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Cryptocurrency News
Bitcoinmagazine
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Image Credit: Bitcoinmagazine
NYDIG to Acquire Crusoe’s Bitcoin Mining Operations
- NYDIG is set to acquire Crusoe's bitcoin mining operations and Digital Flare Mitigation (DFM) business.
- Approximately 135 Crusoe employees will join NYDIG and no job eliminations are expected.
- Crusoe has developed DFM technology to convert natural gas from oil fields into electricity for bitcoin mining and AI workloads.
- Crusoe's bitcoin mining operations have deployed over 425 modular data centers, mitigating greenhouse gas emissions and preventing natural gas flaring.
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Cryptopotato
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340
Image Credit: Cryptopotato
Donald Trump-Backed WLFI Launches USD1 Stablecoin on Ethereum and Binance’s BNB Chain
- World Liberty Financial (WLFI) has launched a stablecoin called USD1, pegged to the US dollar, on both Ethereum and Binance's BNB blockchains.
- The launch of USD1 stablecoin on the BNB Chain came after reports of talks between the Trump family and Binance, but Changpeng 'CZ' Zhao denied any discussions about a business deal or presidential pardon.
- The US Congress is evaluating the GENIUS Act, which may have implications for stablecoins like USD1 to integrate into the financial system.
- WLFI has raised $550 million through two successful public token sales, and the venture remains secretive.
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TheNewsCrypto
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22
Image Credit: TheNewsCrypto
Falcon Finance Surpasses $90M in TVL, Opens Exclusive Giveaway for Its Synthetic Dollar Protocol
- Falcon Finance has surpassed $90 million in total value locked (TVL) with its synthetic dollar protocol.
- The TVL has been created by whitelisted users, mainly early testers and partners.
- Falcon Finance is opening its doors to five community members for early access in celebration of the milestone.
- The company aims to provide users with a steady yield by staking USDf to mint sUSDf, with a yield of over 22%.
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Coin Telegraph
3w
438
Image Credit: Coin Telegraph
Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings
- Latin American bank Nubank, backed by Warren Buffett's Berkshire Hathaway, has expanded its crypto offerings by adding ADA, NEAR, ATOM, and ALGO to its portfolio.
- The combined market capitalization of the four altcoins is $34.6 billion.
- Nubank Cripto now offers a total of 20 different coins to its customers in Brazil.
- Nubank's crypto push in Brazil faces competition from other companies like Binance and Revolut entering the market.
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Pymnts
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Trump Deepens Crypto-World Involvement With Stablecoin Launch
- Decentralized finance company World Liberty Financial (WLFI), backed by the Trump family, is launching USD1, a stablecoin redeemable 1:1 for the U.S. dollar.
- USD1 is backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents.
- The stablecoin aims to provide access to the power of DeFi while maintaining credibility and safeguards of traditional finance.
- USD1 reserves will be held in custody by BitGo, and the coins will be minted on the Ethereum and Binance Smart Chain blockchains.
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Bitcoinsensus
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222
Image Credit: Bitcoinsensus
China May Reassess Its Stance on Crypto, HashKey Capital CEO Chao Deng Told CNBC
- China may reassess its stance on crypto, according to HashKey Capital CEO Chao Deng.
- Hong Kong's favorable crypto environment could influence mainland China's approach.
- The new Trump administration's pro-crypto initiatives may also impact other countries.
- Mainland China could potentially return to being a key player in mining and buying cryptocurrencies.
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13 Likes
Coin Telegraph
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137
Image Credit: Coin Telegraph
SEC nominee Atkins discloses at least $327M in assets ahead of confirmation hearing
- Paul Atkins, nominee for the leader of SEC, disclosed assets worth $327 million with his wife.
- The assets include stakes in Atkins' firm Patomak Global Partners and Tamko Building Products.
- Atkins plans to divest his membership interest and resign as CEO of Patomak if confirmed.
- His confirmation hearing may involve questions about his involvement with high-paying crypto clients.
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Cryptopotato
3w
26
Image Credit: Cryptopotato
Is The Ripple vs. SEC Lawsuit Indeed Over After This Development?
- The SEC and Ripple have reached an agreement to drop the appeal in their lawsuit without conditions.
- Ripple will drop its cross-appeal, and the SEC will keep $50 million of the $125 million fine, with the remaining $75 million to be returned to Ripple.
- The amount is already in an interest-bearing escrow account in cash.
- Ripple's Chief Legal Officer believes this marks the end of the lawsuit.
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Crypto-News-Flash
3w
132
Image Credit: Crypto-News-Flash
Cronos Rally Continues—CRO Price Up 17% on zkEVM v26 & Trump Media Partnership
- Cronos (CRO) token price rose 17% on Tuesday after a previous 18% gain on Monday.
- The price surge was driven by significant news events, including a partnership with Trump Media & Technology Group (TMTG) and an upcoming network upgrade.
- The partnership with TMTG aims to launch crypto-based exchange-traded funds (ETFs) in 2025, contributing to the positive market sentiment.
- The upcoming zkEVM v26 mainnet upgrade is expected to enhance Cronos' capabilities, improving scalability, efficiency, and user accessibility.
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TronWeekly
3w
300
Image Credit: TronWeekly
Top 5 Altcoins to Buy Now: From Cardano to Solana and This New Crypto Under $1 – What Analysts Are Watching in 2025
- Cardano (ADA) is a fundamentally sound altcoin built on a peer-reviewed academic foundation.
- Hedera (HBAR) is an enterprise-focused altcoin with partnerships with top companies, making it a top pick for real-world adoption.
- Shiba Inu (SHIB) is evolving from a meme coin to a complete ecosystem, offering a speculative asset with efforts towards utility.
- Solana (SOL) is a top Layer-1 network known for its speed, scalability, and real-world adoption potential.
- The Last Dwarfs (TLD) is a presale altcoin merging gaming and DeFi, with high upside potential.
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18 Likes
TronWeekly
3w
150
Image Credit: TronWeekly
BONK Continues to Outperform SOL and Leading Memecoins
- BONK continues to outperform other memecoins, including SOL, even during market downturns.
- It acts as a leveraged bet on Solana's growth without the risk of liquidation.
- Institutional interest and an upcoming ETF decision are potential price catalysts.
- BonkBot's buy and burn mechanism supports long-term price stability.
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9 Likes
Crypto-News-Flash
3w
238
Image Credit: Crypto-News-Flash
Ripple vs. SEC: Legal Expert Predicts Fine Reduction from $125M to $10M
- Ripple may settle its SEC case for just $10–12 million, far less than the initial $125 million fine.
- With the SEC backing off its appeal, Ripple gains leverage and may retrieve escrowed funds and lift restrictions.
- Legal expert Fred Rispoli predicts Ripple will only have to pay a fraction of the original fine.
- Ripple CEO Brad Garlinghouse confirms plans to drop the cross-appeal and asks for the removal of the injunction.
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14 Likes
TronWeekly
3w
362
Image Credit: TronWeekly
Trump-Backed USD1 Stablecoin Launch with Big Claims
- Trump-linked WLFI launches USD1 stablecoin, backed by US treasuries, audited for transparency, targeting institutional adoption with BitGo custody.
- USD1's smart contract, deployed 20 days prior, sees over 10,000 transactions, indicating high activity on BNB Chain.
- WLFI's USD1 stablecoin offers access to DeFi with the credibility of traditional finance, providing seamless, secure cross-border transactions.
- Binance CEO CZ warns of fake USD1 tokens and confirms that the official token is not yet trading.
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21 Likes
Bitcoinist
3w
234
Image Credit: Bitcoinist
Bitcoin Poised For Next Big Move? BTC Still Trading Inside A Key Chart Pattern
- Bitcoin has been under bearish pressure, but is gaining upward momentum.
- BTC's price dynamics revolve around the Falling Wedge chart pattern.
- A bullish breakout is expected in the next 10 days, potentially pushing BTC to new all-time highs.
- Key indicators, such as RSI and Bollinger Band, point towards upside strength for BTC.
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