Business – Page 404

BTC price consolidates at $113K ahead of potential US-China trade deal

The crypto market consolidated with bitcoin BTC$113,265.88 falling back to $113,100 and ether ETH$4,018.12 continues to struggle with the psychological level of support at $4,000. There are two key catalysts from a macro perspective this week: the Federal Reserve’s interest rate decision due later Wednesday and a potential trade deal between the US and China. […]

BTC price consolidates at $113K ahead of potential US-China trade deal Read More »

Australia’s ASIC signals wider monitoring of digital assets ahead of new licensing regime

Business / Leave a Comment

Australia’s markets regulator is tightening its approach to digital assets, expanding how financial laws apply to tokens, escrow and stablecoins as it prepares to introduce a new licensing regime. The Australian Securities and Investments Commission (ASIC) this week detailed expectations for the industry, saying many digital assets already meet the definition of financial products under

Australia’s ASIC signals wider monitoring of digital assets ahead of new licensing regime Read More »

Stablecoin Inflows Rise Ahead Of Fed Rate Decision: Crypto Daybook Americas

Business / Leave a Comment

By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin BTC$113,265.81 hovering around $113,000 after falling 1.4% in 24 hours, while the broader crypto market, as measured by the CoinDesk 20 (CD20) index, fell 2%. The declines come amid a rotation into stablecoins ahead of the Federal Reserve’s policy decision later today. A rate cut

Stablecoin Inflows Rise Ahead Of Fed Rate Decision: Crypto Daybook Americas Read More »

Deutsche Digital Assets and Safello will list the staked Bittensor ETP on the SIX Swiss Exchange

Business / Leave a Comment

Deutsche Digital Assets, a Germany-regulated provider of exchange-traded products (ETPs), plans to list an ETP that brings investors exposure to TAO$422.51a cryptocurrency linked to decentralized artificial intelligence, with the help of Nasdaq Nordic-listed broker Safello (SFL), the companies said on Wednesday. The Safello Bittensor Staked TAO ETP will trade on the SIX Swiss Exchange with

Deutsche Digital Assets and Safello will list the staked Bittensor ETP on the SIX Swiss Exchange Read More »

World Liberty Financial sends DKK 8.4 million. WLFI tokens for USD1 early adopters

Business / Leave a Comment

World Liberty Financial said it will distribute 8.4 million WLFI governance tokens to early participants in its USD1 points program, rewarding users who helped spur adoption of its stablecoin. Loading… In a post on X, the Trump-backed crypto project said the initial allocation will go to traders who earned points by using USD1 pairs or

World Liberty Financial sends DKK 8.4 million. WLFI tokens for USD1 early adopters Read More »

DBS, Goldman Sachs (GS) executes first over-the-counter interbank crypto options trade

Business / Leave a Comment

Two of the world’s most prominent financial institutions, DBS and Goldman Sachs (GS), said they executed the first-ever over-the-counter (OTC) cryptocurrency options trade between banks, marking a major step towards the institutionalization of digital assets in Asia. The trade involved cash-settled bitcoin BTC$113,019.79 and ether ETH$4,003.40 options that allow banks to hedge exposure linked to

DBS, Goldman Sachs (GS) executes first over-the-counter interbank crypto options trade Read More »

Cool interest rate cut today? BTC, SOL, ADA, XRP, DOGE Slide Ahead of FOMC Meeting

Business / Leave a Comment

Bitcoin hovered near $113,000 in Asian afternoon hours on Wednesday as traders positioned themselves cautiously ahead of this week’s Federal Reserve policy decision, with dwindling liquidity and a stronger dollar weighing on sentiment across risk markets. The world’s largest cryptocurrency is up 4.5% over the past week, but fell 0.7% in the past 24 hours,

Cool interest rate cut today? BTC, SOL, ADA, XRP, DOGE Slide Ahead of FOMC Meeting Read More »

Ripple trades higher during large flows, but the technical setup signals caution

Business / Leave a Comment

XRP advanced modestly as trading activity picked up, although momentum indicators warn of near-term consolidation risk. News background XRP rose 0.60% to $2,623, while trading volume rose about 47% above its seven-day moving average, indicating heightened institutional interest amid a lack of strong breakout catalysts. The token still faces resistance from a rejection near $2.68,

Ripple trades higher during large flows, but the technical setup signals caution Read More »

ETH Holds Above $4K, Arkham Says ‘BitMine Is Buying It’

Business / Leave a Comment

Ether ETH$4,027.90 hovered around $4,023 after repeated defenses of the $4,000 level when Arkham said on October 28 that BitMine pulled about $113 million of ETH from Bitgo and “bought the dip.” In a press release issued on October 27, Bitmine Immersion Technologies (BMNR) said its crypto, cash and “moonshots” totaled $14.2 billion, including 3,313,069

ETH Holds Above $4K, Arkham Says ‘BitMine Is Buying It’ Read More »

XRP and SOL Futures open interest on CME hits record high

Business / Leave a Comment

The CME-listed futures linked to XRP$2.6279 and Solana SUN$195.37 Monday saw record interest in a sign of steady demand for regulated products. The global derivatives giant saw a record 9,900 active XRP and micro-XRP contracts on Monday, along with 15,600 open positions in standard and micro-SOL futures. Together, these contracts corresponded to a theoretical open

XRP and SOL Futures open interest on CME hits record high Read More »