Author: James Wilson
Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports, citing people familiar with the matter. According to a Feb. 10 report, Morgan Stanley is now actively seeking crypto clients, while Bank of America is considering more deals, and Royal Bank of Canada wants to expand its crypto portfolio. The spark of interest comes as exchanges like Gemini and Bullish consider going public. Kraken and stablecoin issuer Circle have also…
GameStop shares jumped Monday after CEO Ryan Cohen posted a photo with Strategy co-founder Michael Saylor, fueling Bitcoin-related speculation. GameStop shares jumped nearly 7% on Monday morning after the firm’s chief executive Ryan Cohen shared a photo with Michael Saylor, co-founder of Strategy (formerly MicroStrategy), on X. As of press time, GameStop (GME) shares are trading at $26.39, up 6.7%, per data from Google Finance. Cohen’s X post contained no information, leading to speculation that GameStop might be looking into something related to Bitcoin (BTC) as Strategy reignited investors’ interest after it started its buy-spree of Bitcoin. Cohen didn’t reveal…
Berachain’s “Proof of Liquidity” model is under fire as early investors cash out, triggering a 63% price drop from its launch high. Berachain (BERA), the highly anticipated layer-1 blockchain, officially launched its mainnet on Feb. 6, introducing an ambitious “Proof of Liquidity” mechanism and one of the largest airdrops of the year. Berachain’s origins trace back to the Bong Bears NFT collection, a cannabis-themed project that launched in 2021. Major exchanges, including Binance, MEXC, Upbit, and Bithumb, quickly listed BERA, fueling excitement around its ecosystem. As of Feb. 11, the project reached a total value locked of $3.1 billion just…
Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December. The ongoing decline is largely attributed to worsening market sentiment in… Source link
ADA surges 11% as Grayscale’s spot Cardano ETF becomes the 60th crypto ETF filing this year, raising expectations for SEC approval. Grayscale has taken another ambitious step in the crypto ETF race by filing a 19b-4 form with the SEC for a spot Cardano (ADA) ETF, marking the first-ever attempt to bring ADA into the U.S. spot ETF market. The move reflects Grayscale’s push to expand institutional access to digital assets beyond Bitcoin (BTC) and Ethereum (ETH). Bloomberg ETF analyst Eric Balchunas noted that this is roughly the 60th crypto ETF filing this year, highlighting the rapid pace at which…
North Korean hackers and shattered on-chain projects have left several decentralized finance blockchains struggling, with tens of millions in user asset outflows. Data from DefiLlama shows that multiple DeFi chains have lost around 90% of total user deposits over the years, particularly since the last crypto cycle. On-chain analyst 0xThoor identified Ethereum Virtual Machine-compatible blockchain Harmony as the biggest drop regarding DeFi total value locked. Harmony launched its layer-1 mainnet in 2019, two years before the previous bull run and its 2021 peak. By January 2022, Harmony’s TVL reached an all-time high, surpassing $1.4 billion. Harmoney TVL down 99% | Source:…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s latest pro-crypto moves could boost iDEGEN’s rally ahead of its February 27 exchange listings. President Trump has already been great for crypto — but with a new crypto-friendly SEC locked in, a crypto task force appointed, and new regulations making life easier for traders, things are about to get even better. iDEGEN, the AI agent being raised from scratch by degens on X, is primed to benefit from the great American crypto acceleration. It’s already raised over $20.4m…
Eric Council Jr., the man accused of helping to breach the X account of the U.S. Securities and Exchange Commission, has pleaded guilty to the charges. As a result, Council faces a potential $50,000 fine as part of the plea deal, Bloomberg reported. U.S. authorities proposed the forfeiture of the $50k in a filing at the U.S. District Court for the District of Columbia on Feb. 9. The fine relates to what prosecutors say is an amount that Council “personally obtained” amid the fake post on X, formerly Twitter, that alleged the SEC had approved the first spot Bitcoin (BTC) exchange-traded…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s Bitcoin endorsement fuels market excitement, with analysts suggesting XYZ could have the next mega rally. Bitcoin’s endorsement by influential figures is bringing cryptocurrencies back into the spotlight. Meanwhile, XYZ, a lesser-known altcoin, is quietly gaining traction. Experts position it for a leading role in the next big rally. XYZVerse: The meme coin ready to conquer XYZVerse is stepping into the ring as the next heavyweight contender in the meme coin space. It fuses sports energy with meme culture,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Wall Street Pepe has officially sold out its presale, while Pepeto emerges as the next big meme coin contender. Two major players have risen in the ongoing meme coin frenzy: Wall Street Pepe (WEPE) and Pepeto (PEPETO). While both projects bring distinct value to the market, Pepeto now holds a strategic advantage as its presale remains open, presenting a prime opportunity for early investors. Wall Street Pepe, which aims to empower smaller traders with trading signals, alpha calls, and…