lebasem2

@lebasem2

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No excuses. No delays. Dropped everything and hit the gym. Time to grind. 💪

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Winklevoss said the move marks another milestone to end the war on crypto but added that the damage may have already been done, as some projects and other talent may have avoided the space in the face of the “regulatory attacks.”

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Stablecoin issuers worldwide should be required to register with US authorities, according to Jeremy Allaire, co-founder of Circle, the company behind the world’s second-largest stablecoin.

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Hacken, Bybit's independent proof-of-reserves auditor, confirmed that Bybit's reserves exceed its liabilities despite more than $5.3 billion in withdrawals in response to the high-profile hack.

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The increased exposure factored in rising market prices for BTC and ETH, which increased 41% and 26.3% from the beginning to the end of the fourth quarter, CoinGecko data shows.

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The document — which investment managers holding over $100 million worth of securities must file each quarter — shows Goldman also owns $3.6 million worth of the Grayscale Bitcoin Trust (GBTC).

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Investment bank Goldman Sachs increased its spot Ether exchange-traded fund (ETF) holdings by 2,000% in the fourth quarter of 2024, along with boosting its Bitcoin ETF stash to over $1.5 billion.

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A16z stands as one of the largest venture capital investment firms in the crypto industry, funding hundreds of crypto startups, including Maker — now Sky — Solana, Avalanche, Aptos, EigenLayer, Lido, Nansen, OpenSea, Coinbase and many others.

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In November, a16z said that it expects “greater flexibility to experiment” following the crypto regulatory shakeup under the new Trump administration.

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Quintenz said that “if the SEC had any doubt about the regulatory treatment of ETH [...] it wouldn’t have approved the ETF,” adding that if the asset were a security, the CFTC-listed future contracts “would be illegal.”

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He slammed the regulator for its inconsistent treatment of Ether, claiming the SEC had “explicitly acknowledged” that ETH was a non-security asset in October 2023 when it approved Ether futures exchange-traded funds (ETFs).

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During his tenure at the CFTC, he heavily backed the integration of digital asset derivatives and crypto products into the federal agency’s regulatory framework.

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Quintenz formerly served as a Republican commissioner of the CFTC during the first Trump administration between 2016 and 2020.

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Additionally, the document revealed that Trump has tapped Jonathan McKernan — who resigned from the Federal Deposit Insurance Corp on Feb. 11 — as the new permanent head of the Consumer Financial Protection Bureau.

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ETH holds a significant support level at the $2,700 mark, which could trigger more downside volatility during a correction.

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President Trump recently spoke with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau and agreed to a 30-day delay on US tariffs against the two countries.

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The meeting is aimed at resolving trade tensions and avoiding a full-scale trade war, which may have significant implications for global and cryptocurrency markets.

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Trump is set to meet with Chinese President Xi Jinping in the “next couple of days,” according to White House Press Secretary Karoline Leavitt.

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However, positive developments during negotiations between the countries may alleviate investor anxiety, according to Nansen’s Barthere:

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The cryptocurrency market took a significant hit after US President Donald Trump signed an executive order imposing import tariffs on goods from China, Canada and Mexico, igniting concerns over a potential global trade war.

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