Business

BNB is now down 11% from record highs despite Coinbase Roadmap listing

Business / Leave a Comment

BNB is now down 11% from its all-time high of $1,370 this week, hitting an intraday low of $1,151.50 before stabilizing near $1,180. Its latest addition to Coinbase’s listing roadmap hasn’t helped it recover. The drop triggered more than $630 million in liquidations across 210,000 trading accounts as the market turned risk-off. The token’s 24-hour […]

BNB is now down 11% from record highs despite Coinbase Roadmap listing Read More »

Visa says it will build the rails for lending in ‘Onchain Finance’, its new name for DeFi

Business / Leave a Comment

Visa built the world’s largest payments network, pushing nearly $16 trillion in payments through its virtual pipes. Now it wants to do the same for lending in the world of decentralized finance (DeFi). The report titled Stablecoins Beyond Payments: The Onchain Lending Option, reframes decentralized finance as “onchain finance”—a deliberate rebrand aimed at making decentralized

Visa says it will build the rails for lending in ‘Onchain Finance’, its new name for DeFi Read More »

BTC faces heavy selling pressure despite seasonally bullish expectations

Business / Leave a Comment

Bitcoin continues to trade sluggishly around the $110,000 level and remains under pressure compared to gold. Onchain data from Glassnode shows that selling pressure from long-term holders (LTHs) is intensifying. Glassnode defines LTHs as investors who have held bitcoin for 155 days or more. Currently, LTHs have a combined approximately 14.5 million BTC, but they

BTC faces heavy selling pressure despite seasonally bullish expectations Read More »

Australia’s government proposes new powers for AUSTRAC to restrict crypto ATMs

Business / Leave a Comment

Australia’s Home Affairs Minister Tony Burke is looking to give new powers to the country’s anti-money laundering watchdog to crack down on cryptocurrency ATMs. Burke proposed measures to enable the Australian Transaction Reports and Analysis Center (AUSTRAC) to restrict or ban certain high-risk products, according to an announcement on Thursday. The announcement did not describe

Australia’s government proposes new powers for AUSTRAC to restrict crypto ATMs Read More »

Ripple Buildout Near $2.40 Could Precede Sharp Relief Rally

Business / Leave a Comment

Heavy institutional selling wipes out 10 billion. USD in market capitalization as leverage settles across derivatives markets. News background XRP endured one of its steepest one-day declines this month, falling 6% from $2.49 to $2.41 between October 14 and 15. The drop followed sustained whale distribution, with 2.23B tokens – worth around $5.5B – moved

Ripple Buildout Near $2.40 Could Precede Sharp Relief Rally Read More »

France’s Lise wins license to launch Europe’s first tokenized exchange

Business / Leave a Comment

Paris-based Lise (Lightning Stock Exchange) has become the first company in Europe to be approved to operate a fully tokenized stock exchange, the company said on Thursday. The exchange, which targets the SME IPO market in France, received a DLT TSS license from France’s financial regulator, ACPR, under the EU’s Distributed Ledger Technology Pilot Regime,

France’s Lise wins license to launch Europe’s first tokenized exchange Read More »

There’s a $200K Bug Hunt for XRPL’s New Institutional Lending Protocol

Business / Leave a Comment

Fintech company Ripple is partnering with security platform Immunefi for an upcoming “Attackathon” event designed to put a new decentralized financial protocol on XRPL through rigorous testing. The event will offer $200,000 in rewards to participants who help identify vulnerabilities in the proposed XRPL Lending Protocol, a new system designed to bring time-limited, unsecured loans

There’s a $200K Bug Hunt for XRPL’s New Institutional Lending Protocol Read More »

Bitcoin Holds Near $111,000 As Traders Weigh China Retaliation, SOL, DOGE, ADA Lead Losses

Business / Leave a Comment

Bitcoin hovered around $111,000 on Thursday afternoon Hong Kong time, steady after another volatile stretch as China’s latest retaliatory trade measures against the United States reignited risk aversion across global markets. The broader crypto market slipped back into cautious mode, with total capitalization unchanged at around $3.8 trillion. Ether ETH$4,044.48 traded near $4,000, BNB at

Bitcoin Holds Near $111,000 As Traders Weigh China Retaliation, SOL, DOGE, ADA Lead Losses Read More »

How far can prices drop below $107K-$110K Support?

Business / Leave a Comment

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoins BTC$111,167.91 The price recovery after Friday’s crash has been tepid at best, leaving prices dangerously close to the key support zone. The result here could form the basis for significant features. BTC rose to $116,000 after Friday’s sharp decline, which

How far can prices drop below $107K-$110K Support? Read More »

Scroll to Top