SpaceX and BlackRock recently shifted more than $296 million in Bitcoin (BTC) to Coinbase Prime, according to on-chain trackers at Lookonchain. The large transfers landed just hours before the U.S. Federal Reserve confirmed a 25-basis-point rate cut, adding fresh tension to an already shaky market. The timing has drawn traders into a debate over whether…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has retraced below the $3,200 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially boosted risk assets but quickly shifted market sentiment into uncertainty. While the broader macro backdrop now leans toward…
Crypto markets saw a slight pickup after the US Federal Reserve’s widely expected rate cut on Wednesday, and a larger bounce could be next, say analysts. The central bank has executed three consecutive interest rate cuts totaling 0.75% over a three-month period from September to December. Despite being fundamentally bullish for crypto in the long…
Key Takeaways YouTube now allows US creators to receive payouts in PayPal’s stablecoin PYUSD. PayPal’s stablecoin integration expands options for digital payments without requiring platforms to handle crypto directly. Share this article YouTube has begun allowing creators in the US to choose PayPal’s flagship stablecoin, PYUSD, as their payout option, Fortune reported Thursday. The integration,…
Canadian financial technology analysts have issued forecasts projecting expanded adoption of XRP in digital payment systems, according to reports circulating in cryptocurrency markets. Summary Canadian fintech researchers are forecasting wider adoption of XRP in digital payments. Analyst Skipper_xrp noted growing XRPL ecosystem activity—including interest in the raccoon-themed RACO token—while also pointing to new U.S. regulatory…
Gemini Space Station announced on Wednesday that its affiliate Gemini Titan secured approval from the US Commodity Futures Trading Commission (CFTC) to operate a Designated Contract Market (DCM). The decision opens the door for the exchange to begin offering regulated prediction markets in the United States. Gemini Titan Debuts in Prediction Markets The launch marks…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) is once again moving within a narrow band, with price swings contained despite shifting macro signals and fresh debate over whether the cryptocurrency’s long-observed four-year cycle still applies. Related Reading: Upcoming Crypto Market Structure Bill Markup Likely Pushed To Post-Holiday…
Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison after pleading guilty to wire fraud and conspiracy to defraud. In a Thursday hearing in the US District Court for the Southern District of New York, Judge Paul Engelmayer ordered that Kwon serve 15 years in prison for his role…
Key Takeaways Do Kwon received a 15-year prison sentence for his role in the Luna and TerraUSD collapse. The implosion of the Terra ecosystem erased $40 billion in value and led to legal action across several countries. Share this article Do Kwon, co-founder of Terraform Labs and creator of TerraUSD and Luna, was sentenced to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Enosys launches the first CDP protocol on Flare, enabling XRP holders to mint a trustless, overcollateralized stablecoins. Summary Enosys launches Flare’s first CDP protocol, letting XRP holders mint a trustless stablecoin using FXRP or…
