Tether to unveil new tech solution for European market amid Coinbase delisting rumors
Oct 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Tether is developing a technology solution tailored for the European market. The new tech aims to address challenges posed by the MiCA regulatory framework. Share this article Tether is set to introduce a new technology solution specifically designed for the European market in a bid to adapt to the evolving regulatory landscape in […]
Bitwise files for Bitcoin and Treasuries rotation ETF
Oct 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitwise’s new ETF strategies will rotate between crypto and US Treasuries based on market trends. The Trendwise strategies use a proprietary signal based on the 10- and 20-day EMA of crypto assets. Share this article Bitwise Asset Management announced today it filed to convert its Bitcoin and Ethereum futures ETFs into trend-following strategies […]
Polymarket bettors favor Len Sassaman as Satoshi in HBO documentary
Oct 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways HBO’s latest documentary could link Len Sassaman to Bitcoin’s creation, Polymarket traders believe. Polymarket shows mixed bettor confidence on Satoshi’s definitive identity reveal. Share this article Bettors on Polymarket favor Len Sassaman over Hal Finney as the potential Satoshi in HBO’s upcoming documentary. Sassaman currently leads the poll with a 49% chance while […]
SEC and DOJ back Nvidia investor lawsuit over alleged crypto sales misrepresentation
Oct 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Nvidia’s alleged misrepresentation of sales to crypto miners led to a class action lawsuit. The DOJ and SEC support the lawsuit’s revival, emphasizing the role of private actions in securities regulation. Share this article The US Department of Justice and Securities and Exchange Commission have voiced support for reviving a class action lawsuit […]
FTX and 3AC would still be in business if Gensler took right approach, says Mark Cuban
Oct 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Mark Cuban said the SEC Chair’s regulatory approach contributed to the collapse of FTX and Three Arrows Capital. Cuban supports pro-crypto Senate candidate John Deaton, who is running against Elizabeth Warren. Share this article If Gary Gensler had adopted the right regulatory approach, he could have saved FTX and Three Arrows Capital (3AC) […]
Tron emerges as stablecoin powerhouse, outpaces Bitcoin, Ethereum, and Solana with $566 million in Q3 revenue
Oct 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Tron’s Q3 revenue of $566 million exceeds that of Bitcoin, Ethereum, and Solana. Stablecoin transactions and memecoin activities significantly contribute to Tron’s revenue. Share this article Tron’s stablecoin ecosystem has propelled the network to new heights, generating $566 million in revenue during Q3 2023 and securing its position as a major player in […]
BlackRock sees Bitcoin volatility continuing to fall
Oct 03, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways BlackRock data shows Bitcoin allocations in portfolios can significantly outperform traditional investments. Bitcoin’s role as a hedge against fiat currency decline is emphasized by BlackRock. Share this article At the Digital Assets Conference held today, BlackRock unveiled its latest insights on Bitcoin’s volatility and future performance, stating that Bitcoin’s volatility has significantly decreased […]
HBO documentary to uncover Bitcoin’s creator Satoshi Nakamoto next week
Oct 03, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways HBO documentary set to reveal Satoshi Nakamoto’s identity on October 8. The identity reveal could influence the US presidential election. Share this article A new HBO documentary set to air next week claims to have uncovered the true identity of Bitcoin’s elusive creator, Satoshi Nakamoto, according to Politico. Titled Money Electric: The Bitcoin Mystery, […]
Ripple and Mercado Bitcoin initiate cross-border payment service in Brazil
Oct 03, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Ripple and Mercado Bitcoin’s new system targets initial transactions between Brazil and Portugal. The partnership marks Ripple’s continued expansion in Latin America. Share this article Ripple has partnered with Mercado Bitcoin, one of Latin America’s largest crypto exchanges, to launch a new crypto-enabled cross-border payments solution in Brazil. This partnership will enable businesses to […]
Iran-Israel crisis could drive investors with ‘debasement trade’ favoring Bitcoin and gold — JPMorgan
Oct 03, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Gold prices have surged past expectations due to a weakening dollar and falling Treasury yields. Bitcoin is expected to follow gold’s price trend despite a current negative correlation. Share this article Rising geopolitical risks and the upcoming US presidential election are pushing investors towards traditional safe-haven assets like gold, while Bitcoin faces selling […]