Cathie Wood, the CEO of Ark Investment Management, warns most memecoins would eventually become worthless.  The CEO said his private investment firm would not invest in any of them following her conviction on the absence of a long-term use case for the crypto asset class.  “ The combination of blockchain technology and artificial intelligence is…

Ripple CEO Brad Garlinghouse praises the Trump administration's crypto support, highlighting regulatory clarity, a Bitcoin reserve, and stablecoin innovation. Ripple CEO Brad Garlinghouse has praised the Trump administration’s approach to cryptocurrency, highlighting efforts toward regulatory clarity, a Bitcoin reserve, and stablecoin innovation backed by U.S. Treasuries. White House Signals Support for Crypto Industry Garlinghouse reflected…

Argentine prosecutor Eduardo Taiano has ordered the freezing of all LIBRA tokens linked to the ongoing investigation into the controversial meme coin, which was promoted by President Javier Milei before its collapse. The move aims to prevent asset obfuscation while authorities analyze potential financial misconduct. LIBRA Token Movements Under Scrutiny Taiano has requested a detailed…

Justin Sun announces TRON’s wrapped TRX on Solana, signaling potential collaboration and new opportunities for both blockchain ecosystems.

Bloomberg Analyst and Exchange Traded Fund Expert James Seyffart predicted XRP ETFs would be launched in 2025 following moves made by major asset managers.  Seyffart’s prediction follows Grayscale's recent filing for XRP Exchange Traded Funds. Grayscale joins the growing list of asset managers exploring ETF products for other crypto assets outside Bitcoin and Ethereum.  Grayscale…

Brad Garlinghouse, CEO of XRP’s parent company Ripple Labs, has come under intense fire following accusations of lobbying against the strategic Bitcoin reserve.  Brad Garlinghouse has long been perceived as anti-Bitcoin in the crypto community and allegedly sponsored a $5 million smear campaign against Bitcoin mining.  Key opinion leaders came out gun blazing when the…

The Financial Supervisory Commission of the Taiwanese Government is set to propose a draft law for VASP (Virtual Assets Service Providers) in June this year.  The law will facilitate the permission of banks to issue stablecoins to their clients bridging the gap between traditional finance and Digital assets in the country.  Peng Jinlong, Chairman of…

Eric Balchunas, Bloomberg ETF analyst and Top voice in the finance space pointed out that Litecoin is the crypto asset most likely to receive exchange-traded funds following a recent development around the asset.  Eric was reacting to an X post by James Seyyfart which revealed that Canary Funds have filed an amended S-1 for their…

Coinbase, the largest crypto exchange in the United States announced support for the popular Solana Memecoin Peanut the Squirrel (PNUT).  Coinbase announced the development on X giving details on its listing while warning users against losing their funds from wrong operations.  “ Coinbase will add support for Peanut the Squirrel (PNUT) on the Solana network…

A whopping $227 million worth of Solana was moved to centralized exchanges last week clouding the bullish outlook given by the token's technical indicators.  Last week witnessed the highest influx of SOL to CEX since the third week of March 2024. About $227 million SOL moved to Centralized exchanges in the course of 7 days. …