Category Archive: Cryptocurrency, No picture
Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024
Key Takeaways Grayscale adds new cryptocurrencies like Sui and Bittensor to its top 20 list for Q4 2024. The list highlights themes such as decentralized AI and traditional asset tokenization. Share this article As the year’s final quarter is only four days away, Grayscale Research has revealed its updated list of the top 20 crypto […]
Binance founder CZ could get out of prison today, BOP guidelines suggest
Key Takeaways Changpeng Zhao is expected to be released early due to weekend release policies. Zhao’s release may influence Binance Coin prices and market volatility. Share this article Binance founder and former CEO Changpeng Zhao (CZ) may be released from prison today, September 27, according to Fortune. This contradicts earlier data from the US Federal […]
US Bitcoin ETFs net $365 million in a single day as Bitcoin rallies above $65,000
Key Takeaways US spot Bitcoin ETFs have garnered over $600 million so far this week. ARK Invest’s ARKB led with $114 million in new capital on Thursday. Share this article US investors poured around $365 million into the group of spot Bitcoin ETFs on Thursday, bringing the total net buying to over $600 million so […]
Tornado Cash dev’s bid to dismiss charges falls out, NY judge sets trial on December
Key Takeaways Roman Storm faces up to 45 years if convicted on all charges. Tornado Cash allegedly laundered over $1 billion, including funds from North Korea. Share this article A US federal judge has denied Tornado Cash developer Roman Storm’s attempt to dismiss money laundering and sanctions evasion charges, paving the way for a trial […]
TRON DAO unites with global community at TOKEN2049 Singapore
Key Takeaways TRON DAO emphasized blockchain security at TOKEN2049 as a Title Sponsor. The conference highlighted Asia’s significant role in blockchain innovation. Share this article Geneva, Switzerland – September 26, 2024 – TRON DAO united with the global blockchain community as a Title Sponsor at TOKEN2049 Singapore, the world’s largest Web3 conference, held at the […]
Gensler suggests BNY Mellon’s crypto custody model could expand beyond Bitcoin and Ether ETFs
Key Takeaways Gensler suggests BNY Mellon’s crypto custody model could apply to various digital assets. The crypto custody market is growing rapidly, with banks poised to benefit from secure, regulated services. Share this article In comments to Bloomberg today, SEC Chair Gary Gensler discussed BNY Mellon’s crypto custody structure. He suggested that the model used […]
Gensler’s exchange rule proposal sparks concerns for DeFi and crypto platforms
Key Takeaways Gensler calls for updated exchange rules to cover evolving digital asset platforms. Crypto industry fears SEC’s proposal may burden DeFi platforms with compliance. Share this article In his address today at the US Treasury Market Conference, SEC Chair Gary Gensler reiterated the importance of regulatory changes to the definition of “exchange” and alternative […]
Bitcoin eyes new high as China joins Fed with pandemic-level stimulus
Key Takeaways China’s $140 billion stimulus could drive Bitcoin to surpass $70,000. Bitcoin’s technical breakout suggests a potential rally to new all-time highs. Share this article Bitcoin appears positioned for a potential rally following China’s recent announcement of a pandemic-level stimulus package. This development, alongside recent interest rate cuts by the US Federal Reserve, has […]
Ethena debuts UStb stablecoin backed by BlackRock to complement USDe
Key Takeaways Ethena Labs’ new UStb stablecoin is fully backed by BlackRock’s BUIDL fund. The ENA governance token surged 14% following the UStb announcement. Share this article Ethena Labs, the startup behind the synthetic USDe dollar, has announced a new stablecoin called UStb that will be fully backed by BlackRock’s on-chain BUIDL fund. The move […]
Revolut explores stablecoin launch while Robinhood rules out immediate plans
Key Takeaways Revolut is considering a stablecoin launch but has not made a final decision. Robinhood has no immediate plans to enter the stablecoin market. Share this article Revolut is considering launching its own stablecoin as part of its growing crypto product suite, according to a Bloomberg report. The fintech giant is reportedly evaluating its […]
