2025
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Bank of America Ready to Issue a Stablecoin If Regulations Allow, Says CEO Brian Moynihan
- February 26, 2025
- Posted by: newworldfinance
- Category: Uncategorized
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TLDR: Bank of America is prepared to launch its own stablecoin, pending regulatory approval. CEO Brian Moynihan sees stablecoins as traditional financial products, comparable to money market funds. If rules are clarified, U.S. banks could aggressively enter the crypto payments space, especially under Trump’s pro-crypto administration.
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Grayscale’s Cardano ETF Under SEC Review – Decision Expected by August 2025
- February 26, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets
TLDR: Grayscale’s Cardano ETF is under SEC review, with a decision expected by August 2025. Polymarket’s approval odds have risen to 62%, increasing investor optimism. If approved, ADA could see institutional demand surge, potentially boosting its price beyond $0.81.
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Strategy (MSTR) Crashes 55%—Is a $44 Billion Bitcoin Liquidation Possible?
- February 26, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets
TLDR: Strategy (MSTR) stock dropped 55%, sparking fears of a $44 billion BTC liquidation. However, analysts argue forced selling is unlikely, as the firm’s 19% leverage ratio is manageable and Michael Saylor controls nearly 47% of voting power.
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Trump’s $5M ‘Gold Card’ Visa Could Help Pay Off U.S. National Debt
- February 26, 2025
- Posted by: newworldfinance
- Category: Finance, Geopolitics
TLDR: Trump’s proposed $5M ‘gold card’ visa would grant wealthy foreigners U.S. residency and citizenship. Economist Peter Schiff claims selling visas could pay off the $36T national debt, though the limited number of wealthy applicants makes this unlikely. Schiff also controversially suggested Americans should be able to sell their passports for $5M.
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Former House Financial Services Chair Patrick McHenry Joins a16z as Senior Advisor
- February 26, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets
TLDR: Former House Financial Services Chair Patrick McHenry has joined a16z as a senior advisor after leading crypto legislation efforts in Congress. His move strengthens a16z’s influence in regulatory discussions, potentially shaping future crypto policies from the private sector’s perspective.
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Bybit Repays Bitget’s 40,000 ETH Loan After $1.4B Hack
- February 25, 2025
- Posted by: newworldfinance
- Category: Uncategorized
TLDR: Bybit swiftly repaid a 40,000 ETH loan (~$104M) from Bitget after suffering a $1.4B hack. The attack, attributed to Lazarus Group, caused panic withdrawals exceeding $5B. Despite the breach, Bybit replenished 88% of stolen funds and remains fully operational, with proof-of-reserves confirming customer funds are backed.
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Trump Announces 25% Tariffs on Canada and Mexico, Trade Tensions Rise
- February 25, 2025
- Posted by: newworldfinance
- Category: Uncategorized
TLDR: President Trump announced 25% tariffs on Canada and Mexico, set to take effect March 4, 2025, after a 30-day delay. The move, aimed at trade imbalances and fentanyl trafficking, could disrupt $900B in trade, raise consumer costs, and trigger inflation, with retaliation from Canada and Mexico likely.
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OKX Exchange Settles with DOJ for $500 Million Over Licensing Violations
- February 25, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets
TLDR: OKX has settled with the DOJ for $500M over licensing violations and illicit transactions. The settlement follows Binance’s $4.3B fine, as regulators tighten oversight on crypto exchanges. Meanwhile, the SEC is easing enforcement actions, closing investigations into Robinhood and Coinbase.
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Robinhood Clears SEC Investigation With No Enforcement Action, Crypto Trading Soars
- February 25, 2025
- Posted by: newworldfinance
- Category: Uncategorized
TLDR: Robinhood avoided SEC enforcement action, securing a regulatory win as crypto trading volume surged 400% to $70B in Q4 2024. With crypto-related revenue up 700%, Robinhood is expanding its crypto services, including Ethereum staking in the EU.
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Sam Bankman-Fried Posts on X for the First Time in Two Years; FTT Token Surges 30%
- February 25, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Cryptocurrency Markets
TLDR: Sam Bankman-Fried posted on X for the first time in two years, commenting on Trump’s government layoffs and comparing them to FTX’s internal failures. FTT token spiked 30%, but quickly retraced. SBF is appealing his case and hoping for a pardon, but Polymarket puts his chances at just 3%.