News

Fed to Join Project Agorá Using Tokenized Reserves, Not CBDC

Federal Reserve confirms participation in Project Agorá while avoiding CBDC terminology in favor of tokenized reserves. US approach differs from other central banks by tokenizing...

16 US States Consider Bitcoin Reserve Legislation as Utah Takes Lead

16 U.S. states are currently considering legislation to establish Bitcoin reserves or enable crypto investments in public funds. Utah leads implementation efforts with a bill...

Bitcoin Network Activity Hits 12-Month Low Despite Bullish Holder Metrics

Bitcoin network activity has decreased 15% since November 2023, reaching its lowest level in a year at 3,760. Daily transactions have fallen 53% to 346,000,...

Japan Regulator Asks Apple and Google to Block Major Crypto Exchange Apps

Japan's FSA requests Apple and Google to block downloads of five major unregistered crypto exchanges. Apple has already complied with the request, removing the apps...

Crypto Market Tumbles as Construction Worker Loses $60K Amid Trump Policy Shifts

Cryptocurrency markets experienced significant volatility following Trump's recent policy announcements, with Bitcoin dropping 6% in a single session. Small investors like Nick faced substantial losses,...

Bitcoin Stalls Below $100K as Gold Hits Record High Ahead of US Jobs Data

Bitcoin currently trades above $98,000 but shows signs of being overvalued according to CryptoQuant's analysis suggesting a fair value between $48,000-$95,000. Network activity has dropped...

Wall Street Giants Join Forces with Ondo Finance to Launch New Institutional Blockchain

Ondo Finance is launching a dedicated layer-1 blockchain focused on institutional real-world asset tokenization. Major financial institutions including BlackRock, Paypal, and Morgan Stanley are serving...

Cboe Exchange Files Four Spot XRP ETF Applications with SEC, Including WisdomTree and Bitwise

Cboe Exchange filed applications for four spot XRP ETFs from major asset managers WisdomTree, Bitwise, 21Shares, and Canary. XRP has experienced a 25% decline over...

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DeFi Trader’s $50M Swap Blunder Enriches Titan

An Ethereum DeFi user lost $50 million last week in an extreme swap blunder, trading for Aave tokens worth...

Crypto.com Cuts 12% of Staff in Pivot to “AI-Driven ops”

crypto.com is cutting 180 employees, representing a 12% reduction in its workforce.CEO Kris Marszalek said the cuts are part...

Bitcoin Outperforms Gold, Silver Amid Market Chaos

Bitcoin fell 4.4% but outperformed traditional safe havens, with the SPDR Gold Shares ETF (GLD) down almost 6% and...

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