Arizona will not be investing in bitcoin (BTC), at least not this year. Governor Katie Hobbs vetoed a bill on Friday that would have allowed the state to hold the digital asset as part of its official reserves. The legislation, known as Senate Bill 1025, proposed using seized funds to invest in BTC and create […]
Circle, the U.S.-based stablecoin issuer, is going public. The firm filed an S-1 form with the Securities and Exchange Commission (SEC) on Tuesday. If approved, the company’s stock will be trading on the New York Stock Exchange under the symbol “CRCL.” The company said its reserve income from managing its stablecoin-related reserves was $1.7 billion […]
Ripple CEO Brad Garlinghouse sees closely related XRP as part of the White House’s proposed digital asset stockpile and anticipates the launch of an XRP exchange-traded fund (ETF) before the end of 2025, per a Bloomberg Markets interview. Garlinghouse’s optimism came after the resolution of Ripple’s long-standing legal battle with the U.S. Securities and Exchange […]
Trading volumes for Cardano’s ADA token have exploded of late with daily figures averaging around $720 million in February while exceeding an average of $1.4 billion in March. This rise was spurred by a social media post by U.S. President Donald Trump, who mentioned ADA as one of the tokens that would be included in […]
The native token of Sui (SUI) surged on Thursday on news that Trump-affiliated decentralized finance protocol World Liberty Financial (WLFI) stroke a “strategic reserve deal” with the layer-1 blockchain project. The agreement includes WLFI adding Sui assets to its crypto holdings, the announcement said. The two projects will also explore “product development opportunities.” SUI jumped […]
The President of Belarus, Aleksandr Lukashenko, raised the possibility yesterday that the Eastern European country could begin mining cryptocurrencies. “Look at this mining. More and more people are turning to me. If it is profitable for us, let’s do it. We have excess electricity. Let them make this cryptocurrency and so on,” Lukashenko told Alexei […]
U.S. President Donald Trump on Sunday said that bitcoin (BTC), ether (ETH), XRP, solana (SOL) and cardano (ADA) could comprise the promised strategic crypto reserve, sparking a sharp rally in these tokens’ prices. The spot-led rally saw these tokens trade at a substantial premium on the Nasdaq-listed Coinbase exchange, a proxy for the U.S. demand, […]