Author: Crypto Editor
The Senate Committee on Banking, Housing and City Affairs has scheduled a crypto listening to subsequent Wednesday to discover “bipartisan legislative frameworks” for the digital asset sector. The listening to’s witnesses will embrace Lewis Cohen, a crypto lawyer and associate at Cahill Gordon & Reindel LLP; Jonathan Jachym, Kraken’s deputy basic counsel and world head of coverage and authorities relations; and Jai Massari, Lightspark’s chief authorized officer. Senator Tim Scott (R-SC), the Banking Committee’s new chair, beforehand stated establishing a digital asset framework was considered one of his prime legislative priorities for the 119th Congress. “Crypto has the potential to…
The next is a visitor submit from Steven Pu, Co-founder of Taraxa.There’s no query about it, President Trump’s inauguration is a watershed second for American crypto innovators. In simply little over per week, we’ve seen a fast collection of crypto-friendly initiatives helmed by unambiguously pro-crypto management.These initiatives are in stark distinction to the irrational persecutory stance taken by regulators of the earlier administration. While hypothesis stirs round geoeconomic outcomes, a remodeled panorama will extra importantly liberate beforehand stifled US-based builders. America is again on monitor to reclaim management in crypto. Persecutory Regulators Drained US of Crypto Expertise Crypto is a fast-growing trade…
Caroline Bishop Feb 21, 2025 21:37 BitMEX is about to launch a brand new XBTJ25 futures contract, underlined and margined in Bitcoin, on February 25, 2025. The contract affords as much as 100x leverage and can expire on April 25, 2025. BitMEX has introduced the itemizing of a brand new XBT futures contract, XBTJ25, set to go stay on February 25, 2025, at 04:00 UTC. This contract, underlined and margined in Bitcoin, shall be accessible for buying and selling on the platform and is scheduled to run out on April 25, 2025, in response to BitMEX. Contract Particulars The XBTJ25…
After spending greater than two weeks buying and selling within the mid-$90,000 vary, Bitcoin (BTC) is beginning to climb towards the psychologically important $100,000 mark. The flagship cryptocurrency surged previous $99,000 following dovish remarks from Atlanta Federal Reserve Financial institution (Fed) President Raphael Bostic. Bostic’s Dovish Remarks Propel Bitcoin Past $99,000 Lately, Federal Reserve Chair Jerome Powell’s hawkish feedback dampened investor sentiment, successfully signaling that rate of interest cuts could not occur for the remainder of the 12 months because of persistent inflation and a resilient job market. Nevertheless, Bostic’s newest remarks distinction with Powell’s stance. The Atlanta Fed president…
A brand new layer-1 blockchain is ready to rival Ethereum and Solana. Right here’s how one can put together. After years of constructing and greater than $225 million raised, Monad formally unveiled its testnet on February 19. The high-performance Ethereum Digital Machine layer-1 community goals to rival the pace and scalability that Solana presents, whereas interacting with the huge Ethereum ecosystem and its purposes and protocols. It does so by utilizing parallel execution, in different phrases, executing transactions that don’t rely on one another on the similar time, boasting greater than 10,000 transactions per second within the course of. Earlier than the highly-anticipated debut…
Binance simply backed Enjin Coin’s (ENJ) community improve, scheduled for February 24, 2025, at block peak of 9,098,986.This transfer emphasizes Binance’s dedication to blockchain innovation. For crypto buyers, it is a clear sign to concentrate.ENJ’s improve goals to ship quicker transactions and higher scalability. Right here’s what it’s good to know to make sensible buying and selling selections.Why Enjin IssuesEnjin Coin powers a blockchain constructed for gaming and NFTs. Launched in 2017 on Ethereum, it launched the ERC-1155 token commonplace — a game-changer for digital belongings. Now, ENJ runs by itself blockchain, launched in 2023.The improve boosts it to over…
With crypto markets heating up in 2025, buyers are intently watching the subsequent main breakout tasks. Whereas Bitcoin and Ethereum proceed to dominate, a brand new wave of blockchain improvements is driving contemporary funding alternatives. Whether or not it’s privacy-focused cryptocurrencies, DeFi lending, gaming blockchains, or layer-2 options, there’s no scarcity of high-potential tasks among the many high 10 cryptocurrencies. One venture that’s making severe noise within the crypto world is Qubetics ($TICS). In contrast to conventional blockchain networks, Qubetics is revolutionizing sensible contract improvement with its QubeQode IDE, a no-code platform that simplifies blockchain deployment. This innovation is attracting…
The Swedish authorities is getting ready to provoke a radical evaluation of the Playing Act, following the current launch of the 2024 monetary report by Spelinspektionen, Sweden’s regulatory authority for playing. This evaluation has been a long-standing request from the Swedish On-line Playing Trade Affiliation (BOS), which has constantly advocated for modifications to make sure a good and safe playing surroundings for Swedish customers. Overview of Playing Efficiency in Sweden for 2024 In its report, Spelinspektionen revealed that licensed gaming corporations in Sweden achieved a complete turnover of SEK 27.8 billion (roughly $2.61 billion) in 2024. This determine marks…
Bitcoin (BTC) has been buying and selling beneath $100,000 since February 5, dealing with continued resistance regardless of makes an attempt at restoration. Current indicators recommend that sellers have gained management, with BTC’s Directional Motion Index (DMI) displaying elevated bearish strain. Nevertheless, the Ichimoku Cloud factors to a possible reversal if Bitcoin can break above key resistance zones. If bullish momentum returns, BTC might check the $97,756 resistance and presumably retake the $100,000 degree, with $102,668 as the subsequent goal. BTC DMI Exhibits that Sellers Gained Management Within the Final 24 Hours Bitcoin’s Directional Motion Index (DMI) reveals its Common…
The SEC has formally closed its investigation into OpenSea, deciding to not pursue authorized motion or classify NFTs as securities. This resolution brings reduction to the NFT market, marking the second case the regulator has dropped towards a crypto platform on the identical day. OpenSea’s CEO, Devin Finzer, hailed the end result as a victory for the NFT and Web3 business, arguing that mislabeling NFTs as securities would have stifled innovation. He emphasised that creators must be free to construct with out pointless regulatory hurdles. The probe initially gained traction after OpenSea acquired a Wells discover final August, signaling potential…