Analysis: Cryptocurrencies

Operator of OKX crypto exchange enters guilty plea, to pay more than $504 million, US says

The operator of the OKX cryptocurrency exchange pleaded guilty on Monday to violating U.S. anti-money laundering laws by operating an unlicensed money transmitting business, and agreed to pay more...

US SEC closes investigation into Robinhood's crypto arm with no action

Robinhood said on Monday the U.S. Securities and Exchange Commission had closed its investigation into the company's crypto trading arm with no action. Robinhood's shares were up 2.9%...

Brazil Supreme Court orders Rumble suspension in the country

BRASILIA/SAO PAULO -The Brazilian Supreme Court ordered on Friday the suspension of U.S. video-sharing platform Rumble in the country, citing its failure to comply with court orders, in a similar...

Crypto-fiasco: Milei in trouble with Libra - Crypto Recap

The $LIBRA affair could have been just another memecoin in the cryptocurrency universe. It has become a political and financial nightmare. Javier Milei, Argentina's libertarian president, thought he...

Stablecoins enter a new era of political support and Bitcoin integration

Stablecoins are experiencing remarkable growth, now officially recognized as the cornerstone of future digital dollars. Their recent expansion to Bitcoin adds momentum to this trend.

HK comments leave the door open to use of cryptocurrencies as proof of wealth

The Hong Kong government has responded for the first time to questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant talked publicly about two...

Argentina's opposition threatens impeachment trial after Milei touts crypto coin

BUENOS AIRES -Argentine President Javier Milei could face an impeachment trial in Congress, opposition lawmakers said on Saturday, after the libertarian leader touted a cryptocurrency which crashed...

Elon Musk says xAI's Grok 3 chatbot to be unveiled on Monday

Billionaire Elon Musk said on Saturday that his xAI's artificial intelligence chatbot and ChatGPT challenger Grok 3 would be released with a live demo at 8 p.m. Pacific time on Monday . ...

Fund managers boost exposure to bitcoin ETFs, quarterly US filings show

Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024,...

Crypto scams likely set new record in 2024 helped by AI, Chainalysis says

The rise of pig butchering scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm...

Central African Republic: A president, a memecoin and a flash crash - Crypto Recap

A president, a memecoin, and a real-time crash. Faustin-Archange Touadéra wanted to propel the Central African Republic onto the global crypto scene, but his $CAR token collapsed by 95% in 48 hours....

US SEC case against crypto exchange Binance put on hold

A federal judge in Washington, D.C., on Thursday put the U.S. Securities and Exchange Commission's civil lawsuit against Binance on hold for 60 days, granting a joint request by the regulator and the...

Coinbase reports strong fourth-quarter profit on crypto rally

Crypto exchange Coinbase reported a jump in fourth quarter profit on Thursday, driven by higher trading volumes in bitcoin and other tokens following the U.S. election. The company...

Robinhood shares surge as crypto market frenzy fuels record results

Robinhood shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to...

Ethereum poised for a comeback in 2025?

Ethereum lagged behind competitors in 2024, but institutional accumulation and upcoming upgrades could signal a trend reversal.

The $TRUMP token generates $100 million in trading fees - Crypto Recap

100 million dollars in less than two weeks. That's the astronomical sum generated by the $TRUMP cryptocurrency in transaction fees, while thousands of small investors lost money. Behind this cash...

DeFi's Resurgence: Key Trends to Watch in 2025

DeFi had a massive 2024, nearly reaching past all-time highs in TVL and market cap. With new regulations and growing synergies with TradFi, 2025 could be even bigger.

DeepSeek temporarily suspends API service top-ups

DeepSeek has temporarily suspended API service top-ups, a platform that allows developers of other models to integrate its AI models, due to server resource constraints, its website showed Thursday. ...

MicroStrategy deepens bitcoin focus with rebrand

MicroStrategy, the biggest corporate holder of bitcoin, said on Wednesday it would now operate as Strategy and unveiled a new logo to emphasize its commitment to the cryptocurrency space. ...