Day: February 24, 2025

Crypto Wins Big as SEC Drops Coinbase, Robinhood Cases

The U.S. regulatory landscape for digital assets is shifting at unprecedented speed, with political undertones driving the changes. Within weeks of President Donald Trump’s return to office, two of the SEC’s most high-profile crypto cases have been dropped. SEC Remains Silent, But Industry Rejoices While the SEC has yet to issue an official statement, the […]

Strategy Buys $2B in Bitcoin, Pushing Holdings to 499K BTC

Strategy, formerly known as MicroStrategy, announced a massive $2 billion Bitcoin purchase on Monday, adding 20,365 BTC to its already record-breaking treasury. The latest acquisition, made at an average price of $97,514 per Bitcoin, reinforces the firm’s aggressive Bitcoin accumulation strategy. Saylor’s $42B ‘21/21’ Plan in Motion The purchase was expected after Strategy revealed plans […]

Kanye West Sends Mixed Signals on Crypto Plans

Rapper Ye, formerly known as Kanye West, has once again baffled the crypto community with erratic social media behavior and conflicting messages about his rumored meme coin project. What Happened? On Sunday, Ye fueled speculation about an official cryptocurrency launch by posting on X (formerly Twitter): “I need my own blockchain.” The post ignited rumors […]

Raydium’s RAY Plummets Amid Pump.fun AMM Speculation

Raydium’s RAY token nosedived 22% on Sunday, sinking to $3.28, as speculation swirled that meme coin launchpad Pump.fun is developing its own automated market-making (AMM) system. According to GeckoTerminal data, RAY’s decline accelerated in the last hour, dropping an additional 5% amid uncertainty over its role in Solana’s trading ecosystem. Neither Pump.fun nor Raydium have […]

Bybit Hacker Ranks Among Top ETH Holders

The Bybit exploiter now ranks as the 14th-largest Ethereum (ETH) holder, per Etherscan analytics—but the true scale of their holdings is obscured by a crucial detail. Unlike legitimate top holders, this actor has distributed stolen funds across 54 separate wallets, making it difficult to quantify their actual dominance in the ETH ecosystem. While Bitfinex, a […]