On Wednesday, October 2, the United States Securities and Exchange Commission (SEC) took a formal step in extending the XRP lawsuit with Ripple by filing a Notice of Appeal of Judge Torres’s ruling. This move came on the heels of the final judgment by the US District Court, Southern District of New York on August … Read more
According to the latest announcement from Japanese investment firm Metaplanet Inc., its Bitcoin holdings have surged, rising to 530.717 BTC as of October 3. As revealed by the Tokyo-listed company, this increase in its Bitcoin bags was possible due to a smart options trading strategy, which led to the company earning more BTC and adding … Read more
Cryptocurrency exchange Kraken has opened a derivatives trading platform in Bermuda, having received a license from the Bermuda Monetary Authority (BMA). Bermuda is becoming an attractive locale for regulating cryptocurrency activities. Kraken follows Coinbase International and HashKey Global to the island. Lots of trading options The BMA indicates that Payward Digital Solutions (Kraken’s legal name) … Read more
Multimillionaire tech guru Bryan Johnson says that if he hadn’t sold his payments company Braintree to PayPal in 2013 and became obsessed with anti-aging, he may well have ended up devoting his life to crypto. “Had I not sold Braintree, I just would have been entirely all in on crypto,” he says. Magazine catches up … Read more
Global crypto exchange Binance experienced a significant decline in trading activity in September. According to a CCData report, trading volume for derivatives on Binance fell by 21% to $1.25 trillion in September, the lowest level since October 2023. With the decline in activity, the exchange’s derivatives market share stood at 40.7% at the end of … Read more
Meta recently showed off a new “Hyperscape” tech that takes the idea of stitching photographs together to form a 3D environment — such as YouTube’s 360 videos — and turns it into a real-time rendering system that could potentially revolutionize telepresence and redefine the idea of working from home. Hyperscape Meta’s still as bullish as … Read more
According to Geoff Kendrick, Standard Chartered’s global head of digital assets research, Bitcoin (BTC) dropping below $60,000 due to escalating geopolitical tensions in the Middle East could offer a prime buying opportunity. Bitcoin Below $60,000, A Buying Opportunity? As tensions between Iran and Israel intensify, risk-on assets like Bitcoin may face a downturn as investors … Read more
The Bitwise XRP ETF filing has gone live on the US Securities and Exchange Commission (SEC) website. This application, which is a first of its kind, will offer institutional investors an avenue to gain exposure to XRP if approved. Bitwise XRP ETF Now Live On SEC Website The asset manager has filed Form S-1 for … Read more
While October has historically been one of the strongest months for Bitcoin (BTC), a trader argues that placing too much importance on the entire month is wrong. “I do believe focusing too much on one month versus periods or larger blocks of time is a mistake,” Oliver Velez wrote in an Oct. 2 X post. The … Read more
Asset manager Grayscale Investments launched a new investment fund for Aave’s governance token, AAVE, according to an Oct. 3 announcement. The Grayscale Aave Trust “offers investors the opportunity to gain exposure to AAVE, the governance token for Aave’s platform,” Grayscale said. The fund, which is only available to qualified investors, adds to Grayscale’s suite of … Read more
