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Browsing Category
Crypto
Circle Wins Abu Dhabi License as UAE Speeds Up Crypto Rules
Stablecoin issuer Circle has secured regulatory approval to operate as a financial service provider in the Abu Dhabi International Financial Center, deepening its push into the…
Polymarket Volume Double Counted In Analytics Dashboards
Some of the reported trading activity and volume of prediction market platform Polymarket may be significantly higher than actual reality due to a “data bug,” according to a…
Bitcoin Leaves Exchanges as ETFs Absorb Supply and Holders Stay Bullish
There are at least 400,000 fewer Bitcoin on exchanges compared to the same time last year, in a positive sign for the market, according to the market intelligence platform…
Crypto Index Funds To Popularize With Market Complexity
Funds that track a basket of cryptocurrencies are likely to rocket in popularity next year as investors look to get easy exposure to a broader range of digital assets, according to…
Tether Backs $81M Funding Round For Generative Bionics
Stablecoin giant Tether has announced it is one of the backers of an $81 million funding round for an Italian artificial intelligence startup aiming to build advanced humanoid…
Fitch Ratings Warns It Could Downgrade Banks With Large Crypto Exposure
International credit rating agency Fitch Ratings has warned that it may reassess US banks with “significant” cryptocurrency exposure negatively. In a report posted on Sunday, Fitch…
‘No Justification’ in Treating Crypto Differently: OCC Boss
Crypto companies seeking a US federal bank charter should be treated no differently than other financial institutions, says Jonathan Gould, the head of the Office of the…
CFTC Updates Rules to Launch Pilot Program for Crypto Collateral
The US Commodity Futures Trading Commission has issued updated guidance for tokenized collateral in derivatives markets, paving the way for a pilot program to test how…
Saylor Says Bitcoin-Backed Digital Banks Could Tap $200T Credit Market
Michael Saylor, CEO of the world’s largest Bitcoin treasury holder, is pushing nation-states to develop Bitcoin-backed digital banking systems that offer high-yield, low-volatility…
Bitcoin Pro Traders Side-eye Breakouts To $92K
Key takeaways:Economic uncertainty, a delayed jobs report and weakness in the housing market are causing traders to retreat from Bitcoin.Pro traders are incurring high costs to…