[ad_1] Today, February 26, the United States Senate Committee on Banking, Housing, and Urban Affairs subcommittee on Digital Assets is hosting a hearing on “Exploring Bipartisan Legislative Frameworks for Digital Assets.” This hearing comes after Donald Trump made cryptocurrency a central focus of his second term, creating a working group in one executive order that was tasked with submitting a report that will “recommend regulatory and legislative proposals.” The Senate Digital Assets Legislation The chairman for this subcommittee is Cynthia Lummis (R-WY), who has been a significant promoter of crypto. She recently introduced a new stablecoin bill, the so-called GENIUS…
Author: NBTC
[ad_1] Bitcoin Suisse, an institutional-grade crypto services provider, is expanding its digital asset offerings with access to four new tokens. In a March 3 announcement Bitcoin Suisse stated that its clients can now trade and custody The Open Network (TON), Optimism (OP), Ethena (ENA) and Ondo Finance (ONDO). The Zug, Switzerland-based firm confirmed that the new crypto trading and custody services are available immediately. TON, OP, ENA, and ONDO are among the top 100 cryptocurrencies by market cap, each serving different crypto ecosystems. Toncoin, the native token of The Open Network blockchain, is used for staking, governance, and transaction fees.…
[ad_1] The cryptocurrency market has hit an exceptionally rough patch in recent trading with, for example, Bitcoin (BTC) collapsing $10,000 in just two days to its press time price of $85,811 — its lowest level since the Trump re-election rally started in early November. Given the sheer volume of selling that led to such a sharp decline, it should come as no surprise that financial institutions operating spot BTC exchange-traded funds (ETFs) have been offloading the cryptocurrency at a record pace, with February 25 alone seeing nearly $940 million in outflows. Is Bitcoin poised to rally after the massive selloff?…
[ad_1] RWA tokenization platform DifiFT has been granted a custodial license from the Monetary Authority of Singapore, enabling it to add custody services for tokenized assets on its platform. DigiFT, a blockchain platform for tokenized real-world assets built on the Ethereum (ETH) blockchain, has received a custodial license from MAS. Before this, DigiFT was already approved to operate a trading platform for security tokens and offer financial services. Now, with this new license, it can also offer custody services for capital market products. This means that DifiFT can now handle everything in one place—that is, issuing, trading, and storing of…
[ad_1] Washington’s battle over cryptocurrency regulation could set up a potential clash between pro-crypto Democratic lawmakers and Senator Elizabeth Warren, a longtime fault-finder of the digital assets industry. The divide comes just months into Warren’s tenure as the liberal leader on the Senate Banking Committee, placing her at odds with some members of her party. Republican lawmakers, who now have Congressional control with a 53 to 47 lead over Democrats, want to make the United States the “crypto capital of the planet” in support of President Donald Trump’s pro-crypto policies. But to see through the laws that Trump would like…
[ad_1] Terminus, a leader in Web3 payments, has integrated with Pumpup AI to combine their AI-driven platform with specialized MEMECOIN leveraging trading capabilities. Through their strategic collaboration, both Fintech firms bring AI-based technology solutions to crypto transactions to improve trading and payment functions across their systems. 🚀 Pumping up the game! 🤝@terminus_pos is partnering with @Pumpup_ai, the world’s first on-chain AI-driven platform for MEMECOIN leveraged trading.About Pumpup AI | Pumpup AI is revolutionizing MEMECOIN trading with AI-powered, margin-free leveraged trading. By offering up… pic.twitter.com/LIFtLB4AGH — Terminus (@terminus_pos) March 3, 2025 Pumpup AI enables traders to improve capital use through margin-free…
[ad_1] The recent Bitcoin price correction has seen it drop 16% below its all-time high (ATH), marking a significant pullback in its current cycle. The correction pushed the price dip beyond the cycle’s average drawdown of -8.54%, but it remains far from the maximum drawdown of -26.25%. In other words, while the market experienced a major crash on Tuesday, the extent of the pullback remains relatively moderate when compared to previous cycles. For context, Bitcoin’s price dipped by over 10% yesterday, crashing below $86K, a new low for 2025. This development sent shockwaves through the broader altcoin markets. Tokens like…
[ad_1] BitMEX co-founder and former CEO Arthur Hayes has expressed skepticism over US President Donald Trump’s recent announcement of a strategic cryptocurrency reserve, describing it as “nothing new” and questioning its viability. Arthur Hayes Slams Trump’s Crypto Reserve Plan as ‘Just Talk’ “Nothing new here just words,” Hayes wrote on X in response to Trump’s post. “Let me know when they get congressional approval to borrow money or push the price of gold even higher. Without that, they don’t have the money to buy Bitcoin and altcoins,” he added. Market Optimism vs. Skepticism Trump’s statement suggesting that Bitcoin (BTC), Ethereum…
[ad_1] On Feb. 26, Zuvu AI and Vana announced a partnership to enhance decentralized artificial intelligence in Bittensor. The goals are to create a more open, financially sustainable AI ecosystem. Zuvu AI (formerly SocialTensor) brings its experience scaling four Bittensor (TAO) subnets, while Vana, recently advised by Binance founder Changpeng Zhao, contributes its pioneering user-owned data network. This collaboration aims to test a new artificial intelligence development model, one that’s open, collaborative, and financially sustainable, by integrating key layers of the decentralized artificial intelligence stack. Creating real-world value Art Abal, Managing Director at Vana Foundation, commented the partnership integrates Vana’s…
[ad_1] Gotbit founder Aleksei Andriunin, a 26-year-old Russian national, was extradited to the U.S. on Tuesday to face fraud charges stemming from allegations that his firm participated in a “wide-ranging conspiracy” to manipulate token prices for paying client cryptocurrency companies, the U.S. Department of Justice said in a press release on Wednesday. Andriunin was arrested in Portugal last October and subsequently indicted by a Boston grand jury on charges of wire fraud and conspiracy to commit market manipulation and wire fraud, charges which carry a combined maximum sentence of 25 years in prison. The indictment also charged Gotbit itself, as…