German fintech 21X gets EU license for tokenization platform
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets.
Posts published by Cointelegraph.com News 20/631
Yuga Labs acquires Tokenproof tech team for NFT R&D
Yuga Labs strengthened its NFT infrastructure with Tokenproof’s tech team, aiming to enhance accessibility and utility in the Web3 space.
Chainlink token surges 29% as community dubs LINK the true ‘bank coin’
Zach Rynes, also known as “ChainkLinkGod,” said that XRP is a “banker-themed memecoin” that failed to get traction.
SEC’s top crypto cop Tenreiro to now head agency’s litigation
The SEC’s former crypto unit chief Jorge Tenreiro is now the agency’s chief litigation counsel, leading its lawsuits and legal probes across the US.
South Korea retail crypto trading hits $18B, beating local stock market
South Korean retail traders were frenzied over “high momentum” tokens, including XRP, DOGE, ENS and HBAR, in Dec. 2 trading.
House lawmakers propose studies on AI in financial services, housing
AI is already impacting mortgage lending and credit score calculations, US Representative Maxine Waters said as she introduced a new bill in Congress.
US government selling Bitcoin is a ‘huge strategic mistake,’ say observers
“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery.
Crypto exchange volumes hit 3 year high in November, riding Trump’s win
Crypto exchange executives said growing regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November.
DOGS token to donate $4.5M of unclaimed airdrops to charities
DOGS has also entered into a partnership with Best Friends Animal Society, a nonprofit dedicated to animal welfare in the US.
US interest rate cut in December rises to 74.5% probability: Fedwatch
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year.
Sonic Labs says its layer-1 blockchain will go public ‘soon’
The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio.
Nike-owned NFT wearables RTFKT to sunset in January
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021.
Digital euro preparation continues as holding limit, privacy debated
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision.
Trump’s inauguration could mark local top for crypto, research shows
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows.
Bitcoin price weakens, but BTC derivatives remain healthy
Bitcoin derivatives reflect traders' confidence in the market and suggest the current price action is just a consolidation phase.
Coinbase integrates Apple Pay for all Onramp apps
The integration requires no action from app developers and is currently live for all users.
VC Roundup: November wraps with 99 deals across blockchain startups
This edition of Cointelegraph’s VC Roundup features Talus Network, Kernel, Astherus, Barter and Rarimo.
Rollups alone won’t unlock blockchain’s true potential
Ethereum’s scalability solution may create more problems than it solves. Here’s why we need to look beyond rollups.
XRP has ‘FOMO’ target at $6.60 by 2025 — Analyst
XRP whales and retail investors have accumulated more than $1.6 billion in tokens over the past month, leading one analyst to predict a new all-time high above $6 in 2025.
Staking may come soon for US Ether ETFs: Bernstein
The research firm considers ETH an attractive investment opportunity, citing rising investor interest relative to Bitcoin.
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved.
PowerDime launching tokenized renewable energy platform with Chintai
According to data from Market.US, the virtual power purchase agreement market was valued at roughly $16.7 billion in 2023.
DWF Labs shifts base to Abu Dhabi to strengthen Middle East presence
DWF Labs is already a resident of Dubai’s Dubai Multi Commodities Centre. It wouldn’t be the first crypto firm to have a presence in both emirates, however.
Price analysis 12/2: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX
Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins?
Ethereum funds see record net inflows of $2.2B in 2024
Investor sentiment has recently shifted away from Bitcoin and toward Ethereum, based on fund flow data from CoinShares.
Coinbase axes plans to expand into Turkey
The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.
How to pay your bills with cryptocurrency
Users can pay bills with cryptocurrency directly from their crypto wallet or using a payment processor acting as an online crypto payment gateway.
Changpeng Zhao says he ‘wouldn’t mind a pardon’ from Donald Trump
The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities.
Bitcoin jumps 2% on MicroStrategy buy with $100K BTC price in focus
An unusual BTC price reaction to MicroStrategy’s latest confirmation of increased BTC exposure accompanies the week’s first Wall Street open.
BitGo expands into retail market with new trading platform
After announcing recent moves into stablecoins and native tokens, BitGo is now targeting retail clients.