Key Notes Circle and Deutsche Börse Group have signed a Memorandum of Understanding to advance stablecoin use in Europe. The partnership will focus on listing stablecoins on Deutsche Börse’s platforms and enabling institutional custody. The EU’s new Markets in Crypto-Assets (MiCA) regulatory framework supports the move. Circle, the global financial technology firm behind USDC USDC $1.00 24h volatility: 0.0% Market cap: $73.38 B Vol. 24h: $16.27 B , is partnering with Germany’s Deutsche Börse Group to deepen stablecoin adoption within traditional European financial markets. The two entities announced on Sept.…
Category: Reviews
Bitcoin Demand Hits 1-Year Low: What’s Next for BTC?
Key Notes Bitcoin taker buy volume falls to its weakest level since early 2024. BTC trades around $113,200, down 9% from its all-time high in August. Analysts warn of weak demand but many are bullish on October gains trend. . Bitcoin’s BTC $112 910 24h volatility: 0.9% Market cap: $2.25 T Vol. 24h: $61.52 B buying pressure has weakened to its lowest point in a year, raising questions about where the world’s largest cryptocurrency is headed next. Data from CryptoQuant shows that the monthly moving average of Taker Buy Volume…
Republic & Animoca Expand Tokenization on Solana
Key Notes Republic, a global investment platform, is aiming for the tokenization of Animoca Brands’ equity. This will mark a milestone for Animoca Brands, which has not had its shares listed on any known public exchanges. Solana’s high speed and low transaction fees have helped position it in the spotlight. Global investment platform Republic has hinted at plans to tokenize Animoca Brands’ equity. This is an avenue through which investors all over the world can gain exposure to the leading Web3 firm. Moreover, this access will be granted within a…
Visa Launches Stablecoin Payments for Cross-Border Use
Key Notes On September 30, Visa stated that it would now allow businesses to use stablecoins instead of pre-depositing cash in local accounts. The prefunding pilot for the initiative will be rolled out soon through Visa Direct. In the past, Visa has shown massive support for stablecoins and broader digital innovations. Global payments company Visa Inc. has kick-started a process that would allow it to utilize stablecoins for cross-border remittances. It announced the new development on Sept. 30, citing that the prefunding pilot for the initiative will be rolled out…
Sonic Rises 7% on $25M Ecosystem Fund Launch
Key Notes CMCC Global announces “Resonance,” a $25 million Sonic ecosystem fund. Sonic (S) gained over $50 million in market cap in the past 24 hours. Trading volume jumps 70% to $126 million amid investor optimism. On Sept. 30, the Sonic (S) token recorded a strong 7% price surge, adding more than $50 million to its market capitalization in just one day. The rally comes as venture capital firm, CMCC Global, launched a $25 million fund designed to accelerate growth in the Sonic ecosystem. The fund, called “Resonance,” targets innovative…
SEC Halts QMMM Trading After 1,000% Crypto Rally
Key Notes The rally followed QMMM’s announcement of a $100 million crypto treasury investing in Bitcoin, Ethereum, and Solana. The securities regulator cited concerns over potential market manipulation linked to anonymous social media promotions. Corporate crypto adoption is expanding rapidly, with nearly 200 publicly traded firms holding over $112 billion in digital assets. The US Securities and Exchange Commission (SEC) has recently charged out on Solana Treasury firm QMMM Holdings, with its stock price gaining 1000 % in just 25 days. The SEC alleges that the rally was fueled by…
Ethereum Targets $4.3K Amid Whale and Treasury Buying
Key Notes Ether closes Q3 with over 68% return, eyeing the $4,300 resistance. Major wallets and corporate treasuries expand Ethereum holdings. Analysts hint at a potential year-end rally, with price targets above $5,700. Ethereum ETH $4 161 24h volatility: 0.9% Market cap: $501.84 B Vol. 24h: $36.33 B is steadily moving toward the critical $4,300 level, after recording a 2.2% daily gain on September 30. The world’s second-largest cryptocurrency is currently trading around $4,190, wrapping up the third quarter with a 68% return. Recall Ethereum’s performance in 2020, when a…
Solana (SOL) Attempts Recovery – Yet Lacking Momentum Could Stall Bullish Breakout
Solana found support near the $192 zone. SOL price is now attempting to recover from above $200 and faces hurdles near $215. SOL price started a recovery wave above $200 and $202 against the US Dollar. The price is now trading above $202 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $204 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another decline if it stays below $215 and $220. Solana Price Eyes Recovery…
XRP Moves Higher – Approaching Resistance That Could Decide Next Trend
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Coinbase Stock Price Soars 6% amid BlackRock’s Latest $250M Deposits in BTC, ETH
Key Notes BlackRock deposited nearly 50,000 ETH and 340 BTC worth $244 million combined into Coinbase Prime on Monday. The asset manager currently holds $86 billion in Bitcoin and $16 billion in Ethereum through spot ETF products as of September 29. Coinbase stock performance often serves as a directional indicator for institutional sentiment toward cryptocurrency markets. Coinbase price made a positive start to the week with a 6% rebound on Monday, Sept. 29, despite persistent bearish headwinds dominating the crypto market since the US Federal Reserve’s rate cut on Sept.…