Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin. Tether, the issuer of USD₮, the world’s largest stablecoin by market capitalization, is dropping support for its euro-pegged stablecoin, asking users to redeem holdings within one year. Tether has decided to...Continue Reading
MIAX joins Nasdaq and NYSE in listing options on Bitcoin ETFs. Cboe will start in December. MIAX Sapphire Options Exchange submitted revised rules to start listing options on three Bitcoin (BTC) exchange-traded funds (ETFs), according to a Nov. 25 regulatory filing. The rule change permits MIAX Sapphire to list options on Grayscale Bitcoin Trust (GBTC),...Continue Reading
Charles Hoskinson drives Cardano’s many achievements but also overshadows them with controversial comments and by picking pointless fights. Charles Hoskinson is arguably the best and worst thing about Cardano. Without him, of course, the chain would not exist hes driven its development over the past decade and claims he invested $450 million of his own...Continue Reading
BTC price upside makes a confident return as chart analysis sees fresh odds of Bitcoin hitting $100,000 after all. Bitcoin (BTC) gained nearly 4% on Nov. 27 as buyers stepped in to halt a trip to weekly lows. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC price action seeking...Continue Reading
XRP could crash by 25% in the worst case scenario, particularly due to its overbought conditions that have preceded similar price crashes. XRP (XRP) has dropped by over 17% four days after reaching a multi-year high of around $1.63, trading at around $1.41 as of Nov. 27. On a month-to-date basis, however, the cryptocurrency is...Continue Reading
The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset. Ken Sim, who has served as the mayor of Vancouver since 2022, announced plans for the Canadian city to add Bitcoin to its balance sheet as part of efforts to diversify...Continue Reading
Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. November’s market activity has spurred a surge in stablecoins trading, buoyed by the heightened institutional confidence in the digital assets industry. According to a CCData report on Nov. 27, stablecoins trading volume saw a sharp increase...Continue Reading
SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in the company. OpenAI, the artificial intelligence company behind ChatGPT, has received a $1.5 billion investment from SoftBank Group through a tender offer allowing the purchase of shares from current and former OpenAI...Continue Reading
The VC firms sued in a California case were active in DAO management, much like general partners, said the court. They could face hefty lawsuits. Legal structure probably isn’t the first thing that comes to mind when thinking about decentralized autonomous organizations (DAOs), but it will likely draw more attention in the coming years. A...Continue Reading
Bitcoin’s journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage. Since its global debut on Oct. 31, 2008, Bitcoin has grown from a whimsically ambitious idea to an asset with a multitrillion-dollar market capitalization that is reforming...Continue Reading
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