ICO Archives

Ripple Steps Toward RLUSD Launch By Announcing Exchange Partners for Its Stablecoin, Awaits Approval From NYDFS

October 15, 2024

MIAMI, U.S. – Ripple named exchange and market maker partners for its upcoming dollar-pegged stablecoin, RLUSD, on Tuesday at the Ripple Swell 2024 conference in Miami, Florida. The firm also added ex-Federal Deposit Insurance Corporation (FDIC) chair, Sheila Bair, and David Puth, the former CEO of Centre, a consortium which set standards for USD Coin (USDC), to the advisory board for its stablecoin. Source

Cash-Margined Bitcoin Futures are More Popular Than Ever as Open Interest Reaches New Highs

October 15, 2024

Cash-Margin denominated in bitcoin hits all-time high of 384k BTC ($25.5B) Source

Two companies fined a total of £150k after bombarding people with spam texts offering financial, debt services

October 15, 2024

We have fined two Manchester based financial and debt management companies a total of £150,000 for sending in excess of 7.5million spam text messages to people. Both Quick Tax Claims Limited, a company focusing on PPI tax refunds, and National Debt Advice Limited, a debt counselling advice service, first came to our attention in May 2023 when a number of complaints were sent to the 7726 spam message reporting service. A wider investigation revealed that Quick Tax Claims Limited had sent 7,863,547 unlawful text messages over the course of a…

SingularityDAO Plans to Merge With Cogito Finance, SelfKey to Form AI-Focused Layer-2

October 15, 2024

The three projects’ tokens will consolidate into Singularity Finance (SFI). Source

CME’s Bitcoin (BTC) Friday Futures Are Ideal for News Traders: CF Benchmarks

October 15, 2024

The shorter duration limits the gap between futures and spot prices, ensuring a lower premium than monthly standard and micro futures contracts. The lower premium means the contango bleed, or the cost incurred from moving positions from the impending expiry to the following Friday expiry, is relatively less than extended duration contracts, leading to improved profitability. Source

This Chart Indicates Bitcoin May Be Headed For Record Highs Above $73K: Technical Analysis

October 15, 2024

While the breakout on the line break chart indicates the scope for a rally to new peaks, traders should be watchful of two things, the first being the candlestick chart, which shows bulls have consistently failed to secure a foothold above $70,000 since March. Prices could again encounter stiff resistance around that level. Source

Kamala Harris to Back Crypto Reg Framework in Speech Today, Campaign Says

October 14, 2024

“Vice President Harris knows that more than 20% of Black Americans own or have owned cryptocurrency assets, which is why her plans will make sure owners of and investors in digital assets benefit from a regulatory framework so that Black men and others who participate in this market are protected,” a press release said. Source

Does World Liberty Financial Count as Trump ‘Launching a Coin’? Polymarket Bettors Are Divided

October 14, 2024

Another No holder by the name of Lawyered.eth points to language from the white paper, first reported by CoinDesk, which reads: “World Liberty Financial is not owned, managed, operated, or sold by Donald J. Trump, the Trump Organization, or any of their respective family members, affiliates, or principals… World Liberty Financial and $WLFI are not political and have no affiliation with any political campaign.” Source

Man Who Accidentally Sent $527M in Bitcoins to Dump Sues Local Council to Retrieve Them: Report

October 14, 2024

Over the last decade, Howells had made requests to Newport Council – proprietors of the landfill where the hard drive ended up – to retrieve it, but he claims he has been “largely ignored.” He is now suing the council for damages of 495 million pounds ($646 million), representing the peak valuation that 8,000 BTC reached earlier this year. Source

Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles

October 14, 2024

Trading firm QCP Capital said the move was similar to BTC’s price action in 2016 and 2020 before the U.S. elections. Source