Retail Bets Big on BTC While ETH Floods Binance
There have been diverging signals across crypto markets and US politics. Ethereum (ETH) deposits to Binance have continued for five consecutive days. In Bitcoin, the Short-Term Holder (STH) Net Position Realized Cap has surged from over negative $49 billion to…
Aptos founder joins BlackRock, Goldman Sachs in shaping CFTC crypto’s rulebook
Avery Ching isn’t just shipping code anymore. The Aptos co-founder and CEO has been appointed to the CFTC’s digital asset panel, signaling a new era where those who build the infrastructure help shape its regulation. On June 30, Aptos Labs…
SEC to rule on Grayscale’s proposal to convert Bitcoin, Ether, XRP, and ADA large-cap fund into a spot ETF this week
Key Takeaways The SEC has acknowledged Grayscale’s amended filing to convert its large cap fund into a spot crypto ETF. The proposed ETF will track major cryptocurrencies including BTC, ETH, XRP, SOL, and ADA. Share this article The US SEC…
South Korea Pauses CBDC Plans as Stablecoins Gain Ground
Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s…
Ripple’s XRPL EVM Sidechain Mainnet is Now Live
According to an update from Ripple, the long-awaited XRPL EVM Sidechain is now live on mainnet. A few highlights of what this entails include: Full EVM compatibility with Solidity, MetaMask, Hardhat, and more PoA consensus and more than 25 validators…
BNB price nears breakout as key network metrics surge
Binance Coin price has rebounded in recent days and may be on the verge of further gains as a bullish technical pattern takes shape and key on-chain metrics improve. Binance Coin (BNB) rose to $655, its highest point since June…
Kraken debuts tokenized stock trading for Apple, Tesla, and other major US equities
Key Takeaways Kraken has launched tokenized stock trading for 60 major US equities including Apple and Tesla. The xStocks service allows trading of digital shares 24/5, excluding US residents. Share this article Kraken announced Monday it has officially launched xStocks,…
Bitcoin Rainbow Chart: The Next 4 Months For BTC Could Change Everything: Is History Repeating?
The Bitcoin rainbow chart shows BTC ▼-0.12% cruising well above $100K and even on the cheap. Yet, 99Bitcoin’s analysis shows that USDT’s supply is peaking, and leveraged shorts are swelling, which are signs we could oscillate either way. Meanwhile, critiques of…
Bitcoin Taps $109K While Arbitrum Explodes by 15%: Market Watch
Bitcoin is starting the week with a test of the $108,000 level. The primary cryptocurrency also attempted to break above this level during the weekend but failed to do so. Meanwhile, certain altcoins are charting notable gains, while the majority…
BTC holds at $100k amid sales, corporate buys could spark rise
Despite strong institutional demand and steady inflows, Bitcoin has failed to break past the $100,000 mark in recent weeks, raising questions about what’s driving the stall. Weighing in on BTC’s (BTC) performance, Capriole Investments founder Charles Edwards said the sideways…
