Vaibhavv Ali
US Representative Ro Khanna (D-CA) has publicly announced his intention to introduce legislation that would prohibit the President, their family, and members of Congress from trading cryptocurrencies or stocks. Khanna, a prominent member of the Congressional Progressive Caucus, raised his concerns on MSNBC, alleging a conflict of interest involving President Donald Trump and the crypto … Read more
The BNB Foundation announced the successful completion of its 33rd quarterly token burn on October 27th, which involved the destruction of over 1.44 million BNB tokens, valued at approximately $1.21 billion. By increasing scarcity, the burn is designed to stabilize the market, support a potentially higher market valuation, and maintain investor confidence, which could also … Read more
Magic Eden’s native token, ME, has become one of the top performers in the crypto market, recording a 35% price surge over the past 24 hours. The token hit intraday highs above $0.60 for the first time since the October 11th market crash, propelled by a remarkable 1,280% spike in trading volume to $129 million. … Read more
Dogecoin (DOGE) has significantly outperformed major cryptocurrencies, registering a 6% gain over the last 24 hours, compared to Bitcoin’s 3.15% and XRP’s 1.52% rise. Trading at $0.2067, the memecoin’s daily volume spiked to over $1.87 billion, more than double its usual level, signaling a strong increase in speculative interest. Derivatives Market Signals Strong Bullish Sentiment … Read more
Chainlink (LINK) is experiencing a significant wave of accumulation from major investors, coinciding with its latest network developments. On-chain data indicates that nearly 10 million LINK (worth approximately $188 million) has been withdrawn from the Binance exchange by 39 new wallets since October 11th, signaling a strong conviction for long-term holding. Whale Activity and Exchange … Read more
Ant Group, the financial technology giant and operator of Alipay, is aggressively signaling its long-term Web3 expansion plans by filing multiple trademarks in Hong Kong this year related to virtual assets, stablecoins, and blockchain, including a notable filing for “ANTCOIN.” Regulatory Headwinds for Stablecoins Ant Group’s proactive trademark strategy comes despite a direct regulatory intervention … Read more
The cryptocurrency market is anticipating a substantial influx of tokens between October 27 and November 3, with over $653 million in value scheduled for release. This wave of token unlocks, tracked by Tokenomist, is dominated by SUI and GRASS and includes two main categories: major one-time cliff unlocks (valued over $5 million) and linear daily … Read more
The REX-Osprey XRP ETF (XRPR), the first fund in the US to offer spot exposure to XRP, has quickly reached a significant milestone, surging past $100 million in assets under management (AUM) just five weeks after its launch. Built under a ’40 Act structure, the fund holds a minimum of 80% in actual XRP, supplemented … Read more
The crypto market is showing bullish signs, up nearly 4% as anticipation builds ahead of the Federal Open Market Committee (FOMC) meeting on October 28–29. With a recent cooler US CPI report easing inflation concerns, traders are hopeful the Federal Reserve will strike a dovish tone (suggesting possible rate cuts), which could inject liquidity and … Read more
Bitplanet, a publicly traded South Korean company, has initiated its daily Bitcoin (BTC) buying plan, aiming to build a 10,000 BTC reserve. The company, which is backed by Metaplanet’s Simon Gerovich, recently added 93 BTC to its holdings. This effort was officially announced following the company’s rebranding and the earmarking of approximately $40 million for … Read more