Spot Ether ETFs in the United States have hit a record high in daily inflows, surpassing spot Bitcoin ETFs inflows on the same day by around $2.9 million. Source: https://cointelegraph.com/news/spot-ether-etfs-highest-daily-inflows-spot-btc-etf-flip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Japanese Regulator Issues Warning Letters to 5 Unregistered Crypto Exchanges
Japan’s financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan’s financial regulator, announced Nov. 29 that it has issued warning letters to five cryptocurrency exchanges it accuses of operating without registration. The five crypto exchanges […] Source: https://news.bitcoin.com/japanese-regulator-issues-warning-letters-to-5-unregistered-crypto-exchanges/
Dollar’s Role Shrinks as 80% of Russian Export Revenues Shift to Non-Toxic Currencies
Russia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a significant shift from Western currencies. Deputy Governor Philipp Gabuniya highlighted this transition, noting that the share of “toxic” currencies — namely the U.S. dollar and euro — dropped […] Source: https://news.bitcoin.com/dollars-role-shrinks-as-80-of-russian-export-revenues-shift-to-non-toxic-currencies/
Jim Cramer Champions Crypto — Reveals Why BTC and ETH Belong in Your Portfolio
Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges. Jim Cramer: ‘I’ve Liked Crypto for a Very Long Time’ Jim Cramer, host of CNBC’s Mad Money, defended his support for cryptocurrency on Tuesday, recommending bitcoin and ethereum as portfolio […] Source: https://news.bitcoin.com/jim-cramer-champions-crypto-reveals-why-btc-and-eth-belong-in-your-portfolio/
Nothing is ‘guaranteed’ with a memecoin listing — Binance CMO
Binance CMO Rachel Conlan says that “community feedback and input” are important factors for crypto exchanges when deciding which cryptocurrencies to list, though nothing is “guaranteed.” Source: https://cointelegraph.com/news/crypto-memecoins-due-dilligence-binance-cmo-rachel-conlan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Putin Signs Law Declaring Crypto as Property in Russia
Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025. Crypto Officially Property in Russia After Putin Signs Landmark Law Russian President Vladimir Putin has signed a law officially designating digital currencies as property, laying the groundwork for taxation and regulation within the […] Source: https://news.bitcoin.com/putin-signs-law-declaring-crypto-as-property-in-russia/
Ripple’s Stablecoin Near Approval, Launch Countdown Underway
Ripple’s stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar. Ripple’s Game-Changing Stablecoin RLUSD Awaits Final Nod by Regulator Ripple is reportedly close to securing approval for its regulated stablecoin, RLUSD, from the New York Department of Financial Services (NYDFS), according to […] Source: https://news.bitcoin.com/ripples-stablecoin-near-approval-launch-countdown-underway/
‘Point of No Return:’ BRICS Profiles Native Payments System for a ‘Global Majority’
Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and independent payments system. Ryabkov stated that the plans had already been laid out and that states should “run with it.” Russian Deputy Foreign Minister: BRICS […] Source: https://news.bitcoin.com/point-of-no-return-brics-profiles-native-payments-system-for-a-global-majority/
Virtuals Protocol Tokens on Base Skyrocket as AI Agent Demand Grows
The value of the Virtuals Protocol ecosystem surged by 28% over the last day, bringing the total market capitalization of the Base blockchain tokens to $1.9 billion, according to CoinGecko. The native token of the Virtuals Protocol, VIRTUAL, is currently trading at $1.38—up nearly 29% in the last 24 hours and 161% over the last week. It’s set an all-time…
Curve Finance Launches L2 Dex Leveraging Taiko’s Based Rollup Tech
Curve Finance has launched Curve-Lite, a decentralized exchange (dex) powered by the Ethereum layer two (L2) scaling solution Taiko, emphasizing scalability and cost-effectiveness for decentralized finance (defi) users. Curve-Lite: A Scalable Defi Solution Debuts on Taiko Curve Finance has introduced Curve-Lite, a decentralized exchange (dex) instance utilizing the L2 Ethereum scaling solution Taiko. According to […] Source: https://news.bitcoin.com/curve-finance-launches-l2-dex-leveraging-taikos-based-rollup-tech/