Crypto & Finance

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 In this week’s newsletter, the US Securities and Exchange Commission (SEC) has dropped its investigation into the non-fungible token (NFT) company Yuga Labs, a company owned by US President Donald Trump filed trademarks for a metaverse and an NFT marketplace, and gambling platform DraftKings plans to settle its NFT lawsuit for $10 million. In … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 The US crypto industry finally got what it wanted when President Donald Trump announced plans to form a national crypto reserve on March 2. But instead of celebration, the decision sparked backlash — not from the usual suspects in traditional finance or regulators but from within the crypto world itself. The controversy arises from … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 Ripple Labs is free to sell XRP tokens to raise operational capital, according to comments from the company’s chief technology officer. His remarks have sparked concerns among cryptocurrency investors. “XRP isn’t a security because Ripple doesn’t actually owe you ‘utility’ or anything else,” Pierre Rochard, vice president of research at Riot Platforms, wrote in … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 Animoca Brands reported $314 million in bookings for 2024, marking a 12% year-over-year increase. Bookings is a term commonly used in the gaming sector to represent the sum of revenue and deferred revenue. It includes all payments received and potential sales based on contracts not yet fulfilled.  According to Animoca Brands, its Digital Asset … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 The European Securities and Markets Authority (ESMA) clarified the status of custody and transfers of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA). On March 3, Binance announced plans to delist nine non-MiCA-compliant stablecoins, including Tether’s UDSt (USDT), for users in the European Economic Area (EEA). Despite removing the affected … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 Bitcoin may struggle to move above $94,000 after its failed attempt to reclaim the price level two days ago, Bitfinex analysts say. “Any recovery to take the price back above $94,000 might face significant resistance,” Bitfinex analysts said in a March 3 markets report. Bitcoin (BTC) fell below $94,000 on March 2 and has … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 Since US President Donald Trump’s AI and crypto czar, David Sacks, announced plans for the White House to host a summit featuring industry leaders and policymakers, many are questioning what the focus of the event will be. On March 7, according to Sacks, “prominent founders, CEOs, and investors from the crypto industry” will meet … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 Trading volume on Pump.fun, a token launchpad in the Solana ecosystem, has plunged 63% from January to February 2025, data from Dune Analytics shows. The decline comes as memecoins face mounting scrutiny amid a string of scandals. In total, the platform’s trading volume declined from $119 billion to $44 billion in the first two … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 Solana’s planned protocol upgrades are important for the network’s long-term health but could deal a blow to validators’ earnings, according to asset manager VanEck.  In March, Solana’s validators will vote on two proposed upgrades — known as Solana Improvement Documents (SIMDs) — to the blockchain protocol designed to ensure rewards for stakers and adjust … Read more

https://www.effectiveratecpm.com/z8m7az9dh?key=f87d9e52437b1e3703c79341f6fe8e05 Marc Zeller, the founder of Aave Chan Initiative (ACI), unveiled a proposal for Aave’s tokenomics revamp on March 4, which would include a new revenue redistribution model, an “Umbrella” safety system to protect against bank runs, and the creation of the “Aave Finance Committee” (AFC). The proposal is part of Aave’s ongoing tokenomics overhaul … Read more