A reversal in memecoins could come sooner than traders expect, even amid choppy conditions across the broader crypto market, if history is any indication, according to crypto sentiment platform Santiment. “There is a growing narrative of “nostalgia” regarding memecoins, with many traders treating the sector as if it is permanently dead,” Santiment said in a … Read more
Figure Technology, a blockchain-based lending firm, was reportedly hit by a data breach after attackers manipulated an employee in a social-engineering scheme. The incident allowed hackers to obtain “a limited number of files,” a company spokesperson told TechCrunch. The company said it has begun notifying affected parties and is offering free credit-monitoring services to anyone … Read more
ARK Invest has returned to buying shares of Coinbase Global after trimming its position, adding roughly $15 million worth of stock across several of its actively managed exchange-traded funds (ETFs) on Friday. The Cathie Wood-led asset manager purchased 66,545 Coinbase shares through the ARK Innovation ETF (ARKK), 16,832 shares through Next Generation Internet ETF (ARKW) … Read more
US President Donald Trump’s media conglomerate, Trump Media & Technology Group, has filed paperwork with the United States Securities and Exchange Commission (SEC) for two new exchange-traded funds (ETFs) linked to major cryptocurrencies. According to a Friday announcement by its Truth Social Funds arm, the company plans to launch the Truth Social Bitcoin (BTC) and … Read more
Bitcoin investors are being forced to rethink why they hold the asset as inflation data cools, according to Bitcoin entrepreneur Anthony Pompliano. “I think the challenge for Bitcoin investors, can you hold an asset when there is not high inflation in your face on a day-to-day basis?” Pompliano said during an interview with Fox Business … Read more
Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions. Key takeaways: Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds. High interest rates and rising ETH supply make the current staking yield less attractive for long-term … Read more
Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill. The banking industry should not be threatened by crypto companies offering stablecoin yield to customers, and both sides must compromise on the issue, according to White House crypto adviser Patrick Witt. Witt said … Read more
The Netherlands’ House of Representatives advanced a legislative proposal on Thursday to introduce a 36% capital gains tax on savings and most liquid investments, including cryptocurrencies. The legislation reached the 75-vote threshold required to advance, with 93 lawmakers voting in favor of it, according to the House tally. Under the proposal, savings accounts, cryptocurrencies, most … Read more
Passing the CLARITY crypto structure bill could improve market sentiment amid the ongoing downturn, according to United States Treasury Secretary Scott Bessent. The stalling of the CLARITY bill over concerns voiced by crypto industry executives has negatively impacted the industry, Bessent told CNBC on Friday. He said: “In a time when we are having one … Read more
Update Feb. 13, 1:44 pm UTC: This article has been updated to include a comment from Yi He, the co-founder and chief customer service officer at Binance. Three suspects were arrested in France after a reported break-in targeting the home of a senior figure at Binance’s French unit, with the company confirming to Cointelegraph that … Read more