Bitcoin Secures 28M Francs for Treasury
Future Holdings AG raises 28 million Swiss francs ($35 million) to enhance its bitcoin treasury services, aiming to bridge traditional finance and bitcoin in Europe. #Update #Crypto $BTC
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Bitcoin Surges as China Suspends 24% Tariff
Bitcoin $BTC is trading near $102,900, close to the 50-week SMA, as China suspends a 24% tariff on U.S. goods, potentially boosting market confidence. However, Sequans Communications has sold its BTC holdings to reduce debt. #Update #Crypto $BTC
Mamdani Bet Loses $1M in NYC Election
Zohran Mamdani’s victory over Andrew Cuomo in the NYC mayoral election resulted in record voter turnout and $424 million in Polymarket betting volume, with one trader losing $969,169 betting against him. #Update #Crypto $POLY
Coinbase Pushes for Trust Bank Charter Amid Banker Backlash
@Independent Community Bankers of America urged the OCC to deny @Coinbase’s trust charter application, citing safety risks and insufficient compliance. Coinbase’s legal officer criticized the opposition as an attempt to maintain regulatory barriers. #Update #Crypto $BTC
XRP Ledger Dual Utility Sparks ETF Interest
XRP’s dual utility for value transfer and payments may position it favorably for a spot ETF launch, potentially live next week, as interest grows among investors. #Update #Crypto $XRP
Ripple Stablecoin Surges Past $1B Milestone
@Ripple’s RLUSD stablecoin surpasses $1B market cap in under a year, becoming the 10th largest U.S. dollar-backed stablecoin. Demand grows as Ripple processes nearly $100B in payments. #Update #Crypto $RLUSD
Appeals Court Rejects Bankman-Fried Trial Claims
Former FTX CEO Sam Bankman-Fried’s appeal for a new trial faces skepticism from the appellate court, questioning claims of unfairness and misrepresentation in his defense. #Update #Legal $FTX
Chainlink Launches CRE for Rapid Tokenization
@Chainlink has launched the Chainlink Runtime Environment (CRE) to facilitate smart contract deployment across blockchains, with major institutions adopting it for the $867 trillion tokenization opportunity. #Update #Crypto $LINK
XRP and RLUSD Boost Bitnomial Margin Trading
@Bitnomial becomes the first U.S. derivatives clearing organization to accept stablecoins as margin collateral, adding $RLUSD and $XRP for leveraged trading, enhancing capital efficiency for institutional clients. #Update #Crypto $XRP
Chainlink Launches First $100T Tokenized Fund Redemption
@UBS completed the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent, marking a significant milestone in blockchain integration within the $100 trillion fund industry. #Update #Crypto $ETH
Solana Trendline Crashes as Bull Party Ends
Solana’s $SOL token drops to its lowest since August, breaking below key support at $155; bearish momentum increases with lower highs and lows, next support at $129. #Update #Crypto $SOL
Stream Finance Launches Legal Probe After $93M Loss
@StreamDefi faces a $93 million loss, suspending deposits and withdrawals amid an investigation by Perkins Coie LLP. The fallout may impact xUSD, xBTC, and xETH holders. #Update #Crypto $USDT
XRP Falls 6% as Triangle Tightens
XRP gained 2.75% to $2.34 amid low trading volume, with resistance at $2.44 and support at $2.33; traders eye the $2.54 level for potential breakout confirmation. #Update #Crypto $XRP
Bitcoin Tests Key Support Amid Market Shift
$BTC trades at $106,500 as long-term holders sell, while $ETH is at $3,620 amid a broader market rotation into equities; consolidation continues. #Update #Crypto $BTC