Brazil Orders Sam Altman’s World to Halt Crypto Payouts for Biometric Data Collection
Brazil’s data protection authority has directed Sam Altman’s World, formerly Worldcoin, to cease offering cryptocurrency or financial rewards for collecting biometric data from its citizens.This directive, issued on January 24, 2025, comes after an investigation launched in November 2024, following the debut of the World ID project in Brazil. What
Until April, the SEC will not make a decision on BlackRock’s spot Ethereum ETF options.
In a latest development, the US SEC has postponed its decision on BlackRock’s proposal to list and trade options on its spot Ethereum exchange-traded fund (ETF). The new deadline for the SEC’s decision is set for April 9, 2025. The SEC said it will decide on April 9, 2025, whether to approve
Crypto Bloodbath: $325 Billion Wiped Out Amid Market Turmoil
The crypto market has suffered a severe downturn, with $325 billion in market capitalization wiped out since Friday. According to The Kobeissi Letter, a staggering $100 billion was lost within just one hour on Tuesday morning, despite no major headlines triggering the sell-off. Bybit Hack Shakes Confidence The recent crash
Bitcoin Slips Below $90K Amid Market Uncertainty
Bitcoin has dropped to a three-month low, breaking below the $90,000 mark as selling pressure from equities spills into the crypto market. The leading cryptocurrency slid as low as $86,128.21, its lowest since November, before recovering slightly. Equities Sell-Off Weighs on Bitcoin The decline in Bitcoin’s price comes as stock
America’s Crypto Comeback: A New Era of Crypto Innovation
The United States is reclaiming its position as a global leader in crypto innovation. With the inauguration of President Trump, a wave of pro-crypto policies has swiftly emerged, marking a stark departure from the previous administration’s regulatory hostility. These reforms aim to restore confidence among blockchain innovators and stem the
In the Bitcoin Tax Case, Ross Ulbricht Demands Roger Ver’s Release
Ross Ulbricht, the recently pardoned creator of Silk Road, has publicly supported Roger Ver, who currently faces serious tax evasion charges in the United States. On February 20, Ulbricht posted on X, stating, “Roger Ver was there for me when I was down and needed help. Now Roger needs our support. No
Crypto Firms Unite Behind Ted Cruz to Block DeFi Broker Rule
Industry Leaders Urge Congress to Repeal IRS Regulation The Blockchain Association, representing 76 cryptocurrency firms, has urged US lawmakers to repeal the Internal Revenue Service’s (IRS) decentralized finance (DeFi) broker rule. The group argues that the rule poses a significant threat to crypto innovation in the United States and places
Bitcoin Bull Market Can Withstand $77K Price Drop in 2025, Says Analyst
CryptoQuant CEO Dismisses Bear Market Concerns Despite Potential Correction Bitcoin’s ongoing bull market remains intact despite the possibility of a significant price correction in 2025, according to CryptoQuant CEO Ki Young Ju. In a series of posts on X (formerly Twitter) on 19 February, Ki stated that Bitcoin could experience
Crypto market capitalization reaches a critical threshold, indicating a potential 8000x surge for Floki’s opponent.
The cryptocurrency market is buzzing with excitement as the total market cap breaks a critical resistance level, signaling a potential surge in altcoin investments. While established projects continue to attract attention, one standout competitor to Floki is gaining momentum – Lightchain AI. With its presale raising $10.6 million and a
Bitcoin Leads First Major Weekly Crypto ETP Outflows of 2025 at $430M
Crypto ETPs Experience Significant Sell-Off Amid Economic Concerns Cryptocurrency exchange-traded products (ETPs) recorded significant outflows last week, marking the first major sell-off of 2025. According to a report from CoinShares on 17 January, crypto ETPs saw total outflows of $415 million, with Bitcoin (BTC) leading the decline with $430 million
