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news-imageFebruary 4, 2025

Galaxy and BitGo Buddy Up for Crypto Staking Despite Legal Spat

The firms are driven by compelling mutual benefits: Galaxy gains extra staking business and BitGo customers are able to use staked assets as collateral for loans and trading.
Publisher: Coindesk
Sentiment: Positive
General

More News Articles

Negative
cover-imageCrypto Economy
February 4, 2025

Crypto Investigator: Coinbase Users Lost Over $65M to Scams in Just Two Months

TL;DR Coinbase users lost over $65 million to social engineering scams between December 2024 and January 2025, highlighting the growing vulnerability of cryptocurrency exchanges. The scams involved phishing emails, spoofed customer service calls, and fraudulent websites mimicking Coinbase's interface.

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Neutral
cover-imageTrustnodes
February 4, 2025

Crypto Spring, Good For Trump?

What we've seen from Trump so far indicates TV chaos, but not on substance, so risks of any derailment may have decreased.

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Neutral
cover-imageCoinPedia
February 4, 2025

Mark Uyeda Takes Over! Will SEC's New Policy Rescue Crypto?

In the most exciting week in crypto history with ups and downs, policy changes, and trade war; the U.S. SEC has introduced new rules requiring its staff to seek approval from top officials before launching formal investigations.

general-iconGeneral
Positive
cover-imageNewsBTC
February 4, 2025

5 Promising Meme Coins to Buy as Trump Pauses Canada & Mexico Tariffs

Ethereum and Solana have bounced back into full recovery mode after Donald Trump agreed to temporarily suspend tariffs on Canada and Mexico, signaling bullish times for meme coins. Since yesterday, $ETH has spiked from $2.5K to $2.7K, and $SOL has rebounded from $183 to $209.

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Neutral
cover-imageCoinPedia
February 4, 2025

Coinbase Urges U.S. Regulators to Clarify Rules for Crypto Banking Services: Bloomberg

In a latest development, Coinbase is reportedly lobbying U.S. banking regulators for more explicit guidelines that would permit banks to provide cryptocurrency custody and trading services. The exchange hopes to drive policy changes that would reduce current restrictions, allowing banks to engage more easily with the crypto sector.

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Positive
cover-imageAltcoin Buzz
February 4, 2025

Crypto Rebounds as Trump Delays Tariffs

The crypto market is slowly showing signs of recovery after experiencing significant volatility. Market prices fell because investors panicked about the US trade tariffs.

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Negative
cover-imageTheNewsCrypto
February 4, 2025

US Charges Canadian Hacker for $65M DeFi Exploits

Medjedovic allegedly stole $65M from DeFi platforms through misleading trades. Prosecutors believe he tried extortion and laundered stolen funds via crypto mixers.

general-iconGeneral
Positive
cover-imageCrypto Economy
February 4, 2025

Crypto Market Rebounds Strongly Despite Tariff Wars

TL;DR The crypto market has shown remarkable resilience, rebounding strongly despite the ongoing tariff wars between the United States and China, with major cryptocurrencies regaining lost ground. The initial announcement of tariffs by President Trump led to significant declines and a record $2.29 billion in liquidations.

general-iconGeneral
Positive
cover-imageCoinspress
February 4, 2025

Binance Pay Expands Reach Through xMoney Collaboration

Binance Pay has entered into a strategic partnership with xMoney, a European blockchain payment provider, aiming to streamline cryptocurrency payments for businesses and consumers.

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Negative
cover-imageCoinPedia
February 4, 2025

Crypto Market in Turmoil! U.S.-China Trade War Triggers Wild Price Swings

XRP and Dogecoin surged 20% before dipping again as the U.S.-China trade war rattled the crypto market. Bitcoin briefly soared past $100K after President Trump paused tariffs on Mexico and Canada but dropped to $98K when China struck back with fresh tariffs on U.S. imports. Despite being decentralized, crypto still reacts like traditional financial markets.

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Positive
cover-imageBlockonomi
February 4, 2025

Kraken Obtains EU MiFID License Through Cyprus Firm Acquisition

Kraken has acquired a MiFID license through a Cypriot investment firm, enabling the crypto exchange to offer regulated derivatives trading across EU markets while also relaunching staking services in the US.

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Positive
cover-imageBlockonomi
February 4, 2025

Coinbase Expands UK Operations with New Regulatory Approval

Coinbase received regulatory approval to offer digital asset trading services in the UK on February 4, 2025, expanding its European presence while adding new advisory board members and planning to launch Solana futures contracts.

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Negative
cover-imageBlockonomi
February 4, 2025

Congress to Investigate Federal Regulators' Role in Crypto Banking Access

Congress will hold hearings on February 6, 2025, to investigate claims that federal regulators pressured banks to deny services to crypto companies, featuring testimony from industry leaders and experts amid growing concerns about regulatory overreach in the digital asset sector.

general-iconGeneral
Positive
cover-imageCoinspeaker
February 4, 2025

Will Crypto Market Bounce Back Trigger Altcoin Season?

As Bitcoin reclaimed $100K, the growing weakness in Ethereum projects weakness among altcoins. Will this weakness delay the 2025 altcoin season or is a bounce back inevitable?

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Neutral
cover-imageCoingape
February 4, 2025

CLS Global Navigates New U.S. Cryptocurrency Landscape

The structure of the cryptocurrency market is about to undergo a significant shift that will drastically alter the way digital assets are exchanged and governed. CLS Global offers a study of the revolutionary changes taking place in market microstructure and their consequences for market players, drawing on its vast expertise as a global market maker.

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Negative
cover-imageCoinPedia
February 4, 2025

CFTC Targets Crypto Sports Betting: Will Kalshi and Crypto.com Survive?

The Commodity Futures Trading Commission (CFTC) has launched an investigation into sports-related prediction markets on Crypto.com and Kalshi, focusing on whether these contracts should be classified as “gaming” under the Commodities Exchange Act. This probe, first reported by Bloomberg, could impact how sports betting and event-based contracts are regulated in the future.

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Positive
cover-imageCoingape
February 4, 2025

4 Altcoins Hitting ATH as the Crypto Market Rebounds

Today, the cryptocurrency market has demonstrated significant signs of recovery, driven by the announcement that U.S. President Donald Trump has suspended newly imposed import tariffs on Canada and Mexico for a period of 30 days. This favorable change has alleviated economic pressures, fostering a better atmosphere for risk assets such as cryptocurrencies.

general-iconGeneral
Positive
cover-imageInvezz
February 4, 2025

Dogizen is a buy despite the recent crypto market crash: here's why

Bitcoin has already recovered to $99,000 after a steep decline to around $91,000 following Trump's announcement of raised tariffs on China, Mexico, and Canada. Trump tariffs concerned global investors as they risked starting a trade war, which could mean significant economic uncertainty. That's what triggered a sharp sell-off in the crypto market.

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Positive
cover-imageCoinPedia
February 4, 2025

AI Tokens Record a Strong Bullish Recovery! Will Bears Trap these Cryptos?

The cryptocurrency market has displayed a strong bullish recovery after experiencing a major correction yesterday. Notably, with Donald Trump's tariff war, the global market has experienced a significant pullback, indicating rising uncertainty in the crypto market.

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