Author: John Smith

Shiba Inu price remains in a bear market and could see additional downside after forming a death cross pattern while a key metric declines. Shiba Inu (SHIB), the second-largest meme coin in crypto, dropped to a low of $0.00001162 on Monday, marking a 65% decline from its November peak. SHIB’s crash coincided with broader weakness in meme coins. Dogecoin (DOGE) has fallen 22% over the past 30 days, while Pepe, Bonk, and Floki have dropped by more than 25%. Shiba Inu’s burn rate has also dropped this week. Shibburn data shows an 88% decline in the burn rate over the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Yeti Ouro gains traction in P2E gaming as Ethereum navigates short-term market challenges. A look at 2025 shows shifts in the cryptocurrency market. Ethereum (ETH) faces short-term doubts as investors look for new options. ETH holds a key place in DeFi and smart contracts but now deals with price swings because of rules and market shifts. Meanwhile, Yeti Ouro (YETIO) advances in its presale phase. Yeti Ouro takes a fresh path with its Play-to-Earn (P2E) games and manages to…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In February of 2022, Netflix’s documentary, The Tinder Swindler, sparked widespread discussion that coincided with the first market correction of the year. The documentary rocked the web3 community, briefly shifting the focus away from blockchain and onto the real reality of online scams, with crypto being a focus. The plotline was strikingly familiar—a scam story heard countless times now with a modern twist. Highlighting the intense difficulty many victims face when trying to find methods to verify…

Conditional payments in the digital euro could expand beyond scheduled transfers, though they do not require blockchain technology, an ECB official says. The European Central Bank sees strong potential in digital euro payments that only happen when certain conditions are met, going beyond just scheduled transfers, says ECB executive board member Piero Cipollone. For conditional payments transactions only execute if a condition is met, Cipollone told Reuters, adding that with nowadays payments “there is only one type… based on time: pay this amount to this person on this date. We think we can do better than that.” “We were surprised…

Kraken co-founder Jesse Powell is accusing a San Francisco co-op of denying his unit purchase on the grounds of discrimination for his ties to cryptocurrency and political leanings. According to a lawsuit filed by Powell’s legal team on Feb. 5, Powell alleged the San Francisco co-op, Twenty-Five Hundred Steiner Street Inc., violated the California’s Fair Employment Housing Act and the California’s Unruh Act by discriminating against him when it denied his bid to purchase an apartment unit. The Kraken exec shared details regarding the lawsuit on his X account on Feb. 6, claiming he had tried to avoid filing a…

Crypto.com, a Singapore-based crypto exchange operating globally, has unveiled plans to file for Cronos ETF and launch a proprietary stablecoin. As part of its roadmap for 2025, Crypto.com is planning to file for the launch of an ETF centered around its native token Cronos (CRO). The company plans to file for the ETF in the fourth quarter of the year, although further details on the filing process are yet to be disclosed.  To put this upcoming development into perspective, Crypto.com is just one of many companies vying for the launch of crypto ETFs. Several asset managers have recently filed applications…

Virtune has introduced two more crypto ETPs on the Nasdaq Helsinki Stock Exchange after its mass listing of five ETPs last January. In a press release, asset management firm Virtune announced the launch of two new crypto exchange-traded products: Virtune Avalanche (AVAX) ETP and Virtune Staked Cardano (ADA) ETP on Nasdaq Helsinki. This is the first time a Cardano-backed ETP and an Avalanche-backed ETP is introduced on Finland’s stock market. By trading crypto-backed ETPs, investors are granted exposure to digital assets like Avalanche and Cardano through Virtune ETPs. According to the press release, both ETPs are physically backed and fully…

The Czech central bank is reviewing a Bitcoin reserve plan that may take months, with potential exposure set to be well below the originally suggested, sources say. The Czech central bank’s Bitcoin (BTC) adoption plan may take months to finalize, with exposure expected to be much lower than the initially suggested 5%. Governor Ales Michl first floated the idea in an interview with the Financial Times. The proposal sparked excitement in the crypto space but faced skepticism from policymakers. European Central Bank President Christine Lagarde dismissed it, saying that “reserves have to be liquid, that reserves have to be secure,…

The Thailand International Digital Business & Finance Center has appointed Movement Labs co-founder Rushi Manche and Dao5 founder Tekin Salimi as advisors to advance its blockchain technology. According to local media Kaohoon International, Director of the TIDC, Wai Man Raymond Chu, announced that Salimi and Manche will be joining the center as advisors. He hopes the inclusion of two crypto industry founders will be able to foster growth and support for Thailand’s crypto and blockchain endeavors. “This collaboration occurs at a pivotal moment as the nation embarks on the era of digital finance, which serves as a cornerstone for economic…

XMR rallied over 9% on Feb. 6 after the privacy protocol showcased the strong performance of its Rust-based Cuprate node. Monero (XMR) surged to an intraday high of $238.55, extending its gains to 24% since the beginning of the year. The privacy-focused coin’s market cap surpassed $4.4 billion, briefly making it the 28th largest crypto asset per CoinMarketCap, before settling at $4.28 billion as of the last check during the afternoon Asian session. Why did XMR rally today? XMR surged after the project confirmed that its Rust-based Monero node, Cuprate, delivered a strong performance, completing a fast sync in 4…