Category: crypto

Decentralized finance (DeFi) is revolutionizing the cryptocurrency space, offering innovative ways to trade and earn without intermediaries. Bitcoin Cash (BCH) has quietly evolved since 2017, becoming a strong contender in DeFi with its scalable network and low transaction costs. BCH Bull, a leading DeFi platform on BCH, offers unique incentives for traders.

Utah’s State Senate removed a provision for a state-backed Bitcoin reserve from the recently passed crypto bill. Despite this change, the bill establishes guidelines for crypto use in the state, affirming residents’ rights to self-custody digital assets, mine Bitcoin, and engage in crypto activities. Governor Spencer Cox’s signature is awaited for the bill to become…

The Thai SEC has approved the use of Tether and USD Coin in digital asset transactions. This decision allows the stablecoins to be used as trading pairs on exchanges and in ICO investments. Tether CEO Paolo Ardoino welcomed the move, emphasizing support for Thailand’s digital economy. Thailand has become one of the most crypto-friendly nations,…

Singapore Exchange Ltd. (SGX) is planning to launch Bitcoin perpetual futures in the second half of 2025, targeting institutional clients and professional investors. This move aims to bridge the gap between regulated financial markets and the crypto sector. SGX’s initiative reflects a trend of traditional financial institutions entering the crypto industry, supported by evolving regulatory…

Digital asset investment products saw outflows of $876 million for the fourth consecutive week, totaling $4.75 billion in the past month. The US led outflows with $922 million withdrawn, despite President Trump’s support for Bitcoin. Bitcoin faced heavy outflows, while Ethereum, Tron, and Aave also suffered losses. Altcoins saw mixed reactions, with Solana, XRP, and…

Coinbase is launching 24/7 perpetual futures trading for Bitcoin and Ethereum within the US through its regulated Coinbase Derivatives exchange. This move aligns US derivatives markets with global crypto trading norms and aims to provide long-term risk management strategies for traders. The launch will include various contract sizes and is in collaboration with the CFTC.

U.S. crypto firms heavily supported Trump’s reelection with $144 million in contributions, raising concerns about unchecked political spending. Coinbase and Ripple were top donors. All three exchanges faced SEC scrutiny. Ripple won a court battle, while Gemini resolved its case. Trump’s administration had conflicts of interest, raising ethical concerns. Regulatory backlash and industry instability are…

The stablecoin market has surpassed $225 billion in total market cap, with significant growth driven by factors such as global trade embracing stablecoins, infrastructure improvements, and regulatory clarity. Major players in the payment industry are increasingly adopting stablecoins, with projections indicating a market cap of $400 billion by 2025.

Kraken, a crypto exchange, is planning an IPO in early 2026 due to a more favorable regulatory environment under President Trump. The company aims to capitalize on improving conditions for crypto businesses and has reported strong financial performance in 2024. Other crypto firms are also considering going public.

El Salvador reaffirms commitment to Bitcoin despite IMF warnings. The country recently acquired 6 BTC for $500,000, bringing its total to 18 BTC worth $1.4 million. This purchase goes against IMF conditions for a $1.4 billion aid package. El Salvador plans to continue buying BTC despite market fluctuations.