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Elliott Management has reportedly cautioned that the Trump administration’s push for pro-crypto policies is fueling a speculative frenzy that could cause “havoc” when prices eventually drop. On Thursday, the Financial Times reported that the hedge fund criticized the US government for…
Overheating crypto mining rigs have caused another major fire in South Korea, emergency services in North Jeolla Province have claimed. Per the news agency Yonhap, the incident took place in the city of Muju. Fire service Officers say the fire caused…
The energy woes of the Russian Bitcoin mining hotspot of Irkutsk are intensifying, with the region’s Governor calling for a “year-round ban” on crypto mining. Irkutsk Governor Igor Kobzev was speaking at a meeting of the Legislative Assembly of the Irkutsk…
Circle officially launched Native USDC on the Aptos mainnet on Thursday, making the stablecoin directly accessible on the Move-based layer-1 blockchain. This eliminates the need for cross-chain bridging, streamlining transactions for users and developers. Native USDC is now live on @Aptos!…
El Salvador’s Congress has swiftly approved amendments to its Bitcoin laws, aligning with a deal struck with the International Monetary Fund (IMF) to scale back its crypto exposure. The legislative change comes as part of the country’s commitment to conditions set…
The cryptocurrency market surged at the start of the year, with Bitcoin ($BTC) reaching new all-time highs and the total altcoin market surpassing $1.5 trillion for the first time. The launch of spot Bitcoin exchange-traded funds (ETFs) in the United States…
During Monday night’s episode of CNBC’s Mad Money, host Jim Cramer advised viewers to consider adding Bitcoin to their portfolios rather than investing in MicroStrategy, a software company known for its extensive Bitcoin holdings. Jim Cramer says, "I own Bitcoin. You…
Crypto exchange giant Coinbase has onboarded President Trump’s co-campaign manager Chris LaCivita for its global advisory council. The appointment comes a week Coinbase CEO Brian Armstrong’s meeting with the President to reportedly discuss personnel appointments. Coinbase has also added former U.S.…
Crypto exchange Gemini has taken a strong stance against the Massachusetts Institute of Technology (MIT), refusing to hire any of its graduates as long as former Securities and Exchange Commission (SEC) chair Gary Gensler remains affiliated with the university. “As long…
The US Securities and Exchange Commission (SEC) has officially acknowledged Canary Capital’s 19b-4 application for spot Litecoin exchange-traded fund (ETF). This marks it the first altcoin 19b-4 to be acknowledged, senior Bloomberg ETF analyst Eric Balchunas, wrote on X. The other…
A recent rule change on digital asset accounting helped Tesla boost its net income in the fourth quarter. Tesla’s digital asset value remained at $184m for four consecutive quarters before jumping to $1.08b in the December quarter. However, in its Q4…
The CEO of a leading South Korean P2P financial lender has been accused of using a client’s funds to make personal crypto purchases. The South Korean news outlet NBN Media reported that an unnamed investor and private equity fund operator backed…