Category: Crypto

Gemini’s upcoming initial public offering (IPO), expected Friday, has reportedly been oversubscribed more than 20 times, as crypto and blockchain companies continue to attract investor attention. According to Reuters on Thursday, citing people familiar with the matter, Gemini and its bankers stopped accepting new orders for shares on Thursday, ahead of the crypto exchange’s debut. […]

Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), has made public several texts between himself and Gemini co-founders Cameron and Tyler Winklevoss, suggesting reasons why the brothers may have attempted to interfere with his nomination to the agency. In a Wednesday X post, Quintenz said he had […]

Key takeaways: Bloomberg analysts assign 95% odds for an XRP ETF, with a SEC decision expected for October. XRPL adoption lags peers, holding just 2% of Real World Assets despite stablecoin growth. XRP (XRP) price faced rejection on Tuesday after reaching its highest level in nearly two weeks at $3.04. The move was driven by […]

The cryptocurrency task force with the US Securities and Exchange Commission (SEC) is planning to hold another roundtable that could lead to policy changes at the financial regulator. In a Monday notice, the SEC said the crypto task force, headed by Commissioner Hester Peirce, would host a public roundtable on financial surveillance and privacy on […]

The family of United States president Donald Trump grew their collective wealth by $1.3 billion this week amid the trading debut of mining company American Bitcoin (ABTC), and gains from World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to the Trump family. World Liberty Financial has added $670 million to the Trump family’s […]

The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in August and steadily rose throughout the month, despite projections that network difficulty would decrease. Bitcoin’s hashrate, the average of the […]

StablecoinX and TLGY Acquisition have secured an additional $530 million in financing to buy digital assets, bringing total commitments to $890 million ahead of a planned merger and Nasdaq listing. The combined company, to be renamed StablecoinX Inc., is set to hold more than 3 billion ENA, the native token of the Ethena protocol. According […]

Boerse Stuttgart Group, Europe’s sixth-largest exchange operator, has launched a blockchain-based settlement platform designed to handle cross-border transactions of tokenized assets across the region. According to a Thursday announcement, the platform targets banks, brokers, trading venues and tokenization platforms. The system supports both public and private blockchains, with settlement possible in central bank money or […]

Key takeaways: $300 million outflows from US-listed Ethereum ETFs represent just 1.3% of assets under management. Derivatives positioning and stable long-to-short ratios suggest strong $4,300 support despite leveraged long liquidations. Ether (ETH) rallied 4.7% on Wednesday, pushing further from the $4,300 level after breaking its seven-day downtrend. Derivatives data suggest resilience despite notable outflows from […]

Key takeaways: Ethereum fees and DApps activity surged, surpassing Tron and Solana. ETH derivatives data show caution, but rising institutional reserves reinforce ETH’s long-term bullish case. Ether (ETH) has held firm around the $4,300 level despite a 15% decline from the Aug. 24 all-time high. The pullback came amid a broader cryptocurrency market correction, likely […]