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The Protocol: Movement Labs Develops Dev Mainnet

Also: SSV DAO Unveils “SSV 2.0”; Cardano Hard Fork

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

Fed chair calls for Congress to move on crypto ’regulatory apparatus’

Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

The Dawn of PolicyFi

Memecoins are a dynamic capital formation technology with implications for policy making and politics, says Youbi Capital’s Ivo Entchev.

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

Cardano’s Plomin Hard Fork Goes Live, Ushering in On-Chain Governance

Plomin comes just four months after Cardano’s Chang hard fork, which put many of the mechanisms in place for Wednesday’s upgrade.

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain

New FASB rules allow for corporate bitcoin owners to mark those assets to market.

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

This Crypto Trader Bagged $840K by Creating 17,000 Meme Coins in 3 Months

Degens are launching hundreds of tokens a day on Solana meme coin factory Pump.fun—and making sizable profits as a result.

Published on: January 29, 2025 | Source: Decrypt favicon Decrypt

Robinhood hints at Bitcoin futures launch

Robinhood’s BTC futures product will face competition from rivals like the CME Group and Coinbase Derivatives Exchange.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Binance and OKX lose ground in market share over 2024, while Crypto.com records growth

Crypto.com increased its share of the centralized crypto exchange market in 2024, while industry leaders Binance and OKX saw declines, according to a report from CCData. Among the largest exchanges, Binance, Bybit, and Coinbase led in spot trading volume in December, collectively accounting for 55.7% of total volume — down from 58.4% in November. Centralized […] The post Binance and OKX lose ground in market share over...

Published on: January 29, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin rallies to $104.7K after Fed FOMC ‘nothing burger’ lines up with market expectations

Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Major Cardano Hard Fork Will Give ADA Holders a Say in Network's Future

Cardano's Plomin hard fork is set to go live late Wednesday, letting ADA token holders participate in network governance.

Published on: January 29, 2025 | Source: Decrypt favicon Decrypt

Coinbase strengthens ties to Washington with Trump campaign manager, ex-senator on advisory board

Coinbase added four high-profile figures as its advisors, including former US Senator Kyrsten Sinema and Chris LaCivita, co-campaign manager for President Donald Trump’s re-election bid. The Coinbase advisory council also welcomes Bill Dudley, the former president of the Federal Reserve Bank of New York, and Luis Alberto Moreno, an expert in global development and international […] The post Coinbase strengthens ties to...

Published on: January 29, 2025 | Source: CryptoSlate favicon CryptoSlate

DCG launches Fortitude Mining to diversify beyond Bitcoin amid industry challenges

Digital Currency Group (DCG) has announced the launch of Fortitude Mining, a new subsidiary focused on diversifying exposure to high-growth crypto assets and Proof-of-Work ecosystems beyond Bitcoin (BTC). DCG CEO Barry Silbert revealed the move in a social media post on Jan. 29, calling Fortitude Mining the company’s fifth subsidiary. The newly formed entity, originally […] The post DCG launches Fortitude Mining to...

Published on: January 29, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Spikes as Fed Skips Rate Cut—No 'Hurry' Despite Trump Demand

"We do not need to be in a hurry to adjust our policy stance," Fed Chair Jerome Powell said Wednesday, as Bitcoin bounced around.

Published on: January 29, 2025 | Source: Decrypt favicon Decrypt

Crypto PAC-supported candidates win Florida congressional primaries

Republicans Jimmy Patronis and Randy Fine have a good chance of winning their respective races for Florida House districts on April 1.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Sandboxes Are a Way Out of the Regulatory Sandstorm

How regulatory sandboxes can foster innovation, clarify regulations and balance accountability in the crypto industry.

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

XRP bull trap lurks below $2.95 — Will altcoin traders take the bait?

An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Gary Gensler returns to MIT — Here’s what he taught last time

Gensler asked his students at the outset of his previous course at MIT whether they thought crypto would change the future of finance.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Popular Solana and Bitcoin Wallet Phantom Adds Sui Support

Popular crypto wallet Phantom has launched support for Sui, which joins the likes of Solana, Bitcoin, and Ethereum in the app.

Published on: January 29, 2025 | Source: Decrypt favicon Decrypt

Fed Holds Rates Steady, Takes Note of Elevated Inflation

Bitcoin initially fell on hawkish language in the Fed's policy statement, but later recovered.

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

User mints 18,000 tokens on PumpFun, nets $3.8 million in profits

A user created nearly 18,000 tokens via memecoin launchpad Pump.Fun, raking in almost $3.8 million in profits from trades, according to Conor Grogan, a Director at Coinbase. Grogan highlighted that this user creates an average of 12 tokens per hour until he goes to bed and repeats the process the following day. According to a […] The post User mints 18,000 tokens on PumpFun, nets $3.8 million in profits appeared first...

Published on: January 29, 2025 | Source: CryptoSlate favicon CryptoSlate

CME to launch options on Bitcoin ‘Friday’ futures

The US futures exchange will offer retail-friendly, cash-settled tools for managing risk tied to Bitcoin’s volatility.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Getgems bets on Telegram for NFT adoption, OpenSea airdrop backlash: Nifty Newsletter

NFT marketplace Getgems continues to bet on NFTs, hoping that Telegram will spur adoption for the asset class in 2025.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin The Ultimate Hedge Against $97T Global Liquidity Bubble

Discover why Bitcoin’s fixed supply and deflationary nature make it the ultimate asset for navigating the $97 trillion global liquidity bubble. Learn how rising money supply influences market trends and positions Bitcoin as a strategic hedge against fiat currency debasement.

Published on: January 29, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Price analysis 1/29: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK, AVAX, XLM

Bitcoin’s volatility is likely to pick up following Fed Chair Jerome Powell’s comments, but the potential direction of the price move remains elusive to most traders.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

Robinhood CEO Warns Lack of U.S. Regulation Stifles Security Tokenization Efforts

Vlad Tenev joined BlackRock CEO Larry Fink in calling for clear regulations for tokenized securities in the U.S.

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

Canary Capital's ETF Plans Took Shape Thanks to Trump

Opened last October by ex-Valkyrie founder and CEO Steven McClurg, Canary quickly filed back-to-back applications for four crypto-related exchange-traded funds (ETF).

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

What is DeepSeek? The Chinese ChatGPT Rival Taking the World by Storm

DeepSeek’s low-cost, high-power AI model has shaken up the global AI industry and ethics debates. Here’s how they did it.

Published on: January 29, 2025 | Source: Decrypt favicon Decrypt

B3 Gaming Chain on Coinbase's Ethereum Network Base Reveals Token Plans

B3, a layer-3 gaming chain built on Ethereum network Base by former Coinbase employees, is gearing up to launch a token.

Published on: January 29, 2025 | Source: Decrypt favicon Decrypt

Bitcoin: What Went Wrong?

The priorities of Bitcoiners are starting to shift in the wrong direction, and represent an actual existential threat to the success of a censorship resistant and resilient system.

Published on: January 29, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Trump expands crypto footprint, gives memecoin utility for merch purchases

President Trump is further integrating crypto into his business empire, allowing holders of his official memecoin TRUMP to purchase merchandise.

Published on: January 29, 2025 | Source: Cointelegraph favicon Cointelegraph

As Lutnick Faces U.S. Senate, Elizabeth Warren Scrutinizes His Tether Ties

Howard Lutnick, President Trump's pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.

Published on: January 29, 2025 | Source: CoinDesk favicon CoinDesk

Alibaba Debuts Qwen 2.5-Max AI Model That 'Outperforms' DeepSeek

The company claims it secured a top score of 89.4 in the Arena-Hard benchmark, which compares AI models based on how they respond to human prompts.

Published on: January 29, 2025 | Source: Decrypt favicon Decrypt

Forget About The Strategic Bitcoin Reserve For A Moment — Mining Censorship Is Back

F2Pool — a mining pool representing ~11% of hash power on the Bitcoin network — is censoring OFAC-sanctioned transactions again.

Published on: January 29, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Tether mints $1 billion USDT on TRON with zero cost to boost inventory

Tether has minted its first batch of USDT stablecoins this year, adding $1 billion to the TRONblockchain. On Jan. 29, data from blockchain analytics firm Arkham Intelligence confirmed the transaction, showing that Tether paid no fees for the large-scale mint. This is unsurprising, considering TRON’s cost-effective blockchain network has made it one of the most […] The post Tether mints $1 billion USDT on TRON with zero...

Published on: January 29, 2025 | Source: CryptoSlate favicon CryptoSlate

CME Group to Launch Options on Its Bitcoin Friday Futures in February

CME Group is looking to obtain regulatory approval for options on its most successful cryptocurrency product launch.

Published on: January 29, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine