Binance Targeted in France’s AML Crackdown
French authorities, including ACPR, are inspecting crypto firms like @Binance for AML compliance. Noncompliance risks sanctions or MiCA disqualification. #Update #Legal
Solana ETP Surpasses $100M AUM Milestone
@Bitwise’s Solana ETP surpasses $100M in AUM as @DeFiDevCorp purchases 86,307 $SOL tokens during market dip, boosting its holdings to 2.19M tokens valued at $426M. #Update #Crypto $SOL
U.S. Government Shutdown Persists Amid Senate Block
U.S. government shutdown continues as Senate blocks funding, impacting federal employees and potentially influencing the crypto market indirectly amid ongoing political disputes. #Update #Crypto $BTC $ETH
Crypto Regulation Hindered by Privacy Laws
The Financial Stability Board (FSB) highlights data privacy as a barrier to effective global cryptocurrency regulation, causing delays in cooperation and regulatory inconsistencies. #Update #Crypto
Bitcoin ETF Outflows Hit $536 Million
U.S.-listed bitcoin ETFs saw $536 million in outflows as BTC dipped below $110K, reflecting increased equity sensitivity amid market volatility. Citi maintains a year-end target of $133K for bitcoin. #Update #Crypto $BTC
Ripple Acquires Firm in $1B Deal
Ripple acquires treasury management firm GTreasury for $1 billion to enhance crypto asset management amid rising digital asset treasuries. #Update #Crypto $XRP
Bitcoin Treasury Bubble Bursts Tom Lee Warns
BitMine’s Tom Lee suggests the crypto treasury bubble has burst, with 80% trading below asset value. BitMine, holding 3.03M $ETH, remains a key Ethereum player. #Update #Crypto $ETH
Bitcoin Downfall Risk Identified by Duke
Duke Professor Harvey Campbell warns a 51% attack on Bitcoin could cost $6 billion, overshadowing quantum computing threats. #Update #Crypto $BTC
Bitcoin Ethereum Crash Wipes $100B Fast
The crypto market lost over $100 billion in three hours, led by $BTC and major digital assets amid heightened volatility and liquidation pressures. #Update #Crypto $BTC
Uniswap Launches Solana Support Unlocking $140B Opportunity
@Uniswap has integrated support for the Solana network, allowing trading of Solana-based tokens via its web app, tapping into a $140B market opportunity. #Update #Crypto $SOL
Ethereum ETF Launches with VanEck Filing
@VanEck has filed a preliminary application for a Lido Staked Ethereum ETF with the SEC, marking the first such filing. If approved, it would offer regulated exposure to $ETH and staking rewards. #Update #Crypto $ETH
Coinbase Launches New Stablecoin Payments Platform
@Coinbase launches “Coinbase Business” for USDC payments, offering 4.1% APY on balances and integrations with QuickBooks/Xero. Exploring stablecoin utility across platforms amid competition with Circle. #Update #Crypto $USDC
Binance Cleared to Acquire GOPAX Exchange
Binance gains regulatory approval to acquire a majority stake in GOPAX, re-entering the South Korean market after a two-year hiatus. #Update #Crypto
Binance Coin Retreats After Rally
BNB price consolidates below $1,200, facing resistance at $1,250; potential decline if $1,200 remains unbroken. #Update #Crypto $BNB