Author: Mohammed Ali

Article written by Mohammed Ali

Tether May Sell Bitcoin to Follow New US Stablecoin Rules, Says JPMorgan

February 14, 2025 1 min read

JPMorgan analysts suggest that Tether may need to sell Bitcoin and other assets to meet new US stablecoin regulations expected soon. Their report indicates that Tether might have to offload Bitcoin, precious metals, corporate paper, and secured loans that do not align with the proposed rules. Two bills are in progress: the STABLE Act in the House and the GENIUS Act in the Senate. These bills aim to regulate stablecoin

Tether CEO warns quantum computing could expose inactive Bitcoin wallets

February 10, 2025 2 mins read

Tether CEO Paolo Ardoino has reassured the crypto community that quantum computing is not an immediate threat to Bitcoin’s security. He acknowledged, however, that inactive Bitcoin wallets, including those belonging to Satoshi Nakamoto, could become vulnerable as quantum technology progresses. This statement comes after Google announced that commercial quantum computing applications might be available within five years. In a post on X, Ardoino emphasized that Bitcoin’s cryptographic security is currently

MicroStrategy hints at a new Bitcoin purchase

February 10, 2025 1 min read

Michael Saylor, co-founder of Strategy, recently hinted at a possible return to Bitcoin acquisitions after a brief pause. He shared a Bitcoin tracker on X, as Bitcoin’s price showed some fluctuations. Earlier today, it dipped below $96,000 but later rose above $96,500, according to CoinGecko. Strategy, previously known as MicroStrategy, currently owns 471,107 Bitcoin, valued at over $45 billion. The last time they bought Bitcoin was on January 26, when

Deribit exchange bans Russian users due to new EU sanctions

February 8, 2025 1 min read

Deribit, a cryptocurrency exchange based in Dubai and owned by a Dutch company, has announced a ban on Russian users due to new EU sanctions. Russian traders are a significant part of Deribit’s user base, being the second-largest group on the platform. However, other exchanges still dominate the Russian crypto market. This decision aligns with EU regulations but may have a more significant impact on Deribit than on Russia’s crypto

David Sacks outlines a crypto plan with a Bitcoin Reserve

February 6, 2025 2 mins read

David Sacks, the White House’s Crypto Czar, held a press conference with Senate leaders to discuss important topics like stablecoin legislation and a Bitcoin Reserve. He emphasized the need for clear regulations. Sacks argued that past uncertainties pushed crypto businesses abroad and led to significant fraud cases, such as FTX. Since his appointment by President Trump, Sacks’ role in federal crypto policy was unclear. However, he outlined his agenda, which

Bitcoin drops below $100K as Trump imposes Tariffs on Canada, Mexico, China

February 2, 2025 1 min read

Donald Trump has started imposing tariffs as he promised during his campaign. He has set a 25% tariff on most imports from Mexico and Canada, and a 10% tariff on goods from China. These tariffs took effect on Tuesday. In his Executive Order, Trump stated that the ongoing flow of illegal opioids and drugs is harming the nation. He believes it is putting lives at risk and straining healthcare and

Coinbase acquires Spindl

February 1, 2025 1 min read

Coinbase has acquired Spindl, an on-chain ads and attribution platform. The announcement was made on January 31. This acquisition is part of Coinbase’s strategy to attract the next billion users to the blockchain. With Spindl, Coinbase aims to enhance its on-chain advertising efforts. The platform will assist developers in creating applications that draw more users into the blockchain and web3 ecosystem. Spindl will address the “onchain discovery problem” that many

Vitalik Buterin warns against TRUMP and political meme coins

January 24, 2025 1 min read

Vitalik Buterin, co-founder of Ethereum, has raised concerns about political meme coins like TRUMP, highlighting their potential for scams and political corruption in the crypto space. In a recent social media post, he warned that these coins have evolved from mere entertainment to tools for political bribery and manipulation. Buterin noted that the rise of institutional acceptance in crypto has allowed malicious actors to exploit the system. He specifically criticized

Italian lawmaker urges banking foundations in Italy to invest in Bitcoin

January 20, 2025 1 min read

An Italian lawmaker, Marcello Coppo, advocates for banking foundations in Italy to invest in Bitcoin. He believes that such investments could enhance support for the cryptocurrency in the country. Despite this push, Coppo does not expect Italy to create a strategic Bitcoin reserve shortly, especially as the U.S. is making significant progress in this area. In a recent interview with Criptovaluta, Coppo suggested that banking foundations allocate a small percentage

Bitget teams up with Jambo to fund a telecom satellite launch

January 18, 2025 1 min read

Bitget, a leading cryptocurrency exchange, has partnered with Jambo to support a telecom satellite launch aimed at enhancing decentralized access in emerging markets. Jambo plans to raise $5 million through a token sale on Bitget’s LaunchX platform to expand its blockchain ecosystem and facilitate this project. This collaboration is expected to increase Bitget’s visibility while allowing Jambo to integrate its blockchain communication hardware. Jambo, launched in 2022 and referred to

Worldcoin surpasses 10 million human verifications

January 11, 2025 1 min read

World, formerly known as Worldcoin, is a blockchain-based human verification project that recently announced it has registered over 10 million users globally. Launched in 2023 and supported by OpenAI CEO Sam Altman, the project uses electronic orbs to scan people’s eyeballs for verification. Participants receive WLD tokens for their involvement. The project’s goal is to create a reliable system to distinguish between AI agents and humans as society increasingly relies

Bhutan to adopt Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as reserves

January 9, 2025 1 min read

The idea of digital asset strategic reserves is becoming popular. Vancouver’s Mayor has proposed making the city Bitcoin-friendly to protect reserves. Meanwhile, the Satoshi Action Fund plans to introduce up to 20 bills for Strategic Bitcoin Reserves across various US states. With the upcoming Trump election and expectations of a crypto bull run, many countries are starting to see the benefits of digital assets for reserve preservation. El Salvador was