Brian Armstrong and Tyler Winklevoss have celebrated the defanging of the Consumer Financial Protection Bureau (CFPB) following recent actions taken by the agency’s new leadership. Coinbase has reportedly been the subject of more CFPB complaints than any other exchange. CFPB Chief Orders Shutdown The agency’s newly appointed chief, Russell Vought, selected by President Donald Trump,...Read More
The Seychelles-based cryptocurrency exchange KuCoin has released a performance review report detailing its activities and growth in 2024. According to a copy shared with CryptoPotato, the platform recorded growth across several areas, including the global user base, spot trades, futures market, compliance, and listings. KuCoin Releases 2024 Performance Report One aspect that stood out was...Read More
Pump.fun’s co-founder Alon Cohen has dismissed speculation about an upcoming PUMP token launch. The development comes as the platform is facing a potential class-action lawsuit for the alleged sale of unregistered securities. Token Launch Rumors Cohen addressed the rumors on X, stating, “Seeing rumors about a potential pump fun token – these are wrong.” He...Read More
Ethereum took center stage last week as its price dumped toward $2,100, sparking a surge in investor interest. The leading altcoin saw substantial buying during the dip, which resulted in impressive inflows of $793 million. This was the first time in 2025 that Ethereum surpassed Bitcoin in terms of capital inflows. According to the latest...Read More
Approximately 14,000 bitcoins that had remained dormant for 7 to 10 years were moved on February 10th. Notably, they were not transferred to any exchanges, indicating that an immediate sale is unlikely. Previous instances of similar activity did not always result in a drop in Bitcoin’s value, as noted by CryptoQuant’s analysis. It’s also worth...Read More
Binance founder and former CEO Changpeng Zhao (CZ) has spoken to his followers on X following the listing of TST on the exchange on Sunday. He clarified that while he does not oppose meme coins, he has never personally invested in them. CZ Explains His Views on Meme Coins Addressing concerns about his views, CZ...Read More
[PRESS RELEASE – Los Angeles, CA, February 10th, 2025] Danielle Bregoli, better known as Bhad Bhabie, is shaking up the crypto world with the launch of $BHAD, a community-driven token designed to make a real impact. Unlike typical celebrity crypto projects that often leave fans feeling burned, $BHAD stands for transparency, accountability, and purpose. Bregoli...Read More
The Central African Republic (CAR) recently introduced a national meme coin, CAR, announced by President Faustin-Archange Touadéra. The launch quickly gained attention, not only due to questions surrounding its authenticity but also because a trader reportedly made millions within hours by capitalizing on early market movements following the announcement. Skepticism Mounts Over CAR Meme Coin...Read More
Strategy, the Nasdaq-listed largest corporate holder of bitcoin, which rebranded last week, has resumed its accumulation spree after a weekly hiatus. Co-founder and former CEO Michael Saylor announced the latest purchase on X earlier today. $MSTR has acquired 7,633 BTC for ~$742.4 million at ~$97,255 per bitcoin and has achieved BTC Yield of 4.1% YTD...Read More
It is becoming increasingly difficult to mine blocks on the Bitcoin network. In other words, the security of the leading crypto network is rising by the day, and this is evident in the Bitcoin hash rate hitting a new high. According to data from Blockchain.com, the metric reached an all-time high of 845 million on...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, February 10th, 2025] Partnership to Facilitate Launch of Crypto Credit Card for Seamless Transactions RedotPay, a leading provider of crypto payment solutions, is excited to announce its collaboration with Visa and StraitsX to launch an innovative card program in Singapore. This initiative aims to redefine how users interact...Read More
Dogecoin (DOGE) millionaire has named Rexas Finance (RXS) the next token under $1 likely to transform a $10,000 investment into $1 million. Rexas Finance concluded Stage 11 of its presale, amassing $41 million, signaling robust investor confidence. With its token currently priced at $0.25, this marks an impressive trajectory from its initial $0.03 launch price....Read More
Short positions on ETH have increased dramatically by about 40% in one week and 500% since November, resulting in record levels. “Never in history have Wall Street hedge funds been so short of Ethereum, and it’s not even close,” exclaimed the Kobeissi Letter on Feb. 10. The effects of this “extreme positioning” were seen earlier...Read More
As of 10 February at 12:00 UTC, a new listing – TSTUSDT – the Test Token – is now available to trade on BitMEX, and with up to 50x leverage. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000...Read More
Another volatile week is in store with two big inflation reports due alongside retail sales data. Last week’s mixed recent economic reports still reflect a robust economy and elevated inflation, supporting the case for the Federal Reserve to remain on hold with rate cuts for now. “Meanwhile, ongoing trade war headlines will carry over from...Read More