dYdX Prepares for the Return of its Former CEO, Antonio Juliano
TL;DR Antonio Juliano has returned as CEO of dYdX after six months of absence, seeking to revitalize the decentralized trading platform. His time away allowed him to reflect…
Cryptocurrencies
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…
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…
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…
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,…
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…
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.…
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…
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…
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…
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…