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Nasdaq’s IBIT options expansion raises the contract limit from 25,000 to 1 million, enabling 40 times more derivatives exposure for BlackRock’s Bitcoin ETF. This move aims to enhance liquidity amid Bitcoin’s recovery to $92,000, though market fear and ETF outflows persist, testing investor conviction. Nasdaq’s filing boosts IBIT options capacity by 400%, aligning it with […]
Ripple’s RLUSD stablecoin has received formal recognition as an Accepted Fiat-Referenced Token from Abu Dhabi’s FSRA, enabling its use for payments and collateral in the ADGM financial hub. This approval positions RLUSD to compete with major stablecoins like USDT and USDC in the UAE’s growing digital asset market. Regulatory Milestone: FSRA’s designation allows licensed entities […]
Tether has halted its mining operations in Uruguay due to unsustainable energy costs and uncompetitive electricity tariffs, laying off 30 of its 38 employees. The decision follows partial investment of about $100 million from an initial $500 million plan, as high toll fees and unresolved pricing issues made the project economically unviable. Tether planned three […]
The Avalanche EU securities platform, powered by Securitize’s Trading and Settlement System (TSS), enables regulated trading and settlement of tokenized real-world assets across all 27 EU member states. This on-chain infrastructure merges trading and settlement for faster, cost-effective capital markets, debuting in 2026 on Avalanche’s high-throughput blockchain. Securitize gains EU-wide approval under the DLT Pilot […]
Business leaders are criticizing the UK Budget for lacking pro-growth measures despite £26 billion in tax increases aimed at welfare and fiscal stability, with rising costs like higher minimum wages and employer national insurance hitting companies hard. Rising employer costs, including national insurance contributions increasing in April, are squeezing business margins. Minimal stimulus for economic […]
Dogecoin’s Cycle 3 pattern reflects historical multi-year cycles, featuring a wedge structure with resilient $0.14 support tested five times in 2025. This fractal behavior suggests potential trend continuation if prior patterns repeat, maintaining structural stability amid steady trading volume. Dogecoin’s long-term chart shows a Cycle 3 wedge mirroring Cycles 1 and 2 for potential upward […]
Bitcoin is facing extended selling pressure into year-end 2025, with analysts warning of persistent weakness as investors unwind positions in BTC and spot ETFs. The cryptocurrency, currently around $91,200, has dropped over 20% in the past month amid liquidations and risk-off sentiment, but signs of stabilization are emerging near key support levels. Analysts predict ongoing […]
Ripple’s RLUSD stablecoin has gained regulatory approval in Abu Dhabi, allowing licensed firms in the ADGM to use it for payments, collateral, and other financial activities. This milestone boosts RLUSD’s adoption as a compliant USD-pegged token backed by reserves. Regulatory Approval: The FSRA in ADGM recognizes RLUSD as an Accepted Fiat-Referenced Token, enabling its use […]
The Upbit hack involved unauthorized withdrawals of Solana-based assets worth about $36-38 million from South Korea’s largest crypto exchange. Upbit detected the breach on November 27, froze Solana services, and committed to fully compensating affected users to ensure no losses. Upbit hack key details: Attackers targeted SOL, USDC, and tokens like BONK, JUP, RAY, RENDER, […]