[PRESS RELEASE – LONDON, UNITED KINGDOM, February 6th, 2025] XRP has recorded a strong price surge after a strong dip at the start of the week. XRP price increase follows a market-wide recovery after a period of decline. However, despite the rebound, low trading volume and negative on-chain signals suggest that the rally may not […]
The SEC is scaling back its special unit of more than 50 lawyers and staff members that were responsible for bringing crypto enforcement actions, according to a Feb. 4 New York Times report citing people with knowledge of the matter. Some of the lawyers in the crypto enforcement unit are being assigned to other departments […]
The Thailand Securities and Exchange Commission (SEC) is preparing to implement a DLT-based debt instrument trading system. The main objective is to encourage securities firms to engage in digital token trading. According to Jomkwan Kongsakul, who happens to be the deputy secretary-general of the SEC, the regulator has already approved four digital token projects and […]
On Feb. 5, Ripple chief technology officer David Schwartz reported that the network is now recovering before adding, “We don’t know exactly what caused the issue yet.” The XRP Ledger (XRPL) experienced a rare one-hour outage late on Feb 4 when block production stopped at ledger height 93927173. However, the network recovered on its own […]
Some crypto traders can’t stop talking about Best Wallet. The project has just passed the $9 million presale milestone, and it’s easy to see why. With a user-friendly design, advanced features, and high staking rewards, many see Best Wallet (BEST) as the next evolution of crypto trading. Best Wallet Simplifies Crypto Management with User-Friendly Mobile […]
The crypto market is back in the green today – and Ethereum is leading the way. ETH blasted past $2,800, jumping 11% in the past 24 hours. Adding to the excitement, the Wall Street Pepe presale is nearing its conclusion, passing the $68 million mark ahead of its official launch. Ethereum Bulls Back In Control […]
Ethereum prices have gained around 11% on the day to reach $2,900 during early trading in Asia on Feb. 4 before it retraced slightly. It is on the path to recovery from a crash to $2,260 on Monday following President Donald Trump’s imposition of trade tariffs on Canada, Mexico, and China. Some of those tariffs […]
On Feb. 3, President Trump announced plans to create a US sovereign wealth fund, a national investment vehicle designed to generate and distribute assets for American citizens. Trump signed the executive order at a White House event directing Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick, who are both pro-crypto, to “begin a […]
Trump’s tariffs have not only shaken financial markets but have also impacted World Liberty Financial’s crypto holdings amid escalating trade tensions. With uncertainty looming, market participants wonder if this downturn presents a buying opportunity for long-term accumulation. WLFI’s Crypto Portfolio Decline World Liberty Financial (WLFI), backed by US President Donald Trump, recently invested $242.77 million […]
THORChain’s governance body has passed Proposal 6 as part of its restructuring efforts to resolve a nearly $200 million debt crisis. The approved plan involves converting defaulted debt into TCY (Thorchain Yield) equity tokens, eliminating the need for a private raise, and leveraging existing treasury funds to facilitate recovery. Under this framework, 200 million TCY […]