Coinbase Ends USDC Rewards in Europe Amid MiCA Regulations
European Coinbase users have voiced frustration over regional crypto regulations following the exchange’s decision to end its yield program for USD Coin (USDC), a dollar-pegged stablecoin, for certain customers. On Nov. 28, Coinbase informed users via email—later shared by several recipients on X—that it would discontinue the USDC rewards program in the European Economic Area […]
Altcoins Volatility Likely to Persist Until Bitcoin Makes a Breakout, Says Analys
Altcoins are likely to continue experiencing dramatic swings in price until Bitcoin manages to break past the $100,000 milestone, according to a leading crypto analyst. “We’re waiting for that euphoric Bitcoin move before we see a significant shift in capital flow,” explained Pav Hundal, lead analyst at crypto exchange Swyftx, during his appearance at Aus […]
Altseason Delayed by Lack of New Retail Capital — Ki Young Ju
Ki Young Ju, the founder and CEO of CryptoQuant, recently shared his thoughts on the delayed altcoin season, asserting that for altcoins to experience significant growth, a fresh wave of retail capital will be necessary. Ju explained that institutional investors, whose capital is tied up in exchange-traded funds (ETFs), are unlikely to divert their gains […]
Bitcoin’s Metrics Indicate Bull Market Still Has Room to Grow, Not Overvalued
Bitcoin’s valuation indicators suggest the current bull market still has significant room to run, with no signs of the typical overvaluation that often signals a market peak. Analysts are now targeting a potential price of $146,000 for the cryptocurrency within this cycle. A recent report from research firm CryptoQuant, released on November 27, highlights that […]
Trump’s Team Considers Pro-Crypto Paul Atkins for SEC Chairman
President-elect Donald Trump’s team has conducted interviews with Paul Atkins, a well-known advocate for cryptocurrency, as a potential replacement for Gary Gensler as the next SEC Chair. Atkins, a seasoned financial regulator and a prominent figure within conservative financial circles, is reportedly among the top candidates under consideration by Trump’s team. Sources indicate that a […]
Valour Introduces First DOGE Exchange-Traded Product (ETP)
Valour, a leading issuer of cryptocurrency investment products, has announced the launch of the first-ever exchange-traded product (ETP) for Dogecoin (DOGE), the widely recognized memecoin. The milestone was revealed on November 26 by Valour’s parent company, DeFi Technologies. The newly introduced Valour DOGE ETP will be listed on Sweden’s Spotlight Stock Market, offering retail and […]
Five Tokens Plummet 40% Following Binance Delisting
Leading cryptocurrency exchange Binance has announced plans to remove five digital assets from its trading platform by mid-December, citing non-compliance with its internal standards. In a statement released on Nov. 26, Binance revealed that trading pairs for Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN) would no longer be available starting Dec. […]
Morocco’s Central Bank to Approve Cryptocurrency Legalization
Morocco is reportedly gearing up to legalize cryptocurrencies, reversing its 2017 ban on digital assets. As per a report from Reuters, the Bank Al-Maghrib, Morocco’s central bank, has drafted a law aimed at regulating cryptocurrencies. This proposal is currently undergoing review and is part of a broader effort to establish a legal framework for digital […]
Ex-Binance Executives Introduce Euro Stablecoin Aligned with MiCA Regulations
As Europe moves toward the final enforcement deadline for the Markets in Crypto-Assets Regulation (MiCA) by the end of this year, a new euro-backed stablecoin is preparing to make its debut in the market. Schuman Financial, a newly founded cryptocurrency company established by former Binance executives, including Martin Bruncko and Eduardo Morrison, has officially launched […]
MicroStrategy Increases Bitcoin Holdings with $5.4B Acquisition
MicroStrategy, the publicly traded business intelligence and software company, revealed on Nov. 25 that it had significantly increased its Bitcoin holdings in a recent filing. The company purchased approximately 55,000 Bitcoin (BTC) for a total of $5.4 billion between Nov. 18 and 24, at an average price of $97,862 per coin. This acquisition was financed […]