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Altcoins Dogecoin ($DOGE)

$DOGE Sees Nearly 75,000 New Wallets in One Week, Fueling 140% Price Surge

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price surge more than 140% over the past week to trade above the $0.4 mark amid a wider cryptocurrency market rally. The price rise, according to on-chain analytics firm Santiment, came with a growing number of users on the cryptocurrency’s network, with 74,885 new wallets holding less […]
Altcoins XRP XRP Ledger

Ripple’s Upcoming XRPL-Powered Stablecoin RLUSD Gains Momentum with Early Customer Interest

Ripple’s President Monica Long has announced that the company’s forthcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments ahead of its official launch. Speaking at the Singapore Fintech Festival in an interview with CNBC, Long highlighted the burgeoning market for stablecoins, emphasizing their potential to revolutionize the payments industry. Long told […]
Altcoins Dogecoin ($DOGE)

$DOGE Defies Gravity: Meme Coin Jumps 140%, Analyst Predicts Price Could Skyrocket to $23

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price skyrocket amid a wider cryptocurrency market rally, and is now trading above the $0.40 mark after rising more than 140% in the last seven days. To a popular cryptocurrency analyst, however, DOGE’s price rise may only be the beginning of a larger upward movement that could […]
Bitcoin ($BTC) Stablecoins

Massive Stablecoin Inflows to Binance and Coinbase Hint at Bullish Market Rally After Trump Victory

Two leading cryptocurrency exchanges, Binance and Coinbase, saw a whopping $9.3 billion worth of stablecoin inflows on the Ethereum network after Republican candidate Donald Trump won the U.S. presidential election. According to analysis from on-chain analytics firm CryptoQuant, out of the $9.3 billion worth of ERC-20 stablecoins deposited not these exchanges, $4.3 billion flowed to […]
Altcoins Aptos ($APT)

Bybit and Aptos Launch Airdrop Ahead of Massive APT Token Unlock

The second-largest cryptocurrency exchange by trading volume Bybit, has partnered with Aptos, a high-performance Layer-1 blockchain, to launch an exclusive airdrop for Web3 creators and enthusiasts. The airdrop, hosted on Bybit’s Airdrop Arcade, offers 18,000 APT tokens up for grabs in an initiative that aligns with Bybit’s commitment to fostering innovation and empowering the Web3 […]
Bitcoin ($BTC)

Bitcoin Transfers Worth $2.19 Billion Linked to Mt. Gox Raise Market Jitters

Wallets associated with the now-defunct cryptocurrency exchange Mt. Gox have nived around $2.19 billion worth of the flagship cryptocurrency in a move that could bring relief to more of its thousands of creditors. According to on-chain cryptocurrency analysis firm Spot On Chain, Mt. Gox moved 31,371 BTC worth around $2.19 billion to three new cryptocurrency […]
Markets

Polymarket Reportedly Paid US Content Creators for Election Content Ahead of Trump v. Harris Showdown

Popular predictions market Polymarket has reportedly been paying social media influencers based in the United States to promote election-related content ahead of the upcoming 2024 US Presidential elections. According to a Bloomberg report, in September Polymarket’s senior director of Growth Armand Saramout created a sponsorship deal with US influencers, and over the past few weeks […]
Tether

Tether Reports $2.4 Billion Q3 Profits on Treasuries and Gold Gains, Sees Global USDT Growth

Tether Holdings Limited (BVI), the issuer of the stablecoin USDT, has announced strong Q3 2024 financial results, driven by a combination of investment gains and rising demand for its digital dollar. Tether CEO Paolo Ardoino shared details of the quarter on the social media platform X on October 31, emphasizing the company’s diverse revenue sources, […]
Bitcoin ($BTC)

Bitcoin Sees Growing Institutional Demand Amid Surge Past $70,000 Mark: Analyst

The price of the flagship cryptocurrency Bitcoin ($BTC) topped the $73,000 mark over this week and nearly hit its previous all-time high before enduring a significant correction, seemingly as institutional demand for BTC in custodial wallets has kept on rising. According to data shared by the CEO of on-chain analytics firm CryptoQuant, over the past […]
Altcoins Ethereum ($ETH) Solana ($SOL)

Solana’s TVL Surges Amid $2.36 Billion Inflows from Ethereum, but ETH Recovers Nearly Half

High-performance blockchain Solana (SOL) has garnered attention for significant inflows from other blockchains, with its total value locked (TVL) surging as a result of these inflows. An examination of the data, however, shows a more nuanced picture, with Ethereum (ETH) recovering 42% of Solana’s inflows. According to data from Artemis Labs shared by DeFi Report […]
Altcoins Solana ($SOL)

Crypto Whales Amass Over 200,000 SOL as Solana Eyes Breakthrough to Top 4 Cryptos

As the price of the native token of smart contract platform Solana, SOL, keeps on rising, various cryptocurrency whales have started amassing it, with whales adding over 200,000 SOL worth around $35 million to their wallets. According to data shared by on-chain analysis service Lookonchain, three different cryptocurrency whales added over $35 million worth of […]
Coinbase

Coinbase Revenue Set to Double in Q3, But Retail Traders Still Reluctant to Re-engage

A projected surge in revenue for the third quarter may not be enough to buoy Coinbase, as investor wariness lingers around the cryptocurrency exchange giant over retail trader wariness of the cryptospace. The company, according to a Bloomberg report, is expected to see revenue double for the second consecutive quarter and return to profitability when […]
US stock market

Nasdaq Hits New Record High as Middle East Tensions Ease and Tech Stock Optimism Grows

The Nasdaq Composite hit a fresh record high on 29 October 2024, buoyed by optimism around major tech earnings and an easing of tensions in the Middle East. The tech-centric Nasdaq gained 0.7%, crossing the 18,700 mark, with the S&P 500 up 0.2%. Meanwhile, the Dow Jones Industrial Average lagged, dipping by 75 points or […]
Altcoins Ethereum ($ETH)

Ethereum Supply on Exchanges Falls by $750 Million—Implications for ETH’s Price Outlook

The amount of Ethereum (ETH) being held on cryptocurrency exchanges has recently plunged by around $750 million after massive withdrawals of the second-largest cryptocurrency by market capitalization from these platforms. According to on-chain data from on-chain analysis firm CryptoQuant shared by popular cryptocurrency analyst Ali Martinez, 300,000 ETH tokens worth approximately $750 million were withdrawn […]
Altcoins

Investor Turns $3,500 in SOL Into $3.2 Million with Bold Bet on AI Trading Token

A cryptocurrency investor has managed to turn 20 Solana (SOL) worth around $3,500 into over $3.2 million in just two days by betting on a token linked to a decentralized artificial intelligence (AI) trading fund ai16z. The fund functions as an “AI investment DAO” (decentralized autonomous organizations), whose primary goal is to leverage AI agents […]
Tether

Wall Street Journal Alleges Tether Faces Federal Scrutiny; Tether CEO Dismisses Claims as ‘Old Noise’

U.S. authorities are scrutinizing Tether for potential breaches of anti-money-laundering laws and sanctions, according to sources cited by The Wall Street Journal (WSJ) in a report written by Angus Berwick, Vivian Salama, and Ben Foldy and published earlier today. The WSJ says that sources familiar with the matter told them the probe, which is apparently […]
Altcoins Ethereum ($ETH)

Massive Ethereum ICO Participant Cashes Out 3,000 ETH, Still Holds $93.8 Million in Crypto

A massive Ethereum initial coin offering (ICO) participant that received an astounding 254,908 ETH during the cryptocurrency’s launch for a total cost of $79,000, has recently sold 3,000 ETH worth around $7.64 million. The massive Ethereum whale’s total ICO investment exploded from $79,000 into over $645 million, and the whale has over time kept on […]
Altcoins Memecoins

$454,000 Loss: Trader’s High-Stakes Memecoin Bet Ends in Disaster

A cryptocurrency trader’s high-stakes gamble on a newly minted meme coin, ANT, has ended in a spectacular failure, with the investor losing around $454,000 in less than an hour as a result of their massive bet. The investor spent 3,396 Solana (SOL) worth $587,000 to buy 14.7 million ANT tokens in a single transactions, but […]
Bitcoin ($BTC)

Bitcoin Whale Entities Surge to Highest Level Since 2021 as Accumulation Intensifies

The total number of Bitcoin (BTC) whale entities has recently hit its highest level since January 2021, with data from on-chain analytics firm Glassnode showing there are 1,678 BTC whales. The data suggests that large cryptocurrency investors have been accumulating, to the point that those who have over 1,000 BTC in their wallets, equivalent to […]
Cryptocurrency Regulation

Consensys Urges Clear Crypto Regulations in Open Letter to Future U.S. President

On October 23, Consensys, a leading company in the blockchain and Web3 industry, made a strong appeal for clearer digital asset regulations in the United States. This comes amid its ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC), which Consensys accuses of regulatory overreach that hampers innovation. Clarissa Watson, the firm’s Editorial Lead, […]

Massive DOGE Rally Incoming? Analyst Forecasts Parabolic 5,220% Surge

A popular cryptocurrency analyst has recently suggested that the price of the meme-inspired cryptocurrency Dogecoin ($DOGE) could see a massive price increase in the near future, based on historical data. The pseudonymous analyst going by Zer0 on the microblogging platform X (formerly known as Twitter) noted that DOGE looks “ready” to see a 5,220% price […]

Bullish Signal Emerges: Bitcoin’s MACD Flash Could Trigger Vertical Surge, Analyst Suggests

A prominent cryptocurrency analyst has recently suggested that the price of the flagship cryptocurrency Bitcoin ($BTC) could soon start surging as a key technical indicator has now flashed a bullish signal for the first time in a year. In a post on the microblogging platform X, cryptocurrency analyst CryptoBullet ignited optimism among Bitcoin investors with […]

Ethereum (ETH) Price Could Skyrocket to $10,000, Analyst Predicts Based on Techincal Patterns

Ethereum’s price could be poised for a historic rally, according to cryptocurrency analysts who, using technical analysis, pointed to a rise to as much as $10,000 per ETH, up from the cryptocurrency’s current $2,570 price tag. In a post on the microblogging platform X (formerly known as Twitter) to their over 60,000 followers, analyst Trader […]

Crypto Advocate John Deaton Slams Senator Elizabeth Warren; Ripple CEO Backs His Senate Run

John Deaton is a prominent American lawyer and vocal advocate within the cryptocurrency sector. He gained considerable attention for his legal work supporting XRP holders during the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs, the company behind XRP. Recently, Deaton entered the political arena, running as a Republican candidate for the U.S. […]

Binance Exec Released After Nigerian Government Drops Money Laundering Charges

According to reports by Bloomberg and Reuters, the Nigerian government has dropped money laundering charges against Tigran Gambaryan, an executive at Binance Holdings Ltd., who had been detained since February. Gambaryan, who serves as Binance’s head of financial crime compliance, was released to seek medical treatment abroad after the charges were dropped due to his […]

Dogecoin Poised for Major Breakout, Predicts Analyst Who Called Bitcoin’s 2021 Crash

A prominent cryptocurrency analyst who accurately predicted the collapse of Bitcoin in May 2021 is now making a bold call on the meme-inspired cryptocurrency Dogecoin, pointing to a potential substantial price increase as it breaks through a key resistance level. The pseudonymous trader Dave the Wave, who boasts a massive following of 146,500 on the […]

Bitcoin Accumulation Addresses Now Hold $194 Billion in BTC as Long-Term Investors Stack Sats at Unprecedented Pace

A number of Bitcoin addresses that have “never had a Bitcoin outflow” are currently accumulating the flagship cryptocurrency at an unprecedented pace, to the point they are now holding 2.9 million BTC, worth around $194 billion at the time of writing. In a newly published report, CryptoQuant analyst Burak Kesmeci noted that the total amount […]

Trader Turns $296 Into $620,000 in Four Hours with Memecoin Windfall

A cryptocurrency trader who had been meticulously tracking and investing in memecoins has hit a jackpot, turning a modest initial investment of $296 into a staggering $620,000 in just four hours with a newly launched cryptocurrency. The trader’s lucky break came with the newly minted SLOP memecoin, as according to on-chain analytics platform Lookonchain, the […]

BRICS Summit Could Usher in $150K Gold Era: Andy Schectman on Potential Global Currency Reset

Andy Schectman, the President and Owner of Miles Franklin Precious Metals, recently discussed with Kitco News’ Michelle Makori the potential for a major global financial reset that could see the revaluation of gold to $150,000 an ounce. According to Schectman, this reset could be driven by the upcoming 16th BRICS summit in Kazan, Russia, where […]

U.S. Treasury Leverages AI to Combat Financial Fraud, Recovers $4 Billion

The U.S. Treasury Department announced a significant breakthrough in its fight against financial fraud, revealing that artificial intelligence has helped recover a staggering $4 billion in “fraud and improper payments” during the 2024 fiscal year. The figure represents a substantial increase from the previous year, when AI-powered systems recovered $652.7 million in fraudulent funds, according […]

Trump Family Set to Take 75% of Revenue from World Liberty Financial ($WLFI)

According to a report by MacKenzie Sigalos for CNBC, Donald Trump’s crypto venture, World Liberty Financial (WLF), published a “gold paper” on Thursday outlining its mission and how $WLFI tokens would be allocated, including significant financial benefits for the Trump family. The document reveals that Trump and his family could receive up to 75% of […]

PayPal’s PYUSD Market Cap Plummets by $400 Billion Amid Yield Declines

PayPal’s stablecoin, PYUSD, has experienced a dramatic decline in market capitalization over the past six weeks, going from over $1 billion to around $610 billion at the time of writing. Once a top four stablecoin, PYUSD’s value has plummeted from its August peak, suggesting a significant loss of investor confidence. The decline has been attributed […]

Crypto Exchange Kraken Introduces Ethereum ($ETH) Restaking via EigenLayer

Popular cryptocurrency exchange Kraken has announced it’s introducing Ethereum restaking via EigenLayer, allowing users who have already staked their ETH to leverage it through its smart contracts. The new feature could allow ETH token holders to potentially earn additional staking rewards by using their staked ETH – Ether that’s already being staked to help secure […]

Massive Crypto Whale With ‘100% Win Rate’ Adds 101 Billion PEPE Tokens After Four-Month Hiatus

A massive cryptocurrency whale that allegedly has a “100% win rate” has recently increased its position on the popular meme-inspired cryptocurrency $PEPE after a four-month hiatus, adding 101.7 billion tokens to their war stash in a withdrawal from leading exchange Binance. According to data shared on the microblogging platform X (formerly Twitter) by a cryptocurrency […]

Solana Memecoin Mania: Trader Turns $700 Into $2.4 Million in Four Days

A cryptocurrency trader on the Solana network has managed to achieve a staggering 3,329-fold return in four days through a little-known meme-inspired cryptocurrency, turning $727 into more than $2.4 million. According to data shared by on-chain monitoring services Lookonchain, the cryptocurrency trader spent 5 Solana (SOL) tokens to buy 15.15 million $GOAT four days ago, […]

Key Technical Indicator Suggests Bitcoin Price Could Skyrocket to $233,000 by Early 2025

A cryptocurrency analyst has recently predicted that Bitcoin’s price could surge to a staggering $233,000 by the first quarter of 2025, based on a key technical indicator that BTC’s current consolidation phase could lead to a massive price increase. In a post shared on the microblogging platform X (formerly known as Twitter), cryptocurrency analyst Bitcoindata21 […]

Crypto Investor Who Netted $920,000 Betting on Iggy Azalea’s $MOTHER Token Builds up New Position

A cryptocurrency investor who managed to make a whopping $920,000 profit while betting on Iggy Azalea’s $MOTHER meme-inspired cryptocurrency is now betting on a new memecoin $RETARDIO. The crypto investor’s movements were first spotted by a cryptocurrency analyst on the microblogging platform X (formerly known as Twitter), who noted that the investors has, over a […]

Monochrome Asset Management Debuts Australia’s First Spot Ether ETF, Raising $176K on Day One

Monochrome Asset Management has made history by launching Australia’s first exchange-traded fund (ETF) that directly holds Ether (ETH), according to a report by Martin Young for Cointelegraph. This new fund, called the Monochrome Ethereum ETF (IETH), debuted on 15 October 2024 on the Cboe Australia equities exchange. As of 2:00 p.m. local time on launch […]

Tether Eyes Commodities Lending as it Looks to Deploy Billions in Profits from $USDT: Bloomberg

Tether Holdings Ltd, the company behind the world’s largest stablecoin, USDT, is expanding its horizons by exploring lending opportunities in the commodities trading sector. According to a report for Bloomberg News by Archie Hunter and Olga Kharif, the firm has been in talks with several commodities trading companies, considering US dollar lending as a new avenue to […]

Holders HODLing: Bitcoin Exchange Reserves Hit New Low as Long-Term BTC Accumulation Grows

The price of Bitcoin has recently started surging, moving up more than 4.9% over the last 24-hour period to surpass the $65,000 mark and near $66,000 at the time of writing, with the price rise coming after positive on-chain indicators suggest supply is decreasing. According to data from on-chain analytics firm CryptoQuant, shared on the […]

Mt. Gox Creditors Hit by Another Delay as Repayments Deadline Pushed to 2025

The trustee overseeing Mt. Gox’s assets has announced another delay in distributing the remaining funds to creditors, pushing the deadline by one year to 31 October 2025, according to a report by Krisztian Sandor for CoinDesk. This follows the initial repayments that started in July 2024.  Mt. Gox, once the world’s largest cryptocurrency exchange, collapsed […]

U.S. Presidential Election 2024: How Trump vs Harris Could Impact Bitcoin’s Future

In a blog post published on October 11, André Dragosch, European Head of Research at Bitwise Asset Management, explored the potential implications of the 2024 U.S. presidential election on the crypto markets. With U.S. voters set to elect a new president on November 5, investors are keenly focused on how the outcome could impact the […]

Ripple Co-Founder Chris Larsen Donates $1 Million in XRP to Kamala Harris’ 2024 Campaign via PAC

The co-founder of fintech giant Ripple, Chris Larsen, has made the first documented cryptocurrency donation to U.S. Presidential candidate and current Vice President Kamala Harris, sending $1 million worth of XRP to a Political Action Committee (PAC) supporting her. According to Fox Business journalist Eleanor Terrett, the donation was made to one of the leading […]

Bitcoin Whales Redistribute 30,000 BTC Worth $1.8 Billion in Major Sell-Off

Over the past three days large Bitcoin holders, colloquially referred to as whales, have “sold or redistributed” around 30,000 BTC, the equivalent to more than $1.8 billion worth of the flagship cryptocurrency. That’s according to data from on-chain analytics firm Santiment first shared by popular cryptocurrency analyst Ali Matinez, who shared the data with his […]

Bitcoin Set for Explosive Bull Run After Potential Dip Below $50,000, Analyst Suggests

The price of the Bitcoin could soon go “full bull” in a renewed rise that could see the cryptocurrency surpass the $80,000 mark, but before that occurs capitulation could be coming in a move that would take BTC below the $50,000 mark. According to popular cryptocurrency analyst Cole Garner, on-chain liquidity is now tightening in […]

Massive Market Meltdown Could Be Looming for Tech Stocks, Warns Former Hedge Fund Manager Hugh Hendry

On 8 October 2024, famed global macro hedge fund manager Hugh Hendry posted a thought-provoking message on the social media platform X, discussing Bitcoin’s place in the broader financial landscape and warning of potential dangers in traditional financial markets. Hendry’s commentary compared Bitcoin’s market capitalization to that of major tech stocks, highlighting the potential instability […]

Trader Turns $150 Into Nearly $500K with Bold Bet on Meme-Inspired Cryptocurrency

A cryptocurrency trader has managed to turn $150 in cryptocurrency into nearly half a million dollars by trading a meme-inspired cryptocurrency trading under the $LOCKIN ticker that has captivated the cryptocurrency community. The trader has meticulously documented their journey on the popular microblogging platform X (formerly known as Twitter). It started off with 1 SOL […]

HBO Documentary Suggests Bitcoin Creator Satoshi Nakamoto May Be Peter Todd

According to a report by Olga Kharif for Bloomberg, a new HBO documentary, “Money Electric: The Bitcoin Mystery,” explores the origins of Bitcoin and suggests that Canadian software developer Peter Todd might be the mysterious Satoshi Nakamoto. Released on Tuesday, the 100-minute film features interviews with several prominent early Bitcoin figures, including Adam Back, Roger […]

Looming Crisis? Buffet Indicator Nears 200% After Surpassing Dot-Com Bubble, Global Financial Crisis Levels

As the stock market appears to be “unstoppable,” with the S&P 500 index recording its “biggest gain since 1997” amid rising geopolitical tensions and growing concerns of a potential financial crisis, a metric favored by the Oracle of Omaha Warren Buffet has hit an new high above its levels in the dot-com bubble and the […]

Solana ($SOL) Could Outperform Ethereum and Bitcoin if Trump Wins in 2025, Says Standard Chartered Analyst

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana’s price under a Trump presidency. However, Kendrick still forecasts […]

JPMorgan CEO Jamie Dimon Warns: AI Will Displace Jobs, Global Tensions Are Growing, and Inflation Risks Are Rising

Earlier today, Jamie Dimon, CEO of JPMorgan Chase, shared his thoughts on artificial intelligence (AI), the state of Initial Public Offerings (IPOs), and Federal Reserve policies during an interview with Bloomberg’s Lisa Abramowicz at the JPMorgan Tech Stars Conference in London. Dimon, known for his candid views on global markets, provided a deep dive into […]

Middle East Conflict Threatens Global Oil Supply and Economic Stability

As tensions rise in the Middle East, growing concerns are emerging about the potential economic consequences, particularly the risk of a major disruption to the global oil supply, reports Peter S. Goodman in an article for The New York Times (NYT). Israel is preparing its response to last week’s missile strikes from Iran, and the […]

Hong Kong’s SFC Set to Approve More Crypto Exchanges by Year-End

The Hong Kong Securities and Futures Commission (SFC) is set to approve additional cryptocurrency exchanges by the end of 2024, according to its CEO, Julia Leung. Per a report by Callan Quinn for CoinDesk, Leung shared the update on October 6, stating that 11 platforms currently undergoing on-site reviews are expected to make further progress […]

FTX Customers to Receive Full Repayment After Court Clears $16.5B Plan

FTX has received court approval to repay customers whose digital assets were trapped on the platform after its collapse nearly two years ago, according to a report by Steven Church and Jonathan Randles for Bloomberg. The approval comes from U.S. Bankruptcy Judge John Dorsey, who signed off on a plan allowing FTX to compensate customers affected by […]

Trump’s Economic Plans Could Add $15 Trillion to U.S. Debt, Studies Warn: Report

A pair of recent studies suggest that former President Donald Trump’s economic proposals may dramatically raise the U.S. debt and lead to higher costs for most Americans, according to a report by Andrew Duehren and Alan Rappeport for The New York Times (NYT). The Committee for a Responsible Federal Budget (CRFB) estimates that Trump’s plans […]

Bitcoin Dominates 2024 Despite $12B Sell-Off: NYDIG Predicts Bigger Gains Ahead

According to a recent research note by Greg Cipolaro, Global Head of Research at NYDIG, Bitcoin posted a modest 2.5% gain in the third quarter of 2024, bouncing back after a decline in Q2. Despite this, Cipolaro notes that the cryptocurrency’s trading has remained largely rangebound, fluctuating between $70,000 and $54,000 for most of the […]

Is China’s Stock Market Pulling Investors Away from Cryptocurrencies?

According to a report by Muyao Shen for Bloomberg, some Chinese investors appear to be moving away from cryptocurrencies and back into the nation’s stock market, which has recently surged due to central bank measures. Although crypto trading was officially banned in 2021, Bloomberg reports that many mainland residents have continued to access overseas accounts […]

Coinbase Pushes for Interlocutory Appeal in U.S. SEC Lawsuit Amid Ripple Case Developments

Coinbase is urging the court to grant an interlocutory appeal in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), following a similar appeal recently filed by the agency in its case against Ripple, according to a report by Zack Abrams for The Block. The crypto exchange has requested that Judge Katherine […]

Bitwise to Convert Three Crypto Futures ETFs to New Rotation Strategies in December

Bitwise Asset Management announced on Friday plans to convert its three crypto futures ETFs from long-only strategies to a dynamic rotation strategy that balances exposure between cryptocurrencies and U.S. Treasuries based on market trends. The conversion is expected to occur on or around 3 December 2024. According to the press release issued by Bitwise on […]

Coinbase to De-list Unauthorized Stablecoins in the EU by Year-End

Coinbase, one of the largest cryptocurrency exchanges, has announced its decision to de-list unauthorized stablecoins across the European Union by 30 December 2024 to comply with the EU’s Markets in Crypto Assets (MiCA) regulations. These rules require stablecoin issuers to hold an e-money license in at least one of the 27 EU member states to […]

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