Crypto
Hong Kong insurers hit with 100% capital requirement on direct crypto bets
The first Asian framework allowing insurers to retain cryptocurrency under a 100% risk charge is being drafted by Hong Kong’s insurance regulator, while stablecoins follow capital regulations based on fiat.…
Polymarket Plans Fresh Fundraising Round Aiming for $15B Valuation
Early talks are being held by Polymarket with investors in order to obtain more funds at a valuation of $12 billion to $15 billion. Bloomberg reported this on October 23…
SEC Chair Sets Out Core Directions for Regulatory Efforts
On September 23, Atkins informed host Maria Bartiromo that the SEC is collaborating closely with the Commodity Futures Trading Commission to decide how the agencies will share accountability and to…
XRP and Dogecoin ETFs Set to Launch This Week, Marking Another Altcoin Milestone
This week, two new cryptocurrency exchange-traded funds that follow Dogecoin and XRP are anticipated to debut in the US as regulators become more receptive to crypto investment products. According to…
Solana Treasury Demand and ETF Inflows Increase as Helius Announces $1.25 Billion SOL Offering
Monday saw a spike in corporate acquisition activity for Solana (SOL) as Helius Medical Technologies (HSDT) made a $1.25 billion offer and Forward Industries bought SOL for $6.8 million. Due…
Coinbase teams up with Samsung to broaden crypto access for U.S. users
Coinbase (COIN) and Samsung are collaborating to integrate Coinbase One into the Samsung Wallet, thereby expanding cryptocurrency trading for US customers. Samsung partners with Coinbase for crypto trading integration Samsung…
Wyoming Rolls Out FRNT Stablecoin, Backed by GENIUS Bill Legislation
Wyoming’s Stable Token (FRNT), the first U.S. state-backed digital currency, went live on the mainnet Tuesday, as announced by the Wyoming Stable Token Commission. Wyoming Launches FRNT, the First State-Issued…
Crypto ‘Buy the Dip’ Hype Rises, But More Losses May Follow
Following Bitcoin’s 5% drop over the previous week, there have been an increasing amount of “buy the dip” requests on social media, which sentiment site Santiment says could indicate further…
Treasury Department Asks Public for Feedback on Curbing Illegal Crypto Use
The US Department of the Treasury said in a statement on Monday that it has asked for public feedback on how financial institutions can stop illicit activity involving the usage…
Bitcoin holds steady as Fed holds interest rates, Powell concerns tariff-driven inflation
In keeping with market expectations, the US Federal Open Market Committee (FOMC) decided on Wednesday to maintain interest rates at their current level. While Bitcoin (BTC) momentarily dropped below the…
Market at a glance
BTC$82,061 +0.1%
ETH$2,433 −0.8%
SOL$105.58 +0.3%- Fear & Greed53 Neutral
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