SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions

Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity and decentralized nature. The partnership provides Metaplanet access to SBI VC Trade’s tax-efficient corporate custody services and the ability to use bitcoin as collateral, supporting …

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead

Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130 million, pushing First Digital’s FDUSD into the fourth largest spot. Stablecoin Shakeup: USDE Slips to 5th, FDUSD Rises to …

Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’

Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has …

Trader Unveils Timeline for ‘Full Send’ Crypto Rallies, Updates Forecast for Ethereum and Solana

A popular analyst says he’s feeling bullish on crypto for the end of this year and is updating his outlook on Ethereum (ETH) and Solana (SOL). The pseudonymous trader known as Altcoin Sherpa tells his 222,400 followers on the social media platform X that he’s expecting a “full send” phase for crypto around December or …

‘Paper’ Bitcoin On The Decline: What It Means For BTC

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says

Este artículo también está disponible en español. The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise …

Ethereum Price Prediction: ETH Whales Add Mpeppe To Holdings

Este artículo también está disponible en español. Ethereum (ETH) whales have been making headlines with their latest strategic move: adding Mpeppe (MPEPE) to their portfolios. This development comes as a surprise to some, but for those familiar with the potential of Mpeppe (MPEPE), it’s a calculated move that could pay off handsomely. Ethereum’s Current Market …

Internet Computer Investors Jump Into Mpeppe Gambling Token For Major Profits

Este artículo también está disponible en español. As the cryptocurrency market continues to evolve, savvy investors are constantly on the lookout for the next big opportunity that promises substantial returns. In 2024, the spotlight has shifted to a unique token that has been making waves in crypto space: Mpeppe (MPEPE). Notably, investors from Internet Computer …

RENDER, ICP & MPEPE: 3 Reasons Mpeppe (MPEPE) Is Attracting Render & Internet Computer Investors

Este artículo también está disponible en español. The world of cryptocurrencies is always in flux, with new tokens capturing the attention of seasoned investors looking for the next big opportunity. Recently, Mpeppe (MPEPE) has been making waves, particularly among those who previously invested heavily in well-known tokens like Render (RNDR) and Internet Computer (ICP). In …

SEC Warns FTX Bankruptcy Estate it May ‘Challenge’ Distributions to Creditors Involving Crypto Assets

The U.S. Securities and Exchange Commission (SEC) is signaling potential objection to FTX’s proposed plan to repay creditors with stablecoins. In a new official court filing, the SEC acknowledges that FTX’s Chapter 11 repayment plan may not be illegal while maintaining that the regulatory agency has the right to challenge any transactions involving crypto. “The …

Banking Giant Prepares for $3,000,000,000 Fine Over Role in Massive Money Laundering Scheme: Report

A US bank is reportedly setting aside an additional $2.6 billion while preparing to pay a major penalty to regulators. TD Bank is being investigated over accusations that Chinese gangs relied on the lender to launder $650 million worth of illegal narcotics proceeds from 2016 to 2021. Now, the bank is preparing for a total …

Long-term Bitcoin holders display strategic patience amid 2024 price rallies

Onchain Highlights DEFINITION:  The total amount of coins that return to circulation after being untouched for at least one year. In other words, it is the total transfer volume of coins previously dormant for 1+ years. Bitcoin’s revived supply, which tracks the reactivation of coins dormant for over a year, has displayed notable fluctuations in …

Ethics experts raise conflict of interest concerns over Trump family crypto project

Ethics watchdogs have raised concerns over former President Donald Trump’s promotion of his sons’ upcoming crypto project, warning that it could pose a significant conflict of interest if he returns to the White House in 2024. The venture, reportedly named World Liberty Financial, was recently promoted by Trump on social media and comes amid his …

DEX trading volume falls 9% to $179 billion month over month

Decentralized exchanges (DEX) registered $179 billion in spot trading volume last month, falling 9% on a monthly basis, while their centralized peers rose roughly 8% during the same period, according to data from DefiLlama and The Block. The volume ratio between both ecosystems is now 14.8%. Ethereum reclaims the crown Despite shrinking volumes, Ethereum took …

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