TradFi coalition urges Trump to overhaul ‘restrictive’ Biden-era crypto policies

Leading financial industry groups have urged President Donald Trump’s administration to roll back federal policies they say have restricted US banks from engaging in digital asset markets and warned that regulatory overreach is hampering American leadership in financial innovation. In a letter sent to David Sacks, Special Advisor for Artificial Intelligence and Crypto and chair…

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The Problem with Ethereum? Ex-Dev Says Progress Is Being Blocked

– Advertisement – Ethereum’s complexity is increasing, making upgrades more difficult. Internal disagreements are slowing EVM improvements. Ethereum’s development path has become a topic of intense debate, with blockchain consultant Pascal Caversaccio highlighting concerns about the Ethereum Object Format (EOF). In his view, the upgrade introduces unnecessary complexity and complicates maintaining and upgrading Ethereum further….

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‘Banks Are Perfectly Able to Serve Crypto Customers, It’s Safe’

Federal Reserve Chair Jerome Powell addressed concerns raised in the Financial Stability Oversight Council’s annual report, particularly regarding the risks of cryptocurrency. Powell was asked whether speculation in this unregulated asset class could harm individuals’ financial well-being, especially in contrast to the broader concerns about the financial system. Powell said that the Federal Reserve’s primary…

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RLUSD Token Sees Rapid Growth in Trading

In a significant development for the cryptocurrency landscape, RLUSD, launched just two months ago, has achieved a remarkable total supply of 120 million tokens and is now actively trading on both the Ethereum and XRP Ledger platforms. This expansion signals a broader range of potential applications for the token across various sectors. How is RLUSD…

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Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident

Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with…

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Injective (INJ) Holds Support Zone, Signaling Potential Bullish Reversal

Technical analysis shows INJ stabilizing near the $10.16 demand zone, historically a key accumulation area before major rallies. Andrew Crypto’s tweet highlights strong buying interest, reinforcing optimism that INJ could recover from oversold conditions and regain bullish momentum. Market indicators, including Bollinger Bands and stochastic RSI, suggest a possible rebound if INJ maintains support and…

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Floki Token Gains Momentum as Market Recovers

The Floki token is making headlines in the cryptocurrency landscape as market sentiments shift positively. With the broader cryptocurrency market showing signs of recovery, this token has become a focal point for traders and enthusiasts alike. Technical analyses indicate a bullish trend for the asset, further driving interest from potential buyers. What Are Experts Saying…

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Can RSI Reveal Altcoin Trading Opportunities?

Bitcoin‘s value stands at $97,600, while the altcoin market is experiencing a subdued trading day marked by decreased volumes. This article delves into the altcoin landscape, particularly as traders increasingly gravitate towards futures trading, causing a surge in short-term focus. This trend is resulting in substantial liquidations across the market. Understanding the Role of RSIWhich…

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Nvidia’s single-day $465B loss surpasses combined market caps of XRP, Tether and Solana

Nvidia’s stock plunged 13% as the Jan. 26 trading session began, erasing approximately $465 billion in market value. This marks the largest single-day market cap decline in history, according to data from Bloomberg. Top Market Cap Single Day Losses (Source: X/Holger Zschaepitz) To illustrate the scale of this loss, Nvidia’s market cap reduction exceeds the…

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An Acceleration Program for Web3 Game Developers

[PRESS RELEASE – Seoul, South Korea, February 24th, 2025] MARBLEX, the web3 gaming ecosystem powered by global gaming giant Netmarble, and Dracoon Ventures, a web3 game-specialized VC, are officially opening applications for MBX/HACK the FUN. This hybrid program combines a hackathon with an acceleration initiative, designed to help web3 game developers build, refine, and successfully…

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