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The M2 money supply has hit a new high of $21.5 trillion. This places positive sentiment around Bitcoin and other risk assets. The US Federal Reserve may return to monetary tightening if M2 money supply does not ease up. The US economy has witnessed another major financial shift, as showcased by the M2 Money Supply….
Trump’s social media post triggered a brief surge in the FAFO Barron token, which later lost 91% of its value. The FAFO Barron token’s market cap dropped to $10,000, raising concerns about potential rug-pull schemes on Pump.fun. Hackers used Visa’s Facebook account to promote a fraudulent Solana token, $VISA, which quickly collapsed after exposure. A…
Cybercriminals continue their assault on the crypto industry, with Phemex now in the crosshairs. The attack involved multiple blockchain networks, highlighting vulnerabilities across the entire ecosystem. Crypto hacks have surged 21% from last year, according to blockchain analysis firm Chainalysis with North Korean hacking groups responsible for $1.3 billion of the stolen funds. Cybercriminals have…
LINE has launched its first batch of Mini Dapps (32 in total) to bring blockchain gaming and services to its 200M global users. The firm plans to release 1,000 Dapps by year-end. LINE, one of Asia’s biggest messaging apps, may have taken it upon itself to champion the adoption of Web3 in the region. This…
SUI’s price has dropped to $3.57, falling below the $4 mark for the first time in over a month. The token’s market cap currently stands at $10.72 billion, reflecting a 15% decline in the last day. The oversold indicators suggest that SUI may be undervalued and poised for a potential rebound. SUI , the Layer-1…
The settlement includes substantial financial penalties with executives agreeing to individual forfeitures, highlighting increased scrutiny of offshore exchanges. The pattern of regulatory challenges spans multiple jurisdictions, including previous restrictions in New York, Canada, and temporary limitations in India. The timing coincides with broader crypto enforcement actions, though potential policy shifts loom under the new Trump…
The Bitcoin bill was referred to the Rules Committee on January 29 and is awaiting full approval. This move follows Utah’s Bitcoin reserve plans and aligns with growing interest among US states to build their own BTC reserves. The push for Bitcoin reserves in the US comes amid broader national and global shifts in crypto…
The strategic expansion brings first-ever daily expiring crypto options to CME, demonstrating growing institutional demand for sophisticated derivatives tools. International market impact proven with 44% of existing Bitcoin Friday futures traded outside US hours, showing strong global adoption. New options complement CME’s crypto suite while providing granular exposure management through smaller contracts and flexible expiry…
Kraken has resumed its staking services for US customers after nearly two years of regulatory restrictions. The relaunch follows a political shift that saw crypto policies loosen under the new administration. Kraken’s new staking program is now available in 39 states and supports 17 cryptocurrencies. After nearly two years of regulatory hurdles, Kraken, a leading…
Bitwise has filed for a Dogecoin ETF in Delaware, marking a big step in meme coin adoption. Dogecoin remains steady at $0.3535, showing a slight 3% dip in the past 24 hours. Analysts predict a bullish breakout for Dogecoin, with some forecasting a long-term price target of $15. San Francisco-based crypto asset manager Bitwise Asset…