Welcome to Crypto Today, your go-to source for the latest updates and trends in the world of blockchain and cryptocurrency. In today’s edition, we’ll cover the most significant events shaping the digital asset space, from regulatory developments to market shifts, and emerging technologies that could define the future of finance. 1. SEC’s Latest Move on Crypto Regulation The U.S. Securities …
Business
February, 2025
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1 February
Elon Musk’s Father Joins Meme Coin Craze with ‘Musk It,’ Eyes $200M Raise
In a surprising twist to the meme coin phenomenon, Errol Musk, father of tech mogul Elon Musk, has launched his own cryptocurrency—‘Musk It.’ The new coin, inspired by the rising popularity of meme-based digital assets, is looking to raise a substantial $200 million to fund its development and growth. A New Musk in the Crypto Space Errol Musk, who has …
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1 February
Grayscale Launches Dogecoin Investment Fund for Institutional Investors
In a groundbreaking move for the cryptocurrency market, Grayscale has officially launched a Dogecoin Investment Fund designed specifically for institutional investors. The fund will allow accredited investors to gain exposure to Dogecoin (DOGE), one of the most popular and widely recognized cryptocurrencies, through a trusted and regulated investment vehicle. A New Investment Opportunity for Institutions Grayscale, one of the largest …
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1 February
21Shares Files for SEC Approval to Launch First Polkadot ETF
In a move that could further expand crypto investment opportunities, 21Shares has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch the first-ever Polkadot exchange-traded fund (ETF). If approved, the ETF would provide investors with regulated exposure to Polkadot (DOT), a blockchain platform focused on interoperability and scalability. A Step Toward Crypto Diversification 21Shares, a leading crypto …
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1 February
Pump.Fun Hit with Second Lawsuit Over Alleged Securities Violations
Crypto platform Pump.Fun is facing increased legal trouble as it has been slapped with a second lawsuit alleging violations of U.S. securities laws. The lawsuit accuses the platform of operating without proper regulatory approval and facilitating the sale of unregistered securities, adding to the growing legal scrutiny surrounding the crypto industry. Allegations Against Pump.Fun The lawsuit claims that Pump.Fun, a …
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1 February
SEC Greenlights NYSE Arca’s Listing of Bitwise Bitcoin & Ether ETF
In a major development for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved NYSE Arca’s proposal to list and trade a joint Bitcoin and Ether exchange-traded fund (ETF) from asset manager Bitwise. The approval marks another milestone in the growing integration of digital assets into traditional finance. A Win for Crypto Investors The SEC’s decision allows …
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1 February
Seven UK Gang Members Jailed for Kidnapping and Torturing Crypto Investor
Seven gang members in the UK have been sentenced to prison for the brutal kidnapping and torture of a cryptocurrency investor in a shocking crime that highlights the risks associated with the digital asset industry. The attackers targeted their victim, believing he had access to a fortune in crypto, and subjected him to horrific violence in an attempt to steal …
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1 February
French Authorities Probe Binance in Money Laundering Investigation
French authorities have launched an investigation into Binance, the world’s largest cryptocurrency exchange, over allegations of money laundering and operating without proper regulatory approval. The probe, led by France’s financial crime unit, is part of a broader effort to crack down on illicit financial activities within the crypto industry. Regulatory Scrutiny Intensifies According to sources familiar with the case, the …
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1 February
Budget 2025-26: A Blueprint for Inclusive Growth and Transformation
Reforming Growth and Investment: Insights into the Budget 2025-26 Central Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman presented the Central Budget for the fiscal year 2025-26 in Parliament, unveiling an ambitious roadmap that promises to reshape India’s economic landscape. The budget outlines major initiatives across various sectors—including agriculture, MSMEs, infrastructure, innovation, education, and health—while also implementing significant tax reforms …
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1 February
Union Budget 2025-26: Real Estate’s Direct and Indirect Benefits
The Union Budget focused on economic expansion, infrastructure development, MSMEs, futuristic cities, and middle-class welfare and brings substantial relief for the middle class. It also aims to stimulate rural consumption – an essential step toward unlocking India’s economic potential. From a real estate perspective, the budget delivers both direct and indirect benefits, acting as a catalyst for growth. However, a …