Cryptocurrency News

31 January

Russia’s Bitcoin Hub Under Fire: Governor Pushes for Year-Round Mining Ban

Russia has become a global hotspot for Bitcoin mining due to its cheap electricity and cold climate—ideal conditions for running energy-hungry mining rigs. However, the governor of [Region Name] is now calling for a year-round ban on crypto mining, citing rising electricity shortages, environmental concerns, and strain on the local power grid. Could this signal a broader crackdown on crypto …

31 January

Grayscale Makes Waves: Bitcoin Mining ETF Debuts on NYSE Arca

In a major move for both the traditional finance and cryptocurrency sectors, Grayscale has launched its highly anticipated Bitcoin Mining ETF on the NYSE Arca. The new exchange-traded fund is designed to give investors exposure to the thriving Bitcoin mining industry without the need to directly own or operate mining rigs. With this launch, Grayscale is betting on the growing …

31 January

Circle Expands Reach: USDC Now Live on Aptos Mainnet

Circle, the issuer of USD Coin (USDC), has made another strategic move to expand its reach by launching USDC on the Aptos mainnet. This integration marks a significant milestone for both Aptos and Circle, as it strengthens the adoption of stablecoins and enhances the capabilities of the Aptos blockchain. But what does this mean for the future of USDC, Aptos, …

31 January

SEC Greenlights NYSE Arca’s Historic Bitcoin and Ether ETF Launch

In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has approved NYSE Arca’s proposal to list a joint Bitcoin and Ether Exchange-Traded Fund (ETF). The approval of this Bitcoin-Ether ETF marks a historic moment for both the cryptocurrency market and traditional finance, paving the way for broader institutional and retail investor participation in these two leading digital assets. …

31 January

Elliott Hedge Fund Warns: Trump’s Crypto Push Could Inflate a Bubble Ready to Burst

As cryptocurrencies continue to capture the world’s attention, former President Donald Trump’s recent calls for greater adoption of digital currencies are stirring up controversy. Elliott Management, one of the world’s largest hedge funds, has issued a strong warning that Trump’s advocacy for crypto could be inflating a dangerous market bubble that is bound to burst. But is Trump’s push for …

31 January

Lagarde Says No: ECB Rejects Bitcoin as EU Reserve Asset

Christine Lagarde, President of the European Central Bank (ECB), has firmly rejected the idea of Bitcoin becoming a part of the European Union’s foreign exchange reserves. In a recent statement, Lagarde emphasized the risks associated with Bitcoin and other cryptocurrencies, arguing that they do not meet the stability criteria needed for official reserve assets. But what does this rejection mean …

31 January

French Authorities Probe Binance: Money Laundering Investigation Launched

In a significant development for the cryptocurrency industry, French authorities have initiated a money laundering investigation into Binance, one of the world’s largest cryptocurrency exchanges. The probe comes as part of a broader crackdown on illicit financial activities within the digital asset space. The investigation could have far-reaching implications for Binance and its operations in Europe, as well as for …

30 January

Chamber of Digital Commerce CEO Says Bitcoin Can Boost Dollar’s Dominance

Bitcoin as a Strength for US Dollar: Perianne Boring’s Vision for the Future Bitcoin & Dollar Can Coexist Harmoniously, Say Boring and Wendy O Perianne Boring on Bitcoin’s Role in Securing the US Dollar’s Future Perianne Boring, the founder and CEO of the Chamber of Digital Commerce, believes that Bitcoin can be integrated into the US financial system in a …

30 January

Texas Moves on Bitcoin Reserve While U.S. Government Stalls

Will Trump Stockpile Bitcoin? Here’s What the Odds Say Bitcoin as a U.S. Reserve? It’s Not Likely—Yet Trump’s Bitcoin Plan: Real Strategy or Political Hype? Despite discussions about the U.S. creating a strategic Bitcoin (BTC) reserve, prediction market Polymarket gives it only a 16% chance of happening within the first 100 days of Donald Trump’s administration. David Sacks, a key …

30 January

Crypto.com Drops USDT in Europe! MiCA Regulations Reshape the Market

End of an Era? Crypto.com to Delist USDT and 9 Tokens in Europe MiCA Crackdown: USDT Faces Delisting from Crypto.com by 2025 Crypto.com Complies with MiCA—USDT & 9 Other Tokens to Be Removed Tether in Trouble? Crypto.com to Delist USDT in Europe by March 2025 Crypto.com has announced that it will delist Tether’s USDT and nine other tokens in Europe …