Category Archive: Cryptocurrency, No picture
Movement Labs nears completion of $100 million Series B funding
Key Takeaways San Francisco-based Movement Labs is close to securing a $100 million Series B funding round co-led by CoinFund and Nova Fund. The fresh capital will allow Movement Labs to enhance its blockchain infrastructure, integrating Facebook’s Move Virtual Machine with Ethereum. Share this article Movement Labs is nearing completion of a $100 million Series […]
XRP ETF likely to launch after Bitcoin and Ether ETFs, says Ripple President
Key Takeaways Ripple President anticipates an XRP ETF will launch soon after Bitcoin and Ethereum ETFs. Ripple’s RLUSD stablecoin has reached a $72 million market cap and is expanding its distribution. Share this article Ripple President Monica Long anticipates a spot XRP exchange-traded fund will launch “very soon,” likely the next major crypto ETF after […]
Coinbase scores rare legal victory as court grants interlocutory appeal in SEC case
Key Takeaways Coinbase has been granted an interlocutory appeal by Judge Failla, allowing it to challenge SEC’s claims at the Second Circuit Court of Appeals. The appeal raises significant questions about the application of securities law to digital assets, particularly concerning the Howey test. Share this article Coinbase has achieved a significant legal milestone in […]
Bitcoin retreats from $102K high amid hot job data and Federal Reserve projections
Key Takeaways Bitcoin dropped 5% from its high of $102,000 amid stronger-than-expected US job data. The crypto market, which had gained 11% in early 2025, is now down over 5%, with Ethereum, XRP, and Solana also seeing steep declines. Share this article Bitcoin has fallen over 5% since reaching a high of over $102,000 on […]
CFTC chief Rostin Behnam resigns, urges stronger crypto oversight
Key Takeaways Rostin Behnam will step down as CFTC chair on Jan. 20 after a tenure marked by high-profile enforcement actions in crypto and calls for stronger oversight. Behnam stresses the importance of disciplined digital asset regulation and a renewed focus on closing the regulatory gap in crypto markets. Share this article Rostin Behnam will […]
Arthur Hayes predicts Q1 Bitcoin top amid Treasury and Fed liquidity shifts
Key Takeaways Arthur Hayes projects a Q1 Bitcoin peak driven by a $612 billion liquidity injection, combining Federal Reserve and Treasury impacts. Hayes eyes DeSci opportunities, positioning investments ahead of a forecasted cycle peak. Share this article Arthur Hayes, former BitMEX CEO and current CIO of Maelstrom, forecasts that Bitcoin will reach a local top […]
FTX EU sold to former FTX employees’ Backpack Exchange for $32.7 million
Key Takeaways Backpack Exchange has acquired FTX EU for $32.7 million with regulatory approval from Cyprus and the FTX bankruptcy court. With a launch in Q1 2025, Backpack aims to become Europe’s sole regulated provider of perpetual futures, leveraging its MiFID II license. Share this article Backpack Exchange, founded by former FTX and Alameda Research […]
Ripple taps Chainlink to boost RLUSD utility and DeFi access
Key Takeaways Ripple has adopted Chainlink’s price feed to enhance RLUSD stablecoin’s utility in DeFi applications. RLUSD is available on multiple exchanges and aims to expand its platform reach to support its integration into DeFi. Share this article Ripple is adopting Chainlink’s standard to provide reliable pricing data for its RLUSD stablecoin, aiming to enhance […]
Io.net founder invests $130M in AI crypto startup O.XYZ, targets decentralized AI system development
Key Takeaways Ahmad Shadid has invested $130 million in O.XYZ to develop a decentralized AI system called DeAIO. The DeAIO framework allows contributors to vote on AI decisions and receive rewards. Share this article Ahmad Shadid, founder of Io.net, has invested $130 million of his personal funds to develop a Decentralized AI Managed Organization (DeAIO) […]
Nasdaq ISE seeks SEC approval to increase IBIT options trading limits from 25,000 to 250,000
Key Takeaways Nasdaq ISE proposes to increase IBIT options position and exercise limits tenfold. The proposed change is motivated by increased trading volumes and liquidity in IBIT. Share this article Nasdaq ISE, LLC (ISE), the Nasdaq-owned options exchange, recently submitted a proposed amendment to the SEC to increase the position and exercise limits for options […]
