Paxos acquires Membrane Finance for EU stablecoin expansion
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license. Go to Source
crypto market
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Bitcoin hot on the heels of Google as market cap nears $2 trillion
Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets. Go to Source
Ethereum hits $3.2K, surpassing Bank of America market cap
Ethereum’s market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction. Go to Source
Galaxy Digital clocks biggest trading day of year on US election day: Report
Trump’s win sparked a surge of interest in crypto, Galaxy’s CEO reportedly said. Go to Source
Unsubstantiated Tether investigation report shakes crypto market
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations. Go to Source
Can liquid staking tokens depeg due to market volatility?
Some top LSTs have previously seen price deviations of up to 77% from Ether’s price due to mass sell-offs paired with liquidations on leveraged lending protocols. Go to Source
Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend
As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure. Ethereum On … Read more
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a … Read more
Last week’s Bitcoin dip a ‘healthy realignment,’ lower risk of crash: Bitfinex
Bitcoin’s 9% dip over the last week reduced the likelihood of downside volatility, say analysts from crypto exchange Bitfinex. Go to Source
BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses
On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M Both bitcoin and ethereum ETFs showed positive growth on Friday, … Read more
