Coinbase surpasses Nasdaq and CBOE in revenue, climbing to fifth exchange globally
The cryptocurrency market is rapidly outpacing traditional financial exchanges, with Coinbase emerging as a dominant player, driven by a resurgence in market optimism following Donald Trump’s election victory. Key Highlights Market Valuation Insights Looking Ahead: The Battle Intensifies The Bottom…
Bitcoin In Germany – Ex-Finance Minister Wants Bitcoin Policy To Be More Adaptable
Key Points: Lindner’s Call for Crypto Reform On December 16, Christian Lindner, leader of the Free Democratic Party (FDP), criticized the German government’s inaction on Bitcoin (BTC) and crypto regulations. Lindner emphasized the need for immediate reforms to keep Germany…
Ethereum Hits Milestone with Over 100 Whales Now Hold 57% of Total Ether Supply
Key Points: Whale Wallets Dominate Ethereum Supply Ethereum whale wallets now account for 57% of all Ether in circulation, according to on-chain analytics platform Santiment. In a December 16 post, the platform reported that 104 wallets holding over 100,000 ETH…
Ripple’s RLUSD is all set to launch on December 17, aiming to disrupt the $200B market
Key Takeaways: Ripple, the digital payment giant, has announced that its U.S. dollar-backed stablecoin, RLUSD, will officially launch on December 17. The stablecoin will be available on the XRP Ledger and Ethereum blockchain, serving markets across the Americas, the U.K.,…
Bitcoin’s Surge of over $106,000 could lead itto $150,000 by the end of 2025
Key Takeaways Bitcoin skyrocketed to a record high on Monday, fueled by speculation that President-elect Donald Trump may establish a U.S. Bitcoin strategic reserve. The cryptocurrency touched an unprecedented $106,533 during the day before settling at $104,512, marking a 3%…
Ripple’s RLUSD Shaking Up the Market, With Price Being Quoted at $1200/RLUSD
Ripple’s newly introduced dollar-pegged stablecoin, RLUSD, has officially received regulatory approval from the New York Department of Financial Services (NYDFS), marking a significant milestone in its development and setting the stage for its upcoming launch. This approval positions RLUSD as…
Coinbase faces $1Billion lawsuit for delisting wBTC
Coinbase is facing a $1 billion lawsuit filed by BiT Global Digital Limited, which challenges the exchange’s decision to delist Wrapped Bitcoin (wBTC). The Hong Kong-based platform alleges that Coinbase’s action was a calculated effort to dominate the market and…
Sweden’s Valour brings 20 Crypto ETPs in an Epic Launch
Twenty new digital assets, including, Solana, Ripple, Cardano, Sui, Toncoin, Binance, Chainlink and Dogecoin, Hedera to name a few, exchange-traded instruments have been added by Valour Inc. on Sweden’s Spotlight Stock Market. According to a corporate announcement, this is the…
Bitcoin ETF being promoted on China’s Alipay payment app
Certain mainland Chinese users of Alipay encountered advertisements encouraging them to invest up to $137 per day in a fund offering indirect exposure to a U.S. spot Bitcoin ETF and Coinbase. Alipay, the largest payment platform in China with over…
MicroStrategy could join Nasdaq 100 with a possibility of $2.1 billion investment
Key take aways: It is anticipated that $2.1 billion in ETF share purchases will result from MicroStrategy’s December 23 listing on the Nasdaq 100, which could strengthen its Bitcoin holdings. An official announcement is planned for this Friday, December 13,…