Analysts eye Bitcoin miners’ AI, chip sales ahead of Q4 earnings
Miners are embracing adjacent business lines to offset pressure on core mining margins from the April 2024 halving. Go to Source
Month: February 2025
KIP Protocol Denies Involvement in LIBRA Token Launch
KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its reputation. No Profits or Prior Knowledge of LIBRA Token Launch KIP Protocol has distanced itself from … Read more
Superchain will reach 80% of Ethereum L2 transactions in 2025 — Optimsm exec
Sony, Coinbase, Kraken and Sam Altman’s World are all building on Optimism’s OP Stack. Go to Source
Ethereum’s favorable risk-return ratio has traders ‘insanely bullish’ on ETH price
One altcoin trader says Ethereum’s long-term chart looks “insanely bullish” with a very favorable risk-reward ratio. Go to Source
From Skeptic to Player: Citadel Securities Is Planning to Expand Into Crypto Trading
Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com. … Read more
Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?
Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why. Go to Source
Nigeria files $81.5B lawsuit against Binance, Coinbase execs in legal trouble: Law Decoded
The Nigerian government alleged that Binance caused economic damages after crashing the country’s fiat currency. Go to Source
SEC task force continues meeting with firms over crypto regulations
The US financial regulator has already closed an investigation into Robinhood Crypto and will reportedly drop its enforcement action against Coinbase. Go to Source
Report: Ethena Labs Secures $100M From Top-Tier Investors
A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market capitalization. It … Read more
USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC … Read more