Category: Cryptocurrency
Bitwise has filed for a Dogecoin ETF
Bitwise has applied to the U.S. Securities and Exchange Commission (SEC) for a Dogecoin ETF. This application is significant because it is the first physically-backed structure for Dogecoin under the “33 Act.” Bitwise’s move follows its recent corporate registration in Delaware. This development comes shortly after Rex Shares submitted applications for a series of ETFs.
Crypto.com will remove Tether listing for EU users on January 31
Crypto.com plans to delist Tether’s U.S. dollar-pegged stablecoin, USDT, for European customers by January 31. This decision comes as part of their compliance with the Markets in Crypto-Assets (MiCA) Regulations, according to an email sent to users on January 28. The email also mentioned the delisting of several other assets, including Dai, Wrapped Bitcoin (WBTC),
Bracket introduced its new platform that simplifies liquid staking
Bracket, a DeFi platform backed by Binance Labs, has unveiled its new strategy management platform. This innovative platform aims to provide liquid staking token (LST) holders with higher staking yields on Ethereum. The feature, known as “ETH+,” addresses inefficiencies found in traditional LST liquidity pools. These pools are often fragmented, which hinders seamless yield optimization.
The first project Elon Musk discussed for DOGE has emerged
Elon Musk’s Public Efficiency Organization (DOGE) has made a significant move in the cryptocurrency world. The organization is reportedly in discussions with projects aimed at utilizing blockchain technologies. One of these projects, Movement (MOVE) token, has captured the attention of investors following recent developments. According to the latest information, DOGE is in close contact with
Crypto market prospects after the DeepSeek storm
The recent upheaval caused by DeepSeek has significantly shaken the financial markets. As a result, Bitcoin and other cryptocurrencies have experienced notable fluctuations. This event has sparked discussions about the influence of artificial intelligence on the economy and the future of digital currencies. Insights from Bybit TR Country Manager Kutluhan Akçın Bybit TR Country Manager
The price of Ethereum (ETH) is testing the support level of $3,000
Ethereum (ETH) price continues to approach the $3,000 threshold. The recent death cross on ETH’s EMA lines indicates an increasing bearish trend as sellers take control. According to a report by Beincrypto, if significant support levels are breached, ETH could test $2,927 or drop to $2,358, which has been its lowest point since November 2024.
Standard Chartered “dips create buying opportunities”
Geoffrey Kendrick, the currency and digital assets research manager at the British banking giant Standard Chartered, stated today that the recent declines triggered by news from China have created buying opportunities for Bitcoin and other cryptocurrencies. He emphasized that these market fluctuations could allow investors to acquire digital assets at more favorable prices, potentially leading
Cryptocurrency Market Outlook for This Week
The cryptocurrency market seems poised for exciting developments this week for investors, with several key events and data releases that could significantly influence market dynamics. As we navigate through this week, it’s essential to keep an eye on the upcoming announcements and their potential impact on cryptocurrency prices. Key Economic Data Releases According to a
Last week’s highlights in the Cryptocurrency Market
The cryptocurrency market had a dynamic week, featuring significant developments that captured the attention of investors and enthusiasts. From regulatory changes to major market shifts, various factors influenced the digital asset landscape. In this recap, we will explore the key highlights and trends that defined the cryptocurrency space over the past week. These insights may
Ripple continues to grow with money transfer licenses in New York and Texas
Ripple continues to strengthen its growth strategy by securing money transfer licenses in New York and Texas, further expanding its influence in the cryptocurrency space. On January 27, Ripple announced that its recent acquisition of money transfer licenses aligns with the growing demand for compliant, real-time global payment solutions in both New York and Texas.