“Upon completion of the acquisition, Paxos will be a fully licensed EMI in Finland and the EU,” the company said Tuesday. “Paxos intends to make its portfolio of assets and tokenization solutions compliant with Markets in Crypto Asset (MiCA) regulations.” Source
Day: November 19, 2024
El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering
The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said. Source
CoinDesk 20 Performance Update: HBAR Gains 13.3%, Leading Index Higher from Monday
Render was also among the top performers, gaining 5.1%. Source
Ethereum ETFs Falter With $39M Losses as Bitcoin ETFs Steal the Show
On Monday., Nov. 18, spot bitcoin exchange-traded funds (ETFs) had an impressive showing, attracting $254.82 million in positive inflows. Meanwhile, the nine spot ether ETFs faced a tough day, recording losses during trading. Crypto Clash: Bitcoin ETFs Surge With $254M Inflows as Ethereum Stumbles With $39M Outflows Spot bitcoin ETFs clearly stole the spotlight. Leading […] Original
5 cryptos ready to deliver 20,000% growth
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Major rallies reignite interest in the crypto market as investors hunt for the next big winners, with XYZVerse leading the pack as a promising sports-themed memecoin. Significant rallies among major tokens have reignited investor interest, sparking a search for the next breakout stars poised for extraordinary growth. A select few cryptocurrencies are emerging on the radar, promising the potential for substantial returns in the coming year for those who…
Dogecoin To $1? The Timing May Surprise You, Says Analyst
Este artículo también está disponible en español. Crypto analyst Kevin (@Kev_Capital_TA) is projecting a significant surge for the Dogecoin price, anticipating it to reach between $1 and $2 by the end of December or early January. This bullish forecast comes amid skepticism about the current breakout patterns observed in the memecoin. One Last Dip For Dogecoin Price Before $1? Over the past week, from November 12 to 19, Dogecoin formed a falling wedge—a pattern often considered bullish—on the lower timeframes. On November 19, the crypto asset broke out of this…
Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’
Blackrock Inc.’s head of digital assets, Robert Mitchnick, recently shared his thoughts on bitcoin during a conversation with Yahoo Finance. Mitchnick stated that he doesn’t consider bitcoin to be a “risk-on asset.” His remarks coincided with the debut of Blackrock’s Ishares bitcoin exchange-traded fund (ETF) options on Nasdaq, signaling a significant development in the company’s […] Original
Bitcoin (BTC) ETF Options Are a Big Deal. Here’s Why
Bitcoin ETF options trading in the U.S. is expected to start today. Options on BlackRock’s iShares Bitcoin Trust (IBIT) ETF cleared the last regulatory hurdle on Monday, and they could bring more institutional appetite for the largest cryptocurrency. “This marks a monumental shift,” 10x Research said in a Tuesday newsletter. The products “could attract significant trading volumes, potentially driving sharp price rallies in bitcoin,” it said. For example, MicroStrategy (MSTR), the Nasdaq-listed company that owns the largest corporate BTC treasury in the world, is punching above its weight due to…
After Binance’s Costly Lesson, Do Rival Crypto Exchanges Risk Running Afoul of U.S. Rules?
Bybit, Bitget and OKX, three of the largest cryptocurrency exchanges, all prohibit traders from the U.S., where the companies are not licensed. Yet in August, the three exchanges combined had almost a million monthly active users (MAUs) in the U.S., according to research by Sensor Tower obtained by CoinDesk. Source
XRP On Fire: Over 90% Weekly Growth Catapults Altcoin To Fresh 2-Year High
XRP peaked to $1.26, marking a new two-year-high for the coin. The uplift in the value of XRP has happened at a time when the rest of the cryptocurrency market anticipates some regulatory overhauls in the US, and more so after the results of the US elections. With over 90% gains within seven days, XRP’s price rally has brought back the excitement of investors towards the Ripple token. Last Friday, the cryptocurrency closed at $1.05, a whopping 116% monthly increase. For comparison, XRP was barely moving at $0.50 a week…