A protracted-dormant Ethereum whale resurfaced after 10 years, staking all 40,000 of its ICO-era ETH moderately than offloading it on an change. The transfer, round US$120M, contrasts with different early Ethereum holders, two of whom just lately started promoting giant parts of their long-held tokens. 10 out of 12 valuationContinue Reading
Kalshi launches tokenised contracts on Solana to focus on crypto customers and increase liquidity. November volumes hit US$5.8B (AU$8.97B) for Kalshi, US$3.7B (AU$5.70B) for Polymarket. Builder Codes and a US$2M (AU$3.08M) grant programme goal to encourage developer engagement. Kalshi, a number one US prediction market, has built-in tokenised occasion contractsContinue Reading
Bitcoin briefly dipped beneath US$84k early Tuesday morning Australian time earlier than recovering above US$86,547, whereas Ethereum fell beneath US$3k. QCP Capital attributed the downturn to weak weekly and month-to-month closes, post-Thanksgiving US dealer promoting stress, and Asia-driven headwinds together with Japan’s potential price hike. BRN’s Timothy Misir characterised theContinue Reading
Grayscale converts its Chainlink Belief into the primary US spot Chainlink ETF. The ETF tracks LINK worth, could embrace staking returns, and appeals to institutional buyers. Launch follows altcoin ETF wave, signalling rising mainstream and controlled crypto market adoption. Grayscale Investments is making ready to record the primary US spotContinue Reading
Vanguard, the world’s second-largest asset supervisor, will probably be including crypto ETFs and mutual funds to its brokerage platform on Tuesday US time, in accordance with Bloomberg. Most crypto-based merchandise that meet regulatory necessities will probably be added to the platform, though these based mostly on memecoins will stay excluded.Continue Reading
Michael Saylor’s Technique established a $1.44 billion US greenback reserve, funded by promoting Class A typical inventory, to cowl no less than 21 months of dividends on most popular inventory and excellent debt curiosity. The reserve is meant to enrich its Bitcoin holdings, reassure collectors and shareholders, and assist theContinue Reading
Ripple Labs has formally secured approval from the Financial Authority of Singapore (MAS) to develop the scope of fee actions below its Main Fee Establishment license. This enables the corporate to supply a wider vary of regulated crypto-enabled fee providers. President Monica Lengthy mentioned the transfer reinforces Ripple’s regulation-first techniqueContinue Reading
Sony Financial institution plans to situation a US dollar-pegged stablecoin within the US as early as fiscal 2026, aiming to make use of it for funds inside video games, anime, and different digital content material. The web lender, a part of Sony Monetary Group, has utilized for a U.S. bankingContinue Reading
China reaffirms its crypto ban, warning stablecoins pose main AML and monetary dangers, whilst underground Bitcoin exercise quietly persists. The PBoC says digital property stay unlawful, criticising stablecoins for weak compliance and emphasising strict enforcement alongside digital yuan enlargement. Regardless of Beijing’s prohibition, crypto use continues covertly whereas regulators spotlightContinue Reading
S&P International downgraded Tether’s USDT to its lowest score, 5, citing excessive publicity to riskier reserves and restricted transparency/disclosure S&P expressed concern that the riskier property and poor disclosure might weaken USDT’s potential to keep up its value peg beneath future market stress. Tether CEO Paolo Ardoino strongly disagreed withContinue Reading
