Among the many hot takes and bold statements shared at the Token2049 event in Dubai on 30 April 2025, Tether CEO Paolo Ardoino’s comment took the proverbial cake. “Fiat currencies are memecoins with extra steps,” he said. Although outlandish, the statement did have some truth to it. As Ardoino explained, humans create fiat currencies, changing…
Just after Paul Atkins took office as the SEC chair, the regulator postponed its decision on approving the Franklin Templeton XRP ETF. The U.S. SEC has also extended its review period on Bitwise Asset Management’s proposed spot Dogecoin exchange-traded fund. As indicated in our previous news brief, Franklin Templeton, an investment management firm overseeing more…
The Federal Emergency Management Agency is making significant changes to how it will respond to disasters on the ground this season, including ending federal door-to-door canvassing of survivors in disaster areas, WIRED has learned. A memo reviewed by WIRED, dated May 2 and addressed to regional FEMA leaders from Cameron Hamilton, a senior official performing…
The troubled Nigerian digital asset platform Crypto Bridge Exchange (CBEX) recently announced new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement after facing claims of collapse. Under the new rules, investors with up to $1,000 in the platform must pay a $100 fee to withdraw 50%…
TL;DR A substantial surge in token burning and rising activity on Shibarium suggest renewed momentum could be building for Shiba Inu’s native token. Additionally, recent exchange outflows signal SHIB holders are shifting to self-custody, which supposedly reduces short-term selling pressure. Time for a New Surge? The second-largest meme coin witnessed a solid price increase towards…
Ripple’s $5B bid for Circle was rejected, with Circle focusing on its IPO and growth trajectory. Ripple continues strategic expansion with acquisitions and RLUSD growth, fueling bullish sentiment for XRP. Ripple made headlines this April with a stunning offer: a proposed $5 billion acquisition of Circle, the issuer of the USDC stablecoin. Previously spotted by…
Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com Chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions into one powerhouse platform.” Tinsley confirmed the acquisition to TechCrunch….
Citing the growth in total tax collections in the first quarter of 2025, Finance Secretary Ralph Recto withdrew the Department of Finance’s proposal to increase capital gains tax, donor’s tax, and estate tax. GROWTH Bill Withdrawal In a statement, Recto said the government is not planning to introduce new taxes; instead, the department will focus…
As mentioned in last week’s forecast of XAUUSD, gold continued its bearish pattern and broke into the 3200s zone. With global tensions, especially the tariff situation easing out, investors were seen shifting their interest from safe-haven assets and shifting to risk-based assets like stocks, or cryptocurrencies. This week, gold is looking to consolidate before the…
Litecoin leads the ETF approval race with a 90% chance, backed by strong regulatory positioning and institutional filings. Solana and XRP are gaining momentum, with increasing institutional interest despite ongoing regulatory hurdles. Complementing the Top 3 Cryptocurrencies Crypto News Flash (CNF) picked last week that were assumed could make waves, as the cryptocurrency market matures,…
