The Heartbeat of the Crypto World is Here!

Robinhood Markets and Susquehanna International Group are acquiring a 90% stake in MIAXdx, an FTX-linked exchange formerly known as LedgerX, to expand into prediction markets. This strategic move positions them against competitors like Kalshi and Polymarket amid surging interest in event-based trading platforms. Acquisition Details: Robinhood and Susquehanna secure majority control of MIAXdx, a CFTC-licensed […]

Ethena Labs recently purchased over 125 million ENA tokens worth approximately $33.45 million from centralized exchanges, coinciding with a 12% price surge for ENA to around $0.30. This accumulation reflects growing reserves in the USDe stablecoin protocol, potentially signaling further bullish momentum amid increased trading volume. Ethena Labs’ ENA purchases have historically preceded price rallies, […]

Binance Prestige is a new VIP service launched by Binance to help affluent traditional finance investors enter the crypto space with personalized support. It offers high-touch guidance for family offices and private funds, focusing on onboarding, fiat access, and custody without banking services like trusts. Binance Prestige targets wealthy investors from traditional finance seeking crypto […]

Dogecoin has successfully defended its $0.14 support level multiple times, demonstrating robust buying interest amid market volatility. This resilience, combined with the launch of new ETFs by Bitwise and Grayscale on NYSE Arca, enhances accessibility for traditional investors seeking exposure to the cryptocurrency. Dogecoin price action shows repeated bounces from the $0.14 support, signaling strong […]

The Dunamu Naver merger involves South Korea’s largest crypto exchange operator being acquired by payments giant Naver Financial in a $10.29 billion all-stock deal, focusing on stablecoin innovations to bridge crypto and traditional finance. Dunamu, owner of Upbit, will become a wholly owned subsidiary of Naver Financial. The merger aims to combine crypto trading with […]

Recent US jobless claims dropped to 216,000, signaling a robust labor market that reduces expectations for Federal Reserve rate cuts. This strengthens the case for higher interest rates longer, pressuring the crypto market by limiting liquidity and keeping Bitcoin in a sideways pattern amid macro uncertainties. Jobless claims decline signals labor strength: The latest data […]

The UK government is exploring an increase in Treasury bill issuance through its Debt Management Office to attract stablecoin issuers seeking low-risk assets, enhancing sterling markets and supporting financial stability amid growing demand from digital asset firms. UK’s Debt Management Office plans a January consultation on expanding ultra-short-dated debt markets to diversify investors, including stablecoin […]

Robinhood’s acquisition of a 90% stake in LedgerX positions the trading app to launch its own prediction market platform, enhancing event contracts amid growing demand. This move follows partnerships like Kalshi and could boost revenue through innovative products, with HOOD shares rising over 8% to $125. Strategic Acquisition: Robinhood secures regulatory-approved infrastructure via LedgerX to […]

Bolivia is integrating cryptocurrencies and stablecoins into its financial system to combat high inflation and dollar shortages, allowing banks to custody digital assets for savings, loans, and credit. This move modernizes the economy amid global competition, as announced by Economic Minister Jose Gabriel Espinoza. Bolivia’s economy faces over 22% inflation, driving residents to stablecoins like […]