microsoft is conducting an inquiry into a group associated with DeepSeek regarding the data collection techniques used by OpenAI. This investigation is said to be part of Microsoft’s ongoing commitment to ensuring that data processing and collection methods align with ethical guidelines and practices. OpenAI, a leading artificial intelligence lab,…

Paradigm Pledges $1.25M to Support Tornado Cash Co-Founder’s Ongoing Legal Struggle Paradigm, a leading cryptocurrency investment firm, has committed a substantial amount of $1.25 million to support the co-founder of Tornado Cash in his ongoing legal tussle. This news comes as a significant development in the crypto world, as well as a much-needed relief for the beleaguered entrepreneur. Tornado Cash, a privacy-focused…

Czech Republic’s Central Bank Governor Proposes Bitcoin Reserves Plan, Discloses FT The Governor of the central bank of Czech Republic is set to unveil a proposal to maintain reserves in Bitcoin, according to a report by the Financial Times. This move aligns with the growing trend of central banks around the globe considering digital assets as viable reserve currencies. The decision to hold…