Nasdaq expected to announce MicroStrategy’s inclusion in Nasdaq-100 today
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways MicroStrategy is likely to be included in the Nasdaq-100 index, pending its classification as a technology company. ETFs tracking the Nasdaq-100 may need to buy MicroStrategy shares if included, impacting its stock trading. Share this article Nasdaq is expected to announce its annual reconstitution of the Nasdaq-100 index today, which could result in […]
BiT Global sues Coinbase over unfairly delisting wBTC while allowing PEPE, WIF to trade
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways BiT Global has sued Coinbase for unfairly delisting wBTC to promote its own cbBTC. Coinbase is accused of violating antitrust laws and misleading statements regarding wBTC standards. Share this article BiT Global has initiated a lawsuit against Coinbase, alleging the exchange unfairly delisted wrapped Bitcoin (wBTC) to promote its own competing product, Coinbase […]
VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways VanEck forecasts Bitcoin reaching $180,000 in 2025, with the US potentially adopting it as a strategic reserve. The firm highlights Ethereum, Solana, and Sui as top-performing assets, alongside growth in AI agents, tokenized securities, and stablecoins. Share this article VanEck predicts Bitcoin will soar to $180,000 in 2025, driven by a maturing market […]
Fed signals one more rate cut in December, CME tool shows 96.9% probability
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The Federal Reserve is likely to implement a quarter-point rate cut in December with a 96.9% probability. Bitcoin has remained resilient and maintains trading levels above $100,000 amid monetary policy changes. Share this article The Federal Reserve is expected to implement a quarter-point rate cut at its upcoming December meeting, lowering the benchmark […]
Trump team weighs options to eliminate key financial oversight regulator
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Trump’s team is considering restructuring financial regulatory bodies, potentially eliminating the FDIC. Major changes to federal bank regulators would require congressional approval, which is historically difficult to obtain. Share this article President-elect Donald Trump’s transition team is exploring a major restructuring of financial regulatory agencies, including potentially abolishing the Federal Deposit Insurance Corporation […]
Sui expands its blockchain ecosystem with ESG backed RWA tokenization
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Sui partnered with Ant Digital Technologies to tokenize ESG-backed real-world assets on its blockchain platform. Sui’s integration of real world asset tokenization is expected to expand investor access and drive platform growth. Share this article Sui formed a strategic partnership with Ant Digital Technologies to tokenize ESG-backed real-world assets on its blockchain platform, […]
Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen
Dec 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways A user reported losing $2.5 million in Bitcoin and NFTs due to a security breach on a Ledger Nano S. The incident has raised questions about Ledger’s security practices, prompting community scrutiny. Share this article Ledger’s security practices are under scrutiny after a crypto user reported losing approximately $2.5 million in digital assets […]
CHILLGUY creator Philip Banks’ account possibly compromised, granting IP rights to token team
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Philip Banks’ account may have been compromised after an unexpected tweet announcing IP rights to the ChillGuy token team. ChillGuy token surged by 30% after the tweet, but all gains were erased as speculation over the compromised account grew. Share this article Speculation has emerged that the CHILLGUY creator, Philip Banks, may have […]
Solana outpaces Ethereum in attracting new crypto developers in 2024
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Solana attracted 7,625 new developers in 2024, surpassing Ethereum for the first time since 2016. Asia became the leading continent for blockchain developers, with India contributing 17% of new crypto developers. Share this article Solana became the leading blockchain for new crypto developers in 2024, with an 83% increase, surpassing Ethereum, according to […]
Texas House proposes bill to establish Strategic Bitcoin Reserve
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Texas lawmakers proposed a bill to establish a state Bitcoin reserve for taxes, fees, and donations. The legislation aims to encourage Bitcoin miners to pay taxes using digital assets and hedge against inflation. Share this article Texas lawmakers introduced legislation Thursday to establish a Strategic Bitcoin Reserve that would allow the state to […]