Trump Speaks at Blockworks DAS Conference
In his speech at the Blockworks Digital Asset Summit, US President Donald Trump urged the US Congress to pass legislation that would create simple and common-sense rules for stablecoins and market structure. Trump stated that the US will retain leadership in cryptocurrency and the next generation of financial technologies. He stated that the previous government ended the regulatory pressure on cryptocurrencies and that they support the development of the sector.
Tether Leaves Countries Like Canada and Norway Behind in 2024
Tether bought $33.1 billion of US Treasury bonds in 2024, making it the seventh largest buyer. The company has overtaken countries such as Canada, Taiwan, Mexico, Norway, Hong Kong, South Korea, Germany and Saudi Arabia.
Metaplanet Appoints Trump’s Son Eric Trump to Strategic Advisory Board
Japanese listed company Metaplanet has appointed Trump’s second son Eric Trump as a member of its strategic advisory board.
Mt. Mt. Gox and Ripple Co-Founder Jed McCaleb Reveals Billions of Dollars Plan for Space Station Company Vast
Jed McCaleb, founder of crypto exchange Mt. Gox founder and former Ripple co-founder Jed McCaleb unveiled his space station project, which aims to help humans evolve into a multi-planetary species. Vast plans to launch Haven-1, a commercial space station, into orbit by May 2026.
Nasdaq’s Shift to 24/7 Stock Trading Partly Driven by Cryptocurrencies
Giang Bui, head of US equities and exchange-traded products at Nasdaq, said today’s investors want to buy and sell stocks and other financial assets 24/7, a trend inspired by cryptocurrency markets.
NYSE Arca Files with SEC to Add Staking Functionality to Bitwise Ethereum ETF
NYSE Arca, a subsidiary of the New York Stock Exchange, filed a rule change application with the SEC to add Ethereum staking to the Bitwise Ethereum ETF.
BlackRock’s Head of Digital Assets: Staking Approval
Robert Mitchnick, BlackRock’s head of digital assets, stated that demand for Ethereum ETFs could increase significantly if staking approval is received.
Canary Fills S1 Form for PENGU ETF
Canary files S1 form with the US SEC for the launch of the PENGU ETF.
Changpeng Zhao: Giggle Academy Team Focuses on Product Development, Partnerships Will Come Naturally
CZ stated that the entire team at Web3 education platform Giggle Academy is focused on product development and there is no business development team.
Stablecoin Market Cap Exceeds $230 Billion for the First Time
The total market capitalization of stablecoins has surpassed $230 billion, reaching an all-time high. USDT is the largest stablecoin with a market capitalization of $144 billion, while USDC ranks second with $59 billion.
Telegram-Based TON Foundation Raises $400 Million in Token Sale
The TON Foundation has received over $400 million in investment from investors including Sequoia Capital, Ribbit and Benchmark.
BNB Chain Completes Pascal Hard Fork and Plans Two New Hard Forks
According to the official X account of BNB Chain developers, BNB Chain has completed its Pascal hard fork and announced plans for two new hard forks in the future. Two new hard forks will take place in the first half of 2025 to further increase block speed. The Lorentz hard fork will be implemented in April 2025 and will aim to reduce block time to 1.5 seconds. The Maxwell hard fork will take place in June 2025 and aims to reduce the block time to 0.75 seconds.
7.5 Million UNI Transferred from Uniswap to an Unknown Wallet
According to Whale Alert tracking, 7,588,532 UNI (about $52 million) was transferred from Uniswap to an unknown wallet.
US Bitcoin Spot ETF Recorded $166 Million in Net Inflows Yesterday
US Bitcoin spot ETFs have been positive for 5 consecutive days with net inflows of $166 million. BlackRock Bitcoin ETF IBIT had the largest single-day net inflow at $172 million.
U.S. Ethereum Spot ETF’s Net Outflow Yesterday Was $12.4 Million
Ethereum spot ETFs experienced outflows for the 12th day in a row, with a net outflow of $12.4 million. The largest outflow was from the BlackRock ETF ETHA with $8.95 million.
by Darkex Research – 1 min read
