of the world leaders in adoption. However, recent enforcement actions, which led to the shutdown of global exchanges like Coinbase (NASDAQ: COIN) and KuCoin, have dampened the sector, leading to a drastic dip in stablecoin volume last year. In February 2025, the government also filed a lawsuit against Binance, demanding $79 billion for economic losses and $2 billion in back taxes, which would be the biggest fine in the sector.
$BTC $XRP $BNB 💥 𝗚𝗮𝗺𝗲𝗦𝘁𝗼𝗽 𝗜𝗻𝘃𝗲𝘀𝘁𝘀 𝗶𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻: GameStop has thrown its hat into the cryptocurrency ring by investing in Bitcoin. The news saw the stock of the gaming retailer shoot up 8.3 percent during after-hours trading. GameStop is aligning itself with other companies, including the likes of Tesla and Strategy, which have also invested in Bitcoin. Although GameStop reported a 28% drop in revenue during the last quarter of 2024, it is set to adjust to the changing times of the industry of digital download and streamed games.
💥 𝗧𝗿𝘂𝗺𝗽 𝗠𝗲𝗱𝗶𝗮 𝘁𝗼 𝗟𝗮𝘂𝗻𝗰𝗵 𝗖𝗿𝘆𝗽𝘁𝗼 𝗘𝗧𝗙𝘀: Trump Media & Technology Group Corp., which is led by President Donald Trump, is teaming up with Crypto.com to launch "Made in America" exchange-traded f on digital assets (ETFs) targeting curities. The move aligns with Trump's pro-cryptocurrency position and his vision to position the U.S. as a world crypto hub. The ETFs are expected to be launched later this year. 💥 𝗕𝗹𝗮𝗰𝗸𝗥𝗼𝗰𝗸 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗣 𝗶𝗻 𝗘𝘂𝗿𝗼𝗽𝗲: BlackRock, the global asset manager with the largest assets under management, has rolled out its first Bitcoin exchange-traded product (ETP) in Europe, called 'iShares Bitcoin ETP.' The product is registered in Switzerland and listed on Paris, Amsterdam, and Frankfurt. This comes after the company's success in drawing more than $50 billion into comparable cryptocurrency products in the United States. 💥 𝗥𝗶𝗽𝗽𝗹𝗲 𝗟𝗮𝗯𝘀 𝗦𝗲𝘁𝘁𝗹𝗲𝘀 𝘄𝗶𝘁𝗵 𝗦𝗘𝗖: Ripple Labs entered into an agreed settlement Securities and Ex 'with the U.S. Commission of a civil claim regarding the illegal sale of unregistered securities. The firm pays a discounted fee of $50 million, decreased from the $125 million set before. 💥 𝗖𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀: • Bitcoin is holding steady at prices well over $87,000 as investors watch U.S. data releases and tariffs to come from April 2. • Other cryptos such as Solana's SOL, XRP, BNB, and Ether have risen modestly, with Dogecoin (DOGE) and Shiba Inu (SHIB) showing signifjumps jumps.
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