BTC

Virtuals Protocol price rises to highs of $2.65

February 1, 2025 1 min read

The cryptocurrency market is always changing, and recently, the value of VIRTUAL, the token for Virtuals Protocol, has surged. This increase followed the announcement of its listing on Upbit, a major cryptocurrency exchange in South Korea. The token rose by 28%, reaching $2.65 during morning trading in Europe. This news has attracted many investors, showing the potential of this innovative project in the blockchain space. Market data reveals that VIRTUAL’s

Mantra (OM) surges by over 50%

January 31, 2025 1 min read

The real-world asset (RWA) tokenization platform MANTRA (OM) has seen a significant price increase of over 50% in the past week. On January 31, it reached an all-time high of $5.87. This surge is linked to a new partnership with DAMAC Group, a luxury real estate firm in Dubai. Currently, MANTRA is trading at $5.47, with a market cap of $5.27 billion, reflecting a 14.99% increase. The trading volume has

Texas Lt. Gov. Dan Patrick names a Bitcoin Reserve a top priority for 2025

January 31, 2025 1 min read

Texas Lieutenant Governor Dan Patrick has made Bitcoin Reserve a top priority for 2025. This is surprising since he previously criticized the state’s crypto mining industry. Alongside the Bitcoin Reserve, he is also focusing on initiatives like “Texas D.O.G.E.” and improvements to the electrical grid, which could help Bitcoin miners. Texas is leading the way in establishing state-level Bitcoin reserves. Currently, around 15 states are working on similar legislation. Despite

80,000 BTC option contracts worth around $8.36 billion is set to expire today

January 31, 2025 1 min read

Bitcoin’s market is gearing up for a significant options expiry today. This event is notable because it coincides with the end of the month. Around 80,000 Bitcoin (BTC) option contracts are set to expire, valued at approximately $8.36 billion. Despite the large figures, there is little cause for concern as the crypto derivative market usually has a minimal impact on the spot market. This week, there are more call options

Illinois and Indiana introduce bills to create a Strategic Bitcoin Reserve

January 31, 2025 1 min read

Illinois and Indiana are working on creating a Strategic Bitcoin Reserve. This initiative is part of a growing trend among states looking to explore Bitcoin as a financial asset. Illinois is focusing on establishing a Bitcoin reserve fund, while Indiana is looking into blockchain applications and Bitcoin investments through exchange-traded funds (ETFs). In Illinois, State Representative John M. Cabello has introduced House Bill 1844, known as the Strategic Bitcoin Reserve

Czech National Bank Governor Aleš Michl proposes investing billions in Bitcoin

January 30, 2025 1 min read

Czech National Bank Governor Aleš Michl is advocating for a groundbreaking investment in Bitcoin. He plans to propose that the bank invest billions of euros in Bitcoin as part of its public reserves. This move aims to diversify the Czech National Bank’s (CNB) reserves, which currently total 140 billion euros. If the proposal is approved, the CNB could allocate up to 5% of its reserves to Bitcoin. This would make

Bitwise files for a physically-backed Dogecoin ETF with the SEC

January 30, 2025 1 min read

Bitwise Asset Management has filed for a Dogecoin ETF with the US Securities and Exchange Commission (SEC). This application was submitted on January 28. It follows a previous attempt to register a Dogecoin ETF through a Delaware trust. This is the second Dogecoin ETF filing recently after Rex Shares applied for multiple meme coin ETFs, including Dogecoin, Bonk, and Donald Trump’s TRUMP token. Bloomberg analyst James Seyffart mentioned on X

Top Altcoins for Massive Return Potential: Unveiling the Best Crypto Presale to Join

January 24, 2025 4 mins read

The cryptocurrency market has always been dynamic, allowing investors to achieve substantial returns. Ethereum has long been a stalwart of innovation, driving decentralized applications and smart contracts. However, emerging projects like Qubetics are now capturing attention with groundbreaking innovations and record-breaking presale momentum. For those seeking top altcoins for massive return potential, Qubetics and Ethereum stand out as the leading candidates reshaping the future of blockchain technology. Ethereum: The Original

Crypto leaders celebrate regulatory shifts

January 23, 2025 2 mins read

The recent Crypto Inaugural Ball in Washington, D.C., marked a positive shift in the crypto industry’s sentiment. Industry leaders have faced challenges over the past four years due to unclear regulations and a lack of collaboration from the previous administration. With new pro-crypto appointments, such as David Sacks as the “crypto czar,” there is renewed optimism. The focus now is on establishing clear and lasting legislation to prevent crypto from

Virtune debuts Finland’s first crypto ETPs on Nasdaq Helsinki

January 23, 2025 2 mins read

Virtune, a Swedish-regulated crypto asset manager, has launched Finland’s first crypto exchange-traded products (ETPs) on Nasdaq Helsinki. This milestone allows Finnish investors to securely invest in cryptocurrency, denominated in euros, enhancing the region’s financial market. The introduction of crypto into Finland’s €20.5 billion ETP market is a significant development. The ETPs are fully collateralized and physically backed, with liquidity support from Flow Traders to ensure stable trading volumes and narrow

Utah introduces a bill allowing public fund investments in crypto

January 23, 2025 2 mins read

Utah has proposed a new bill, the Blockchain and Digital Innovation Amendments (H.B. 230), which could allow the state treasurer to invest public funds in digital assets such as cryptocurrencies, stablecoins, and NFTs. Introduced by State Representative Jordan Teuscher, the bill aims to create a clear framework for these investments while ensuring regulatory oversight and financial responsibility. The proposal allows for up to 10% of public funds to be invested

UAE firm CLS Global admits to wash trading on Uniswap

January 23, 2025 2 mins read

CLS Global, a financial services firm in the crypto industry, has confessed to fraudulent market manipulation through wash trading on Uniswap. The company used automated self-dealing to create fake trading volumes, misleading investors about market activity. Based in the United Arab Emirates, CLS Global will pay $428,059 in fines and asset seizures, plead guilty to market manipulation charges, and exit the U.S. crypto markets permanently. The U.S. Attorney’s Office in