Key Takeaways Estimated $2.4 billion from FTX repayments could reenter the crypto market. The plan could provide a positive boost to the crypto market, but the impact may be limited and gradual.... Read more »
Key Takeaways FTX’s Chapter 11 reorganization plan was approved by a US bankruptcy court on Monday. FTX creditors will receive 119% of approved claims in cash following court approval. Share this article... Read more »
Key Takeaways Circle’s partnership with Mark Carnegie aims to extend USDC’s reach in the Asia Pacific. The collaboration may lead to the creation of an Australian dollar stablecoin. Share this article Circle... Read more »
Key Takeaways Robinhood has launched crypto transfer services in Europe with support for over 20 cryptocurrencies. The company offers a 1% crypto return on deposits as a launch promotion. Share this article... Read more »
Key Takeaways Bitwise’s new ETF strategies will rotate between crypto and US Treasuries to manage volatility. The Trendwise strategies use a proprietary signal based on the 10- and 20-day EMA of crypto... Read more »
Key Takeaways Tron’s Q3 revenue of $566 million exceeds that of Bitcoin, Ethereum, and Solana. Stablecoin transactions and memecoin activities significantly contribute to Tron’s revenue. Share this article Tron’s stablecoin ecosystem has... Read more »
Key Takeaways Gold prices have surged past expectations due to a weakening dollar and falling Treasury yields. Bitcoin is expected to follow gold’s price trend despite a current negative correlation. Share this... Read more »
Key Takeaways Bitcoin remains stable above $61,100 with significant whale buying activity. XRP’s value drops over 10% amid SEC’s appeal against a regulatory ruling. Share this article Bitcoin (BTC) has managed to... Read more »
Key Takeaways Bitcoin’s value fell to $60,200 due to geopolitical tensions, causing significant market liquidations. US spot Bitcoin ETFs recorded substantial outflows, with the largest from the Fidelity Wise Origin Bitcoin Fund.... Read more »
Key Takeaways Bitwise establishes a Delaware trust as a precursor to an XRP ETF. SEC’s cautious stance on crypto ETFs reflects in the lengthy approval process. Share this article Crypto asset manager... Read more »