Archives des Crypto - Page 3 sur 5

Fév242025 by MattNo Comments

Crypto Investment Outflows Surge Amid US Policy Uncertainty

Edited by Matt Waller Investors are pulling back from crypto investment products amid growing uncertainty over US economic policy. Over the past week, a reported $508 million was withdrawn from digital asset products, bringing the two-week total to an astounding $924 million. The sell-off coincides with heightened concerns over trade tariffs, inflation, and shifts in monetary policy following the presidential inauguration. Key Points: Total Outflows: Crypto investment products saw $508 million in withdrawals last week, totaling $924 million over two weeks. Bitcoin Under Pressure: Bitcoin experienced heavy selling pressure with outflows reaching $571 million and investors shorting $2.8 million in positions. Altcoin Inflows: In contrast, XRP led the altcoi...

Fév242025 by MattNo Comments

Crypto Week in Focus: LIBRA Wipeout, FTX Payouts, YZY Debut, and the Hamster Kombat Revival

Breaking News, Crypto

Edited by Matt Waller The crypto landscape has experienced a dramatic week, defined by extreme volatility and bold strategic moves. From the catastrophic collapse of the LIBRA meme coin to significant creditor payouts by FTX, alongside major financial maneuvers and high-profile token launches, these events illustrate both the promise and peril of the digital asset space. Key Points: LIBRA Meme Coin Collapse: A pump-and-dump maneuver led to a 90% drop, erasing around $251 million in value and leaving 86% of traders with losses. FTX Creditor Payouts: FTX has initiated a $1.2 billion distribution to smaller creditors as a first step in its recovery process. Strategy Convertible Note Offering: Strategy announced a $2 billion convertible senior note offer...

Fév202025 by MattNo Comments

New Era for Pi Network: Mainnet Launch Sparks 35% Rally in Pi Coin

Breaking News, Crypto

Edited by Matt Waller In a major milestone for the blockchain community, Pi Network’s open mainnet went live at 8:00 AM UTC on February 20, triggering a rally that pushed Pi Coin up more than 35% in less than an hour. The launch marks the end of a six-year development journey, transitioning the project from a closed mainnet environment—active since 2021—to an open platform for global users. A New Era for Pi Network The mainnet debut opens a new chapter for Pi Network. Now, community members—known as “pioneers”—can freely trade Pi Coin. Developers have already begun showcasing over 100 decentralized applications. These apps span sectors like decentralized finance and gaming. The move is seen as a critical step toward broader adoption. Unlike traditional proof...

Fév202025 by MattNo Comments

Transak – New Licenses in Illinois and Missouri

Breaking News, Crypto

Edited by Matt Waller Transak, a leading web3 payment infrastructure provider, has secured Money Transmitter Licenses (MTLs) in Illinois and Missouri. The new regulatory approvals mark a significant step in the firm’s expansion in the U.S. market and will allow it to operate independently in these states. Regulatory Milestone Transak’s new licenses enable the company to engage in money transmission activities in full compliance with state financial laws and consumer protection standards. An MTL permits a firm to facilitate fiat-to-crypto transactions directly—without relying on external provider licenses. This clearance strengthens consumer protection and paves the way for partnerships with local financial institutions. Exclusive confirmation from crypto.new...

Fév202025 by MattNo Comments

Bitcoin Rewards App Fold Experiences Volatility in Wall Street Debut

Crypto, Markets

Edited by Matt Waller Fold Holdings, a bitcoin rewards platform, made its public market debut on Nasdaq on Wednesday through a SPAC merger with FTAC Emerald Acquisition Corp. The company, which boasts a 1,000 BTC holding valued at roughly $96 million at current prices, has joined an exclusive club of public companies with significant bitcoin exposure on their balance sheets. A Tumultuous Start on the Nasdaq Fold’s market debut was marked by early trading volatility. Shares jumped over 30% above the $13 level in the first few minutes. However, gains were not sustained. The stock pulled back and eventually traded around $11. This swing underscores the challenges new crypto-related listings face amid uncertain investor sentiment. The SPAC merger route allowed F...

Fév192025 by MattNo Comments

Binance Pauses U.S. Plans, Awaiting Clearer Regulatory Signals

Crypto

Edited by Matt Waller Binance is exercising caution in its approach to the U.S. market, opting to hold off on major moves until regulatory clarity improves, CEO Richard Teng confirmed in a recent Bloomberg interview. The decision comes amid what Teng described as a “fresh reset” in U.S. crypto policy—a shift from the previous administration’s more confrontational stance. A Shift in Regulatory Tone Teng pointed out that the crypto environment in the United States has changed significantly since the aggressive actions taken under the Biden administration. Back then, U.S. regulators had launched lawsuits against major players, including Coinbase and Binance itself. With President Donald Trump’s administration now at the helm, the regulatory landscape appears more ...

Fév192025 by MattNo Comments

Korea Declares TerraUSD & LUNA Outside Regulatory Bounds

Crypto

Edited by Matt Waller South Korea’s top court has delivered a game-changing decision for the crypto world. In a unanimous ruling, the Supreme Court declared that TerraUSD and Terra (LUNA) do not qualify as regulated financial products under the Capital Markets Act. This verdict overturns the prosecution’s appeal and prevents asset seizures of Terraform Labs co-founder Shin Hyun-seong. What the Ruling Means The court’s decision is clear. Lower courts had already ruled that Terra’s tokens do not meet the legal definition of securities. Now, the Supreme Court has confirmed that these tokens fall outside regulatory protection. Prosecutors had tried to classify LUNA as a security to seize assets linked to alleged fraud. The ruling denies that claim. The decision ...

Fév182025 by MattNo Comments

Ether ETFs Gain $393M While Bitcoin ETFs Shed $376M

Breaking News, Crypto

Edited by Matt Waller A notable shift in investor sentiment is underway as Ether (ETH) ETFs in the United States have attracted a net inflow of $393 million this month, while Bitcoin (BTC) ETFs faced a significant outflow of $376 million. This divergence underscores a growing preference for Ethereum-based products among market participants, even as both cryptocurrencies navigate a volatile trading environment. Divergent ETF Dynamics Recent figures from Farside Investors reveal a striking contrast between Ether and Bitcoin ETF performance. The nine U.S.-listed Ether spot ETFs recorded inflows that were seven times higher compared to January, experiencing outflows on just two trading days during the month. In comparison, the 11 Bitcoin ETFs only managed to attract in...

Fév182025 by MattNo Comments

Robinhood Eyes Singapore Market with Ambitious Crypto Expansion by Late 2025

Business, Crypto

Edited by Matt Waller In a move set to reshape the digital trading landscape in Asia, Robinhood is preparing to launch a suite of crypto offerings in Singapore by late 2025. Building on its recent acquisition of the renowned European crypto exchange Bitstamp, Robinhood is positioning itself to capture a growing segment of the Southeast Asian market—a region increasingly recognized as a hub for fintech innovation. A Strategic Acquisition to Accelerate Expansion In June 2024, Robinhood made headlines by acquiring Bitstamp in a $200 million deal. According to Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, this acquisition wasn’t just about expanding market share—it was a strategic play to tap into Bitstamp’s coveted Singaporean license. Bi...

Fév182025 by MattNo Comments

Solana Price Drops 9% as Trading Volume Spikes 76%

Crypto

Edited by Matt Waller In a whirlwind trading session, Solana (SOL) experienced a dramatic 9% price drop in the last 24 hours, while trading volume soared by 76%. This recent volatility has captured the attention of investors and analysts alike, sparking fresh debates about the network’s security, investor confidence, and potential opportunities amid the turmoil. A Dynamic Market Snapshot Solana began the day trading at roughly $177.92 but soon fell below the critical $170 barrier—a level not seen since late October 2024. Current data shows SOL fluctuating between $164 and $170, with an intraday swing of around $22. This sharp decline, combined with a surge in trading volume, indicates intense market activity. Whether investors are taking profits, cutting lo...