Vaibhavv Ali
Following a record surge by Bitcoin (which briefly topped $126,000 before pulling back to the $123,000 zone), the broader crypto market, including Cardano (ADA), is entering a temporary cooling phase. ADA has dipped roughly 3% in the last 24 hours. However, analysts believe this is a brief “breather” rather than a reversal. Despite the dip, … Read more
The United Kingdom has officially reversed its 2021 ban on retail access to crypto Exchange-Traded Notes (ETNs), signaling a major step toward integrating digital assets into the mainstream financial system. UK Regulatory Shift and Market Growth: FCA Reversal: The Financial Conduct Authority (FCA) announced on Wednesday that retail investors can now access crypto ETNs via … Read more
The U.S. government shutdown, which began on October 1 and is projected to last nearly 24 days, has effectively halted the expected decision-making process for several spot crypto ETFs, including those for XRP, Solana, and Cardano (ADA). The Securities and Exchange Commission (SEC) is operating with limited staff, meaning routine reviews and approvals for new … Read more
Jupiter, a top Decentralized Finance (DeFi) aggregator on Solana, is collaborating with Ethena Labs, the issuer of the USDe synthetic dollar, to introduce JupUSD—a Solana-native stablecoin designed to significantly boost the ecosystem’s liquidity and expand its stablecoin market. The launch is scheduled for the fourth quarter of 2025. Strategy and Backing Model: Initial Liquidity: Jupiter … Read more
Fireblocks Trust Company has been launched as a New York State-chartered trust, signaling a major strategic move to resolve the primary bottleneck in institutional crypto adoption: secure and compliant custody. The firm has formed key partnerships with industry leaders, including Galaxy, Bakkt, FalconX, and Castle Island, to create a comprehensive, regulated framework for digital asset … Read more
The privacy token Zcash (ZEC) has more than tripled in value in less than two weeks, reaching its highest price in over three years. The token is up over 140% in 14 days and posted a 24-hour gain of 26% to reach $170, triggering nearly $2 million in short position liquidations. The surge is attributed … Read more
Square, a division of Jack Dorsey’s Block Inc., has launched Square Bitcoin, a new platform enabling its over four million US merchants to seamlessly accept and manage Bitcoin directly within their existing Square systems. This move is seen as Block’s strategic effort to push Bitcoin from a niche investment into a mainstream commercial settlement tool. … Read more
Solana’s native token, SOL, rebounded to $229 following a brief dip, buoyed by positive investor reaction to the US Federal Reserve’s minutes, which reinforced expectations for 2025 interest rate cuts. This macroeconomic optimism has traders setting their sights on $300 for SOL. The bullish sentiment is supported by strong on-chain and derivatives data, highlighting Solana’s … Read more
US-based cryptocurrency exchange Gemini has launched a local entity, Gemini Intergalactic Australia Pty Ltd, as a strategic move to expand its operations in the Asia-Pacific region and directly serve the growing Australian market. The decision comes as cryptocurrency adoption in Australia is on the rise, increasing to 31% of the population in early 2025 from … Read more
Strategy, led by executive chairman Michael Saylor, has temporarily stopped purchasing Bitcoin (BTC) after its total holdings reached an estimated value of $79 billion. Strategy’s Massive Bitcoin Treasury The pause follows Strategy’s latest BTC acquisition of $22.1 million at an average price of $113,048 per coin. This final purchase brought the company’s total holdings to … Read more