Coinbase’s chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.” Cryptocurrency exchange Coinbase has discovered “over 20 examples” of the United States regulator advising…
Category: Crypto Trends
UBS launches tokenized fund, puts ETH ‘into the heart’ of TradFi
The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator. The Union Bank of Switzerland (UBS) has rolled out a tokenized fund on the…
Judge pushes Tornado Cash co-founder trial to April 2025
Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial. Tornado Cash co-founder and developer Roman Storm won’t stand trial for money laundering and sanctions violation charges until…
Tether CEO’s MiCA concerns, Buterin to ‘Purge’ Ethereum inefficiencies: Finance Redefined
Concerns about Europe’s upcoming MiCA regulations and Vitalik Buterin’s plans to make Ethereum more efficient were the main focus of crypto investors this week. Concerns are mounting over the implications of Europe’s upcoming crypto regulatory bill. Despite being a significant…
Price analysis 11/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue. Bitcoin (BTC) fell below $69,000 on Nov. 1, but the bears could not sustain the lower levels. Solid buying by the…
21Shares files Form S-1 with SEC for spot XRP ETF
The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise. Asset manager 21Shares has filed for approval of a spot XRP (XRP) exchange-traded fund (ETF) with…
DePIN XYO launches on Solana
XYO’s native token is now tradable against tokens, including SOL and USDC, on Solana-native decentralized exchanges Jupiter and Raydium. XYO, a decentralized physical infrastructure network (DePIN), has bridged from Ethereum to Solana, citing the layer-1 blockchain network’s “high throughput, low…
Temasek-backed blockchain VC firm to start new investment fund: Report
Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion. Superscrypt, a blockchain and Web3-focused venture capital firm backed by Singapore’s state-owned investment firm Temasek, is reportedly seeking a $100 million capital raise…
How the US Fed thinks a Bitcoin ban could preserve deficit spending
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community. Bitcoin has been called many things, but a “balanced budget trap” is probably not one of them. Or at least…
Bitcoin can still hit $100K, no matter who wins US election
The prospect of favorable regulations and Bitcoin’s hedge status mean that Bitcoin can weather any election result and even reach $100,000. Opinion by Georgii Verbitskii, founder of TYMIO Yield and TYMIO Protect. The 2024 United States presidential election has raised…