Author: Kryptonews

The crypto market is experiencing a mixed momentum in line with the latest 24-hour data. Hence, the total crypto market cap is now hovering around $2.83T after a 0.27% increase. However, the 24-hour crypto volume presents a 23.13% decrease, reaching $137.89B. At the same time, the Crypto Fear & Greed Index is sitting at 26 points, showing notable “Fear” among the traders. Bitcoin ($BTC) Surges by 0.53% While Ethereum ($ETH) Drops by 1.90% Particularly, the leading crypto asset, Bitcoin ($BTC), is changing hands at $83,947.08, showing a 0.53% rise. Additionally, the market dominance of Bitcoin is standing at 59.1%. However,…

French senators have unanimously adopted a bill designed to simplify the return of artworks looted during the colonial era, a move that advances President Emmanuel Macron’s long-running effort to recast France’s relationship with its former colonies. The legislation now heads to the National Assembly, where it must still be approved before becoming law. Macron has made restitution a central plank of his cultural and diplomatic agenda since taking office in 2017, going further than any of his predecessors in publicly acknowledging abuses committed during France’s colonial rule in Africa. During a visit to Ouagadougou that year, he pledged that France…

Activity on major altcoin networks, namely Solana and Ethereum, saw major milestones in January. Daily active addresses on Solana consistently topped 5 million in the second half of the month.Ethereum overtook major layer 2s in December in terms of daily active addresses after major upgrades to the network. In January, the network marked a 25% increase in daily active addresses amid efforts from developers to “future proof” Ethereum.Seven Bitcoin (BTC) miners in the US are in a critical storm zone and may need to temporarily scale back their mining activities as a winter storm rocked power grids and left thousands…

Tokenized silver futures recorded the largest liquidations across the crypto market over the past 24 hours, overtaking bitcoin and ether in a rare reversal of the usual risk hierarchy as a pullback in precious metals spilled into commodities-based crypto futures.According to CoinGlass data, 129,117 traders were liquidated in the past day, with total losses reaching $543.9 million. Tokenized silver contracts led the wipeout, with roughly $142 million in liquidations tied to products tracking silver prices. Bitcoin followed with about $82 million, while ether saw nearly $139 million.The largest single liquidation order during the period occurred on Hyperliquid, where a leveraged…

Key NotesstVaults allow isolated, purpose-built staking setups with access to stETH liquidity and transparency, deployed by Lido.Early adopters and supporters include Linea for native yield on bridged ETH and Nansen for staking paired with DeFi strategies.Institutions and node operators can now configure vaults for specific compliance and operational needs. Lido, the leading liquid staking protocol on Ethereum, has brought stVaults to mainnet. Linea, Nansen, and several institutional stakers joined on day one as early users. In summary, the new primitive deployed today, Jan. 30, lets protocols, Layer 2 (L2) networks, institutions, and other users set up dedicated staking vaults. These…

The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset platforms as part of its Iran sanctions program. In a statement on Friday, the Treasury Department’s Office of Foreign Assets Control (OFAC) said the sanctions are part of a wider move against Iranian officials and networks accused of violently suppressing people at home while using alternative financial channels to get around international sanctions.Among those sanctioned was Eskandar Momeni Kalagari, Iran’s minister of the interior, who oversees the country’s Law Enforcement Forces. “Treasury will continue to target…

In a new report published by the State Department’s Bureau of Protocol, records show that former President Joe Biden received a $19,000 painting from the president of Angola, João Lourenço, last year. The report, published annually, details gifts given to the president, their spouse, members of the cabinet, and other senior officals by foreign leaders and governments. Federal employees are required to report such gifts, if they are worth more than $480. Usually, those gifts are then transferred to the National Archives or the General Servies Administration, unless the recipient chooses to reimburse the US Treasury for them. Related Articles…

21Shares has launched a Jito-staked Solana exchange-traded product in Europe, offering listed exposure to the SOL token with staking embedded.The 21Shares Jito Staked SOL ETP will trade under the ticker JSOL in US dollars and euros and is listed on Euronext Amsterdam and Paris, making it the first Europe-listed ETP backed by JitoSOL, according to the company. The product holds JitoSOL directly and reflects staking rewards in its net asset value.Developed by the Jito Network, JitoSOL represents SOL (SOL) deposited into a liquid staking program on the Solana network, where staked tokens remain transferable rather than locked. Holding JitoSOL allows…

Two high-profile crypto figures are preparing to pour tens of millions of dollars into California politics, aiming to reshape the state Legislature by backing moderate, business-friendly candidates and countering the influence of labor unions.The effort, operating under the banner of Grow California, is backed by Chris Larsen, a longtime Democratic donor and co-founder of Ripple, and Tim Draper, a venture capitalist known for his support of Bitcoin (BTC), according to The New York Times. “The government unions do a great job,” Larsen reportedly told the outlet. “But that’s going to clash with a lot of the things that are going…

Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than any breakdown in its trading systems following speculative chatter on social media.In a report released Saturday, the exchange said global markets were already under pressure following trade-war headlines when crypto markets cracked. Bitcoin and ether had rallied for months into early October, leaving traders heavily positioned and exposed.At the time, open interest across bitcoin futures and options exceeded $100 billion, creating conditions ripe for forced deleveraging once prices started to fall, it said.The selloff quickly fed on itself. As prices…