On December 19, 2024, the cryptocurrency market faced a sharp and sudden decline, with major digital assets suffering significant losses. Investors were left confused as market leaders like Bitcoin (BTC) and Ethereum (ETH) saw dramatic price declines. The recent downturn…
Key takeaways Cantor moved to secure 5% of Tether ownership in a deal worth around $600 million. The company’s CEO, Howard Lutnick, will resign from Cantor Fitzgerald following his confirmation as Commerce Secretary. Chancellor Fitzgerald, led by Donald Trump’s Commerce…
South Korea’s top exchange is considering adding digital asset spot-traded exchange-traded funds (ETFs) to its product suite to revive investor interest after a year of political instability. Elsewhere, one of America’s largest asset managers, Morgan Stanley (NASDAQ: MS), is considering…
The Shiba Inu and Dogecoin prices has suffered double-digit losses today, after starting the week positively. This price drop has happened thanks to macroeconomic factors, which provide a bearish outlook for these coins. Why Shiba Inu and Dogecoin prices crashed…
The crypto market is facing a significant declinewhich decreased 4.4% in value to $3.36 trillion in the last 24 hours. This marks an 11% drop from its record high of $3.79 trillion just a few days ago. As cryptocurrencies continue…
Key takeaways Bitwise has renamed its European XRP ETP, with Ripple planning an investment. Bitwise Physical XRP ETP is physically backed and approved by German regulatory authorities. Ripple will invest in Bitwise’s XRP exchange-traded product (ETP) following its rebranding. The…
Key takeaways The US Department of Justice was authorized to sell 69,370 Bitcoin seized from Silk Road. Battle Born Investments opposed the sale but failed to block it. The US Department of Justice (DOJ) has received court approval to sell…
The world of cryptocurrency is no stranger to rapid innovation, and a new player is making waves: the CYBRO token. With its explosive debut and AI-powered DeFi ecosystem, CYBRO could challenge Ethereum’s (ETH) dominance in decentralized finance (DeFi) and beyond.…
Key takeaways Tether is discontinuing support for its euro-pegged stablecoin EURT due to regulatory changes. Tether will focus on EURQ and USDQ, MiCAR compatible stablecoins, in partnership with Quantoz Payments. Tether said On Wednesday, it will no longer support its…
A new survey reveals an alarming trend: crypto hedge funds are struggling to access basic banking services. The results, released by the Alternative Investment Management Association (AIMA) in its report The Debanking Dilemma, reveal that three-quarters of the 160 crypto…
