General category for all types of news related to the cryptocurrency world.
@Polymarket faces backlash over its handling of predictions on a potential TikTok ban in the U.S., raising concerns about transparency and regulatory challenges, especially in Singapore and Thailand. #Update #Crypto (-5) ↘
The market cap of stablecoins has surged by 65%, potentially fueling the ongoing bull rally in the cryptocurrency sector, as noted by Semilore Faleti at @NewsBTC. #Update #Crypto $USDT (+3) ↗
Indonesia’s cryptocurrency trading surged 335.9% in 2024, reaching Rp 650.61 trillion ($40.2 billion), driven by an expanding user base and higher transaction volumes, as reported by the Jakarta Globe and attributed to the Commodity Futures Trading Regulatory Agency (Bappebti). #Update #Crypto (+6) ↗
The CoinDesk 20 Index is up 2.5% at 3991.46, with $HBAR leading gains at +8.0% and $SOL at +4.8%. Nineteen of twenty assets are higher, except $ETC (-0.1%) and $BTC (+0.4%). #Update #Crypto $HBAR (+6) ↗
@EasyA is shifting its hackathon focus from “bounty hunters” to aspiring founders aiming for impactful Web3 innovations, with projects from its community valued over $3 billion. #Update #Crypto (+5) ↗
The U.S. House of Representatives is investigating whether leading crypto firms were secretly “debanked” during the Biden administration, with Rep. James Comer seeking details from industry leaders like @a16z and @coinbase. #Update #Legal $BTC (-3) ↘
Greenlight Capital’s CEO criticized the speculative nature of the crypto market, questioning meme coins like Fartcoin and the creation of Bitcoin reserves as unjustified taxpayer expenses. The firm reduced its stake in ETFs linked to MicroStrategy shares. #Update #Crypto $MSTR (-3) ↘
@OndoFinance’s $ONDO surged 10% in 24 hours, breaking its downtrend as analysts suggest a pro-crypto administration could push prices to $3. The token now trades at $1.51, up 20% weekly. #Update #Crypto $ONDO (+6) ↗
@MorganStanley CEO Ted Pick announced collaboration with U.S. regulators to explore cryptocurrency opportunities, focusing on compliance and potential Bitcoin ETF promotions despite current storage limitations. This move may increase regulatory scrutiny in the evolving crypto market. #Update #Crypto (+3) ↗
Congressional Republicans are investigating whether Biden-era regulators improperly pressured banks to sever ties with crypto firms like @Coinbase, amid claims of “debanking” under Operation Chokepoint 2.0. Senate and House hearings are scheduled next month. #Update #Legal (+3) →
Alex Shevchenko, CEO of @AuroraLabsHQ, is excited about AI-powered user-specific front-ends and autonomous research agents, predicting they will revolutionize drug development and materials creation. #Update #Tech #AI (+3) ↗
The US Committee on Oversight and Government Reform is investigating alleged debanking of crypto firms, dubbed “Operation Chokepoint 2.0,” under Biden’s administration. This move aims to end perceived government overreach in the crypto sector. #Update #Legal #Crypto → 0
@MorganStanley is intensifying its focus on crypto, committing to work with U.S. regulators to harness bitcoin’s resilience and transformative potential for finance, as stated by CEO Ted Pick on Thursday. #Update #Crypto (+3) ↗
@VentureMiner’s AI2Web3 Bootcamp in NYC highlighted the ease of building with AI and Web3, featuring tools like @Coinbase’s AgentKit for creating crypto-enabled AI agents. Participants developed innovative prototypes, showcasing the potential of these technologies. #Update #Tech (+4) ↗
