Category Archive: Cryptocurrency, No picture

SEC gives green light to NYSE and CBOE for spot Bitcoin ETF options trading

SEC gives green light to NYSE and CBOE for spot Bitcoin ETF options trading

Key Takeaways SEC’s approval for NYSE and CBOE Bitcoin ETF options could reshape crypto derivatives trading. New position and exercise limits aim to prevent market manipulation in Bitcoin ETF options trading. Share this article The SEC has approved options trading on Bitcoin ETFs listed on both the New York Stock Exchange and the Chicago Board […]
Fed’s Waller says DeFi can improve efficiency in centralized finance

Fed’s Waller says DeFi can improve efficiency in centralized finance

Key Takeaways Christopher Waller discussed the potential for DeFi to complement traditional finance. Waller highlights the benefits and risks associated with stablecoins. Share this article DeFi can be a complement to centralized finance as these technologies can improve efficiency in traditional financial activities, said Fed Governor Christopher Waller at the Vienna Macroeconomics Workshop on Friday. […]
Bitcoin set to hit six figures amid growing whale accumulation and supply constraints: Bitwise CIO

Bitcoin set to hit six figures amid growing whale accumulation and supply constraints: Bitwise CIO

Key Takeaways Bitcoin’s potential to reach six-figure prices is supported by increased whale accumulation and ETF demand, among other factors. Institutional investments in Bitcoin are growing rapidly, with US Bitcoin ETFs logging over $20 billion in less than ten months. Share this article Bitwise CIO Matt Hougan predicts that Bitcoin will reach six-figure prices as […]
Dogecoin soars 10% as Elon Musk unveils D.O.G.E initiative in first campaign swing for Trump

Dogecoin soars 10% as Elon Musk unveils D.O.G.E initiative in first campaign swing for Trump

Key Takeaways Elon Musk’s introduction of D.O.G.E at a Trump rally led to a 10% increase in Dogecoin’s value. Musk’s campaign contributions are seen as a major influence on Dogecoin’s market performance. Share this article Dogecoin was up around 10% after Elon Musk unveiled his “Department of Government Efficiency” (D.O.G.E) during his first campaign swing […]
SEC targets Ripple’s XRP sales on exchanges, distributions of XRP to employees in new filing

SEC targets Ripple’s XRP sales on exchanges, distributions of XRP to employees in new filing

Key Takeaways The SEC’s appeal does not contest XRP’s classification as a non-security but challenges other aspects of the ruling. The appellate court will conduct a de novo review of the SEC’s claims against Ripple’s XRP transactions. Share this article The SEC is appealing the July 2023 ruling that determined Ripple’s XRP sales on digital […]
Moo Deng tops list as normies’ favorite meme coin in street survey

Moo Deng tops list as normies’ favorite meme coin in street survey

Key Takeaways Moo Deng is the most popular meme coin among non-expert crypto participants. Bitcoin’s stability has helped foster a thriving market for meme coins. Share this article Rasmr, a well-known crypto Twitter KOL, recently conducted a survey asking normies—people not deeply involved in crypto or meme coins—which meme coin was their favorite. Since meme coins […]
Sam Altman’s WLD token falls 10% following Worldcoin rebrand

Sam Altman’s WLD token falls 10% following Worldcoin rebrand

Key Takeaways Worldcoin rebrands to ‘World’, token falls by 10%. New World ID 3.0 introduced with advanced privacy features. Share this article Worldcoin, co-founded by Sam Altman, has officially rebranded its network to World in an ambitious move unveiled during a major event held in San Francisco earlier today. Altman and co-founder Alex Blania outlined the […]
Ripple CEO says IPO is not a priority but remains possible amid SEC battle

Ripple CEO says IPO is not a priority but remains possible amid SEC battle

Key Takeaways Ripple CEO states IPO is not a priority due to strong financials and SEC issues. Ripple introduces RLUSD stablecoin to replace USDC and Tether for liquidity. Share this article Ripple CEO Brad Garlinghouse shared insights on the XRP ecosystem’s future, crypto ETF trends, and Ripple’s regulatory challenges in the US during a recent […]
FBI arrests man behind SEC twitter hack posting fake Bitcoin ETF approval

FBI arrests man behind SEC twitter hack posting fake Bitcoin ETF approval

Key Takeaways An Alabama man orchestrated a SIM swap to illegally access and manipulate the SEC’s Twitter account. The fraudulent Bitcoin ETF approval tweet caused a rapid $1,000 increase and subsequent $2,000 decrease in Bitcoin prices. Share this article The Federal Bureau of Investigation (FBI) today announced the arrest of Eric Council Jr., an Alabama […]
Solana gets new meme coin trading terminal with Jupiter’s Ape Pro

Solana gets new meme coin trading terminal with Jupiter’s Ape Pro

Key Takeaways Ape Pro provides advanced trading tools like real-time token streaming and MEV protection. Jupiter’s new platform Ape Pro simplifies access with one-tap social login. Share this article Jupiter, Solana’s leading DEX swap aggregator, has introduced a new meme coin trading platform called Ape Pro.Ape Pro, announced earlier today through Jupiter’s official X account, […]