The world’s largest cryptocurrency exchange announced a delisting move that will primarily affect its Ukrainian clients. Binance has been making headlines lately amid regulatory challenges in the European Union, and reports say US prosecutors have been examining alleged Iran-linked trading on the platform. The Latest Announcement Binance revealed that it will close UAH deposits and…
The @saylor account said Friday that Strategy wants to pay dividends daily on four of the preferred shares it uses in its Bitcoin financing strategy. The proposal would put cash in holders’ hands sooner without changing the securities’ economics at their current rates. Its value to Strategy depends on whether investors will pay more for…
XRP’s rebound has brought the token close to CryptoSlate’s $1.63 median forecast for Dec. 23, just a day after it hit an intraday low of $1.44. At press time, XRP traded near $1.61 after a 9.81% rise over 24 hours. The speed of that move shifts the focus from reaching the median to sustaining it…
DeFi protocol Ethena (ENA) announced a partnership with Binance and began backing USDe with stocks on Friday, essentially buying the exchange’s bStocks and shorting its matching equity perpetuals to earn the funding that leveraged longs pay. Ethena is partnering with @Binance as our first venue for the extension of the basis trade into equity perpetuals,…
US crypto exchange-traded funds have pulled in more than $3 billion this week as fresh demand spread beyond Bitcoin into Ethereum and altcoin products. Spot ETFs tracking Bitcoin, Ethereum, Solana, XRP and Zcash recorded about $3.04 billion of combined net inflows from Monday through Thursday, according to SoSoValue data. Bitcoin remained the dominant destination with…
The price of Cronos (CRO) rose about 6% this Friday after Crypto.com’s CEO Kris Marszalek announced the company has filed with the CFTC to list equity perpetuals in the United States. “Next step unlocked: We’ve officially filed with the CFTC for equity perps in the US, following our Form 1-N acknowledgement by the SEC last…
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can’t be frozen.
While Tether’s stated ceiling places its maximum exposure under $64 million, the incident underscores lingering counterparty risks in fiat gateway networks.
STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks.
Cardano’s native token has been rallying hard lately, posting a 20% weekly increase to surpass $0.25. In fact, it has outperformed many leading cryptocurrencies, including BTC and ETH, over that period. Several analysts believe the uptrend is just starting, with some envisioning gains of more than 1,000%. Same as Before? ADA has been thriving amid…