Author: James Wilson

Tether and Reelly Tech are teaming up to integrate USDT into real estate transactions in the UAE. The partnership aims to improve efficiency in real estate deals while educating agents on the practical applications of stablecoins. Reelly Tech, which connects over 30,000 real estate agents across the UAE and international markets, will collaborate with Tether (USDT) to launch an interactive educational series.  This initiative will help agents understand how stablecoins like USDT can be used in real estate purchases, ensuring secure and seamless transactions. The collaboration comes as the UAE’s real estate sector experiences record growth. In 2024, off-plan sales…

Solana price has pulled back after soaring to $295 in January as its ecosystem and the broader crypto industry lost momentum. Solana (SOL) dropped to the psychological level of $200, marking a 35% decline from its highest point this year. This retreat is largely due to Bitcoin (BTC) and other altcoins pulling back. Bitcoin has fallen from this year’s high of $109,200 to below $99,000, weighing on tokens in the Solana ecosystem. According to CoinGecko, the total market cap of all Solana meme coins has declined from over $25 billion in January to $12 billion. Most of these tokens, including…

According to Ali Martinez, capital is continuing to flow out of Bitcoin and Ethereum into stablecoins, with no clear signs of an upcoming altseason. In his recent post on X, on-chain data analyst Ali Martinez pointed out that capital is continuing to flow out of Bitcoin (BTC) and Ethereum (ETH) into stablecoins. He also noted that there are “no signs of altseason yet.” The chart accompanying Martinez’s statement shows a clear trend of declining capital inflows into both Bitcoin and Ethereum, while stablecoins have seen a significant increase in net capital change. Specifically, as of Feb. 4, Bitcoin had a…

PancakeSwap has expanded its advanced trading features to Arbitrum, Linea, and Base. PancakeSwap was able to accomplish these features on Arbitrum (ARB), Linea, and Base by integrating Orbs’ dLIMIT and dTWAP protocols, according to a note shared with crypto.news. These tools, previously available only on BNB (BNB) Chain, enhance order execution for traders using the decentralized exchange. dLIMIT allows users to set specific execution prices, ensuring trades only go through under predetermined conditions. dTWAP breaks large trades into smaller transactions over time, helping to reduce market impact.  These features, commonly used in centralized finance, are now accessible to decentralized finance…

Shiba Inu price remains in a bear market and could see additional downside after forming a death cross pattern while a key metric declines. Shiba Inu (SHIB), the second-largest meme coin in crypto, dropped to a low of $0.00001162 on Monday, marking a 65% decline from its November peak. SHIB’s crash coincided with broader weakness in meme coins. Dogecoin (DOGE) has fallen 22% over the past 30 days, while Pepe, Bonk, and Floki have dropped by more than 25%. Shiba Inu’s burn rate has also dropped this week. Shibburn data shows an 88% decline in the burn rate over the…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In February of 2022, Netflix’s documentary, The Tinder Swindler, sparked widespread discussion that coincided with the first market correction of the year. The documentary rocked the web3 community, briefly shifting the focus away from blockchain and onto the real reality of online scams, with crypto being a focus. The plotline was strikingly familiar—a scam story heard countless times now with a modern twist. Highlighting the intense difficulty many victims face when trying to find methods to verify…

Kraken co-founder Jesse Powell is accusing a San Francisco co-op of denying his unit purchase on the grounds of discrimination for his ties to cryptocurrency and political leanings. According to a lawsuit filed by Powell’s legal team on Feb. 5, Powell alleged the San Francisco co-op, Twenty-Five Hundred Steiner Street Inc., violated the California’s Fair Employment Housing Act and the California’s Unruh Act by discriminating against him when it denied his bid to purchase an apartment unit. The Kraken exec shared details regarding the lawsuit on his X account on Feb. 6, claiming he had tried to avoid filing a…

Crypto.com, a Singapore-based crypto exchange operating globally, has unveiled plans to file for Cronos ETF and launch a proprietary stablecoin. As part of its roadmap for 2025, Crypto.com is planning to file for the launch of an ETF centered around its native token Cronos (CRO). The company plans to file for the ETF in the fourth quarter of the year, although further details on the filing process are yet to be disclosed.  To put this upcoming development into perspective, Crypto.com is just one of many companies vying for the launch of crypto ETFs. Several asset managers have recently filed applications…

Virtune has introduced two more crypto ETPs on the Nasdaq Helsinki Stock Exchange after its mass listing of five ETPs last January. In a press release, asset management firm Virtune announced the launch of two new crypto exchange-traded products: Virtune Avalanche (AVAX) ETP and Virtune Staked Cardano (ADA) ETP on Nasdaq Helsinki. This is the first time a Cardano-backed ETP and an Avalanche-backed ETP is introduced on Finland’s stock market. By trading crypto-backed ETPs, investors are granted exposure to digital assets like Avalanche and Cardano through Virtune ETPs. According to the press release, both ETPs are physically backed and fully…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Remittix is emerging as a competitor to Ripple in the cross-border payment space, with its PayFi approach and 100x potential gains. Ripple (XRP) has maintained its reputation as a top contender in cross-border finance for a long time, forging value-driven partnerships with banks and delivering near-instant settlements. However, the global payment market, valued at nearly $190 trillion, still leaves plenty of room for fresh competitors. Unsurprisingly, analysts have discovered a PayFi altcoin called Remittix (RTX). Having raised over $10.9…