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Browsing Category
Crypto
Hang Seng Taps Ethereum for Planned Tokenized Gold Fund Units
Hang Seng Investment Management has rolled out a new physically backed gold exchange-traded fund (ETF) in Hong Kong, with an option for future tokenized access to the asset.The…
UAE’s First Central Bank‑Registered US Dollar Stablecoin Launches
Abu Dhabi-based Universal Digital has launched USDU, the first US dollar‑backed stablecoin to be registered by the Central Bank of the United Arab Emirates (CBUAE) as a Foreign…
Ethereum Exchange Balances Fall as Staking Activity Accelerates
Ether held on crypto exchanges has declined over the last six months as the price of Ether has held steady, while holders are continuing to participate in staking, according to…
Cere Network Hit With Second Lawsuit Alleging Fraud
The co-founder and board of crypto infrastructure platform Cere Network have been hit with a $100 million lawsuit claiming they undertook a pump-and-dump scheme that stole millions…
Liquidity Will Decide BTC’s Next Rally: Glassnode
Bitcoin price breakouts fail to hold due to insufficient bid-side liquidity. Glassnode analysis identifies the key metrics that are likely to mark the next phase of BTC price…
US Senators Challenge Deputy AG Over Crypto Taskforce Shutdown
Six US senators have challenged Deputy Attorney General Todd Blanche for shutting down the Department of Justice’s (DOJ) cryptocurrency enforcement team in April last year while…
Bitcoin Rangebound As Traders Manage Risk Via Options
High Bitcoin options volumes indicate there is still significant interest and capital present in crypto derivatives markets, according to derivatives exchange Deribit, but risk is…
Bitcoin Bulls Target $93.5K As Short Positions Turn Into A Magnet
Bitcoin retreated from intraday highs after the US Fed left interest rates unchanged, but futures market data suggests traders may attempt to seize the short liquidity in BTC’s…
Strive Buys BTC, Pays Off Debt from Semler Scientific Deal
Bitcoin treasury company Strive said it has retired 92% of the debt it inherited after acquiring Semler Scientific earlier this month, and bought another 334 Bitcoin, following the…
Fed Pauses Rates as Weak Dollar Shapes Bitcoin, Crypto Outlook
The US Federal Reserve voted to leave interest rates unchanged on Wednesday, a decision that was widely anticipated by investors. While the move signals a pause for now, market…