Lawmakers in Arizona have moved closer to creating an official crypto reserve that could include Bitcoin and XRP. The proposal would allow the state to hold and manage digital assets through a new government fund. The plan comes under Senate Bill 1649. It would create a Digital Assets Strategic Reserve Fund managed by the State Treasurer. The fund would store crypto assets seized through criminal or civil cases instead of using taxpayer money. The bill has already cleared two important steps. It passed the Senate Finance Committee in a 4–2 vote. It also received approval from the Senate Rules Committee.…
Author: Sazid Kabir
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Mentions of “tariffs” have surged across crypto social media after Donald Trump announced a new 15% global tariff on imports. The spike happened across platforms like X, Reddit, and Telegram. At the same time, Bitcoin’s price began to swing sharply. Market intelligence firm Santiment said these social spikes often appear during major turning points in the Bitcoin market. The company found that tariff-related discussions increased quickly whenever major tariff announcements happened over the past year. In April 2025, Trump introduced tariffs targeting several countries. These included a 60% tariff on China and 25% to 40% tariffs on Mexico, the European…
Crypto markets are buzzing after blockchain investigator ZachXBT teased a major exposé that could shake the industry. He claimed the report will reveal insider trading at “one of crypto’s most profitable businesses,” sparking massive speculation online. In a post on X, ZachXBT said the investigation will drop on February 26. The post quickly went viral, gaining more than 6 million views and over 22,000 likes. He alleged that multiple employees at the unnamed company abused internal data to profit from insider trading over a long period. The teaser triggered intense betting activity on Polymarket, where users wager on real-world outcomes.…
Global crypto platform Crypto.com has received conditional approval from the Office of the Comptroller of the Currency (OCC) to launch a federally regulated trust bank in the United States. The approval marks a major step in the company’s plan to expand its services for large investors. The approval allows the company to move forward with creating Foris Dax National Trust Bank, which will later operate as Crypto.com National Trust Bank. However, the bank cannot begin full operations yet. It must first meet strict regulatory conditions related to safety, compliance, and risk management. Unlike traditional banks, the trust bank will not…
Solana-based DeFi platform Step Finance has announced it is shutting down after a major hack in January drained up to $40 million from its systems. The company confirmed on February 24 that it will immediately close its main platform, along with SolanaFloor and Remora Markets. The hack happened on January 31, when attackers gained access to devices used by company executives. This allowed them to reach treasury and fee wallets and move large amounts of crypto. Importantly, the breach did not target the platform’s smart contracts but instead exploited compromised internal devices. During the attack, hackers unstaked more than 261,000…
A top Binance whale has jumped into Solana’s Patos ($PATOS) presale, climbing to the second-largest holder. The investor is moving funds from Binance Smart Chain (BSC) using USDT. The wallet, 0x28Bf45C50Aad4a1564d5dFA5f4d693869AA37F4D, has bought Patos tokens seven times since January. It now owns more than 8 million tokens. The whale uses a steady buying strategy, not a single massive purchase, to limit risk. This shows a growing trend of “chain agnostic” investing. Investors don’t care which blockchain the tokens are on—they chase the best opportunities. Patos is attracting attention because it already has 8 centralized exchange listings and 3 decentralized exchange…
Dogecoin is stuck in a deep slump, and new data suggests the pain may not be over. The popular meme coin is now trading at $0.096, down around 80% from its November 2024 peak. The drop mirrors weakness across the wider crypto market. Bitcoin and other major altcoins have also fallen. Meme coins like Shiba Inu and Bonk have followed a similar path. Demand for Dogecoin is clearly fading. Spot Dogecoin ETFs from firms like Grayscale, 21Shares, and BitWise have recorded no inflows since February 3. So far this month, total inflows sit at just $252,000, with combined assets of…
XRP may be preparing for a major move as a bullish Gartley pattern forms near the $1.30 level. This pattern often signals a potential trend reversal and suggests the price could rise if support holds. The cryptocurrency has been trading between resistance near $1.80 and strong support around $1.20 for months. Instead of moving sharply up or down, XRP has stayed inside this range while building a technical structure. Analysts say the current pattern shows XRP reacting strongly at key Fibonacci levels. These reactions are important signs that buyers are defending support and preparing for a possible upward move. The…
Crypto funds have lost billions as investors continue to pull their money out. Digital asset investment products saw $288 million in outflows last week alone. This marks the fifth straight week of withdrawals. According to CoinShares, total outflows have now reached $4 billion during this five-week period. This shows that investor confidence has weakened across the crypto market. The United States led the sell-off. U.S. investors withdrew $347 million from crypto funds. In contrast, Europe and Canada saw small inflows, suggesting some investors there saw lower prices as a buying opportunity. Bitcoin was hit the hardest. Bitcoin funds recorded $215…
Crypto markets are showing signs of panic as fears grow over a possible U.S. strike on Iran. Investors are becoming cautious, and prices are falling across the board. The situation has created uncertainty and fear in the market. The Crypto Fear & Greed Index has dropped to just 5, which signals “Extreme Fear.” This is one of the lowest levels seen in years. Such low readings usually appear during major crashes or market crises. Bitcoin has fallen below important technical levels. The broader crypto market has also lost more than $2.22 trillion in value. This represents a drop of over…