Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP is now moving into one of its most decisive weeks in years, based on a perfect alignment of institutional developments, ETF expansion, and changing supply dynamics. The most important factor behind this trend is the concentration of Spot XRP exchange-traded funds…
Market maker Citadel Securities has recommended that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks, causing backlash from crypto users. Citadel Securities told the SEC in a letter on Tuesday that DeFi developers, smart-contract coders, and self-custody wallet providers should not be given “broad exemptive relief” for…
Key Takeaways Tron recorded $931.7 million in stablecoin inflows in the past 24 hours. This inflow highlights Tron’s dominance as an infrastructure for stablecoin transactions, especially for USDT and USDC. Share this article Tron recorded $931.7 million in stablecoin inflows over the past 24 hours, marking another remarkable day for the blockchain platform that has…
Connecticut has taken action against several major trading platforms after finding that their sports-related markets crossed a legal line. Summary Connecticut ordered Kalshi, Robinhood, and Crypto.com to stop offering unlicensed sports event contracts. Regulators say the platforms lack age checks, security standards, and consumer protections required in the state. Kalshi challenged the order in federal…
Institutional Ethereum demand collapses as Digital Asset Treasuries’ purchases drop 81% since August, with inflows dropping to 370K ETH. Institutional appetite for Ethereum (ETH) has hit a wall, with recent data from Bitwise showing that purchases of the cryptocurrency by publicly traded Digital Asset Treasuries (DATs) fell to 370,000 ETH in November, representing an…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Britain is weighing a ban on crypto political donations as lawmakers raise alarm over traceability and foreign influence. Reports have disclosed that ministers are discussing a move to bar parties and candidates from accepting gifts in cryptocurrency as part of changes tied…
Ethereum’s second major upgrade of the year, Fusaka, has gone live, bringing forward supercharged data capacity, reduced transaction costs and enhanced usability. The upgrade officially went live on the Ethereum mainnet at 9:49 pm UTC on Wednesday at Epoch 411392, with the headline feature being peer data availability sampling (PeerDAS), which provides significant scaling capabilities…
Key Takeaways Connecticut ordered Robinhood, Crypto.com, and Kalshi to stop unlicensed online sports wagering. The platforms’ activities exposed consumers to risks due to lack of state oversight and protections. Share this article Connecticut has taken enforcement action against KalshiEX, Robinhood Derivatives, and Crypto.com, directing the companies to cease offering illegal sports betting products in the…
Ethereum has officially implemented its Fusaka upgrade, designed to increase the network’s transaction processing capacity while maintaining security and decentralization standards, according to network documentation. ETH co-founder Vitalik Buterin tipped his hat to the developers behind the initiative. Summary Ethereum rolls out Fusaka upgrade to boost transaction processing while keeping security and decentralization intact. Key…
Coinbase Institutional has painted a brighter picture for digital asset markets going forward than we’ve seen in recent weeks. “With quantitative tightening [QT] ending, the Fed is back in the bond market, and the drain of cash from markets may be behind us,” Coinbase Institutional stated on Wednesday before adding, “That’s usually good for…
