CEX.io resumes UK operations via Gateway 21, complying with new FCA crypto promotion rules. Operating from Lithuania, the exchange seeks an AML license from the FCA. With 11 years of incident-free operations, CEX.io sets a compliance benchmark.
Crypto investors project $BTC to hit $100,000 by 2025, unaffected by the U.S. presidential election. While Trump supports crypto, Kamala Harris’s stance is unclear. Experts believe Bitcoin’s institutional backing ensures resilience. ?
Bitcoin accumulation on $COIN and @krakenfx surges amid market volatility, with buy/sell ratios at 123% and 250% respectively. Larger transaction sizes and institutional investors drive this trend, indicating potential market stability despite recent fluctuations.
FTX unstaked 177,693 $SOL worth $23.75M, sparking sell-off concerns. Despite this, FTX still holds 7.1M $SOL valued at $953M. Solana’s price rose 2.5% in 24 hours, reflecting a broader crypto rally. @AlamedaResearch transferred Worldcoin and AAVE to exchanges.
Bitcoin ($BTC) is on track to hit $100,000 by 2025, regardless of the U.S. presidential election outcome. Experts highlight global fiscal conditions and institutional support as key drivers, with historical trends indicating post-election price gains.
FTX unlocks 177,693 $SOL worth $23.75M, with potential market impact if sold. FTX still holds 7.057M $SOL valued at $943M. $SOL price remains firm at $135, up 35% in 2024. Watch @CarolineEllison’s hearing for further influences.
CFTC teams up with the American Bankers Association Foundation and SEC’s Investor Education Office to combat “pig butchering” crypto scams costing Americans billions. Initiatives include infographics and alerts to protect investors and reduce fraud.
Robinhood’s ($HOOD) stock surged 4%, driven by its crypto market expansion and $200M Bitstamp acquisition. Bernstein projects $900M operating income and $3.4B revenue in 2024. Stock is up 66% YTD, fueled by younger investors.
Bitcoin’s short-term holders decline since May 2024, while long-term holders accumulate, indicating potential market stability. Active Bitcoin addresses hit a 2024 low, and Tether ($USDT) holders increase, reflecting a shift towards stable assets.
State Street plans to launch a Bitcoin ETF, as investor confidence grows. U.S. Bitcoin ETFs have seen net inflows surpass $17.1 billion YTD, with outflows shrinking to less than 1% of AUM. $STT $BTC
Dune now supports data from over 50 Polkadot parachains, including Moonbeam, Acala, Phala, and Mythos, enhancing real-time analysis and improved API functionality. This expansion, developed with Colorful Notion, positions Dune as a premier analytical hub for Polkadot.
Trustee Plus achieves 500K+ downloads and nears 100K crypto card users. Key features like P2P trading and zero-commission deposits drive growth, solidifying its impact in Ukraine’s cryptocurrency market.
Singapore’s $1 billion XSGD stablecoin surge shows retail confidence with 75% of transactions under $1M. Regulatory improvements by MAS and Paxos’s approval for digital payment token services are key drivers. Concerns over traditional banking boost stablecoin interest.
Caroline Ellison’s legal team seeks a three-year probation period instead of prison. She has admitted guilt and cooperated with the investigation. Key figures like John J. Ray III support her for her role in asset recovery. Sentencing is on Sept. 24, 2024.
