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China and Russia settle energy trades in Bitcoin, VanEck confirms

China and Russia are now reportedly settling select energy transactions using Bitcoin, according to a recent report by investment firm VanEck. The move marks a shift away from the U.S. dollar-dominated financial system and comes amid heightened global trade tensions. VanEck’s Head of Digital Assets Research, Matthew Sigel, confirmed the development, stating that the adoption … Read more

Crypto whale loses over $15m on TRUMP trades as bad bets stack up

Data from analysts shows even big crypto whales have their off days, with one losing over $15.5 million on a bad run with the TRUMP memecoin. Crypto whales trading the TRUMP (TRUMP) memecoin have been hit hard lately, with some losing millions despite earlier gains, according to data from Lookonchain. In an X post on … Read more

Retailers Backing Off From Leveraged Crypto Trades: Meme Coin Open Interest Plunges 52%

Bitcoin, Ethereum, and even meme coin prices are not moving as rapidly as they were back in December. Bitcoin is clawing back gains, while Ethereum remains below $3,000. Solana is under pressure, trading below a multi-month support level, while meme coins have dropped to around $75 billion in cumulative market cap. – Price Market Cap … Read more

BloFin Launches “Ace of Trades” – A $5.6M USDT Crypto Trading Competition

Cryptocurrency futures and derivatives exchange BloFin is known for hosting some of the best crypto trading competitions to grow and engage its community. Just recently, the platform rolled out another major trading contest called Ace of Trades. The new BloFin trading competition features one of the largest prize funds ever, with $5.6 million worth of … Read more

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Key Takeaways Coinbase petitioned the Second Circuit to declare digital token trades on its platform are not governed by federal securities law. The decision could impact SEC enforcement actions and reshape the regulatory landscape for digital assets in the US. Share this article Coinbase has requested the US Court of Appeals for the Second Circuit … Read more

Small-cap crypto rises ahead of Trump inauguration, bitcoin trades near $100,000

Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration. XRP and litecoin were among the biggest movers, up 13% and 22%, respectively, according to Coin Metrics. The CoinDesk 20 index, a broad crypto market benchmark, gained nearly 5%. Meanwhile, … Read more

Bitcoin rally faces headwinds from Trump’s diverging crypto trades, say experts

Key Takeaways Bitcoin experienced its worst weekly performance due to a strong dollar and Trump’s potential tariff plans. Despite short-term challenges, long-term structural tailwinds for Bitcoin and digital assets remain intact. Share this article Bitcoin’s rise of over 45% in the aftermath of the November 5 presidential election had already lost steam. Analysts anticipate more … Read more

Members of Congress once again outperformed the stock market in 2024 thanks to active trades

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