Bitcoin Price Nears $37k Amidst Anticipation of Spot ETF Approval.
The price of bitcoin has recently surged, reaching a level not seen since early May 2022. At the time of writing, Bitcoin is trading at $36,661, up 3.75% in the…
SEC Chair Gary Gensler Roots for FTX Comeback
Gensler emphasizes the importance of new leadership understanding and sticking to existing securities laws for FTX’s success. Former NYSE President Tom Farley is among the top contenders to acquire FTX’s…
Ethereum Is Surging but Will ETH Cross $2000?
Ethereum has surged 19% in the past 30 days.9,353 ETH worth $37 million have been transferred to Coinbase. Ethereum, the second-largest cryptocurrency, just hours ago reached a four-month high of…
Memecoin Whales Score Millions While MEME Trends
LBank tweeted about Memecoin (MEME) gaining attention in the crypto space.Airdropped MEME transfers to just two holders exceeded $5 million in total value.Memecoin is backed by Memeland’s hyper-web3 project and…
European Banking Authority Proposes Liquidity Rules for Stablecoin Issuers.
For stablecoin issuers, the EBA’s liquidity criteria will serve as a liquidity stress test. The regulations are expected to go into effect at the beginning of 2024 if they are…
USDC Issuer Circle Considering Going Public via IPO in 2024
The company is currently talking to advisors and preparing to go public, say the sources with familiar matter. Circle, the firm behind USDC stablecoin, is considering going public with a…
Robinhood Poised to Launch Crypto Trading in Europe.
Tenev’s plan was announced in Robinhood’s quarterly earnings report.Robinhood’s quarterly financial report is in – with slightly disappointing news for shareholders but very interesting news for customers based in the…
Dubai Issues a Deadline for Crypto Projects
Dubai’s VARA has set a November 17 deadline for crypto firms to obtain licensing. VARA emphasizes that failure to meet this deadline will result in enforcement measures being triggered.Dubai’s Virtual…
Bitcoin Above 35000 Indicates Bull Run. Time to Buy?
Bitcoin recent rally is notable, with an 18-month high. Over 78% of BTC holders make a profit on their purchases. 2023 has proven to be a year of fluctuation in…
Coatue Management Writes Down Investment in OpenSea by 90%
Investment in MoonPay was similarly written down by Coatue by 90%.OpenSea said on November 3 that it will be reducing its workforce by half.Coatue Management, a technology investment business based…