<h2>Crypto ETFs Set for Explosive Growth in 2025: 50 New Launches Expected</h2>Nate Geraci, president of the ETF Store, forecasts a significant expansion in the crypto ETF market for 2025, predicting the launch of at least 50 new ETFs, including innovative offerings like covered call ETFs and "<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> bond" ETFs. A notable milestone is the expectation that Bitcoin spot ETFs will surpass the size of physical gold ETFs, highlighting the increasing acceptance of digital assets in mainstream finance.&nbsp;Major approvals for spot ETFs linked to&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a> and&nbsp;<a href="https://coin360.com/coin/xrp-xrp">XRP</a> are anticipated, though regulatory challenges may pose delays. Additionally, spot&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> ETF options trading is expected to be approved, enhancing investment strategies for investors. Geraci also emphasizes the role of crypto index ETFs from Bitwise and Grayscale, aiming to broaden access to cryptocurrency investments. Vanguard's potential entry into the crypto ETF space is set to signal a shift as more traditional investment firms adopt digital products, marking 2025 as a transformative year for crypto ETFs.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>JPMorgan Projects Solana and XRP ETPs Could Attract Up to $8 Billion in Inflows if SEC Approved</h2>JPMorgan Chase has made a significant forecast regarding the potential of exchange-traded products (ETPs) for Solana and XRP, predicting that they could attract net inflows ranging from $3 billion to $8 billion if approved by the SEC.&nbsp;Specifically, the bank estimates that Solana could see inflows between $3 billion and $6 billion, while XRP might attract between $4 billion and $8 billion. This projection reflects a growing interest in cryptocurrency-based ETFs, building on the success that Bitcoin and Ethereum products have experienced, which garnered substantial investments in their initial phases.&nbsp;As of January 14, 2025, Solana is trading at $185.81, and XRP is priced at $2.53. The anticipation surrounding the approval of these ETPs aligns with an increasing demand for diversified investment options within the cryptocurrency market, emphasizing the significant impact such products could have on the respective tokens' market dynamics.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Bitwise CIO Highlights Corporate Bitcoin Buying by MicroStrategy as an Overlooked Megatrend</h2>Bitwise CIO Matt Hougan&nbsp;<a href="https://experts.bitwiseinvestments.com/cio-memos/companies-buying-bitcoin-an-overlooked-megatrend">describes</a> corporate bitcoin acquisition, particularly by firms like MicroStrategy, as an "overlooked megatrend" that could significantly impact the market in 2025.&nbsp;MicroStrategy has amassed&nbsp;<a href="https://coin360.com/news/corporate-crypto-and-bitcoin-moves">450,000&nbsp;</a><a href="https://coin360.com/coin/bitcoin-btc">BTC</a>, valued at over $43 billion, accounting for around 2.1% of bitcoin's total supply since 2020. In 2024 alone, MicroStrategy purchased approximately 257,000 BTC, surpassing the total mined that year. Currently, around 70 public companies, including notable names like&nbsp;<a href="https://coin360.com/review/coinbase">Coinbase</a> and Tesla, collectively own over 141,302 BTC, with private firms like SpaceX holding at least 368,043 BTC.&nbsp;The implementation of new accounting rules allows these companies to recognize bitcoin's market value, thus increasing the likelihood of additional purchases. Huogan anticipates that the number of corporate investors could surge significantly in the coming years, indicating strong potential for growth in the bitcoin market driven by institutional interests.This article has been refined and enhanced by ChatGPT.

Cubic robot builds Bitcoin ETF, glowing blocks, serene forest

Cubic robot builds Bitcoin ETF, glowing blocks, serene forest_11zon.webp

Crypto ETFs and ETPs: 2025's Explosive Growth Outlook

<h2>Controversial Launch of Sony’s Ethereum-Based Layer-2 Network</h2>Sony’s Soneium blockchain, a Layer-2 solution built on&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a>,&nbsp;<a href="https://twitter.com/soneium/status/1878988222866350348">launched its mainnet</a> on January 13, 2025, under the stewardship of Sony Block Solutions Labs. Designed to simplify&nbsp;<a href="https://coin360.com/glossary/web3-companies-projects">Web3</a> integration, the platform focuses on&nbsp;<a href="https://coin360.com/nft">NFT</a>-driven fan engagement, offering user-friendly blockchain interactions through its Fan Marketing Platform and Soneium Spark components.&nbsp;<figure class="image"><img alt="tweet-1878988222866350348_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1878988222866350348_11zon_34b09d90e3.jpg"></figure>Partnerships with Sony Pictures, Sony Music, and Sony Music Publishing further enrich the ecosystem, leveraging&nbsp;<a href="https://coin360.com/glossary/non-fungible-tokens">NFTs</a> to provide exclusive content and deepen fan connections. Despite these ambitions, Soneium’s debut has ignited controversy over its blacklisting policy targeting intellectual property violations and memecoin-related addresses.The platform’s use of the&nbsp;<a href="https://coin360.com/learn/optimism-superchain-gains-an-edge-over-competitors">OP Stack</a> from the&nbsp;<a href="https://coin360.com/coin/optimism-op">Optimism</a> Foundation ensures high scalability, but its blacklisting feature has drawn sharp criticism. Certain ERC-20 tokens associated with memecoins are inaccessible on the mainnet, triggering accusations of censorship.&nbsp;<a href="https://coin360.com/glossary/blockchain">Blockchain</a> developers and analysts, such as Robert Sasu, argue the policy undermines blockchain’s foundational principles of permissionlessness and decentralization. “Centralisation was never a feature of public decentralized ledgers,” Sasu remarked, emphasizing blockchain’s origins as a tool to combat censorship.<div class="raw-html-embed"><blockquote class="twitter-tweet">Nope. This is not a feature. Centralisation was never a feature of public decentralised ledger. This world was and should always be about total freedom and total permissionless nature of it. There is no feature like "good centralisation" or "acceptable centralisation". This is… <a href="https://t.co/36akCBtGgG">https://t.co/36akCBtGgG</a> <a href="https://t.co/wvViZRqDtM">pic.twitter.com/wvViZRqDtM</a>— Robert Sasu | dev/acc (@SasuRobert) <a href="https://twitter.com/SasuRobert/status/1879081056680206783?ref_src=twsrc%5Etfw">January 14, 2025</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>Reports surfaced of users encountering 403 Forbidden errors while accessing blacklisted tokens, though these restrictions were absent during the testnet phase. Cryptocurrency user Pop Punk demonstrated the disparity in a viral video, illustrating how testnet operations remained unaffected.&nbsp;<div class="raw-html-embed"><blockquote class="twitter-tweet">Sony really said fuck you memecoins... ERC20 tokens straight up aren't accessible on the block explorer... but WETH is. <a href="https://t.co/LLUvedg4Lg">pic.twitter.com/LLUvedg4Lg</a>— Pop Punk (@PopPunkOnChain) <a href="https://twitter.com/PopPunkOnChain/status/1879047041848070151?ref_src=twsrc%5Etfw">January 14, 2025</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>Allegations of financial harm also emerged, with one user blaming Soneium for&nbsp;<a href="https://x.com/0xKawz/status/1879032105767928026">losses exceeding $100,000</a> in&nbsp;<a href="https://coin360.com/coin/ethereum-eth">ETH</a> due to frozen contracts, amplifying tensions within the community.<figure class="image"><img alt="tweet_1879032105767928026_20250115_021027_via_10015_io_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1879032105767928026_20250115_021027_via_10015_io_11zon_191c784f22.jpg"></figure>Sony defended its stance, citing intellectual property protection and ecosystem safety as the rationale for blacklisting. Soneium Director Sota Watanabe emphasized the selective and minimally disruptive nature of the policy, assuring stakeholders that no funds were frozen. “The action taken is targeted and minimally disruptive while still protecting creators’ rights,” Watanabe stated. He also highlighted that users and developers could appeal restrictions, with compliant cases potentially resulting in lifted blacklists.Supporters of the policy argue it is a necessary step for ecosystem health and regulatory compliance. Chainyoda, a prominent product advocate,&nbsp;<a href="https://x.com/chainyoda/status/1879056101016227943">described</a> the blacklisting as “a feature, not a bug,” asserting that appchains must define compliance boundaries to align with industry norms. However, detractors view this as a step toward centralized oversight, fundamentally at odds with blockchain’s decentralized ethos.<figure class="image"><img alt="tweet_1879056101016227943_20250115_021044_via_10015_io_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1879056101016227943_20250115_021044_via_10015_io_11zon_bd2fb89db7.jpg"></figure>The Soneium launch has broader implications for the industry, particularly in reconciling centralized oversight with decentralized functionality. Critics warn that Sony’s approach could alienate blockchain purists, while proponents believe such measures are vital for mainstream adoption. As Sony aims to position Soneium as an entry point into Web3 for billions, the balance between user freedom and regulatory safeguards remains at the forefront of the debate.Soneium’s strategic vision prioritizes bridging Web2 and Web3 technologies, with Watanabe articulating the company’s goal of connecting diverse values on a global scale. However, the platform’s blacklisting measures underscore the complexities of aligning innovation with regulation, spotlighting an ongoing tension that could shape future blockchain designs.This article has been refined and enhanced by ChatGPT.

Cubic robot with glowing disc on Ethereum-themed futuristic platform

Cubic robot with glowing disc on Ethereum-themed futuristic platform_11zon.webp

Sony’s Soneium Blockchain Launch Sparks Debate Over Centralization

<h2>Legal Challenges, Security Concerns, and Crypto Misinformation</h2>TikTok's position in the U.S. remains precarious as the clock ticks toward a critical January 19, 2025, deadline. With the Biden administration enforcing the Protecting Americans from Foreign Adversary Controlled Applications Act, ByteDance faces a stark choice: divest TikTok's U.S. operations or risk a nationwide ban. The legal framework requires app stores and web hosting providers to block TikTok if ByteDance fails to comply, placing the company under immense pressure to navigate this geopolitical minefield.&nbsp;Meanwhile, the U.S. Supreme Court deliberates over TikTok’s emergency appeal, which argues that banning the app would violate the First Amendment rights of its 170 million American users. Oral arguments were heard on January 10, with a ruling expected before the divestment deadline.Concerns over data security and potential surveillance by the Chinese government have fueled these legislative measures. TikTok, boasting a staggering 1.04 billion monthly active users globally, collects an array of data, from location details to browsing habits. Critics fear such extensive data collection could be weaponized to sway political processes or orchestrate disinformation campaigns.&nbsp;TikTok has consistently denied such allegations, dismissing recent claims reported by Bloomberg about Elon Musk acquiring its U.S. operations as baseless. A spokesperson for the company labeled the rumors as “<a href="https://variety.com/2025/digital/news/tiktok-elon-musk-sale-china-pure-fiction-1236273557/">pure fiction</a>,” underscoring the sensitivity surrounding its U.S. presence.Adding to TikTok’s challenges, recent studies spotlight the platform’s role in spreading crypto-related misinformation. A&nbsp;<a href="https://www.cryptoninjas.net/crypto/70-percent-tiktok-crypto-advice-misleading-study/">CryptoNinjas analysis</a> revealed that 68% of TikTok videos offering cryptocurrency advice were misleading. Among these, 58% promoted specific cryptocurrencies, such as&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> (34%),&nbsp;<a href="https://coin360.com/coin/xrp-xrp">XRP</a> (21%), and&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a> (16%), while 96% of memecoin-related content lacked disclaimers. Alarmingly, 35% of such videos promised unrealistic returns, with some encouraging viewers to invest specific amounts. These misleading posts averaged an impressive 840,000 views and 24,000 likes, magnifying concerns about the app’s influence.<figure class="image"><img alt="key-findings-of-crypto-advice-on-tiktok-study-768x1032.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/key_findings_of_crypto_advice_on_tiktok_study_768x1032_2b7b0e058b.png"></figure>ByteDance, meanwhile, has not remained idle. The company unveiled new AI-driven video generators, PixelDance and Seaweed, in Shenzhen. Although these tools are in private beta, their public release could bolster ByteDance’s technological edge amidst escalating geopolitical scrutiny. However, regulatory outcomes in the U.S. will largely determine their future availability.As ByteDance approaches a pivotal decision, the implications of TikTok’s potential ban extend far beyond its massive American user base. Such a move could redefine U.S. policies on foreign-owned tech platforms, setting the stage for stricter regulations on data privacy and international app governance. Whether ByteDance complies or defies the U.S. mandate, the outcome will ripple through the tech industry, reshaping not only TikTok’s fate but also the broader dynamics of global digital culture.This article has been refined and enhanced by ChatGPT.

Robot dances near musical notes, misinformation challenges

Robot dances near musical notes, misinformation challenges_11zon.webp

TikTok Dismisses Elon Musk Acquisition Rumors as 'Pure Fiction' Before US Potential Ban

<h2>Coinbase Wins Court Ruling Against SEC, Pressuring Regulator for Clearer Crypto Rules</h2>The US Court of Appeals for the Third Circuit granted&nbsp;<a href="https://coin360.com/review/coinbase">Coinbase</a> a&nbsp;<a href="https://x.com/iampaulgrewal/status/1878860619895685283">partial victory</a> in its legal battle against the Securities and Exchange Commission (SEC). The court criticized the SEC's dismissal of Coinbase's 2022 petition for clearer crypto regulations, labeling its reasoning as “arbitrary and capricious” based on the Administrative Procedure Act. While not mandating the SEC to initiate rulemaking, the court emphasized that the regulator must provide a comprehensive rationale for its decisions, highlighting constitutional concerns over due process and fair notice to crypto companies.&nbsp;This ruling exposes the SEC's ongoing ambiguity regarding which digital assets are classified as securities, creating a climate of uncertainty within the industry. The decision has been welcomed by legal experts and industry leaders as a significant precedent for future crypto legal cases, reinforcing the need for regulatory clarity in the evolving digital asset landscape.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Robinhood Settles SEC Violations for $45M Amidst Surge in Crypto Trading Activity</h2>Robinhood has&nbsp;<a href="https://www.sec.gov/newsroom/press-releases/2025-5">agreed to pay</a> $45 million to settle civil penalties related to securities law violations uncovered by the SEC. The settlement, detailed on January 13, 2025, includes $33.5 million from Robinhood Securities LLC and $11.5 million from Robinhood Financial LLC, as the SEC identified issues such as inaccurate trading reports, poor cybersecurity, and inadequate fraud prevention from 2019 to 2022. Key violations included delays in reporting suspicious transactions and insufficient protections against identity theft.&nbsp;Additionally, Robinhood Securities faced scrutiny over fractional share trading and stock lending. Despite these issues, Robinhood's crypto operations, which are not implicated in this settlement, showed significant growth, with $119 billion in trading volume and $38 billion in digital assets under custody reported as of November 2024. The company also expanded its crypto offerings to include tokens like&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a> and&nbsp;<a href="https://coin360.com/coin/cardano-ada">Cardano</a>, increasing available digital assets to 20 in the U.S.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Supreme Court Allows Class Action Against Binance Over Unregistered Token Sales</h2>The U.S. Supreme Court has denied&nbsp;<a href="https://coin360.com/review/binance">Binance</a> and founder Changpeng Zhao's&nbsp;<a href="https://www.supremecourt.gov/search.aspx?filename=/docket/docketfiles/html/public/24-336.html">petition</a> to review a lower court ruling, allowing a class-action lawsuit to proceed. Investors allege that Binance illegally sold unregistered tokens that subsequently lost significant value. The initial ruling stated that U.S. securities laws apply, as transactions occurred on U.S. servers despite Binance's lack of a physical U.S. headquarters.&nbsp;The lawsuit, filed by Chase Williams in April 2020, claims Binance operated as an unregistered securities exchange. Legal challenges for Binance escalated following a SEC lawsuit in mid-2023, and a subsequent $4.3 billion settlement with the U.S. Department of Justice for money laundering violations in November 2023. Binance faced further litigation, including a class action in Canada and a lawsuit from the&nbsp;<a href="https://coin360.com/coin/ftx-token-ftt">FTX</a> bankruptcy estate for $1.8 billion. Zhao himself served four months in prison for money laundering-related charges but was released in September 2024.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Tether Relocates HQ to El Salvador After Securing Digital Asset License</h2><a href="https://coin360.com/coin/tether-usdt">Tether</a>, a stablecoin issuer, announced its relocation from the British Virgin Islands to El Salvador after obtaining a digital asset service provider license. The decision, made on January 13, 2025, aims to leverage El Salvador's progressive regulatory environment and&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>-savvy community. Tether's CEO, Paolo Ardoino, emphasized the move as a commitment to financial freedom and innovation through decentralized technologies. Previously, Ardoino and COO Claudia Lagorio became naturalized citizens and acquired real estate in El Salvador in 2024.&nbsp;Since President Nayib Bukele's Bitcoin adoption initiative began in 2021, the crypto industry has actively engaged with local businesses. The Salvadoran government holds over 6,000&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a>, valued at over $550 million. Despite praising Bitcoin's positive impact, Bukele expressed that benefits fell short of expectations. While lauded for reducing crime rates, his administration faces criticism for alleged human rights abuses and detentions of dissenters.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Telegram-Linked TON Blockchain Shifts Focus to U.S. Growth Under Trump Administration</h2>The Open Network (<a href="https://coin360.com/coin/toncoin-ton">TON</a>), a blockchain project associated with Telegram, is set to emphasize growth in the US under the administration of President-elect Donald Trump. The TON Foundation, under newly appointed president Manuel Stotz, aims to position the US as a major market for TON, recognizing its potential as a crypto hub fostering retail adoption of digital assets. Stotz, an influential digital asset investor and founder of Kingsway Capital Partners, will lead this initiative, replacing Steve Yun while remaining on the board.&nbsp;The move indicates a significant shift as TON, which originated as the "Telegram Open Network," seeks advancement after Telegram's withdrawal in 2020 due to legal challenges with the SEC. With the foundation officially established in Switzerland in 2023, TON's journey continues, involving community-driven efforts and incorporating&nbsp;<a href="https://coin360.com/coin/toncoin-ton">Toncoin</a> into Telegram's ecosystem, showcasing its relevance in the evolving blockchain landscape.This article has been refined and enhanced by ChatGPT.

Faceless robot holding a glowing gavel amid abstract legal scales

Faceless robot holding a glowing gavel amid abstract legal scales_11zon.webp

Coinbase Wins, Robinhood Settles $45M: Crypto's Biggest Legal Moves This Week

<h2>MoonPay Acquires Helio for $175M to Enhance Crypto Payment Services</h2>MoonPay has&nbsp;<a href="https://x.com/moonpay/status/1878792175045198317">acquired Helio</a>, a&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a>-based payment processor, for $175 million to enhance its crypto payment services. Known for its crypto checkout platform, Helio allows businesses to accept payments in digital assets like&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>,&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ether</a>, and&nbsp;<a href="https://coin360.com/coin/usd-coin-usdc">USD Coin</a>, serving over 6,000 merchants with a transaction history exceeding $1.5 billion. The acquisition will strengthen MoonPay’s payment infrastructure, aiming to improve the efficiency and speed of merchant transactions.&nbsp;Helio is integrated with popular platforms such as Discord, Shopify, and WooCommerce, enabling a more comprehensive solution for merchants and consumers. Stijn Paumen, Helio's CEO, highlighted the move as a way to offer faster, cost-effective, decentralized payment options. Additionally, MoonPay received approval to operate as a licensed crypto business in the Netherlands under the EU’s Markets in Crypto-Assets (MiCA) bill, marking a significant step in its growth strategy and solidifying the crypto industry's role in the global economy.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Chainalysis Acquires AI Startup Alterya for $150M to Enhance Crypto Fraud Prevention</h2>Chainalysis has acquired Israeli AI startup Alterya for&nbsp;<a href="https://www.chainalysis.com/blog/chainalysis-alterya-announcement/">$150 million</a>, enhancing its capabilities in fraud detection across both crypto and traditional finance. Founded in 2022 and supported by $9.8 million in seed funding, Alterya specializes in using AI agents to prevent scams targeting financial institutions, fintechs, and crypto service providers. The acquisition enables Chainalysis to transition from reactive investigations to proactive fraud prevention, especially as scams increasingly utilize generative AI.&nbsp;Alterya monitors over $8 billion in monthly transactions, helping clients like&nbsp;<a href="https://coin360.com/review/binance">Binance</a> and&nbsp;<a href="https://coin360.com/review/coinbase">Coinbase</a> identify and reduce fraud by 60%. In 2024 alone, Alterya detected $10 billion sent to scams and has protected 100 million end-users. According to Coinbase's Ilan Zimmer, Alterya’s technology effectively identifies&nbsp;<a href="https://coin360.com/glossary/crypto-wallets">wallet</a> addresses associated with scams, aiding in customer protection and trust-building. This move follows Chainalysis’s recent acquisition of Hexagate, further solidifying their commitment to combatting financial crimes.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Sigma Capital Launches $100M Crypto Fund with $40M Pre-Committed</h2>Sigma Capital, a new crypto venture capital firm founded by Vineet Budki, aims to raise $100 million for its inaugural fund, with approximately $40 million already pre-committed. The firm plans its first close by June 30, 2025, and the final close in 18 months. Sigma's investment strategy allocates 50% to early-stage startups, 40% to liquid tokens and high-yield&nbsp;<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a> strategies, and 10% to fund-of-funds.&nbsp;The portfolio could feature up to 100 early-stage deals at a median investment of $500,000, with liquid deals ranging from $2-3 million and fund-of-funds averaging $1 million each. Key sectors for investment include decentralized finance (DeFi), blockchain infrastructure, real-world asset tokenization, gaming, and the metaverse. Sigma Capital is headquartered in Dubai and Singapore and regulated in the Cayman Islands, aiming to build a team of about 30 people to support its operations.This article has been refined and enhanced by ChatGPT.

Cubic robot holding contract and crypto asset

Cubic robot holding contract and crypto asset_11zon.webp

Crypto M&A and Funding Highlights: MoonPay Acquires Helio, Chainalysis Adds Alterya

<h2>Initial Distributions Scheduled for Early 2025</h2><a href="https://coin360.com/coin/ftx-token-ftt">FTX</a>, the now-defunct cryptocurrency exchange that filed for bankruptcy in November 2022, is preparing to distribute over $1.2 billion to creditors starting January 2025. This repayment initiative marks a pivotal step in addressing the financial fallout from one of the largest failures in the crypto industry. The initial wave of distributions will target “convenience class” creditors owed up to $50,000, with&nbsp;<a href="https://coin360.com/exchange/kraken">Kraken</a> and BitGo facilitating the repayment process.Creditors have until January 20, 2025, to fulfill pre-distribution requirements, a deadline that aligns with Donald Trump’s inauguration day and the potential acceptance of the&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> Act, which proposes creating a U.S. Bitcoin reserve. Sunil, a member of the FTX Customer Ad-Hoc Committee,&nbsp;<a href="https://x.com/sunil_trades/status/1878370811515379942">emphasized this timeline</a> in a post, clarifying that repayments are unlikely to commence before this date. The first payments are expected to roll out within 60 days of this deadline, contingent on proper documentation and onboarding with Kraken or BitGo.<figure class="image"><img alt="tweet-1878370811515379942_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1878370811515379942_11zon_7626dc8cd2.jpg"></figure>Under the approved repayment model, creditors will receive 119% of their assets’ declared value, calculated using cryptocurrency prices at the time of FTX’s bankruptcy. While some creditors view this as a step forward, others have criticized the plan for disregarding Bitcoin’s more than 370% price increase since November 2022. Smaller investors may sell their assets upon repayment for financial security, while others are likely to hold onto their crypto, betting on long-term market growth.&nbsp;<a href="https://coin360.com/glossary/blockchain">Blockchain</a> expert Anndy Lian highlighted the disparity, noting that those with greater faith in crypto’s future are less inclined to liquidate.The crypto community remains divided over the implications of this repayment plan. While some see it as a crucial move to restore trust in the market, critics argue it undercuts gains achieved during crypto’s recovery. Comparisons have been drawn to Mt. Gox’s Bitcoin repayment saga, where many creditors retained their holdings despite significant market appreciation. Philipp Zentner, CEO of LI.FI protocol, described the current market conditions as akin to a “Black Friday” sale for crypto, suggesting a favorable environment for creditors who choose to hold.The broader financial impact of FTX’s repayments could lead to heightened market volatility. Analysts predict a liquidity event as some creditors liquidate their holdings, while others may retain their assets in anticipation of further growth. Zentner suggested this repayment could catalyze market momentum, serving as a potential driver for long-term industry expansion. Historical data from Glassnode supports the view that widespread sell-offs are unlikely, as most creditors tend to retain their cryptocurrency rather than convert it to fiat.Kraken and BitGo’s&nbsp;<a href="https://coin360.com/news/kraken-ftx-creditor-payouts">involvement</a> ensures a streamlined distribution process for the roughly 1,500 creditors included in the initial phase. Their participation aims to reduce administrative hurdles, expediting payouts and bringing resolution to those affected by FTX’s collapse. This significant repayment effort reflects broader industry efforts to rebuild investor confidence and&nbsp;<a href="https://coin360.com/glossary/address">address</a> the damages caused by one of crypto’s most high-profile failures.This article has been refined and enhanced by ChatGPT.

Cubic robot distributing tokens on pastel pathway

Cubic robot distributing tokens on pastel pathway_11zon.webp

FTX Set to Distribute $1.2 Billion to Creditors Following Trump's Inauguration

<h2>Community Reacts to Temporary Suspension with Skepticism</h2>Indian cryptocurrency investment platform Mudrex has temporarily halted cryptocurrency withdrawals as part of a compliance upgrade, sparking varied reactions from its user base and the broader crypto community. Announced on January 13, 2025, the move was framed as a proactive step to strengthen security and streamline operations. Alankar Saxena, the platform’s founder and CTO,&nbsp;<a href="https://x.com/alankar_saxena/status/1878343681121697872">assured users</a> that withdrawals would resume by January 28, emphasizing the temporary nature of the suspension and reaffirming the safety of user funds.<figure class="image"><img alt="tweet-1878343681121697872_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1878343681121697872_11zon_990f400e3a.jpg"></figure>Mudrex’s leadership underscored the decision as a necessity to counter increasing scrutiny in the crypto sector. CEO Edul Patel&nbsp;<a href="https://x.com/Dul_dul/status/1878347101979169194">highlighted</a> plans to automate and refine verification processes to ensure quicker, more reliable withdrawals while upholding rigorous compliance standards. Patel noted that this suspension reflects a broader industry push to prevent misuse by bad actors, fostering a safer environment for traders. Throughout this period, INR (Indian Rupee) withdrawals remain unaffected, preserving access to fiat currency for Indian users.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1878347101979169194_20250114_015451_via_10015_io_11zon_c520a4dae4.jpg" alt="tweet_1878347101979169194_20250114_015451_via_10015_io_11zon.jpg"></figure>Despite the reassurances, the announcement triggered&nbsp;<a href="https://x.com/AakashAtha/status/1877995827156729997">skepticism</a> within India’s crypto community. Critics accused Mudrex of prioritizing “price exposure” over genuine ownership. Some drew comparisons with past incidents involving other exchanges, such as&nbsp;<a href="https://coin360.com/coin/wazirx-wrx">WazirX</a>, raising broader concerns about transparency in India’s cryptocurrency ecosystem. Addressing the backlash, Saxena took to X (formerly Twitter) to dispel misinformation, reaffirming the platform’s commitment to the core principles of cryptocurrency and transparency.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1877995827156729997_11zon_4faa17bf12.jpg" alt="tweet-1877995827156729997_11zon.jpg"></figure>While some skepticism lingered, Mudrex’s clarification efforts garnered positive responses from a segment of users. Many&nbsp;<a href="https://x.com/IITian_InCrypto/status/1878389677759062150">expressed relief</a> over the company’s openness, with one user commenting, “Thanks for addressing this issue! This will give clarity to investors.” Others urged the platform to maintain consistent transparency, seeing it as a vital component of trust-building in the volatile crypto landscape.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1878389677759062150_20250114_015558_via_10015_io_11zon_1699528b54.jpg" alt="tweet_1878389677759062150_20250114_015558_via_10015_io_11zon.jpg"></figure>This isn’t Mudrex’s first encounter with operational challenges. In August 2024, the platform successfully secured a court order to dismantle fraudulent websites that impersonated its services. These scams, often orchestrated through Telegram, misled users with false promises of rewards and job offers. The incident underlined Mudrex’s resolve to combat fraud and safeguard its rapidly growing user base, which saw a 200% year-over-year increase by late 2024.Mudrex’s decision to pause crypto withdrawals aligns with its long-term strategy to enhance its compliance infrastructure in a regulatory environment that continues to evolve. By focusing on transparency and security, the platform aims to bolster user confidence despite short-term reputational risks. As January 28 approaches, the success of these measures will likely define Mudrex’s ability to sustain its standing in India’s increasingly competitive crypto market.This article has been refined and enhanced by ChatGPT.

Blockchain pathway compliance upgrade by humanoid robot

Blockchain pathway compliance upgrade by humanoid robot_11zon.webp

Mudrex Suspends Crypto Withdrawals Citing Compliance Overhaul

<h2>Tokenomics, Community Engagement, and Strategic Partnerships</h2>Animecoin is gearing up to make waves in January 2025 with the launch of its ANIME token on&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> and&nbsp;<a href="https://coin360.com/coin/arbitrum-arb">Arbitrum</a>, promising to reshape the global anime fandom through&nbsp;<a href="https://coin360.com/glossary/web3-companies-projects">Web3</a> integration. Backed by the&nbsp;<a href="https://coin360.com/nft/0xed5af388653567af2f388e6224dc7c4b3241c544">Azuki</a>&nbsp;<a href="https://coin360.com/nft">NFT</a> series and Arbitrum, Animecoin introduces a comprehensive&nbsp;<a href="https://coin360.com/glossary/tokenomics">tokenomics</a> model designed to empower the community while fostering ecosystem growth.<figure class="image"><img alt="tokenomics_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tokenomics_11zon_c8241048c1.jpg"></figure>The total supply of 10 billion ANIME tokens reflects a community-first approach, with&nbsp;<a href="https://www.anime.xyz/tokenomics">50.5%</a> dedicated to engaging and cultivating its base. Notably, 37.5% is earmarked for the Azuki NFT community, aligning with its mission of strengthening anime culture. An additional 13% is set aside for AnimeDAO initiatives, enabling fans to lead and fund community projects.&nbsp;The Azuki team itself will receive 7.44% of the tokens, structured with a three-year vesting schedule and a one-year cliff to ensure their commitment to the project’s success. Early contributors, including Azuki employees and advisors, will share in 15.62% under the same vesting terms. The Animecoin Foundation, tasked with ecosystem expansion, holds 24.44%, while strategic partners such as&nbsp;<a href="https://coin360.com/coin/hyperliquid-hype">Hyperliquid</a> and Kaito AI will receive 2%.Alex Xu, Azuki’s founder, underscored the project’s vision,&nbsp;<a href="https://x.com/Zagabond/status/1803802757847200028/photo/1">stating</a>, “The overall experience of anime culture is fragmented. There is a lack of a unified platform to bring this global fandom together in a meaningful way.” By framing ANIME as a “Culture Coin,” the foundation aims to unify the diverse and expansive anime fandom—estimated at 1 billion enthusiasts—into a decentralized, participatory creative economy. The initiative transforms fans from passive consumers to active contributors, bridging cultural passion with blockchain technology.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Airdrops and Collaborations Fuel Anticipation</h2>The Animecoin launch is further bolstered by strategic partnerships and&nbsp;<a href="https://coin360.com/glossary/airdrop">airdrops</a> targeting key stakeholders. Hyperliquid’s&nbsp;<a href="https://coin360.com/coin/hyperliquid-hype">HYPE</a> token stakers will benefit from an ANIME token airdrop,&nbsp;<a href="https://x.com/HyperliquidX/status/1878598088979570985">announced</a> Monday via X (formerly Twitter).&nbsp;<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1878598088979570985_20250114_013802_via_10015_io_11zon_31ac7e6315.jpg" alt="tweet_1878598088979570985_20250114_013802_via_10015_io_11zon.jpg"></figure>Other recipients include Kaito platform users, members of the Arbitrum community, and anime enthusiasts. The Animecoin Foundation expressed its enthusiasm, saying, “We’re excited to welcome the Hyperliquid community (HYPE stakers), Kaito yappers, Arbitrum communities, and anime communities to the open anime universe.”This collaboration coincides with notable market reactions. Azuki NFT prices surged to a floor of 14.59&nbsp;<a href="https://coin360.com/coin/ethereum-eth">ETH</a>, marking a 13.3% jump within 24 hours, while BEANZ NFT prices climbed 23.2% to 0.95 ETH. Analysts attribute this spike to growing enthusiasm around Animecoin’s potential to integrate anime culture with blockchain’s decentralized ethos. One community member noted, “This blend of culture and&nbsp;<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a> could ignite serious interest.”<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Challenges and Market Dynamics</h2>Despite the optimism, challenges persist. Hyperliquid, one of Animecoin’s key partners, faces hurdles after its total value locked (<a href="https://coin360.com/glossary/understanding-tvl-defi">TVL</a>) hit a yearly low. Speculation regarding security vulnerabilities, including&nbsp;<a href="https://coin360.com/news/hyper-liquid-sees-millions-of-daily-usdc-withdrawal-amid-fears-of-north-korean-hacking">threats</a> from the notorious Lazarus Group, has fueled concerns. However, the ANIME token airdrop is seen as a strategic opportunity to reinvigorate engagement and align Hyperliquid’s community with Animecoin’s expansive vision.The Animecoin Foundation framed this initiative as a pivotal moment for anime culture, stating, “For decades, anime has shaped global culture—from art to fashion, gaming, and music. Yet these fans have remained passive consumers. Until now.” By leveraging blockchain, Animecoin is set to transform the anime fandom into a cohesive and participatory creative economy, potentially setting a new benchmark for cultural integration in Web3.This article has been refined and enhanced by ChatGPT.&nbsp;

Faceless robot painting Azuki NFTs on pastel holographic canvas

Faceless robot painting Azuki NFTs on pastel holographic canvas_11zon.webp

Animecoin Reveals Tokenomics with Over 50% Allocated to Community

<h2>Trump to Prioritize Crypto Policies on Inauguration Day</h2>On January 20, 2025, President-elect Donald Trump is&nbsp;<a href="https://watcher.guru/news/donald-trump-to-issue-executive-crypto-policy-orders-on-first-day-in-office">expected</a> to prioritize crypto policies via executive orders, repealing rules like accounting standards treating digital assets as liabilities and considering Bitcoin a strategic reserve asset with a $21 billion allocation. Supported by pro-crypto appointees like SEC Chair Paul Atkins, Trump’s administration aims to foster growth and shield investors from bureaucratic hurdles.&nbsp;Preceding this, a January 17 VIP Crypto Ball offers $100,000 tickets or $1 million packages, including private dinners, to bolster industry connections. Circle contributed $1 million in USDC to Trump’s inaugural committee, as crypto executives lobby for advisory roles. David Sacks, an early Bitcoin backer, is set to become Chief Technology Officer.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>New Hampshire and North Dakota Propose Bills for Strategic Bitcoin Reserves</h2>New Hampshire and North Dakota have recently introduced legislation aimed at creating a strategic&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> reserve, as part of a broader initiative to integrate cryptocurrency into state financial strategies. In New Hampshire, the bill was introduced by Republican Representative Keith Ammon and&nbsp;<a href="https://x.com/Dennis_Porter_/status/1877757532305039502">refers to</a> “digital assets” rather than explicitly mentioning Bitcoin. This approach aims to ease political tensions. Meanwhile, North Dakota's legislation is supported by Representatives Nathan Toman and Josh Christy, alongside Senator Jeff Barta, and boasts 11 sponsors. Additionally, Pennsylvania introduced a similar proposal in November, with Representative Mike Cabell highlighting Bitcoin’s potential as a hedge against inflation. Interest in Bitcoin reserves has surged following Donald Trump's promise to make the U.S. a cryptocurrency leader if elected. Current market sentiment suggests only a 27% chance that Trump will establish a Bitcoin reserve within his first 100 days, which reflects a decrease from 45% in November.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>FDIC's Travis Hill Calls for Policy Shift on Crypto Banking Restrictions</h2>FDIC Vice Chair Travis Hill has&nbsp;<a href="https://beincrypto.com/operation-chokepoint-fdic-crypto-policies/">criticized</a> past federal restrictions on banks’ involvement in cryptocurrency, including the controversial use of “pause letters” that hindered innovation and perception of regulatory obstruction. He called for an end to tactics reminiscent of “Operation Choke Point,” which pressured banks to limit services to certain industries, urging clearer guidelines for safe engagement with digital assets. Hill emphasized the need for balanced regulations that enable banks to evolve while managing risks effectively. He highlighted a lack of transparent standards for handling cryptocurrencies, referring to a 2023 FDIC report that disclosed multiple “pause letters” sent to banks. Furthermore, Hill indicated that existing Bank Secrecy Act policies incentivize banks to shut accounts over compliance fears, underlining the need for a reevaluation of these approaches. The ongoing push for fair treatment of the crypto sector is reinforced by legal actions from industry leaders demanding better regulatory practices.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Trump Establishes Crypto Advisory Council to Shape New U.S. Digital Asset Policies</h2>President-elect Donald Trump is establishing a new&nbsp;<a href="https://twitter.com/CswapIntern/status/1878778594693898245">crypto advisory council</a>, comprising approximately 24 CEOs and founders, to shape U.S. digital asset policies and draft pro-crypto legislation. This initiative aims to create a strategic Bitcoin reserve and collaborate with major agencies like the SEC, CFTC, and Treasury to develop a clear regulatory framework, addressing the ongoing regulatory uncertainties in the crypto sector.&nbsp;Key figures, such as Crypto.com CEO Kris Marszalek and Circle CEO Jeremy Allaire, have actively engaged with Trump, with Allaire contributing $1 million in USDC to support crypto initiatives. Bo Hines, a former congressional candidate, has been appointed to lead the council alongside David Sacks, Trump’s AI and crypto czar, focusing on fostering innovation in the digital asset realm. To rally industry support, a black-tie event named the “Inaugural Crypto Ball” is scheduled for January 17th in Washington, D.C. This signals a proactive approach to U.S. crypto policy under Trump's leadership.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Singapore Bans Polymarket Amid Crackdown on Unlicensed Online Gambling</h2>Singapore has officially restricted access to the prediction marketplace Polymarket as part of a national crackdown on unlicensed online gambling. This initiative has already led to the shutdown of over 3,800 gambling websites since the start of 2025, with more than $37 million worth of transactions blocked. On January 12, Singapore's Gaming Regulatory Authority (GRA) warned users that Polymarket is illegal, imposing penalties that could include fines of up to SGD 10,000 (approximately $7,200) and six months in prison.&nbsp;Residents wishing to engage in online betting must use Singapore Pools, the only licensed online gambling provider in the country. The restriction aligns Singapore with jurisdictions such as Taiwan, France, and the U.S., which have also taken measures against Polymarket following its rising popularity during the 2024 presidential election. Notably, Taiwan prosecuted an individual for political betting on the platform, showcasing the stringent regulatory environment surrounding online gambling.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>New York and Bank of England Launch Collaborative Initiative to Harmonize Global Crypto Regulations</h2>The New York Department of Financial Services (NYDFS) and the Bank of England (BOE) have&nbsp;<a href="https://www.dfs.ny.gov/reports_and_publications/press_releases/pr20250113">initiated</a> the Transatlantic Regulatory Exchange (TRE) to harmonize global crypto regulations. Scheduled to begin in February 2025, this collaborative program promotes the sharing of expertise through a staff exchange involving experienced professionals in digital payments and distributed ledger technology, lasting at least six months with potential extension up to one year. NYDFS Superintendent Adrienne A. Harris emphasized that the partnership enhances regulatory frameworks while safeguarding consumers and fostering innovation.&nbsp;Sarah Breeden, BOE Deputy Governor, highlighted the initiative's role in bolstering financial stability. This collaboration seeks to&nbsp;<a href="https://coin360.com/glossary/address">address</a> the complexities of digital asset regulation, creating a secure and innovative framework that clarifies the global financial ecosystem. Through TRE, both regulators aim to improve their capabilities in managing the evolving landscape of digital finance, enhancing global coordination in regulatory practices.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Senator Elizabeth Warren Calls for Stricter Crypto Regulations Citing National Security Concerns</h2>Senator Elizabeth Warren has publicly called for stricter regulations on cryptocurrencies, citing national security concerns related to their misuse by malicious actors. In her January 12&nbsp;<a href="https://www.warren.senate.gov/imo/media/doc/final_-_letter_to_scott_bessent_ahead_of_finance_nomination_hearing2.pdf">letter</a>, she urged the Treasury Department to enhance Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations, referencing instances such as North Korea's nuclear activities and ransomware attacks. Warren called for the expansion of the Bank Secrecy Act (BSA) to encompass global firms serving U.S. clients to ensure comprehensive regulatory coverage.&nbsp;The crypto community is divided on her proposals, with some accusing her of leveraging security issues to broaden regulatory reach. Warren's track record includes introducing the Digital Asset Anti-Money Laundering Act in 2022 and 2023. As the Trump administration takes a more pro-crypto stance, her position may introduce significant challenges, emphasizing the ongoing tension between innovation and regulation in the sector, which awaits new initiatives from Congress and the Treasury Department.This article has been refined and enhanced by ChatGPT.

Humanoid robot presents crypto law tablet on a digital courtroom

Humanoid robot presents crypto law tablet on a digital courtroom_11zon.webp

Crypto Regulations in Focus: U.S. States and FDIC Take Action

Since the end of 2017, Ripple's XRP has been a favorite among crypto traders. Serving as a bridge between traditional finance and blockchain technology, XRP has stood out for its speed, low cost, and scalability, becoming the preferred tool for cross-border payments. With its unique advantages and an ever-growing ecosystem, XRP remains a key player in the blockchain revolution.Despite its historical volatility—particularly due to regulatory issues with the U.S. Securities and Exchange Commission (SEC)—XRP's legal hurdles are gradually being resolved, especially with the Trump administration's supportive stance on cryptocurrency policy.<a href="https://x.com/bgarlinghouse/status/1876783603603939438">&nbsp;According to official reports</a>,&nbsp;Ripple CEO Brad Garlinghouse had dinner with the newly elected U.S. President&nbsp;Donald Trump and Ripple’s Chief Legal Officer,&nbsp;Stuart Alderoty, at Mar-a-Lago. This meeting undoubtedly provides strong support for XRP, marking a major positive development for the asset.Since November 2024, <a href="https://coin360.com/coin/xrp-xrp">XRP</a> has broken through its historical low, surging from $0.50 to $2.46 (as of the time of writing), reflecting a remarkable 392% increase. With a current <a href="https://coin360.com/glossary/market-capitalization">market capitalization</a> of $140.76 billion, XRP has surpassed <a href="https://coin360.com/coin/tether-usdt">USDT</a>, reclaiming its position as the third-largest cryptocurrency globally. Growing interest from investors signals a potential new bull market for XRP as demand continues to rise, particularly with the anticipated release of pent-up demand in 2025.With such a promising asset, selecting the right exchange platform is crucial. Particularly in the U.S. market, where many exchanges have delisted XRP,&nbsp;<a href="https://data1.bydfi.com/t/ua">BYDFi</a> stands out with its unique advantages, becoming the preferred platform for XRP traders.<h2>Low-Cost Trading: The Cost Advantage of Trading XRP</h2>Transaction fees are a critical factor when choosing a trading platform. BYDFi has a very transparent fee structure with no hidden charges, which is highly competitive in the market.<ul><li>Compared to other spot exchanges:</li></ul><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/image2_59f6953a3f.png" alt="Compared to other spot exchanges"><ul><li>Compared to other Perpetual Contract exchanges:</li></ul><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/image4_c471c02240.png" alt="Compared to other Perpetual Contract exchange">Large-volume and high-frequency trading requires extremely low transaction fees, which greatly reduces the cost of trading. Therefore, for the investors who use XRP quite frequently, BYDFi would save them a lot in commissions and thus contribute to increasing their investment returns. On the other hand, even at strongly volatile moments within the market, the competitive advantage of its low fee can effectively minimize its trading cost in BYDFi.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Market Depth and Liquidity: Ensuring the Speed and Accuracy of XRP Order Execution</h2>Liquidity is crucial for ensuring fast trades and minimizing slippage, especially during market fluctuations.<ul><li>BYDFi offers strong liquidity, allowing large XRP trades to be executed quickly with minimal slippage.</li><li>The platform's efficient order-matching system ensures fast and accurate XRP transactions, even in volatile market conditions.</li></ul><div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Innovative Contract Features: Boost Asset Efficiency and Trading Flexibility</h2>BYDFi is not a spot trading platform but offers a variety of derivative trading options, including perpetual contracts and leveraged tokens. In the case of perpetual contract trading, XRP coin-margined trading is available for hedging, hence managing market risks effectively. The latest upgrade of the perpetual contract system at BYDFi has introduced three innovative features that will make XRP trading more flexible and efficient:<ul><li>Unrealized Profits for New Positions: Users can use unrealized profits as margin to open new positions, enhancing capital efficiency.</li><li>Hedging Feature in Two-Way Positions: Compared to the previous two-way position mode, the newly added hedging feature allows users to hold both long and short positions in the same trading pair simultaneously, enabling easy risk hedging and profit locking.</li><li>Cross Margin Mode Shared Account Funds: Lumped funds in this account will serve as mutual support for multiple positions automatically, which avoids the problems caused by uneven distribution and liquidation due to a manual operation; therefore, the funds are more stable.</li></ul><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/image3_2327e912ba.png" alt="Innovative Contract Features: Boost Asset Efficiency and Trading Flexibility">Moreover, BYDFi provides a wide range of trading bot features such as&nbsp;<a href="https://www.bydfi.com/en/spot/btc_usdt?from=trading-bot-invest">Auto-Invest Strategies</a>, Martingale, and&nbsp;<a href="https://www.bydfi.com/en/trading-bot">Grid Trading</a>, which help users automate their investment process, improve trading outcomes, and manage their account assets comprehensively<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Compliance and Security Assurance: Ensuring the Safety of User Funds and Transactions</h2>BYDFi has always strictly conformed to the relevant regulatory frameworks all over the world and striven to offer a transparent and compliant trading environment to users. Equally important, apart from dual MSB licenses in the United States and Canada, BYDFi recently joined the<a href="https://www.codevasp.com/page-alliances">&nbsp;CODE VASP Alliance of South Korea</a>&nbsp;and integrated the Travel Rule compliance solution, fully aligned with the latest AML regulation. The platform has implemented multiple protective measures for fund security, including:<ul><li>Wallet Security: Digital assets are stored in offline cold wallets to avoid single points of failure and the risk of breaches; multi-signature technology is used to enhance fund management security.</li><li>Engine Security: The trading engine is optimized with the kdb+ programming language, ensuring fast and efficient trade execution, particularly suitable for high-frequency trading.</li><li>Two-Factor Authentication and Anti-Phishing Protection: BYDFi provides users with two-factor authentication (2FA) and strengthens anti-phishing measures to prevent account theft.</li></ul><div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Easy-to-Navigate Interface &amp; 24/7 Multilingual Support: Effortless Trading for All</h2><ul><li>BYDFi features a simple and intuitive user interface, with a clear and smooth trading process, ensuring that even first-time users can easily navigate the platform and quickly complete XRP purchases, sales, or transfers.</li><li>The platform supports over 20 languages and is committed to providing 24/7 multilingual customer support to global investors, ensuring timely and professional assistance whenever needed to address any trading or account management issues.</li></ul>BYDFi is currently offering a generous welcome bonus of&nbsp;<a href="https://www.bydfi.com/en/register">8100 USDT to new users</a>. For more information and to claim your reward, visit the official BYDFi website or download the BYDFi app.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>About BYDFi</h2>BYDFi, founded in 2020, is recognized by Forbes as one of the top 10 global crypto exchanges and is trusted by more than 1,000,000 of users worldwide. The platform offers&nbsp;spot trading for over 600 cryptocurrencies and provides leverage for perpetual contracts, ranging from 1x to 200x. Its new "Perpetual Contract Copy Trading" feature connects users with top traders globally, recommending experts based on users' trading preferences to help mitigate risks and maximize returns. Users can access this feature through the&nbsp;<a href="https://bydfi.onelink.me/P8Hc/xh5ar9ni">BYDFi official app</a>.BYDFi also partners with leading payment providers like Banxa, Transak, and Mercuryo to simplify cryptocurrency purchases and offer low-cost transactions.BYDFi is dedicated to providing users with a world-class crypto Trading experience. BUIDL Your Dream Finance.For those interested in staying informed about BYDFi, its social media platforms offer tailored access points.&nbsp;<a href="https://twitter.com/BYDFi">Twitter (X)</a> and&nbsp;<a href="https://www.facebook.com/BYDFiOfficial">Facebook</a> provide fast updates and announcements, while&nbsp;<a href="https://t.me/BYDFiEnglish">Telegram</a> creates a space for traders and investors to connect.&nbsp;<a href="https://www.youtube.com/@BYDFiOfficial">YouTube</a> delivers multilingual educational content, and&nbsp;<a href="https://www.linkedin.com/company/BYDFi">LinkedIn</a> offers deeper insights into the exchange’s operations and team.

BYDFi XRP Trading Redefined with Low Fees

BYDFi XRP Trading Redefined with Low Fees.webp

XRP Takes Off, Trump’s Interaction with Ripple(XRP) Leaders Drives Price Surge, BYDFi Becomes the Go-To Exchange for Investors

<h2>Kraken Takes the Lead in Payout Initiative</h2><a href="https://coin360.com/coin/ftx-token-ftt">FTX</a> creditors are beginning to see signs of resolution as&nbsp;<a href="https://coin360.com/exchange/kraken">Kraken</a> takes charge in distributing funds under the court-approved Plan of Reorganization. The initiative marks a significant milestone in the fallout of the $32 billion cryptocurrency exchange’s collapse, which left investors and creditors grappling with substantial losses. The plan, finalized in 2024, entrusted Kraken and BitGo to oversee the repayment process, with Kraken taking the first step by initiating payouts.The collapse of FTX in November 2022 remains one of the most infamous debacles in the cryptocurrency industry. Accusations of fraudulent activities and misuse of customer funds by Alameda Research, FTX’s sister company, culminated in the conviction of founder Sam Bankman-Fried. The once-prominent figure in crypto was sentenced to 25 years in prison and fined $11 billion in 2023, cementing the downfall of what was once a leading exchange.Kraken’s role in the reorganization effort includes prioritizing claims under $50,000, providing smaller creditors with a clear timeline for repayment. Notifications sent via email have outlined a 60-day window starting January 3, 2025, aiming to finalize payouts by March 3, 2025. These measures are intended to instill confidence among creditors, offering structured deadlines and incentives, such as fee-free trading on distributed amounts and additional credits based on payout sizes.<div class="raw-html-embed"><blockquote class="twitter-tweet">FTX Claims Distribution Distributor: Kraken<a href="https://twitter.com/krakenfx?ref_src=twsrc%5Etfw">@krakenfx</a> has started sending out emails informing FTX customers that have chosen Kraken that the onboarding process has been successful<a href="https://twitter.com/BitGo?ref_src=twsrc%5Etfw">@BitGo</a> is likely to do the same No timeline set for &gt;$50k Claim&lt; $50k within 60d 3rd Jan <a href="https://t.co/W7cZUQ79lH">pic.twitter.com/W7cZUQ79lH</a>— Sunil (FTX Creditor Champion) (@sunil_trades) <a href="https://twitter.com/sunil_trades/status/1877426574280241166?ref_src=twsrc%5Etfw">January 9, 2025</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>Despite these advancements, the process for claims exceeding $50,000 remains murky. Larger creditors face ongoing uncertainty, with no definitive timeline for their repayments. The complexity of these claims and associated delays continue to spark frustration among those awaiting financial resolution. Updates from BitGo, which has yet to begin its part of the process, are also highly anticipated as the initiative moves forward.The involvement of Kraken and BitGo underscores their expertise in managing intricate fund recovery efforts. Their selection as fund distributors reflects an effort to bring order to a chaotic and highly publicized financial collapse. A post from FTX creditor Sunil on X (formerly Twitter) confirmed the start of Kraken’s email notifications, signaling progress in a process that has dragged on for years. Sunil also hinted that BitGo could follow soon, though no specifics have been provided.The structured approach to smaller claims has offered some relief to affected creditors, many of whom have expressed cautious optimism. However, the lack of clarity for larger claims leaves unresolved questions that could prolong the ordeal for those with significant stakes. As the March 2025 deadline approaches for smaller claims, all eyes remain on BitGo’s next steps and updates on how the more complex claims will be handled.This article has been refined and enhanced by ChatGPT.

Humanoid robot distributing FTX claims in a futuristic factory

Humanoid robot distributing FTX claims in a futuristic factory_11zon.webp

Kraken Begins FTX Creditor Payouts; BitGo to Follow Soon

<h2>Institutional Giants Redefine Crypto Markets</h2>Spot&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> ETFs have completed their first year on U.S. stock exchanges, leaving an indelible mark on cryptocurrency markets and institutional investment strategies. As of January 10, 2025, these funds collectively hold 1.14 million&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a>, representing a significant 5.74% of Bitcoin’s total&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market capitalization</a>.&nbsp;With $106.82 billion in BTC reserves amassed since their launch in early 2024, these ETFs have not only legitimized Bitcoin but also attracted unprecedented institutional interest. Their success has even inspired the rise of&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> ETFs, which have quickly garnered $11.74 billion in&nbsp;<a href="https://coin360.com/coin/ethereum-eth">ETH</a> reserves within just five and a half months, signaling a broader shift in how traditional markets view digital assets.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/etesffsfgdgdgdjjj_1536x778_3bdaf3bd14.webp" alt="etesffsfgdgdgdjjj-1536x778.webp"></figure>Dominating this burgeoning market is BlackRock’s IBIT fund, which holds a commanding 557,881 BTC thanks to $37.85 billion in net inflows. Fidelity follows with its FBTC fund, managing 205,488 BTC valued at $19.21 billion and supported by $12.14 billion in cumulative inflows. Grayscale’s GBTC, once the market leader with over 620,000 BTC, has seen its dominance wane, now holding 204,411 BTC after suffering $21.58 billion in outflows. This seismic shift underscores investor preference for more regulated and accessible ETF structures over legacy products.Institutional players such as BlackRock, Fidelity, and MicroStrategy have been instrumental in driving this trend, collectively&nbsp;<a href="https://twitter.com/arkham/status/1877753355927167445">acquiring $94 billion</a> worth of Bitcoin in 2024 alone. BlackRock led with $50 billion, while MicroStrategy and Fidelity added $24 billion and $20 billion, respectively.&nbsp;<figure class="image"><img alt="tweet_1877753355927167445_20250111_192207_via_10015_io_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1877753355927167445_20250111_192207_via_10015_io_11zon_989c4ef54f.jpg"></figure>Meanwhile, retail investors have exhibited signs of capitulation, with a notable –22% drop in 30-day BTC demand, often seen as a precursor to market bottoms. The contrast between institutional accumulation and retail retreat highlights the evolving dynamics within the crypto ecosystem.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/BTC_Retail_Investor_Volume_0_to_10_K_by_USD_Demand_30_D_Change_Large_6e2c440dc8.jpeg" alt="BTC-Retail-Investor-Volume-0-to-10K-by-USD-Demand-30D-Change-Large.jpeg"></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Market Sentiment and Predictions for Bitcoin’s Future</h2>The regulatory clarity and investor trust fostered by Spot Bitcoin ETFs have created a ripple effect across the market, stabilizing prices and reducing volatility. Analysts believe Bitcoin’s recent consolidation at $90,000–$91,000 may signal the end of the current cycle’s correction phase, setting the stage for the next bull run.&nbsp;Price predictions for this cycle range from $150,000 to an ambitious $250,000. Adrian, a Certified Market Technician, foresees Bitcoin peaking at $225,000 as it transitions from the optimism to the belief phase of its growth cycle. Similarly, Standard Chartered projects ETF-driven inflows of $50–$100 billion by 2026, potentially propelling Bitcoin to $250,000.Ethereum ETFs are also gaining momentum, led by BlackRock’s ETHA fund with $3.68 billion in inflows and Fidelity’s FETH fund securing $1.39 billion. While these products trail their Bitcoin counterparts, their rapid growth underscores the expanding appeal of crypto ETFs.The broader impact of Spot Bitcoin ETFs extends beyond price movements. Institutional investors' strategic accumulation has provided a stabilizing force, reducing market volatility and signaling a shift in market maturity. As long-term holders slow their distribution of Bitcoin, the selling phase appears to be concluding, reinforcing a foundation for sustained growth.&nbsp;Despite Bloomberg’s Eric Balchunas noting that the Bitcoin ETF market’s recent explosive growth may take a step back, the momentum remains overwhelmingly positive, positioning these funds as a cornerstone of future crypto adoption and investment strategies.This article has been refined and enhanced by ChatGPT.

Robot surfing Bitcoin chart wave, blockchain connections in mist 

Robot surfing Bitcoin chart wave, blockchain connections in mist_11zon.webp

Spot Bitcoin ETFs Celebrate a Year of Disruption: $106.82 Billion in Reserves

<h2>MicroStrategy Accumulates 200,000 BTC Amid Market Dip, Holdings Now at 450,000 BTC&nbsp;</h2>As of January 13, 2025, MicroStrategy's&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> holdings reached 450,000&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a>, purchased for $28.2 billion at an average price of $62,691 per BTC, reflecting an unrealized gain of $12.7 billion with a current valuation exceeding $40 billion. Over the past 10 weeks, MicroStrategy, led by Michael Saylor, added nearly 200,000 BTC, significantly outpacing BlackRock's spot Bitcoin ETF, IBIT, which acquired 120,000 BTC in the same period.&nbsp;Their&nbsp;<a href="https://x.com/saylor/status/1878789738720805176">most recent purchase</a> of 2,530 BTC for $243 million averaged $95,972 per coin, amidst a market dip where Bitcoin traded below $100,000. Despite this, market sentiment was mixed, with MicroStrategy’s stock dropping 5% to $310 in premarket trading, mirroring Bitcoin's 4% decline to $90,000. The dip coincided with macroeconomic factors, including strong U.S. labor market data and Federal Reserve rate hike concerns, potentially foreshadowing a Bitcoin supply shock due to decreased exchange reserves.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Genius Group Boosts Bitcoin Holdings to 372 BTC with $5 Million Purchase</h2>Genius Group has strengthened its "bitcoin first" strategy with a recent&nbsp;<a href="https://www.globenewswire.com/news-release/2025/01/10/3007617/0/en/Genius-Group-increases-Bitcoin-Treasury-to-35-million-ahead-of-schedule-towards-120-million-target.html">$5 million</a> purchase, raising its total&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> holdings to 372&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a>, valued approximately at $35 million, with an average purchase price of $94,047 per BTC. This move aligns with the company's commitment to allocate 90% of its reserves in Bitcoin, targeting a total of $120 million in BTC. Within two months of announcing this strategy, Genius Group has already achieved 25% of its goal. As of January 9, 2025, the company's&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market capitalization</a> is reported at $42 million, based on 66 million shares priced at $0.64 each, resulting in a bitcoin-to-price ratio of 83%. Additionally, Genius Group has increased its bitcoin loans with Arch Lending from $10 million to $14 million, positioning the loan-to-value ratio at 40%, further solidifying its commitment to Bitcoin as a central asset in its corporate treasury strategy.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>MicroStrategy Plans $10B Share Authorization Vote on January 21 to Expand Bitcoin Holdings</h2>MicroStrategy Inc. is scheduled to hold a crucial shareholder meeting on January 21, 2024, to vote on significant amendments aimed at expanding its Bitcoin treasury. The proposed amendment seeks to increase the Class A common stock from 330 million to 10.33 billion shares, a strategic move to reinforce its Bitcoin holdings as part of the 21/21 Plan initiated in October 2024. Additionally, shareholders will decide on the expansion of preferred stock from 5 million to 1.005 billion shares. With current share values around $331, if approved, MicroStrategy stands to raise considerable capital for further Bitcoin acquisitions. This initiative is seen as a pivotal step in solidifying the company’s position as the largest corporate Bitcoin holder while enhancing its overall financial capabilities and market activities.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Meta Urged to Adopt Bitcoin for Corporate Treasury Amid Growing Institutional Interest</h2>Ethan Peck, representing the National Center for Public Policy Research, has&nbsp;<a href="https://x.com/TimKotzman/status/1877801644601061406">submitted a proposal</a> urging Meta to integrate Bitcoin into its corporate treasury, similarly to initiatives directed at Microsoft and Amazon. This proposal emphasizes Bitcoin’s inflation-resistant qualities, advocating for its adoption as a hedge against economic uncertainties. Citing successful adoption by companies like MicroStrategy, the proposal points out that MicroStrategy’s stock has outperformed the market by 2,191% over five years. The National Center previously suggested that Amazon allocate 5% of its assets to Bitcoin. The initiative underscores Bitcoin's fixed supply and its rising acceptance among institutional investors, positioning it as a strategic asset.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Heritage Distilling to Accept Bitcoin Payments and Hold Cryptocurrency as Strategic Asset</h2>Heritage Distilling Company, listed on NASDAQ under the ticker CASK, announced its plans to accept cryptocurrency payments and hold it as a strategic asset. This initiative aims to enhance the company's position in the craft spirits market by allowing the acceptance of Bitcoin for online e-commerce transactions. CEO Justin Stiefel emphasized Heritage's innovative spirit, stating that the company is poised to lead the craft industry in cryptocurrency adoption. Before implementation, Heritage will develop a comprehensive policy plan for board approval, ensuring a structured approach to integrating cryptocurrency into its financial strategy. The company's entry into the cryptocurrency space reflects a growing trend among businesses to diversify payment options and incorporate digital assets into their treasury strategies.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Semler Scientific Expands Bitcoin Holdings to 2,321 BTC with $23.3 Million Purchase</h2>Semler Scientific has&nbsp;<a href="https://ir.semlerscientific.com/node/10666/pdf">expanded</a> its bitcoin holdings by acquiring an additional 237 bitcoins for $23.3 million between December 16, 2024, and January 10, 2025. This purchase brought the company's total holdings to 2,321 bitcoins, which have been acquired for an aggregate of $191.9 million at an average purchase price of $82,687 per bitcoin. The recent acquisition reflects Semler's bullish stance on the cryptocurrency market, with current holdings valued at approximately $221 million based on prevailing market prices.&nbsp;The funding for this purchase was sourced from proceeds generated through an at-the-market offering and the company's operating cash flow. Semler Scientific now ranks as the 13th largest public corporate holder of bitcoin, significantly behind MicroStrategy, which leads with 450,000 bitcoins. Following the announcement, Semler's stock saw an increase of 2.61% to close at $52.7, though it experienced a slight decline in after-hours trading.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Intesa Sanpaolo Purchases $1 Million in Bitcoin as First Direct Crypto Investment</h2>Intesa Sanpaolo, Italy's largest bank, has made its&nbsp;<a href="https://www.reuters.com/business/finance/italys-intesa-buys-1-mln-euros-bitcoin-first-proprietary-trade-2025-01-14/">first bitcoin purchase</a>, acquiring 11 bitcoins for €1 million (approximately $1.03 million), marking a significant milestone as the first Italian bank to directly acquire cryptocurrency. The purchase, described by CEO Carlo Messina as "an experiment, a test," emphasizes a cautious approach towards digital assets amidst the bank's substantial $100 billion securities portfolio. This strategic move, authorized in late 2023, signifies the establishment of Intesa's crypto proprietary trading desk to facilitate direct trading in digital currencies, previously limited to crypto options and ETFs.&nbsp;Messina underscored the investment's insignificance compared to the bank's portfolio while suggesting readiness to cater to sophisticated client demands for cryptocurrency. Reports of the purchase emerged from an internal memo and were initially disclosed on the online platform 4Chan. Intesa's ongoing adaptation demonstrates a growing interest in digit.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Remixpoint Boosts Bitcoin Holdings to Nearly $32 Million with Latest Acquisition</h2>Remixpoint, a Tokyo-listed energy consulting firm, has expanded its cryptocurrency investments by acquiring an additional 33.34&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a>, valued at approximately $3.2 million. This recent purchase brings the company's total bitcoin holdings to nearly 333.19 BTC, worth around $31.7 million. Since commencing its bitcoin strategy in September, Remixpoint has also accumulated notable amounts of other cryptocurrencies, including 1,391.3&nbsp;<a href="https://coin360.com/coin/ethereum-eth">ETH</a> ($4.4 million), 6,724.5&nbsp;<a href="https://coin360.com/coin/solana-sol">SOL</a> ($1.2 million), 513,060&nbsp;<a href="https://coin360.com/coin/xrp-xrp">XRP</a> ($1.3 million), 19,468.9&nbsp;<a href="https://coin360.com/coin/avalanche-avax">AVAX</a> ($694,650), and 1.15 million&nbsp;<a href="https://coin360.com/coin/dogecoin-doge">DOGE</a> ($402,500).&nbsp;The firm is strategically investing in crypto assets to mitigate the risks associated with the depreciation of the Japanese yen. This approach mirrors that of industry leaders like MicroStrategy, which recently purchased 2,530 BTC, and Metaplanet, which aims to grow its bitcoin holdings to 10,000 BTC this year. Remixpoint’s stock has gained 12.7% since the beginning of 2025.This article has been refined and enhanced by ChatGPT.

Stay Updated with the Latest Cryptocurrency News

Daily Bitcoin and Ethereum Updates

Live Price Charts and Analysis

Market Commentary from Crypto Experts