XRP Launch Triggers ETF Filing Pause
@CanaryCapital will pause new crypto ETF filings after launching the $XRP ETF, which debuted with $58M in trading volume. The firm awaits regulatory changes for future products. #Update #Crypto $XRP
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@CanaryCapital will pause new crypto ETF filings after launching the $XRP ETF, which debuted with $58M in trading volume. The firm awaits regulatory changes for future products. #Update #Crypto $XRP
The U.S. Department of Justice seized $15 million in $USDT linked to North Korean cyber crimes and announced five convictions related to fraudulent IT workers aiding the regime’s schemes. #Breaking #Legal $USDT
@BlackRock’s $2.5B tokenized U.S. Treasury fund BUIDL is now accepted as collateral for trading on @Binance, enhancing institutional flexibility and expanding to the BNB Chain for DeFi use. #Update #Crypto $BNB
The CoinDesk 20 Index is at 3051.08, down 2.6% since Thursday; AAVE falls 7.8%, UNI drops 5.5%, while DOT and APT gain slightly. #Update #Crypto $AAVE $DOT $APT
Canary Capital’s XRPC ETF, linked to $XRP, debuted with $58M in trading volume, the highest for any ETF this year, indicating strong institutional interest in altcoins. #Update #Crypto $XRP
$ETH shows relative strength at $3,230 while $BTC drops over 2% to $97,200, boosting the ETH/BTC ratio by more than 2%, indicating potential bullish momentum. #Update #Crypto $ETH
Tether’s dominance in the crypto market has surged to its highest since April, reflecting risk aversion as Bitcoin drops 11% this month to $97,630. #Update #Crypto $USDT
BONK fell 3.9% to $0.00001223 as trading volumes surged to 1.07 trillion tokens, breaching key support at $0.00001211 and establishing resistance between $0.00001226–$0.00001257. #Update #Crypto $BONK
Nearly 25% of adults with internet access in the Asia Pacific region might own cryptocurrency, driven by limited access to traditional financial services; stablecoin adoption at 18%. #Update #Crypto $USDT
Emory University holds over 1 million shares of Grayscale Bitcoin Mini Trust, valued at nearly $52 billion as of September 30, signaling increased institutional interest in $BTC. #Update #Crypto $BTC
The dYdX community approved proposal #313, increasing buy-back allocation to 75% of net protocol fees, with 5% to Treasury SubDAO and MegaVault each, enhancing tokenomics. #Update #Crypto $DYDX
@Upexi approves a $50M share buyback program to enhance flexibility amid declining stock prices, holding 2.1M $SOL valued at $319M. #Update #Crypto $SOL
@AaronBrogan from Brogan Law discusses digital asset treasuries (DATs), emphasizing their speculative nature and risks, while @DJWindle advises on evaluating DATs for client portfolios. #Update #Crypto $BTC $ETH
Czech National Bank creates a $1 million test portfolio including $BTC, marking the first central bank acquisition of Bitcoin to explore its potential in diversifying reserves. #Update #Crypto $BTC