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 […]
WisdomTree Registers XRP ETF Application in Delaware Amid Regulatory Shifts
WisdomTree Funds, an asset management firm headquartered in New York, has registered in Delaware for an XRP exchange-traded fund (ETF) as of Nov. 25. This marks a significant step in the company’s broader strategy to submit its application to the U.S. Securities and Exchange Commission (SEC). Joining the ranks of early XRP ETF applicants like […]
Sui to launch Bitcoin staking
Babylon Labs and Lombard Protocol are collaborating to introduce liquid Bitcoin staking on Sui, a rapidly growing layer-1 blockchain network. The announcement, made on November 25, outlines plans for Bitcoin holders to begin staking their BTC on Babylon, a Bitcoin layer-2 network, starting in December. This will allow users to mint LBTC, Lombard’s liquid staking […]
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 […]
Pump.fun Faces Backlash Over Disturbing Content in Livestream Feature
Pump.fun, a decentralized platform designed for creating Solana-based memecoins, has come under intense scrutiny following reports that users have been streaming harmful and violent behavior. The platform’s livestream feature has sparked concerns within the crypto community, with many calling for stronger moderation or even a complete shutdown of the feature due to its increasingly troubling […]
Is $100K Really That Important? 5 Key Bitcoin Insights for This Week
Bitcoin Shorts Suffer in Sub-$96,000 BTC Dip After a brief dip below $96,000, Bitcoin recovered and was back above $98,000 at the time of writing. Traders are now eyeing the $100,000 mark, with sell-side liquidity increasing. The recent dip led to $500 million in cross-crypto liquidations, with BTC briefly touching $95,800. Some traders predict a […]
Tether Issues Another $3 Billion in USDt Stablecoins
Tether, the issuer of the popular stablecoin USDt, minted an additional $3 billion in tokens on November 23 across the Ethereum and Tron networks. This move comes in response to a surge in trading activity, particularly in Bitcoin, as it nears the $100,000 mark. According to Arkham Intelligence data, $2 billion in USDt was minted […]
How Two Papa John’s Pizzas Ordered in 2010 Became a Nearly $1 Billion Error
In 2010, programmer Laszlo Hanyecz made what would become one of the most famous and costly transactions in the cryptocurrency world. He spent 10,000 Bitcoin on two Papa John’s pizzas — an order that, in today’s terms, would set him back nearly $1 billion. In a 2019 interview with CBS’ 60 Minutes, Hanyecz recalled the […]
Bitcoin ETFs Attract $2.4B in Inflows as Chinese ETFs Record Historic Outflows
Spot Bitcoin exchange-traded funds (ETFs) had their fourth-best week in terms of investment inflows, while China-focused ETFs faced record outflows, signaling continued optimism for Bitcoin’s global adoption. U.S.-based Bitcoin ETFs saw inflows totaling $2.42 billion during the week of November 18–22, making it their fourth-largest week of investments since their January debut, according to data […]