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OKX Pleads Guilty and Shells Out $500M After Violating Anti-Money Laundering Laws

Coins Legend February 25, 2025 0

“OKX was used to facilitate over five billion dollars’ worth of suspicious transactions and criminal proceeds,” said Acting U.S. Attorney Matthew Podolsky. OKX Settles for $500M Following Guilty Plea in Anti-Money Laundering Case Seychelles-based cryptocurrency exchange OKX pled guilty to one

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SEC and Michael Saylor Discuss Crypto Framework That Could Redefine Regulation

Coins Legend February 25, 2025 0

The SEC’s Crypto Task Force met with Michael Saylor to discuss a groundbreaking regulatory framework that could legitimize digital assets, fuel market growth, and secure U.S. dominance. Michael Saylor Pushes SEC for a Crypto Framework That Could Change Everything The U.S. Securities and Exchange Commission (SEC) Crypto Task Force met with Microstrategy’s executive

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Trump’s Tariff Gambit Rattles Markets: Bitcoin Tumbles to a $91,362 Intraday Low

Coins Legend February 25, 2025 0

Bitcoin’s price tumbled Monday evening around 6 p.m. ET after news spread that U.S. President Donald Trump announced plans to impose a 25% tariff on Canadian and Mexican imports, set to take effect March 4, 2025. The development aligned with afternoon drops in major U.S. stock indices, as investors weighed concerns about earnings from the […]

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SEC Drops Robinhood Crypto Investigation

Coins Legend February 24, 2025 0

The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that the U.S. Securities and Exchanges Commission (SEC) has shut down a securities

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Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

Coins Legend February 24, 2025 0

Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a

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BTC Price Analysis: Bitcoin Battles Key Support at $93K – Breakdown or Bounce?

Coins Legend February 24, 2025 0

Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears

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KIP Protocol Denies Involvement in LIBRA Token Launch

Coins Legend February 24, 2025 0

KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its reputation. No Profits or Prior Knowledge of LIBRA Token Launch KIP Protocol has distanced itself from […]

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From Skeptic to Player: Citadel Securities Is Planning to Expand Into Crypto Trading

Coins Legend February 24, 2025 0

Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase,

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Report: Ethena Labs Secures $100M From Top-Tier Investors

Coins Legend February 24, 2025 0

A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market

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Canary Capital’s Spot Hedera ETF Under SEC Review via Nasdaq Filing

Coins Legend February 24, 2025 0

The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list a spot exchange-traded fund (ETF) focused on the native asset of the Hedera Network, HBAR. Nasdaq Files for Spot Hedera ETF, Paving the Way for HBAR Exposure The Nasdaq filing marks […]