@cryptonewsdaily.bsky.social
Posting the latest news updates from the world of Crypto, NFTs, and Bitcoin. Posts are NOT promotion, only information
Crypto News & Updates sports update
CRYPTOCURRENCY TO BECOME COMMONPLACE IN UAE IN TWO YEARS
Mohammed Al Hakim, President of Crypto.com UAE Operations, predicts that cryptocurrency will increasingly integrate into everyday life in the UAE within the next two years, reflecting a trend of rapid adoption in the financial sector. Link
Crypto News & Updates sports update
CRYPTOCURRENCY SET TO INTEGRATE INTO UAE DAILY LIFE
Mohammed Al Hakim, President of Crypto.com UAE Operations, predicts a significant rise in cryptocurrency adoption within the UAE over the next two years. This change will reflect a broader trend in the traditional financial sector. Link
Crypto News: Bitcoin, Ethereum sports update
KYBERSWAP FRAUDSTER ANDEAN MEDJEDOVIC INDICTED BY U.S. OFFICIALS
Andean Medjedovic, accused of exploiting KyberSwap and Indexed Finance, has been indicted by federal authorities in New York. This indictment stems from fraud allegations tied to his actions in the cryptocurrency market. Link
Crypto News: Bitcoin, Ethereum sports update
FTX TO BEGIN CREDITOR REIMBURSEMENTS ON FEBRUARY 18
FTX will initiate payouts for creditors with claims under $50,000 on February 18, 2025. Payments will be processed through BitGo and will accrue an annual interest of 9%. Link
Crypto News: Bitcoin, Ethereum sports update
# RUSSIA’S ENERGY MINISTRY TO ESTABLISH CRYPTO MINING HARDWARE REGISTRY
Russia's Energy Ministry plans to create a registry for crypto mining hardware. This initiative seeks to regulate and document mining operations nationwide, thereby enhancing oversight in the sector. Link
Crypto - Bloomberg sports update
# ASIAN STOCKS OPEN HIGHER AMID US-CHINA TRADE DEVELOPMENTS
Asian markets are set for a higher start as traders react to US-China trade tensions and earnings from major US tech firms. China’s reopening is expected to boost trading dynamics, reflecting a more optimistic investor sentiment. Link
Crypto - Bloomberg sports update
PETER THIEL-BACKED CRYPTO FIRM WEIGHS IPO
Bullish Global, a cryptocurrency exchange with backing from billionaire Peter Thiel, is exploring the possibility of an initial public offering later this year, according to sources familiar with the matter. Link
Crypto - Bloomberg sports update
# TRUMP’S CRYPTO CZAR STUDIES US BITCOIN RESERVE FEASIBILITY
David Sacks, the crypto czar, is evaluating a national Bitcoin reserve aligned with Donald Trump’s vision for digital assets. This initiative involves administration officials working with lawmakers to develop appropriate policies. Link
Crypto - Bloomberg sports update
# ELON MUSK'S DOGE INITIATIVE TO REFORM GOVERNMENT
President Trump has launched the Department of Government Efficiency to downsize the federal government using DOGE, Elon Musk's cryptocurrency. Musk is spearheading initiatives from the Executive Office to enhance bureaucracy, focusing on... Link
Crypto - Bloomberg sports update
# TRUMP'S CRYPTO PROJECT ACQUIRES ETHEREUM POST-MARKET CRASH
World Liberty Financial, linked to Donald Trump's family, reportedly bought tens of millions in Ether following a sharp crypto market decline caused by temporary tariffs on Mexico and Canada by the U.S. president. Link
Crypto News: Bitcoin, Ethereum sports update
WAZIRX REPAYMENT CHALLENGES POST HACK
WazirX faces significant repayment delays following a $234 million hack, with creditors potentially waiting until 2030 for resolution. The company explores restructuring and liquidation options, which may influence the outcomes for affected creditors. Link
Crypto - Bloomberg sports update
LUKE PETTIT NAMED TREASURY'S BANK POLICY LEAD
The Trump administration has appointed Luke Pettit, formerly a staffer for Senator Bill Hagerty, to a senior role at the U.S. Treasury focusing on bank policy. This appointment marks a significant shift in the direction of financial oversight. Link
Crypto - Bloomberg sports update
MICROSTRATEGY'S FINANCIAL GAMBITS MEET CHALLENGES
MicroStrategy Inc. has encountered its first significant hurdle in raising capital for Bitcoin acquisitions. The company's ongoing financial maneuvers, previously unimpeded, have faced unexpected complications following a new stock deal. Link
Crypto - Bloomberg sports update
# STABLECOIN LEGISLATION PUSHED FORWARD BY GOP
Senator Bill Hagerty will introduce legislation Tuesday to create a regulatory framework for stablecoins. This initiative reflects growing GOP support for a user-friendly crypto environment, aligning with President Donald Trump's priorities. Link
Crypto - Bloomberg sports update
# KASH PATEL'S $800,000 TRUMP MEDIA STOCK AWARD TRIGGERS CONFLICTS
Kash Patel, a former Trump official, received a stock award exceeding $800,000 from Truth Social's parent company. This sizable award raises concerns about potential conflicts of interest due to his previous roles in... Link
Crypto - Bloomberg sports update
PAYPAL REPORTS STRONG FOURTH-QUARTER EARNINGS
PayPal Holdings Inc. has exceeded Wall Street analyst estimates for its fourth-quarter earnings. The company is shifting its strategy to prioritize profitable growth moving forward, signaling a renewed focus for the fiscal year ahead. Link
Crypto - Bloomberg sports update
# US ETHER ETFS REACH RECORD VOLUME
US ETF investing in Ether saw record trading volumes on Monday. This spike resulted from a significant unwinding of leveraged positions, triggered by ongoing trade tensions during Trump's presidency, which is affecting market stability. Link
Crypto - Bloomberg sports update
# COINBASE URGES REMOVAL OF BARRIERS FOR BANKS' CRYPTO SERVICES
Coinbase Global Inc. is advocating for U.S. banking regulators to clarify rules that would allow banks to offer custody and trading services for cryptocurrencies. This initiative seeks to enhance cooperation between banks and... Link
Crypto News: Bitcoin, Ethereum sports update
TRUMP SIGNS ORDER FOR US SOVEREIGN WEALTH FUND CREATION
Former President Trump has signed an executive order to establish a U.S. sovereign wealth fund. This initiative may pave the way for a strategic Bitcoin reserve, aligning with long-standing aspirations within the cryptocurrency sector. Link
Reddit Bitcoin sports update
AM I THE ONLY ONE LIKE THIS?
A recent post reflects growing interest in Bitcoin's future, with expectations of its value potentially doubling or tripling in the next 5-15 years. Despite this optimism, the poster expresses hesitation about investing in the cryptocurrency market. Link
Crypto - Bloomberg sports update
BITCOIN SLIDES AS US-CHINA TRADE WAR ESCALATES
Bitcoin and other cryptocurrencies experienced increased selling pressure on Tuesday following the escalation of trade tensions between the US and China, as both nations imposed new tariffs on one another. Link
Crypto News: Bitcoin, Ethereum sports update
CHINA IMPOSES RETALIATORY TARIFFS AGAINST U.S. IMPORTS
In response to U.S. trade measures, China's Finance Ministry has enacted tariffs on American imports. This move came just minutes after the U.S. measures took effect, marking a notable escalation in trade tensions between the two... Link
Crypto News: Bitcoin, Ethereum sports update
CRYPTO.COM AND KALSHI UNDER CFTC SCRUTINY
The U.S. Commodity Futures Trading Commission (CFTC) is investigating the legality of futures contracts related to the Super Bowl offered by Crypto.com. The inquiry aims to determine potential regulatory actions regarding these contracts. Link
Crypto News: Bitcoin, Ethereum sports update
WEB3 DEVELOPERS SECURE TOP-TIER SALARIES IN 2024
A recent report shows that Web3 developers are among the highest-paid in tech for 2024. Their expertise in decentralized application (dApp) development fuels the demand, underscoring the growing importance of Web3 skills in the technology... Link
Crypto News: Bitcoin, Ethereum sports update
# BITCOIN AND ETHEREUM SEE SIGNIFICANT GAINS
Cryptocurrency markets rebounded on Monday, with Bitcoin surpassing $102,500 and Ethereum reaching $2,900. This surge came after fears of a U.S.-Mexico trade war eased due to a recent diplomatic resolution. Link
Reddit Bitcoin sports update
# DAILY DISCUSSION ON BITCOIN
On February 4, 2025, the community is invited to a daily discussion focused on Bitcoin. This sticky thread allows for general discourse, encouraging users to explore posts and share insights about Bitcoin trends and developments. Link
Crypto - Bloomberg sports update
GETTING READY TO DIE IN THE UK
In the latest episode of Merryn Talks Money, the focus is on preparing your affairs for peace of mind amid life’s uncertainties. This financial planning is a valuable last gift for loved ones, emphasizing the significance of thoughtful preparation. Link
Crypto News: Bitcoin, Ethereum sports update
# ARGENTINA POLICE ARREST IRIS SCANNING GANG
Authorities in Argentina have arrested five individuals involved in a scheme where iris scans were conducted in a parking lot for cryptocurrency and cash. These arrests underscore the ongoing issues related to illegal crypto activities in the... Link
Crypto - Bloomberg sports update
# EL SALVADOR OFFERS TO ACCEPT U.S. CRIMINAL DEPORTEES
El Salvador's President has proposed accepting convicts from the U.S., including American citizens, to facilitate increased deportations. This offer was made during talks with U.S. officials, marking a major shift in immigration policy. Link
Crypto News: Bitcoin, Ethereum sports update
# BITCOIN MINING FIRMS EXPLORE HASHRATE DERIVATIVES AS BTC RISES
In light of Bitcoin's price surge, mining firms are turning to hashrate derivatives to boost revenue stability and foster business growth. This strategic move is designed to reduce risks linked to the volatile bitcoin market. Link
