Day: 27 February 2025

Gemini, the crypto firm founded by the Winklevoss twins, is no longer facing scrutiny from the U.S. Securities and Exchange Commission (SEC). Co-founder Cameron Winklevoss revealed that the SEC decided against taking enforcement action nearly 700 days after launching its investigation and 277 days after issuing a Wells Notice. In ...

Institutional investors are becoming a driving force behind Bitcoin’s price movements, according to Singapore-based blockchain firm Matrixport. In a February 26 X post, the firm noted that while Bitcoin’s market dominance remains at 60%, its price trends are now closely mirroring BlackRock’s IBIT ETF, highlighting Wall Street’s growing presence in ...

Crypto experts are seasoned crypto participants who have, over the years, developed a strong understanding of the crypto market in addition to being profitable. These crypto experts are able to make great analyses from seemingly random cues that the average trader will not pick up.  As such, it becomes important ...

Nvidia Corp (NVDA) has surpassed Wall Street forecasts again, reporting a staggering 78% year-over-year revenue increase, fueled by soaring demand for artificial intelligence-focused microchips. The chip-making giant announced its fourth-quarter earnings for the 2025 fiscal year, ending on January 26, with revenue reaching $39.3 billion—up 12% from the previous quarter ...

Core Scientific has announced a $1.2 billion expansion of its Denton, Texas, data centre through an extended partnership with AI-focused cloud provider CoreWeave. This move further strengthens the company’s position in high-performance computing (HPC) and AI infrastructure. They confirmed that the expansion will add 70 megawatts (MW) of contracted power, ...

MARA Holdings reported a net income of $528.3 million for Q4 2024, a 248% increase from the previous year. Adjusted EBITDA rose by 207% to $794.4 million, establishing a new industry benchmark, according to its February 27 shareholder letter. Despite the April 2024 Bitcoin halving, which cut block rewards in ...

A key U.S. House of Representatives committee has proposed a resolution to repeal the controversial “DeFi broker rule,” which would impose new tax reporting requirements on decentralized finance (DeFi) platforms. The House Ways and Means Committee voted 26-16 on February 26 to advance the resolution, setting up a potential showdown ...

The Bank of Russia has postponed the mass rollout of its central bank digital currency (CBDC), the digital ruble, as authorities work to refine the pilot program and ensure a robust economic framework for banks and their customers. According to a state-backed news agency TASS report, the central bank initially ...

Matt Hougan, Chief Investment Officer at Bitwise, is skeptical about traditional financial institutions successfully entering the stablecoin market. He expressed concerns on X about major banks' ability to capture significant market share in this sector. His remarks come in response to recent comments by Bank of America (BofA) CEO Brian ...

Binance has introduced Multi-Leg functionality to its Options RFQ (Request for Quotes) platform, enabling traders to execute complex options strategies more efficiently. The new feature allows users to combine multiple legs into a single order, reducing execution risks and optimizing pricing. Introducing Options RFQ Multi-leg, now available on our RFQ ...