Author: James Wilson
Donald and Melania Trump’s entry into the crypto space with their meme tokens has sparked debate over regulatory strategy. Zach Burks, CEO and founder of Mintology, a blockchain service provider, believes that by branding their tokens as “memes” rather than “coins,” Trump appears to be positioning them outside the scope of securities laws, an approach he described as a “masterclass in compliance in meme marketing.” “By advertising their tokens simply as ‘memes’ instead of using the term ‘coin’, the Trumps are blatantly attempting to avoid their tokens being classified as securities,” Burks wrote in a note to crypto.news. “This is…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana’s price outlook for February remains uncertain, prompting investors to consider emerging utility-focused projects. Engaging in a Solana price prediction for February is as good as joining a game of dice, with bullish analysts forecasting a rise to $1,000 and bearish projections warning of a dip to $100 — investors are shifting their focus to utility-driven projects like Remittix (RTX). This new crypto, currently in its presale phase, bridges blockchain and traditional finance, making it a promising crypto to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While DOGE and SHIB may struggle to replicate their 2021 gains, Lightchain AI emerges as a promising alternative. Dogecoin (DOGE) and Shiba Inu (SHIB) captured the hearts of crypto enthusiasts during their meteoric rise in 2021, creating massive returns for early adopters. However, relying on a repeat of that phenomenon in today’s market is risky. The days of meme coin hype dominating the market are giving way to projects focused on innovation and utility. Among the tokens that are…
A representative for the Las Vegas Sphere has denied any agreement to feature the Dogwifhat meme coin at the venue, according to a report by Decrypt. This statement contradicts claims made by Dogwifhat (WIF) token supporters “We have never had a deal with Dogwifhat, and our agency at the time only had one very preliminary conversation early last year,” a Sphere spokesperson told Decrypt. The spokesperson further clarified that there was never a plan for Dogwifhat to appear on the Exosphere and expressed concern that the venue’s name was being misused for deceptive purposes. The denial follows a now-deleted post…
Kraken has announced plans to end support for Tether’s token and other non-compliant stablecoins for European clients. The crypto exchange will delist the $140 billion U.S. dollar stablecoin Tether (USDT) by March 31, due to new regulations established by the European Union. News of this decision first surfaced last May when the platform was reportedly “actively reviewing” a potential USDT suspension in Europe, citing rules from the bloc’s Markets in Crypto Assets Regulation framework. In an email to clients, Kraken confirmed that it will delist USDT, Tether’s euro stablecoin, PayPal’s PYUSD, UST, and TUSD for users in the European Economic…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new meme coin is gaining attention as an Ethereum investor predicts strong potential, fueling interest in emerging assets. A notable Ethereum investor sees massive potential in a new meme coin, suggesting it could surge dramatically. With the crypto market currently on an upswing, attention is turning to promising new assets. This investor’s insights highlight key reasons behind the optimism, sparking interest among enthusiasts eager for the next big opportunity. The spotlight is on what could be the year’s…
Coinbase has announced the acquisition of Spindl, an onchain ads and attribution platform, as part of its broader strategy to drive adoption of onchain applications. The deal will see Spindl integrated into Base, Coinbase’s layer 2 blockchain, with the goal of improving discovery and distribution for onchain developers. Spindl, founded in 2022 by Antonio Garcia-Martinez, a former Facebook ads team member, specializes in rebuilding ad tech infrastructure for the onchain economy. Garcia-Martinez played a key role in developing Facebook’s early ad targeting and exchange systems. His work with Spindl has focused on addressing challenges related to user acquisition and engagement…
The market capitalization of stablecoins has jumped by $37.6 billion since U.S. president Donald Trump’s electoral victory in November. A new report from on-chain analytics provider CryptoQuant has revealed that the total value of USD-denominated stablecoins in circulation has jumped to a new record high since the announcement on Nov. 6. The report, which tracks the total market cap of Tether (USDT), USD Coin, Binance USD, True USD, Pax Dollar, and DAI, reveals that they have collectively hit $204 billion, representing a 22 percent rise in value in the 86 days since Trump’s victory. According to the data, Tether deposited…
Tether reported a net profit of $13 billion in 2024, driven by its businesses, including the issuance of USDT, the largest stablecoin in the crypto market. Tether, the issuer of crypto’s biggest stablecoin (USDT), generated $13 billion in profits last year amid soaring digital asset adoption and a new all-time high in U.S. Treasury Bills held as reserves for its token. On Friday, Jan 31, the company’s quarterly attestation provided by independent accounting firm BDO Italia showed $94.5 billion worth of T-Bills, a new record. Tether generated $7 billion in profits from its U.S. Treasury holdings and another $5 billion…
Cronos, the decentralized blockchain developed by Crypto.com, has integrated interoperability protocol LayerZero, enabling cross-chain communication with over 115 blockchain networks. On Jan. 31, Cronos Labs announced that LayerZero (ZRO) was now live on the Cronos’ (CRO) EVM-compatible and zero-knowledge proofs mainnets. This integration allows developers on Cronos to build bridges connecting to more than 115 blockchains, including Ethereum and Solana. Cronos EVM users can now transfer assets between the Cosmos SDK-powered chain and multiple EVM-compatible chains. The platform is also interoperable with the Solana ecosystem. Meanwhile, Cronos zkEVM users can leverage the native Ethereum bridge to connect with other Elastic…