Leveraged Ethereum ETF Sees Record $246M Inflows Following Market Dip
TL;DR The Ethereum market dropped 27% on Monday, hitting $2,135, due to Donald Trump’s trade tariff announcements and adjustments in leveraged positions. On Tuesday, the 2x
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SEC Reportedly Downsizing Crypto Task Force Amid Internal Changes
TL;DR The SEC is downsizing its crypto enforcement unit, reallocating staff to other departments as part of a broader effort to reassess its approach to digital
Republican Senator Introduces Bill to Regulate Stablecoins—What You Need to Know
TL;DR Senator Bill Hagerty seeks to establish a favorable regulatory framework for stablecoins in the U.S. The proposal requires stablecoins to be backed by dollars, Treasury
Coinbase Urges Regulators to Let Banks Enter the Crypto Market
TL;DR Coinbase asks U.S. regulators to remove barriers that limit banks from offering crypto services, such as custody and trade execution. It requests the withdrawal of
World Liberty Financial Under Scrutiny Over Token Swap Rumors
TL;DR Trump-backed World Liberty Financial is under investigation for alleged “token sales” and preferential deals with investors. The protocol denied the allegations, clarifying that its token
Crypto Czar David Sacks to Outline US Digital Asset Strategy Tomorrow!
TL;DR On February 4, 2025, David Sacks, the White House cryptocurrency director, will hold a press conference about the U.S. plan for the digital asset market.
U.S. Parents Look to Bitcoin as a Hedge Against Inflation for College Savings
TL;DR More U.S. parents are turning to Bitcoin as a hedge against inflation for their children’s college savings, moving away from traditional 529 plans. Bitcoin’s potential
Historic Crypto Market Crash Due to Trump’s Tariffs
TL;DR The crypto market experienced a historic crash due to Trump’s 25% tariffs on Canada, Mexico, and China, leading to a record $2.23 billion in liquidations.
Kraken Reintroduces Staking in the U.S. After Two Years
TL;DR Kraken has relaunched its staking service in the U.S. after nearly two years of interruption due to a conflict with the SEC. Staking allows users
Ripple CEO Pushes for XRP in U.S. Strategic Reserve, but Token Price Does Not React
TL;DR Brad Garlinghouse discussed with Trump the possible inclusion of Ripple (XRP) in the U.S. strategic reserve. Despite the announcement, XRP dropped 3.4% in the last
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