Popular Bitcoin mining and digital infrastructure company Riot Platforms announced record-breaking financial results for the year 2024, as a result of a significant increase in mining revenue and strategic acquisitions. The company, listed on Nasdaq, reported $376.7 million in total revenue in 2024, which was up over 34% from 2023’s $280 million, despite challenges in…
Coinbase CEO Brian Armstrong has weighed in on President Trump’s Crypto Strategic Reserve, suggesting that Bitcoin alone would be the best option. Responding to White House AI and Crypto Czar David Sacks on X, Armstrong outlined two potential strategies for structuring the reserve. The first strategy would treat Bitcoin (BTC) as the modern equivalent of…
Key Takeaways El Salvador is positioning itself as a tech hub with new policies and zero tax rates for tech industries. President Nayib Bukele discussed AI development and regional tech investment opportunities with a16z co-founders. Share this article El Salvador President Nayib Bukele recently held talks with a16z’s co-founders Ben Horowitz and Marc Andreessen at…
Pakistan has announced plans to establish a National Crypto Council dedicated to overseeing cryptocurrency policy and regulation. According to local news report dated 26 February 2025, “the finance ministry announced it was considering “establishing a National Crypto Council” to adopt emerging digital currencies, in line with global trends.” The country’s proposed National Crypto Council will…
A violent crime in Jeju City, South Korea, has highlighted the dangers of cryptocurrency transactions conducted in unregulated settings. A Chinese man in his 30s was found dead in a luxury hotel room on February 24 after suffering multiple stab wounds. Authorities believe the murder was linked to a crypto transaction gone wrong. Four Arrested…
In 2024, meme coins became one of the most traded and discussed aspects of the cryptocurrency sector. Critics argue they give the industry a bad image. Others enjoy the gambling thrills and, at times, mind-boggling returns. If and when the U.S. government steps in to regulate this controversial industry, what will the outcome look like?…
Key Takeaways Trump has proposed a US Crypto Reserve to strengthen the digital asset sector. XRP, SOL, and ADA are highlighted by Trump as key assets for the proposed reserve. Share this article President Donald Trump said Sunday that XRP, Solana (SOL), and Cardano (ADA) would be included in the US crypto reserve. The statement…
The cryptocurrency market is at a turning point, with major developments unfolding for Qubetics, Solana, and Celestia. As Qubetics launches its innovative crypto wallet and surges in presale success, Solana generates institutional interest with its futures ETF registration, while Celestia’s modular blockchain redefines scalability. With the rising demand for secure wallets, scalable blockchain networks, and institutional…
There’s no way to sugarcoat what transpired in the cryptocurrency market in the past week. Take bitcoin, for example. It challenged the $100,000 level on February 21 but slumped by over twenty grand in the following week to dump to a three-month low of $78,000 last Friday, February 28. Although it managed to recover some…
VeChain claims to have strong fundamentals with a decent token that is currently retracing along with Bitcoin and other cryptocurrencies. Investors are still optimistic about this token, let’s find out if it can bounce back in the near future. The native token of VeChain (VET) is currently trading at $0.031 which is about a 18%…
