Two Colombian regulators have proposed another bill that would serve to regulate crypto. The bill consists of 16 provisions, including a VASP licensing system for crypto firms. According to local media outlet El Colombiano , the bill aims to establish a legal framework that would ensure protection for crypto users and encourage more investment in the nation’s budding crypto industry. The bill outlines a total of 16 articles that cover several crypto-related aspects including monitoring, marketing rules, education, crypto tax , as well as anti-money laundering and counter-terrorism financing measures or AML /CFT. In addition, the bill also proposes a virtual asset service providers licensing system which crypto firms who wish to operate in the region would have to apply for. Other countries like Hong Kong , Singapore , Canada , and the UAE use VASP licenses to ensure they will abide by local regulations. Senator Gustavo Moreno and House Representative Julián López proposed the bill to Congress on March 2, after having failed in their attempt last year. Moreno argued that Colombia urgently needs to establish a regulatory framework for crypto exchanges and firms due to virtual asset companies in the country are operating informally which “generates uncertainty and risks for users.” You might also like: Binance pushes for stricter security regulations following $1.4b Bybit hack The lack of regulation, Moreno added, does not provide crypto services with the proper security mechanisms to protect its users and prevent the misuse of crypto assets. “Our bill seeks to establish clear rules of the game to generate a reliable and more attractive [crypto] ecosystem for investment with guarantees for this emerging industry ,” said Rep. López. According to the report, around five million Colombian users have been trading cryptocurrency. In 2024 alone, crypto transaction value has reached $6.7 billion in the country. However, the outlet has also noted that many users have also become victims of scams and pyramid schemes, and others take advantage of the unregulated crypto ecosystem to launder money . The Colombian Financial Superintendent, Colombia’s main financial regulator, has been reportedly working on several crypto pilot projects since 2021. However, the projects have yet to produce “concrete regulatory framework.” Read more: Colombian bank Littio, OpenTrade launch USD accounts on Avalanche
Gaining free Bitcoin and cryptocurrency has become more mainstream as more individuals seek methods of
As Bitcoin reached $95,000 momentarily, the broader market recovery propelled the altcoin market segment to $1.24 trillion. With…
President Donald Trump’s move to add XRP to the US crypto reserve has fueled hopes for a swift resolution to the Ripple vs SEC case. However, legal expert Jeremy Hogan remains skeptical, believing the XRP lawsuit could still take until May to conclude. Notably, Hogan has been vocal about the possible delays in XRP lawsuit, dismissing speculations of an imminent settlement. Let’s break down Jeremy Hogan’s recent statement and how Donald Trump’s decision could impact the Ripple vs SEC lawsuit. How Will Donald Trump’s XRP Reserve Plan Influence the Lawsuit? As Donald Trump has decided to include XRP to the US national reserve along with Bitcoin, Solana, and Cardano, the community is abuzz with enthusiasm. This has indeed fueled excitement over the imminent resolution of the long-anticipated XRP lawsuit. Despite growing optimism for an early dismissal, attorney Jeremy Hogan remains steadfast in his prediction that the Ripple vs SEC case will likely extend into May before reaching a conclusion. Significantly, Jeremy Hogan shared his latest prediction via his X post . He stated that he expects the appeals to be dismissed by mid-April, with the entire case wrapping up by May. Meanwhile, an XRP community member asked the lawyer if XRP’s inclusion in the US crypto reserve could expedite the settlement. He responded skeptically, saying “I don’t think so…” However, he acknowledged the inherent uncertainty in estimating timelines, implying that his prediction is subject to change. Is XRP Lawsuit Settlement Poised for Further Extension? Hopes for a quick XRP lawsuit resolution continue to build. Nonetheless, experts like Jeremy Hogan and MetaLawMan have repeatedly cautioned that the case may face additional delays. Both of them pinpointed the complexities surrounding the Ripple lawsuit which could possibly lead to the case’s further extension. According to Hogan’s recent comments , the delay is primarily linked to the injunction imposed by Judge Analisa Torres. This injunction restricts Ripple from selling securities to the public, effectively limiting its ability to pursue a future Initial Public Offering (IPO). Hogan says Ripple Labs is trying to get the injunction lifted, which is holding up the case’s resolution. XRP Price Skyrockets Fueled by Trump’s Reserve Plans In an interesting development, Donald Trump has revealed his plans to establish a crypto reserve in the country, including Bitcoin, XRP, Solana, and Cardano. Though the development reportedly has no significant impact on the XRP lawsuit, it has had a massive influence on the overall crypto market. The market exhibited a significant resurgence with the market cap surging to $3 trillion, up by more than 5%. Aligning with the broader trend, XRP price saw a remarkable uptick of 14.12% over the last 24 hours. Currently trading at $2.57, XRP has surged by 4.37% over the last week despite a monthly decline of 14%. Investor sentiment has also risen following the Trump decision which is indicated by the staggering 514% hike in the 24-hour trading volume, currently at $20.44 billion. Despite the token’s notable performance, the XRP lawsuit’s imminent dismissal hangs in balance. It needs to be seen if the case will end by May or even extend further. The post XRP Lawsuit: Will Donald Trump Announcement Speed Up Ripple Vs SEC Resolution? appeared first on CoinGape .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Solana edges toward $200, investors are shifting focus to Remittix, a rising PayFi token with the potential for even greater gains. Table of Contents Solana: current market momentum and news Remittix: A new contender for bigger gains Remittix is redefining crypto profit potential The Solana price has investors buzzing as it edges closer to $200, yet many are shifting focus to a new PayFi token for potentially larger returns. While current Solana price movements garner attention, this new Defi project is quietly gaining traction among investors seeking substantial profits. Let us examine Solana’s recent performance and introduce an emerging altcoin capturing attention in the crypto market as of today. Solana: current market momentum and news The Solana price currently hovers at $160.75, reflecting a 2% weekly climb. Analysts predict a rally toward $180 next month and $200 soon. These predictions are fueled by Solana’s strong DeFi ecosystem and high transaction speeds. Recent network activity supports this optimistic outlook. Solana is poised for a boost as the CME prepares to launch SOL futures this month, potentially igniting institutional interest. Experts suggest this could pave the way for ETF approval, enhancing SOL’s appeal. Whales unstaking significant SOL amounts triggered an 8.2% price surge, spotlighting market volatility. This move, alongside Solana’s $86 billion market cap, is drawing keen institutional eyes, hinting at a dynamic shift in its 2025 trajectory. Solana’s price struggles below $200 signal short-term pullbacks, yet its fundamentals remain robust. The network’s developer base and upcoming projects, like Firedancer, bolster confidence. Investors eye a potential breakthrough, though uncertainty lingers amid market volatility. A break above $200 could spark a rally, but investors wary of volatility are exploring alternatives. This shift in focus brings us to a rising star in the altcoin arena. You might also like: SHIB faces challenges while Remittix gains traction with real-world solutions Remittix: A new contender for bigger gains Remittix is currently priced at $0.0694 in presale and has raised over $13.3 million, selling more than 510 million tokens to over 30,000 holders. Remittix stands out with its PayFi model, which transforms cross-border payments. It allows users to send crypto that converts instantly to fiat in over 30 currencies. This practical utility targets the $190 trillion remittance market, promising real-world impact. Unlike Solana’s speculative swings, Remittix offers stability through innovation. Analysts predict a 100x rally post-launch, dwarfing Solana’s projected gains. Its capped supply and institutional-grade security further enhance its appeal to savvy investors. The allure of Remittix lies in its ability to address everyday financial needs. For freelancers or families sending funds globally, it cuts costs and speeds up transfers. This contrasts with Solana’s focus on DeFi and NFT ecosystems, broadening Remittix’s reach. Social media buzz on X highlights Remittix’s momentum. Investors who once rode Solana’s rise from $2 now see RTX as the next big opportunity. Its presale success and 300% gains since inception signal a shift toward altcoins with tangible benefits. While Solana price predictions dominate discussions, Remittix quietly builds a case for dominance. Its integration with local banking systems and mobile platforms positions it as a leader in the PayFi space, appealing to both retail and institutional players. Remittix is redefining crypto profit potential Economic factors, including policy shifts, impact all cryptocurrencies. Solana’s speed gives it an edge, but Remittix’s utility could drive broader adoption. As investors diversify, this altcoin emerges as a hedge against the volatility-ridden established tokens. As the Solana price teases a $200 rally, Remittix steals the show with its unmatched promise and performance. Its PayFi approach delivers real-world value, turning losses into gains for investors. With a thriving presale and bold projections, Remittix stands as an undeniable top altcoin, poised to lead the charge in 2025’s crypto frontier. To learn more about Remittix, visit the website and socials. Read more: Cardano, XRP investors seeking higher gains turn to viral altcoins like 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.
Blockchain security firm GoPlus has issued a serious security warning about the STAR10 token launched by former football star Ronaldinho, citing critical vulnerabilities that put investors at risk. Security Warning: GoPlus Says Ronaldinho's STAR10 Token Poses Major Risks According to GoPlus’ analysis, the contract owner retains full control, allowing them to: It can burn any owner's tokens, effectively wiping out investments. It can print new tokens at any time, potentially leading to inflation and devaluation. It can drain user funds by increasing transaction taxes. It can restrict certain traders from trading by blacklisting wallets. Crucially, ownership of the contract has not been relinquished, meaning the token creator still has unlimited authority over STAR10’s operations. Attention Investors These centralized controls pose a great danger because they give the contract owner extensive power over the token supply and investor assets. The ability to manipulate the contract can lead to significant financial losses for owners. While celebrity-endorsed tokens often attract a lot of attention from investors, security experts emphasize the importance of conducting thorough due diligence before investing in any cryptocurrency project. At the time of writing, Ronaldinho has not publicly acknowledged these security concerns regarding STAR10. *This is not investment advice. Continue Reading: Former Football Star Ronaldinho's Token Issued Suspiciously! Blockchain Firm Explains!
Solana (SOL) token has witnessed a dramatic price surge that has surprised investors. The token was previously in a severe downtrend due to rising meme coin controversies and declining investor interest. However, today is a different story. The price surged massively amid Donald Trump’s U.S. Strategic Crypto Reserve announcement involving SOL. As a result, the price surged over 15% within a few minutes and turned into a massive uptrend, but there’s more. Let’s discuss this. Solana Price Today: Crypto Reserve News Fuels Rally Bitcoin has always been considered the ideal digital currency for crypto reserves. However, Donald Trump’s news includes top altcoins like Solana and signals that the government is considering broader market adoption. Interestingly, this move provided the most significant support for these chosen altcoins. As a result, the Solana price surged 15% within a few minutes. Before the announcement, it was trading at around $143, but within a few minutes, it hit a high of $177.88. Although it did not stay at the same peak, it currently trades at $160.75. However, investor interest remains persistent. After a 410% surge, its 24-hour trading volume is $13.25B, showing high confidence among holders. Additionally, its exchange activity surged, growing from $5M SOL to $12M SOL within an hour of news. Interestingly, the Solana derivative market clearly reflects this newfound optimism, with open interest surging 30%. The long/short ratio on Binance and OKX shows bullish sentiment, with top traders favoring long positions. Liquidation Leads to Millions in Losses The investor needed this sudden SOL price surge as the asset had lost 50% of its value since its ATH, which was set just a month ago. The token crashed due to a global market correction and backlash over rising meme coin scams, like LIBRA and others. However, the sudden surge wasn’t beneficial for all. Short traders faced heavy losses, with the liquidation revealing that $72.53M in rekt positions were recorded. Of these, $38.29M came from short. Interestingly, this also favored the rally as traders rushed to cover their positions. Solana Price Recovery Stalls: Long Way To Go After a 15% rally, investors now await a further uptrend to cover the month-long losses, as the ATH stands 44% away from the current level. However, the barriers to the Solana price rally still exist with the ongoing meme coin frenzy, institutional hesitancy, and the recent SOL token unlock. The token requires the continuity of the bullish momentum despite the macroeconomic uncertainty and increasing liquidity with token unlocks. Some analysts do believe in this token’s potential to rally amid the Solana-based future contract by CME group and Solana ETF approval. Further clarity on the U.S. strategic crypto reserve, whale activity, and liquidity flow can mediate the recovery. Investors must closely monitor this altcoin to understand upcoming rallies and price performance better. Bottom Line Solana price grew significantly after Donald Trump announced a crypto reserve news. However, there’s a long way to go so that various factors would support it. Market demand, high trading volume, and technical aspects are necessary for the SOL token to perform bullishly. Investors must watch for further updates on the U.S. strategic crypto reserve, Solana futures, and ETF approval to witness a comeback. The post What’s Happening With Solana Price Today? appeared first on CoinGape .
Ronaldinho Gaúcho announced the launch of the one and only official meme token, known as STAR10. The token already started trading with decentralized pairs on the BNB Smart Chain. Ronaldinho’s token is already live and trading. The new asset, STAR10, was launched on the BNB Smart Chain, reflecting the trend of moving away from Solana (SOL). Ronaldinho held the ball on launching a meme, after the general celebrity trend had already passed. This time, the STAR10 token aims to tap renewed demand for high-profile memes on BNB Smart Chain. The token announced its official CA as 0x8B9ABDD229ec0C4A28E01b91aacdC5dAAFc25C2b. Trading is already gaining speed on PancakeSwap. The token was launched independently and was not a part of the Four.meme ecosystem. The launch arrives just three days after Ronaldinho teased he may launch a celebrity meme token . Ronaldinho’s token went through rapid rallies, but whales used the price expansion to sell. | Source: Dexscreener. Ronaldinho’s interest in crypto also spread to the NFT space, as he released the Shirtum collection. The collection is expected to start minting after March 28. Previously, Ronaldinho collectible cards have been minted as NFTs unofficially. Whales lock in gains with the first STAR10 pump STAR10 behaved as a usual meme token, launching with a sub-penny price and rising to $0.38. Later, the asset sank again to $0.27. For the first 10 hours of trading, the token’s pool locked in more than $20M in liquidity. The token onboarded 9,335 buyers already, most of them directly through the PancakeSwap pairing. Whales were already selling into the rally, as the top trader liquidated all tokens, locking in $1.5M in gains. The selling happened during the initial climb of STAR10 from its lows, just after the trading started. The whale was also one of the first sniper addresses , which bought the tokens seconds after the launch. The top whale’s wallet was created 77 days ago, but became active only after February 20. The wallet was mostly busy with BNB meme tokens, with a strategy of rapid buying and selling. STAR10 switches off ownership-renouncing code Just hours after the launch of STAR10, the crypto community noticed a worrying feature of the token. The smart contract auditors at Go Plus Security noted the token contained code that allowed the issuer to retain ownership and burn any of the previously sold tokens. STAR10 does not follow the chief rule of on-chain ownership – that it is censorship-free and cannot be centrally revoked. With STAR10, any buyer can have their assets revoked and burned without warning. While this is a usual feature for some tokens, freezing and burning meme assets has not been noticed before, even for celebrity tokens. ⚠️ SECURITY ALERT ⚠️ @10Ronaldinho ‘s STAR10 coin has a serious security risk! GoPlus found that the owner can burn ANY holder’s tokens at will. Since ownership has not been renounced, all tokens are at risk of being destroyed without warning. To @10Ronaldinho team: Please… pic.twitter.com/XLrU671nbi — GoPlus Security (@GoPlusSecurity) March 3, 2025 There are no official warnings that the holder has the power to change a user’s balance at will. There is also no plan for a fair launch or allocation, as STAR10 was sniped and early retail buyers essentially transferred their liquidity to whales. After the code’s flaws came to light, the Ronaldinho team responded immediately. Through an X statement, the team announced the feature has been revoked and ownership is now immutable, with no centralized control. The announcement arrived after Binance’s founder Changpeng ‘CZ’ Zhao reiterated the warning of the potential to burn tokens through a team-controlled contract. Paradoxically, a mention by Zhao drove STAR10 to rally again, trading above $0.30. STAR10 behaves like an insider project Less than a day after its launch, the STAR10 token was already getting shorted by traders, who expect a much larger price drop. The reason was the residual skepticism for celebrity tokens, which end up using fans as exit liquidity. The token’s site promises some utility for holders, including token-based games and additional airdrops. However, the immediate launch on a DEX and the early sniping undermined the idea of long-term holders. Even in the early hours of trading, buyers had to absorb 25% losses. The other big problem is that STAR10 looks like it was sniped by a concentrated group of whales, suspected to be insiders. An estimated 80% to 86% of the supply is held in those wallets and sold to the market, putting pressure on the price. The team stated initially that its allocation would be locked for 30 days , with the option to extend the holding period. Later, Ronaldinho’s team announced the liquidity will be locked forever. However, this did not solve the issue of snipers and early whale buyers, who may have been aware of the upcoming launch. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Binance will eliminate several non-MiCA stablecoins by April 2025. Users can convert stablecoins to compliant options before the removal date. Continue Reading: Binance Takes Action Against Non-MiCA Stablecoins in EEA The post Binance Takes Action Against Non-MiCA Stablecoins in EEA appeared first on COINTURK NEWS .
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by 12%, $BTC by 7%, and $ETH by 6%. The broader market, too, did a 180-turn after Friday’s dip . Trump’s choice of altcoins wasn’t random. The four have the largest market caps among all cryptocurrencies, only excluding stablecoins and $BNB (why the reserve doesn’t include $BNB is an entirely different question up to discussion). Besides, Ethereum boasts the most mature dApp ecosystem, Solana has the most active wallet addresses (over 3M, likely due to its popularity among meme coin traders), and XRPL is the most viable alternative to traditional bank payment systems like SWIFT. It’s no wonder the government sees the native coins of these networks as blue-chip investments. As for $ADA, its parent network Cardano prioritizes regulatory compliance and an academic, peer-reviewed development approach, which aligns perfectly with governmental needs. We share the three best altcoins to buy before the bull run comes into full force. 1. Solaxy ($SOLX) Helps Solana Scale Up Without Compromising Performance The Solana ecosystem is poised for even faster growth now that $SOL has become part of the national stockpile. However, the network isn’t ready to handle an influx of new crypto projects. Sudden activity spikes (like when the Trump couple launched their meme coins) often cause network congestion, resulting in slow or failed transactions. Solaxy ($SOLX) could be the next crypto to explode because its Layer-2 solution aims to speed up verification and lower fees on Solana. It uses Ethereum’s rollup architecture to bundle transactions and offload them to its side chain for processing before returning them to the main layer. The $SOLX token presale raised over $24.7M and is now approaching the next milestone, after reaching which the token price will increase. This means now is the last chance to buy $SOLX at $0.001652 per token. Analysts predict $SOLX to hit $0.032 if it secures listings on Tier-1 exchanges, which is plausible given its role in enhancing Solana’s scalability. 2. BTC Bull Token ($BTCBULL) Rewards Its Loyal Holders $BTC Airdrops BTC Bull Token ($BTCBULL) is the only meme coin that rewards its HODLers with $BTC airdrops. When (not if) $BTC hits $150K and $200K, investors holding $BTCBULL in the Best Wallet app will receive a $BTC airdrop. The project also plans a massive $BTCBULL airdrop when $BTC reaches $250K. To drive price appreciation, BTC Bull will burn a part of $BTCBULL tokens when $BTC hits $125K, $175K, and $225K price targets. Early adopters can maximize their potential returns with a 137% dynamic staking APY. The yield will decrease as more investors join the pool, so now is the time to take the bull by the horns. $BTCBULL had enormous early success with $1M raised in two days, which makes it one of the best presales in 2025 . One token now costs $0.00239, but the price will increase once the project hits the $3.6M fundraising milestone. 3. Algorand ($ALGO) Might Be the Next Addition to the US Crypto Reserve $ALGO, the native token of institutionally-focused blockchain Algorand, is a strong contender to join the US crypto reserve in the future. Think of it – Algorand bears many similarities with Cardano and XRPL. It’s highly scalable, secure, and suitable for enterprise and government-grade applications like identity management and CBDCs. The project has already partnered with Koibanx to develop El Salvador’s blockchain infrastructure and worked with the Marshall Islands on their digital currency ($SOV). On top of it, Algorand was founded by a Turing Award-winning cryptographer from MIT. Academic foundation and US origin could earn it bonus points from Trump’s administration. $ALGO now ranks #42 among all cryptocurrencies, with a modest 11% yearly increase. However, the broader bull run might benefit the token’s price and help it rebound to its former heights of $2-$3. Strategic Reserve Legitimizes Crypto Trump’s administration has fundamentally changed the crypto market. No longer is it a playground for outcasts – it’s now a legitimate part of the national financial infrastructure, recognized at the highest levels of power. While the five cryptos that form the backbone of the US strategic reserve might be the safest investments, altcoins like $SOLX , $BTCBULL , and $ALGO could bring their holders greater returns due to their lower market caps. But as we’re entering the new bull run, remember that no gains are guaranteed. Always DYOR and diversify your portfolio to offset potential losses (even the government spreads risk across five tokens instead of going all-in on $BTC).