Crypto

Guernsey has enforced a German confiscation order, seizing £8.59m at RBS International under Aquitaine Group Limited found to be under Ruja Ignatova’s control. The sum stems from sales of two London apartments and has moved to Guernsey’s Seized Asset Fund for victim compensation and law enforcement. The post Guernsey Seizes $11.4M in OneCoin Fraud as Cryptoqueen’s Empire Crumbles appeared first on Cryptonews.

Technical charts highlight improving fundamentals in Bitcoin and select altcoins, but bears selling the range highs and softening investor sentiment threaten to snuff out the recovery. Key points: Bitcoin is attempting to find support near the $88,000 level, signaling a positive sentiment. Buyers will have to defend the support levels in select major altcoins, or else the recovery may fizzle out. Read more

Following Bitwise's Chainlink ETP launch, Hougan said that investors misunderstand the asset's role, despite its dominance across stablecoins, DeFi, tokenization, and institutional crypto infrastructure.

The US president said he supported the GENIUS Act because it was "politically popular,” but added the main reason was in response to China. US President Donald Trump used part of his speech addressing the crowd at the World Economic Forum (WEF) on Wednesday to discuss the motivations behind his crypto policies, saying China’s regulatory landscape was a factor.  In a Wednesday speech at the WEF’s annual meeting in Davos, Switzerland, Trump said he supported the signing of the payment stablecoin-focused legislation, the GENIUS Act, in July because it was “politically good” and “China wanted that market, too.”  “[I]t is politically popular,” said Trump on crypto. “But it’s, much more importantly, we have to make it so that China doesn’t get the hold of it. And once they have that hold, we’re not going to be able to get it back.” Read more

The fast-food chain said employees will receive a BTC bonus per hour worked, with payouts vesting after two years and limited to company-operated locations. US fast-food restaurant chain Steak ’n Shake plans to offer Bitcoin bonuses to hourly employees at company-operated locations, signaling a move to use digital assets as a retention tool. In an X post on Wednesday, the company said hourly employees will be able to collect a Bitcoin (BTC) bonus of $0.21 per worked hour starting March 1, with a two-year vesting period. At $0.21 per hour, a full-time employee working 40 hours a week would earn about $8.40 in Bitcoin per week, or $437 per year based on a standard 52-week schedule. The program is supported by the Fold, a Bitcoin rewards and payments company. Read more

Farcaster raised $150 million by Paradigm and a16z in 2024 but has struggled to sustain growth.

The U.S. Senate Agriculture Committee's next draft is expected to shield developers from liability, insiders have been advised, but it may without Democrat backing.

With BitMine adding another $100 million to its $6 billion ETH treasury, here's why the Ethereum price prediction is about to take off. The post Ethereum Price Prediction: NYSE-Listed Company Just Added $100M in ETH – Are Institutions Quietly Loading Up? appeared first on Cryptonews.

The city brought in the new licensing regime at the start of August last year, amid growing institutional interest in stablecoins.

Gold’s record-breaking rally inadvertently put pressure on Bitcoin’s allure, but analysts say historical data shows BTC eventually starts a catch-up rally. Bitcoin’s (BTC) relative performance against gold has weakened sharply, but several analysts argue that this setup remains a long-term investment opportunity for BTC. Key takeaways: The Bitcoin-to-gold ratio fell to 18.5 ounces per BTC, its lowest since November 2023. Read more

Zcash has received a second Winklevoss donation: 3,221 ZEC, about $1.2M, has gone to Shielded Labs, to fund Crosslink, Dynamic Fees and the Network Sustainability Mechanism. The transfer follows January ECC resignations and the SEC closing its Zcash Foundation probe. ZEC is up 3% in 24h, at $368.85. The post Winklevoss Twins Donate $1.2M to Zcash’s Shielded Labs Amid ECC Exodus appeared first on Cryptonews.

The asset’s price jumped as high as $97,500 last week.

Canada's Prime Minister, Mark Carney, walked onto the World Economic Forum's Davos stage yesterday and said the quiet part out loud. The rules-based order, the thing leaders love to invoke when they want the world to behave, is fading. Carney called it a “pleasant fiction.” He said we are living through a “rupture.” He said […] The post Bitcoin is now your only lifeboat as Canada says the current world order is merely a “pleasant fiction” appeared first on CryptoSlate.

In this week’s Crypto Long & Short Newsletter, David Mercer of LMAX Group writes on tokenization and capital markets that won’t sleep. Then, Andy Baehr looks ahead to crypto’s “sophomore year.”

There was a modest bounce after the president said the U.S. had no intention of taking Greenland by force, but prices quickly resumed their decline.

Network activity has risen, driven by speculation around AI tokens, with active addresses increasing from 14.7 million to 18.9 million in a week.

Vitalik Buterin said that he already posts through Firefly, a multi-client covering X, Lens, Farcaster, and Bluesky.

Elliptic traced more than $500 million in USDT tied to Iran’s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build a “sanctions-proof” alternative to dollar banking.

Also: Neobanks trending, DVT staking proposal and Solayer $35M fund

The endorsement comes as tensions brew between the White House and Coinbase over whether the bill should be passed in its current form.