Peter Mwangi
High Taxes, Yet India Might Be Changing Its Tune on Crypto
India’s government is reassessing its position on cryptocurrency, possibly changing its regulatory framework in response to the shifting global stance toward digital assets. This review could impact the country’s crypto...
$79.95M in Crypto Set to Unlock: A Token Shake-Up In Feb 2025?
The crypto market is seeing a shift in token distribution, as insider unlocks for the week of February 3-9, 2025, total over $79.95 million. These unlocks involve private investors, team...
Purpose Investments Seeks Approval for Canada’s First XRP ETF
Purpose Investments, a Canadian asset management firm, has filed a draft proposal for the world’s first exchange-traded product based on the spot value of Ripple (XRP). Following its role as...
Litecoin ETF Could Beat XRP in ETF Race, Despite Multiple SEC Filings
Bloomberg Intelligence analyst James Seyffart has shared his thoughts on the possible approval timelines for crypto ETFs in the face of ongoing regulatory scrutiny. According to a Fortune report, Seyffart...
Ripple’s XRP Ledger: Scaling, Speed, and Multi-Purpose Token (MPT)
Ripple’s ability to scale and handle high transaction throughput has been questioned in the crypto market. A recent Twitter discussion between MartyParty, a crypto enthusiast, and Ripple CEO Brad Garlinghouse...
Pump.fun Hit With Class Action Lawsuit, Accused of Securities Violations
Pump.fun, the memecoin platform, is now at the center of a legal dispute in the United States. A class action lawsuit was filed in the Southern District of New York....
Trump’s D.O.G.E. Initiative Cuts DEI Spending, Saves Over $1 Billion
The Department of Government Efficiency (D.O.G.E.), an initiative launched under the Trump administration, has made an impact. It has saved taxpayers over $1 billion by ending Diversity, Equity, and Inclusion...
Elliott Management Warns U.S. Crypto Policies Could Trigger Market Turmoil
Elliott Management, a U.S.-based investment firm, has flagged risks tied to the government’s approach to digital assets, warning that its support could drive speculative excess. In a letter to investors,...
El Salvador’s Bitcoin Law Amended: It’s No Longer a Must-Use
El Salvador has amended its Bitcoin law to make cryptocurrency adoption optional, bowing to pressure from the International Monetary Fund (IMF). The country’s Congress passed the new law on Wednesday,...
Tesla Cashes in on Bitcoin: $600M Profit in Q4 2024 Under New FASB Rules
Tesla has reported a $600 million profit in the fourth quarter of 2024 from its Bitcoin holdings following the introduction of new accounting regulations. The company’s Bitcoin holdings are now...
Senator Cynthia Lummis Pushes for a U.S. Strategic Bitcoin Reserve
U.S. Senator Cynthia Lummis has renewed calls for a Strategic Bitcoin Reserve (SBR), arguing that Bitcoin (BTC) could serve as a hedge against inflation and financial instability. In a post...
Czech National Bank Proposes 5% Bitcoin Allocation to Diversify Reserves
Aleš Michl, Governor of the Czech National Bank (CNB), has suggested incorporating Bitcoin into the country’s reserve strategy. According to the Financial Times, Michl proposes that the CNB allocate 5%...
Kentucky Rep. TJ Roberts Proposes Bitcoin Reserve Bill— Will More States Follow?
Kentucky Representative TJ Roberts has announced plans to introduce the Bitcoin Strategic Reserve Act next week. In a post on X (formerly Twitter), Roberts said the bill would strengthen Kentucky’s...
From Binance to Sign: CZ’s $16 Million Crypto Comeback
Changpeng Zhao, the former CEO of Binance, has made a notable return to the crypto market with a $16 million investment in Sign, a blockchain platform specializing in token airdrops...
CFTC Sets Stage for Crypto Rules with Public Discussions
The Commodity Futures Trading Commission (CFTC), led by Acting Chair Caroline Pham, has announced a series of public roundtable discussions to address the digital asset space and related market structures....
Trump’s Economic Proposals: Tariffs, Tax Cuts, and Global Tax Withdrawal
President Donald Trump has announced a series of proposals aimed at reshaping U.S. economic policy. His plan includes imposing higher tariffs on imported goods, withdrawing from an international corporate tax...
China’s DeepSeek AI Wipes Out $1 Trillion From US Crypto and Tech Markets
AI-related digital assets took a hit, thanks to the impact caused by DeepSeek, a Chinese AI startup. Known for developing AI models at a fraction of the cost spent by...
Binance Poll Reveals BNB’s Gains, Losses, and Market Divide
Changpeng Zhao (CZ), the former CEO of Binance, shared the results of a poll asking users about their financial outcomes with Binance Coin (BNB). With over 53,000 responses, the poll...
Bitcoin Price Dips Again—What Hayes Thinks Will Happen Next
In what is the latest in market correction, Bitcoin has taken a hit, slipping 4.45% in the past day to now at $100,380. This dip comes after a period of...
China’s Bitcoin Ban: Odds of a Policy Shift in 2025 Shrink Further
China’s stance on cryptocurrency regulation continues to dominate discussions, especially as rumors circulate about a potential reversal of its 2021 Bitcoin ban. Recent data, however, suggests that the likelihood of...
Analysts’ Take on TRUMP Token’s Wild Ride: From $75 to $30
The $TRUMP meme coin, launched by U.S. President Donald Trump via his Truth Social platform, saw an explosive debut, reaching $75 within a day. However, the hype faded, and the...
Bitcoin’s Price Momentum Is Shifting: Are Whales Driving the Growth?
Since the U.S. election, Bitcoin’s market dynamics have shifted, with large investors, or “whales,” leading price growth. CryptoQuant data shows that whale holdings increased from 16.2 million BTC to 16.4...
OpenAI’s Stargate Dreams Big but Funding Remains Elusive
Stargate, the joint AI infrastructure project by OpenAI and SoftBank, is running into significant hurdles before gaining traction. Despite promising advancements in AI infrastructure, the initiative faces questions about its...
Is Buffett Warming Up to Crypto? Nu Holdings Investment Grows
Warren Buffett’s Berkshire Hathaway has expanded its investment in Nu Holdings, a Brazil-based digital bank with a growing foothold in the crypto market. Despite Buffett’s well-known skepticism of crypto assets,...
Binance Labs Becomes YZi Labs, Targeting AI and Biotech Startups
YZi Labs has announced in an X post that it has officially rebranded from Binance Labs. The company clarified that stepping away from the Binance brand name was a natural...
