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Page 49

Bitcoin heads into holiday weekend exposed as ETF and CME flows go offline

Bitcoin heads into holiday weekend exposed as ETF and CME flows go offline

2 months ago by Crypto InsightsCrypto

Bitcoin is trading choppily around $66,600, as the extended holiday weekend sidelines potential buyers and gives bears greater control over price action. With CME futures and ETF flows set to pause over Good Friday, the market is heading into a liquidity gap just as its… Read More

Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week

Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week

3 months ago by Crypto InsightsCrypto

Representatives of the crypto and banking industries are meeting with legislative staffers on Thursday and Friday to review revised compromise language on stablecoin yield provisions in the market structure bill, three people familiar with the plans told CoinDesk. Industry representatives first viewed the compromise language,… Read More

Elon Musk’s X to deploy scam kill switch by auto-locking first-time crypto mentioners

Elon Musk’s X to deploy scam kill switch by auto-locking first-time crypto mentioners

3 months ago by Crypto InsightsCrypto

Social media platform X is preparing a new security measure aimed at shutting down a widespread form of crypto phishing that leverages hijacked accounts to promote scam tokens. The company will soon auto-lock any account that mentions cryptocurrency for the first time in its history,… Read More

Ripple Treasury puts XRP and RLUSD inside corporate finance for the first time

Ripple Treasury puts XRP and RLUSD inside corporate finance for the first time

3 months ago by Crypto InsightsCrypto

Ripple on Thursday introduced native digital asset capabilities inside its enterprise treasury management system, letting corporate finance teams hold, view and manage XRP and RLUSD alongside traditional fiat balances for the first time within a single platform. The two features, called Digital Asset Accounts and… Read More

EDX Markets applies for U.S. trust charter to expand institutional crypto services

EDX Markets applies for U.S. trust charter to expand institutional crypto services

3 months ago by Crypto InsightsCrypto

EDX Markets, the crypto exchange backed by Citadel Securities, has applied for a national trust bank charter, marking a new step in its push to serve institutional clients. The exchange submitted its filing to the Office of the Comptroller of the Currency on Wednesday, according… Read More

Solana (SOL) DeFi platform Drift investigates suspicious activity, tells users to halt deposits

Solana (SOL) DeFi platform Drift investigates suspicious activity, tells users to halt deposits

3 months ago by Crypto InsightsCrypto

Solana-based decentralized finance (DeFi) platform Drift said it is investigating “unusual activity” on its protocol, prompting concerns that the platform may have been exploited. “We are observing unusual activity on the protocol. We are currently investigating. Please do not deposit funds into the protocol while… Read More

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