ADA Surges 18.4% in CoinDesk 20 Performance Update: Leading Index Higher
ADA, one of the cryptocurrencies featured in the CoinDesk 20, has experienced a significant surge of 18.4% in its performance update, leading the index higher. This surge has caught the attention of investors and...
Crypto’s Victory in the Election: A Closer Look at the Wins
Trump has been a strong supporter of Bitcoin and cryptocurrency for some time now. He has even launched his own DeFi protocol, World Liberty Financial. The official Republican platform is also pro-crypto, and Trump...
SEC Chair Gary Gensler Takes Credit for Bitcoin ETFs, Dismisses Altcoins, Hints at Resignation
Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), recently addressed the public at the PLI Annual Institute on Securities Regulation. In his speech, he emphasized the SEC's role in regulating...
Beware of Fake Crypto ‘Banks’ in Hong Kong: Watchdog Alert
The Hong Kong Monetary Authority (HKMA) has issued a warning about foreign crypto firms pretending to be banks, misleading consumers. The regulator stated that some overseas entities are falsely presenting themselves as banks to...
New York Prosecutors Ease Crypto Enforcement During Transition: What it Means
New York prosecutors are making changes to their approach to crypto enforcement as leadership transitions within the office. The US Attorney's Office in Manhattan will be scaling back its focus on crypto crimes, with...
Franklin Templeton Launches $410M Money Market Fund on Ethereum Blockchain
Franklin Templeton has recently made a significant move by launching its OnChain U.S. Government Money Market Fund on the Ethereum blockchain. This allows the fund to be traded on Ethereum, which is currently the...
LTC Leads CoinDesk 20 Index with 8.5% Gain: Performance Update
CoinDesk, a reputable media outlet that focuses on cryptocurrency news, has recently reported that LTC (Litecoin) has shown an impressive 8.5% gain, leading the CoinDesk 20 Index. This significant increase in LTC's performance has...
Bitcoin Market Analysis: Predictive Patterns Hint at Recent Slide in Trump Media Shares
Bitcoin's price struggles to stay above $90,000, and experts are seeing patterns in the options market that resemble the recent slide in Trump media shares. The implied probability distribution, which reflects market expectations for...
Bitcoin ETF Investors Profit-Taking Breaks 6-Day Win Streak with $400M Outflow, BlackRock Holds Inflow
Bitcoin ETF investors have decided to cash in on their profits as a six-day winning streak comes to an end, resulting in a significant $400 million outflow across various ETFs on Nov. 14. However,...
Why Bitwise is Converting its $1.3 Billion Crypto Index Fund to an ETF
Bitwise Asset Management has announced its plans to convert its $1.3 billion Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF). This move comes as the company aims to capitalize on market...