Legal expert Edoardo Farina warns that rising XRP prices are making it increasingly difficult for smaller investors to maintain their positions. It now takes 2,500 XRP (or about $6,500) to be in the top 10% of holders, compared to 3,000 XRP costing roughly $1,500 a few months ago. Farina predicts that up to 95% of … Read more
Crypto.news spoke with Pantera Capital’s general partner, Cosmo Jiang, about artificial intelligence, the rise of deepfakes, and how AI can work alongside blockchain. As the global AI market is expected to grow to about $3.6 trillion by 2034, crypto.news sat down with Pantera Capital, a California-based crypto venture pioneer, to dive into the topic. In … Read more
Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin stash.
The recent fluctuations in XRP have sparked questions about the potential for renewed retail interest amidst significant whale activity. While whales have shown substantial buying power, the broader retail market remains hesitant, casting doubt on a swift recovery. According to recent data from COINOTAG, “whale purchases in the current dip suggest a strategic re-entry into … Read more
Robinhood plans to launch crypto trading services in Singapore by late 2025, through its Bitstamp acquisition, marking a strategic expansion into Asia’s digital asset hub. The move aligns with Singapore’s crypto-friendly regulations and Robinhood’s broader global growth strategy. Singapore Primed as Next Crypto Hub for Robinhood Robinhood is preparing to enter the Singapore crypto market … Read more
The U.S. Securities and Exchange Commission (SEC) has recently acknowledged a pivotal spot XRP ETF filing, signaling a notable shift in the regulatory landscape for cryptocurrencies. This acknowledgment comes amidst a surge of spot crypto ETF filings in 2024, fueled by a more crypto-friendly administration that appears poised to embrace digital assets. According to recent … Read more
On February 19th, COINOTAG News reported that the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has initiated legal action against four individuals linked to a substantial **fraudulent investment scheme**. This alleged operation swindled approximately **963 million Norwegian Krone**, or around **$86.5 million**, from unsuspecting investors between 2015 and 2018. … Read more
As anticipation builds for Pi Network’s Open Network launch on February 20, the PI IOU price remains volatile amid significant market indicators. New analytical trends suggest that while buyers hold an edge, overarching bearish pressures are increasing. According to a recent analysis from COINOTAG, “Market conditions remain tense, and traders should brace for potential volatility … Read more
Stablecoin use in emerging markets soars despite the absence of crypto-friendly regulations and basic banking infrastructure. Will the US catch up to this trend?
Nigeria’s Securities and Exchange Commission (SEC) is working on a plan to tax crypto transactions as part of a broader effort to increase government revenue, Bloomberg reported on Feb. 18. According to the report, the regulatory body intends to bring eligible crypto transactions on licensed exchanges under the country’s tax framework. Meanwhile, a bill outlining the … Read more