Stablecoins
Crypto
Bitwise registers XRP ETF trust filing in Delaware
Bitwise filed for a XRP trust on Sept. 30, following Grayscale launching its own trust and Ripple win in court on August.
Derivatives
Middle East tension causes massive crypto market shakeup, $489 million liquidated
Crypto long positions endure cascading liquidations for the past 24 hours as Iran launches an air strike against Israel.
Crypto
Bitcoin’s price surge draws interest from ‘nocoiners’ but ownership stagnant – Fed survey
Although ownership rates are still low compared to pre-2022 levels, crypto interest soared among US consumers.
Crypto
Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys
High open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin’s historically strong October performance.
Crypto
Trump-backed World Liberty Financial launches whitelist process, US retail investors left out
The whitelisting process is open for accredited US investors and all non-US persons, while US-based retail investors cannot qualify due to regulatory limitations.
Regulation
Senator Lummis predicts SEC Chair Gensler will step down next year if Trump is elected
The SEC Chair will "certainly" not maintain his role under a Trump government, but a Harris presidency might also end his term.
Crypto
Cantor Fitzgerald CEO says Bitcoin should be treated as a commodity like gold and oil
Howard Lutnick claimed that regulators have "no idea what they are talking about" when is comes to define crypto.
Crypto
Guggenheim issues $20 million worth of tokenized commercial paper on Ethereum
The financial consulting firm tapped the services of the qualified investors-focused tokenization platform AmpFi.Digital.
Crypto
Bitcoin daily close above $65,000 is ‘pivotal’ to start an upward movement – Kraken
Despite breaking the $65,000 area this afternoon, Bitcoin still needs to hold its price above it to confirm the bullish sentiment.
Crypto
Bitcoin’s correlation with global liquidity outshines gold and stocks
Bitcoin movement in tandem with the M2 Index and on-chain data can be useful signs to assess market cycles, the report points out.
Crypto
Analysts remain divided on Q4 outlook despite Bitcoin rally following rate cuts
Macroeconomic indicators prompt disconnected analysis from different analysts from the crypto industry over Bitcoin's future.
Stablecoins
PayPal’s PYUSD stablecoin shrinks 30% in a month as DeFi yields on Solana plummet
A decline in Solana DeFi ecosystem incentives is likely driving the fall of PayPal's stablecoin from $1 billion to $712 million market cap.
