Digital assets, cryptocurrencies, blockchain, and currency news.
Key Highlights Hyperliquid executed a major deflationary move by purchasing and permanently burning 112,580 HYPE tokens valued at $10.15 million. The buyback was funded from $14.5 million in USDC interest routed to the Assistance Fund on October 3 following its August activation, leaving roughly $4.4 million for future repurchases. HYPE responded by breaking past the ...
Key Highlights: The Solana Foundation has launched an open-source Delivery-versus-Payment (DvP) program under the MIT license, developed with institutional input from J.P. Morgan. The program enables atomic settlement on the Solana public blockchain, executing asset and payment transfers simultaneously in seconds to eliminate counterparty risk. Supporting SPL Token and Token-2022 standards, the audited infrastructure targets ...
Key Highlights: Securities and Exchange Commission Chairman Paul S. Atkins signaled upcoming regulatory proposals aimed at preventing onchain markets from being driven offshore. The SEC’s planned custody overhaul would permit self-custody under specific conditions, recognize state trust companies as custodians, and address broker-dealer safekeeping services. Complementary customer-protection proposals outline proof-of-reserves verifications, asset segregation, and a ...
Key Highlights: Grayscale data reveals Bitcoin produced a 225% three-year return, outperforming the Nasdaq’s 109% gain over the same timeframe. Missing just a handful of Bitcoin’s top trading days drastically damages performance, with returns dropping to 95% without the best 5 days and turning into an 11% loss without the top 15 days. Bitcoin ($BTC) ...
Key Highlights Singapore Gulf Bank (SGB) has integrated with Payward to offer 24/7 institutional U.S. dollar transfers via SGB Net. SGB is expanding its partnership with Payward’s Kraken Prime to access digital asset liquidity and price customer trades in the coming months. The companies plan to expand the service beyond its initial U.S. dollar scope ...
Key Highlights: Veteran trader Peter Brandt identified a potential cup-and-handle pattern on the daily XRP chart, marking horizontal resistance at $1.6572. The short-term daily analysis complements Brandt’s September 21 monthly chart forecast projecting an advance toward $5.40. Bitwise Chief Investment Officer Matt Hougan highlighted institutional interest in XRP, noting its established utility in cross-currency transfers ...
Key Highlights Community debate has surfaced around increasing XRP Ledger (XRPL) base transaction fees by 10-fold or 100-fold to increase the burn rate of $XRP. Unlike networks such as Bitcoin, where fees compensate miners, XRPL permanently destroys transaction fees rather than routing them to validators. Adjusting the minimum fee requires validator consensus via the ledger’s ...
Key Highlights Compound’s Proposal 612 is advancing with 1.75 million votes in favor versus 921,000 against, surpassing its 400,000 quorum threshold. The proposal grants EXECUTOR_ROLE and CANCELLER_ROLE to the Governor Timelock, allowing DAO governance to actively block Treasury Timelock operations. The initiative follows controversial treasury actions, including a $3 million stablecoin transfer to Uniswap V3 ...
Key Highlights Institutional buying remains robust as BlackRock’s IBIT acquired another $195.6 million in Bitcoin, lifting its 30-day net accumulation to approximately $1.57 billion. Bitcoin has maintained support above $80,000 for two consecutive weeks amid signals of ongoing accumulation from major market participants like Michael Saylor. A proposed $5,000 payment suggested by U.S. President Donald ...
Key Highlights The proposed regulatory plan introduces two primary components: Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM), targeting retail leveraged and financed trading. Unlike sweeping legislative efforts, ordinary spot trading remains under state-level oversight, while platforms opting into the federal regime gain a standardized CFTC pathway for margin trading. The Commodity ...
Key Highlights: Plume has launched a structure tied to Fidelity’s actively managed FBND exchange-traded fund, aiming to expand real-world asset tokenization beyond short-duration Treasury bills. The onchain instrument, dubbed nBND or nFBND, is a receipt token issued by Nest DAO LLC rather than direct registered ownership of Fidelity’s nearly $28 billion fund. Despite the massive ...
Key Highlights: The Commodity Futures Trading Commission (CFTC) has unveiled two regulatory frameworks: Regulation Crypto Asset Transactions (Regulation CTX) and Regulation Crypto Asset Markets (Regulation CAM). Regulation CAM introduces an optional federal licensing framework for crypto exchanges under the Designated Contracts Management (DCM) system, offering a way to bypass state-by-state regulatory regimes and provide retail ...