Wyoming and Massachusetts have joined the expanding number of U.S. states that may soon vote on establishing Bitcoin reserves, with representatives from both states submitting draft legislation supporting the initiative on Friday. In Wyoming, a group of five Republican legislators submitted a bill that would permit the state treasurer to invest public funds in Bitcoin, but no other digital assets.…
Month: January 2025
Crypto Biz: Meta’s free speech about-face isn’t what it seems
Is Mark Zuckerberg sincere about promoting free speech on his platforms or is he trying to mend political fences with the incoming Trump administration? Source: https://cointelegraph.com/news/crypto-biz-meta-free-speech-not-what-seems?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC charges Digital Currency Group for misleading investors
“DCG and Moro painted a misleadingly rosy picture,” the acting director of the SEC’s enforcement division, Sanjay Wadhwa, wrote. Source: https://cointelegraph.com/news/sec-charges-digital-currency-group-misleading-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wintermute Predicts US Bitcoin Reserve Consultations Will Spark Global Crypto Race
A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025. Ethereum Acquisition? Wintermute Predicts Public Company […] Source: https://news.bitcoin.com/wintermute-predicts-us-bitcoin-reserve-consultations-will-spark-global-crypto-race/
Sony Just Launched an Ethereum Network—Will It Get PlayStation Games?
Sony’s Ethereum scaling network Soneium officially launched Monday, and the network’s creators are billing it as a way to potentially introduce crypto to the masses. But will that include gaming—and specifically, Sony’s juggernaut PlayStation brand and its many popular franchises? Sony Block Solutions Labs Director Sota Watanabe previously told Decrypt that Soneium could onboard “ordinary people” into the cryptosphere, operating…
Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish
ETH price fell by 11% over the past 30 days but bullish sentiment and other data point toward a rally to $4,000. Source: https://cointelegraph.com/news/can-ethereum-price-go-to-4-k-eth-s-open-interest-surges-as-institutions-turn-bullish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Correlation between Bitcoin price and VC investment breaks down: Report
2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities. Source: https://cointelegraph.com/news/correlation-bitcoin-price-vc-investment-weakened?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is procured from […] Source: https://news.bitcoin.com/low-cost-energy-meets-high-hashrates-bitfufu-eyes-major-oklahoma-mining-stake/
BTC keeps rallying, Trump to make crypto a priority, XRP hits ATH
BTC keeps rallying, Trump to make crypto a priority, XRP hits ATH Trump to make crypto US national priority. BTC hits $102k on Trump EO rumours. BTC dominance over altcoins to continue: JPM. XRP hits new all time high, ETF approval odds 70%. XRP CLO denies alleged Trump criticism. Solana to weigh possible SOL inflation cut. SOL may hit $6,638…
One SEC commissioner down before Trump’s term — Gary Gensler is next
As Gary Gensler prepares to announce his resignation, some SEC officials have said they will step down before Donald Trump’s inauguration. Source: https://cointelegraph.com/news/sec-commissioner-steps-down-gary-gensler-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound