Global cryptocurrency exchange, Crypto.com has taken a huge step toward expanding its operations across the European Union (EU)…
Coinbase’s Ethereum Layer 2 blockchain laid out a roadmap of its vision and strategy for the coming year on Jan. 16. It is, in Base’s own words , “big, hairy and audacious.” To start with, Base wants to reach $100 billion in on-chain assets by the end of the year. It currently has $3.8 billion in total value locked (TVL), according to DeFiLlama. Base is also aiming for 25 million users by the end of the year. It currently has 1.27 million active daily users, according to Dune. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
After SpaceX’s Starship exploded over Turks and Caicos on Thursday, the FAA launched an investigation, demanding answers into the mishap.
Crypto.com has announced that it is getting in-principle approval to operate its services across the EU under the Market in Crypto-Assets (MiCA) regime. This development makes the exchange the first global platform to obtain such authorization. The MiCA framework is the first comprehensive regulatory framework for cryptocurrencies in the EU, enabling companies to obtain permits valid across all 27 member states. BOOM Proud to share that https://t.co/lS6nno3iDC is the first major global crypto asset service provider to secure an in-principle MiCA licence. 🚀 pic.twitter.com/DXNDYZxLfT — Steve | Crypto.com (@skalifowitz) January 17, 2025 Crypto.com’s statement on January 17, 2022, did not reveal which country from the EU issued the license. However, since the company has a European regional headquarters in Paris, it is more probable that the approval was given by the French financial authorities. According to Eric Anziani, Crypto.com’s president and COO, MiCA is crucial because it helps build trust in the crypto sector. “We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more streamlined sentiment towards the regulation of our industry across the EU.” Eric Anziani In 2021, Crypto.com was also issued a Class 3 Virtual Financial Assets (VFA) License by the Malta Financial Services Authority (MFSA), which enabled it to place orders, offer custody services, and operate on its own account. The MFSA also granted the company in-principle approval of the Financial Institution License. Impact of MiCA on the crypto industry MiCA sets out comprehensive regulations for crypto assets, service providers, and jurisdictional governance. It is meant to harmonize operations while ensuring compliance with EU-wide standards. The framework also outlines a set of tough rules for stablecoins. Earlier this week, Dutch regulators granted MiCA licenses to four crypto companies, including MoonPay. Circle, the creator of USDC stablecoin and a cryptocurrency firm, also secured the EU’s inaugural MiCA greenlight last year. As a result, in July 2024, Circle became an e-money institution (EMI) in France, which allowed the company to function under the stringent EU regulation of cryptocurrencies. Boerse Stuttgart Digital has been among the earliest ones to secure a MiCA license in Germany. The license was issued by the German regulator BaFin and enables Boerse Stuttgart Digital to provide all of its services across the EU member states. MiCA could also set a precedent for regulating crypto outside of Europe. According to Cryptopolitan, it provides a unified framework that other nations may follow. Cryptopolitan further stated , “MiCA’s structured approach may influence global regulators, especially in the US, where enforcement often outweighs clear rulemaking.” The in-principle MiCA approval is part of Crypto.com’s larger plan to grow its footprint in the world. Launched in 2016, the exchange now has more than 100 million users. The firm has obtained licenses in key jurisdictions such as Singapore, Australia, and the United Kingdom. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Exploring Cardano, Solana, XRP, Dogecoin, and Remittix as standout cryptos for 2025. Table of Contents Cardano eyes RLUSD Solana ready for the next ETF surge XRP rides the bullish wave Dogecoin: Meme to payment option Remittix: The PayFi contender Remittix takes center stage Building a well-rounded crypto lineup for the future is on every investor’s mind. On that note, Cardano (ADA), Solana (SOL), XRP, Dogecoin (DOGE), and the rising star Remittix have gained attention so far in 2025. Cardano eyes RLUSD Cardano recently made headlines when its founder Charles Hoskinson revealed talks to integrate Ripple’s new stablecoin, RLUSD. The Cardano team sees RLUSD as a perfect fit to strengthen its stablecoin offerings, which already include tokens like USDM and Djed. If this integration works out, Cardano could boost its decentralized finance (DeFi) ecosystem, drawing more liquidity and user adoption. Investors still recall that Cardano’s ADA token hit a two-year high before volatile market conditions triggered a decline. Long-term holders believe that stablecoin collaborations could help ADA stabilize and even push it upward in 2025. Solana ready for the next ETF surge Solana currently trades at around $219, showing a 17% increase over the past seven days. Banking giants hint that a spot-based SOL exchange-traded fund could bring in billions in new investments. If approvals materialize in the coming months, Solana might see another massive climb, especially if Donald Trump’s administration leans more crypto-friendly. The Solana network’s main attraction is its high-speed transactions, perfect for NFTs and DeFi. However, critics note the occasional outages that undermine user trust. If Solana solves its downtime issues and secures an ETF listing, many experts think it might become the major DeFi powerhouse in 2025. You might also like: Remittix tipped for greater long-term growth than Shiba Inu and Dogecoin XRP rides the bullish wave The XRP price has surged over 40% in the last week and past 30 days. A court ruling clarified that XRP isn’t a security in secondary markets, fueling confidence. There’s also growing speculation that a spot-based XRP ETF could appear soon, with executives like Ripple President Monica Long feeling upbeat. While regulatory uncertainties hang overhead, optimism remains. Ripple aims to expand XRP’s use in remittances and corporate payments, and a bullish run could continue if ETFs or big partners jump on board. Dogecoin: Meme to payment option Priced around $0.41 dollars, Dogecoin is up 24.71% in the last week. Major whale moves have rattled watchers, but some interpret these big transactions as signs of renewed interest. Tesla’s decision to accept DOGE for select payments hints at mainstream acceptance. While Dogecoin has soared in the past on celebrity endorsements and community zeal, it needs lasting adoption to stay relevant. If its developers deliver more on the utility front, DOGE could maintain its standing as an iconic crypto. Nonetheless, some see it as a gateway token for newbies, which might keep the coin rising through 2025. You might also like: Solana, Sui investors flock to new viral altcoin Remittix Remittix: The PayFi contender Despite not being a legacy token, Remittix is attracting big buzz for its PayFi approach — mixing crypto innovation with traditional banking. In just three weeks, Remittix raised over $3 million in its presale, pushing the token price up from $0.0199 to $0.0207. Analysts suggest that Remittix could hit a 1-dollar milestone if enough users adopt it for cross-border payments. Unlike meme or purely DeFi tokens, Remittix focuses on everyday transactions. By enabling fast crypto-to-fiat settlements with zero hidden fees, Remittix appeals to businesses and individuals alike. Its Pay API will help merchants accept crypto payments, converting them to fiat in under 24 hours. Remittix takes center stage Cardano might soon integrate RLUSD, Solana could see an ETF windfall, XRP edges closer to regulatory clarification, and Dogecoin remains an entertaining fan favorite. However, Remittix is the big story — its PayFi model sets it apart as an easy-to-use altcoin for cross-border transactions. To learn more about Remittix, visit their website or social media channels. Read more: Solana and Dogecoin holders rush to buy Remittix Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
On Jan. 17, the Digital Sovereignty Alliance, a nonprofit established by Tron DAO, formally announced its sponsorship of President-elect Donald Trump’s Crypto Ball. In parallel, a source with knowledge of the situation informed Bitcoin.com News that World Liberty Financial, the decentralized finance (defi) arm of the Trump family, is set to integrate TRX into its
Coinbase Prime recently scored an increase in over-the-counter (OTC) trading activity. Based on CryptoQuant’s analysis, the surge suggests an increase in institutional investors utilizing OTC channels to accumulate Bitcoin (BTC). Institutional BTC Preference Triggers OTC Trading From the data provided by analysts at CryptoQuant, the spike in inflows resembles a similar trend seen on December 17. Noteworthy, that was the day that Bitcoin hit its all-time high (ATH) of over $108,000. According to CryptoQuant CEO Ki Young Ju, such a significant surge in inflows on the Coinbase platform usually indicates that multiple OTC trades are occurring. It also reflects institutions’ preferences to accumulate bitcoin through OTC trading. Julio Moreno, the head of research at CryptoQuant, highlighted that the inflows represent the BTC sourced from Coinbase for institutional clients. Furthermore, he noted that OTC flows recently reached $14 billion, equivalent to 142,000 Bitcoin on the American centralized exchange. Growing Institutional Adoption of BTC With Pro-crypto Government Generally, the digital asset landscape has registered some improvements in the months that followed the United States 2024 presidential elections. Republican politician Donald Trump, known for his pro-crypto stance, won the race , uplifting the ecosystem’s spirit. He is finally coming into power by January 20. One of the moves he intends to make today is ousting Gary Gensler, the current United States Securities and Exchange Commission (SEC) Chairman. Former SEC Commissioner Paul Atkins has been nominated to replace him. This move is expected to bring more favorable policies to the crypto industry. Bitcoin price will likely register more rally, to the point of oven hitting a new ATH. BTC Price Performance and Potential At this time, Bitcoin traded at $104,951.39, corresponding with a 5.58% increase within 24 hours. While this is a lofty price level, it is still significantly lower than the coin’s ATH of over $108,000. With several nations, including the US, vying to add the flagship cryptocurrency to their strategic reserve, BTC will likely register more gains. The potential growth in Bitcoin ETF inflows could also contribute to the price rally. The post Coinbase Prime Records Significant Surge in OTC Bitcoin Trading appeared first on TheCoinrise.com .
A portrait of President-elect Donald Trump, created by arranging block data, has been put onto the Bitcoin blockchain by American miner MARA.
Social trading platform eToro has confidentially filed for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). When a company files in such a manner, it means that it has submitted its initial registration statement with the SEC but is yet to make it public. This initial filing will help it gather feedback from the agency and make necessary adjustments before officially announcing its IPO plans. eToro to Go Public in New York According to a report by the Financial Times, which cited people with knowledge of the matter, the Israeli-based crypto and stock trading platform could go public in New York as early as Q2 2025—if successful. It targets a valuation of $5 billion, up from a $3.5 billion market cap in 2023. The report revealed that eToro has partnered with Goldman Sachs, Jefferies, and UBS to carry out its plans. This means that these investment banks will guide eToro through the IPO process. Not the First This is not the first time eToro has attempted to go public in the US. In 2021, it entered a Special Purpose Acquisition Company (SPAC) deal with FinTech Acquisition Corp. V. at a valuation of $10.4 billion. However, the plan fell through due to the bear market of 2022. The SEC did not approve that plan. Multiple crypto-related companies have also attempted to go public through a SPAC deal but have been unsuccessful. In July 2021, USDC issuer Circle filed for an IPO with the SEC through a SPAC deal but later abandoned the plan because it did not meet the SEC’s qualifications at the time. This deal could have given Circle a $9 billion valuation. Crypto miner Prime Blockchain also canceled plans to go public through a SPAC deal in 2022. If successful, eToro will join crypto companies like Coinbase and Bakkt to go public in the US. Several Bitcoin miners, including Marathon Digital, are also listed in the US. The post Crypto-Friendly Platform eToro Eyes US IPO at $5B Valuation: Report appeared first on CryptoPotato .
Abstract, the Ethereum Layer 2 built by Igloo Inc., the parent company of Pudgy Penguins, announced its version of a points program ahead of its mainnet launch. TheLayer 2 is set to unveil its public mainnet before the end of January, and users who want to be rewarded for their time spent on the chain will be guided by Abstract’s XP incentives program. Developers, users, and content creators on Abstract will be eligible for XP distributions at weekly and monthly increments, and will also have the opportunity to earn badges and awards that represent their participation. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io