Regulation
USDR Issuer to Salvage Failed Property-Backed Stablecoin’s Assets, ‘Make Users Whole’
A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn. Source link
Month: October 2023
Ethereum
Caroline Ellison Starts Day 3 of Testimony Against Former FTX Crypto Titan
“Bankman-Fried relied on Ellison and he trusted her to act as the CEO and manage the day-to-day,” Cohen said in his opening statement last week. “… As the majority owner of Alameda, he spoke to […]
Bitcoin
UK Financial Conduct Authority Working on Blue Print for Fund Tokenization Due This Year
FCA, the U.K.’s financial regulator, published a discussion paper in February this year on updating and improving a regime for asset management in the country. The paper touched on “how fund managers might adopt distributed […]
Market Analysis
Solana (SOL) Total Value Locked Increases Despite Price Drop
The Solana (SOL) price has decreased since October 2, when it reached a high of $24.79. On October 12, the price of Solana reached a low of $21.79, invalidating a large portion of its September […]
Regulation
JPMorgan Goes Live With First Blockchain-Based Collateral Settlement
Membrane Labs, a cryptocurrency-focused trading and lending platform, raised $20 million in a Series A funding round, with participation from big names like Brevan Howard Digital and Point72 Ventures. The capital will be used to […]
Ethereum
U.S. September CPI Rises 0.4%, Outpacing Forecasts; Bitcoin Slips Further
The latest read on U.S. inflation Source link
Bitcoin
Long-Term Holders Buy $1.35 Billion Worth Of BTC
A new report from Glassnode, an on-chain analytical firm, has buttressed recent data indicating Bitcoin holders are adding to their holdings. These long-term Bitcoin investors, often known as “HODLers,” don’t appear to be phased by […]
Market Analysis
AVAX Aims for $10 Amid SoFi Platform Revival Post-Hack
The Avalanche (AVAX) price has been on a downtrend since October 7, when Stars Arena suffered a hack. The decrease also validated the long-term $10.50 horizontal area as resistance. Avalanche Fails to Clear Horizontal Resistance […]
Market Analysis
Bitcoin Price at Risk of Losing $25,000 as Bears Gain Momentum
Bitcoin (BTC) dipped below $27,000 on Wednesday as the global crypto market capitalization shrunk by 2%. On-chain analysis examines the short-term merits of Binance CEO Chanpeng Zhao’s recent bullish statements amid escalating tensions in the […]
Market Analysis
Bitcoin Miners Must Do This if Halving Causes a Bear Market
The upcoming Bitcoin (BTC) halving, which halves the reward miners earn for solving Bitcoin transaction blocks to 3.25 BTC, is historically a bullish event. Recently, several miners bought more powerful equipment to increase their chances […]