Circle Brings Native USDC to Sui Network, Revolutionizing DeFi
TL;DR Circle has launched native USDC on the Sui blockchain network, a layer-1 platform designed to be scalable and fast. Sui is the first blockchain...
Cryptocurrencies
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
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...
Binance Launchpool Introduces Scroll (SCR) Token
TL;DR Binance Launchpool introduces Scroll (SCR) token, leveraging zero-knowledge roll-up technology for enhanced security and scalability, compatible with Ethereum Virtual Machine (EVM). Farming starts Wednesday,...
FTX Customers Set to Receive Full Repayment Following Court Approval
TL;DR FTX has received court approval to reimburse customers whose cryptocurrencies were trapped after the platform collapsed. FTX’s accumulated assets could reach $16.5 billion, allowing...
Bitcoin ETFs Surge with Over $235M Inflows, Fueling Market Optimism
TL;DR Bitcoin ETFs received more than $235 million in a single day in October, led by Fidelity and BlackRock. Bitcoin briefly surpassed $64,000, but then...
BNB Open Interest Falls $100 Million as It Struggles to Overcome Resistance
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...
Metaplanet Boosts Bitcoin Holdings with a $6.7 Million Purchase
TL;DR Metaplanet has purchased 108,786 BTC worth $6.7 million. This acquisition brings their total bitcoin holdings to 639,503 BTC. The firm has generated an additional...
Bitwise Announces Transformation of Crypto Futures ETFs to Dynamic Rotation Strategies
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”...
Expand Your Trading Horizons: Trade Global Indices with USDT on Bybit MetaTrader 5
TL;DR Bybit now allows trading indices using USDT on MetaTrader 5 (MT5). New indices such as the NAS100, Nikkei225 and Dow Jones have been added...
Bitcoin Spot ETFs See $54M Outflow, BlackRock’s IBIT Resilient
TL;DR US Bitcoin ETFs saw a net outflow of $54 million in a single day, led by Fidelity and Ark Invest. BlackRock’s IBIT bucked the...