Crypto News

President Trump made good on his Bitcoin promise and signed an executive order to establish a reserve—but the price cooled and ETFs are still in the red.Source link

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has confidentially filed for an initial public offering (IPO) with assistance from Goldman Sachs and Citigroup, Bloomberg reported on March 7, 2025. Major Banks Reportedly Back Gemini’s Bid to Go Public: Confidential Filing Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has confidentiallySource link

Brazil’s state-owned postal service, Empresa Brasileira de Correios e Telégrafos, has launched a pre-selection process for companies and specialists in blockchain and artificial intelligence (AI) to develop solutions for its logistics and operational management. The tender, published in the country’s official journal Diário Oficial da União on Friday, seeks proposals that support the digital transformation of the agency's services. The initiative, called Licitação Seleção Prévia e Diálogo nº 25000001/2025 CS, is focused on finding advanced technological solutions to modernize business processes, operations, and internal supply management. “We want to promote a collaborative and dynamic process to find artificial intelligence and blockchain solutions for our business, operations, and hiring challenges,” the company announced. The organization did not specify the exact use cases it is...

Following the first White House Crypto Summit, Crypto Czar David Sacks engaged in a discussion with the American entrepreneur Jason Calacanis, during which Calacanis floated the idea of imposing a 0.01% tax on every crypto transaction conducted within the United States. This levy, he suggested, would be collected in the transaction’s native digital asset. CalacanisSource link

Volatility Shares, an asset manager known for launching innovative exchange-traded funds (ETFs), has filed for three new products centered on XRP. These include a spot XRP ETF, a 2x leveraged XRP ETF and an inverse -1x XRP ETF.The spot XRP ETF is designed to track the price of the cryptocurrency directly, while the 2x XRP ETF aims to amplify daily price movements by a factor of two. The -1x XRP ETF offers investors a way to bet against XRP’s price, reflecting the reverse of its daily performance. This latest move comes as expectations rise for regulatory approval of a spot XRP ETF. Traders on Polymarket are currently weighing a 77% chance that a spot XRP ETF will receive approval this year....