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The Musk It token was already launched in December 2024 by a Middle Eastern crypto firm, but has shed over 50% of its value.

The Arkansas Senate has taken a significant step back from imposing restrictions on crypto mining near military facilities, prioritizing economic opportunities over security concerns. The defeat of Senate Bill 60 allows existing crypto mining operations to continue without restrictions, reflecting a growing acceptance of the blockchain industry in the state. “This act is immediately necessary … Read more

On January 31, COINOTAG News reported that the Ethereum client developers have launched version 1.14.13 of Geth, under the codename “Schwarzschild”. This critical update is designed to mitigate a vulnerability within the Geth peer-to-peer (p2p) layer. Such vulnerabilities pose significant risks, as they can facilitate denial-of-service attacks against nodes utilizing this particular version. Moreover, this … Read more

Bitwise Asset Management’s exchange-traded product tracking Bitcoin and Ethereum has received the initial nod from the United States Securities and Exchange Commission. According to a Jan. 30 update from the commission, the Bitwise Bitcoin and Ethereum ETF cleared its first regulatory hurdle after its 19b-4 filing was granted “accelerated approval.” It now awaits the regulator’s … Read more

XRP is showing a promising structure in the short term, with the price responding well to key support levels. After a period of consolidation, the chart hints at a solid bullish setup that has been building in recent days and weeks. The market’s reaction to these support zones suggests the potential for a positive price … Read more

Ripple confirmed a strategic partnership with Ondo Finance, a real-world asset tokenization firm, to launch Ondo’s tokenized U.S. Treasury product, OUSG, on XRPL. Ripple CEO Brad Garlinghouse has made waves in the crypto community by advocating for a diversified U.S. digital asset reserve rather than one centered solely on Bitcoin. His stance has drawn support … Read more

On January 31st, Chainlink unveiled its latest innovation, the Chainlink DeFi Yield Index (CDY Index), designed to streamline the analysis of decentralized finance (DeFi) lending rates. This new product employs the Chainlink framework to systematically aggregate yield rates across various platforms within the DeFi ecosystem. By harnessing cutting-edge blockchain indexer and database technology from Space … Read more

On January 31st, COINOTAG News reported significant movements from a prominent Ethereum whale, identified by the handle @ai_9684xtpa. This individual has demonstrated an impressive 85% success rate in swing trading strategies. Notably, the whale has liquidated all ETH leveraged short positions and transitioned to a long position, signaling potential optimism in the market. Concurrently, this … Read more

The social media star is said to have promoted an animal-themed Solana memecoin that went bust soon after it was launched. Mario Nawfal Allegedly Promoted Questionable CHILLA Memecoin When the owner of a social media platform, who also happens to be the world’s richest man, endorses someone, others pay attention. This is partly how 30-year-old … Read more

Crypto fund behemoth Grayscale Investments has filed an application with the Securities and Exchange Commission (SEC) to convert its XRP Trust into an exchange-traded fund (ETF), which will listed on the New York Stock Exchange (NYSE). The existing product operates as a Delaware statutory trust, managing over $16 million XRP as of Friday. The proposed … Read more