Here’s what happened in crypto today
Today in crypto, Japan’s financial regulator is preparing to require exchanges to hold liability reserves for customer assets. Crypto investment products have seen nearly $5...
DeFi
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Bitcoin Giant Strategy Skips Bitcoin Buy With Stock Down 67% From Peak – Decrypt
In brief Strategy didn’t purchase any Bitcoin last week, per TD Cowen. The Bitcoin-buying firm’s stock price has fallen 38% this year. Michael Saylor recently...
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Here’s what happened in crypto today
Today in crypto, Japan’s financial regulator is preparing to require exchanges to hold liability reserves for customer assets. Crypto investment products have seen nearly $5...
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Stablecoins Could 'Pose Stability Risks,' ECB Says in Latest Warning – Decrypt
In brief The European Central Bank has again issued a warning over stablecoins. Major companies and banks have shown interest in issuing the tokens. U.S....
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Japanese watchdog to require exchanges to hold liability reserves: Report
The Financial Services Agency in Japan will reportedly require cryptocurrency exchanges to maintain liability reserves as part of measures to guard against hacks or unforeseen...
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Rumble Stock Jumps After Stablecoin Giant Tether Buys 1 Million Shares – Decrypt
In brief Shares in Rumble (RUM) are up more than 14% on Monday, recently changing hands at $6.51. The move comes amid news that stablecoin...
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Revolut hits $75B valuation following share sale, global push
Neobank Revolut has completed a share sale that values the company at $75 billion, placing it among the world’s most valuable fintechs. The funding deal...
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5 Reasons Why Bitcoin Crashed—And Why It Could Fall Further: Deutsche Bank – Decrypt
In brief Bitcoin has dropped from $126,000 to below $82,200 since early October, with $5 billion fleeing crypto ETFs Deutsche Bank cites five causes: risk-off...
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XRP jumps 8% as Franklin Templeton, Grayscale ETFs begin trading
Asset management company Franklin Templeton launched an exchange-traded fund tracking the XRP token on the NYSE Arca amid regulatory approvals clearing the way for other...
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TON Rallies 8% as Telegram Ecosystem Expands With AI Launch, Tokenized Stocks
TON, the native token of the Telegram-affiliated blockchain, surged 8.33% to $1.60 in the last 24 hours, driven by a mix of ecosystem milestones and...
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'Assassin's Creed' Maker Ubisoft Unveils Game Powered by Generative AI – Decrypt
In brief Ubisoft showcased an experimental game called Teammates that is powered by generative AI. Players interact with an in-game AI assistant through voice commands,...
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Bitcoin data calls $80K the bottom, analysts say BTC bulls are back
Bitcoin (BTC) traders are navigating through one of the fastest capitulation events since late 2022, but one market analyst argued that historical data confirms that...
