TON Recovers After Pavel Durov’s Arrest
TL;DR The TON blockchain has seen a 20% increase in its stablecoin supply since the arrest of Pavel Durov, surpassing $700 million. Pavel Durov, after...
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
by guido
TL;DR China has suspended economic stimulus measures, affecting global financial markets, especially the crypto industry. QCP Capital anticipates a capital reallocation towards cryptocurrencies, considering that...
BNB Open Interest Falls $100 Million as It Struggles to Overcome Resistance
by guido
TL;DR BNB open interest has fallen by over $100 million, raising concerns among traders as it struggles to overcome resistance between $575 and $619. The...
Bitwise Announces Transformation of Crypto Futures ETFs to Dynamic Rotation Strategies
by guido
TL;DR Bitwise Asset Management will transform three of its cryptocurrency futures ETFs starting on December 3. 2024, implementing a dynamic rotation strategy. The new “Trendwise”...
Credbull Launches LiquidStone: New Private Credit Platform on Plume Network
by guido
TL;DR Credbull has launched LiquidStone, a private credit structure that will offer fixed returns to investors within Plume Network, with an initial cap of $100...
PayPal USD (PYUSD) Now Available on MoonPay for Global Transactions
by guido
TL;DR PayPal has launched its stablecoin, PYUSD, on MoonPay, allowing transactions with multiple payment methods in most countries, except Canada. This integration results from a...
Terra Luna Classic Rises Again: The Massive USTC Burn Boosts Token Value
by guido
TL;DR The Terra Luna Classic (LUNC) ecosystem is revitalizing with the approval of the proposal to burn 46,556,271 USTC, which has increased market interest. The...
World Liberty Financial Begins Its KYC Verification Process Backed by the Trump Family
by guido
TL;DR World Liberty Financial, backed by the Trump family, initiates the KYC verification process on its official website. The WLFI governance token will be accessible...
Hacks in Crypto Industry Are Declining, But Threats Persist
by guido
TL;DR Losses from hacks and scams in the crypto industry were $413 million in the third quarter of 2024, representing a 40% decrease. The most...
Bitcoin Behaves Like a ‘Risk-off’ Asset Rather Than a ‘Risk-on’ Asset
by guido
TL;DR Robbie Mitchnick, BlackRock’s head of digital assets, believes that Bitcoin should not be classified as a risk asset, despite its recent correlation with the...