Author: John Smith
Binance users have reportedly saved $1.75 billion in remittance costs through $26 billion in crypto transfers between 2022 and 2024. Remittances are financial transfers typically made by migrants sending money to family members in their home countries. Globally, remittance volumes are projected to reach $913 billion this year. However, traditional remittance services can be costly, with fees averaging 6.65% for international transactions, according to the World Bank. In some cases, fees can climb as high as 20% for small transfers, as noted by the International Monetary Fund Binance (BNB) allows its users to send crypto remittances via Binance Pay, which…
MicroStrategy continued its Bitcoin buying spree just a day after Donald Trump was sworn in as the 47th U.S. President. The Tysons Corner-based firm added another 11,000 Bitcoin (BTC) for $1.1 billion, according to a disclosure document shared by executive chair and BTC advocate Michael Saylor on Tuesday, Jan. 21. MicroStrategy acquired its latest stash at an average price of $101,191, marking its first BTC purchase in the new Donald Trump era. At press time, the dotcom-era software developer held a total of 461,000 BTC, acquired for roughly $29.3 billion. The company’s Bitcoin trove was valued at a staggering $48…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Throughout history, different generations have ventured toward new frontiers. For some intrepid pioneers, the frontier promised adventure, riches, or self-actualization. For others, it represented an opportunity to build something entirely new—to establish communities, create new systems of governance, and shape the future on their own terms. Today, in 2025, we stand at the edge of a new digital frontier, where decentralized autonomous organizations are reimagining how humans work together across borders, time zones, and traditional boundaries. The…
Solana hits new all-time highs in both TVL and DEX volume after the explosive debut of TRUMP and MELANIA on the crypto market. According to data from DeFi Llama, the Solana (SOL) network’s total value locked reached a new all-time high of more than $12 billion on Jan. 19. This is the first time Solana’s TVL has crossed the $10 billion threshold since November 2022. Not only that, Solana’s DEX volume also reached back-to-back all-time highs over the weekend. Solana’s DEX volume reached $28.2 billion on Jan. 18 and $39.2 billion on Jan. 19. On the DEX volume rankings, Solana…
Bitcoin is expected to retain its upward momentum if it successfully defends the key support level, Matrixport says. After breaking out of a narrowing wedge pattern, Bitcoin (BTC) now faces a pivotal test at $89,260, a support level seen as crucial for its continued upward momentum. In an X post on Jan. 21, Singapore-based blockchain firm Matrixport said that Bitcoin’s price outlook depends on staying above this threshold. In a chart shared by the firm, Bitcoin is seen breaking out of a narrowing wedge pattern. The cryptocurrency, with a market capitalization of more than 2 trillion, has been retesting the…
BARRON, an unofficial meme coin named after Donald Trump’s son, rewarded an insider wallet with $1.05 million after dumping it for Solana. On Jan. 20, a fake BARRON meme coin was launched amidst the official presidential meme coins, TRUMP (TRUMP) and MELANIA (MELANIA). Despite being unofficial, many traders were quick to jump on the Solana-based meme coin inspired by Trump’s son. Its market cap quickly skyrocketed to as high as $72 million, though it has now plummeted to at least half that much. In fact, the fake Barron meme coin soared so high that an insider wallet was able to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins like Shiba Inu, TRUMP Coin, and Yeti Ouro are gaining traction, driving renewed interest and competition in the cryptocurrency market. Meme coins are attracting attention from investors amidst a renewed wave in the cryptocurrency market. Shiba Inu (SHIB), the newly launched TRUMP Coin, and Yeti Ouro (YETIO) are leading the charge with their unique features and aim to disrupt the market. Meme coins have grown in popularity, and with the introduction of these tokens, the HODL market…
Finnish investors gain regulated access to crypto ETPs as Virtune launches five euro-denominated products on Nasdaq Helsinki. Virtune, a Swedish crypto asset manager, has launched Finland’s first crypto exchange-traded products on Nasdaq Helsinki, making it easier for Finnish investors to invest in crypto directly in euros. The launch includes five different ETPs, all physically backed and fully collateralized, the asset manager said in a Jan. 20 press release. The products are available through major Nordic brokers like Nordnet. Virtune chief executive Christopher Kock called the launch a “crucial milestone,” saying, the firm is “thrilled to introduce Finland’s first crypto ETPs…
Kenya is considering a policy that would require crypto providers to establish local offices in an effort to enhance regulatory oversight. Kenya is mulling a new policy that would require crypto businesses to open local offices, aiming to tighten oversight of the country’s fast-growing virtual asset industry, Bloomberg has learned, citing a draft law on the National Treasury’s website. The proposed law would exclude businesses dealing with assets that can’t be traded, transferred, or used for payments outside a closed system. According to the document, the policy “seeks to close the gaps in the absence of a legal and regulatory…
Crypto analyst Ali Martinez highlighted this optimistic outlook in a Jan. 21 X post, where he speculated a short-term price target of $4.40 for XRP. According to Martinez, XRP recently broke out of a bull flag pattern—an indication that bullish momentum may continue in the near term. This breakout aligns with strong technical signals pointing to further upward movement. This short-term prediction follows an even more ambitious target shared by the analyst in an earlier post. Martinez had previously highlighted XRP’s breakout from a symmetrical triangle pattern on the monthly chart, a development he views as another bullish indicator. Based…