Crypto News
Coinbase Launches Proof-of-Reserves for cbBTC
Cryptocurrency exchange Coinbase unveiled its proof-of-reserves page for cbBTC, the exchange’s wrapped version of bitcoin (BTC) that allows users to deposit bitcoin with Coinbase and send tokens that represent the deposited BTC to multiple blockchain networks such as Ethereum or Solana. Displaying live proof of bitcoin in custody gives users confidence that at any givenSource link
Donald Trump Shares CoinDesk’s XRP Article on Truth Social, Spurring Bullish Sentiment
U.S. president Donald Trump shared an XRP-related article on social media platform Truth Social on Tuesday, stoking excitement and speculation among the XRP community.The article, published by CoinDesk in January, revealed how Ripple CEO Brad Garlinghouse experienced an uptick in U.S. deals and hiring efforts following Trump's election victory in November.The post generated 6.3K likes and 268 replies, the majority of which uttered phrases like "XRP to the moon" and discussed how XRP should become the currency that underpins a potential U.S. crypto reserve.The XRP token remained fairly muted at $2.53 after the post, although trading volume is up by 26% in 24 hours to $5.5 billion, according to CoinMarketCap.The post comes as the Elon Musk-led Department of Government Efficiency...
Libra’s Hayden Davis Says He Sent Money to Javier Milei’s Sister
Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted Kelsier $100 million and landed Javier Milei in serious political trouble including aSource link
SEC Acknowledges Bitwise’s Spot XRP ETF Filing Adding to a Crowded List
SEC's approval of Bitwise XRP ETF will depend on public feedback and the filing’s compliance with its investor protection standards.Source link
Bitcoin vs. the Dollar: Why Trust Matters More Than You Think
Understanding money is hard—especially when we don’t ask how it works. Wait, So What Is the U.S. Dollar Backed By? Alex leaned forward at the coffee shop table. “You criticize bitcoin, but do you know how the U.S. dollar works?” John hesitated. “Gold… right? Or something physical?” “That stopped in 1971,” Alex replied. “The dollarSource link