Vaibhavv Ali
Hashdex Asset Management, the firm behind the Hashdex Nasdaq Crypto Index US ETF (NCIQ), has signed a two-year deal with Coinbase Cloud for infrastructure services to enable crypto-asset staking for the fund. Under the agreement, Coinbase Cloud will provide managed Infrastructure-as-a-Service, handling technical aspects like validation node operation and network participation. This partnership allows the … Read more
After a challenging week that pushed XRP down to a low of $2.38, the digital asset is demonstrating significant recovery, fueled by a massive influx of capital. Market analyst Paul Bennett points to an almost 8% weekend bounce and a surge of $1.36 billion in open interest as evidence of strong market conviction. This “aggressive … Read more
Crypto mining firm Bitdeer Technologies ($BTDR) saw its stock price surge nearly 30% to an all-time high of 27$ on Wednesday, fueled by record Bitcoin mining output and ambitious plans to become a major player in AI data centers. The rally reinforces strong bullish sentiment across the entire publicly listed mining sector, whose combined market … Read more
The cryptocurrency market is seeing a massive influx of fresh liquidity following the recent market crash, as stablecoin issuers Tether (USDT) and Circle (USDC) have collectively minted $4.5 billion in new tokens. This surge suggests strong institutional demand and is viewed as a potential catalyst for a market rebound. Fresh Capital and Ethereum’s Role In … Read more
On October 16th, Changpeng Zhao (CZ) weighed in on Justin Sun’s proposal for Coinbase to list the Binance native token, BNB. CZ, the former CEO of Binance, highlighted BNB’s “strong liquidity and ecosystem” as clear reasons that should make the listing process straightforward. Shifting Listing Debate This public interaction reinforces the ongoing discussion within the … Read more
Europe has taken a significant step in its ambition to reduce the reliance on U.S. dollar-based stablecoins. The Franco-German banking group ODDO BHF has launched EUROD, a new euro-backed digital currency, under the region’s stringent Markets in Crypto-Assets (MiCA) regulatory framework. A European Alternative ODDO BHF is acting as the direct issuer of EUROD, ensuring … Read more
Reserve Bank of India (RBI) Governor Sanjay Malhotra has clearly stated the central bank’s focus is on promoting India’s Central Bank Digital Currency (CBDC) over private cryptocurrencies. This stance aligns with the government’s digital currency strategy and signals continued regulatory challenges for private cryptos in the country. CBDC Dominance and Growth Governor Malhotra affirmed, “India … Read more
The Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval to Erebor Bank, a new national bank backed by tech heavyweights including Peter Thiel, Palmer Luckey, and Joe Lonsdale. This decision marks the first new national charter approved under Comptroller Jonathan Gould and signals a subtle but significant shift in U.S. … Read more
Australia’s Home Affairs Minister, Tony Burke, has announced a major regulatory move to crack down on crypto ATMs, labeling them a “high-risk product” associated with money laundering, scams, and child exploitation. This is part of a broader package of new powers aimed at combating financial crime. Rapid Growth and Crime Concerns Burke highlighted the rapid … Read more
Cardano’s native token, ADA, is struggling, having lost nearly a third of its value since late summer, pushing its market outlook into a definitive bearish phase. Technical and Market Breakdowns Chart analysts point to a collapse of the coin’s multi-month trendline and the formation of lower highs, which are classic signs of a prolonged selloff. … Read more