WTI extends its recovery to a two-week high near $72.95 in Wednesday’s early Asian session. The rising Middle East geopolitical tensions boost the WTI price. US crude oil stockpiles climbed by 9.043 million barrels last week, according to the API. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.95 during the early Asian … Read more
New legislation in the House and Senate seeks to regulate stablecoins, enforcing strict reserve requirements, banning tech giants from issuing them, and cracking down on offshore loopholes. New Bills in House and Senate Seek to Establish US Stablecoin Regulations The U.S. House Committee on Financial Services Democrats announced on Feb. 10 the introduction of a … Read more
On February 12th, COINOTAG News reported that the U.S. Securities and Exchange Commission (SEC) has confirmed several filings for spot Solana ETFs, signaling a significant advancement in the altcoin investment landscape. The Cboe BZX trading platform is set to initiate a proposed rule change, allowing for the listing and trading of these innovative financial instruments. … Read more
Federal Reserve Chair Jerome Powell has made it clear that the United States will not introduce a Central Bank Digital Currency (CBDC) during his tenure. This stance marks a notable shift from earlier considerations where the Federal Reserve had been exploring the potential of a digital dollar. No CBDC For The United States, Powell Confirms … Read more
Ukraine is set to fully legalize cryptocurrency by mid-2025, according to Danilo Getmantsev, Chairman of the Committee on Finance, Tax, and Customs Policy. Legislation for Crypto Regulations Near Approval in Ukraine Ukraine is preparing to officially legalize cryptocurrency by the summer of 2025, marking a major step toward integrating digital assets into its financial system. … Read more
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were … Read more
Africa is embracing blockchain innovation, with projects like IOTA, Stellar, Hedera, and Algorand driving crypto adoption, digital payments, and financial inclusion. These innovations are expected to create a ripple effect, encouraging crypto-resistant nations to reconsider their stance and adopt crypto-friendly policies. Africa is quickly emerging as a leader in adopting Enterprise Distributed Ledger Technology (DLT), … Read more
Blockchain security firm SlowMist has identified a critical vulnerability in Four.Meme, a meme coin launchpad on Binance Smart Chain (BSC), where attackers could manipulate PancakeSwap v3 pools to exploit token launches. The vulnerability stemmed from the fact that Four.Meme does not implement price verification checks which allowed malicious users to create pools with deliberately skewed … Read more
Franklin Templeton has registered a “Franklin Solana Trust” in Delaware, indicating it may soon file for a spot Solana ETF alongside a host of other bidding issuers.
Ricardo Salinas, one of the wealthiest men in Mexico, has criticized Europe’s stance on cryptocurrency, comparing it to a museum and a zoo. In a recent interview on Lunaticoin’s podcast, Salinas stated that Europe was a museum because nothing happened there and there was no investment. Salinas also compared it to a zoo that kept … Read more