Author: John Smith

World Liberty Financial’s adoption of wBTC over Coinbase’s cbBTC drew praise from Justin Sun, who accused the exchange of unreliable custody practices. The tension between Coinbase and TRON (TRX) founder Justin Sun is heating up as Sun calls out the exchange’s centralized approach to its tokenized Bitcoin product, cbBTC. Sun took aim at Coinbase’s proof of reserves, blasting the system as insufficient and backing Trump-linked World Liberty Financial for choosing Wrapped Bitcoin (wBTC) over Coinbase Wrapped (cbBTC) for its Bitcoin reserves. Let me break down this 4D chess move for you.Why did the president choose WBTC as his BTC reserve…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s inauguration sparks crypto market frenzy, with Bitcoin surging to $106,000 and emerging tokens like Yeti Ouro poised for explosive growth. President Trump’s inauguration has caused a big move in the crypto market. His inaugural speech didn’t mention crypto, but creating an SEC “crypto task force” under Acting Chairman Mark Uyeda was a big plus. This has pushed Bitcoin price to $106,000 this week, and the overall market looks promising. Since we’re likely entering a bull market, it is…

Changpeng ‘CZ’ Zhao comments on how ‘lazy’ AI chat bots are in a recent X post, despite his eagerness in exploring AI technology in blockchains. In a recent post, Changpeng ‘CZ’ Zhao shared his thoughts on artificial intelligence-powered chat bots. The Binance co-founder called them lazy, for only being able to tell him things that he already knew. Instead of educating him on information he does not know. “The problem with AI Chatbots is that, often, I don’t know what I don’t know. I don’t know what to ask. It would be good if it could just tell me things…

Birla Institute of Management Technology, a premier business school in India, has launched its in-house cryptocurrency for use on campus. Dubbed BIMCOIN, the cryptocurrency will help enable transactions between students, vendors, and administrators while also serving as a practical tool for hands-on learning in blockchain and digital finance, according to an official press release. BIMTECH, which is supported by the Birla group of companies, an Indian conglomerate, partnered with the Kalp Decentra Foundation, a non-profit organization focused on digital innovation, to develop BIMCOIN on a permissioned blockchain. For those unaware, permissioned blockchains are private or semi-private blockchain networks that require…

The crypto market is likely to stay in a holding pattern as traders await key developments in late January, analysts at QCP Capital suggest. The market has been drifting lower, despite the U.S. Securities and Exchange Commission’s announcement of a Crypto Regulatory Task Force, with pressure on Bitcoin (BTC) continuing to mount, analysts at QCP Capital note. In a research note on Jan. 23, the analysts suggested that the crypto market might to stay in a holding pattern for some time as no major market-moving events expected “before next week’s FOMC meeting.” “With no major catalysts before next week’s FOMC…

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…