Bitcoin, Ethereum, and even meme coin prices are not moving as rapidly as they were back in December. Bitcoin is clawing back gains, while Ethereum remains below $3,000. Solana is under pressure, trading below a multi-month support level, while meme coins have dropped to around $75 billion in cumulative market cap. – Price Market Cap
Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands, and Hong Kong Telecommunications (HKT) have partnered to establish a joint venture (JV) focused on issuing a Hong Kong dollar-backed stablecoin. The JV intends to apply for a license under the Hong Kong Monetary Authority’s (HKMA) new regulatory framework. HKD-Backed Stablecoin According to the official press release,
Pi Network crashed after the mainnet launch, leading to a $6 billion wipeout in the first two days. Pi Network (PI) was trading at $0.76 on Saturday, down from the mainnet launch price of $2. Here are the four main reasons why the Pi coin price crashed. Pi coin price chart | Source: CMC Pi
Key Takeaways The SEC is likely to drop its big lawsuit against Coinbase, which could be a major victory for the crypto industry. Dismissing the lawsuit may shift focus from legal battles to establishing crypto standards in Congress. Share this article The SEC staff has agreed in principle to dismiss its enforcement case against Coinbase,
Popular crypto exchange Kraken could be preparing for a potential re-entry into the Indian market after being banned last year. According to local media reports dated 20 February 2025, Kraken is in discussions with India’ Financial Intelligence Unit (FIU) to obtain the necessary licenses. In 2024, local authorities blacklisted and banned Kraken for non-compliance with
Ho Kai Xin, a former payroll processing staff member at WeChain Fintech Singapore, has been sentenced to nine years and 11 months in jail for embezzling over $5.7 million. WeChain Fintech Singapore, which was contracted to manage payroll for Bybit Fintech, employed Ho as a payroll processing staff member. Ho, who was responsible for processing
The U.S. Securities and Exchange Commission (SEC) is officially backing off its investigation into NFT marketplace OpenSea — yet another example of the crypto industry benefitting from loose regulations under the Trump administration. OpenSea co-founder and CEO Devin Finzer shared the news late Friday. The announcement came on the heels of Coinbase’s announcement that the
Share this article Singapore – February 21, 2025 – Nansen, a leading blockchain analytics platform, is thrilled to announce its appointment as a TRON Super Representative (SR). As a Super Representative, Nansen will play a pivotal role in ensuring the security, efficiency, and transparency of the TRON network by participating in block production and governance,
Kaito AI, the AI-powered InfoFi platform, finally launched its long-awaited KAITO token airdrop. Billed as a revolutionary step in tokenizing social media engagement through its “Yaps” system, the event was met with a whirlwind of anticipation and subsequent disappointment, as the tokenomics were unveiled just an hour before claiming went live. A dramatic market response
The median cryptocurrency investor saw their portfolio grow by $5,482 in 2024, according to a recent report by crypto tax and portfolio tracking platform CoinLedger. The study analyzed data from more than half a million users, highlighting key trends in the digital asset market, including top-performing tokens and the impact of regulatory changes on trading