Crypto News

The SEC and Tron’s Justin Sun moves toward a settlement in their civil fraud case

March 1, 2025 2 mins read

The SEC and Justin Sun, founder of Tron, are working towards settling a civil fraud lawsuit against him. Both parties have requested a stay order to pause the legal proceedings. This lawsuit involves allegations of unregistered sales of TRX and BTT, market manipulation, and undisclosed celebrity endorsements. The SEC has recently been resolving several crypto-related lawsuits, indicating a possible shift in its enforcement strategy. In a recent court filing, the

Volatility Shares launches the first Solana futures ETFs

March 1, 2025 2 mins read

Volatility Shares has introduced the first Solana futures ETFs, a major advancement in cryptocurrency investments. The two ETFs, named Volatility Shares 2x Solana ETF (SOLT) and Solana ETF (SOLZ), are now listed on the Depository Trust & Clearing Corporation (DTCC). This listing allows for efficient clearing and settlement, enhancing security in trading. Earlier this month, Coinbase launched CFTC-regulated Solana futures contracts. This was crucial as it addressed the absence of

Bittensor Price Soars, Filecoin Rally Loading; Analysts Predict BDAG Will Reach $20 by 2027—10 CEX Listings On the Way!

February 27, 2025 5 mins read

The hunt for the top crypto to buy in 2025 just got a lot more exciting as Bittensor’s price soars, Filecoin’s bullish rally approaches, and BlockDAG’s 10 upcoming CEX listings brew a massive surge in coin value. Bittensor (TAO) is on fire, jumping over 33% this week, driven by some strong bullish signs. Filecoin (FIL) has also made a steady climb, up 2.57% in the last week, and looks like

KAITO surges by over 48%

February 27, 2025 1 min read

Crypto assets are struggling, with Bitcoin (BTC) failing to reach $90K. In contrast, KAITO is thriving, increasing by over 48.31%. This surge allowed KAITO to achieve a new all-time high at $2.92, breaking past key resistance levels of $2.53 and $2.79. Earlier, it traded as low as $1.91. Currently, KAITO is priced at $2.84, with a market cap of $699 million. Its daily trading volume has risen to $2.12 billion,

Bitcoin drops to lows of $82K, dipping to levels seen in November 2024

February 27, 2025 1 min read

Bitcoin’s price fell over 6% in just 24 hours, dropping below $84,000 on Wednesday. This decline marks its lowest level since November 2024, when Bitcoin had surged due to election-related excitement. The market is currently bearish, according to trader IncomeSharks. The drop in Bitcoin’s value is linked to rising trade war tensions. President Donald Trump announced new tariffs: 25% on Canada and Mexico, 10% on China, and an additional 25%

Peanut the Squirrel (PNUT) increases by 22% over the past 24

February 27, 2025 1 min read

The crypto market is bouncing back after a recent decline. The total market cap has risen to $2.95 trillion. However, the 24-hour trading volume has dropped by 22% to $144 billion. Despite this, many altcoins are gaining strength. The memecoin sector has also seen a significant recovery, with its market cap increasing by 6% to $58.20 billion. One standout performer is Peanut the Squirrel (PNUT), a memecoin based on Solana.

South Korean regulators impose a three-month partial suspension on Upbit

February 27, 2025 1 min read

South Korean regulators have suspended Upbit, a major crypto exchange, for three months. This action is because of compliance issues, like unregistered transactions and customer verification problems. The suspension runs from March 7 to June 6, 2025. New users can’t transfer virtual assets right now. Existing users can keep trading freely. Regulators discovered Upbit’s links to unregistered virtual asset companies. They did not meet AML and KYC standards. Upbit is

Circle CEO calls for mandatory US registration of stablecoin issuers

February 26, 2025 2 mins read

Circle CEO Jeremy Allaire is advocating for mandatory registration for all stablecoin issuers in the US. He believes this will enhance consumer protection and financial stability. His stance comes as US regulators seek clearer rules for digital currencies. Tether, the largest stablecoin issuer, faces scrutiny as regulatory discussions intensify. The company’s Bitcoin holdings and business model may struggle under stricter regulations. US financial authorities, including the Federal Reserve and the

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

Bitcoin Reserve bills face setbacks as Republican divisions grow

February 26, 2025 1 min read

Bitcoin Reserve bills are facing major obstacles. Several Republican-led states are turning down these proposals, despite some early backing. The split among GOP members has cast doubt on the future of these bills. Recently, about 30 states have attempted to pass laws to add Bitcoin to their state reserves. Use Bitcoin to protect against inflation. Experts say that if these bills pass, it could result in billions in Bitcoin purchases,

The crypto community is divided as experts debate an Ethereum rollback after Bybit’s $1.4B hack

February 25, 2025 1 min read

The crypto community is divided over the idea of rolling back Ethereum’s blockchain after Bybit’s $1.4 billion hack. Some experts, like Arthur Hayes and Samson Mow, support the rollback. They argue that Ethereum set a precedent in 2016 by rolling back the DAO hack. They believe a similar action should be taken now to prevent the stolen funds from being misused. A blockchain rollback would reverse confirmed transactions and restore

Kanye West denies ties to YZY tokens and plans to launch his own crypto next week

February 24, 2025 1 min read

Kanye West, now called Ye, has denied any links to YZY tokens in the market. He claims he will launch his own cryptocurrency next week. This announcement is surprising since he previously dismissed digital assets. His statement has led to speculation about his true involvement in crypto. On February 22, Ye posted on X, stating that all current tokens using his name are unauthorized. He declared, “All current coins are