Category: Crypto

Poland’s central bank has ruled out Bitcoin as part of its national reserves, citing security risks and financial stability concerns. While other countries explore crypto reserves, Poland aligns with European regulators in favoring traditional assets like gold and foreign currencies.
The post Poland’s Central Bank Rejects Bitcoin for Reserves, Citing Security Concerns: Report appeared first on Cryptonews. …

The Bitcoin network is experiencing a sharp decline in activity, according to CryptoQuant’s Bitcoin Network Activity Index. 
The post Bitcoin Network Activity Drops 15%, Hits Lowest Level in a Year appeared first on Cryptonews. …

Maryland’s proposed Bitcoin reserve bill aims to integrate cryptocurrency into state investments, allowing Bitcoin holdings as a financial hedge. The legislation follows similar moves in Utah and Kentucky, reflecting growing adoption at the state level. The bill also outlines guidelines for accepting crypto payments.
The post Maryland Joins States Proposing Strategic Bitcoin Reserve appeared first on Cryptonews. …

Firoz Patel, Payza’s founder, received 41 more months in prison for concealing 450 BTC (over $43 million) from authorities after his 2020 money laundering conviction14. He tried using Binance and Blockchain.com to hide the funds.
The post Canadian Who Hid 450 BTC from U.S. Feds Sentenced to 41 Months in Prison appeared first on Cryptonews. …

BlackRock, the world’s largest asset manager with over $11.6 trillion in assets under management, has expanded its stake in Michael Saylor’s rebranded company, Strategy.
The post BlackRock Boosts Stake in Michael Saylor’s Strategy to 5%, Increasing Bitcoin Exposure appeared first on Cryptonews. …

MBD Financials and Indigo Precious Metals join hands to launch gold-backed NFTs, tokenized gold bars, and gold-backed digital avatars.
The post Tokenized Gold Bars, Gold-Backed NFTs and Avatars Soon to Launch via MBD Financials and Indigo Precious Metals Collab appeared first on Cryptonews. …

The SEC officially acknowledges Grayscale’s Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF’s approval process could shape the future of Solana investments.
The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews. …

Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallethttps://t.co/PxsHyZ8BcD — Whale Alert (@whale_alert) February 5, 2025 Transfers from exchanges to private wallets are often seen as […]
The post 1.24 Trillion SHIB On the Move – Will This Trigger a Price Reversal? appeared first on Cryptonews. …

Hong Kong-based crypto custodian Hex Trust successfully closed a strategic funding round led by Morgan Creek Digital on Friday.
The post Hex Trust Secures Strategic Funding Led by Morgan Creek Digital appeared first on Cryptonews. …

Trump Meme Coin Official Trump ($TRUMP) appears excluded from the very wave of “meme coin mania” it created, subdued by a recent legal hit.
The post Trump Meme Coin Hit With Legal Complaint – Is a Total Collapse Coming? appeared first on Cryptonews. …