Why was Cardano added to the U.S. Crypto Reserve by Trump?
U.S. President Donald Trump’s decision to include Cardano’s native cryptocurrency ADA in his planned “strategic crypto reserve” sent shockwaves through the blockchain community, and it made massive gains. ADA’s value jumped more than 70% in under 24 hours as investors scrambled to fill up their bags of the newly crowned
Trump Names XRP, SOL, ADA in U.S. Crypto Reserve, Excludes Bitcoin
U.S. President Donald Trump revealed plans for a U.S. Crypto Reserve, naming XRP, Solana (SOL), and Cardano (ADA) as key assets. The decision, shared on his Truth Social platform, aims to strengthen the U.S. crypto industry and counter past regulatory crackdowns. Notably, Bitcoin (BTC) and Ethereum (ETH)—the two largest cryptocurrencies—were
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
Ethereum Foundation Donates $1.25 Million to Tornado Cash Developer’s Legal Defence
The Ethereum Foundation (EF) has pledged $1.25 million to support Tornado Cash developer Alexey Pertsev as he prepares to appeal his money laundering conviction in the Netherlands. Foundation Stands by Privacy Rights Announcing the donation on social media platform X on 26 February, the EF reaffirmed its stance on digital
Ethereum News: Prior to the Pectra Upgrade, an Important Note Is Issued
In an X post, Ethereum validators have been reminded about changes coming with the Pectra upgrade According to reports, the update, set to go live in April, will affect staking, validator operations, and penalties. Major Updates Validators Need to Make In recent Ethereum news on the new update, one of
Ethereum Hits 12-Day High as Exchange Supply Reaches Record Low
Ethereum surged to a 12-day high of $2,832 before settling around $2,720, marking a 2% daily increase. This price movement comes despite the broader crypto market experiencing a 2.4% decline. The rise follows months of underperformance, with ETH struggling to keep pace with other major cryptocurrencies. Blockchain analytics firm Santiment
Ethereum Targets March 2025 for Pectra Mainnet Upgrade
Ethereum devs have begun preparations for the awaited Pectra mainnet upgrade, which is now scheduled for March 2025. Originally scheduled for late 2024, this upgrade was delayed because of added features and scope. The upgrade is designed to increase the efficiency and user experience of the Ethereum network almost ninefold. Early key
Ethereum Foundation Injects $120M into DeFi, Boosting Community Confidence
Major Investment in Aave, Spark, and Compound The Ethereum Foundation has allocated 45,000 Ether (ETH), worth approximately $120 million, to decentralised finance (DeFi) protocols Aave, Spark, and Compound. This move comes in response to concerns from the Ethereum community regarding the foundation’s reliance on selling ETH to fund its operations.
Solana DEX Volume Surpasses $60M, Extending Lead Over Ethereum
Solana has maintained its dominance in decentralized exchange (DEX) trading, extending a four-month winning streak over Ethereum. According to DeFiLlama, Solana-based DEXs have recorded over $60 million in trading volume this month, nearly doubling Ethereum’s $34 million. The surge in activity highlights Solana’s growing role in decentralized finance (DeFi), as
