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Author: James Wilson
The House Business and Labor Committee in Montana has advanced a bill that seeks to establish a reserve allowing investments in Bitcoin, precious metals, and stablecoins. Introduced by Representative Curtis Schomer, House Bill 429 first landed in the House on Feb. 7 and has now cleared its first major hurdle with a 12-8 committee vote on Feb. 19. Despite unified opposition from Democrats, the bill secured enough support from Republicans to move forward. Now, the bill heads to the full Montana House for a vote. If it passes there, it will move to the state Senate for further debate and…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cryptocurrency token BeerBear, priced at $0.0005 in presale, is gaining attention for its gaming and governance features. As the cryptocurrency market continues to evolve, new tokens with innovative ecosystems are capturing attention. One such project, BeerBear, has emerged as a potential contender in the space. Currently priced at $0.0005 in its presale phase, BeerBear is drawing interest due to its structured pricing model, gaming incentives, and community-driven governance. Analysts are now exploring its possible trajectory by March 2025 and…
Sony Group and Astar Network are launching a campaign with a 100 million ASTR reward to drive adoption and growth on the Soneium ecosystem. According to a press release sent to crypto.news, Japanese blockchain ecosystem Astar (ASTR) Network has partnered with Sony Group’s Ethereum layer 2 mainnet, Soneium, to launch the Astar Contribution Score campaign, which rewards users for actively engaging and providing liquidity in the Soneium’s DeFi ecosystem. The ACS campaign will run for 100 days, starting from Feb. 20 until May 30, 2025. During the campaign, participants can earn points by interacting with applications, providing liquidity to DeFi…
World Liberty Financial withdrew $10 million USDC from Coinbase to buy 200 million WLFI tokens and spent another $125,000 USDC to purchase 547,990 SEI at an average price of $0.228. The transaction which took place on Feb. 20 was reported by on-chain analytics platform Onchain Lens. This purchase comes on the heels of WLF’s Macro Strategy announced on Feb. 12. The Macro Strategy is a strategic token reserve aiming to strengthen WLF’s position in decentralized finance. WLF said the reserve will promote stability in the larger crypto ecosystem and assist in supporting popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).…
The Ethereum Foundation has announced the launch of a new framework aimed at simplifying cross-chain asset transfers across the Ethereum ecosystem. Ethereum (ETH) developers introduced the Open Intents Framework alongside major layer-2 networks, wallets, and infrastructure providers. The initiative is designed as a public good to standardize cross-chain transfers. As an ecosystem-wide interoperability effort, the Open Intents Framework provides a modular infrastructure platform that developers across different chains can integrate to offer users a seamless cross-chain transaction experience. With Ethereum evolving into a multi-chain ecosystem, intents play a critical role in enhancing user interactions. Their adoption allows users to access…
Pump.fun, the Solana-based meme coin launchpad, deposited 65,122 SOL ($11M) adding to its substantial exchange activity. According to a Feb. 20 X post by on-chain analytics firm Lookonchain, the platform has now transferred 2.35 million Solana (SOL) ($473 million) to Kraken and sold 264,373 SOL for $41.64 million USDC, while its total earnings stand at 2.93 million SOL ($515 million). Pump.fun’s daily trading volume fell 52% from its monthly high of $243 million on Feb. 11, averaging 122 million on Feb. 19, according to a Dune dashboard. This drop follows the LIBRA token controversy involving Argentine President Javier Milei. Milei’s…
Notable investor Stephen Weiss took profits from his Bitcoin position via BlackRock’s iShares ETF. Weiss, founder and managing partner at Short Hills Capital Partners, said on CNBC’s “Halftime Report” he booked profits from an investment in BlackRock’s iShares Bitcoin Trust. Weiss disclosed that his trading plan was always to sell a portion of his position when Bitcoin’s momentum cooled. Bitcoin was trading below $45,000 when the Securities and Exchange Commission approved a dozen spot Bitcoin exchange-traded funds. The cryptocurrency reached an all-time high of $108,786 on Jan. 20, more than doubling its price from the previous year. The U.S. Securities…
The U.S. Securities and Exchange Commission (SEC) has acknowledged a 19b-4 filing from Cboe BZX Exchange, submitted on behalf of 21Shares, seeking approval to stake Ethereum held within the 21Shares Core Ethereum ETF. On Feb. 20, the SEC published a statement acknowledging receipt of the 21Shares’ Ethereum (ETH) ETF staking proposal following its review of the filing from Cboe BZX Exchange. If approved, this would be the first time an Ethereum ETF offers staking in the United States. By staking ETH, the plan seeks to enable the ETF to produce extra profits, which investors would then receive. The document states that all…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE coin faces a sell-off, while WallitIQ surges 700%, with experts predicting it as a top crypto gainer of 2025. The crypto market is buzzing with contrasting fortunes — while PEPE coin holders scramble to offload their holdings after a staggering $5 million whale sell-off, a new powerhouse is emerging. WallitIQ is leading a remarkable 700% buying surge, signaling a shift in investor sentiment. Crypto experts predict that this AI-powered Ethereum-based token will be the standout gainer of 2025,…
Coinbase is pushing Congress to pass legislation that provides regulatory clarity for the cryptocurrency industry, arguing that inaction leaves consumers vulnerable and drives innovation overseas. In a two-page statement, Coinbase Chief Policy Officer Faryar Shirzad emphasized the urgent need for a framework that fosters responsible innovation while protecting investors. Shirzad highlighted that blockchain technology and digital assets offer economic opportunities, financial inclusion, and innovation. However, without clear rules, developers face uncertainty, and consumers lack proper protection. “Blockchain and digital assets aren’t just technological advancements; they open doors to financial freedom, innovation, and economic empowerment,” Shirzad wrote. He warned that the…