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DeepNewz

Italy's Largest Bank Makes Spot Bitcoin Purchase, Prepares for Demand from High-Net-Worth Clients
TradFi & Fintech

Italy's Largest Bank Makes Spot Bitcoin Purchase, Prepares for Demand from High-Net-Worth Clients

Italy's largest bank has made a spot Bitcoin purchase, signaling its readiness to meet increasing demand from high-net-worth clients
SEC Chair Gary Gensler Labels Bitcoin Speculative in CNBC Exit Interview, Cites 7 Billion Traders
People

SEC Chair Gary Gensler Labels Bitcoin Speculative in CNBC Exit Interview, Cites 7 Billion Traders

In an exit interview on CNBC, SEC Chair Gary Gensler described Bitcoin as a highly speculative asset but noted that 7 billion people want to trade it
Polygon Launches Season 2 of Community Grants Program With 35 Million POL for AI, DePIN, and Memecoins
Blockchains

Polygon Launches Season 2 of Community Grants Program With 35 Million POL for AI, DePIN, and Memecoins

Polygon has announced the launch of Season 2 of its Community Grants Program (CGP), offering a total of 35 million POL in funding for innovative projects
Circle's 2025 Report: USDC Circulation Up 78% to $46B, Trails Tether's $137B, Serves 500M Users
DeFi

Circle's 2025 Report: USDC Circulation Up 78% to $46B, Trails Tether's $137B, Serves 500M Users

Circle's 2025 State of the USDC Economy Report reveals that the circulation of USD Coin (USDC) grew by 78% year-over-year in 2024, outpacing other major global stablecoins
JPMorgan Forecasts Solana and XRP ETPs Could Attract $3-$8 Billion and $4-$8 Billion, Trading at $185.81 and $2.53
TradFi & Fintech

JPMorgan Forecasts Solana and XRP ETPs Could Attract $3-$8 Billion and $4-$8 Billion, Trading at $185.81 and $2.53

JPMorgan Chase has forecasted that exchange-traded products (ETPs) for Solana and XRP could attract between $3 billion and $8 billion in net inflows if approved by the SEC
Japan, U.S., and South Korea Warn of North Korea's $235 Million Cryptocurrency Theft from WazirX
Regulation & Politics

Japan, U.S., and South Korea Warn of North Korea's $235 Million Cryptocurrency Theft from WazirX

On January 14, 2025, the governments of Japan, the United States, and South Korea issued a joint statement addressing the issue of cryptocurrency theft attributed to North Korea
Bank of England to Assess Digital Pound After Design Phase, Launch Digital Pound Lab in Next Couple of Years
Regulation & Politics

Bank of England to Assess Digital Pound After Design Phase, Launch Digital Pound Lab in Next Couple of Years

The Bank of England (BOE) has announced that no decision has been made regarding the implementation of a digital pound
Bitcoin Surges Past $97,000 After Reclaiming $96,000, Eyes $100,000
Markets

Bitcoin Surges Past $97,000 After Reclaiming $96,000, Eyes $100,000

Bitcoin's price has experienced a notable recovery, surpassing $97,000 as of January 14, 2025
2024 CEX Report: Binance's Spot Share Drops to 39%; Trading Volume Surges 139% Amid $3 Trillion Market Cap
CeFi

2024 CEX Report: Binance's Spot Share Drops to 39%; Trading Volume Surges 139% Amid $3 Trillion Market Cap

The 2024 Centralized Exchange (CEX) Annual Report indicates a surge in crypto trading volumes, with spot trading increasing by 139% and derivatives trading rising by 91% compared to 2023