Bitcoin News and Finance: What You Need to Know

The Bank of Montreal (BMO), Canada’s third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) on Thursday. The regulator requires institutional investment managers who manage more than $100 million […]

Recently unsealed court records indicate that a family was kidnapped by a group of six individuals in Chicago last November. Kidnappers asked for a $15 million ransom in cryptocurrency before releasing the family near a dry cleaning business. Kidnappers Demand $15 Million Crypto Ransom for Release of Family in Chicago As crypto gains relevance, more […]

The non-fungible token (NFT) enterprise Doodles has unveiled plans to debut a Solana-powered digital currency, capped at roughly 10 billion units. NFT Project Doodles Sets 10 Billion ‘DOOD’ Tokens in Motion On Thursday, the brand’s X account proclaimed the arrival of *DOOD*, its official blockchain asset. “Introducing DOOD, the official token of Doodles,” the announcement […]

The SEC and Binance have agreed to pause their lawsuit for 60 days as regulators craft new crypto rules, a move that could reshape digital asset oversight in the U.S. SEC and Binance Reach Agreement to Pause Lawsuit for Regulatory Review The U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings Ltd., BAM Trading […]

Bitpanda has secured approval from the UK’s Financial Conduct Authority (FCA) to operate in the United Kingdom, marking a significant regulatory milestone for the European cryptocurrency platform. This approval, along with a recently obtained MiCAR license, allows Bitpanda to expand its offerings in the UK, which include a range of crypto products such as staking, […]

Bahrain’s central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer Bahrain’s central bank is drafting regulations on stablecoin issuance, the Middle Eastern country’s Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa recently disclosed. Once enacted, the stablecoins are expected to […]

Much of the revenue was generated in November which topped $367 million or nearly $100 million more than the revenue generated in the entire previous quarter. Application Revenue on Solana Shoots up 213% Several so-called “Ethereum Killers” like Cardano and EOS have come and gone, but thus far, only Solana has given the “world computer” […]

New legislation in the House and Senate seeks to regulate stablecoins, enforcing strict reserve requirements, banning tech giants from issuing them, and cracking down on offshore loopholes. New Bills in House and Senate Seek to Establish US Stablecoin Regulations The U.S. House Committee on Financial Services Democrats announced on Feb. 10 the introduction of a […]

Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were […]

Ukraine is set to fully legalize cryptocurrency by mid-2025, according to Danilo Getmantsev, Chairman of the Committee on Finance, Tax, and Customs Policy. Legislation for Crypto Regulations Near Approval in Ukraine Ukraine is preparing to officially legalize cryptocurrency by the summer of 2025, marking a major step toward integrating digital assets into its financial system. […]

Ripple expands in Europe, bringing instant, low-cost blockchain payments to Portugal and revolutionizing transfers on the Portugal-Brazil corridor. Ripple’s European Footprint Grows—First Ever Launch of Its Payments Solution in Portugal Ripple announced a partnership with Unicâmbio, a Portuguese currency exchange provider, on Feb. 10 “to support instant cross-border payments between Portugal and Brazil using Ripple […]

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how the Brazilian government is divided regarding crypto, and how this might affect the growth of its crypto economy. Latam Insights Encore: Brazil, Still Not a Pro Crypto Country Brazil, one […]

Bloomberg ETF analysts Eric Balchunas and James Seyffart have compiled a list of crypto ETF applications that they believe will have shot at being approved by the U.S. Securities and Exchanges Commission (SEC) this year, and assigned a probability of approval to each filing. At the top of that list is the Litecoin ETF application […]

Crypto exchange, Gate.io has signed a multi-year partnership with Oracle Red Bull Racing, with the collaboration aiming to accelerate crypto adoption. Gate.io Partners with Red Bull Racing for Increased Crypto Visibility in Formula 1 Gate.io, a global crypto exchange has announced an exclusive partnership with Oracle Red Bull Racing, the eight-time championship-winning Formula 1 team. […]

Markets are crashing, and the world may be heading into a “Greater Depression,” warns Robert Kiyosaki, predicting mass unemployment and financial turmoil. Robert Kiyosaki: The World May Be Entering Into Another ‘Greater Depression’ Robert Kiyosaki, author of Rich Dad Poor Dad, has reiterated his long-standing prediction of a historic market collapse, stating that his 2014 […]

Texas is advancing plans for a strategic bitcoin reserve, aiming to strengthen its financial security, encourage community investment, and reinforce its role in digital asset innovation. Bitcoin Reserve Bill Progresses in Texas Legislature The Texas Strategic Bitcoin Reserve Act was read on Feb. 7 and referred to the Senate Finance Committee for review. Senate Bill […]

Tanzanian billionaire Mohammed Dewji’s social media account was recently hacked by crypto scammers who promoted a fake digital asset, the “Tanzania token.” Tanzania Token The social media account of Tanzanian billionaire Mohammed Dewji was recently hacked by crypto scammers, who promoted a fake digital asset to his 2.2 million followers. The scammers used a deepfake […]

Swedish fintech innovator Klarna is exploring cryptocurrency integration within its platform, signaling a strategic pivot amid preparations for a prospective U.S. IPO. $15B IPO and the Possibility of Crypto In a Feb. 8 announcement via X, CEO Sebastian Siemiatkowski affirmed Klarna’s willingness to embrace crypto while explicitly excluding digital assets from its signature “buy-now-pay-later” (BNPL) […]

Bitcoin is the “smarter and safer” choice than the U.S. dollar, Rich Dad Poor Dad author Robert Kiyosaki says, predicting a market crash will push billions into BTC. Bitcoin Over US Dollar? Kiyosaki Declares It’s the Smarter, Safer Bet Financial educator Robert Kiyosaki, renowned for his best-selling book “Rich Dad Poor Dad,” continues to advocate […]

Blackrock is seeking to launch a bitcoin ETP in Europe, capitalizing on institutional demand after its U.S. bitcoin ETF amassed nearly $60 billion in assets. Blackrock Eyes Europe for Bitcoin ETP Amid Institutional Crypto Boom Blackrock, the world’s largest asset management firm, is reportedly preparing to introduce a spot bitcoin exchange-traded product (ETP) in Europe, […]

Bitcoin’s computational backbone has shattered records once more, clocking in at 852 exahash per second (EH/s) in February 2025, heralding the dawn of the zettahash epoch with an impending 14.8% amplification. Hashrate Hyperdrive: Bitcoin Defies Sluggish Traffic to Blast Into Uncharted Territory On Feb. 8, 2025, Bitcoin’s processing velocity eclipsed its prior pinnacle of 840 […]

From last week it has felt like most crypto market participants are exhausted. After a whirlwind of meme coin pumps, dramatic price swings, and sentiment whiplash, it’s easy to see why many are feeling that way. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to […]

A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to Nigeria’s Digital Economy A coalition of software firms recently launched what has been described as Nigeria’s first “compliant” stablecoin, cNGN. The stablecoin, which is now […]

In a positive turn of events, the court released the 31-year-old developer and placed him under house arrest and electronic monitoring until his trial. Tornado Cash’s Alexey Pertsev Regains Freedom Following Court Decision After languishing in a Dutch jail for nine months, Alexey Pertsev, one of the developers of the cryptocurrency mixer Tornado Cash, was […]

Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations. Balancer Launches Boosted Pools On Top Of Arbitrum Balancer, a decentralized finance protocol with […]

The Commodity Futures Trading Commission (CFTC) which regulates the U.S. derivatives market said it will hold a CEO Forum with leaders from Coinbase, Ripple, Circle, Crypto.com, and Moonpay to evaluate a digital asset markets pilot program. The announcement was made on Friday and the purpose of the program will be to establish regulatory clarity around […]

The FDIC’s release of 175 documents marks a major shift toward transparency, signaling new opportunities for banks to engage in crypto as regulators reassess outdated policies. Regulators vs. Crypto: FDIC Signals New Approach With Massive Document Dump The Federal Deposit Insurance Corporation (FDIC) released 175 documents on Feb. 5, detailing its oversight of banks engaged […]

Over the past week, there has been a significant amount of controversy directed at the newly established Department of Government Efficiency (DOGE). Although opinions remain divided regarding its operations, artificial intelligence (AI) and blockchain technology will likely be employed to better optimize government spending on a permanent distributed ledger system. A Look at How DOGE […]

Driven by beliefs in bitcoin’s potential for significant gains, some U.S. parents are shifting a portion of their children’s college savings from traditional 529 plans to cryptocurrency. Disappointing 529 Returns Prompt Bitcoin Interest Some U.S. families are reportedly putting a portion of their children’s college savings in bitcoin (BTC), believing the cryptocurrency typically outperforms stocks. […]

The SEC’s Crypto Task Force unveiled 10 priorities, including asset classification, jurisdiction, token offerings, registration, broker-dealers, custody, lending, staking, ETPs, and global coordination. SEC’s Crypto Task Force: Key Priorities and Regulatory Roadmap U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has outlined the priorities of the recently formed Crypto Task Force, presenting a structured […]