This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more. Source: https://cointelegraph.com/news/crypto-biz-wall-street-gets-taste-altseason?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Reports of Solana ETF Rejections Surface
Insiders are speculating that “the SEC won’t entertain any new crypto ETFs under the current administration.” SEC To Reject Solana ETF Applications, Insiders Say Rumors that the U.S. Securities and Exchange Commission (SEC) will deny at least two solana ETF applications surfaced on Friday after Fox Business Journalist Eleanor Terrett said in a post on […] Source: https://news.bitcoin.com/reports-of-solana-etf-rejections-surface/
Future Bitcoin price dips to $90K ‘routine profit taking’ — Why BTC traders keep buying
Traders bought up Bitcoin’s dips to $90,000, a sign that investors are confident in BTC prices above $100,000. Source: https://cointelegraph.com/news/b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EigenLayer to upgrade restaking rewards
The upgrades are designed to bring greater flexibility to EigenLayer’s restaking ecosystem. Source: https://cointelegraph.com/news/eigenlayer-upgrade-restaking-rewards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Seismic Changes Ahead? Polymarket and Kalshi Heat Up Over Trump’s Bold Second-Term Plans
With just 44 days left until Donald Trump’s inauguration, prediction markets are buzzing with bets about his first actions as the 47th U.S. president. On Polymarket, for instance, participants currently estimate a 91% probability that Trump will implement a large-scale deportation of undocumented immigrants within his initial 100 days in office. Will Trump Reshape America? […] Source: https://news.bitcoin.com/seismic-changes-ahead-polymarket-and-kalshi-heat-up-over-trumps-bold-second-term-plans/
Bitcoin ‘spinning top’ candle targets $115K after recent 15% BTC flash crash
Bitcoin’s rebound from this week’s flash crash re-set key price metrics and paved a path for BTC to chase after the $115,000 level. Source: https://cointelegraph.com/news/bitcoin-spinning-top-candle-targets-115-k-after-recent-15-btc-flash-crash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Eve Frontier’ Studio Offering Early Access to Ethereum Survival Game
CCP Games has unveiled Founder Access packs, a set of early access perks that will allow users an opportunity to play and participate in the development of its upcoming space survival game, Eve Frontier. The packs, available in three separate tiers ranging from $30 to $90, are currently on sale. On December 10, purchasers of the Founders Access benefits will…
Trump’s BTC reserve plan would be a ‘bad deal,‘ — ex-NY Fed president
Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s crypto supporters. Source: https://cointelegraph.com/news/federal-reserve-president-donald-trump-bitcoin-reserve-plan-bad-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase-Backed Yellow Card Seeks Nigerian License After South African Regulatory Win
Yellow Card, an African stablecoin platform, is taking steps to secure a license from Nigeria’s Securities and Exchange Commission (SEC) after obtaining a Crypto Asset Service Provider (CASP) license in South Africa. The CASP license has enabled Yellow Card to operate within South Africa’s regulatory framework, marking a significant milestone in its expansion across Africa. […] Source: https://news.bitcoin.com/coinbase-backed-yellow-card-seeks-nigerian-license-after-south-african-regulatory-win/
US jobs data points to likely rate cut in December — Grayscale
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin’s price higher. Source: https://cointelegraph.com/news/us-jobs-data-points-likely-rate-cuts-december-grayscale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound