A spot Bitcoin ETF will bring fresh money to the market, but it will not change a fundamental reality: Bitcoin liquidity is declining. The Chicago Mercantile Exchange (CME) has long been the home of crypto for traditional finance investors, and this is unlikely to change — even with the approval of a Bitcoin spot ETF....Continue Reading

The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits. A federal judge has accepted materials from Jump Crypto Holdings in discovery for the United States Securities and Exchange Commission (SEC) case against Terraform Labs. In a Nov. 28 filing in U.S. District Court...Continue Reading

Cryptocurrency exchange Bybit restricts use in the United States, although it may be possible to get around it. Coinbase is warning that it has received a subpoena from the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who have posted copies of the message. The CFTC is seeking information about...Continue Reading

AI and blockchain are emerging technologies and have a very bright future. Both of them are at the cutting edge of innovation. In the current period, blockchain technology is predominantly used for financial transactions. However, there are emerging trends that are redefining the application of blockchains with purposes like fraud detection, AML and supply chain...Continue Reading

The “Off Exchange” trading system was launched by Fireblocks, allowing institutions to trade without fully relinquishing custody. Multi-party computation (MPC) wallet provider Fireblocks has released a new trading system for institutions that use centralized exchanges, according to a Nov. 28 announcement. Called “Off Exchange,” the new system allows institutional traders to swap tokens without first...Continue Reading

The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC. A federal judge has approved an order requiring crypto lending firm Voyager Digital and its affiliates to pay $1.65 billion in monetary relief to the United States...Continue Reading

OQC is also launching what it calls “the world’s first enterprise ready quantum computing platform.” Oxford University physics spinout Oxford Quantum Circuits (OQC) recently announced the launch of Toshiko, a 32-qubit quantum computing services platform, alongside a $100M Series B funding round led by Japan’s SBI Group’s investment arm. The company claims that Toshiko is...Continue Reading

Hong Kong clients will be able to purchase Bitcoin and Ether in their personal accounts. Interactive Brokers, one of the largest brokerage firms in the world, has opened crypto trading for retail clients in Hong Kong. According to the Nov. 28 announcement, the service is offered in conjunction with OSL, one of the first crypto...Continue Reading

Dogecoin is down today primarily due to technical factors as DOGE price now risks a deeper correction by as much as 70%. The price of Dogecoin (DOGE) is down today, mirroring trends elsewhere in the cryptocurrency market. Why is Dogecoin price down today? On Nov. 28, DOGE’s price dropped over 3.5% to $0.076, underperforming the...Continue Reading

Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital. Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line. According to its Q3 2023 earnings report released on Nov. 28, the company seeks...Continue Reading