Author: John Smith

The U.S. SEC is close to ending its landmark case against Coinbase amid a 180-degree turn in the commission’s crypto regulatory approach. Coinbase announced that the Securities and Exchange Commission will file to dismiss a federal lawsuit against the U.S.-based crypto exchange for allegedly violating securities rules. In 2023, the SEC accused Coinbase of operating an unregistered securities exchange and offering unregistered securities. The case against Coinbase was one of the commission’s biggest crypto-related enforcement actions under former chair Gary Gensler. “There will be no settlement or compromise – a wrong will simply be made right,” wrote Paul Grewal, Coinbase’s…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With XRP facing challenges and Cardano holding steady, Remittix is emerging as a promising alternative, offering a safer and more efficient solution for fast payments in the crypto market. XRP and Cardano holders are being super careful right now because the crypto market is a bit shaky. But one new crypto is grabbing all the attention this February. It’s shining brighter than others and making big moves. While XRP and ADA holders are waiting to see what happens, this…

MANTRA trading volume has spiked by 55% as OM is potentially heading to $10, having broken out of a bullish flag pattern. MANTRA (OM) trading volume surged by 55% in the past 24 hours, coinciding with a slight uptick in the token’s price. As of the time of writing, Mantra’s price stands at $7.50, up by 3% on the daily timeframe. Over the past week, it’s up by 36% and impressive 110% over the past month. The current market capitalization sits at $7.36 billion, making it the 22nd top cryptocurrency by market cap, according to Coinmarketcap. The boost in trading…

Bankrupt cryptocurrency exchange FTX appears to owe a significant sum of money to creditors in more than twenty countries, including Ukraine. Crypto investors from more than 20 customers, including Ukraine, China, and Russia, are not eligible for FTX distributions, Sunil Kavuri, an FTX creditor, noted in an X post on Feb. 21. FTX ClaimsA lot of claims are from Jurisdictions not eligible for FTX distributions at the moment which include:Russia, China, Egypt, Nigeria, UkraineFTX is reviewing options China is the largest with 8% of customers pic.twitter.com/Ts1iToqhAL— Sunil (FTX Creditor Champion) (@sunil_trades) February 21, 2025 In the post, Kavuri attached a…

Rapper Ye is reportedly preparing to launch his own coin called YZY. Rapper Ye, previously known as Kanye West, is launching his own coin YZY to be used as the official currency for his Yeezy clothing brand, according to a Feb. 21 report by Coindesk. CoinDesk obtained the information from an email addressed from Hussein Lalani, who claimed to be the chief financial officer of Yeezy. Lalani sent an unsolicited document outlining the token’s launch and asked CoinDesk to withhold publication under an “embargo.” However, CoinDesk declined the embargo, and the document was later verified by three undisclosed sources close…

Crypto exchange Bybit said Friday that all liquidation data can now be accessible via its enhanced API. Bybit has made its liquidation data publicly available through an upgraded API, weeks after CEO Ben Zhou questioned CoinGlass’ Bitcoin liquidation estimates. In a Feb. 21 press release, Bybit said the update gives traders, analysts, and institutions real-time access to detailed market activity, providing updates every 500 milliseconds. “This ensures that every liquidation event is captured and disclosed without delay, setting a new standard for openness and reliability in the digital asset market.” Bybit Zhou called the move a “proactive approach in response…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. iDEGEN defies censorship and fuels a presale frenzy as it races toward its highly anticipated launch, with investors scrambling to get in before the clock runs out. iDEGEN is racing closer to its DEX launch, and the world is watching. On February 27, crypto’s most deranged and unhinged agent goes into price discovery. The most recent X ban is further fueling presale FOMO, and investors are scrambling to get into this presale. With 6 days left until launch, the…

The Johannesburg-headquartered Altvest Capital is seeking regulatory approval to raise $10 million, to make Bitcoin its primary reserve asset. Altvest Capital is planning to become the first listed company in Africa to adopt Bitcoin (BTC) as its primary treasury reserve asset. In a Feb. 21 interview with Bloomberg, Altvest Capital chief executive Warren Wheatley said the company has already bought one Bitcoin and is now asking regulators for approval to raise around $10 million by selling shares. Wheatley noted that no final decision has been made yet on whether to raise the funds. Founded in 2021 by Wheatley, the company…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum and PEPE navigate market volatility, BitLemons emerges as a stable revenue generator, attracting investors. As Bitcoin (BTC) continues pushing toward unprecedented heights, savvy investors are looking beyond the flagship cryptocurrency toward the next big opportunity. Market analysts have identified Ethereum (ETH), Shiba Inu (SHIB), and BitLemons (BLEM) as three projects demonstrating massive potential in the current bull market. Is Ethereum still the smart contract leader? Ethereum continues its impressive performance, currently trading at $2,766 with steady institutional…

With new EU regulations requiring stablecoin issuers to be authorized starting in 2025, major crypto platforms like Kraken and Crypto.com are developing their own stablecoins to stay compliant and ensure smooth operations. The European Union’s Markets in Crypto-Assets regulation, effective from Jan. 2025, mandates that all stablecoin issuers obtain proper authorization to operate within the EU. This regulation aims to enhance transparency, liquidity, and consumer protection in the crypto market. This shift has led crypto service providers like Kraken and Crypto.com to launch their own stablecoins coins to maintain seamless services, as reported by Bloomberg. Stablecoins are digital assets intended…