Hong Kong’s Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
The regulator invited applicants with a “genuine interest in developing a stablecoin issuance business” to join the sandbox.
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Ether Put Demand Signals Weakness After $4K Price Breakout
By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high.
DOGE, SHIB Rally Eases as Bitcoin Bullishness Remains ‘Elevated’
Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.
Thailand’s SEC Greenlights Investment From Institutional and Wealthy Individuals in Crypto ETFs
Earlier this year, the regulator had denied permission to trade bitcoin ETFs.
Nigeria Invited, Then Detained Binance’s Compliance Head and Africa Manager for Two Weeks: Reports
Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian authorities.
Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking
Coinbase Inc. (COIN) has accused the U.S. Securities and Exchange Commission of ignoring the law when it rebuffed the company’s formal petition for crypto rules, according to a filing Monday in the U.S. Court of Appeals for the Third Circuit.
XRP Jumps 20% After Mysterious Binance Transfers as Crypto Rally Expands to Laggards
The rally could be a sign of traders rotating some of their capital to tokens that haven’t moved yet.
VanEck Temporarily Cuts Bitcoin ETF Fee to Zero After Lagging in Assets
HODL, VanEck’s spot bitcoin exchange-traded fund (ETF), has so far attracted a little over $305 million in assets, which is far below most of its competitors.
Crypto Market Could Face Some Short-Term Headwinds, Coinbase Says
Positive drivers such as spot ETF inflows are likely to meet some important macro and technical headwinds in the coming weeks, the report said.