Key Takeaways French semiconductor firm Sequans Communications deposited 970 BTC worth $111 million on Coinbase Prime on Tuesday. The company announced in August its plans to stack up to 100,000 BTC by 2030. Share this article French Bitcoin treasury company Sequans Communications moved 970 Bitcoin (BTC) worth about $111 million to Coinbase Prime on Oct….
Bitcoin and Ethereum hold steady as ETF flows, Fed bets, and new regulatory actions have crypto in a holding pattern. Bitcoin (BTC) and Ethereum (ETH) slipped a little in the last 24 hours, as BTC fluctuated around the mark of $115,000, and ETH around the mark of $4,160 on Tuesday. SoSoValue data shows that US…
XRP continues to hold above $2.60, but there are some warning signs. Ripple’s native token has been performing rather well in the past few weeks, especially since it bounced from the low marked during the massive correction on October 10 that was almost mimicked, but to a less painful extent, a week later. XRP…
Maple Finance is taking a major step toward sustainability as its community backs a proposal to end SYRUP staking and shift to a revenue-driven buyback model. Summary Maple Finance ends SYRUP staking after 91% community approval. 25% of revenue redirected to token buybacks via Syrup Strategic Fund. Governance expands to include all SYRUP and stSYRUP…
Key Takeaways A Beijing court has sentenced five individuals for conducting $166 million in disguised foreign exchange transactions using stablecoins. The scheme involved the use of USDT to bypass China’s strict foreign exchange controls and move funds across borders. Share this article A Beijing court sentenced five individuals for conducting $166 million in disguised foreign…
Ethereum Price successfully reclaimed $4000 two days ago. That is not a very long time, but it is a good start. Tomorrow, the Fed will announce its interest rate decision, which usually causes volatility. Polymarket participants are 98% sure that we will see a 25bps cut. Other analysts say that economic data allows for a…
Ethereum funds now total about 6.8 million ETH, with the ETH/BTC ratio in holdings jumping from 3:1 to 5:1. Over the past year, the amount of Ethereum (ETH) funds held by institutions has grown at a rate nearly four times faster than that of Bitcoin (BTC). According to analysts, this change in allocation could…
Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks. Summary US stocks popped to all-time peaks as investors positioned ahead of October Federal Reserve interest rate decision. S&P 500 hit new…
Key Takeaways Polymarket, a blockchain-based prediction market, is planning a US return focused on sports betting. The firm cleared past probes and secured CFTC-licensed infrastructure through its QCX acquisition. Share this article Polymarket, the blockchain-based prediction market platform, is preparing to reenter the US with a focus on sports betting, Bloomberg reported. Initial trading could…
Since 2021, Kazakhstan is a top global hub for Bitcoin mining. The country recently created a national strategic reserve. But what could be the opportunity cost for the country if there were no regulations in place? Zhaslan Madiyev, Deputy Prime Minister – Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan took…
