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The Ethereum Foundation’s getting roasted for dumping ETH nonstop, and things got worse after an employee’s awkward attempt to defend the move sparked a huge backlash. Ethereum’s off to a rough start in 2025 (ETH). The Ethereum Foundation keeps selling off ETH, and their defense of it isn’t sitting well with the community. While Bitcoin (BTC) and other altcoins are hitting new all-time highs, Ethereum’s been stuck in the mud. ETH started 2024 at $2,350, shot up to $4,000 by December, and then tanked again. It’s still miles away from its 2021 high of $4,878, and plenty of investors aren’t…

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Gate Ventures, the venture capital division of Gate.io, has committed $20 million to the BNB Incubation Alliance.  The alliance is a collaborative initiative by Binance Labs and BNB (BNB) Chain, is designed to support blockchain and Web3 startups with funding, mentorship, and technical assistance, according to a Gate.io release. The BNB Incubation Alliance aims to connect venture capital firms, developer communities, and incubators to accelerate the development of blockchain projects. It focuses on early-stage startups and provides resources such as financial backing, professional coaching, and technical guidance. This investment from Gate Ventures is expected to enhance the alliance’s ability to…

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As Donald Trump prepares to take office as the 47th President of the USA, his family’s involvement in crypto continues to make headlines. This is not about the recent launch of the $TRUMP and $Melania tokens. World Liberty Finance, a decentralized platform backed by the Trump family, has recently acquired several high-profile Ethereum Name Service (ENS) domains. These domains are notably BarronTrump.ETH, EricTrump.ETH, TrumpCoin.ETH, and WorldLiberty.ETH, and were transferred to the World Liberty Multisig wallet on January 19, 2025. ENS domains simplified crypto transactions by replacing complicated wallet addresses with user-friendly names. WLFI buys ENS domains Source: Etherscan As these…

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Crypto data aggregator CoinGecko has came up with a new category of tokens based on their “significant connections” to the United States. CoinGecko, a crypto price data aggregation platform, has launched a new category, which lists tokens tied to the U.S. through their founding teams or company headquarters. In a Jan. 20 announcement on X, the platform revealed the new category “Made in USA,” which lists tokens that have “significant connections to the United States, either through their founding team or company headquarters.” The list, which consists of 18 tokens with a total market capitalization of $432 billion, has such…

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According to Reuters, Spain’s Prime Minister, Pedro Sanchez, announced that the government will provide €150 million, to help businesses integrate artificial intelligence technologies. This move, designed to speed up the development and adoption of AI in the corporate sector, is part of Spain’s broader strategy to strengthen its position in the global tech landscape. The funding will be in the form of subsidies and is designed to help companies of all sizes improve their operations with AI-driven innovations. It will have far-reaching impacts, particularly for startups, small and medium-sized enterprises (SMEs), and large corporations that are eager to embrace AI…

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A new era for XRP As the new Trump administration begins, the U.S. is positioning itself to lead the global crypto landscape. Trump’s commitment to blockchain technology and financial freedom is spotlighted by his support for a crypto-friendly agenda, including the appointment of David Sacks as the first AI and Cryptocurrency Czar. Additionally, Paul Atkins, Trump’s pick for SEC Chairman, has a history of supporting the crypto industry. His leadership could reshape the SEC’s approach toward Ripple, especially regarding the ongoing lawsuit. With Atkins potentially shifting priorities, there’s speculation that the SEC might drop its case against Ripple, paving the…

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NICOSIA, Cyprus, January 20th, 2025, Chainwire Leading crypto casino BC.GAME has unveiled its latest Monkey King-themed slot game, Wukong, alongside the launch of the “Wukong Gold Legend” event. During the event, players have the potential to earn Wukong Coins by playing the Wukong slot and can explore two opportunities to win: exchanging Wukong Coins for cash rewards or holding them for a chance to share in a 1 BTC prize pool. Wukong Gold Legend The Wukong Gold Legend event runs from January 11, 2025, to February 10, 2025. During this period, players can collect exclusive Wukong Coins through the following…

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Look out, here comes XRP! In the wake of the US presidential elections, XRP’s engine began to rev. Now, with the inauguration of President Trump only hours away, XRP is taking off! XRP Rides To Near All-Time High Ripple’s cryptocurrency, XRP, soared to a near all-time high, peaking at $3.31 with a 6.35% increase in 24 hours. Mounting optimism around Ripple has fueled the charge. There’s increased buzz about the approval of XRP-based Exchange-Traded Funds (ETFs) and favorable developments in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC initially filed a lawsuit against Ripple…

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Austin, Texas, January 20th, 2025, Chainwire A.R.T. Digital Holdings Corp. (OTCMKTS: CGAC), a publicly traded Digital Energy and Bitcoin mining company, has entered into a binding exclusivity agreement to secure the rights to utilize Forced Physics’ JouleForce cooling technology in the cryptocurrency mining sector. By leveraging this breakthrough innovation, A.R.T. Digital is advancing the development of a scalable mining system built to JouleForce specifications, addressing Bitcoin mining’s greatest challenges: thermal management, sustainability, and operational efficiency. This exclusive agreement highlights A.R.T. Digital’s commitment to advancing Bitcoin mining technology. It unlocks new opportunities to redefine industry approaches to thermal management, reinforcing the…

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Homepage > News > Finance > South Korea not ready to allow firms to hold digital assets Earlier this month, South Korea’s financial regulator indicated it was weighing introducing new regulations that would permit institutions to hold digital assets. The sector welcomed the news as it would inject liquidity and further legitimize the industry. However, the Financial Services Commission (FSC) has changed its tune, saying it needs more time to consider the implications of the decision. The Virtual Asset Committee of the FSC met this week to discuss the priorities for the year, and according to The Korea Times, allowing…

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