Eddie Mitchell

Jan 18, 2025 | ccn.com | Eddie Mitchell

Key TakeawaysTrump’s “Day One” pledges and executive orders are anticipated to cause a pro-crypto domino effect across the domestic industry. Crystal clear regulations are at the top of the crypto community’s wish list for Donald Trump 2025. Energy reforms, Bitcoin mining dominance and a BTC strategic reserve are also anticipated. Donald Trump is set to take office on Jan. 20, 2025.

Jan 17, 2025 | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysThe OTPP is estimated to have over $255 billion in net assets as of 2025. The fund wrote off its $95 million investment into FTX as a tax loss following the exchange’s bankruptcy in November 2022. Plaintiffs argue that the OTPP should have been on “high alert” in 2021 following the $190 million collapse of the Canadian exchange QuadrigaCX.

Jan 17, 2025 | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysPhantom wallet recorded over 120 million token swaps across over 788,000 tokens in 2024. Last year, the wallet recorded over $20 billion in swap volumes and 850 million transactions. Phantom intends to expand into the Sui and Mondo blockchains in 2025. The Solana (SOL) network’s most popular wallet, Phantom, has raised $150 million and reached a multi-billion dollar valuation.

Jan 16, 2025 | ccn.com | Eddie Mitchell

Key TakeawaysOver 1,000 hedge funds, pensions and other financial institutions are invested in Bitcoin directly or through exchange-traded products. Several U.S. state pension funds are adopting BTC to their holdings. Politicians are also proposing to adopt BTC as a strategic reserve asset at the state and national levels. U.S. spot Bitcoin ETFs now command over $113 billion in combined net assets, representing 5.76% of BTC’s market cap.

Jan 16, 2025 | ccn.com | Eddie Mitchell

Key TakeawaysUpbit is South Korea’s largest crypto exchange and the sixth-largest by trading volumes globally. Investigators have discovered 500,000 – 600,000 breaches of customer identification processing. Under South Korean law, a fine of $68,000 per ID violation could be imposed, totaling over $34 billion.