Latest News

21 February

Canary’s Spot Litecoin ETF Hits DTCC List as SEC Decision Looms

In a major step toward potential approval, Canary’s Spot Litecoin ETF has been added to the Depository Trust & Clearing Corporation (DTCC) list, signaling growing anticipation for regulatory clearance from the U.S. Securities and Exchange Commission (SEC). The move suggests that market infrastructure is being prepared for the ETF’s possible launch, fueling speculation about broader institutional adoption of Litecoin (LTC). …

21 February

Litecoin Transactions Skyrocket to $9.6B Daily Amid U.S. ETF Buzz

Litecoin (LTC) is making headlines as daily transaction volumes surge to a staggering $9.6 billion, fueled by growing anticipation surrounding a potential U.S. ETF listing. On-chain data from Santiment reveals a sharp rise in LTC activity, sparking renewed interest from investors and traders alike. Litecoin’s Explosive Growth in Transactions Recent data highlights a remarkable increase in Litecoin’s transaction volume, marking …

20 February

Libra Meme Coin Wipeout: 86% of Traders Sell at a Loss, Losing $251M – Nansen

The hype around the Libra meme coin has turned into a financial nightmare for most investors, as new data from blockchain analytics firm Nansen reveals that over 86% of traders sold at a loss, resulting in $251 million in total realized losses. The staggering numbers highlight the risks of speculative meme coin trading, where rapid price swings often leave retail …

20 February

Montana Moves Forward: Bill to Approve Bitcoin as Reserve Asset Advances

Montana is taking a bold step toward Bitcoin adoption as the House Business and Labor Committee advances a bill that would allow the state to hold Bitcoin as a reserve asset. This move aligns with a growing trend of U.S. states exploring cryptocurrency-friendly policies to attract investment and embrace financial innovation. Bitcoin as a Reserve Asset: What the Bill Proposes …

20 February

Crypto Fights Back: Industry Rallies Against IRS DeFi Reporting Rule

The crypto industry is pushing back against the U.S. Internal Revenue Service’s (IRS) proposed DeFi broker reporting requirements, arguing that the new rules could stifle innovation, threaten user privacy, and impose unrealistic compliance burdens. As regulators seek to tighten oversight of decentralized finance (DeFi), industry leaders are mobilizing to challenge what they view as overreach. The IRS Proposal: A Game …

20 February

Stablecoins Set to Soar: S&P Predicts Surge with Clear Regulations

The stablecoin market could be on the brink of significant growth as global regulatory clarity improves, according to a recent report from S&P Global Ratings. The financial analytics giant suggests that well-defined regulations will drive broader adoption of stablecoins, enhancing their role in mainstream finance. Regulation: The Missing Piece in Stablecoin Expansion Stablecoins—cryptocurrencies pegged to traditional assets like the U.S. …

20 February

Bitcoin Faces Correction? Weak Demand & Liquidity Signal Trouble – CryptoQuant

Bitcoin’s recent price action suggests that a correction may be imminent, as on-chain data from CryptoQuant points to weak demand and declining liquidity. Despite the asset’s strong performance in previous months, indicators now show signs of market exhaustion, raising concerns among traders and investors. Key Warning Signs from CryptoQuant Declining Demand – On-chain data reveals a drop in buying pressure, …

20 February

Nigeria Hits Binance with $79.5B Lawsuit, Demands $2B in Back Taxes

Nigeria has escalated its crackdown on cryptocurrency exchanges, filing a $79.5 billion lawsuit against Binance for alleged economic damages and seeking an additional $2 billion in unpaid taxes. This marks one of the largest legal actions against a crypto exchange by a national government, underscoring the growing regulatory pressure on digital asset platforms operating in emerging markets. Why Is Nigeria …

20 February

Brazil Makes History: World’s First Spot XRP ETF Approved by Hashdex

Brazil has taken a groundbreaking step in crypto adoption, becoming the first country to approve a spot XRP exchange-traded fund (ETF). Managed by Hashdex, this ETF allows investors to gain direct exposure to XRP without needing to hold the asset themselves. The approval marks a major milestone for both XRP and the global crypto ETF market, as more institutional products …

20 February

Coinbase Boosts US Crypto Futures with CFTC-Approved Solana Contracts

In a major expansion of its derivatives offerings, Coinbase has introduced CFTC-regulated Solana (SOL) futures contracts, further strengthening its position in the US crypto futures market. This move marks another step toward increasing institutional and retail access to regulated crypto derivatives. Why Solana Futures? Solana (SOL) has emerged as one of the top blockchain networks, known for its high-speed transactions …