Wed, September 30

Canada Issues Preliminary Guidelines for Stablecoin Trading

With an emphasis on stablecoins, the Canadian Securities Administrators (CSA) has offered guidelines to exchanges and cryptocurrency issuers on its preliminary approach to what it refers to as value-referenced crypto assets. Canadian provincial and territorial securities authorities issued a clarification on the possible trading of cryptocurrencies that peg their value

October 6, 2023 1 min read

Ripple Earns Distinction as a Leading Innovator in Digital Assets

Payments technology firm Ripple took home top honors at the recent PAY360 Awards organized by the Payments Association. Ripple won the “Best Use of Digital Currencies/Assets in Financial Services” category for its pioneering work with digital assets in finance. The PAY360 Awards recognize achievements and innovation across the payments industry.

October 5, 2023 1 min read

Trust Wallet Token (TWT) Pumps 14%. Time to Buy?

Trust Wallet Token (TWT), a utility and governance token native to Trust Wallet, the popular noncustodial cryptocurrency wallet, has caught the crypto market’s attention by surging an impressive 14% in the past 24 hours. It also reached a two-month high of $0.934. These developments align with an X post from

October 5, 2023 2 mins read

South Korea Initiates CBDC Trial Program With Key Collaborations

Following the lead of other countries, South Korea has decided to launch a trial program of CBDC. Plans to investigate the CBDC’s technological foundation were recently announced by the Bank of Korea (BOK), the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS). Notably, the FSC and the FSS

October 4, 2023 1 min read

Polygon (MATIC) Makes Strides in Advancing Polygon 2.0: What You Need to Know

Ethereum layer-2 Polygon took a significant step toward its highly anticipated 2.0 upgrade this week with the deployment of native token POL on the Goerli testnet. MATIC co-founder Mihailo Bjelic announced the activation, calling it a milestone in realizing the planned upgrades that will transition Polygon to a new modular

October 4, 2023 1 min read

Debut of Highly Anticipated Volatility Shares’ Ether Futures ETF Delayed

Exchange-traded fund (ETF) provider Volatility Shares postponed the debut of their Ether futures ETF on October 2 due to market conditions. After being questioned whether there were still intentions to introduce an ETH futures ETF, company’s co-founder and president, Justin Young said, “Of course,” adding, “plans are TBD.” Futures contracts

October 3, 2023 1 min read

Cardano Faces Pivotal Moment Amid Mixed Indicators for Short Term

Analytics provider Santiment has flagged Cardano as an altcoin primed to potentially decouple from broader crypto market trends. Alongside AAVE and CRV, Santiment suggests Cardano could benefit from volatile short-term windows, ideal for savvy traders. But conflicting indicators currently signal both opportunities and risks for ADA. At the time of

October 3, 2023 2 mins read

XRP Liquidations and Lagging Price Cast Doubt on Overhyped Rally

Despite recent legal victories, on-chain data suggests the perceived resurgence of XRP may be overhyped. Liquidation figures and lackluster price action indicate the disputed cryptocurrency has yet to see the hype translate into renewed bullish momentum. According to CoinGlass, around $1.35 million worth of XRP positions have been liquidated amid

October 3, 2023 1 min read

Several Ether Futures ETFs Go Live Including VanEck’s

Ether Futures Exchange Traded Funds (ETFs) by major players like VanEck and Proshares goes live, marking a new era for the cryptocurrency sector and the ETF market as a whole.  The SEC has been notoriously slow to approve Bitcoin ETFs, so this news comes as somewhat of a surprise. According

October 2, 2023 2 mins read

Grayscale Files With the SEC To Transform Ether Trust Into Spot Ether ETF

With the recent green light given to the first Ether futures ETF, Grayscale Investments is trying to transform its Grayscale Ethereum Trust into a spot Ether ETF. On October 2, the New York Stock Exchange Arca submitted a conversion application to the U.S. SEC. Previously, Grayscale’s trust had invested in

October 2, 2023 1 min read