Connect with us

Business

Trump Signs Executive Orders on AI, Crypto, JFK, MLK

Published

on


President Donald Trump signed executive actions related to cryptocurrency and artificial intelligence, moves that could bolster two nascent industries. He also signed orders to declassify documents related to the assassinations of US President John F. Kennedy, Senator Robert Kennedy and civil rights leader Martin Luther King Jr. He spoke to reporters in the White House. (Source: Bloomberg)

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

ECB Faces Sticky Prices That Dent Its Case for Cuts, Poll Shows

Published

on


Inflation concerns are staging a comeback, raising questions over when the European Central Bank may need to pause or halt interest-rate reductions in the spring, according to a Bloomberg survey of economists.

Source link

Continue Reading

CryptoCurrency

Better Markets Files Amicus Brief Backing SEC in Ripple Case

Published

on

Better Markets Files Amicus Brief Backing SEC in Ripple Case

Better Markets, a non-profit advocating for financial reform, has filed an Amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its ongoing legal battle with Ripple Labs.

The organization argues that a prior decision by the District Court for the Southern District of New York undermines investor protections.

Ripple’s Victory Under Scrutiny

In its brief, Better Markets claims that XRP qualifies as a security. The non-profit also asserted that the district court’s ruling weakened the Howey test, a cornerstone of U.S. securities laws, by narrowing the definition of “investment contracts.”

According to the organization, the court excluded many crypto transactions from regulations, potentially exposing investors to fraud. It claims that retail traders are at risk since the SEC now has a diminished capacity to protect less sophisticated investors from fraudulent schemes because of the court’s interpretation of the law.

Advertisement

Ripple won a partial victory against the SEC in a case the regulator brought against it, alleging the payments platform conducted an unregistered securities offering by selling XRP.

In that ruling, District Judge Analisa Torres declared the token was not a security when sold to retail investors on crypto exchanges. However, she found it violated securities laws when offered to institutional investors.

Legal Expert Dismisses Better Markets’ Action

Better Markets’ move comes just a week after the SEC formally appealed against Judge Torres’ ruling, asking the U.S. Court of Appeals for the Second Circuit to overturn it. While the agency called the judge’s decision “factually and legally” wrong, Ripple’s top attorney, Stuart Alderoty, described the appeal as “a rehash of already failed arguments.”

The brief has sparked reactions from legal experts and the crypto community at large. Some have pointed out ties between the Better Markets CEO Denis Kelleher and the Biden administration, where he was part of the transition team, alleging bias.

Advertisement

Lawyer Jeremy Hogan has criticized the organization’s argument as lacking substance and failing to engage with the court’s finding.

“Better Market’s Amicus Brief was hard to read. Not because I don’t think this case will ever be ruled on by the appellate court, but because it COMPLETELY misses (or misconstrues?) what the Trial Judge ruled,” he said.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Source link

Continue Reading

CryptoCurrency

Dogecoin (DOGE) Lags Behind: Struggles to Reignite Bullish Momentum

Published

on

Dogecoin (DOGE) Lags Behind: Struggles to Reignite Bullish Momentum

Dogecoin started a downside correction from the $0.400 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it stays above $0.3350.

  • DOGE price started a fresh decline below $0.3880 and $0.3650.
  • The price is trading below the $0.3550 level and the 100-hourly simple moving average.
  • There is a major bearish trend line forming with resistance at $0.3520 on the hourly chart of the DOGE/USD pair (data source from Kraken).
  • The price could start another increase if it clears the $0.3520 and $0.3550 resistance levels.

Dogecoin Price Dips To Support

Dogecoin price started a fresh decline from the $0.400 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.3800 and $0.3650 support levels. It even spiked below $0.350.

A low was formed at $0.3416 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $0.4014 swing high to the $0.3416 low. There is also a major bearish trend line forming with resistance at $0.3520 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.3550 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3520 level and the trend line.

The first major resistance for the bulls could be near the $0.3550 level. The next major resistance is near the $0.3720 level or the 50%  Fib retracement level of the downward move from the $0.4014 swing high to the $0.3416 low.

Advertisement

Dogecoin Price

A close above the $0.3720 resistance might send the price toward the $0.3860 resistance. Any more gains might send the price toward the $0.40 level. The next major stop for the bulls might be $0.420.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.3550 level, it could start another decline. Initial support on the downside is near the $0.3420 level. The next major support is near the $0.3380 level.

The main support sits at $0.3250. If there is a downside break below the $0.3250 support, the price could decline further. In the stated case, the price might decline toward the $0.3020 level or even $0.300 in the near term.

Technical Indicators

Advertisement

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.3400 and $0.3380.

Major Resistance Levels – $0.3550 and $0.3720.

Advertisement

Source link

Continue Reading

Business

Chinese tourists avoid far-flung trips over lunar holiday

Published

on


“We’re not going to see the heyday of Chinese coming in, going into big luxury shops and buying loads of handbags.” Read More

Source link

Continue Reading

Technology

AMD confirms processor security flaws after Asus patch slips out early

Published

on

AMD Ryzen 5 7600X processor


  • Asus mentioned an AMD microcode flaw in recent patch notes
  • The flaw was not yet publicized by the processor manufacturer
  • AMD has since confirmed the news

AMD has seemingly confirmed the existence of a microcode vulnerability which apparently spilled, unintentionally, from PC maker Asus.

Security researcher Tavis Ormandy recently spotted a BETA bios fix for a “microcode signature verification vulnerability” apparently plaguing Asus’ gaming motherboards, being mentioned in the company’s release notes.

Source link

Advertisement
Continue Reading

CryptoCurrency

The Next Bridge.xyz? BlindPay’s CEO Wants to Revolutionize Global Payments

Published

on

BlindPay CEO Bernardo Simonassi Moura

With payment firm Stripe’s recent $1.1 billion acquisition of stablecoin platform Bridge.xyz sending shockwaves through the crypto payments sphere, attention is turning to the next generation of stablecoin payment infrastructure providers.

Among them is BlindPay, a 2024 Consensus hackathon winner and Y Combinator 2025 (W25) batch company that’s taking a distinct approach to the challenge of global payments (if you’d like to apply for the EasyA Hackathon at Consensus Hong Kong 2025, please go here).

While Bridge.xyz captured the U.S. and European markets with its enterprise-focused strategy, BlindPay is betting on emerging markets — particularly those in Latin America — as the key to widespread stablecoin adoption. This focus comes at a time when a16z crypto predicts increasing enterprise acceptance of stablecoins for payments, calling them “the cheapest way to send a dollar.”

Advertisement

“What differentiates us from Bridge is our focus on emerging markets,” says Bernardo Simonassi Moura, BlindPay’s 26-year-old CEO. “We already operate in Argentina, Mexico, Colombia and Brazil, and we have our compliance and regulations in place to onboard customers in those regions.”

This series is brought to you by Consensus Hong Kong. Come and experience the most influential event in Web3 and Digital Assets, Feb.18-20. Register today and save 15% with the code CoinDesk15.

Unlike Bridge’s enterprise-centric model that relies on monthly commitment fees, BlindPay takes what Moura calls a “Shopify approach” of trying to democratize access to global payment rails for small and medium-sized businesses via a transaction-fee model. This strategy aligns with a16z’s prediction that small and medium-sized businesses will be among the first to embrace stablecoin payments in order to avoid the hefty transaction fees levied by traditional finance companies.

Since its launch in July, the approach has proven highly effective, with BlindPay securing 19 customers across gaming, payments, and DAOs, including notable names such as LootRush in gaming and Hifibridge and WalaPay in payments. Monthly payment volumes have grown from $30,000 at launch to over $300,000 recently, and Moura expects that figure to grow to $2.5 million by the addition of new customers.

Advertisement

BlindPay’s competitive advantage lies in its deep integration with Latin American markets, particularly Brazil, where crypto adoption ranks top ten globally, according to Chainlysis. In addition, Moura is focusing heavily on developer experience, drawing on his seven years of experience as a software engineer and product designer. “I always strive to bring the seamless and intuitive developer experience that platforms like Resend, Stripe, Ankey, SVX, and Clerk offer to the Web3 space,” he says.

The market opportunity

BlindPay’s potential market is substantial. The cross-border payment industry, currently dominated by SWIFT, processes approximately $33 trillion annually. Stablecoins, which moved $8.5 trillion in 2024, offer a compelling alternative. “If I want to send money from Brazil to Argentina using stablecoins, it takes 30 seconds, while SWIFT takes five business days,” Moura points out.

Looking ahead, BlindPay’s ambitions extend beyond stablecoin integrations. “We have a long-term strategy of leveraging our team’s fintech experience to launch banking-as-a-service features powered by stablecoins,” Moura says. To that end, the company plans to connect with card networks, enable stablecoin spending through card issuance and facilitate buying tokenized stocks from regulated regions.

With its four co-founders bringing experience from traditional fintech — including Silicon Valley’s Lending Club and Brazilian fintech unicorns — BlindPay is well positioned to bridge the gap between traditional finance and crypto-native solutions. As the stablecoin payment landscape evolves, their focus on emerging markets, developer-friendly infrastructure and developing a comprehensive stablecoin-powered banking ecosystem could prove to be a winning strategy in the race to revolutionize global payments.

Advertisement

Source link

Continue Reading

CryptoCurrency

XRP Price Prediction: $5 as the Next Key Point—Can Cardano (ADA) and Polygon (POL) Follow Suit, or Will a New Solana MemeCoin Steal the Spotlight?

Published

on

XRP Price Prediction: $5 as the Next Key Point—Can Cardano (ADA) and Polygon (POL) Follow Suit, or Will a New Solana MemeCoin Steal the Spotlight?

The crypto market buzzes with excitement as XRP eyes a notable financial milestone. Investors are eager to see if Cardano (ADA) and Polygon (POL) will mirror this potential growth, or if a new Solana-based MemeCoin will capture the market’s attention. With the bull run underway, the unfolding dynamics in the digital currency sphere promise intriguing developments.

Trump’s Victory Fuels Meme Coin Frenzy—Catzilla Ready to Soar

Donald Trump’s electrifying return has reignited the crypto market, and meme coins are leading the charge. While major coins crawl with modest gains, Catzilla ($CATZILLA) is preparing for a seismic leap into the spotlight.

With Trump’s pro-crypto vision to make the U.S. a global crypto powerhouse, the stage is set for a bull run like no other. His victory signals a golden era for meme coins, and Catzilla is positioned as the apex predator in this landscape.

Catzilla isn’t here to play cute games—it’s here to rewrite the rules of DeFi.

Advertisement

A hero in the battle for financial freedom, Catzilla combines the power of chaos with the heart of a warrior, uniting crypto enthusiasts and meme lovers in its unstoppable fight against outdated systems.

As Trump ignites a new wave of crypto excitement, one question roars louder than ever: Will Catzilla claim its crown as the king of the meme coin jungle?

The Big Cat is ready to fight! Get in early and claim your $CATZILLA before it skyrockets!

The days of fleeting hype like $PNUT or $GOAT are over. Their time has passed. Catzilla, with its bold narrative and ambitious roadmap, is ready to dominate the meme coin market and deliver jaw-dropping gains to those who dare to follow.

Advertisement

Catzilla roars into action with 700% ROI potential! Starting at just $0.0002 in presale, the price climbs to $0.0016 over 14 explosive stages. Move fast, and you could grab $CATZILLA with an 88% discount—a deal no serious investor can afford to miss.

Catzilla: Claw Your Way to the Top Now

Stage 4/14 is LIVE, and $CATZILLA is currently priced at just $0.0006. Don’t wait—this is your chance to lock in your tokens before the price increases 16.67% to $0.0007 in the next stage.

Missed the first three stages? Don’t worry—we’re still at the beginning of the presale, with 10 more stages to go! But remember, with each stage, the price rises, so the earlier you join, the greater your potential gains.

⚡Catzilla’s presale is live—join the roar and let your wallet grow bigger than ever!⚡

Advertisement

Earn While You Share: The Catzilla Multi-Level Referral Program

Catzilla isn’t just about investing—it’s about empowering the community. With its multi-level USDT referral program, you can earn rewards just by sharing your referral link. Here’s how it works:

  • 8% of every token purchase made by your direct referrals (Level 😺).

  • 2% of every token purchase made by your referrals’ referrals (Level 😺😺).

  • 1% of every token purchase made by referrals’ referrals’ referrals (Level 😺😺😺).

Simply share your link and start earning passive USDT income while helping others join the Catzilla movement.

Share Your Link and Start Earning Passive USDT Now!

Why Catzilla?

Catzilla is here to roar louder than ever, blending the best of crypto enthusiasts, meme addicts, anime fanatics, and DeFi warriors into one unstoppable force. This electrifying fusion unites communities under a single, power-packed banner. With its bold storytelling, irresistible rewards, and jaw-dropping profit potential, Catzilla isn’t just a token—it’s a movement ready to dominate the market and steal the spotlight. Get ready to be captivated—Catzilla is taking over!

Advertisement

Catzilla’s presale is live—join the roar and let your wallet grow bigger than ever!

XRP Eyes New Heights as Crypto Bull Run Looms

XRP is showing promising signs, with its current price range between $2.39 and $3.46. The coin has seen a month-on-month increase of over 35%, hinting at positive momentum. Supported by a 6-month surge of around 408%, XRP could be gearing up for another breakthrough. Its nearest resistance is just shy of $4. If it breaks this, it could aim for the second resistance near $5, signaling potential gains of over 40% from the current upper range. Watch the support levels at $1.83 to stay cautious, but the overall trend seems poised for upward movement. The crypto market awaits another bull run, and XRP might lead the charge.

Cardano (ADA) On Verge of Breakout: Bullish Signs Brewing

Cardano is currently navigating a range between $0.86 and $1.15. Despite a recent dip of over 10% in the past week, the cryptocurrency has seen a substantial rise of around 130% in the last six months. This hints at potential for future growth. The nearest resistance at $1.30 suggests a push past it could trigger further gains, potentially reaching the next resistance at $1.59. ADA’s RSI at 40.11 shows it’s neither overbought nor oversold, creating room for upward momentum. Its price sits close to the 10-day moving average, suggesting consolidation before a possible surge. With strong fundamentals, Cardano may be poised for impressive gains in the coming months.

Will POL (ex-MATIC) Ignite a Bull Run Soon?

POL is currently priced between $0.40 and $0.51. It’s navigating a bearish zone, with resistance at $0.56 and support at $0.35. The 10-day simple moving average is below the 100-day one, hinting at a short-term challenge. The relative strength index is under 40, suggesting selling pressure. However, potential for a bounce exists given past 6-month growth of nearly 14%. If momentum changes, POL could target $0.56 and possibly $0.67, offering gains of about 30%. Despite recent declines, POL holds promise if market conditions shift. Keep an eye on support as a break below $0.35 might be concerning.

Advertisement

Site: Catzilla ($CATZILLA)

Twitter: https://x.com/CatzillaToken

Telegram: Telegram Chat

Telegram News

Advertisement

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source link

Continue Reading

CryptoCurrency

Elizabeth Warren joins call for probe of Trump over crypto tokens

Published

on

Senator Elizabeth Warren said Donald Trump’s memecoin could raise “the specter of uninhibited and untraceable foreign influence over the US president.”

Source link

Continue Reading

Business

China’s Exports of Solar Silicon Outpace Imports For First Time

Published

on


China’s exports of polysilicon used by the solar industry exceeded imports last year for the first time, as panel manufacturers shifted more operations overseas to contend with a glut at home.

Source link

Continue Reading

Technology

Tom Brady’s Autograph merges with digital fitness company Future

Published

on

TAMPA, FLORIDA - JANUARY 05: Broadcaster Tom Brady looks on during warm ups prior to the game between the New Orleans Saints and the Tampa Bay Buccaneers at Raymond James Stadium on January 05, 2025 in Tampa, Florida. (Photo by Mike Ehrmann/Getty Images)

Autograph, the NFT company co-founded by Tom Brady, is merging with the digital fitness company Future. As part of the merger, Brady will join the board of directors of Future and serve as co-chair of the company. 

Brady co-founded Autograph in 2021 to find ways to connect athletes and artists with fans, ultimately launching an NFT marketplace and raising more than $200 million valued at $3.1 billion, according to PitchBook. The company relaunched late last year, without the NFT component, as a platform that tracks fan engagements and rewards them for it. It counted the likes of Naomi Osaka and Tony Hawk on its board of advisers and was backed by Andreessen Horowitz and Lightspeed Venture Partners. 

Future, meanwhile, connects people with digital fitness coaches and builds personalized fitness routines for users.  

Autograph faced some challenges, especially after the crypto market crashed and the NFT market cooled. In 2023, the company had layoffs and at one point was down to 30 people, as reported by Fast Company

Advertisement

Rishi Mandal, co-founder and CEO of Future, made the announcement on LinkedIn. Speaking to TechCrunch, Mandal said he and Brady met through Richard Rosenblatt, co-founder of Autograph, and discussed partnerships but ultimately decided they should be one company, he said. While all parties are calling this a merger, not an acquisition, the company will retain the name Future. Mandal said it was too early to announce new products but said that Future will look to combine Autographs’ celebrity connections with Future’s athletic mission. The goal is to find a way to let people train with top athletes and receive expert coaching. 

Future has raised more than $100 million and was last publicly valued at $275 million, according to PitchBook.

This story was updated to clarify how Mandal and Brady met.

Source link

Advertisement
Continue Reading

Trending

Copyright © 2025 WordupNews