Michigan has become the latest US state to propose a strategic Bitcoin reserve bill, bringing the total number of states moving crypto reserve-related legislation to 20. On Feb. 13, Representatives Bryan Posthumus and Ron Robinson introduced HB 4087
US President Donald Trump has officially signed an executive order to place reciprocal tariffs on the country’s trading partners, which included provisions for non-monetary policies and defined value-added taxes (VATs) as meeting the criteria for a r
Coinbase posted its strongest quarter of earnings in over a year in Q4, as crypto prices and trading surged after the election of US President Donald Trump. Coinbase’s Feb. 13 financial results show the firm hit total revenue of $2.3 billion, up 88%
Crypto scams could have their biggest year yet in 2025, fuelled by the growth of artificial intelligence and professional scamming support services as the fraud industry gets more sophisticated.Blockchain analytics firm Chainalysis said in its Feb. 1
XRP’s price is trading 8% above its $2.26 lows reached on Feb. 7, up 2% over the last 24 hours. With increasing hopes of a spot XRP ETF approval in the United States, traders are closely analyzing its next potential move.XRP Fibonacci levels signal p
Retail investors are increasingly liquidating their Bitcoin holdings amid growing institutional outflows and geopolitical tensions worldwide.The number of Bitcoin addresses with a non-zero balance sunk below 52.45 million, which marks an over five-m
The founder of the crypto scheme CluCoin, who pleaded guilty to wire fraud last year for stealing $1.1 million in investor funds to gamble in online casinos, has asked a judge to spare him from prison.Austin Michael Taylor asked a Miami federal court
Texas lawmakers have refiled a strategic Bitcoin reserve bill under a slightly different name, opening the door to investments in other qualifying cryptocurrencies. “SB 21 would make our state the first to establish a Strategic Bitcoin Reserve and dr
Ethereum-based decentralized borrowing protocol Liquity recorded over $17 million in outflows in 24 hours after advising users to exit positions from its recently launched Liquity v2 Stability Pools.On Feb. 12, Liquity announced that it was running a
United States Federal Reserve Governor Christopher Waller said that stablecoins could expand the reach of the US dollar while calling for a regulatory framework that would allow banks to issue dollar-pegged digital currencies. Stablecoins are an “imp
Update Feb. 13, 12:06 am UTC: This article has been updated to include comments from Robinhood CEO Vladimir Tenev made during the Q4 earnings call.Robinhood shares rose 17% in after-hours trading as its Q4 earnings beat consensus estimates and crypto
US President Donald Trump has nominated the former crypto firm executive Jonathan Gould to head the Office of the Comptroller of the Currency (OCC) — the country’s bank regulator.The White House on Feb. 11 submitted its nomination of Gould to the Sen
The price of Ether jumped 3.5% as CBOE BZX Exchange filed on behalf of asset manager 21Shares to introduce staking to its spot Ether exchange-traded fund (ETF).Ether jumped 3.5% to $2,776 on the news before pulling back to $2,729 at the time of publ
A New York senator has proposed legislation for a crypto task force to investigate the current state of cryptocurrencies and other forms of digital currency in the city. The New York State Cryptocurrency and Blockchain Study Act, introduced by state
The Wyoming Highway Patrol Association (WHPA), a nonprofit organization supporting troopers, dispatchers and civilian support staff of the highway patrol, is reportedly exploring the adoption of Bitcoin, including adding it to its balance sheet.The p
Japanese crypto exchange Coincheck posted a 75% jump in revenue in its fiscal third quarter, which the CEO of its parent company has attributed to a successful merger and subsequent listing on the Nasdaq. According to the firm’s earnings report for i
Bitcoin is witnessing a tough battle between the bulls and the bears near the $95,000 level. Bitcoin fell close to $94,000 after January’s Consumer Price Index rose 0.5% for the month and 3% from a year ago. The numbers were higher than economists’
CME Group, a US derivatives exchange, reported record cryptocurrency trading volumes during the fourth quarter of 2024, according to its Feb. 12 earnings call. In Q4 2024, CME clocked an average daily trading volume of approximately $10 billion for c
Proposed laws to create strategic Bitcoin reserves in American states could drive as much as $23 billion in demand for BTC if passed, according to an analysis by asset manager VanEck.VanEck analyzed 20 state-level Bitcoin reserve bills and found the
The co-founders of crypto mining service HashFlare agreed to plead guilty to one count of conspiracy to commit wire fraud as part of a deal with US authorities.In Feb. 12 hearings in the US District Court for the Western District of Washington, Serge