Category: crypto

Bitcoin’s future is debated as industry experts predict its price for 2025 and beyond. Forecasts range from $120,000 to $1.5 million by 2030, with influential figures like Tim Draper and Anthony Scaramucci bullish on Bitcoin’s potential. However, caution is advised due to Bitcoin’s volatility and skepticism from some investors.

Compound Labs, the team behind DeFi protocol Compound Finance, is considering launching a foundation to improve operations and support long-term development. With $2.5 billion in total value locked, the platform is popular on Ethereum. The foundation would bring stability, legal clarity, and community alignment, similar to other DeFi ecosystems.

Senator Elizabeth Warren and Representative Maxine Waters have requested the SEC to preserve records related to World Liberty Financial, a DeFi venture backed by Trump’s family. Concerns about conflicts of interest and potential influence on SEC policy have been raised. The lawmakers also question SEC enforcement actions and transparency in the crypto industry.

US President Donald Trump announced reciprocal tariffs against all countries with a trade relationship with the US. This led to a spike in market volatility, with Bitcoin initially climbing to $88,500 before crashing back to $85,100. Other cryptocurrencies like Ethereum, Solana, BNB, XRP, and Dogecoin also saw decreases in value. Investors have been cautious due…

Ripple has integrated RLUSD into its cross-border payments platform, Ripple Payments, amidst a 118% monthly growth in market cap. RLUSD’s utility within Ripple’s global transaction infrastructure has expanded, coinciding with its listing on Kraken. This move aims to increase access for institutional and retail users, with plans to further integrate RLUSD with enterprise customers.

Fidelity Investments is launching zero-fee retirement plans that offer exposure to Bitcoin, Ethereum, and Litecoin. The plans are available to US citizens over 18 in states supported by Fidelity Digital Assets. Three IRA plans are offered, including a tax-free Roth IRA. Opening and maintaining the account is free, but a 1% spread applies to buy…

Bitcoin is currently trading in a midrange with limited selling pressure, despite a decrease in trading volume. The market is uncertain and lacks clear direction.

Grayscale has launched two new Bitcoin exchange-traded funds (ETFs) focused on income generation. The Grayscale Bitcoin Covered Call ETF (BTCC) aims to generate high-yield returns by writing call options close to Bitcoin’s spot price, while the Grayscale Bitcoin Premium Income ETF (BPI) blends income generation with growth potential through writing call options far from the…

Ye Zhang, co-founder of Ethereum layer-2 network Scroll, opposes imposing fees on layer-2 networks, arguing it goes against Ethereum’s long-term vision. He believes Ethereum’s strength lies in positioning ETH as the central asset across multiple Layer-2 ecosystems, rather than focusing on extracting fees. Zhang emphasizes the importance of scalability and improving data availability infrastructure for…

First Digital Trust (FDT) denied insolvency allegations made by Justin Sun, stating its stablecoin is fully backed with US Treasury bills. Sun’s social media post caused FDUSD to break its peg, raising questions about the stablecoin’s solvency and implications for Binance. FDT plans legal action and an AMA event to address the issue.