Cronos, the Layer 1 blockchain linked to Crypto.com, faces strong opposition over a proposal to restore 70 billion CRO tokens burned in 2021. Early voting results on Mintscan show that 87% of participants have rejected the plan. Cronos’ strategic reserve proposal The proposal states reinstating the burned tokens will create a Cronos Strategic Reserve. Crypto.com’s […]
Brazilian football legend Ronaldinho Gaúcho has launched STAR10, his official crypto on the Binance Smart Chain (BNB Chain). The project aims to offer token holders exclusive perks while celebrating his football legacy. In a March 2 post on X, the football star said: “My new one and ONLY OFFICIAL token is HERE! It’s time to […]
The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed digital asset funds on Feb. 27. Lawmakers have argued that creating a dedicated crypto reserve prepares Arizona for an inevitable federal regulatory framework and positions the state to harness emerging financial technologies to […]
The top two digital assets — Bitcoin and Ethereum — are set to close one of their worst months in years this February, with both experiencing double-digit losses. Data from Coinglass shows that Bitcoin has dropped by around 20% this month, marking its steepest decline since June 2022, when it plunged by more than 30%. […]
CME Group revealed the Solana (SOL) futures launch on Mar. 17, pending regulatory approval, citing increasing client demand. Nate Geraci, CEO of The ETF Store, noted that the development “definitely bodes well” for SOL exchange-traded fund (ETF) prospects. According to a Feb. 28 statement, the new Solana futures contracts will be available in two sizes: […]
Ethereum’s upcoming Pectra upgrade faced an unexpected challenge on Feb. 24 that impacted its testing on the Holesky testnet. On Feb. 27, Tim Beiko, Ethereum Foundation Protocol Support Lead, explained that the failure resulted from execution clients—Geth, Nethermind, and Besu—using incorrect deposit contract addresses. This misconfiguration triggered an execution layer (EL) bug, leading to chain splits. […]
The US Securities and Exchange Commission’s (SEC) Commissioner Caroline Crenshaw has criticized the agency’s recent decisions to drop multiple crypto-related cases, calling the move unprecedented and dismissive of long-standing legal principles. The Commissioner also took issue with the SEC’s Division of Corporation Finance for its stance that memecoins do not qualify as securities under federal […]
Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn. The ongoing sell-off has erased nearly all gains recorded after Donald Trump’s election victory, signaling a period of intense volatility. $1 trillion loss Data from CryptoSlate shows that Bitcoin fell by more than 8% […]
Bitcoin’s price dropped to $86,000 on Feb. 27 after struggling to maintain support at $88,000 for the past two days. The sudden price drop caused a swift and aggressive reaction across the market, with everyone from institutions to derivatives traders suffering losses. Despite the significantly larger size of the derivatives market, the spot market seems […]
Former Glassnode analyst and founder of CheckOnChain has highlighted that Bitcoin investors selling coins amid the current drawdown could incur losses, transferring holdings to long-term holders. He stated, “The odd’s we’re in a bear market are not large in my opinion.” Bitcoin’s price fell to $83,223 after a 6.5% correction over the past 24 hours […]