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Author: James Wilson
With veteran investor Scott Bessent confirmed as treasury secretary, crypto markets are bracing for potential shifts in U.S. policy under Trump’s leadership. Scott Bessent, a billionaire hedge fund manager, has been confirmed by the Senate in a 68-29 vote as the new U.S. Treasury Secretary. With major responsibilities around tax cuts, inflation, and tariffs, his appointment could also bring big changes to how crypto is regulated, leaving many wondering what’s next. Deep ties with Wall Street Bessent got his political science degree from Yale back in 1984 and kicked off his career at Brown Brothers Harriman, among other places. He…
Terra Luna Classic price has continued its steep downward trend despite the network achieving a key burn milestone. Terra Luna Classic (LUNC) dropped to a low of $0.00007045 this week, marking its lowest level since August 2024 and a decline of 55% from its December highs. According to LUNCMetrics, the network surpassed the 400 billion burn milestone this week. Over 400.6 billion LUNC tokens have been incinerated so far, with the trend continuing. In the last seven days alone, 1.45 billion tokens were burned, leaving 6.5 trillion coins still in circulation. Terraform Labs, which filed for bankruptcy protection in 2024,…
Crypto giant Binance is under investigation in France for the second time, following an initial probe in 2023. French prosecutors have formally opened a judicial investigation into alleged crimes, including drug trafficking, money laundering, and tax evasion at Binance. The probe may also involve additional undisclosed charges, according to a Reuters report published on Tuesday, Jan. 28. The investigation could be an extension of the previous inquiry launched by French authorities in 2023, which focused on the platform’s suspected role in aiding money laundering and illicit financing activities, among other alleged violations. Indeed, 2023 harbored global scrutiny for crypto exchanges…
FTSE Russell, a leading global index provider, has partnered with blockchain data infrastructure firm SonarX to expand its digital asset offerings. This partnership will integrate data from over 100 blockchains, including network fundamentals, token supply, staking, and DeFi metrics, into FTSE Russell’s financial indexes and data products. The collaboration reflects a growing push to incorporate blockchain data into traditional financial systems. FTSE Russell plans to leverage SonarX’s data to create indexes specifically designed for institutional investors, addressing the rising demand for digital asset exposure. FTSE Russell, based in London, is renowned for creating indices that track various aspects of the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coin hype fades as Dogecoin and Shiba Inu slow. Investors shift focus to Remittix, a promising new DeFi project. Meme coins have made some people rich. Dogecoin and Shiba Inu turned small investments into massive returns during their biggest rallies. But things have changed. The hype that once pushed these coins higher has slowed down. Many traders are now asking if meme coins can still grow or if they should look elsewhere. A new project called Remittix is…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Verus is redefining blockchain with privacy-first solutions, scalable ecosystems, and a community-driven approach to rebuilding trust in the digital age. In the age of information, we face numerous conundrums. For one, with the plague of disinformation, misinformation and global corporations competing to claim dominance over mediums of communication, we can never be sure of who and what to trust. Adding fuel to this already massive fire is the fact that we cannot even verify a lot of the information…
Ondo Finance plans to expand its tokenized U.S. Treasuries fund, the Ondo Short-Term U.S. Government Treasuries Fund, to Ripple’s layer-1 blockchain, XRP Ledger Founders Fund and Pantera Capital-backed Ondo Finance announced on Jan. 28 that it expects OUSG tol go live on XRP Ledger within the next six months. Ondo Finance (ONDO) is partnering with XRP (XRP) creator Ripple to bring the institutional-grade product to the XRPL. According to Ondo, the expansion aims to bolster institutional adoption of compliance-focused decentralized finance products. The initiative targets investors seeking DeFi yields while benefiting from tokenization and composability. OUSG is backed by BlackRock’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum, Solana, and CATZILLA show strong potential for gains as market trends and key developments fuel optimism. Major cryptocurrencies like Ethereum and Solana are demonstrating strong potential for significant gains by 2025, alongside emerging players such as CATZILLA. With the current bull market in full swing, market enthusiasts are keenly observing key indicators and detailed analyses that hint at promising futures for these digital assets. Exciting developments and strategic movements are creating a buzz around these investments. The meme…
Ethereum has underperformed Bitcoin across most metrics this year, remaining in a technical bear market after declining by 22% from its 2024 highs. Ethereum (ETH) has dropped to $3,200, hovering near its lowest level since December 2024. This decline is attributed to the Ethereum Foundation’s continued selling of its large ETH holdings and the network losing market share to competing chains like Tron (TRX) and Solana (SOL). Still, several factors suggest Ethereum may be poised for a bullish breakout, potentially reaching $5,000 in the coming weeks. First, Ethereum’s price historically performs well in February. Since 2019, Ethereum has posted positive…
Ki Young Ju, CEO of CryptoQuant, projected that the meme coin market will reach a point of maturation by 2030. In a recent post on X, Ki Young Ju, CEO of CryptoQuant, said that the meme coin hype will fade, but the market will not fizzle out completely. Instead, he says it will go through a gradual phase of maturation over the next five years. He adds that the value in the meme coin sector is legitimized through narrative, similar to the art market, and suggested that it will evolve into a more sustainable market by 2030. The way value…