Trump Makes U-Turn on Crypto
The US president has declared that the country will become the global leader in cryptocurrency. This marks a significant shift from his previous stance, where he criticized the value of digital assets. During the 2024 presidential campaign, he advocated for the US to embrace cryptocurrency to prevent China from dominating
Bitcoin’s Price Dips After Crypto Summit
Major cryptocurrency investors expressed disappointment after a recent summit. The event, organized to emphasize the administration’s support for the industry, also signaled a shift from prior regulatory approaches. The summit was followed by a decline in Bitcoin’s price, and some investors have been left unsatisfied. The price drop was linked
Trump Creates Bitcoin Reserve
The President has authorized the creation of a strategic bitcoin reserve and a separate US stockpile of other digital assets. This action fulfills a campaign promise made to the cryptocurrency industry. The bitcoin reserve will be funded with bitcoin already owned by the federal government, acquired through criminal and civil
SONIC Cryptocurrency Surge Driven by AI Buzz
The cryptocurrency Sonic ($SONIC) experienced significant market activity on February 28, 2025. The price of $SONIC increased by 12%, reaching $0.45 at 10:00 AM UTC. Trading volume surged within the first hour, reaching 15 million tokens, a considerable increase from the average daily volume of 5 million tokens the prior
Argentine President Faces Impeachment Threat
Argentine President Javier Milei may be subject to impeachment proceedings, according to opposition members of Congress. The potential trial follows the President’s promotion of a cryptocurrency that subsequently experienced a significant decline in value. Following the President’s recommendation on social media, the cryptocurrency’s value initially surged, only to sharply decrease
Blockchain Gaming Grows 386% in One Year
Blockchain-based gaming has experienced substantial growth in the last year. The number of unique active wallets interacting with Web3 games has increased by 386% since January 2024. Currently, over 7 million unique active wallets engage with blockchain-based games daily. This surge is part of a broader trend within the blockchain
Unleashing 10,000X Growth: Cryptocurrency Markets on the Rise
Crypto Market Reacts to Social Media Influencer’s Tweet On February 6, 2025, a notable figure in the crypto community tweeted about a potential ‘easy 10000X’ opportunity, leading to immediate market reactions across various cryptocurrencies. The tweet coincided with a sharp increase in trading volume for several AI-related tokens. Trading volume
Justin Sun Questions Credibility of Cryptocurrency Industry Reports
A High-Profile Tweet Sparks Market Reaction in Cryptocurrency On February 4, 2025, a tweet from Justin Sun, the founder of TRON, sparked significant interest and speculation within the cryptocurrency community. The tweet led to immediate reactions across multiple trading platforms, resulting in a 5.2% increase in the price of TRON
Trump Xi Call Sparks Cryptocurrency Market Volatility
Geopolitical Announcement Sparks Market Optimism A significant announcement made by a White House spokesperson on February 4, 2025, has triggered immediate reactions across financial markets, particularly in the cryptocurrency sector. The news of a call between President Trump and China’s President Xi has led to a sharp increase in Bitcoin
Cryptocurrency Restrictions Remain in 10 Countries Worldwide
Countries Impose Strict Regulations or Bans on Cryptocurrency Several nations continue to restrict or prohibit cryptocurrency use, citing concerns over financial stability, fraud prevention, and money laundering. Here are ten countries where cryptocurrency remains restricted or prohibited in 2025. China has maintained strict cryptocurrency restrictions since 2017, initially banning exchanges
Bitcoin Tax Cases
Two recent criminal tax cases, one involving cryptocurrency and the other not as much, show how digital assets are becoming part of the normal legal process for criminal tax enforcement. The United States Department of Justice announced in April 2024 that Roger Keith Ver was indicted on fraud and tax-related
Blockchain Security for Bitcoin Layer 2 Solutions
Carlsbad, CA January 21, 2025 A strategic partnership has been formed between True I/O, a leading blockchain security firm, and OroBit, a platform utilizing Bitcoin Layer 2 technology to enable tokenized private market access. The partnership is aimed at transforming blockchain-powered financial and asset management solutions. The collaboration combines True
Solana Hits Record High as Trump Memecoin Surges to $8B
Solana reaches $275 as Trump memecoin sparks market surge, driving speculative interest and solidifying its position in crypto.
Cryptocurrency scams crippling US household finances
More and more Americans are losing thousands of dollars to a scheme that takes fraudsters weeks or months to pull off. The strategy, known as “pig butchering,” has amassed billions in stolen funds—particularly in the form of cryptocurrencies. Losses from investment scams soared 38% to a new record high in
Kaspersky Uncovers Global Fraud Targeting Crypto and AI Users
Kaspersky uncovers a global fraud campaign exploiting crypto, AI, and gaming trends to steal cryptocurrency and sensitive data.
Goldman Sachs and Morgan Stanley Invest $600M in Bitcoin ETFs
Goldman Sachs and Morgan Stanley invested over $600M in bitcoin ETFs in Q2 2024, marking a significant move into digital assets.
Market Turmoil: Bitcoin Crashes 28% as Institutional Investors Scoop Up Coins
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors. The sell-off in bitcoin and ether began earlier this week and