A new project by Tether co-founder Reeve Collins has recently listed on major exchanges including Binance Alpha, Kraken and ByBit, a stablecoin (STBL) that is attempting to disrupt how onchain finance is using blockchain technology to settle in good old fashioned treasuries. CN: What is STBL and how does STBL differentiate itself? RC: STBL’s architecture…
Solana ETF approval odds are now at 100% according to Bloomberg ETF analyst Eric Balchunas. Summary Bloomberg ETF analyst Eric Balchunas says the odds of a Solana ETF approval are at 100%. Issuers have submitted amended filings for Solana spot ETFs. The SEC has withdrawn all delay notices for multiple crypto ETFs. “Honestly, the odds…
Plasma price has retreated from its recent peak, even as total value locked on the network more than doubled to $5.45 billion. Summary Plasma trades at $1.14, down 13% in 24h and 32% from ATH. TVL hits $5.45B, more than doubling since Sept. 26. Oversold RSI hints at rebound with $1.12 acting as key support and…
The SEC has cleared DoubleZero’s DePIN tokens, signaling that blockchain-based infrastructure rewards may fall outside U.S. securities laws. Summary The SEC issued a no-action letter confirming that DoubleZero’s 2Z token, used to incentivize network participation, does not require registration as a security. DePIN tokens reward contributors for providing physical infrastructure, distinguishing them from traditional investment…
Bitcoin and Ethereum spot ETFs recorded a combined $1.06 billion in net inflows on Sep. 29, as institutional demand returned ahead of what has historically been one of the most bullish months for Bitcoin and other major crypto assets. Summary Bitcoin and Ether ETFs have collectively drawn over $1 billion in net inflows on Monday….
A new Wisconsin bill introduced in the state legislature wants to exempt individuals and businesses from having to obtain a money transmitter license for activities such as exchanging digital assets, staking, and crypto mining. Summary Wisconsin lawmakers introduced Assembly Bill 471 to exempt crypto mining, staking, and non-fiat digital asset transactions from money transmitter licenses….
BitMine is aggressively increasing its ETH holdings, further positioning itself as a major force in the Ethereum treasury space. Summary Ethereum treasury company BitMine buys 25,369 ETH worth $127 million, pushing its total corporate holdings to 2.65 million ETH. Aggressive treasury strategy continues, with the firm aiming to control up to 5% of Ethereum’s circulating…
TokenWorks’ NFT Strategy tokens have been launched on the NFT marketplace OpenSea after gaining widespread market success with the ‘flywheel’ affect that lets traders combine DeFi with NFT. Summary All eight NFT Strategy tokens by TokenWorks have been listed on the OpenSea NFT marketplace. NFT Strategy tokens combine NFTs and DeFi, managing assets related to…
Bitcoin price has rebounded from September lows as rising volumes, institutional inflows, and supportive technicals fuel expectations of a Q4 rally. Summary Bitcoin price rebounded to $114,603, up 2.5% in 24 hours, supported by rising trading volume and institutional inflows. Analysts say late-September gains mark the start of a potential Q4 rally, with some forecasting…
Sei price has crashed to an important support level and formed a descending triangle as the number of transactions and active addresses plunged in September. Summary Sei crypto price has formed a descending triangle pattern. The number of transactions plunged by 87% in the last 30 days. Sei’s unique active wallets fell by 20% in…
