Category: Analysis

Aster’s Rocket Launch Campaign Sparks 15% Price Breakout

Key Notes The Rocket Launch initiative rewards traders with ASTER and project tokens funded through buybacks and partner contributions. CZ’s pardon amplified bullish sentiment across BNB ecosystem tokens, particularly those he has publicly endorsed like Aster. Whale accumulation drove the price surge despite lower retail participation, as indicated by declining trading volume during the rally. ASTER posted a strong 15% rally on October 23, as its price climbed from just under $1.00 to an intraday peak of $1.11, propelling its market capitalization past $2.2 billion. The surge followed the official…

Fidelity Enables Solana Trading For US Brokerage Clients Amid SOL ETF Approval

Key Notes Asset manager Fidelity with $5.8 trillion AUM now offers SOL trading to clients, matching its Bitcoin and Ethereum offerings. Hong Kong’s securities regulator greenlit ChinaAMC’s Solana spot ETF for October 27 launch, ahead of US approval expectations. Market momentum pushed Solana’s price from $180 to $192, making it the top performer among major cryptocurrencies that day.Reintentar. Solana SOL $191.5 24h volatility: 5.6% Market cap: $104.68 B Vol. 24h: $7.04 B secured another major institutional endorsement on October 23 after asset management firm Fidelity listed its native coin, SOL,…

BlackRock is Buying BTC and ETH While Grayscale is Selling; What’s Next?

Key Notes BlackRock removed 681 BTC and 6,000 ETH from Coinbase Prime, indicating purchases totaling nearly $100 million in assets. Grayscale deposited 525 BTC and 21,030 ETH to the same exchange, suggesting intentions to liquidate over $138 million worth. The opposing movements align with October 22 data showing investors shifting from Grayscale products to BlackRock alternatives. Onchain analyses suggest BlackRock could be buying more Bitcoin BTC $110 797 24h volatility: 2.7% Market cap: $2.20 T Vol. 24h: $61.34 B and Ethereum ETH $3 915 24h volatility: 2.4% Market cap: $469.73…

Blockchain.com Receives MiCA License in Malta, Appoints FIMA Chair as Director of EU Operations

Key Notes The Malta-issued license positions the firm to expand compliant custody and treasury services throughout Europe. Recent Singapore regulatory approval demonstrates Blockchain.com’s global expansion strategy beyond European markets. The company strengthens governance ahead of potential US public listing through SPAC merger discussions. Luxembourg-based fintech firm Blockchain.com can legally offer wallet and custody services in the European Economic Area (EEA) after securing its Markets in Crypto-Assets (MiCA) license from the Maltese Financial Services Authority (MFSA). Blockchain.com CEO Peter Smith shared the news in an Oct. 23 post on X, calling…

Trump Grants Pardon to Binance Founder Changpeng Zhao

Key Notes White House labels CZ’s prosecution as part of Biden’s alleged war on cryptocurrency innovation. Reports reveal Trump family discussions with Binance about US division investment amid pardon campaign. Presidential pardon removes legal barriers but doesn’t automatically restore Zhao’s executive authority at Binance. President Donald Trump has issued a pardon to Changpeng Zhao (CZ), the founder of the cryptocurrency exchange Binance, the White House said on Thursday, October 23. The pardon follows Zhao’s 2023 conviction for failing to maintain an adequate anti-money-laundering system. Zhao had served a four-month sentence…

Shiba Inu Burn Rate Jumps 2,713%

Key Notes SHIB supply was crushed today after its burn rate spiked by 2,713%. With the latest incineration of 4,764,442 tokens, the total SHIB burn for the initial supply is 410,752,702,962,590. SHIB price increased by only 0.89% amid a stalled push to monthly high. Shiba Inu SHIB $0.000010 24h volatility: 1.2% Market cap: $5.94 B Vol. 24h: $172.94 M has seen its burn rate spike by 2,713% in the last 24 hours, per data from Shibburn, the dedicated burn tracker for the protocol. This burn marks further supply shock for…

KuCoin Launches KuPool for DOGE & LTC Mining, BTC Next

Key Notes KuCoin has launched KuPool, a new mining pool service starting with Dogecoin and Litecoin. The platform will feature a transparent, trust-based hash rate verification model. Bitcoin mining support and additional proof-of-work tokens will be added soon. Seychelles-based crypto exchange KuCoin has announced the launch of its new mining pool service, KuPool. The initiative offers support for proof-of-work (PoW) assets such as Dogecoin DOGE $0.20 24h volatility: 2.2% Market cap: $29.64 B Vol. 24h: $1.95 B , Litecoin LTC $93.89 24h volatility: 1.4% Market cap: $7.18 B Vol. 24h:…

Bitcoin Supporters Slam Carlson for CIA Satoshi Claim

Key Notes Tucker Carlson has chosen to invest in gold and not Bitcoin because of the unknown identity of Satoshi Nakamoto. He recently claimed that the pseudonymous Bitcoin creator may be connected to the CIA. His statement earned him intense backlash from Bitcoin bulls like Jack Mallers. Tucker Carlson has faced intense backlash for suggesting that pseudonymous Bitcoin BTC $109 673 24h volatility: 1.6% Market cap: $2.19 T Vol. 24h: $65.01 B creator Satoshi Nakamoto is likely linked to the CIA. Bitcoin Marxists and supporters spared the American conservative political…

Reform UK Leader Farage Opens Party for Crypto Donations

Key Notes Reform UK begins accepting crypto donations. Nigel Farage says he was pro-crypto before Trump, dismissing copycat claims. The party plans pro-crypto reforms, including a Bitcoin reserve and lower crypto taxes. British populist leader Nigel Farage announced that Reform UK has started receiving crypto donations. The party had already received “a couple” of crypto donations but did not specify the amount or the donors. Farage clarified that, to his knowledge, no crypto companies have directly donated to the party. However, he added that there may have been some event-related…

CZ Challenges Peter Schiff on Gold Tokenization

Key Notes Bitcoin critic Peter Schiff announced plans to launch a tokenized gold product, allowing users to buy and transfer gold digitally. Changpeng Zhao stated that tokenized gold often depends on trust in third-party custodians, making them “trust me bro” tokens. Schiff defended the model, arguing that gold has long relied on trusted custodians like Brinks. Bitcoin BTC $109 221 24h volatility: 1.6% Market cap: $2.18 T Vol. 24h: $72.43 B critic Peter Schiff is entering the real-world assets (RWA) tokenization space, planning to launch a tokenized gold product. However,…