Author: John Smith

Goldman Sachs Chairman David Solomon says he does not think Bitcoin is a threat to the dollar, stating he is a ‘big believer in the U.S. dollar’. In an interview with CNBC on Jan. 22, Goldman Sachs Chairman and CEO David Solomon called Bitcoin (BTC) an “interesting speculative asset,” admitting he was still very much a firm believer in the prospect of the U.S. dollar. “At the end of the day, I’m a big believer in the U.S. dollar. The U.S. dollar is super important. Bitcoin’s a speculative asset, an interesting speculative asset. I don’t think there is a lot…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Experts say that the FX Guys presale could outrun Cardano and Arbitrum in 2025. Find out why. A new opportunity has opened up for investors, and this time, it could be bigger than Cardano (ADA) and Arbitrum (ARB). FX Guys (FXG) is the foreign exchange trading platform that spikes investors’ interest with its distinct contributions to DeFi and TradFi. Despite Cardano and Arbitrum’s strategic positioning in the market, FX Guys shows the potential to offer better gains. This blockchain…

Ethereum’s dominance in fee earnings remained unchallenged in 2024, with a total of almost $2.5 billion, more than double that of TRON. As blockchain activity exploded last year, fees went through the roof, hitting $6.89 billion, according to a CoinGecko report. Ethereum (ETH) stayed way ahead of the pack, pulling in a massive $2.48 billion in gas fees. TRON (TRX) wasn’t far behind, pulling in $2.15 billion in fees, a huge leap from 2023. CoinGecko analysts point to TRON’s strong grip on the stablecoin market as the main driver, with monthly earnings steadily climbing throughout the year. On average, Ethereum…

The Taiwan FSC plans to propose a draft law in June 2025, allowing local banks to issue stablecoins tied to the new Taiwan dollar. According to a report from local media outlet Money UDN, the Taiwan Financial Supervisory Commission wants to introduce a draft law covering virtual asset service provision or VASP. One of the major highlights included is a law that would allow banks to issue their own stablecoins. Chairman of the Taiwan FSC, Peng Jinlong, stated that stablecoins will be used as a bridge that connects the gap between fiat currencies and cryptocurrencies, making it easier for investors…

After bottoming out earlier in the week, PENGU continued its recovery on Jan. 23 with a sharp rally, fueled by community anticipation of the Abstract mainnet launch and related speculation. The Pudgy Penguins (PENGU) token rose 8.7% to an intraday high of $0.0264 on Jan. 23, making it one of the top performers among the largest 100 cryptocurrencies by market cap per CoinGecko. With a market cap that surpassed $1.6 billion, the meme coin witnessed a 20% jump in daily trading volume, hovering over $411 million. PENGU’s recent rally came despite the broader NFT token market falling 3.8% over the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While the TRUMP meme coin faces volatility with a 25% drop, Lightchain AI is gaining momentum, raising $12.3 million in presale as a smarter, future-focused investment. The TRUMP meme coin just took a steep 25% dive, underscoring the unpredictable nature of meme projects. Meanwhile, Lightchain AI is gaining traction among serious investors with its unique blend of blockchain and AI.  Currently in presale at just $0.005625 per token, Lightchain AI has already raised an impressive $12.3 million, a clear…

North Dakota regulators are debating a bill that introduces consumer protections to combat scams involving cryptocurrency ATMs. During a Jan. 22 hearing, lawmakers in North Dakota discussed House Bill 1447, introduced to the state’s legislative assembly earlier this month, which seeks to cap daily withdrawals, regulate transaction fees, and mandate fraud warning notices on crypto ATMs to safeguard residents from financial scams. For those unfamiliar, crypto ATMs are kiosks at physical locations that allow users to convert cash into cryptocurrencies and vice versa. However, the limited regulation surrounding these machines and the anonymity provided by cryptocurrency transactions have made them…

Bitwise has recently filed documents to the Delaware’s Department of State, applying for the registration of a Bitwise Dogecoin ETF. On Jan. 22, crypto fund manager Bitwise Asset Management submitted documents to register for a Dogecoin (DOGE) exchange-traded fund. The filing can be found within the Delaware Department of State’s Division of Corporations official website. The agent registered on the form was revealed to be CSC Delaware Trust Company. Bitwise’s application marks the start of the process towards establishing a Dogecoin ETF under the fund manager. A few hours after the news broke, the Polymarket poll betting on the odds…

Most TRUMP holders are retail investors with less than $100 in profits, while 60 whales have gained over $10 million, according to Chainalysis. The majority of crypto wallets holding the Official Trump (TRUMP) meme coin haven’t made much money. According to data by Chainalysis, over 77% of them have earned less than $100, while whales have pocketed over $10 million each. In an X thread on Jan. 23, the New York-headquartered blockchain forensic firm revealed that TRUMP and MELANIA (MELANIA) meme coins are mostly popular with small-time investors. “Over 80% of $TRUMP and/or $MELANIA holders are investors who hold less…

Spot Bitcoin exchange-traded funds in the United States experienced a slowdown on Jan. 22 as BTC retraced back to around $102k. According to data from SoSoValue, inflows into spot Bitcoin ETFs dropped by 69% from the previous day, reaching $248.65 million on Wednesday. The entire inflows recorded on the day came from BlackRock’s IBIT which drew in $344.28 million from investors. Grayscale’s GBTC recorded outflows of $47.93 million, while Bitwise’s BITB and ARK 21Shares’ ARKB added to the negative momentum, with investors withdrawing $34.67 million and $13.02 million from the funds, respectively. The remaining BTC ETFs stood still on the…