Taiwan FSC approves foreign crypto ETFs for professional investors
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
Digital Asset Platforms Lose a Record $2.1B in 2024, Mostly Due to Hacks
A Cyvers report reveals that centralized and decentralized digital asset platforms suffered $2.114 billion in losses in the first nine months of 2024, surpassing 2023’s total. Hacks and breaches account for the majority of these losses…
Solana (SOL) ‘Could Go Parabolic’ Once It Breaks $200 Resistance – Analyst
Solana (SOL) is now trading around a crucial supply zone after an impressive 26% surge since September 18, following the Federal Reserve’s announcement of interest rate cuts. This sharp rally has sparked optimism among analysts and investors…
Onyx to shutdown Ethereum-based lending market, relaunch Onyx Core
After a $3.8 million hack on a long-known security vulnerability, Onyx plans to relaunch its governance-focused financial network with full community support.
Shiba Inu Burn Rate Skyrockets 81% In One Day, Are The Bulls Back?
The Shiba Inu (SHIB) burn rate has surged in the last 24 hours, providing a bullish outlook for the meme coin. This is also significant as it suggests that Shiba Inu bulls are again returning to its ecosystem. Shiba Inu Burn Rate Surges By 81%…
Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations
The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024. The updated regulations…
Matrixport Strengthens European Presence with Acquisition of Swiss Crypto Asset Manager
Matrixport, a crypto financial services provider with $6 billion in assets under management, has completed its all-cash acquisition of Crypto Finance Asset Management AG, a licensed Swiss crypto asset manager previously part of the Deutsche Börse…
Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst
Crypto analyst Astronomer (@astronomer_zero) posits a strong bullish outlook for Bitcoin in the fourth quarter of 2024. Leveraging historical data, Astronomer provides an analysis via X, suggesting an 82% probability of an ultra bullish trend based…
TRON DAO Completes Security Assessment Conducted by ChainSecurity, Strengthening Network Integrity
PRESS RELEASE. Geneva, Switzerland – September 30, 2024 – TRON DAO has successfully completed a security assessment of its Java-Tron client, conducted by leading blockchain security firm ChainSecurity. The assessment, which focused on…
Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes. Thanking his supporters, Zhao explained that he…
XRP To $1,000? Experts Weigh In On Bold Predictions And Market Realities
A recent tweet from Uphold, a digital currency platform, has sparked a flurry of skepticism and exhilaration within the XRP community. The tweet jokingly implied that “XRP just reached $1,000,” which incited a flurry of speculation…
Latam Insights: Argentina and El Salvador Fight Against the International Agenda
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Argentina rejects the UN’s Pact for the Future, President Nayib Bukele warns about the impending…
US election outcome won’t slow Q4 Bitcoin rally, says hedge fund
Neither US party has attempted to adequately address the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, says a hedge fund manager.
This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this editorial the second it’s finished, which also includes the biggest stories of the week and a comment on each story. Pre-Bull…
Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions…
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