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Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System

Coins Legend January 18, 2025 0

Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power dynamics. Russia and Iran Deepen Ties in Push to Abandon SWIFT Completely Russia and Iran are collaborating to establish a secure

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Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Coins Legend January 18, 2025 0

An expert in applied cryptography has argued that zero-knowledge proofs offer a promising solution for balancing privacy and regulatory compliance in blockchain technology. Low Computational Power Limits ZKPs Use Cases Zero-knowledge proofs (ZKPs) can provide blockchains with privacy without sacrificing regulatory compliance, according to Nanak Nihal Singh Khalsa,

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Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase

Coins Legend January 18, 2025 0

Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is expected […]

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Crypto Comeback: VC Investments Soar 46% in Q4 2024

Coins Legend January 18, 2025 0

In Q4 2024, venture capital (VC) firms invested $3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher than the previous quarter, […]

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Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution 

Coins Legend January 18, 2025 0

Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against the expanding reach of governmental authority […]

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Major Swiss Bank Expands Crypto Offerings With Ethereum Staking

Coins Legend January 18, 2025 0

Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer […]

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Bitcoin Miners Bask in a 16% Hashprice Jump Amid BTC’s Triumphant Rally

Coins Legend January 17, 2025 0

As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as Hashprice Climbs Miners have seen a marked increase in profitability as BTC exceeded

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Tron-Established DSA Backs Trump’s Crypto Ball As World Liberty Financial Eyes TRX Treasury Integration

Coins Legend January 17, 2025 0

On Jan. 17, the Digital Sovereignty Alliance, a nonprofit established by Tron DAO, formally announced its sponsorship of President-elect Donald Trump’s Crypto Ball. In parallel, a source with knowledge of the situation informed Bitcoin.com News that World Liberty Financial, the decentralized finance (defi) arm of the Trump family, is set to integrate TRX into its […]

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Litecoin ETF Inches Closer to Potential Approval Following Regulatory Filings

Coins Legend January 17, 2025 0

Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of multiple spot bitcoin ETFs in January 2024 and subsequent approvals of ether ETFs a few […]

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Wintermute Predicts US Bitcoin Reserve Consultations Will Spark Global Crypto Race

Coins Legend January 17, 2025 0

A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025. Ethereum Acquisition?