Bitcoin reaching $75,000 to $80,000 by Christmas seems plausible, but hitting six figures will require everything to “go right from here,” according to a crypto analyst. Source link
-
-
TrustToken and TrueCoin, the entities behind the TrueUSD (TUSD) stablecoin, last week reached a settlement with the US Securities and Exchange Commission (SEC) over allegations of fraudulent and unregistered sales of investment contracts. The companies have agreed to pay a combined total of $700,000 in penalties and disgorgement without admitting…
-
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks. Source link
-
Inflows into crypto-related investment products continued for the third consecutive week, with $1.2 billion flowing into the sector, according to CoinShares’ latest weekly report. James Butterfill, CoinShares’ head of research, attributed the strong inflows to expectations of a dovish US monetary policy and positive market momentum. These factors pushed total assets under management…
-
After a $3.8 million hack on a long-known security vulnerability, Onyx plans to relaunch its governance-focused financial network with full community support. Source link
-
Ethena Labs, the developer of the “synthetic dollar” USDe, revealed that the community is reviewing a proposal to launch a decentralized crypto exchange to drive the asset’s growth. Ethereal On Sept. 30, Ethena community member Fells0x proposed the launch of “Ethereal,” a decentralized exchange (DEX) on the Ethena network. According…
-
Matrixport has completed its all-cash acquisition of Switzerland-based Crypto Finance Asset Management. Source link
-
Bankrupt FTX’s native FTT token has spiked by around 50% during the past day amid false rumors of upcoming credit repayments. Data from CryptoSlate shows that FTT peaked at $2.75—its highest value since March—but has slightly retraced to $2.14 as of press time. This represents a 56% increase over the…
-
Bitcoin traders’ BTC price bets stay firmly bullish as volatility slides back into the September monthly close. Source link
-
Nvidia CEO Jensen Huang said that only AI will have the speed to fight AI-produced fake information. Source link