Everything but ETH seems to be rallying, even though Ethereum’s DApp volumes are surging. What gives? Ether (ETH) price has struggled to maintain levels above $3,200 between Sept. 13 and Sept. 19. However, onchain metrics have improved, particularly when compared to some of Ethereum’s direct competitors. Traders are now questioning how long it will take...Continue Reading

The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether. United States President-elect Donald Trump has chosen Cantor Fitzgerald CEO Howard Lutnick to be his Secretary of Commerce, according to press reports on Nov. 19. Lutnick has a long record as a cryptocurrency proponent. The Secretary of Commerce is charged with...Continue Reading

Coinbase has already discontinued market trading of WBTC and is only facilitating limit orders. Coinbase will be suspending trading of Wrapped Bitcoin (WBTC) in December, citing undisclosed failures to meet the cryptocurrency exchange’s standards for listing tokens, Coinbase said. “We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based...Continue Reading

Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets?  Bitcoin’s (BTC) potential climb to the $100,000 price level has captivated investors for years. While retail participants often celebrate such psychological milestones, the key impact should come from institutional adoption and advancements in the...Continue Reading

Crypto drainers face mounting pressure from law enforcement as investigators uncover deeper links between services like Inferno Drainer and high-profile attackers. Major cryptocurrency drainers like Inferno and Pink made headlines this year by announcing they were retiring — but victims continue to lose staggering sums. A crypto drainer typically tricks a user into connecting a...Continue Reading

The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said. PayPal has tapped Xoom to enable cross-border payments using its stablecoin, PayPal USD (PYUSD), the payments giant said on Nov. 19. The partnership is designed to expand access to PYUSD in Asian and African markets and let PayPal settle...Continue Reading

Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license. Blockchain infrastructure platform Paxos has agreed to buy Membrane Finance, the Finnish Electronic Money Institution. Upon regulatory approval, the acquisition will give Paxos entry into the European Union. The acquisition of Membrane Finance will make Paxos a fully...Continue Reading

Bitcoin refuses to bow to sellers as BTC price action stages a rebound toward all-time highs. Bitcoin (BTC) saw swings near all-time highs on Nov. 19 as geopolitical tensions sparked risk-asset volatility. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed 2.4% daily BTC price gains returning after a brief dip...Continue Reading

Smart money sentiment around Ether is significantly positive. Is it a sign that ETH’s rally will continue? Ether (ETH) has demonstrated strength over the last two weeks, rising 30% between Nov. 4 and Nov. 19. This rally saw the largest altcoin by market capitalization break above $3,000 for the first time since Aug. 2. ETH/USD...Continue Reading

Three of the five individuals indicted in the FTX case have been sent to prison, while one was given time served. On Nov. 20, FTX co-founder Zixiao “Gary” Wang will stand before a judge in a New York courtroom and learn whether he will spend years of his life in prison or be allowed to...Continue Reading