News

Elastos Secures $20M to Expand Bitcoin DeFi Services
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Elastos Secures $20M to Expand Bitcoin DeFi Services

Web3 infrastructure provider Elastos has successfully closed a $20-million investment round, marking a significant step in expanding decentralized finance (DeFi) services within the Bitcoin (BTC) ecosystem. The funding, announced on January 30, came from Rollman Management Digital, a global investment network known for backing early blockchain projects like Ripple and Ethereum. With this investment, Elastos...

Robinhood Expands Crypto Offerings with Bitcoin Futures Trading
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Robinhood Expands Crypto Offerings with Bitcoin Futures Trading

Online brokerage Robinhood is set to enter the futures trading market, offering Bitcoin (BTC) futures alongside other asset classes. The company announced on January 29 that it will introduce futures trading for the S&P 500, oil, Bitcoin, and additional assets, marking a significant expansion beyond its traditional stock trading services. Robinhood, which added cryptocurrency trading...

Coinbase Strengthens Ties to Trump with Advisory Council Addition
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Coinbase Strengthens Ties to Trump with Advisory Council Addition

Coinbase has deepened its connection to former U.S. President Donald Trump by appointing his 2024 co-campaign manager, Chris LaCivita, to its Global Advisory Council. The cryptocurrency exchange announced on January 29 that LaCivita would join the council alongside former U.S. Senator Kyrsten Sinema, former New York Fed President Bill Dudley, and former Colombian Ambassador to...

Binance Under French Investigation for Alleged Money Laundering
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Binance Under French Investigation for Alleged Money Laundering

The Paris Public Prosecutor’s Office has reportedly launched an investigation into cryptocurrency exchange Binance, scrutinizing its activities between 2019 and 2024 over allegations of money laundering and tax fraud. The probe is being conducted by the economic and financial crime division, with suspicions that some of the funds may be connected to drug trafficking. Additionally,...

Poland Surpasses El Salvador as Global Bitcoin ATM Hub
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Poland Surpasses El Salvador as Global Bitcoin ATM Hub

Poland has overtaken El Salvador to become the world’s fifth-largest Bitcoin ATM hub, with 219 active machines following a four-month installation surge. On January 27, the country added 10 new Bitcoin ATMs, further solidifying its position in the global rankings, which are led by the US, Canada, Australia, and Spain. Poland’s recent growth includes the...

US CBDC ‘is dead’ under Trump, but stablecoins could be set to explode
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US CBDC ‘is dead’ under Trump, but stablecoins could be set to explode

Trump Administration Shifts Focus From CBDCs to Stablecoins With Donald Trump now sworn in as the President of the United States, the prospects for a central bank digital currency (CBDC) in the country appear effectively extinguished. Throughout his campaign, Trump voiced staunch opposition to CBDCs, promising in New Hampshire in 2024 to “never allow the...

Bitcoin DeFi takes center stage
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Bitcoin DeFi takes center stage

Bitcoin Ecosystem Evolves With Expanding DeFi Applications Bitcoin, the oldest and most secure blockchain, has reached new heights, recently surpassing $100,000 and achieving a record market capitalization of over $2 billion. While Bitcoin has long been regarded as digital gold, a wave of innovations is shifting its use case, unlocking untapped liquidity, and driving the...

How did Donald Trump deal with crypto during his first term?
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How did Donald Trump deal with crypto during his first term?

Trump’s First Term: Crypto Skepticism and Regulatory Actions Donald Trump’s first term as U.S. president, spanning from 2017 to 2021, marked a contentious chapter for cryptocurrency. While Bitcoin’s value skyrocketed from around $700 at his election to over $36,000 by the end of his tenure, the administration’s stance on digital assets was largely critical, characterized...

XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined
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XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined

XRP Hits 7-Year High Amid Bullish Momentum and FTX Payout Plans XRP has surged to its highest level in seven years, reaching $3.20 on January 15, as investor optimism over cryptocurrency regulations outweighs concerns from the latest legal appeal by the U.S. Securities and Exchange Commission (SEC). By January 16, XRP traded at $3.09, marking...

Uniswap Integrates API with Ledger Live for Secure DeFi Swaps
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Uniswap Integrates API with Ledger Live for Secure DeFi Swaps

Uniswap and Ledger Partner to Simplify Token Swaps in Ledger Live Uniswap Labs and Ledger have joined forces to streamline the token trading experience by enabling swaps directly within Ledger Live. This integration allows users to trade on Uniswap while keeping their assets secured by Ledger’s hardware wallets, eliminating the need to leave the Ledger...