China

A crypto whale has made a $224,000 bet that XRP's price stays perfectly flat through June

A crypto whale has placed a significant bet of $224,000 on XRP, predicting that its price will remain unchanged through June. This unusual wager involves a strategy known as a "zero-delta" position, which profits if the asset's price does not fluctuate. The bet highlights growing interest in XRP amid ongoing legal battles and market volatility. Analysts are closely monitoring XRP's performance, as this bet could indicate confidence in its stability during a critical period.

Read the full article: CoinDesk

Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push

Boerse Stuttgart has partnered with Societe Generale (SocGen) and flatexDEGIRO to advance blockchain-based settlement solutions in the European market. This collaboration aims to enhance the efficiency and security of financial transactions using distributed ledger technology. The initiative is part of a broader trend in the financial sector to adopt blockchain

Jane Street accused of using Terra Telegram backchannel before UST crash

Jane Street, a prominent trading firm, is facing allegations of utilizing a private Telegram channel associated with the Terra ecosystem to gain insider information prior to the collapse of the UST stablecoin. The accusations suggest that the firm may have engaged in unfair trading practices by accessing confidential discussions that

Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis

Bitcoin's demand has shown signs of becoming less aggressive, which analysts suggest could result in a period of consolidation lasting several months. This shift in demand dynamics is attributed to various market factors, including macroeconomic conditions and investor sentiment. Analysts believe that a stabilization in Bitcoin's

Blockchain.com files with SEC for U.S. IPO

Blockchain.com has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The company, known for its cryptocurrency wallet and exchange services, aims to capitalize on the growing interest in digital assets. The filing comes amid a challenging regulatory environment for crypto

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Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push

Jane Street accused of using Terra Telegram backchannel before UST crash

Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis

Blockchain.com files with SEC for U.S. IPO