“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” says Bitcoin custody firm Theya Head of Growth Joe Consorti. Source: https://cointelegraph.com/news/why-us-spot-bitcoin-options-launch-such-a-big-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks
Binance has clarified its forthcoming BFUSD asset is not a stablecoin as crypto users started freaking out over its promise of high yields. Source: https://cointelegraph.com/news/binance-clarifies-bfusd-not-stablecoin-x-users-question-yield?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge rejects Kraken’s bid to challenge decision in SEC case
Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. Source: https://cointelegraph.com/news/us-judge-rejects-kraken-bid-appeal-sec-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion
According to “people familiar with the matter” who spilled the beans to the Wall Street Journal (WSJ), Coinbase CEO Brian Armstrong reportedly met with U.S. President-elect Donald Trump on Monday. WSJ reporter Brian Schwartz claims the meeting would be the first since Election Day on Nov. 5 and the two will discuss “personnel appointments for […] Source: https://news.bitcoin.com/coinbase-ceo-brian-armstrong-and-trump-reportedly-hold-private-discussion/
Ransomware’s Mastermind Faces Justice: DOJ Targets Global Cybercrime Operation
A Russian ransomware kingpin extradited from South Korea to the U.S. faces charges for orchestrating the $16 million Phobos malware targeting global critical infrastructure. Justice Catches Up: The Fall of a Ransomware Kingpin The U.S. Department of Justice (DOJ) announced Monday that Evgenii Ptitsyn, a 42-year-old Russian national, has been extradited from South Korea to […] Source: https://news.bitcoin.com/ransomwares-mastermind-faces-justice-doj-targets-global-cybercrime-operation/
Netherlands-Based Quantoz Launches Stablecoins EURQ, USDQ Amid Regulatory Push
Netherlands-based Quantoz Payments has introduced two Ethereum-based stablecoins, EURQ and USDQ, as it seeks to carve a niche in the competitive stablecoin market by aligning with evolving European regulatory standards. The new stablecoins will be listed on major cryptocurrency exchanges Bitfinex and Kraken, both of which are investors in Quantoz alongside venture capital firm Fabric Ventures. By leveraging partnerships with…
Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets
Goldman Sachs is planning to spin off its digital assets platform into an independent company, aiming to enable large financial firms to create, trade, and settle instruments via blockchain. Mathew McDermott, Goldman’s global head of digital assets, revealed that the initiative is in early stages, with a spin-out goal set within 12 to 18 months, […] Source: https://news.bitcoin.com/goldman-sachs-unveils-plan-for-independent-digital-asset-platform-to-reshape-markets/
US lawmakers demand Treasury answer what it's doing about Tornado Cash
The Democrat members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned. Source: https://cointelegraph.com/news/us-lawmakers-question-what-treasury-tornado-cash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact
Bitcoin’s projected surge to $200,000 gains momentum as analysts cite pro-crypto policies, sovereign-led demand, and growing institutional adoption reshaping the market’s future. As Analysts Reaffirm $200K, the Pressure Mounts on Bitcoin Bears Leading research and brokerage firm Bernstein reiterated in a client note Monday that bitcoin could reach $200,000 by 2025, maintaining its earlier prediction. […] Source: https://news.bitcoin.com/analysts-bitcoin-200k-target-fuels-bullish-fire-bears-brace-for-impact/
MicroStrategy Plans $1.75 Billion Convertible Notes Offering to Expand Bitcoin Holdings
The early bird gets the worm, or so the adage goes. In the case of MicroStrategy, it’s been just over four years of steadily stacking Bitcoin—and it wants more. MicroStrategy said Monday evening that it plans to raise $1.75 billion through convertible notes to buy more of the world’s largest crypto and for “general corporate purposes.” The zero-interest senior notes…