China
The UK government is moving forward with plans for a central bank digital currency (CBDC), often referred to as a digital pound, and is selecting key players to help shape its development. Coinbase CEO Brian Armstrong has criticized the UK's approach, arguing that it favors certain companies over
News
The UK has chosen several firms to participate in its stablecoin regulatory sandbox, aimed at fostering innovation while ensuring consumer protection. Among the selected companies is Revolut, a well-known financial technology firm. The sandbox will allow these firms to test their stablecoin products and services in a controlled environment with
China
Nicholas Hammer, co-founder and CEO of Blockfills, has resigned from his position. The decision comes amid ongoing challenges within the cryptocurrency industry, which has faced significant volatility and regulatory scrutiny. Hammer's departure marks a significant leadership change for the company, which specializes in providing liquidity solutions for digital
News
Goldman Sachs has identified Coinbase as one of the most shorted stocks in the market, alongside other major companies. This trend reflects growing skepticism among investors regarding the cryptocurrency exchange's performance amid regulatory challenges and market volatility. The report highlights that Bitcoin's price fluctuations and the
China
Adam Back, a key figure in the development of Bitcoin, shares his insights on the current cryptocurrency market cycle. He emphasizes the importance of technological advancements and adoption in driving Bitcoin's value. Back notes that while market volatility is expected, the long-term outlook remains positive due to increasing
News
Bitcoin's price has rebounded close to $69,000, leading to significant losses for traders who had short positions on Bitcoin, Ethereum, and Solana. The surge in Bitcoin's value has resulted in over $200 million in liquidations for short positions across various exchanges. Analysts attribute the price
News
Tokenized US Treasurys have seen a significant increase, rising by over $1 billion since the start of 2026. This growth reflects a growing interest in digital assets and the integration of blockchain technology in traditional finance. The surge is attributed to various factors, including enhanced liquidity and accessibility for investors.
Bitcoin has surged past $69,500, driven by a rebound in the stock market and positive earnings reports that have increased investor risk appetite. The rise in Bitcoin's price reflects broader market optimism, as major stock indices have also seen gains. Analysts suggest that the strong performance in
Hut 8 reported a loss in the fourth quarter, primarily attributed to a decline in Bitcoin prices and increased operational costs. Despite the loss, the company's compute revenue contribution rose significantly, indicating a shift towards diversified revenue streams. The firm emphasized its focus on expanding its computing and
Polkadot and Solana have experienced significant price increases as altcoins rally ahead of Nvidia's upcoming earnings call. The surge in these cryptocurrencies is attributed to growing investor interest and market optimism. Analysts suggest that positive results from Nvidia could further boost the crypto market. Additionally, the overall sentiment
The head of the SEC, Gary Gensler, is set to headline an event organized by a crypto firm, Ripple, which is currently engaged in a legal battle with the agency. Ripple is fighting against the SEC's claims that its XRP token is a security, a case that has
Stablecoins are increasingly dominating the cryptocurrency market, with their market capitalization surpassing $130 billion. They are being adopted for various use cases, including trading, remittances, and as a means of payment. Major players like Tether and USD Coin are leading the charge, with Tether's market share remaining significant
Polkadot (DOT) experienced a significant surge of 17.2% as part of a broader increase in the cryptocurrency market. This rise contributed to a positive performance across all assets in the CoinDesk 20 index. The overall market uptick reflects growing investor interest and optimism in the crypto space. Other cryptocurrencies
Endowments are increasingly considering allocations to cryptocurrencies as traditional investments face a challenging return outlook. With low interest rates and market volatility, many institutions are seeking alternative assets to enhance their portfolios. Some endowments have already begun investing in digital assets, viewing them as a hedge against inflation and a
A judge has dismissed a trade secrets lawsuit filed by xAI against OpenAI, citing insufficient evidence to support the claims. However, the court has allowed xAI the opportunity to refile the lawsuit with additional information. The case revolves around allegations that OpenAI misappropriated proprietary information from xAI. This decision marks
Revolut is one of four companies selected to participate in the UK's Financial Conduct Authority (FCA) regulatory sandbox to test stablecoins. This initiative aims to explore the use of stablecoins in the financial system and assess their potential benefits and risks. The FCA's sandbox allows companies
21Shares has launched the STRC ETP, a new strategy yield wrapper, in Europe, aimed at providing investors with exposure to yield-generating strategies in the cryptocurrency market. The ETP is designed to simplify access to yield farming and staking opportunities, allowing users to earn returns on their crypto assets. This move
On October 3, 2023, Bitcoin experienced a notable price surge, reaching a new high of $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, with its price climbing to $2,200 as developers announced significant upgrades to the network. Meanwhile, regulatory discussions intensified in
Vitalik Buterin sold 17,000 ETH in October as the price of ether dropped by 37%. This sale occurred during a period of significant market volatility for cryptocurrencies. Buterin's decision to liquidate a portion of his holdings has raised eyebrows among investors and analysts. The decline in ether&