El Salvador will soon see its first regulated tokenized US Treasury Bill (T-Bill) offering, providing access to this investment vehicle for individuals and organizations previously excluded.
NexBridge Digital Financial Solutions, a licensed digital asset issuer in the country, has partnered with Bitfinex Securities to introduce this new product.
Bitfinex Securities Want to Raise $30...
The Ethereum address attributed to Vitalik Buterin has moved 32 ETH to Base and minted 400 Patron NFTs. These NFTs are part of the Truemarkets Fair launch, where over 40% of the TRUE token supply will be allocated to Patron holders during the upcoming token generation event (TGE).
Infinex, a decentralized trading platform from Synthetix, previously raised $65.3 million through the sale of...
On Sunday, November 17, Ripple’s (XRP) price hit $1 for the first in three years. This landmark also saw XRP volume rise to $24 billion, but as of this writing, that value has since dropped.
This decline indicates that interest in the altcoin is no longer as high as it was earlier. But how will this affect XRP’s price?
Market Attention to Ripple Drops
According to Santiment, XRP’s volume...
HBAR, the native cryptocurrency of the Hedera Hashgraph network, has seen a meteoric rise of over 180% in the past week. It currently trades at $0.13, a price high last observed in April 2024.
However, this rapid ascent has pushed the token’s price into overbought territory. This overextension suggests that a price correction may be imminent for the HBAR token.
Hedera Traders Overextends...
In a recent ruling, the Shanghai High Court stated that cryptoassets have “property attributes,” and Chinese law does not prohibit them outright. However, these protections only exist for crypto as a commodity, not as currency or business instrument.
These comments came in a fraud case involving two businesses and a failed token launch, and the Court condemned their actions in very strong...
Meme coins continue to dominate today’s trending altcoins, highlighting the ongoing meme coin supercycle in the crypto market.
BeInCrypto reports that the surge in interest and price appreciation has fueled their popularity. As of November 19, the top trending altcoins are ai16z (AI16Z), Sui (SUI), and Ponke (PONKE).
ai16z (AI16Z)
AI16Z is one of the trending altcoins because it is a...
Damian Williams, the prosecutor behind the FTX’s Sam Bankman-Fried trial, is potentially planning to leave the US District Court for the Southern District of New York before Trump takes office in January.
Reports from earlier in the week suggested that Trump is planning to replace Williams with Jay Clayton, the former SEC chair.
High-Profile Crypto Trials Under Damian Williams
Williams...
Robinhood Markets, Inc. announced the acquisition of the portfolio management platform TradePMR, fueling its momentum in the wealth management space.
According to their announcement, TradePMR has $40 billion in assets under management and serves the $7 trillion registered investment advisor (RIA) market.
Robinhood Acquires TradePMR, Eyes $90 Trillion Wealth Transfer Opportunity
Robinhood...
Shiba Inu’s recent rally brought significant optimism, with the meme coin recording a 65% rise this month. However, its upward trajectory has faced resistance, stalling attempts to continue its climb.
Despite this, the shift in momentum presents a chance for SHIB to breach a key multi-month resistance level.
Shiba Inu LTHs Take Charge
The MVRV Long/Short Difference highlights a positive...
Grayscale Investments has filed an updated prospectus for its Bitcoin Covered Call ETF (exchange-traded fund).
It signals a swift action after the Commodity Futures Trading Commission (CFTC) approved the listing of spot Bitcoin ETF options.
Grayscale Pursues Bitcoin Covered Call ETF
The fund, which will offer exposure to Bitcoin and the Grayscale Bitcoin Trust (GBTC), aims to generate...