Author: Mahamat Ashraf

Article written by Mahamat Ashraf

Arthur Hayes predicts Bitcoin will rise to $110,000 before retracing to $76,500

March 24, 2025 1 min read

Arthur Hayes, co-founder of BitMEX, predicts that Bitcoin’s price will rise significantly. He believes it will surpass $110,000 before dropping to $76,500. This prediction comes as the Federal Reserve shifts from tightening to easing its monetary policy. Hayes thinks this change will add liquidity to the market, boosting Bitcoin’s value. He is not worried about tariffs affecting Bitcoin’s price and considers inflation to be temporary. Markus Thielen, founder of 10X

Governments worldwide tighten regulations on Bitcoin ATMs

March 19, 2025 1 min read

Governments around the world are paying more attention to Bitcoin ATMs due to concerns about their involvement in illegal activities. Countries like New Zealand, Australia, the UK, and the US have raised alarms about these machines being used for scams, money laundering, and other financial crimes. Although no complete bans have been put in place, there is increasing regulatory pressure that may lead to stricter rules in the future. In

Former Binance CEO shares his thoughts on the emerging concept of tokenizing

March 9, 2025 1 min read

Changpeng Zhao, the former CEO of Binance, recently discussed a new idea about tokenizing the time of social media influencers. He hinted that YZi Labs might invest in a project that uses Binance Smart Chain (BSC) and Binance Coin (BNB) for payments. In a post on Binance Square, CZ brought back the concept of “time tokens.” These tokens would let influencers charge users for their time and interactions. Although earlier

Wirex expands into the US, enabling stablecoin payments via

March 6, 2025 1 min read

Wirex, a popular stablecoin payment app, has recently entered the US market. This allows American users to make payments using stablecoins through Visa. With a partnership with Bridge, users can pay directly from their non-custodial wallets. They can use cards and bank transfers without losing control of their assets. This expansion meets the rising demand for stablecoin payments as more people want to use digital assets in their daily lives.

The SEC agrees to dismiss its lawsuit against Kraken without penalties

March 4, 2025 1 min read

Kraken announced on Monday that the US SEC has agreed to dismiss its lawsuit against the crypto exchange. This dismissal is with prejudice, meaning the case is permanently closed. There are no penalties, no required changes to Kraken’s business, and no admission of wrongdoing. The SEC filed the lawsuit in November 2023. They claimed that Kraken exchange had been operating as an unregistered securities exchange for years. The SEC also

US Congressman introduces Act to ban meme coins

March 2, 2025 2 mins read

Congressman Sam Liccardo has introduced the MEME Act. This bill aims to curb the rise of political meme coins, like the TRUMP token. It seeks to penalize those who create or endorse such coins. Although the bill may not pass, it highlights concerns about fraud in the crypto space, especially involving political figures. The TRUMP token’s launch caused controversy. Many investors were new to crypto, making them easy targets for

Citadel Securities plans to enter crypto as a major liquidity provider

February 26, 2025 1 min read

Citadel Securities wants to join the crypto market. The firm aims to be a top liquidity provider by teaming up with leading exchanges. Citadel is making this move to benefit from the current regulatory situation. Not everyone in the crypto community is pleased with this change. Citadel is a famous market maker with many assets. It has been tracking crypto trends for years. Citadel has invested in ETFs and is

Vitalik Buterin supports Argentina’s crypto community after the LIBRA scandal

February 21, 2025 1 min read

Vitalik Buterin strongly supports Argentina’s crypto community. He proposed that Argentina host Devconnect following the LIBRA scandal. President Javier Milei welcomed the idea, saying it was an honor for the country. Buterin’s stance on the LIBRA controversy remains unclear. Buterin praised Argentina’s crypto growth. He thinks it demonstrates how digital assets can offer true economic freedom. He is still hopeful about the country’s progress in blockchain and crypto, despite the

Over $2.5 billion worth of Solana tokens to be unlocked in March

February 20, 2025 1 min read

The crypto market has shown a slight recovery. The overall market cap increased by 0.30% to $3.18 trillion. The 24-hour trading volume rose by 6% to $102 billion. However, the market sentiment remains fearful, with the fear index dropping to 37. Solana (SOL) has been facing challenges recently. Its price fell from an all-time high of $295 to around $160. After a market correction in late January, SOL dropped below

The SEC reviews Grayscale’s applications for XRP and Dogecoin ETFs

February 14, 2025 1 min read

The US SEC has recognized proposed rule changes that would allow NYSE Arca to list and trade shares of the Grayscale XRP Trust and Grayscale Dogecoin Trust. This is an important step, especially for the Grayscale XRP Trust, as Ripple and the SEC are still in a legal battle over XRP’s classification. Bloomberg ETF analyst James Seyffart noted that a 45-day review period will start once the proposal is published

Ethereum Foundation moves 50,000 ETH

February 9, 2025 1 min read

Ethereum (ETH) is currently priced at $2,666.49, showing a slight increase of 1.91% over the last day. Its market capitalization has reached $321.4 billion, also up by 1.92%. However, the trading volume has significantly dropped by 48.83%, now at $15.15 billion, indicating less trading activity. Recently, the Ethereum Foundation moved 50,000 ETH, valued at $131.66 million, to a multi-signature wallet for DeFi (Decentralized Finance) activities. This action aligns with community

Dutch court releases the founder of Tornado Cash from prison

February 8, 2025 2 mins read

On February 7, 2025, Alexey Pertsev, the founder of Tornado Cash, was released from prison after several months. A Dutch court decided to end his pretrial detention, but he will remain under house arrest and monitored electronically. His case has drawn attention from those concerned about privacy and cryptocurrency, marking a significant moment in his legal battle. Pertsev had been detained since 2022 due to allegations of money laundering linked