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Kucoin Appoints Former Chief Legal Officer BC Wong as New CEO

The company’s top lawyer was picked to take the reins as the exchange focuses on “global growth and innovation while maintaining regulatory compliance.”

Kucoin Appoints Former Chief Legal Officer BC Wong as New CEO

Kucoin’s Top Lawyer Promoted to CEO

Seychelles-based cryptocurrency exchange Kucoin appointed its former Chief Legal Officer…

CEO of Bitcoin.com Puts Ethereum on Blast for 'Woke' Ideology

Corbin Fraser has sparked a debate in the crypto community with his recent critique of Ethereum, accusing the blockchain giant of prioritizing cultural and environmental ideals over competitiveness and utility.

CEO of Bitcoin.com Puts Ethereum on Blast for 'Woke' Ideology

Ethereum’s Ideological Focus Could Backfire

Bitcoin.com CEO…

Trump's Crypto Venture Erodes Confidence in Digital Assets, Executi…

More voices in the crypto industry are criticizing the Trump family’s launch of memecoins just before the inauguration.

Trump's Crypto Venture Erodes Confidence in Digital Assets, Executives Say

Memecoin Launches a ‘Blight’

Key voices in the crypto industry continue to criticize the Trump family’s launch of memecoins just before the inauguration. Ma…

US Sentences Indian National to Prison for $20M Crypto Laundering S…

The U.S. sentenced an Indian cryptocurrency vendor to 121 months in prison for laundering over $20 million through darknet platforms and an international hawala network.

US Sentences Indian National to Prison for $20M Crypto Laundering Scheme

Cryptocurrency Laundering Scheme Ends in Prison Sentence

The U.S. Department of Justice (DOJ) announced…

NFT Sales Hit $156M as Ethereum and Azuki Steal the Spotlight

Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $156.13 million, driven by a 115.41% escalation in the number of buyers relative to the preceding week.

NFT Sales Hit $156M as Ethereum and Azuki Steal the Spotlight

Trump's Return to Office Fails to Ignite Bitcoin: BTC Drops 5.7% Fr…

On Monday, following Donald Trump’s inauguration and address—an event that made no mention of bitcoin or crypto assets—the cryptocurrency market experienced a pullback. Bitcoin fell 5.7% from its all-time high (ATH) of $109,356 recorded on Jan. 20, slipping to $103,092 per coin.

Trump's Return to Office Fails to Ignite Bitcoin: BTC Drops 5.7% From ATH

Ethereum Foundation Sets Up Multisig Wallet for Defi Participation

The Ethereum Foundation has announced the creation of a new multi-signature wallet using the Safenet platform to enhance its treasury operations and facilitate participation in the decentralized finance (defi) ecosystem.

Ethereum Foundation Sets Up Multisig Wallet for Defi Participation

Ethereum Foundation Begins Transition to Safe Multisig Wallet

Trump Names Caroline Pham as CFTC Acting Chair Amid Sweeping Leader…

President Donald Trump has designated Commissioner Caroline Pham as the acting chair of the Commodity Futures Trading Commission (CFTC), heralding a pivotal shift in the leadership of the regulatory institution tasked with overseeing derivatives markets and digital assets.

Trump Names Caroline Pham as CFTC Acting Chair Amid Sweeping Leadership Shake-Up

Coinshares: Digital Asset Inflows Surge to Record $2.2 Billion in a…

Digital asset investment vehicles attracted $2.2 billion in inflows last week, marking the most substantial weekly total this year, as highlighted in Coinshares’ latest analysis authored by James Butterfill.

Coinshares: Digital Asset Inflows Surge to Record $2.2 Billion in a Single Week

XRP Rockets With $31 Million Inflows Amid Crypto Boom

Coinshares noted…

Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bro…

Vitalik Buterin, co-founder of Ethereum, has disclosed that the Ethereum Foundation is making large leadership changes in its structure. However, Buterin clarified that this does not mean the foundation would change its general ideology or risk losing its position as a neutral platform.

Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Senator Introduces Bill to Cement Texas as the First State With a B…

Texas aims to lead the digital revolution with a groundbreaking “Strategic Bitcoin Reserve Act,” securing economic resilience and innovation through state-managed bitcoin integration.

Senator Introduces Bill to Cement Texas as the First State With a Bitcoin Reserve

Texas Proposes Strategic Bitcoin Reserve to Revolutionize State Finances

Texas State Senator…

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout…

As of this week, Sky, the decentralized finance (defi) initiative previously recognized as Makerdao, has witnessed its newly launched stablecoin, USDS, exceed the $2 billion threshold. Among the top ten stablecoins, it experienced the most significant expansion in supply over the past month.

Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Bitcoin ETFs Near $1 Billion in Single-Day Inflows

Friday’s trading session delivered a substantial influx of $979.22 million into 10 of the 12 spot bitcoin exchange-traded funds (ETFs), while spot ethereum ETFs accrued $23.87 million, reinforcing a pronounced shift in institutional engagement with digital assets.

Bitcoin ETFs Near $1 Billion in Single-Day Inflows

Friday’s Crypto ETF Frenzy

Ethereum Slips Further Behind as Competitors Steal the Spotlight

As the global cryptocurrency market capitalization expands to $3.59 trillion, the second-largest digital asset, ethereum (ETH), has struggled to keep pace with its peers. Over the past six months, its performance has lagged significantly, falling short of the momentum seen elsewhere in the sector.

Ethereum Slips Further Behind as Competitors Steal the Spotlight

Wintermute Predicts US Bitcoin Reserve Consultations Will Spark Glo…

A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025.

Wintermute Predicts US Bitcoin Reserve Consultations Will Spark Global Crypto Race

Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma M…

Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma.

Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake

Bitfufu’s Strategic $0.03 per kWh Power Play

As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region,…

Kenyans HODL On: Crypto Use Soars Despite Central Bank Warnings, St…

A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation.

Kenyans HODL On: Crypto Use Soars Despite Central Bank Warnings, Study Finds

Kenya Seeks IMF Assistance

According to a study by a Kenyan Technical Working Group, Kenyan residents…

Ripple Ruling Challenged by SEC, Firm's Legal Officer Dismisses Eff…

The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple, filing an appeal to contest portions of a district court ruling that categorized the XRP token differently based on whether sales were made to institutional investors or retail participants.

Ripple Ruling Challenged by SEC, Firm's Legal Officer Dismisses Effort as 'Noise'

Cryptoquant: Bitcoin Could Hit $250,000 in 2025

Favorable crypto policies in the U.S. along with supportive monetary conditions have been identified as triggers for bitcoin’s next big price move.

Cryptoquant: Bitcoin Could Hit $250,000 in 2025

Bitcoin Poised for Macro Price Peak in 2025

Bitcoin’s price is on track to achieve its next macro peak, according to the latest…

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10th January 2025, 3:01 am Canaan Introduces Bitcoin Mining Home Heaters at CES 2025 0 comments