Crypto
Nasdaq digital assets group to launch cryptocurrency custody service – SiliconANGLE
Nasdaq Inc. is increasing its curiosity in cryptocurrency with a brand new group devoted to digital belongings that can initially launch a cryptocurrency custody service.
Regardless of some stories referencing solely unnamed sources, Tal Cohen, Nasdaq’s govt vice chairman and head of Northern American markets, has confirmed the change’s plans.
The brand new digital belongings group is headed by Ira Auerbach, who beforehand ran prime dealer companies on the crypto change Gemini Belief Co. LLC. “We imagine this subsequent wave of the revolution goes to be pushed by mass institutional adoption,” Auerbach informed Bloomberg. “I can consider no higher place to carry that belief and model to the market than Nasdaq.”
The transfer by Nasdaq to supply crypto custody companies is a probable first step by Nasdaq into providing extra cryptocurrency-related companies. A custody service would see Nasdaq securely storing digital belongings for purchasers to guard them from loss and theft. Holding these belongings is a primary step to Nasdaq providing extra companies that purchasers can faucet into in the event that they want to switch or commerce their cryptocurrency holdings.
“Custody is foundational,” Cohen defined to Bloomberg. “Off the again of custody, we will begin to develop different options, supply execution companies, liquidity companies and take into consideration how we help new markets.” Cohen did word that though Nasdaq has no speedy plans to launch a cryptocurrency change, it will consider the chance based mostly on the aggressive panorama and regulatory setting.
Nasdaq’s transfer into crypto custody companies will see it compete with firms akin to Coinbase Inc., Anchorage Labs Inc. and BitGo Inc.
The potential that Nasdaq could later pursue cryptocurrency change companies comes as Wall Road heavyweights again a brand new change geared toward bringing conventional finance to digital asset buying and selling by intermediaries.
EDX Markets launched on Sept. 13 with the backing of Charles Schwab Corp., Citadel Securities, Constancy Digital Property, Paradigm, Sequoia Capital and Virtu Monetary. In an interview with CoinDesk, Chief Government Officer Jamil Nazarali stated the change will service establishment accounts and trade “long-term gamers” who’re “not investing to make a fast buck.”
Picture: Flickr
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Crypto
Bitwise Seeks SEC Approval for Dogecoin ETF—Will Meme Coins Go Mainstream? – Featured Bitcoin News
Crypto
New Cryptocurrency to Buy: New Crypto Coins Listing February 2025
The crypto market has been surging since the end of 2024, driven by the general shift in the outlook on crypto towards positive. This rally has reignited investor interest, with altcoins and new projects experiencing significant traction.
The overall market sentiment has been at its most bullish in years, and the regulatory environment is increasingly favoring cryptocurrencies – and with Donald Trump re-entering the presidential office, this rings even more true.
Government regulators seem to be leaning toward fostering innovation rather than restricting it, and institutional adoption is growing. This combination of market growth and political favorability is creating an environment where new projects have immense potential.
Due to these favorable conditions, now could be the time to identify the top new cryptocurrencies with the highest potential. Below we look at four new crypto coins that could be set to explode this February.
Solaxy ($SOLX)
Solaxy ($SOLX) aims to become the world’s first Solana Layer-2 blockchain, promising to deliver lightning-fast transaction speeds and customized solutions. It aims to address Solana’s major issues, including network congestion, scalability limits, and failed transactions.
Solaxy’s native token, $SOLX, has already raised an impressive $15.9 million in presale, proving strong investor demand. The key innovation of Solaxy is its off-chain transaction processing, which reduces the burden on Solana’s Layer-1 and prevents network slowdowns. By utilizing rollups, Solaxy ensures that transactions remain fast, seamless, and uninterrupted, even during peak congestion times.
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Beyond speed, Solaxy is highly scalable, making it ideal for meme coins and high-volume transactions. Its fully customizable infrastructure allows developers to build and optimize dApps without the limitations of Solana’s mainnet. The ability to bundle transactions further enhances efficiency, keeping costs low and throughput high.
$SOLX can also be staked to generate an impressive dynamic APY (annual percentage yield) of up to 249%. So far, 4.5 billion out of the entire 138.046 billion supply is staked. This strong staking incentive makes it a potentially highly lucrative asset for long-term holders.
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Best Wallet Token ($BEST)
Best Wallet Token ($BEST) is designed to power the Best Wallet ecosystem, offering users a range of benefits and utilities. In its presale, $BEST has already raised $8.5 million, making it one of the most anticipated launches in the space.
One of the biggest advantages of $BEST, apart from being part of an already successful ecosystem, is its ability to reduce transaction fees for its holders. Additionally, holders gain early access to new projects and presales at Stage 0, providing a major advantage in securing high-potential investments before they become publicly available.
BestWallet Is The Best Crypto Wallet And Hottest Crypto Launchpad Of 2025!
The token also plays a vital role in governance, allowing holders to vote on key decisions within the ecosystem. Staking rewards are significantly enhanced for $BEST holders, making it a valuable asset for those looking to maximize their returns.
The token’s supply is capped at 10 billion, with 127 million tokens currently staked, delivering a live APY of up to 209%. Best Wallet also offers an airdrop program where users can earn $BEST tokens by completing daily or weekly quests, further incentivizing engagement. Currently, $BEST is priced at $0.023775 in presale.
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Official Trump ($TRUMP)
Official Trump ($TRUMP) launched on January 17, 2025, and within hours, it reached a market cap of $15 billion. The token hit an all-time high of $73 before correcting to its current price of $27.4, with a market cap of $5.4 billion and a 24-hour trading volume of $2.7 billion.
This token is unique because it is the official meme coin of the 45th President of the United States, Donald Trump. Following the success of $TRUMP, Melania Trump, the First Lady, launched her own token, $MELANIA, further fueling speculation that political figures could drive future crypto trends.
$TRUMP remains highly volatile but offers significant potential for high returns. The strong backing from Trump’s supporters and political influence makes it a token to watch, especially with speculation that government policies could favor its growth.
With major price swings and immense trading volume, $TRUMP presents an opportunity for traders looking for high-reward investments.
Popcat ($POPCAT)
Popcat ($POPCAT) is a meme coin inspired by the viral internet sensation featuring a cat named Oatmeal. The token was launched in December 2023 on Raydium and quickly gained traction with the meme coin community.
Despite being 82% below its ATH of $2.05 (reached in November 2024), Popcat remains one of the most exciting meme coins in the market. Currently priced at $0.36 with a market cap of $359 million, Popcat trades 9,500% above its lowest price of $0.0037 per token.
Its popularity is fueled by its strong online presence and dedicated community. Unlike many meme coins that lack real utility, Popcat has positioned itself as more than just a joke. Its ecosystem aims to integrate with online platforms and gaming communities, leveraging its meme status to drive widespread adoption.
With high trading volume and a proven history of reaching new highs, Popcat is a solid contender for explosive growth. If meme coin trends continue, it has the potential to reclaim its ATH and beyond.
Crypto
Coinbase Gets Green Light for Debut in Argentina | PYMNTS.com
It’s all systems go for Coinbase to launch in Argentina after regulators in that South American nation gave their approval for the U.S.-based cryptocurrency exchange to begin operating there, the company said Tuesday (Jan 28).
The expansion will be led by Matías Alberti, who previously worked for Latin American crypto firm Buenbit. “Matías brings a wealth of experience and a deep understanding of the local market,” said Fabio Plein, director for the Americas at Coinbase. “We’re confident in his leadership as we work to bring crypto services to millions of Argentinians.”
The Argentine economy has been on better footing as of late, with credit rating agency Moody’s upgrading the country, Fortune reported on Jan. 25. This was due mostly to President Javier Milei recently introduced economic reforms. And while crypto did not seem to figure in the Moody’s upgrade, Argentines are keen for it.
According to Coinbase, 5 million Argentinians use crypto daily, with 87% believing crypto can boost financial independence. Already, 76% of the country’s adults see crypto as a solution to some of their financial frustrations, such as inflation and high transaction costs, while 79% are open to receiving their payments, including wages, in cryptocurrency.
“Economic freedom is a cornerstone of prosperity, and we are proud to bring secure, transparent and reliable crypto services to Argentina,” added Plein in a company announcement. “For many Argentinians, crypto isn’t just an investment, it’s a necessity for regaining control over their financial futures.”
As part of its launch there, Coinbase has secured a Virtual Asset Service Provider (VASP) registration from the country’s National Securities Commission (CNV). This will allow Coinbase to operate within the country’s legal framework for virtual assets as it begins rolling out its products in 2025.
The CNV registration will also allow Coinbase to augment its efforts in Argentina by offering localized services in Spanish, including local payment methods and customer support. To further raise the comfort level of Argentine consumers toward crypto, Coinbase plans to launch what it calls educational initiatives to enhance financial literacy for its users. The company reasons that a knowledgeable customer base will be able to navigate the crypto ecosystem with greater confidence.
The expansion into Argentina follows the announcements of the upgrade to the Coinbase One subscription program, introducing a premium tier, and the integration of Apple Pay as a payment method for Coinbase Onramp, both announced last December.
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