Swiss State-Owned PostFinance AG Launches Ethereum Staking

In a remarkable development, Switzerland state-owned bank, PostFinance AG, has officially launched Ethereum staking. Notably, the bank has introduced staking as a key part of its cryptocurrency expansion, according to a latest Bloomberg report. Since the start of the new year, there has been a surge in pro-cryptocurrency moves, with major financial institutions getting involved. … Read more

Kraken’s Top Lawyer Marco Santori Steps Down, Calls Regulators ‘Lovely People’

Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on … Read more

What Bitcoin Price History Predicts for February 2025

As the Bitcoin market steps into 2025, investors are keenly analyzing seasonal trends and historical data to predict what February might hold. With Bitcoin’s cyclical nature often tied to its halving events, historical insights provide a valuable roadmap for navigating future performance. By examining historical data—including Bitcoin’s average monthly returns and its post-halving February performance—we … Read more

CoinW’s Crypto Industry Insights and Market Trends for 2024

Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the United States. It was … Read more

South Korea Flags Upbit for Unreported Foreign Crypto Deals

Upbit faces sanctions for not meeting KYC and AML requirements in South Korea. 700,000 KYC violations found, risking a suspension of new customer sign-ups. Upbit’s unreported foreign operations are also under investigation for regulatory breaches. South Korea’s Financial Services Commission (FSC) issued a warning to Upbit about potential sanctions. These sanctions could prevent Upbit from … Read more