Coinedict

Newly appointed White House AI and crypto czar David Sacks is prioritizing stablecoin legislation to create a clear regulatory framework for secure, transparent, and aligned stablecoins. Lawmakers expect this to reinforce the US dollar's digital dominance and unlock trillions in new demand for it. A pro-crypto White House and regulatory clarity on the horizon suggest major transformation for the industry, but regulatory hurdles may slow down innovation.

Uphold has resumed staking services in the UK after regulatory changes provided clarity on staking rules. The UK Treasury amended financial regulations clarifying that crypto staking does not fall under collective investment schemes. Other regions will follow suit soon, with plans to relaunch staking services in the US and Europe by June 2025. Staking is a major part of the crypto world, and with clearer rules in place, it will become easier for everyday investors to participate.

President Trump's proposed tariffs on Canada, Mexico, and China cause market turbulence, leading Bitcoin to drop 2.3% to $103k; market uncertainty may cause Bitcoin to drop further to $100k.

Kyiv, February 1, 2025 – Kuna, Ukraine’s first and most influential cryptocurrency exchange, has officially shut down after authorities unexpectedly blocked access to its platform. The move, which took users by surprise, was enforced by the State Service of Special Communications and Information

The Union Budget 2025 is just around the corner, and crypto investors in India are eagerly watching for potential reforms that could reshape the industry. With strict taxation and regulatory uncertainty hampering growth, the upcoming budget presents a crucial opportunity for the government to

The cryptocurrency market is seeing a mix of consolidation, breakouts, and key resistance tests. XRP is in a calm phase, Solana (SOL) has surged 7%, and Ethereum (ETH) is gearing up for a major test at $3,330. Let’s take a closer look at the latest market trends and what could be next for these top

The cryptocurrency market is witnessing renewed momentum, with Bitcoin (BTC) showing strong support levels, Dogecoin (DOGE) attracting buying interest, and Shiba Inu (SHIB) attempting a comeback. As trading volume increases, investors are closely monitoring price movements to assess whether a major

Cardano’s technical patterns and strong fundamentals suggest a potential major price surge for the cryptocurrency, with a target of $2 if the Elliott Wave pattern and bullish indicators continue to play out. Rising ETF hype, strong futures open interest, and upcoming developments add to the potential for a rally in the coming months.

Tuttle Capital has filed for 10 leveraged crypto ETFs, including memecoins like TRUMP and MELANIA, as the SEC reshapes its approach to crypto. If approved, the ETFs could be available as early as April, testing the SEC’s evolving stance on digital assets and paving the way for broader adoption. Other firms, such as Osprey Funds and REX Shares, have also filed for ETFs targeting popular meme coins such as DOGE, TRUMP and BONK.

Ripple has been granted Money Transmitter Licenses (MTLs) in New York and Texas, demonstrating its commitment to compliance and the firm's growing role in the financial ecosystem. The blockchain payment firm now has 55 global licenses, including New York's BitLicense. The move comes as members of Congress are drafting laws for stablecoins, which experts believe may shape the markets future more than Bitcoin-related products. Bitwise's CIO Matt Hougan recently suggested that stablecoin regulations might surpass Bitcoin's.

EOS saw a drop of 10.12% on Monday, trading at $0.7331 and marking its biggest single-day percentage loss since 2015. This decline has led to EOS's market cap dropping to $1.145 billion, significantly down from its peak of $17.53 billion. The cryptocurrency has lost 10.02% of its value over the past week, with Bitcoin and Ethereum also facing losses due to market-wide pressures. Despite these fluctuations, EOS remains a shadow of its former glory, sitting 96.81% below its all-time high.

Ethereum's Layer 2 networks, like Arbitrum and Optimism, are adopting "based" and "native" rollups, improving the blockchain's security and decentralization. These changes come at the expense of revenue from centralized operations, but leaders are committed to long-term benefits. The trade-off is a slow-down in transaction confirmation times, but a more unified and robust ecosystem benefits Ethereum. The push for collaboration between the base layer and Layer 2s shows a clear vision of a better-equipped Ethereum.