Bitcoin drops to $90K after a cautious Fed rate cut; steady ETF inflows and easing on-chain selling shape market sentiment now. Bitcoin pulled back toward $90,000 after the Federal Reserve cut interest rates by 25 basis points and paired the move with guidance that traders viewed as cautious. Market participants waited for clearer signals […]
ASIC eases rules for stablecoin and wrapped token distribution, removing extra licensing and allowing omnibus accounts for cheaper operations. Australia’s securities regulator (ASIC) has released new rules that are expected to improve how companies handle stablecoins and wrapped tokens. ASIC said the decision creates a simpler path for businesses that work with secondary distribution. […]
Gemini received CFTC approval to operate a Designated Contract Market. This allows the firm to offer binary event contracts and potential crypto derivatives. Gemini has secured key approval from the Commodity Futures Trading Commission (CFTC). This approval grants the firm a Designated Contract Market (DCM) license. This is the official way for its Gemini Titan […]
SpaceX shifts $94M in Bitcoin amid IPO rumors, fueling speculation about its financial strategy and growing use of digital asset. SpaceX recently moved 1,021 BTC, worth approximately $94 million, sparking speculation about its financial strategy ahead of a potential IPO. The transfer, flagged by Lookonchain, adds to a series of large Bitcoin movements, raising […]
Ripple’s XRP Ledger v3.0.0 upgrade boosts stability, DeFi features, and performance, while XRP price rises to $2.08. Ripple has released a major upgrade to the XRP Ledger (XRPL), known as version 3.0.0. The upgrade introduces important changes to enhance network stability and expand decentralized finance (DeFi) capabilities. Ripple is focusing on integrating tokenized real-world […]
Swapper Finance launches Direct Deposits with Chainlink and Mastercard, connecting global payments to onchain finance seamlessly. Swapper Finance unveiled Direct Deposits on Tuesday, integrating Mastercard and Chainlink to simplify onchain payments. The new solution offers users a way to deposit into DeFi protocols directly via cards, crypto, or Web3 wallets. Moreover, there is no traditional […]
Bitwise 10 Crypto Index Fund uplisted to NYSE Arca as an ETF, offering diversified crypto exposure after SEC delays. Bitwise Investment’s 10 Crypto Index Fund has successfully uplisted and started trading as an exchange-traded fund (ETF) on NYSE Arca. This follows a delay caused by regulatory hurdles from the U.S. Securities and Exchange Commission […]
dYdX reviews a proposal to integrate BONK with a shared revenue model and branded frontend to boost activity from Solana retail traders. dYdX is working on a proposal that could bring BONK into its partner revenue program. The idea includes a branded frontend and a shared fee structure. It also supports the exchange’s push […]
Hong Kong begins consultation on revised CARF and CRS rules to expand cross-border crypto tax reporting rules. Hong Kong began a public consultation on updates to its crypto tax reporting rules. The proposal seeks to restructure compliance requirements and increase cross-border reporting obligations for digital asset activities. Moreover, the plan complements wider international efforts against […]
Polygon launches the Madhugiri Hardfork, boosting throughput, enhancing stability, and enabling seamless future upgrades across its PoS network. Polygon has initiated a major network upgrade designed to strengthen stability and improve performance. The Madhugiri Hardfork increases the throughput by 33%, while making it possible to increase speed further in future without disruptive procedures. Polygon’s Madhugiri […]
