Author: Emma Davis

Article written by Emma Davis

Bitwise files an S-1 registration with SEC for a spot Aptos

March 6, 2025 1 min read

Bitwise has filed an S-1 registration with the U.S. Securities and Exchange Commission for a new product called the Bitwise Aptos ETF. This filing was made on Wednesday. Just last week, Bitwise took the first step by submitting a registration in Delaware. Aptos is a cryptocurrency that could join other altcoin ETFs in the market. The U.S. government seems to be working to remove barriers to digital asset investment products.

Cardano (ADA) surges 60% after being included in Trump’s US Crypto Reserve

March 3, 2025 1 min read

Cardano (ADA) has seen a significant increase of 60% after the announcement of President Donald Trump’s US Crypto Reserve. This surge has pushed ADA above the $1 mark for the first time in over a month. Before this announcement, Cardano had been experiencing a downtrend for six weeks. The recent price movement has sparked optimism among investors. The MVRV Long/Short Difference indicator shows that long-term holders are making profits, indicating

President Trump proposes a US Crypto Reserve to strengthen the digital asset sector

March 3, 2025 1 min read

President Donald Trump announced that XRP, Solana (SOL), and Cardano (ADA) will be part of the US crypto reserve. This announcement followed his signing of an executive order to create a working group focused on digital assets. The group’s goal is to assess the potential for a national digital asset stockpile and to develop clear regulations for the crypto industry. Trump’s initiative responds to what he sees as attacks on

Tether (USDT) holds 98.5% of the market share on Tron Network

March 2, 2025 1 min read

A major player has emerged in the stablecoin market on the Tron network. The USDT stablecoin is now the main choice for value transfers and trading. A recent analysis by CryptoQuant shows that USDT makes up 98.5% of the stablecoin supply on Tron. This makes it the clear leader in the market. USDT has a circulating supply of $62.76 billion out of nearly $64 billion on the Tron network. Other

The US State of Montana rejects the idea of a Bitcoin Reserve bill.

February 24, 2025 1 min read

The crypto market has experienced a decline over the weekend. Bitcoin has fallen back to $95,000 after nearing $100,000 just days earlier. This drop has also affected altcoins, leading to minor price decreases. However, there has been a rise in trading activity following the weekend slump. Montana’s House Representatives voted against a Bitcoin Reserve Bill in the United States. This bill aimed to include Bitcoin, digital assets, and stablecoins as

Bybit sees a $4B liquidity influx and processes 350,000+ withdrawal requests

February 23, 2025 1 min read

Bybit experienced a significant event after a hack that resulted in the theft of $1.5 billion in crypto assets. In just 12 hours following the hack, Bybit saw an influx of $4 billion. This included 63,168 ETH, $3.15 billion in USDT, $173 million in USDC, and $525 million in CUSD. The exchange faced a historic surge in withdrawal requests. Many users were concerned about the possibility of insolvency due to

The SEC delays key crypto lawsuits

February 21, 2025 2 mins read

The SEC is delaying major lawsuits related to cryptocurrency, possibly to buy time before dismissing them. This tactic was evident in the Coinbase case, where the SEC asked for a deadline extension. However, it has not yet formally dropped its most notable cases. Under Gary Gensler’s leadership, the SEC took legal action against several crypto firms, including Ripple and Kraken. Now, with changes in leadership, the SEC seems less aggressive.

A crypto user burns $1.65M in ETH, donates $5.35M

February 19, 2025 1 min read

Hu Lezhi, a crypto user, has gained attention for burning $1.65 million in Ethereum and donating $5.35 million. His actions involved unsettling messages about mind control and suicidal thoughts, causing worry in the crypto community. A meme coin has been created to capitalize on the event’s fame. An anonymous Ethereum user, Hu Lezhi, burned 500 ETH, worth around $1.65 million. He accused his employer, Kuande Investment, of using brain-computer technology

Argentina President Denies Promoting LIBRA

February 19, 2025 2 mins read

President Javier Milei recently addressed the controversy surrounding LIBRA, a meme coin project. In an interview, he denied promoting LIBRA, stating he only shared information about it to help Argentine entrepreneurs. He described the situation as a harsh lesson and plans to tighten access to him in the future. Milei claimed that most investors affected by the LIBRA incident were experienced traders from the U.S. and China, not Argentinians. He

As a shareholder, “Binance is not for sale,” CZ

February 18, 2025 1 min read

The former CEO of Binance, now leading YZi Labs, addressed rumors about the exchange being for sale. He attributed these rumors to fear, uncertainty, and doubt (FUD) from a competitor in Asia. On February 17, he stated on X that as a shareholder, Binance is not for sale. Yi He, Binance’s co-founder, echoed these sentiments. She dismissed the claims as originating from a rival. Yi mentioned that Binance regularly receives

U.S. states invest in Strategy stock to gain indirect exposure to Bitcoin

February 18, 2025 1 min read

Several U.S. states, such as California, Florida, Wisconsin, and North Carolina, are investing in Strategy stock, previously known as MicroStrategy. This investment allows them to gain indirect exposure to Bitcoin. Strategy’s aggressive approach to acquiring Bitcoin has boosted its stock performance. State pension funds view this as a way to benefit from Bitcoin’s long-term potential without directly buying the cryptocurrency. California is leading these investments. The State Teachers Retirement System

Strategy’s STRK becomes the top-performing US-listed perpetual security

February 17, 2025 1 min read

Strategy’s STRK has emerged as the leading US-listed perpetual security since its launch in 2022. It made a strong debut, quickly outperforming similar securities in both price and liquidity. STRK initially surged to $100 but later stabilized around $48. Its trading volume is seven times higher than the average for comparable securities. On February 15, MicroStrategy founder Michael Saylor praised STRK’s rapid growth and high demand. He pointed out that