The U.S. Congress has long been trying to grant the Commodity Futures Trading Commission more direct authority over crypto spot markets, but the agency is forging ahead without it, and interim chief Caroline Pham is in talks with regulated exchanges to launch spot crypto products as soon as next month, according to people with direct knowledge of the plans. Even during the federal government shutdown that’s otherwise delaying crypto policy efforts in Washington, the people said that Acting Chairman Pham has been meeting personally with multiple financial platforms interested in…
Tag: Launch
Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details
In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with the X username PlanD has outlined one critical market condition. Bitcoin 50-Week EMA Holds Bullish Structure – Analyst In an X post on November 7, PlanD shares insightful analysis on Bitcoin’s latest price movement. The…
UN agency to launch blockchain education, advisory programs for governments
The United Nations is preparing to launch a blockchain academy for governments and a UN-led blockchain advisory group to assist countries in adopting the technology. The United Nations Development Programme (UNDP) plans to launch two initiatives aimed at helping countries adopt blockchain technology. Robert Pasicko, the leader of UNDP’s financial technology team, AltFinLab, told Cointelegraph at the UN City offices in Copenhagen, Denmark, that the organization plans to launch a blockchain education program for government officials alongside a blockchain advisory body. The initiative builds on the UNDP’s existing blockchain academy…
DeFi players launch alliance to champion Ethereum to policymakers
Major DeFi protocols on Ethereum have banded together to counter the so-called “outsized influence” of centralized crypto firms on US policymaking. Major Ethereum stakeholders have banded together to launch the Ethereum Protocol Advocacy Alliance, focused on coordinating “policy efforts” and educating lawmakers on the ecosystem. The Ethereum Protocol Advocacy Alliance was announced on Tuesday, with the EPAA emphasizing the importance of establishing the group to counter the apparent “outsized influence” that centralized crypto entities had in policymaking. “This imbalance has often left the…
Analyst Reveals What Ripple’s Latest Launch In The US Means For The XRP Price
Ripple’s latest acquisition has firmly positioned the company within the heart of the US financial market, expanding its influence in the country and drawing attention to the XRP price. The new US-based spot prime brokerage firm, Ripple Prime, signals a pivotal moment not only for Ripple’s ecosystem but for the future of XRP. As analysts weigh in on this groundbreaking launch, attention is shifting to how this new development could redefine XRP’s role within institutional trading, liquidity, and settlement. XRP Price In Focus After Ripple Prime US Launch In an…
Crypto.com, Hollywood.com to Launch Predictions Market for Movies, TV
Key Notes The platform enables real-time trading on entertainment outcomes from Broadway to award shows. Crypto.com holds FCM, DCM, and DCO licenses making it the first major crypto platform with all three in the US. The launch follows similar ventures by MoviePass’s Mogul and Kalshi’s $300M Series D funding round. Fintech platform Crypto.com has inked a deal with entertainment news website Hollywood.com to launch a predictions market platform covering film, television, and related awards events. The new platform will enable users to trade their “opinions on entertainment event contracts across…
LTC to $1,000? ETF Launch Fuels Bullish Forecast
Key Notes Crypto analyst Crypto Patel remains bullish, forecasting a potential LTC price surge to $500–$1,000 in the next altcoin season. Analyst CryptoWZRD noted that LTC’s latest daily close was indecisive, advising patience until bulls stage a breakout past $101.50. Canary Capital Litecoin ETF saw strong initial inflows of $1.64 million AUM, holding around 18,000 LTC. Over the broader crypto market sell-off, Litecoin LTC $91.55 24h volatility: 8.9% Market cap: $7.00 B Vol. 24h: $711.99 M is once again facing strong selling pressure, correcting 8% in the last 24 hours,…
Is XRP the Next Crypto ETF to Launch? Updated Filings Ignite Investor Optimism
XRP’s momentum is surging as major ETF filings ignite investor optimism, positioning the crypto as the next heavyweight to enter the institutional spotlight, fueling speculation of a near-term regulatory breakthrough. XRP ETF Momentum Builds as Bitwise and Canary Submit Amended Filings XRP’s rise toward ETF launch gained new momentum as two issuers — Bitwise Investment […] Source CryptoX Portal
Cathie Wood’s ARK Buys $5M in Bullish Shares as Exchange Marks US Launch
Cathie Wood’s ARK Invest has expanded its bet on Bullish, the digital asset exchange that recently went public on the New York Stock Exchange under the ticker BLSH, acquiring over $5 million worth of shares across multiple ETFs. According to daily trade disclosures from Friday, ARK Innovation ETF (ARKK) bought 72,537 Bullish shares, ARK Next Generation Internet ETF (ARKW) added 21,354, and ARK Fintech Innovation ETF (ARKF) purchased 11,122 shares. The new purchase comes as ARK Invest purchased $8.27 million in Bullish shares in mid-October through two of its funds.…
Steak ’n Shake Unveils Bitcoin Reserve as BTC Burger Rewards Launch Nationwide
Steak ’n Shake ignited industry buzz by launching a Strategic Bitcoin Reserve and a bitcoin rewards program, merging digital finance with fast food in a nationwide rollout that’s boosting sales, customer loyalty, and mainstream crypto adoption. Steak ’n Shake Unveils Strategic Bitcoin Reserve Alongside Burger Reward Program Steak ’n Shake announced on Oct. 31 the […] Original