More than half of wealth advisers in the United States surveyed by Bitwise say they’re more open to investing in cryptocurrency after Trump won the US election in November. Source: https://cointelegraph.com/news/financial-advisors-more-likely-invest-crypto-donald-trump-president-bitwise-survey?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Block could be the first firm with a BTC strategy in the S&P 500: VanEck
While firms like Tesla are already in the S&P 500, VanEck’s Matthew Sigel says Block Inc. could be the first company in the index with an “explicit strategy” for accumulating Bitcoin. Source: https://cointelegraph.com/news/block-bitcoin-strategy-sp-500-inclusion-van-eck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple Unleashes RLUSD on Bitstamp With High-Impact Trading Pairs
Ripple USD (RLUSD) has debuted on Bitstamp, offering global liquidity in key pairs and emphasizing stability, compliance, and utility for payments, tokenization, and decentralized finance. RLUSD Rolls Out on Bitstamp With Global Liquidity in Key Trading Pairs Ripple USD (RLUSD), an enterprise-grade stablecoin pegged to the U.S. dollar, has been introduced on crypto exchange Bitstamp, […] Source: https://news.bitcoin.com/ripple-unleashes-rlusd-on-bitstamp-with-high-impact-trading-pairs/
US Senator Vows to Reverse Harm SEC’s Gary Gensler Inflicted on Crypto
A U.S. senator vowed to undo SEC Chair Gary Gensler’s crypto policies, backing a nominee expected to champion innovation and create a friendlier regulatory environment. US Lawmaker Pledges Swift Action to Undo Gensler’s Crypto Disruption U.S. Senator Tim Scott (R-S.C.) voiced his support for Paul Atkins’ nomination to a prominent financial regulatory role in a […] Source: https://news.bitcoin.com/us-senator-vows-to-reverse-harm-secs-gary-gensler-inflicted-on-crypto/
UK order clarifies crypto staking is not a collective investment scheme
The UK Treasury has amended finance laws to clarify that crypto staking isn’t a collective investment scheme, which a lawyer says is “heavily regulated.” Source: https://cointelegraph.com/news/uk-crypto-staking-not-collective-investment-schemes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Thai police seize nearly 1,000 Bitcoin miners in raid: Report
The registered crypto trading firm allegedly stole “hundreds of millions of baht” from electricity providers, coming out to at least $2.88 million. Source: https://cointelegraph.com/news/thai-seizes-1000-bitcoin-miners-from-alleged-elecricity-thieves?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aptos Adopts Chainlink Standard to Advance Web3 Development
Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds. The integration aims to support the creation of secure and efficient applications, leveraging […] Source: https://news.bitcoin.com/aptos-adopts-chainlink-standard-to-advance-web3-development/
Crypto Economy Tumbles: Bitcoin Nears $90K as Sell-Off Intensifies
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22 trillion. Bitcoin Battles to Stay Afloat as Market Faces South Korean Premium Over the preceding […] Source: https://news.bitcoin.com/crypto-economy-tumbles-bitcoin-nears-90k-as-sell-off-intensifies/
XRP price preps for 'powerful move' above $2.90 as sentiment metrics signal optimism
XRP’s market structure suggests that the altcoin is gearing up for a run to new all-time highs. Source: https://cointelegraph.com/news/xrp-price-preps-for-powerful-move-above-2-90-as-sentiment-metrics-signal-optimism?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wrapped Bitcoin Derivatives: Concerns Around Lack of Transparency Emerge
It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according to a blog post by Bitcoin […] Source: https://news.bitcoin.com/wrapped-bitcoin-derivatives-concerns-around-lack-of-transparency-emerge/