Bitcoin gears up for ‘transition phase’ as parabolic rise looms, trader highlights
Sep 23, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin has risen 6% following the Fed’s 50 basis point interest rate cut. Traders anticipate a potential parabolic rise for Bitcoin as it enters a “transitional phase”. Share this article Bitcoin (BTC) is up 6% since the Fed made a 50 basis point cut in the US interest rate. According to the trader […]
How to choose the best white label provider for your crypto exchange
Sep 23, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article How to choose the best white label provider for your crypto exchangeThe crypto market made an aggressive resurgence in 2024, and looking forward in 2025, it’s clear that launching a cryptocurrency exchange remains a promising venture. White label solutions offer a quick path to market without the complexities of building from scratch. […]
Crypto products see $321 million in inflows, Ethereum funds lag
Sep 23, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Digital asset investment products saw $321 million inflows following Fed’s dovish stance. Ethereum experienced its fifth consecutive week of outflows, totaling $29 million. Share this article Crypto products saw $321 million in inflows last week, except Ethereum (ETH) funds, which registered $28.5 million in negative net flows.As reported by CoinShares, this disconnect between […]
Kamala Harris promises to boost crypto, AI growth and protect investors as president
Sep 23, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Kamala Harris publicly supports AI and crypto for the first time in her campaign. Harris plans to create a stable business environment with clear regulations. Share this article Kamala Harris promised on Sunday that her White House would be committed to fostering the growth of digital assets and artificial intelligence (AI) if she […]
Trump debuts exclusive silver coin—designed by Trump, minted in America
Sep 21, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The Trump commemorative coin is designed by Donald Trump and is not intended for investment purposes. The coin features high-quality silver with a proof finish and comes with a certificate of authenticity. Share this article Former US President Donald Trump has announced the launch of his first officially authorized commemorative silver coin, named […]
Coinbase confirms plans to bring cbBTC to Solana
Sep 21, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Coinbase’s cbBTC, backed 1:1 by Bitcoin, expands to Solana to access DeFi platforms. Solana’s fast transactions and low fees could attract more Bitcoin holders through cbBTC. Share this article Coinbase has confirmed plans to expand its wrapped Bitcoin token cbBTC to the Solana blockchain. This move follows the successful launch of cbBTC on […]
SEC approves options trading on BlackRock’s spot Bitcoin ETF
Sep 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The SEC approved options trading for BlackRock’s Bitcoin ETF with strict oversight. SEC sets 25,000 contract cap on BlackRock’s Bitcoin ETF options. Share this article The US Securities and Exchange Commission (SEC) has approved options trading on BlackRock’s iShares Bitcoin Trust (IBIT), according to a filing published today. With IBIT options approved, investors now […]
BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets
Sep 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways BNY Mellon received a variance from SEC’s SAB 121 for crypto custody. BNY Mellon’s crypto custody plans signal major institutional shift. Share this article BNY Mellon, America’s largest custodian bank, appears to have received SEC approval to offer institutional crypto custody services, according to testimony at a Wyoming public hearing.Testimony from Chris Land, […]
Crypto scammer hit with $36 million fine by CFTC for fraud
Sep 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways William Koo Ichioka defrauded investors of millions in a forex and crypto scheme. Scam involved years of falsified financial documents and misleading promises. Share this article A federal judge has ordered William Koo Ichioka, to pay over $36 million in restitution and fines for his involvement in a fraudulent forex and digital asset […]
Fidelity adds 5K Bitcoin in the past week, now holds nearly 1% of all BTC
Sep 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Fidelity now holds over 176,000 BTC, ranking as the third-largest institution offering Bitcoin ETFs. The recent acquisition is valued at around $3 billion. Share this article Fidelity has been quietly accumulating Bitcoin over the past week, purchasing more than 5,000 BTC, according to data from Arkham Intelligence. This strategic acquisition brings the Fidelity […]