The cryptocurrency sector has witnessed a remarkable surge in venture capital funding, with over $1 billion flowing into the industry following Donald Trump’s election victory. This funding wave highlights growing confidence in the sector, driven by expectations of a pro-crypto administration and clearer regulatory policies.
Since the election on November 6, crypto startups have raised around $1.3 billion, signaling renewed interest from venture capitalists. According to industry data, November
MicroStrategy has been added to the prestigious Nasdaq-100 Index, a significant step that underscores growing recognition of cryptocurrency-focused companies in traditional markets. This achievement follows a remarkable surge in both Bitcoin’s value and MicroStrategy’s stock, driven by the company’s aggressive accumulation of the cryptocurrency.
The Nasdaq-100 Index includes the top 100 non-financial firms on the Nasdaq exchange, featuring global leaders like Apple, Microsoft, and Tesla. MicroS
Grayscale Launches New Trusts for Ethereum Projects
Grayscale, a major player in the cryptocurrency investment space, has introduced two new Trusts centered on Lido DAO (LDO) and Optimism (OP). These investment vehicles aim to provide exposure to tokens tied to Ethereum's ecosystem. The announcement highlights Grayscale’s strategy to back projects improving Ethereum's scalability, security, and adoption in decentralized finance (DeFi).
Both Lido DAO and Optimism operate on Ethereum and have shown potential to enhance the blockchain's efficiency.
Ukraine is set to legalize cryptocurrencies by early 2025, focusing on clear regulations and taxation without offering any special tax incentives. The proposed legislation aims to regulate digital assets, ensuring financial stability while addressing risks such as tax evasion and money laundering.
The draft law, developed with input from the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), will impose taxes on cryptocurrency profits converted into fiat currency, treatin
District Court Judge Ana C. Reyes in Washington DC has criticized the Federal Deposit Insurance Corporation (FDIC) for its excessive redactions in Coinbase-related documents from 2022. These letters, which discouraged banks from engaging in crypto-related activities, have sparked concerns within the crypto community about regulatory overreach.
Judge Reyes accused the FDIC of a “lack of good faith” in how it handled the documents, ordering the agency to review and revise the redactions. The cour
Argentine President Javier Milei has announced major policy changes for 2025, aiming to transform the nation's financial landscape with free currency circulation and cryptocurrency-friendly regulations. These reforms will allow Argentines to use any currency for transactions, including Bitcoin, fostering greater financial freedom and flexibility.
Milei’s plan also includes a 90% reduction in national taxes, empowering provinces to create their own tax policies. This bold move seeks to decentral
French Hill Leads Pro-Crypto Shift in U.S. Finance
French Hill has been appointed as the new Chair of the House Financial Services Committee in the 119th Congress, signaling a positive shift for cryptocurrency regulations. This move is seen as a significant win for the crypto industry, which hopes for more favorable oversight under his leadership.
Hill’s appointment, following a competitive process against Reps. Andy Barr, Frank Lucas, and Bill Huizenga, has been welcomed by the digital asset community. Known for his expertise in financial matt
Today, we’re diving into Vertex Protocol, a decentralized exchange (DEX) that’s reimagining how we trade crypto. Combining spot trading, perpetual contracts, and decentralized lending, Vertex is creating a seamless, efficient, and secure trading experience.
What Makes Vertex Stand Out?
Vertex Protocol isn’t just another DEX—it’s a full financial ecosystem in one app. It allows you to trade spot markets, engage in perpetual contracts, and even lend or borrow crypto all in one place. No need to
Nvidia Faces Shareholder Lawsuit Over Crypto Revenue
The US Supreme Court has ruled against Nvidia’s appeal, allowing a shareholder lawsuit over alleged misrepresentation of cryptocurrency mining revenue to move forward. The lawsuit accuses Nvidia of misleading investors by downplaying its reliance on crypto-related sales during its rapid revenue growth in 2017 and 2018, a period before the cryptocurrency market crashed.
Shareholders allege that Nvidia’s CEO, Jensen Huang, misrepresented how much the company’s record-breaking earnings relied on i
MicroStrategy Poised to Join Nasdaq 100 Amid Bitcoin Surge
MicroStrategy might soon join the Nasdaq 100, potentially replacing Moderna, thanks to its recent Bitcoin-fueled stock surge. Analysts Eric Balchunas and James Seyffart predict that the inclusion could happen this Friday, with the official listing on December 23. This move would mark a significant milestone for the company, which has become one of the top 100 publicly traded firms in the U.S.
Currently, MicroStrategy is classified as a tech stock, allowing it to bypass Nasdaq’s restrictions on
Vancouver’s city council has approved a bold move to explore integrating Bitcoin into its financial strategy, marking a shift towards embracing digital assets. The proposal, led by Mayor Ken Sim, includes creating a Bitcoin reserve and enabling BTC payments for taxes and city fees. It reflects a strategy to diversify financial reserves and protect against fiat currency volatility. A feasibility study on adopting Bitcoin will be completed by early 2025.
Trump’s Crypto Shift: Big Gains for Bitcoin and Altcoins in 2025
CoinShares anticipates significant growth in the cryptocurrency market for 2025, driven by favorable regulatory changes and technological advancements. The European crypto investment firm highlights key trends in its latest report, including the influence of Donald Trump's potential presidency, the rise of Bitcoin-yielding companies, and advancements in Ethereum and Solana.
The report predicts sweeping regulatory changes in the U.S. under a Trump administration. Analyst Max Shannon suggests tha
Marathon Digital Boosts Bitcoin Holdings in Bold Move
Marathon Digital has made a bold move in the cryptocurrency world by purchasing a significant amount of Bitcoin. The company announced it acquired over 11,000 Bitcoin recently, demonstrating its growing commitment to increasing its digital asset holdings. This purchase is part of a broader strategy that many major firms are adopting, including MicroStrategy and Riot Platforms.
The acquisition was funded through proceeds from a zero-coupon convertible notes offering. Marathon stated this financi
BlackRock’s Bitcoin ETF (IBIT) has achieved a major milestone, managing more assets than all 50+ European regional ETFs combined. Some of these European funds have been active for over two decades, yet they lag far behind IBIT’s rapid growth, which highlights the increasing acceptance of cryptocurrency in the financial sector.
Bitcoin ETFs have seen record inflows recently, with BlackRock dominating the market. IBIT now holds nearly half of all Bitcoin ETF assets, making it the largest player i
A hacker has stolen $15.9 million from a Coinbase Commerce vendor, exploiting the platform's AML (Anti-Money Laundering) system. The theft, uncovered by well-known crypto investigator ZachXBT, involved over 1,700 suspicious USDC transactions, followed by laundering the funds through Polygon and Ethereum. The criminal, using the alias "Excite," has been flaunting luxury purchases online, with metadata suggesting a possible location in Denmark.
The attack, which began on April 21, saw the stolen
Microsoft shareholders recently rejected a proposal to invest in Bitcoin, despite predictions of significant market growth. The proposal, presented by MicroStrategy CEO Michael Saylor, called for Microsoft to diversify its portfolio by allocating a portion of its reserves to Bitcoin.
Saylor argued that Bitcoin, now the seventh-largest global asset, is poised for explosive growth, with its market capitalization projected to surpass $2 trillion in the near future and potentially reach over $200 t
Ripple Gets Green Light for RLUSD Stablecoin in New York
Ripple CEO Brad Garlinghouse announced on Tuesday that New York State regulators have officially approved the company’s first stablecoin, RLUSD. The New York State Department of Financial Services (NYSDFS) granted this certification, marking a significant milestone for Ripple as it ventures into the stablecoin market.
Ripple aims to make RLUSD a dependable digital currency option for clients, minimizing the price swings commonly associated with XRP, its flagship asset. This move is part of Ripp
Google recently unveiled its latest quantum computing chip, Willow, featuring 105 qubits and delivering groundbreaking computational power. This announcement has sparked concerns within the crypto community about Bitcoin’s cryptographic security, as quantum computers are known for their potential to break encryption algorithms.
Willow has achieved a remarkable milestone, solving a complex computation in just five minutes—something the most advanced classical supercomputers would need ten septil
Russian State Duma Deputy Anton Tkachev has proposed creating a strategic Bitcoin reserve to boost the country’s financial stability. Tkachev, a member of the New People party, submitted his suggestion to Finance Minister Anton Siluanov, highlighting Bitcoin's potential as an independent asset free from international sanctions and inflation risks associated with traditional currencies like the dollar, euro, and yuan.
Tkachev's proposal comes at a time when Russia appears to be softening its sta
Coinbase is facing significant criticism after numerous users reported account restrictions, with some alleging their accounts have been frozen for months or even years. The complaints surfaced on X, where users disputed Coinbase’s explanation that a "minor increase" in restricted accounts was due to inactivity and FUD (fear, uncertainty, and doubt).
On December 9, Coinbase Support acknowledged a sharp rise in platform activity following the election, citing a 2-3x increase in fraud attempts. A