Author: James Wilson
White House AI and Crypto Czar David Sacks addressed speculation on possibly including altcoins in a crypto reserve. Last weekend, President Donald Trump spoke about (XRP), Solana (SOL), and Cardano (ADA) as part of a U.S. crypto strategic reserve. The tokens and other digital assets surged to double-digit gains as billions flowed into cryptocurrencies. Debates broke out after Trump’s announcement, as many scrutinized the decentralization and value proposition of these altcoins. For most, a reserve exclusively denominated in Bitcoin (BTC) is the best route. Some surmised that Ethereum (ETH) should be the obvious choice if an altcoin must feature in…
Could DeFi survive under outdated financial regulations? Experts suggest that forcing decentralized platforms into compliance models designed for banks would have been disastrous, proving why policymakers must rethink their approach. Senate votes to repeal IRS rule The U.S. government’s long-running tension with decentralized finance has reached another crucial moment. On Mar. 4, in a rare display of bipartisan agreement, the Senate overwhelmingly voted 70–27 to repeal an IRS rule that would have imposed traditional financial reporting requirements on decentralized exchanges and DeFi protocols. Had it taken effect, the rule would have forced developers and DeFi platforms to report crypto transactions…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Jupiter, Lightchain AI, and Near Protocol are gaining attention for their superior value over Shiba Inu as the market rebounds. Jupiter, Lightchain AI, and Near Protocol are being touted by crypto experts as having a better value offering than Shiba Inu (SHIB) as the market bounces back. Lightchain AI has already raised over $17.1 million at a presale price of $0.006, making it a standout project in the blockchain space with its revolutionary AI and blockchain integration. While Shiba…
Unichain, a decentralized finance layer 2 solution developed by Uniswap Labs, is focused on the launch of a new validation network. As an on-chain decentralization feature, the validation network adds another layer of finality to the network. It also cuts the risks of the network running conflicting blocks as well as contribute to Unichain’s DeFi growth. The Unichain team announced this on Mar. 7, revealing the plans are part of its roadmap. Notably, Uniswap (UNI) launched Unichain mainnet in February, fulfilling a target set for the first months of 2025. Ahead of this milestone, the DeFi-focused platform’s developers hinted at…
Zhang Chi, also known as Zoroo, the founder of Yescoin — a mini-game project within the Telegram Open Network ecosystem — was detained by Shanghai police. This detention followed a business dispute with his partner, identified as Wang Mouxin or ‘OldWang.’ The disagreement, initially a civil matter, has escalated into a criminal case, raising concerns within the Yescoin community. Yescoin, operating within the TON (TON) ecosystem, tries to integrate blockchain technology with gaming, offering users a decentralized platform for mini-games. The project has garnered attention for its innovative approach to combining gaming with blockchain, attracting a diverse user base…
Core, a proof of stake platform offering a dual Bitcoin staking solution, is teaming up with digital asset custody and wallet provider Cobo to expand its staking service in Asia. The collaboration will see Core and Cobo bring dual Bitcoin (BTC) staking and sustainable yield to institutional investors, Core Foundation announced on Mar. 7. In the announcement, shared with crypto.news via a press release, noted that Core will bring these features to users eyeing opportunities in the decentralized finance ecosystem across Asia. Core plans to offer this functionality via its DeFi-as-a-Service platform, with its sights on institutional adoption of BTC…
Jito price remains in a deep bear market after falling by over 40% from its highest level in December last year. Jito (JTO), the biggest liquid staking and restaking network on Solana, was trading at $2.5, bringing its market cap to $787 million. Third-party data shows that Jito has become the third most profitable players in the crypto industry after Tether and Tron (TRX). It has made $411 million this year, making it more profitable than popular chains like Solana (SOL) and Ethereum (ETH). Jito, which has $2.34 billion in assets, is even more profitable than Lido, the biggest liquid…
XRP price has lost the momentum it had in November 2024 and has moved into a technical bear market after falling by 25% from the highest point this year. Ripple (XRP) retreated to $2.5 on Friday as crypto investors waited for the upcoming crypto summit at the White House. This summit will shed light on Donald Trump’s plan for a strategic crypto reserve and the potential coins to be included. In a statement on Sunday, he hinted that his preferred coins would be Bitcoin (BTC), Ethereum (ETH), Ripple, Solana (SOL), and Cardano (ADA). However, he only signed for a Strategic…
The Binance community will now have input on which tokens are listed on the exchange and which are dropped from the platform. Crypto’s largest centralized exchange, Binance, plans to democratize its token listing and delisting procedure “to provide users with more opportunities” in the digital asset market. Voting eligibility will require users to hold at least 0.01 (BNB) to upvote a project for listing in the Alpha Observation Zone, or downvote a token for delisting via the Monitoring Zone. Projects with community support must still pass due diligence on Binance before listing. Existing projects can also self-nominate in the future,…
Cryptocurrency prices rose slightly ahead of the inaugural crypto summit at the White House. Bitcoin (BTC) rose to $90,200%, while popular altcoins like Ethena (ENA), Movement (MOVE), and Hedera Hashgraph (HBAR) jumped by over 10%. Most of these coins have rallied by double digits from their lowest levels this month. Crypto prices rose ahead of Trump crypto summit | Source: CoinMarketCap The crypto summit comes a day after Donald Trump signed an executive order creating the Strategic Bitcoin Reserve. The order also created the US Digital Asset Stockpil, which will manage other coins. Some of the top coins to be…