China

Bitcoin’s $40,000 put becomes second-largest options bet ahead of February expiry next week

A $40,000 put option for Bitcoin has emerged as the second-largest options bet ahead of its February expiry next week. This significant interest reflects traders' expectations of potential price movements in the cryptocurrency market. The surge in options trading activity indicates heightened volatility and speculation surrounding Bitcoin's price. Analysts are closely monitoring these developments as they could impact market sentiment and trading strategies.

Read the full article: CoinDesk

Morning Minute: The Banks Are Coming for Crypto Custody

Major banks are increasingly entering the cryptocurrency custody space, recognizing the growing demand for secure storage solutions among institutional investors. Firms like BNY Mellon and JPMorgan are expanding their services to include crypto asset management, aiming to provide clients with more comprehensive financial services. This shift indicates a significant institutional

Visa and Bridge plan stablecoin-linked card expansion to over 100 countries

Visa and Bridge are expanding their stablecoin-linked card services to over 100 countries, aiming to enhance digital payment options. This initiative will allow users to make transactions using stablecoins, which are cryptocurrencies pegged to traditional currencies. The expansion is part of Visa's broader strategy to integrate cryptocurrencies into

Ondo Finance tokenized stocks platform on Binance wins regulatory approval in Abu Dhabi

Ondo Finance's tokenized stocks platform has received regulatory approval from the Abu Dhabi Global Market (ADGM). This approval allows Ondo to offer its services in the UAE, marking a significant step in the integration of traditional finance with blockchain technology. The platform enables users to trade tokenized versions

Iranian Exchange Outflows Spiked to $10.3M Amid Airstrikes: Chainalysis

Iranian cryptocurrency exchange outflows surged to $10.3 million following recent airstrikes in the region, according to Chainalysis. The spike in outflows indicates a potential shift in investor behavior amid escalating tensions. This increase represents a significant rise compared to previous weeks, highlighting concerns over economic stability and the desire

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Morning Minute: The Banks Are Coming for Crypto Custody

Visa and Bridge plan stablecoin-linked card expansion to over 100 countries

Ondo Finance tokenized stocks platform on Binance wins regulatory approval in Abu Dhabi

Iranian Exchange Outflows Spiked to $10.3M Amid Airstrikes: Chainalysis