This morning, the crypto market stands at a crossroads, balancing hope and anxiety as Bitcoin ETFs record a breathtaking $40 billion in trading volume, led by BlackRock's IBIT. Institutional activity has reached fever pitch, signaling both deep conviction and a sense of capitulation among the big... ... Read full š“š Market Analysis: 26-11-6
Payments giant Visa last week announced a new partnership with cryptocurrency infrastructure provider Aquanow to expand its stablecoin settlement services across Central and Eastern Europe, the Middle East, and Africa (CEMEA).The integration will enable Visa's network of issuers and acquirers acrossā¦
Greenidge Generation Holdings, a Bitcoin mining company, disclosed that a fire broke out at its mining facility in Dresden, New York, where it co-hosts operations with mining company NYDIG.The fire broke out on Sunday due to an āelectrical switchgear failure,ā forcing the company to de-energize theā¦
Ripple, the leading financial technology company specialising in blockchain-based payment solutions, has scored one of its biggest wins of the year.Ā Abu Dhabiās Financial Services Regulatory Authority (FSRA) has officially approved Rippleās USD-backed stablecoin RLUSD as a Fiat-Referenced Token for ā¦
US Bancorp is running a stablecoin pilot on the Stellar blockchain, joining the growing number of banks experimenting with the technology.Ā The bank is partnering with consulting company PricewaterhouseCoopers (PwC) and the Stellar Development Foundation to run the pilot.Ā āThe bottom line is institutā¦
Bitcoin could remain trapped in a tight trading band into late December if the Federal Reserve opts against cutting interest rates at its highly anticipated meeting next month, according to an .Key Takeaways:Bitcoin may stay locked between $60K and $80K if the Fed holds rates steady in December.Fallā¦
Global bank regulators are preparing to revisit their most stringent crypto rules after the United States and the United Kingdom refused to implement them, a move that threatens to unravel the long-standing consensus of the Basel Committee.Ā In an interview with the Financial Times, Erik ThedĆ©en, theā¦
The European Central Bank's concerns about the rapidly expanding stablecoin market seem overdone, IG analyst Chris Beauchamp says in a note. ECB policymaker Olaf Sleijpen told the Financial Times that the stablecoin market, dominated by dollar-pegged tokens, could create risks for financial stabilitā¦
The European Central Bank (ECB) may soon be compelled to view stablecoins not just as a regulatory concern, but also as a potential source of macroeconomic shocks, according to Dutch central bank governor Olaf Sleijpen.In a Financial Times interview, Sleijpen warned that the fast-growing dollar-peggā¦
The cross-border e-commerce arm of Chinese tech behemoth Alibaba is working on a deposit token amid mainland Chinaās crackdown on stablecoins, according to CNBC.Alibaba president Kuo Zhang told CNBC in a Friday report that the tech giant plans to use stablecoin-like technology to streamline overseasā¦
The UKās central bank, the Bank of England (BOE), has released a proposed regulatory regime for stablecoins. The consultation paper took into account the perspectives of the crypto industry, but some observers say it remains restrictive.BOE released the document on Nov. 10 ā some two years after it ā¦
Aave Labs became one of the first major decentralized finance (DeFi) projects to secure authorization under Europeās new Markets in Crypto-Assets (MiCA) regulation, allowing the company to offer regulated stablecoin ramps across the European Economic Area (EEA).The approval enables āPush,ā Aave Labsā¦