Category Archive: Cryptocurrency, No picture
ETH/BTC hits lowest point in over 3 years, sliding to 0.03508
Key Takeaways ETH/BTC trading pair has reached its lowest level in over three years, falling to 0.03508. Historical patterns suggest that Ethereum may experience further declines against Bitcoin. Share this article Ethereum’s valuation against Bitcoin (ETH/BTC) has reached a new low of 0.03508, at the time of writing, marking its lowest level since April 2021.ETH/BTC […]
SEC’s Crypto Mom emerges as favorite to replace Gensler under Trump
Key Takeaways Trump plans to dismiss SEC Chair Gensler if elected in 2024, while Hester Peirce has emerged as a potential successor. Peirce has criticized Gensler’s crypto regulation and has support from the industry for her chairmanship. Share this article With the US elections underway, SEC Commissioner Hester Peirce has emerged as a potential successor […]
Swift, Chainlink and UBS pilot brings tokenized assets to traditional finance systems
Key Takeaways Swift, UBS, and Chainlink completed a pilot for fiat settlement of tokenized fund transactions across Swift’s network. The initiative aims to improve efficiency in the $63 trillion global mutual fund market by integrating blockchain technology with existing systems. Share this article Swift, UBS Asset Management, and Chainlink have completed a pilot project enabling […]
Bitcoin ETFs bleed $541 million, second-largest single-day outflow since launch
Key Takeaways US spot Bitcoin ETFs saw one of their largest single-day outflows on November 4. Bitcoin’s price fell below $70,000 coinciding with massive ETF outflows. Share this article US spot Bitcoin ETFs suffered their second-largest single-day outflow since launch, with investors withdrawing $541 million on November 4, according to data from Farside Investors.The selloff […]
Robinhood and Kraken launch new global stablecoin network with Paxos’s USDG
Key Takeaways The Global Dollar Network promotes stablecoin adoption using Paxos’s USDG. Robinhood, Kraken, and other major players collaborate on cross-border stablecoin solutions. Share this article Leading fintech and digital asset firms have launched the Global Dollar Network, an open network focused on promoting stablecoin adoption and advancing its real-world applications, according to a press […]
First UK pension fund invests 3% of assets to Bitcoin
Key Takeaways A UK pension fund has invested 3% of its assets in Bitcoin, becoming the first British scheme to do so. The Bitcoin investment aims to offer diversification and tap into a unique asymmetric risk-return profile. Share this article An undisclosed UK pension fund has invested 3% of its total assets in Bitcoin, marking […]
a16z crypto backs Fairshake PACs with $23 million for pro-crypto policy in 2026 midterms
Key Takeaways Andreessen Horowitz is donating over $23 million to Fairshake for the 2026 election cycle. A16z advocates for comprehensive market structure legislation and stablecoin laws. Share this article Andreessen Horowitz (a16z) has committed over $23 million to Fairshake and its affiliated PACs for the 2026 midterm elections, aiming to drive progress on crypto regulation […]
Justin Sun, Andre Cronje claim Binance charges zero listing fees while Coinbase demands millions
Key Takeaways Justin Sun and Andre Cronje claim Binance charges no listing fees while Coinbase demands up to $300 million. According to Moonrock Capital CEO, Binance requests a significant portion of a project’s total token supply as a fee for listing. Share this article Tron founder Justin Sun and Fantom Network founder Andre Cronje asserted […]
Europe’s largest telecom provider to pilot Bitcoin mining using surplus renewable energy
Key Takeaways Deutsche Telekom’s subsidiary and Bankhaus Metzler are launching a Bitcoin mining project in Germany using surplus renewable energy. The project tests Bitcoin miners’ ability to stabilize the energy grid and supports the growing trend of using blockchain technology in non-financial sectors. Share this article MMS, a subsidiary of Deutsche Telekom, Europe’s largest telecommunications […]
Arthur Hayes says Solana is a high-beta Bitcoin amid US elections
Key Takeaways Hayes suggests Solana could be a strong play amid election volatility, potentially outperforming Bitcoin in bullish trends. The Federal Reserve’s monetary policy is expected to have a more significant impact on digital assets than the US election outcomes. Share this article Arthur Hayes, co-founder of BitMEX and CIO at Maelstrom, favors Solana ahead […]
