Is the crypto bull market over? Retail sentiment is ‘worst it’s been in years’
CryptoSlate
by Christina Comben
3h ago
As the crypto markets stall and the fear and greed index hits a low of 35, many investors are wondering if the crypto bull market is over as desperate traders hang on for a long-awaited “Alt Season.” But with a pro-crypto president in the White House issuing executive orders to investigate a strategic bitcoin reserve, […] The post Is the crypto bull market over? Retail sentiment is ‘worst it’s been in years’ appeared first on CryptoSlate ..read more
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Cosmos ecosystem becoming home for RWAs as Ondo Finance reveals new L1
CryptoSlate
by Christina Comben
1d ago
The Cosmos ecosystem is becoming a hub for Real-World Assets (RWAs) with the recent announcement of Ondo Finance’s new Layer 1 blockchain purpose-built for institutional-grade RWAs, Ondo Chain. Ondo Chain was revealed at the Ondo Summit in New York, which featured a surprise closing speaker, Donald Trump Jr. “The future of RWAs in the US […] The post Cosmos ecosystem becoming home for RWAs as Ondo Finance reveals new L1 appeared first on CryptoSlate ..read more
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Maple reports no increase in bad debt, $10M inflows amid recent market crash
CryptoSlate
by Gino Matos
2d ago
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events. Over $10 billion was liquidated in a single day, as Ethereum (ETH) […] The post Maple reports no increase in bad debt, $10M inflows amid recent market crash appeared first on CryptoSlate ..read more
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Public Citizen calls for DOJ probe into Trump’s memecoin promotion
CryptoSlate
by Assad Jafri
2d ago
A government think tank has urged the Department of Justice and the US Office of Government Ethics to investigate whether former President Donald Trump violated federal laws prohibiting government officials from soliciting gifts. The complaint, filed by Public Citizen on Feb. 5, centers on Trump’s promotion of the Official Trump Memecoin (TRUMP) launched last month. […] The post Public Citizen calls for DOJ probe into Trump’s memecoin promotion appeared first on CryptoSlate ..read more
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SEC seeks more time to deliberate on options for Ethereum ETFs, extends review to April 9
CryptoSlate
by Gino Matos
2d ago
The US Securities and Exchange Commission (SEC) has delayed on Feb. 7 its decision on whether to approve options trading on Ethereum (ETH) exchange-traded funds (ETFs), extending the review period until Apr. 9.  The decision, outlined in a Feb. 7 filing, impacts proposals related to Bitwise’s ETHW, Grayscale’s ETHE and Ethereum Mini Trust, and BlackRock’s […] The post SEC seeks more time to deliberate on options for Ethereum ETFs, extends review to April 9 appeared first on CryptoSlate ..read more
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Maryland, Iowa, and Kentucky propose legislation to establish Bitcoin reserves
CryptoSlate
by Gino Matos
2d ago
Lawmakers in Maryland, Iowa, and Kentucky have introduced legislation proposing the creation of Bitcoin (BTC) strategic reserves in their respective states. The latest bills bring the number of US states considering Bitcoin reserves to 17. The proposals aim to integrate Bitcoin into state financial strategies. Kentucky House Bill 376, introduced by Representative TJ Roberts, aims […] The post Maryland, Iowa, and Kentucky propose legislation to establish Bitcoin reserves appeared first on CryptoSlate ..read more
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Japan requests Apple, Google block access to unregistered crypto exchanges
CryptoSlate
by Assad Jafri
2d ago
Japan’s Financial Services Agency (FSA) has requested Apple and Google to block downloads of crypto exchange apps operating in the country without proper registration, local media reported on Feb. 7. According to sources familiar with the matter, Apple removed the apps from its App Store in response, while Google has not yet commented on whether […] The post Japan requests Apple, Google block access to unregistered crypto exchanges appeared first on CryptoSlate ..read more
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Circle’s USDC supply reaches new ATH of $56 billion
CryptoSlate
by Oluwapelumi Adejumo
2d ago
Circle’s USD Coin (USDC) has reached a new milestone, surpassing a total supply of $56 billion. The stablecoin’s rapid expansion reflects growing market demand, with $10 billion in fresh USDC entering circulation in the last month alone. Despite this growth, USDC is miles behind Tether’s USDT, the largest stablecoin with a market capitalization of more […] The post Circle’s USDC supply reaches new ATH of $56 billion appeared first on CryptoSlate ..read more
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CFTC launches pilot program for tokenized stablecoin collateral
CryptoSlate
by Gino Matos
2d ago
The Commodity Futures Trading Commission (CFTC) launched a pilot program to explore tokenized non-cash collateral, including stablecoins, within regulated derivatives markets, according to a Feb. 7 announcement. The CEO Forum will engage industry leaders on the launch of its digital asset markets pilot program. Representatives from Circle, Coinbase, Crypto.com, and Ripple will participate in the […] The post CFTC launches pilot program for tokenized stablecoin collateral appeared first on CryptoSlate ..read more
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Russian Bitcoin miners fear new mining registry could lead to security breaches
CryptoSlate
by Oluwapelumi Adejumo
2d ago
Russian Bitcoin miners are concerned about a government mandate requiring wallet addresses to be included in a national registry. Russian lawmaker Anton Gorelkin highlighted these concerns in a Feb. 7 Telegram post, warning that geopolitical rivals could exploit leaked addresses. He described such a scenario as a major threat, as sanctions could severely impact mining […] The post Russian Bitcoin miners fear new mining registry could lead to security breaches appeared first on CryptoSlate ..read more
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