Bitcoin drops 5% from highs as Trump avoids crypto mention during inauguration
Key Takeaways Bitcoin fell 5% after Trump avoided any mention of crypto during his inauguration speech, disappointing market expectations. Bitcoin dominance continues to climb, delaying hopes for an altcoin season. Share this article Bitcoin dropped 5% from its all-time high…
Gemini Relocates Headquarters From Dublin: Malta Is Its New Hub For MiCA Framework
On 20 January 2025, US-based Gemini announced moving its headquarters from Dublin to Malta as its hub for the Markets in Crypto-Assets (MiCA) framework – implemented by EU lawmakers to standardise crypto regulations across member states. “Having received our Virtual…
Coinbase CEO apologizes for multi-hour outage, pledges tier 1 support
After yet another technical hiccup, this time with Solana, Coinbase’s CEO apologized and pledged to scale infrastructure and provide “tier 1” support for high-demand periods. Coinbase CEO Brian Armstrong has apologized for the Solana delays caused by the exchange’s infrastructure…
MicroStrategy buys 11,000 Bitcoin for $1.1 billion, boosting holdings to 461,000 BTC
Key Takeaways MicroStrategy’s Bitcoin holdings surge to 461,000 BTC, now valued at $48 billion, following a new acquisition. The firm funded its latest Bitcoin purchase through stock sales. Share this article MicroStrategy said Tuesday it had acquired 11,000 Bitcoin worth…
ESMA Sets January Deadline To Align With MiCA Stablecoin Rules, Tether’s USDT Can Be Affected
In its latest announcement, the European Securities and Markets Authority (ESMA) issued a critical directive for crypto firms, specifically stablecoin issuers, operating within the European Union (EU). On 17 January 2025, ESMA mandated compliance with the new Markets in Crypto-Assets…
Upbit, Bithumb to pay largest ever compensation for system failures during martial law
South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system failures caused by the martial law declaration. Upbit and Bithumb, two South Korean crypto exchanges, have agreed to compensate users for technical…
Trump and Doge meme coins get ETF filings as Trump begins second term in office
Key Takeaways Osprey Funds’ SEC filing includes seven spot crypto ETFs, led by Trump and Doge meme coins, alongside ETH, BTC, SOL, XRP, and BONK. The Trump token ETF filing follows the token’s recent launch and highlights the potential for…
A Crypto Sandbox: Thailand’s Bid To Enhance Local Economy
Thailand is set to take a bold step with the launch of a crypto sandbox in Phuket this October. According to a 19 January 2025 local media report, this initiative represents a strategic move to boost the country’s standing in…
Trump frees Ross Ulbricht, slams justice system
Ross Ulbricht, founder of the Silk Road darknet marketplace, has been granted a full pardon by President Trump, honoring Libertarian support during his campaign. Ross Ulbricht, the founder of Silk Road, has been fully pardoned by President Donald Trump. On…
Hester Peirce tapped to lead SEC’s new crypto task force
Key Takeaways The SEC has formed a Crypto Task Force under Commissioner Hester Peirce to establish proactive regulation and clear legal standards. The initiative aims to support innovation while addressing industry confusion over previously enforcement-focused approaches. Share this article The…