White House cryptocurrency director David Sacks will hold a press conference on Tuesday, Feb. 4, at 2:30 p.m. ET to discuss the U.S. digital asset strategy. White House to Outline U.S. Digital Asset Strategy in Press Conference Reports and a recently published memo state that David Sacks, who serves as President Donald Trump’s artificial intelligence […] Source
Uniswap (UNI), the top decentralized exchange (DEX) by trading volume, has rolled out a new protocol upgrade across multiple chains. The DEX says its new “v4” transforms the protocol into a “developer platform.” “Made possible with the introduction of hooks – contracts that allow anyone to customize how pools, swaps, fees, and LP (liquidity provider) positions interact. Hooks mean unlimited new features that drive deeper liquidity and more swaps. The lowest cost version of the protocol yet. Pools on v4 are expected to be 99.99% cheaper to create, and swappers…
A subsidiary of the New York Stock Exchange wants to convert Grayscale’s XRP Trust into a spot exchange-traded fund (ETF). The ETF and securities exchange NYSE Arca filed with the U.S. Securities and Exchange Commission (SEC) to propose the rule change. Grayscale, a crypto asset manager, believes converting the trust into an ETF “would provide other investors with a way to invest in XRP on a regulated national securities exchange,” according to NYSE Arca’s filing. The XRP trust has nearly $16.2 million worth of assets under management (AUM) at time…
The second-largest US-based crypto exchange by trading volume is announcing huge upticks in revenue and trading volume last year. According to a new blog post, Kraken says that its revenue and trading volumes doubled in 2024 compared to what it did in 2023. Kraken attributes its growth last year to the company’s focus on improving execution. “Our relentless execution is evidenced by our 2024 financial highlights, which we are releasing for the first time in Kraken history. In 2024, we saw revenue of $1.5 billion (up 128% year-over-year) and $380…
Japan’s ‘MicroStrategy’ adopts own 21 million plan for Bitcoin purchases Metaplanet, a publicly traded Japanese firm often called “Asia’s MicroStrategy,” is raising more than 116 billion yen ($745 million) to expand its Bitcoin holdings. On Jan. 28, the company announced it had issued 21 million shares through moving strike warrants, which grant investors stock acquisition rights with adjustable exercise prices. While such warrants are typically issued at a discount, Metaplanet’s offering does not, setting the share price at the full closing value on the pricing date. The company claims this…
NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global cryptocurrency market size is estimated to grow by USD 39.75 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.7% during the forecast period. Rising investment in digital assets is driving market growth, with a trend towards acceptance of cryptocurrency by retailers. However, volatility in value of cryptocurrency poses a challenge. Key market players include AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR…
According to Forbes’ research of retail crypto traders, asset safety remained the most critical feature that exchange users want. Crypto Users Have Crossed the 500 Million Mark Globally Forbes has released its third annual “Best Crypto Exchange” ranking, evaluating over 200 firms based on security, trading volume, fees, and regulatory compliance. Topping the list is […] Source
The Cyprus Securities and Exchange Commission (CySEC) has launched an initiative to enhance the Cyprus Stock Exchange (CSE) in order to restore its role as a key driver of economic development in Cyprus. A roundtable discussion on the topic, “Strengthening the Cyprus Stock Exchange,” took place at CySEC’s offices. Various stakeholders attended and presented proposals aimed at revitalising investor interest, attracting new companies, and increasing the number of investment products on the CSE. “A healthy stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse…
Belarus is preparing to launch its own official cryptocurrency. President Alexander Lukashenko recently disclosed this development to journalists, adding that Belarus has a surplus of electricity. Belarus Preparing to Issue a National Cryptocurrency, President Lukashenko States More countries are preparing to issue cryptocurrencies, as digital assets are gaining traction in international markets. Belarus is currently […] Source
OKX finally received the Markets in Crypto-Assets Regulation (MiCA) license. The milestone allows the crypto exchange to offer regulated crypto services through localized offerings targeting more than 400 digital asset users in Europe. Currently, OKX ranks as the fourth with a trading volume of $4.9 billion in the past day alone. According to data from CoinMarketCap, the current top three exchanges are Binance, Bybit, and Coinbase. “The full MiCA license marks a pivotal step in OKX’s journey as a responsible leader and innovator across the global crypto ecosystem. Europe holds…