Ripple Chairman Monica Long believes that 2025 will be another big year for digital assets as additional cryptocurrency exchange-traded funds (ETFs) are approved. In a new interview with Bloomberg Crypto, Long predicted that “a variety of cryptocurrency spot ETFs” will receive approval in the U.S. this year. The Ripple chairman also said that payments-focused altcoin XRP is “likely to be next in line” in terms of ETF approval. Several ETF providers, including Bitwise Asset Management, 21Shares, Canary Capital, and WisdomTree, filed Form S-1 registration statements for their XRP ETF with the Securities and Exchange Commission (SEC) last year. The SEC…
Author: Crypto Flexs
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According to a Thursday announcement, Sol Strategies (ticker: CYFRF, HODL.CN) is raising C$27.5 million (about $19 million) through debt financing to purchase more SOL tokens and further invest in Solana staking infrastructure. there is. This is the second multi-million dollar investment strategy the company has announced this week. In particular, the Toronto-based company, formerly known as Cypherpunk Holdings, raised funds through a private sale of “unsecured convertible debt units,” a type of long-term debt instrument that can be converted into company equity, to ParaFi Capital. We are procuring.Sol Strategies’ CD consists of one debenture with a principal amount of C$1,000…
LINK tested the demand zone again. If it breaks above $23.92, it could rise to $32. Network growth and exchange outflows mean accumulation. Chainlink (LINK) It’s gaining a lot of attention as it retests the descending trendline and demand zone, setting the stage for a potential breakout. At press time, LINK was trading at $19.84, with a daily decline of 4.39%. Despite the decline, both crowd sentiment and smart money sentiment remained strong, offering hope for a recovery. LINK Price Action: Can a Key Level Be Overcome? Current price action suggests that LINK is at a crossroads. After testing the…
Compound Finance is adding Ethena’s stablecoin and Mantle’s liquid staking token (LST) to its decentralized lending and borrowing platform, Mantle told Cointelegraph. On January 8, Compound’s token holders voted to add the stablecoin USDe and Mantle’s LST, mETH, as lending collateral to the decentralized finance (DeFi) protocol. This integration is the latest example of accelerated adoption of Ethena’s popular yielding stablecoin and Ether (ETH) LST. According to DefiLlama, Compound is one of the most popular DeFi lending protocols on the Ethereum network, with total total value locked (TVL) of over $2.7 billion.“Discussions are ongoing to introduce and integrate cmETH into…
In early 2024, Google’s AI tool, Gemini, caused controversy by generating pictures of racially diverse Nazis and other historical discrepancies. For many, the moment was a signal that AI was not going to be the ideologically neutral tool they’d hoped. Gemini’s safety team made Nazi Germany more inclusive. (X) Introduced to fix the very real problem of biased AI generating too many pictures of attractive white people — which are over-represented in training data — the over-correction highlighted how Google’s “trust and safety” team is pulling strings behind the scenes. And while the guardrails have become a little less obvious…
Key Takeaways:a16z launched the Crypto Startup Accelerator (CSX) in San Francisco in the spring of 2025.The program supports blockchain startups with $500,000 in funding, mentorship and networking opportunities.Applications for competitive cohorts are available through the a16z website until February 7th.Venture capital firm Andreessen Horowitz (a16z) has announced its Crypto Startup Accelerator (CSX) program, scheduled to open in San Francisco in spring 2025. Applications for CSX 04 cohort are available until February 7, 2025.Designed for early-stage startups leveraging blockchain technology, the Crypto Startup Accelerator program provides participants with funding, mentorship, and access to an extensive network of industry experts.Specifically, each approved…
The U.S. Department of Justice (DOJ) plans to auction $6.5 billion worth of Bitcoin (BTC) seized from Silk Road. This decision follows a court ruling on December 30, ending a long legal battle over ownership of BTC.The US Government Could Sell More BTC Than TrumpAs of January 9, the U.S. government held 198,000 BTC worth about $18.5 billion, according to data resource Arkham Intelligence. $6.5 billion is part of the same reserves.History of U.S. government Bitcoin balances. Source: Arkham Intelligence Some analysts are speculating that the outgoing Joe Biden administration may sell off all government-held Bitcoin in a politically motivated…
CoinDesk Indexes provides daily market updates, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.CoinDesk 20 is currently trading at 3298.7, down 2.2% (-74.23) since 4 PM ET on Wednesday.One in 20 assets is trading higher.Leaders: LTC (+1.9%) and POL (-0.3%).Laggards: RENDER (-5.1%) and ICP (-5.1%)CoinDesk 20 is a broad index traded on multiple platforms in multiple regions around the world.
Utrecht, Netherlands, January 9, 2025, Chainwire Nexera announced the launch of a layer 1 blockchain purpose-built to meet the needs of institutional on-chain capital markets. By embedding compliance, interoperability, and scalability at its core, Nexera Chain provides a comprehensive solution for real-world asset tokenization, bridging traditional and decentralized finance. This innovative blockchain integrates advanced AI-based tools for regulatory compliance, enabling automated Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), Anti-Money Laundering (AML), and Travel Rule enforcement. . Nexera Chain ensures that all participants and transactions comply with global regulatory standards, giving institutions the confidence to operate…
join us telegram A channel to stay up to date on breaking news coverage Strong economic data triggered significant declines across cryptocurrency markets, with Bitcoin falling below $97,000. Significant price declines in major cryptocurrencies led to the liquidation of over $483 million in long positions. Economic reports suggest that the Federal Reserve’s rate cut may be delayed, which could have a negative impact on investor sentiment. Stock markets reflected the slump in cryptocurrencies, with technology and AI-related stocks seeing particularly steep declines. The market correction has created cautious sentiment among investors considering the launch of new cryptocurrency tokens. As expectations…