Latest news with #digitalAssets

Associated Press
2 days ago
- Business
- Associated Press
FansHash Launches Cloud Mining Platform, Opening a New Era of Passive Income
FansHash, a global cloud mining platform, is launching a new service aimed at simplifying cryptocurrency mining and making passive income more accessible to everyday users. By leveraging advanced cloud technology and a worldwide network of data centers, FansHash enables users to mine leading digital assets—such as Bitcoin and Ethereum—without needing traditional bulky equipment or technical expertise. 'Our mission is to make it easy for everyone to participate in cryptocurrency mining and achieve financial independence,' a FansHash spokesperson said. 'Let the platform handle the tedious process while you focus on enjoying life.' How It Works Getting started with FansHash is designed to be simple: Available contract options include: Why FansHash? Start your passive income journey today. Visit to learn more and sign up. About FansHash FansHash is a leading cloud mining platform dedicated to making cryptocurrency mining convenient, secure and profitable. Backed by industry experts and advanced infrastructure, FansHash has earned the trust of users around the world and delivered outstanding results. For more information, visit Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Media Contact FansHash Media Relations [email protected] ### SOURCE: FansHash Copyright 2025 EZ Newswire

Finextra
30-05-2025
- Business
- Finextra
Binance civil enforcement action dismissed by SEC
In June 2023, The Securities and Exchange Commission filed charges alleging that the crypto asset trading platform committed a variety of securities law violations. 2 This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This week, a litigation release revealed that the SEC filed a joint stipulation with Binance entities and founder Changpeng Zhao to drop, with prejudice, the ongoing civil enforcement action. The release says: "In the exercise of its discretion and as a policy matter, the Commission determined that the dismissal of this action is appropriate. Furthermore, as stated in the joint stipulation, 'the Commission's decision to seek dismissal of this Litigation does not necessarily reflect the Commission's position on any other litigation or proceeding."" Celebrating the news on X, Binance posted: "Huge win for crypto today. The SEC's case against us is dismissed. Thank you to Chairman Atkins & the Trump team for pushing back against regulation by enforcement. U.S. innovation is back on track - and it's just the beginning." This message was built upon in a blog post, which describes this as "a major win for our customers, our business, and the digital asset industry." The blog continues: "From the outset, we maintained that the SEC's claims were baseless, unjustified, and politically motivated. Instead of providing regulatory clarity to help American consumers safely access the benefits of digital assets, the SEC chose instead to wage an aggressive campaign of regulation by enforcement. This approach has created nothing but harm for American consumers and businesses alike. "There is a real and serious cost when a powerful regulatory agency like the SEC, which has a mandate to prevent fraud and ensure fair and orderly markets, instead chooses to bring unwarranted cases against companies that have not violated U.S. laws and regulations. This overreach has taken a significant toll on our business, forcing us to divert significant resources to defend against claims that never should have been brought. However, with today's victory and new leadership in place at the SEC, a meaningful shift is underway." In March 2023, the US Commodity Futures and Trading Commission (CFTC) charged Binance and two of its top executives with "willful evasion of US law", seeking penalties and permanent trading and registration bans against the digital asset firm. In June of the same year, Binance failed in its bid to secure a virtual asset service provider (VASP) license in the Netherlands, forcing the crypto exchange to exit the country. Alongside that, French prosecutors started investigating Binance for concerns regarding possible "aggravated money laundering by taking part in investment operations, concealment and conversion, the latter being carried out by perpetrators of offenses having generated profits." At the time, the SEC alleged securities law violations and accused the crypto exchange of engaging in an "extensive web of deception." In October 2023, after the UK's FCA introduced new rules outlining that firms wishing to promote cryptoassets in the UK must be authorised or registered by the FCA, or alternatively have their marketing approved by an authorised firm, Binance initially engaged to review and approve financial promotions, but it soon became apparent that the company was not licensed to do this. Late in November, Binance agreed to pay $4.3 billion in penalties and forfeitures in order to settle a long-running investigation by the US Department of Justice and other federal agencies. Founder Changpeng Zhao also plead guilty to violating anti-money laundering charges and stepped down as CEO, with Richard Teng, Binance's head of regional markets, taking over as the new CEO. "I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself," Zhao posted on X at the time. Along with the Department of Justice lawsuit, Binance also settled the charges with the CFTC.


Bloomberg
29-05-2025
- Business
- Bloomberg
Jack Mallers Aims to One-Up Michael Saylor With Tether and Cantor's Help
Until recently, Jack Mallers was probably best known outside the hardcore crypto community for bursting into tears in 2021 while announcing that Bitcoin would be legal tender in El Salvador during the industry's largest conference in Miami. Now, four years later, Mallers is returning to the center stage at Bitcoin 2025 in Las Vegas on Thursday as the co-founder and chief executive officer of one of the most talked-about ventures in the digital asset world — Twenty One Capital Inc., an amalgamation of some of crypto and Wall Street's deepest-pocketed players, who are coming together to accumulate Bitcoin.
Yahoo
25-05-2025
- Business
- Yahoo
Solana Plunges 5% as Midnight Sell-Off Signals Institutional Selling
The cryptocurrency market faces renewed pressure as Solana (SOL) dropped below its stable $177 trading range, reflecting broader concerns about global economic stability. The correction coincides with increasing geopolitical tensions that have rattled financial markets worldwide, forcing investors to reassess risk exposure across digital assets. Despite the pullback, Solana's ecosystem continues to expand with R3's strategic pivot to integrate with its blockchain, signaling growing institutional interest in the platform's capabilities for tokenizing real-world assets. Technical Analysis Highlights SOL price dropped from stable $177 range to find support at $170.41, representing a 4.5% correction. Dramatic volume spike to 1.26M occurred during midnight hour when prices fell below $172. Support levels established at $170.67-$171.66 have held thus far. Price attempted recovery toward $174 level before facing resistance. In the last hour, SOL declined from $172.93 to $172.00. Significant price drop occurred at 08:00, briefly touching $171.92 before recovering. Volume spiked to 29,372 units during this minute, suggesting institutional selling pressure. Temporary support found at $171.80-$171.85 range around 07:30-07:31. Local high of $172.35 reached at 07:36 during recovery attempt. Price continues to consolidate near $172 support level. External References "Solana (SOL) Price Flexes Bullish Momentum, Analysts Eye Major Breakout Beyond $250", Coin Edition, published May 23, 2025. "Can Solana Break the $180 Resistance? Here's What SOL Price Will Be Worth in 2025!", CoinPedia, published May 24, 2025. "Solana MACD Curling Up – Is This The Prelude To A Breakout?", NewsBTC, published May 24, 2025. Sign in to access your portfolio


Forbes
24-05-2025
- Business
- Forbes
5 Top Cryptocurrency Trends Shaping The Second Half Of 2025
The crypto landscape is becoming more dynamic and accessible. Crypto is in for another wild ride in the second half of 2025. From DeFi projects and stablecoin acceleration to the growing overlap of AI and crypto, there is a lot to watch. This article breaks down the biggest trends set to shape the space and how these developments could transform digital assets. The crypto landscape has transformed dramatically in 2025, driven by regulatory developments, technological advancements, and shifting market dynamics. Donald Trump's return to office has brought a pro-crypto agenda to the forefront, with the U.S. government establishing a Strategic Bitcoin Reserve and signaling plans for clear, industry-friendly regulations. This shift has sparked renewed interest in digital assets, with institutional investors re-entering the market and major financial players expanding their crypto services. Looking ahead, 2025 is about making crypto more useful and easier to understand. Innovations in stablecoins, decentralized finance and tokenization give investors new ways to use digital assets. These changes could make payments faster, give more people access to investment opportunities and simplify transactions. It all points to crypto becoming a bigger part of everyday finance. As digital assets continue to mature, several key trends are gaining momentum. Stablecoins are becoming more mainstream, while new AI-powered crypto applications are pushing the boundaries of automation and data analysis. DeFi is diversifying with more sophisticated protocols, and bitcoin secondary investments, such as ETFs and derivatives, are drawing institutional interest. Meanwhile, tokenizing real-world assets is becoming a game-changer, bringing physical assets like real estate, commodities and fine art onto the blockchain. These developments could reshape how digital assets are used, traded and regulated. This section will explore each trend, offering insights into its potential impact and what it means for investors. Stablecoins have become a critical part of the crypto ecosystem, and their influence will only continue to grow in the second half of 2025. These digital currencies, which are pegged to stable assets like the U.S. dollar, offer the benefits of blockchain technology without the volatility of other cryptocurrencies. Tether, the largest stablecoin issuer, is leading the charge, preparing to launch a U.S.-based stablecoin while working closely with U.S. lawmakers to shape crypto regulations. The broader stablecoin market is also evolving. With the U.S. Office of the Comptroller of the Currency reaffirming that banks can engage in stablecoin activities and new players entering the space, competition is heating up. Stablecoins are no longer just a tool for crypto traders. They are becoming a bridge between traditional finance and the digital economy, offering instant settlement, reduced transaction costs and a stable gateway to the world of digital assets. The intersection of cryptocurrency and AI is quickly becoming a major trend in 2025, with decentralized AI networks gaining attention. One notable example is Bittensor, a blockchain-based platform that enables users to create, share and monetize AI tools without relying on centralized tech giants. Bittensor's model is built around subnets, independent communities focusing on specific AI tasks. This approach allows developers to collaborate and compete while maintaining transparency. This system ensures that high-quality work is recognized, while underperformers are removed. For developers and investors, this creates a more merit-based and sustainable ecosystem. Other projects, like Ambient, are pushing even further by creating blockchain networks that integrate AI directly into their core operations. Ambient, backed by top venture firms like a16z and Delphi Digital, aims to be a decentralized competitor to centralized AI giants like OpenAI. As these crypto-AI hybrids grow, they promise a future where AI tools are open, decentralized and more secure, making this a trend worth watching for the rest of 2025. DeFi has long been one of the most dynamic sectors in the crypto industry, but 2025 is shaping up to be a turning point. For years, DeFi thrived in a largely unregulated space, offering users decentralized lending, borrowing and trading without traditional banks. However, this freedom led to fraud, exploitation and regulatory scrutiny. In 2025, the regulatory landscape for DeFi experienced a seismic shift. The Trump administration adopted a crypto-friendly stance, repealing the IRS's controversial DeFi broker rule and signaling a more supportive approach to digital assets. This decision has created a more favorable environment for DeFi in the U.S., allowing protocols to operate without being treated like traditional brokerages. Because of the newly implemented regulatory clarity, investor interest in DeFi is soaring. EY reported that the number of investors engaging with DeFi is expected to triple over the next two years, rising from 24% to 75%. This growth reflects the sector's appeal as a way to access financial services without traditional intermediaries. As 2025 continues, the real test for DeFi will be how it balances innovation with compliance, ensuring both user protection and continued growth. Secondary bitcoin investments are gaining momentum in 2025 as companies and institutional investors seek new ways to gain indirect exposure to bitcoin. These secondary investments include bitcoin exchange-traded funds, futures and even bitcoin-backed bonds. With regulatory clarity improving, these products offer a more accessible way for investors to tap into Bitcoin's potential without dealing with self-custody complexities. The trend is fueled by growing interest from corporate treasurers who view bitcoin as a strategic reserve asset. Companies like Strategy, Block, and Semler Scientific have added bitcoin to their balance sheets, using it as a hedge against inflation and a tool for long-term value preservation. The Financial Accounting Standards Board also updated its guidelines in December 2023, allowing companies to report bitcoin using fair value accounting, making it easier to show bitcoin's actual value on financial statements. The appeal of secondary bitcoin investments is clear. These products offer exposure to bitcoin's price growth without the risks of direct ownership. Public companies have already purchased 3.3 times more bitcoin in 2025 than the total new supply mined this year, highlighting the demand. As more firms explore bitcoin as a strategic asset, the market for bitcoin secondary investments is expected to grow rapidly, providing new opportunities for both corporate and retail investors. Tokenization of real world assets (RWA) is already trending in 2025, transforming how traditional assets like real estate, commodities, stocks and bonds are managed and traded. By representing these assets as digital tokens on blockchain networks, tokenization eliminates the need for paperwork, reduces transaction costs and increases accessibility for investors. Assets that were once illiquid, like private real estate, can now be easily bought, sold or fractionally owned by a global audience. This trend is gaining momentum as major financial institutions like BlackRock, Goldman Sachs and JP Morgan embrace RWA tokenization. Analysts at VanEck project that the RWA market could exceed $50 billion by the end of 2025, with potential growth to $10 trillion by 2030. As regulatory clarity improves and more investors seek efficient, blockchain-powered ways to access traditional assets, RWA tokenization is set to become a foundational part of the digital economy. Bottom Line The second half of 2025 is set to reshape the crypto industry with key trends like stablecoins, DeFi, secondary Bitcoin investments, AI-powered blockchain and RWA tokenization. As regulatory clarity improves and major players enter the space, these developments transform how digital assets are used, traded and integrated into the financial system. Investors should watch for growing institutional interest, expanding use cases, and evolving regulations that could drive market growth. Whether decentralized finance is adapting to new rules, bitcoin is gaining traction as a treasury asset or tokenized real-world assets are creating new investment opportunities, the crypto landscape is becoming more dynamic and accessible. The biggest trend in crypto for the second half of 2025 is the continued evolution of blockchain technology, with growing adoption in areas like decentralized finance (DeFi), stablecoins and the tokenization of traditional assets. Yes, AI is already impacting crypto trading by providing advanced data analysis, automated trading strategies and predictive market insights. As AI technology improves, it is expected to make trading faster, more accurate and accessible to a wider range of investors. Investors should watch for regulatory changes, the continued rise of RWA tokenization and the impact of AI on blockchain and crypto trading. Keeping an eye on institutional adoption and new Bitcoin investment products will also be crucial. Meme coins are still relevant, but their popularity has shifted toward niche communities and short-term speculation. Most meme coins lack real utility and often do not retain long-term value.