FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 25, 2025 01:10

USDC stablecoin receives approval for use in Japan, says Circle - Circle said it will officially launch its stablecoin in Japan on March 26 after one of its local partners received regulatory approval to list the US dollar stablecoin three weeks ago.USDC (USDC) will first be listed on the “SBI VC Trade” crypto exchange under a joint venture between its parent firm — Japanese financial conglomerate SBI Holdings — and Circle’s Japanese entity Circle Japan KK, Circle said in a March 24 statement.The news comes three weeks after SBI VC Trade secured an industry-first regulatory approval on March 4 to list USDC under the Japan Financial Services Agency’s stablecoin regulatory framework.Circle is also looking to list USDC on Binance Japan, bitbank, and bitFlyer in the near future.Japan’s bitbank and bitFlyer are two of the country’s largest crypto exchanges — having processed more than $25 million each over the last day with over 1.85 million visits to their websites in the last month.The regulatory approval comes after two years of back-and-forth negotiations with regulators, banking partners, and industry players, Circle’s Jeremy Allaire said in a March 24 X post.“[This] unlocks tremendous opportunities not just in trading digital assets, but more broadly in payments, cross border finance and commerce, FX,” he added.Source: Jeremy AllaireSBI Holdings CEO and president Yoshitaka Kitao said the USDC launch would enhance financial accessibility and drive crypto innovation in Japan’s evolving digital economy.“[This aligns] with our broader vision for the future of payments and blockchain-based finance in Japan.”Related: Gold-backed stablecoins will outcompete USD stablecoins — Max KeiserMeanwhile, USDC and Circle’s euro-backed EURC (EURC) stablecoin were recognized as the first stablecoins under the Dubai Financial Services Authority’s new regime on Feb. 24.The recognition allows companies operating in the Dubai International Financial Centre — a free economic zone — to integrate the two stablecoins into a range of digital asset applications, including payments, treasury management and services.USDC remains the second largest stablecoin by market cap at $59.7 billion, trailing only Tether’s USDT at $143.8 billion, CoinGecko data shows.Magazine: SEC’s U-turn on crypto leaves key questions unanswered

FOMO: 90%

thedefiant.io Mar 19, 2025 20:54

$11.5 Trillion BlackRock Buys 2660 BTC for $218 Million, Labels Bitcoin as Emerging Global Monetary Alternative - BlackRock, the $11

BTC

FOMO: 90%

thedefiant.io Mar 21, 2025 13:05

MicroStrategy Upsizes 10% Series A STRF Offering to $722.5M for Bitcoin, Set to Settle March 25 - MicroStrategy Inc

BTC

FOMO: 90%

youtube.com Mar 24, 2025 09:37

Ripple XRP Will Become A Crypto Leader A SHOCKING Bitcoin Purchase Is Rocking The Market - Excitement is palpable right now. There are HUGE discussions about XRP and its future ability to once again flip Ethereum in market rankings. A large number of crypto analysts are CONVINCED that XRP and Bitcoin are about to have the ride of their lives over the next 3...

FOMO: 90%

zycrypto.com Mar 13, 2025 17:52

$3 XRP Price Explosion In The Cards As Ripple Taps UAEs Thriving $40 Billion Cross-Border Payments Market - Ripple, a leading provider of enterprise blockchain and crypto solutions, announced Thursday that it had bagged full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE). With its new Dubai license,...

XRP

FOMO: 90%

cointelegraph.com Mar 19, 2025 17:32

SECs XRP reversal a victory for the industry: Ripple CEO - The US Securities and Exchange Commissions dismissal of its years-long lawsuit against Ripple Labs, the developer of the XRP Ledger blockchain network, is a victory for the industry, Ripple CEO Brad Garlinghouse said at Blockworks 2025 Digital Asset Summit in New York. Earlier on March 19,...

XRP

FOMO: 90%

dailyhodl.com Mar 25, 2025 22:01

$11,500,000,000,000 BlackRock Launches Bitcoin (BTC) Exchange-Traded Product in Europe: Report - BlackRock, the worlds largest asset manager, launched its first European Bitcoin (BTC) exchange-traded product (ETP) on Tuesday. According to a Bloomberg report, the iShares Bitcoin ETP (iB1T) began trading on Euronext Paris, Euronext Amsterdam, and Germanys Xetra exchange, offering...

BTC

FOMO: 90%

cointelegraph.com Mar 24, 2025 05:21

Weekend wrap: Trump pumps, Tornado Cash on MegaETH, solo miner wins $266K and more - TRUMP token rallies after President Trump says it “SO COOL”The Official Trump (TRUMP) memecoin linked to US President Donald Trump soared over 12% to $12.25 in 40 minutes on March 23, after the president called it “The greatest of them all” on social media.“I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” Trump said on Truth Social on March 23 at 2:33 am UTC.Source: Donald TrumpNearly $250 million was added to the TRUMP token’s $2.5 billion market cap by 3:11 am before the memecoin fell back down to $11.38 about 90 minutes later, CoinGecko data shows and is now trading at $11.82.Despite being the 53rd largest coin by market cap, Trump’s post contributed to it being the eighth most-traded token over the last 24 hours with $1.4 billion in trading volume.Not everyone who bought TRUMP walked away a winner on March 23.One whale who previously banked around $108 million on TRUMP lost $207,000 from a recent trade; blockchain analytics firm Lookonchain pointed out.The TRUMP token has traded mostly downward and sideways ever since it reached a peak market cap of $14.6 billion on Jan. 19.Change in TRUMP’s price since Jan. 18. Source: CoinGeckoTornado Cash goes live on MegaETH testnetA largely unknown crypto developer who goes by the name “GUNBOATs” on X has launched crypto privacy mixer Tornado Cash on MegaETH testnet — a new Ethereum layer 2 blockchain looking to resolve Ethereum’s scalability issues. The crypto developer showed a command-line interface (terminal window) of the Tornado Cash smart contract “0x0cB…65142” deployed on the MegaETH testnet at block 1,397,845 — which was timestamped on March 21 at 5:41 pm UTC, according to the MegaETH explorer.Source: GUNBOATsThe integration occurred shortly after the US Treasury Department removed Tornado Cash from its sanctions list on March 21 and two months after a US appeals court said the Treasury’s Office of Foreign Assets Control couldn’t sanction Tornado Cash smart contracts because they are not the property of a foreign national.MegaETH also launched its testnet on the same day the Tornado Cash sanction was lifted.While it isn’t clear if and when a full launch will occur, the company behind the MegaETH public testnet claims it offers “unparalleled performance” with 10 millisecond block times while processing around 20,000 transactions per second.Solo Bitcoin miner snags BTC block, banking $266KA solo Bitcoin miner believed to have been using a miner with less than one terahash per second (TS/s) has solved one of the blockchain’s blocks and earned a $266,552 reward.“Another solo miner found a block!! This time on a self hosted Public Pool. We can’t be sure but the guess is it was a miner with less than 1 TH/s,” Nerdminer Store said in a March 23 X post.The Bitcoin miner snared a total of 3.15 BTC for solving block 888,989, which was timestamped on March 23 at 1:30 am UTC, mempool.space data shows.That bounty included the current 3.125 Bitcoin subsidy and another 0.027 Bitcoin ($2,254) from transaction fees.If Nerdminer is correct in believing a miner with less than 1 TH/s was used to mine the block, the machine likely would have been a hand or pocket-sized rig that possesses a fraction of the hashrate that industrial-scale application-specific integrated circuits (ASIC) have.Example of a pocket-sized Bitcoin mining rig that may have solved Bitcoin block 888,989. Source: ASIC Miner ValueFor context, the Bitcoin mining marketplace estimates that the odds of the 1.2TH/s rig mining a solo block on any day is one in 4.6 million chance.It comes after a 0.48 TH/s mining machine solved Bitcoin block 887,212 on March 10, banking $263,000 in total rewards.No, the IMF did not say Bitcoin is ‘digital gold’Bitcoin was mentioned several times in the International Monetary Fund’s seventh edition of its “Integrated Balance of Payments and International Investment Position Manual,” which was published on March 20 — but none of which referred to it as “digital gold,” contrary to some reports. The IMF provided classifications on “crypto assets” such as Bitcoin as a “medium of exchange” while stating that many new digital assets are designed to also act as a “store of value.”The IMF’s comment on digital assets was misinterpreted by members of the crypto industry. Source: IMF“This is a massive stretch to jump to: ‘IMF says bitcoin is digital gold,’” Satoshi Action Fund CEO Dennis Porter said in a March 23 X post.“[It’s] a good sign that the IMF is recognizing this but definitely not an endorsement of Bitcoin as ‘digital gold.’”The IMF also distinguished fungible tokens from non-fungible tokens and classified the latter as either a token designed to act as a medium of exchange or as a security.Related: Who’s running in Trump’s race to make US a ‘Bitcoin superpower?Bitcoin and “crypto assets” were among nine “major changes” to the seventh edition, which comprised 1,076 pages.The IMF’s seventh edition was released as it continues to negotiate with El Salvador over narrowing the scope of the country’s Bitcoin activities.Other news: Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its Tether (USDT) stablecoin is backed at a 1:1 ratio. The auditing of Tether’s $143.5 billion worth of assets is expected to be more straightforward under US President Donald Trump, Tether’s CEO Paolo Ardoino reportedly said.The CEO of Pakistan’s Crypto Council, Bilal Bin Saqib, has proposed using the country’s runoff energy to fuel Bitcoin mining at the Crypto Council’s inaugural meeting on March 21. It is reportedly exploring comprehensive regulatory frameworks to attract more foreign crypto investment into the country and potentially become a crypto hub.Magazine: What are native rollups? Full guide to Ethereum’s latest innovation

FOMO: 90%

cointelegraph.com Mar 17, 2025 19:00

New BITCOIN Act would allow US reserve to exceed 1M: Law Decoded - The newly reintroduced Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025 by Senator Cynthia Lummis would allow the United States to potentially hold over 1 million Bitcoin (BTC) in its crypto reserves. The bill directs the government to buy 200,000 BTC annually over five years, to be paid for with existing funds within the Federal Reserve and the Treasury Department. If signed into law, the act would allow the US to hold more than 1 million BTC as long as the assets are acquired through lawful means other than direct purchases, including criminal or civil forfeitures, gifts, or transfers from federal agencies. Continue readingDemocratic lawmaker urges Treasury to cease Trump’s Bitcoin reserve plansUS Representative Gerald Connolly, a Democrat from Michigan, called on the Treasury to cease its efforts to create a crypto reserve in the United States. The lawmaker said there were conflicts of interest with US President Donald Trump and argued that the reserve would not benefit Americans.Connolly criticized the reserve in a letter addressed to Treasury Secretary Scott Bessent, arguing that there’s no “discernible benefit” to Americans and that the move would instead make Trump and his donors richer. Continue readingArgentine lawyer requests Interpol red notice for LIBRA creator: ReportArgentine lawyer Gregorio Dalbon is seeking an Interpol Red Notice for Hayden Davis, the co-creator of the LIBRA token, which caused a political scandal in Argentina. Dalbon submitted a request, seeking the Red Notice, to prosecutor Eduardo Taiano and judge María Servini, who are investigating the involvement of President Javier Milei in the memecoin project. In a filing, the lawyer said there’s a procedural risk if Davis remains free. The lawyer argued that Davis could have access to funds that might allow him to go into hiding or flee to the US. Continue readingAmerica must back pro-stablecoin laws, reject CBDCs — US Rep. EmmerIn a House Financial Services Committee hearing, US Representative Tom Emmer said that central bank digital currencies (CBDCs) threaten American values. The lawmaker called on Congress to pass his CBDC Anti-Surveillance State Act to block future administrations from launching a CBDC without congressional approval. Emmer said at the hearing that CBDC technology is “inherently un-American,” adding that allowing unelected bureaucrats to issue a CBDC could “upend the American way of life.”Continue readingTexas lawmaker seeks to cap state’s proposed BTC purchases at $250 millionRon Reynolds, a Democratic state representative in Texas, has proposed a cap for the state’s investment in Bitcoin or other cryptocurrencies. The lawmaker proposed in a bill that the state’s comptroller should not be allowed to invest more than $250 million in crypto. The bill also directs Texas municipalities or counties to not invest more than $10 million in crypto. The proposed bill follows the Texas Senate’s approval of legislation establishing a strategic Bitcoin reserve in the state.Continue reading

FOMO: 90%

youtube.com Mar 20, 2025 21:21

Did America Just Force the Bitcoin Supercycle?! - The U.S. has officially entered the Bitcoin accumulation race, launching a Strategic Bitcoin Reserve and ending the war on crypto! While Russia, Pakistan, and other nations scramble to keep up, the IMF is panicking—because they know the game has changed forever. With the U

BTC

FOMO: 90%

zycrypto.com Mar 27, 2025 17:26

XRP Moon Time? Ripples Garlinghouse Confident Of XRPs Inclusion To U.S. Stockpile After Landmark Legal Victory - Ripple CEO anticipates a wave of XRP ETF approvals in 2025 and also sees XRP as part of the Trump administrations proposed digital asset stockpile.

XRP

FOMO: 90%

feeds2.benzinga.com Mar 15, 2025 03:51

Arthur Hayes Predicts Bitcoin Surge To $250,000 By Year-End, Says Current Downturn Is Clearing Out Deadwood: \Short-Term Pain\ - Arthur Hayes, co-founder of BitMEX, has projected a significant increase in Bitcoins value, anticipating it will reach $250,000 by the close of the year.read more

BTC

FOMO: 90%

cointelegraph.com Mar 13, 2025 19:20

Senate Banking Committee advances GENIUS stablecoin bill - The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote.None of the amendments proposed by Senator Elizabeth Warren made it into the bill, including her proposal to limit stablecoin issuance to banking institutions.“Without changes, this bill will supercharge the financing of terrorism. It will make sanctions evasion by Iran, North Korea, and Russia easier,” Warren argued.Senator Warren argues for amendments to be included in the bill. Source: US Senate Banking Committee GOPSenator Tim Scott, chairman of the Senate Banking Committee, characterized the bill as a victory for innovation. The Senator said:The GENIUS Act establishes Common Sense rules that require stablecoin issuers to maintain reserves backed one-to-one, comply with anti-money laundering laws, and ultimately protect American consumers while promoting the US dollars strength in the global economy.The bill must still pass a vote in both chambers of Congress before it is turned over to President Trump and ultimately signed into law. However, the Senate Banking Committee advancing the bill represents the first step in clear, comprehensive legislation requested by the crypto industry.Senator Tim Scott, chairman of the Senate Banking Committee, leads the hearing. Source: US Senate Banking Committee GOPRelated: The GENIUS stablecoin bill is a CBDC trojan horse — DeFi execGENIUS Act gets overhaul to feature stricter provisionsSenator Bill Hagerty, who introduced the bill in February 2025, defended the legislation against the proposed amendments from Senator Warren, arguing that the bill already includes provisions for consumer protection, Anti-Money Laundering, and crime prevention.On March 10, Hagerty announced that the bill was updated to include stricter reserve requirements for stablecoin issuers, AML provisions, safeguards against terrorist financing, transparent risk management procedures, and stipulations for sanctions compliance.According to Dom Kwok, founder of the Web3 learning platform Easy A, the newly added provisions will make it harder for foreign stablecoin issuers to comply, giving US-based firms a competitive edge.Senator Bill Hagerty defends his bill from proposed amendments. Source: Senate Banking Committee GOPAttorney Jeremy Hogan said the GENIUS Act signals an impending merger of the traditional financial system with stablecoins.“The legislation is explicitly making plans for stablecoins to interact with the traditional digital banking system. The ‘merge’ is being planned,” the attorney wrote in a March 10 X post.During the March 7 White House Crypto Summit, US Treasury Secretary Scott Bessent explicitly said that the Trump administration would leverage stablecoins to protect the US dollars global reserve status.Magazine: Bitcoin payments are being undermined by centralized stablecoins

FOMO: 90%

coinjournal.net Mar 17, 2025 12:29

Binance launches zero-fee trading for Binance Wallet users - Binance introduces zero-fee trading for all pairs in its Binance Wallet. The promotion will run for six months, a move that has traders excited. Binance, the worlds leading cryptocurrency exchange, has launched zero-fee trading for users on its Binance Wallet. The crypto exchange behemoth...

FOMO: 90%

coinpedia.org Mar 22, 2025 06:56

Bitcoin Bull Run 2025: Can Bitcoin Reach $200K as Predicted? - . This indicates that investors confidence in the Bitcoin market has increased considerably. For more details, dive in! 10,000 BTC Removed from Exchanges – What It Means According to Alis …

BTC

FOMO: 90%