Tag: Crypto
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Janover Doubles Down on Solana with $10.5M Investment, Boosting Treasury Strategy
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Real estate-focused fintech firm Janover has significantly expanded its digital asset portfolio, acquiring an additional 80,567 Solana (SOL) tokens for approximately $10.5 million. This move brings the company’s total SOL holdings to 163,651.7 tokens, now valued at over $21.2 million. Digital Asset Strategy Accelerates The latest purchase aligns with Janover’s broader plan to enhance its…
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Crypto’s Debanking Dilemma: Regulation Rises, Barriers Remain
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Despite recent policy wins across the US and Australia, the crypto industry continues to grapple with restricted access to traditional banking services. “Debanking” — where banks refuse to serve crypto firms — persists as a major roadblock to growth and legitimacy, raising concerns across major jurisdictions. Progress in the US, But Problems Persist In the…
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Only 11% of Bitcoin Firms in El Salvador Operational, Says Central Bank
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Majority of Providers Fail to Meet Bitcoin Law Requirements Only 20 of the 181 Bitcoin service providers registered with El Salvador’s Central Reserve Bank are currently operational, according to a recent report by local outlet El Mundo. This figure represents just 11% of the total firms, with the remaining 161 listed as non-operational due to…
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Solana Outpaces Ethereum with 20% Rally, Eyes $300 Milestone Despite Network Hurdles
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Solana (SOL) has surged over 20% against Ethereum (ETH) in the past week, sparking speculation of a potential breakout to $300. However, a steep climb remains as on-chain activity falters. SOL/ETH Ratio Hits Record Weekly Close Solana’s strong performance against Ethereum continued this week, with the SOL/ETH trading pair reaching a multimonth high. On 13…
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Bitcoin’s Path to $1.8M by 2035: Analyst’s Bold Prediction
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Despite recent price fluctuations and global trade tensions, Bitcoin remains on track for a monumental rise to $1.8 million by 2035, according to market analyst Joe Burnett. The long-term outlook for the cryptocurrency giant continues to inspire confidence among industry leaders and investors. The $1.8M Forecast: Models and Momentum Joe Burnett, director of market research…
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Trump Strikes Down IRS Crypto Rule: A Win for DeFi Innovation
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In a landmark moment for the crypto industry, U.S. President Donald Trump has signed a resolution overturning an IRS regulation that targeted decentralized finance (DeFi) platforms. This marks the first successful pro-crypto legislation to clear Congress, signalling a potential shift in U.S. policy towards digital assets. IRS Rule Revoked: What It Means for DeFi The…
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Trump Memecoin Faces Market Shock as $321M Token Unlock Looms
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Value plunges 89% since January peak amid investor losses United States President Donald Trump’s official memecoin is set to face a major market test next week, as $321 million worth of vested tokens are due to be unlocked on 18 April. The release is expected to significantly impact the token’s already volatile price, which has…
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Bitcoin Miners Generate $800 Million in Q1 2025 as Trump’s SEC Pick Confirmed
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Top Bitcoin Miners See Massive Q1 Output The first quarter of 2025 has seen record-breaking Bitcoin production, with the largest publicly traded mining companies generating nearly $800 million worth of BTC. A total of over 9,700 Bitcoin were mined, based on data compiled from public filings, as the cryptocurrency continues to hover around all-time highs.…
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Bitcoin Faces Pressure Amid Market Turmoil, Risks Dropping to $71,000
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BTC price dips as US-China tariff tensions and stock market volatility fuel investor anxiety Bitcoin’s price took a hit on April 9, briefly falling below $75,000 before rebounding to around $78,300 as Wall Street opened. The cryptocurrency mirrored the extreme volatility in US stock markets, driven by escalating US-China trade tensions and investor uncertainty, raising…
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Freedx Secures Key DASP License in El Salvador
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Dubai, UAE/ San Salvador, El Salvador, Freedx, a centralized exchange built for crypto newcomers and experienced traders alike, has been granted a Digital Asset Service Provider (DASP) license by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. This marks a significant milestone for Freedx that showcases the exchange’s commitment to become a trusted, compliant and…