Crypto.com, a UAE-regulated crypto exchange, has announced the launch of AED Cash Accounts for users in the United Arab Emirates, significantly streamlining the process of funding crypto trading. Streamlined Onboarding and Fast Transfers The new service allows both retail and institutional investors in the UAE to quickly link their bank accounts with the exchange in … Read more
Sharps’ reported initiative to buy back SOL from the open market is a significant corporate move that could set a new precedent for how Solana-based projects manage their treasuries and influence market sentiment. Mechanics and Corporate Strategy The Sharps Solana buyback is an analog to a traditional stock repurchase program, where the goal is to … Read more
XRP has successfully held above the $3.00 psychological mark, confirming a short-term price floor near $2.99 following elevated trading volumes spurred by institutional interest. The latest rally, which saw XRP climb 3% from $2.98 to $3.03 (between Oct. 2 and Oct. 3), is framed by two major developments: Japanese Institutional Expansion: SBI Holdings extended its … Read more
Major South Korean cryptocurrency exchange, UPBIT, has announced it will begin supporting deposits and trading for the DoubleZero (2Z) token, exclusively utilizing the Solana network. The timeline for the listing is set for October 2, 2025, with the deposit service opening at 21:00 and trading commencing an hour later at 22:00. The move follows recent … Read more
BBVA, Spain’s second-largest bank, has officially launched 24/7 Bitcoin (BTC) and Ethereum (ETH) trading and custody for its domestic retail clients, becoming the first major Spanish lender to integrate cryptocurrencies into its core mobile banking platform. Key Highlights of the Launch: Mainstream Integration: Customers can now buy and sell crypto directly through the BBVA mobile … Read more
Canary Capital’s proposed spot Litecoin ETF is in a state of limbo after the SEC took no action on the application’s original deadline. This silence has raised significant questions for the crypto community, primarily due to two concurrent issues: a federal government shutdown and the SEC’s new generic listing standards for crypto exchange-traded products (ETPs). … Read more
Crypto.com is integrating with Morpho, the second-largest decentralized finance (DeFi) lending protocol (with a Total Value Locked of approximately $7.7 billion), to bring yield-earning stablecoin markets to the Cronos blockchain. Key Highlights of the Partnership: Yield Generation: Crypto.com users will be able to deposit wrapped Ether (CDCETH) and wrapped Bitcoin (CDCBTC) into Morpho vaults. They … Read more
New York State Senator Liz Krueger introduced a bill to levy a tiered excise tax on energy consumption by crypto mining companies operating facilities in the state. This legislative effort aims to address the high energy usage of the industry and its impact on grid costs and environmental goals. Key details of the proposed tax … Read more
The CME Group has reported a surge in institutional engagement with crypto derivatives, evidenced by a record-high average daily trading volume (ADV) of 340,000 contracts in Q3 2023. This volume signals the increasing reliance of large market participants on regulated platforms for managing their crypto exposure. Key Takeaways from the CME Report Record Volume: The … Read more
VanEck has taken a significant step toward expanding its cryptocurrency exchange-traded funds (ETFs) by officially registering the VanEck Lido Staked Ethereum ETF in Delaware. If approved by the U.S. Securities and Exchange Commission (SEC), this product would offer investors exposure to staking rewards without the need for technical blockchain knowledge, accelerating the institutional adoption of … Read more