Crypto News
BTC dominance Rising, Cool CPI boosts Markets, Coinbase delists memes
Crypto rally post CPI fails to hold. BTC dominance hits 4-year high. ETH/BTC hits 5 year low. ETH drops out of top 20 revenue protocols. Stablecoin market cap surpasses ETH market cap. SEC delays options on Fidelity ETH ETF. Fed classifies BTC as a ‘hard reserve asset’. UAE sovereign fund invests $2bn in Binance. Ripple gets first payments license in Dubai. Ripple-SEC settlement may include sales ban. Russia set to open crypto trading for locals. Rumble buys $17m BTC. Franklin files for SOL ETF with CBOE. Cantor Fitzgerald launches BTC backed lending. Lazarus sends 400 ETH to Tornado cash. MEXC acquires $16m ENA, $20m USDe. India arrests Garantex co-founder.Source link
Decentralizing Power: Unlocking AI Potential With io.net’s GPU Network
io.net is a decentralized GPU network that offers scalable and cost-effective computing power for machine learning and artificial intelligence applications. Boasting over 325,000 verified GPUs, io.net aims to address the GPU supply crunch by creating a more accessible and efficient marketplace for compute resources. Tausif Ahmed is the Chief Business Development Officer at io.net, aSource link
U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The U.S. Senate Banking Committee has advanced the crypto industry's stablecoin regulation bill, a first major step toward getting the effort to President Donald Trump's desk to be signed into law.With its first committee approval, the bill that would regulate U.S. stablecoin issuers at the federal level now needs passage by the overall Senate, and a similar version also awaits approval in the House of Representatives. While a number of hurdles remain, including an eventual melding of the different bills from each chamber, the committee advanced the bill with a 18-6 vote.Many Democrats on the committee acknowledged the need for the bill while also seeking to add a number of amendments to add additional regulatory controls and limits, each of...
Dogecoin Flat as Top Solana Cat Coin Pops on Robinhood Listing
Top meme coins are bouncing as the broader market chops. Dogecoin is roughly flat, but Popcat and others are rising on Robinhood listings.Source link
MoonPay Buys Stablecoin Infrastructure Platform Iron in Latest M&A Deal
Cryptocurrency app MoonPay, has acquired Iron, an API-focused stablecoin infrastructure platform, the company said in a press release Thursday.The acquisition will significantly increase Moonpay's enterprise offerings, the Miami-based company said, and will allow businesses to accept stablecoin payments.No acquisition price was given, but a report said the deal was worth at least $100 million.M&A activity in the crypto space is hotting up. Options exchange Derebit is in talks to be acquired, with a number of potential suitors vying for the company, as reported by CoinDesk last month. Crypto trading platform BitMEX is also looking for a buyer. Stripe agreed to buy stablecoin platform Bridge for $1.1 billion in October last year, in the largest crypto acquisition by a major payments...