Gemini Trust Co. has agreed to pay $5 million to settle a Commodity Futures Trading Commission (CFTC) lawsuit that accused the firm of misleading authorities during its attempt to launch the first U.S.-regulated Bitcoin futures contract. The agreement was revealed Monday in a proposed consent order filed in the U.S. District Court for the Southern … Read more
The starting price of NFTs in the prominent Solana collection Mad Lads jumped 19% earlier Tuesday, with the spike coming following news that parent company Backpack acquired the remains of FTX Europe and the collapsed firm’s MiFID II exchange license. Mad Lads briefly held a floor price—aka the cheapest asset listing on the marketplace—of almost … Read more
The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025. Nearly $4 Billion Vanishes as Tether and Ethena Decline in Early 2025 Among the top ten stablecoins, tether (USDT) and ethena usd (USDE) recorded significant outflows, collectively amounting to nearly $4 … Read more
Gold climbs to $2,664 but faces pressure from a strong US labor market and Trump’s assertive tariff plans. Trump’s unexpected remarks on reclaiming the Panama Canal and imposing tariffs on neighbors bolster the US Dollar. People’s Bank of China boosts gold reserves, signaling increased demand as global economic uncertainties persist. Gold price advanced late in … Read more
The Terra ecosystem collapse in 2022 didn’t make as many headlines as FTX, but the total number of victims could exceed 1 million, according to new court documents. The documents filed this week allege that the number of victims of disgraced crypto mogul, Terraform Labs founder Do Kwon, is “difficult to precisely quantify.” Kwon last … Read more
In a significant development, OpenLoop has announced a collaboration with FoxWallet. With a known strong support of multiple chains and wallets, FoxWallet will help strengthen OpenLoop’s decentralized network. With this partnership, OpenLoop’s ecosystem will become more secure and easy to interact. OpenLoop announced the news of this partnership on its official X account. Our collaboration … Read more
Ripple’s President, Monica Long, expresses optimism about the future of XRP cryptocurrency regarding upcoming spot ETF approvals in the U.S. Long shared insights during a Bloomberg interview, suggesting a watershed year ahead for the cryptocurrency market, particularly for stablecoins. “We’re anticipating a significant uptick in demand for stablecoin products,” Long stated, emphasizing Ripple’s strategic focus … Read more
Bitcoin’s current valuation stands between $96,512 to $97,121 over the last hour, boasting a market capitalization of $1.91 trillion and a 24-hour trading volume amounting to $59 billion, indicative of intensified market engagement. The cryptocurrency oscillates within an intraday spectrum from $96,163 to $102,760. Bitcoin Bitcoin‘s one-hour chart delineates a pronounced downward trajectory, now stabilizing … Read more
Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview.
Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview.