Day

February 7, 2025
Analysts speculate that rising Ether outflows from crypto derivatives exchanges are bullish, as they may lead to reduced selling pressure and closed leverage positions.
House Bill 1217, introduced by Representative Ben Keathley, aims to establish a Bitcoin reserve fund for Missouri and mandate crypto acceptance for state payments.
BTC price strength faces further risks as prediction markets see a giant beat on US January jobs.
House Financial Services Committee Chairman French Hill said they would work with the Trump administration to deliver dollar-backed stablecoins for Americans.
Traders’ anxiety over “Trump dumps” intensifies as the crypto market sold off ahead of US jobs data on Feb. 7.
Japan’s Financial Services Agency said the action was not about “shutting down crypto investing,” but “drawing a line in the sand” for noncompliant exchanges.
Kentucky’s bill is a “massive vote of confidence in Bitcoin” that brings the US closer to a federal Bitcoin reserve.
Navigating the uncharted waters of the Web3 space requires a partner with a track record, cutting-edge technology, adaptability, global reach and strong ethical standards.
Galipolo also highlighted the regulatory and oversight challenges presented by the widespread use of stablecoins in payments.
BlackRock’s investment comes a day after the world’s largest corporate Bitcoin holder rebranded from MicroStrategy to Strategy.
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