Bitcoin traders eye ‘huge’ US jobs data as BTC price risks $95K dip
BTC price strength faces further risks as prediction markets see a giant beat on US January jobs. Go to Source
Month: February 2025
Crypto Platform Deribit Bars Russian Nationals Due to EU Sanctions
Deribit said that starting Feb. 17, Russian accounts will switch to “reduce-only” mode, and all positions will be forcibly closed by March 29, although withdrawals will remain open. Withdrawals to Remain Open Deribit, a cryptocurrency derivatives platform, announced Feb. 5 that European Union (EU) sanctions on Russia have forced it to exit the country. According … Read more
Missouri bill proposes Bitcoin reserve fund for state investments
House Bill 1217, introduced by Representative Ben Keathley, aims to establish a Bitcoin reserve fund for Missouri and mandate crypto acceptance for state payments. Go to Source
Brazilian Lawmaker Proposes Bill to Allow Investment Funds to Buy Crypto
Brazilian lawmaker Adriana Ventura has introduced a draft bill that would allow investment funds in Brazil to invest in crypto, including bitcoin. Draft Bill Could Let Brazilian Funds Invest in Crypto Brazilian investment funds may soon gain regulatory approval to buy cryptocurrencies, thanks to a new draft bill introduced by São Paulo MP Adriana Ventura. … Read more
Cboe Files 19b-4 Proposals for Spot XRP ETFs, Initiating SEC Review
On Thursday, the Chicago Board Options Exchange (Cboe) initiated a pivotal regulatory step by submitting 19b-4 filings to the U.S. Securities and Exchange Commission (SEC) on behalf of four prominent asset management entities—Bitwise, Wisdomtree, 21shares, and Canary Funds—to advance proposals for spot XRP exchange-traded funds (ETFs). Cboe Files 19b-4 Proposals for XRP Trusts Fundamentally, a … Read more
Russia and Ethiopia Take Steps Away From US Dollar as Dedollarization Grows
Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide are increasingly shifting away from the U.S. dollar in trade, opting instead … Read more
Ether derivatives netflow falls to lowest in 18 months — Why is this bullish?
Analysts speculate that rising Ether outflows from crypto derivatives exchanges are bullish, as they may lead to reduced selling pressure and closed leverage positions. Go to Source
Ondo Finance unveils layer-1 blockchain for institutions to tokenize RWAs
Ondo Finance’s new “Ondo Chain” is geared to serve institutions looking to tokenize real-world assets, but anyone can launch tokens and build apps on the network. Go to Source
Fed’s Waller backs regulated stablecoins to boost US dollar’s global dominance
Fed Board Governor Christopher Waller supports regulated stablecoins, as he believes they will help keep the US dollar as a global reserve currency. Go to Source
Ripple: Digital Assets Are Fueling $100B Custody Boom—Institutions Are Scrambling
The global custody market is booming, projected to exceed $100 billion by 2033, with crypto driving demand for secure, compliant, and scalable custody solutions, Ripple says. Crypto Custody Is Booming: Ripple Unveils the Blueprint for Custodian Success Ripple published insights on Feb. 5, 2025, detailing how custodians can address the growing demand for institutional crypto … Read more
