Bitcoin exchange-traded funds (ETFs) remain preferred choice of investment for institutional investors seeking exposure to bitcoin. Hedge Funds Keep Diversifying Portfolio With Bitcoin The recent 13F Securities Exchange Commission (SEC) filing for end of Q3 revealed that hedge funds such as Millennium Management, Capula Management, and Tudor Investment boosted their exposure to U.S. spot bitcoin […] Source: https://news.bitcoin.com/hedge-funds-double-down-on-bitcoin-etf-holdings/
Coinbase has already discontinued market trading of WBTC and is only facilitating limit orders. Source: https://cointelegraph.com/news/coinbase-delist-wbtc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Luce (LUCE), a Solana meme coin inspired by the cartoon mascot of the upcoming Catholic Holy Year, jumped in price Tuesday after a futures listing on major exchange, Bybit. It continued a hot streak for the token, which was minted just three weeks ago. The coin, which is up 13% over the past 24 hours at a current price above…
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license. Source: https://cointelegraph.com/news/paxos-acquires-membrane-finance-eu-stablecoin-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval. With this acquisition, Paxos is […] Source: https://news.bitcoin.com/paxos-to-acquire-membrane-finance-in-strategic-move-to-make-usd-backed-stablecoins-mica-compliant/
The Solana decentralized ecosystem (DeFi) is growing: Sky—formerly known as MakerDAO—has put its new stablecoin on the crypto network. According to Sky, the token, USDS, will be the DeFi-native stablecoin on Solana. Sky’s USDS stablecoin was launched in September. Sky runs on Ethereum and is one of the oldest DeFi projects in the space. USDS replaced DAI, the long-running Ethereum…
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said. Source: https://cointelegraph.com/news/pay-pal-taps-xoom-cross-border-stablecoin-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin (BTC) shattered records on Tuesday, reaching an eye-popping $93,975—a new all-time high. Bitcoin Rallies to $93,975, Liquidating $44.4M in Shorts The top cryptocurrency gained 3.3% against the U.S. dollar in the past day and climbed 7.5% this week. With a towering market cap of $1.86 trillion, bitcoin continues to command attention in the ever-evolving […] Source: https://news.bitcoin.com/bitcoin-reaches-93975-setting-a-new-all-time-high/
BTC ETF options launch, Russia-US tensions grow, ZEREBRO hits $470M BTC hits $92k, ‘$100k no longer a dream’. Blackrock BTC ETF options will launch today. MicroStrategy buys $4.6bn BTC, plans $1.75bn more. Binance creates stablecoin-like product at 20% APY. GS looking to spin out digital assets tech platform. California rules LIDO DAO is a General Partnership. Trump Media in talks…
Leading cryptocurrency Bitcoin (BTC) has broken its all-time high price mark once again, reaching a new peak of $93,521 early Tuesday afternoon per data from CoinGecko. Coinbase showed an even higher mark of $93,581. This comes following an impressive rally for the orange coin after pro-crypto candidate Donald Trump secured reelection as President of the United States. Bitcoin’s previous high…
