Month: February 2025

MEVpool, The Best Bandaid We Have For MEV

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Miner Extractable Value. That phrase is essentially one of the biggest fundamental risk spaces that exist for blockchain based systems. The original conception of a blockchain included incentives for miners (or other consensus participants deciding transaction ordering) to earn revenue based on whatever initial block subsidy is entered into circulation each block in addition to fees paid by users to have their transactions confirmed.  These two things are no longer the only sources of revenues that incentivize the actions of miners. More complicated contracts and protocols now exist to facilitate…

Bitcoin spot and margin longs push BTC to $85K, but the bottom isn’t in yet

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The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120.  Some traders believe that Bitcoin (BTC) was overdue for a bounce, given how deeply oversold some of its technical indicators had become. Those holding that belief warn that once bids are filled near the recent lows, if new buyers fail to sustain the momentum or negative macroeconomic newsflow resumes, BTC is likely to revisit its recent lows. …

GENIUS stablecoin bill to begin Banking Committee review on March 10 week

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Key Takeaways The GENIUS stablecoin bill seeks to create a regulatory framework for stablecoins in the US. The bill allows federal oversight for issuers with over $10 billion in market capitalization. Share this article The Senate Banking Committee plans to review Senator Hagerty’s stablecoin bill, known as the GENIUS Act, during the week of March 10, according to three Senate aides familiar with the matter. 🚨SCOOP: @BankingGOP is eyeing the week of March 10 for a markup of @SenatorHagerty’s stablecoin bill (the GENIUS Act), per three Senate aides familiar with…

XRP price to $18K? — One crypto ‘research’ group says it’s possible

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The speculative nature of cryptocurrencies personifies the idea that “anything is fair game” when it comes to valuation. These analyses can thread a thin line between being respectable or ridiculed. In 2018-2019, tossing the idea of a $100,000 Bitcoin price was considered so absurd that renowned economists took offense and condemned the mere thoughts of such statements. Bitcoin (BTC) certainly got the last laugh in that case, and in 2025, the same optimism is flowing within another ferociously loyal community, the XRP (XRP) army.  After President Trump’s election victory, XRP…

States likely to adopt Bitcoin reserves first: Report

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States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York.  “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report.  In July 2024, Lummis, a Wyoming Republican, proposed legislation that would require the US federal government to create a national Bitcoin stockpile.  Her bill, dubbed the BITCOIN Act, calls for the US Treasury Department to…

Secure onchain UI would have prevented Bybit hack — Dfinity founder

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Dominic Williams, the founder and chief scientist at the Dfinity Foundation — a nonprofit organization that maintains and facilitates the development of the Internet Computer Protocol (ICP) — recently told Cointelegraph that applications should be fully onchain to prevent the user interface compromise seen in the recent Bybit hack. According to Williams, most decentralized applications and blockchain projects currently feature onchain tokenomics but rely on centralized web platforms, such as Amazon Web Services, for their infrastructure — which makes these applications and projects vulnerable to centralized security breaches. The Dfinity…

World competitor Billions Network launches non-biometric digital ID

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Billions Network has launched a digital identification platform that doesn’t require users to hand over their biometric data, a move the company says preserves privacy and goes against the grain of competing projects like Sam Altman’s World.  According to a Feb. 28 announcement, Billions Network has created a universally accessible verification platform for humans and AI agents that’s based on Circom, its zero-knowledge verification technology. The company claims that its verification system has already been tested by financial institutions Deutsche Bank and HSBC.  More than 9,000 projects, including TikTok and…

Bitcoin’s ‘Trump trade’ is over — Traders shift hope to Fed rate cuts, expanding global liquidity

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Financial markets are sending mixed signals as uncertainty reaches new highs. On Feb. 25, the US debt ceiling was raised from $36.1 trillion to $40.1 trillion, marking another massive expansion in government borrowing. Following a historical pattern, the benchmark 10-year Treasury yield reacted to the news by dropping from 4.4% to 4.29%. While this may seem counterintuitive, markets tend to interpret debt ceiling resolutions as stabilizing events, reducing near-term uncertainty even if they imply higher borrowing down the line. However, the stock and crypto markets, which usually benefit from lower…

Weeks like this will rattle your conviction

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Whether you’re new to crypto or a seasoned vet, there’s no sugar-coating that it has been a horrible week for markets. Bybit suffered the largest hack in the industry’s 15-year history, Bitcoin (BTC) plunged more than 20% from its high and US President Donald Trump inched closer to slapping 25% tariffs on imports from Canada and Mexico. Bitcoin proxy stocks also plunged due to a combination of earnings misses, operational losses and a strong correlation with BTC.  This week’s Crypto Biz newsletter dissects the fallout from the Bybit hack, Strategy’s…

Trump company files trademarks for branded metaverse, NFT marketplace

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Trump-owned company DTTM Operations filed for trademarks on Feb. 24 for the word ‘TRUMP’ in connection with a metaverse and NFT marketplace built around the US President’s brand. In this Trump-themed virtual world, users would be able to shop for physical and virtual goods, dine in a Trump restaurant, enjoy simulated transport by limousine, aircraft, train, and automobile, and watch public service programs about social issues, current events, and fundraising. Notably, the Trump metaverse would also feature virtual training services, personal coaching services, and guided tours of hotels and public…