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Elon Musk’s DOGE Saves Federal Government $1B Daily—Now Gunning for $3B

Coins Legend January 30, 2025 0

Elon Musk’s Department of Government Efficiency (DOGE) claims it’s slashing $1 billion daily by cutting unnecessary hires, DEI programs, and foreign payments—aiming for $3 billion in savings. DOGE’s $1B-a-Day Cuts Are Just the Start—$3B in Sight! The Department of Government Efficiency (DOGE)

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US Lawmaker Moves to Block SEC Overreach in Coinbase Case

Coins Legend January 30, 2025 0

The SEC’s “un-American” crackdown on crypto is driving innovation overseas, a U.S. senator warned, backing Coinbase in a pivotal legal battle over digital assets. US Senator Calls SEC’s Crypto Approach ‘un-American’ U.S. Senator Cynthia Lummis of Wyoming is taking the fight for crypto regulation to the courts, formally backing crypto exchange Coinbase in its legal […]

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Binance Faces French Probe Over Alleged Money Laundering and Fraud

Coins Legend January 29, 2025 0

French authorities have launched a judicial investigation into cryptocurrency exchange Binance over alleged money laundering, tax fraud, and unauthorized operations. The Paris public prosecutor’s office stated that the probe, covering 2019 to 2024, includes suspected money laundering linked to drug trafficking across the EU. Complaints from users who claimed financial

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No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat

Coins Legend January 29, 2025 0

Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity

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USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers 

Coins Legend January 29, 2025 0

Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum’s canonical stablecoin, maintaining the same

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Report: ‘Solana Is Drinking the Ethereum Milkshake’

Coins Legend January 29, 2025 0

Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentralized exchanges (DEXs), Solana is eating Ethereum’s lunch – and drinking its milkshake – at least that’s how […]

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Bitcoin Technical Analysis: BTC Balances Between Bullish Momentum and Short-Term Resistance  

Coins Legend January 29, 2025 0

As of Jan. 29, 2025, bitcoin trades at $102,785, hovering within a 24-hour range of $100,272 to $103,053. The cryptocurrency’s market capitalization stands at $2.02 trillion, supported by $35.55 billion in daily trading volume. Bitcoin While bitcoin‘s broader trend remains bullish, consolidation near $102,000 reflects caution among traders, with critical resistance at

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Bitwise Seeks SEC Approval for Dogecoin ETF—Will Meme Coins Go Mainstream?

Coins Legend January 29, 2025 0

Bitwise aims to launch a dogecoin ETF, tracking DOGE’s price directly. Will the SEC approve it? The industry anticipates more crypto ETFs in 2025. Bitwise Files for Dogecoin ETF Amid Growing Crypto ETF Trend Bitwise Investment Advisers LLC has formally submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) for a proposed […]

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Coinhold by EMCD: A Smarter Way to Earn Passive Crypto Income

Coins Legend January 29, 2025 0

The crypto market in 2025 is evolving rapidly. Bitcoin recently surged past $109,000 before correcting to $100,500, demonstrating the ongoing volatility in the sector. Ethereum staking inflows reached a record $2.2 billion, reflecting strong institutional interest, while Bitcoin ETFs have now surpassed gold ETFs in total assets under management. Meanwhile, the rise and

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Robinhood’s Futures Trading Revolution Is ‘Coming Soon’—Bitcoin, Gold, and More

Coins Legend January 29, 2025 0

Robinhood, the financial services and trading platform, appears poised to broaden its horizons by venturing into bitcoin futures and multi-asset derivatives markets. This strategic maneuver positions the company to challenge entrenched industry stalwarts such as Charles Schwab while diversifying its product ecosystem. Robinhood to Take on Wall Street Titans With Bold