Fri, January 10

Why Is the Global Crypto Market Down Today?

The cryptocurrency market continues its slide, shedding $82 billion in the past 24 hours. The total crypto market capitalization now stands at $3.19 trillion, nearing critical support at $3 trillion. Bitcoin’s (BTC) price fell by 5.68%, trading at $92,981.58, while Ethereum and Dogecoin also suffered significant liquidations. Liquidation events spiked,

November 26, 2024 2 mins read

Bloomberg Analyst Predicts Potential Approval Timeline for Altcoin ETFs

The approval of altcoin exchange-traded funds (ETFs) like Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) remains uncertain. Bloomberg analyst James Seyffart suggests decisions could extend into late 2025. Regulatory challenges and market constraints are the primary reasons for the delay. The U.S. Securities and Exchange Commission (SEC) has denied

November 26, 2024 2 mins read

Asset Management Firm WisdomTree Files XRP ETF Registration in Delaware

Asset management firm WisdomTree, based in New York, has filed a registration for XRP ETF with the state of Delaware. This first step indicates that the company is just days away from submitting the product’s formal application to the SEC in the United States. Eleanor Terrett, a business journalist for

November 26, 2024 2 mins read

South Korea’s FSC Dismisses National Bitcoin Reserve Proposal

South Korea’s Financial Services Commission (FSC) has rejected plans to create a national Bitcoin reserve. The decision comes as U.S. President-elect Donald Trump pushes pro-crypto policies. FSC Chairman Kim Byung-hwan expressed caution, prioritizing investor protection over rapid adoption. 📢JUST IN: SOUTH KOREA'S FINANCIAL SERVICES COMMISSION (FSC) DROPS PLANS TO ESTABLISH

November 25, 2024 2 mins read

Singapore Gulf Bank Plans $50 Million for Stablecoin Payments

Singapore Gulf Bank’s $50 Million Fundraising Plan Singapore Gulf Bank Seeks $50 Million to Expand with Stablecoin Acquisition. It’s a blockchain-focused digital bank. Which plans to raise $50 million in 2025 to acquire a stablecoin payments company. This strategic move reflects the bank’s focus on expanding its services and strengthening.

November 25, 2024 2 mins read

Stablecoin Issuer Tether Mints $3B in USDT Amid Crypto Market Rally

On November 23rd, in response to higher trading activity in the cryptocurrency markets, especially when Bitcoin’s price approached $100,000, stablecoin issuer Tether added $3 billion in USDT tokens to the Ethereum and Tron networks. According to data compiled by Arkham Intelligence, two billion USDT were created in a single transaction

November 25, 2024 1 min read

Crypto Market Braces for Key Impactful US Events This Week

With a number of important events planned, including the FOMC Minutes, the US PCE inflation, and the Q3 GDP (first revision) data, the cryptocurrency market is about to enter a pivotal week. Furthermore, market players’ anxieties have been heightened by the cryptocurrency market’s expiration. For background, investors are waiting to

November 25, 2024 2 mins read

Hong Kong’s ZA Bank Opens Crypto Trading for Retail Investors in Asia

ZA Bank, Hong Kong’s largest digital bank, has become the first bank in Asia to offer direct Bitcoin (BTC) and Ethereum (ETH) trading services through its platform. The service has been officially launched on November 25, 2024.  This facilitates users to trade the two major cryptocurrencies using Hong Kong dollars

November 25, 2024 2 mins read

Phishing Heist on Solana Nets $3M in PYTH Tokens

A recent phishing attack on the Solana blockchain has led to the theft of 7 million PYTH tokens, valued at approximately $2.9 million. PeckShield, a blockchain security firm, identified the incident as a “zero-transfer poisoning attack.” The stolen tokens were swapped for 11,000 SOL before being consolidated into another wallet.

November 25, 2024 2 mins read

Metaplanet Brings Bitcoin Magazine to Japan to Promote Bitcoin Adoption

Metaplanet Teams Up with BTC Media Japanese investment firm Metaplanet has finalized a licensing agreement with BTC Media to launch Bitcoin Magazine Japan, which is aiming to drive nationwide awareness and Bitcoin adoption. This collaboration, which was initially outlined in July, was announced at the Bitcoin Conference in Nashville, Tennessee.

November 25, 2024 2 mins read
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