In a landmark ruling, the Madras High Court in India has declared that XRP and other cryptocurrencies as property under Indian law. The judgment was given by Justice N. Anand Venkatesh. He also pointed out that cryptocurrencies are recognizable, movable, and manageable solely with the help of privatized keys that makes them a unique type […]
Kyrgyzstan has made a significant move in the adoption of digital finance. It has now included Binance Coin (BNB) on its list of National Cryptocurrency Reserves. This was announced by Binance founder Changpeng Zhao (CZ) who disclosed a number of other crypto milestones in the country. Kyrgyzstan Launches CBDC and Stablecoin on BNB Chain According […]
Polymarket has surpassed $20 billion in total trading volume and has confirmed plans to launch its native POLY token. The team also confirmed plans to airdrop tokens for its investor base. Polymarket Confirms POLY Token Launch and Airdrop Matthew Modabber, Polymarket’s Chief Marketing Officer, revealed during a podcast appearance that the team is preparing to […]
Institutional momentum in XRP is accelerating as the first U.S. spot XRP ETF ($XRPR) reached a new milestone. In addition, CME Group has expanded XRP derivatives with new options following strong demand for its futures product. REX–Osprey XRP ETF Reaches A New Milestone With $100 million in assets under management (AUM), the REX-Osprey XRP ETF […]
In a ground-breaking Bitcoin news development today, financial giant JPMorgan on Friday said it plans to allow its institutional and high-net-worth clients to use BTC and ETH directly as collateral for loans. This comes as traditional financial giants such as BlackRock, Morgan Stanley, and Goldman Sachs enter the crypto market amid a pro-crypto regulatory landscape. […]
The U.S. Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) data on Friday, despite the U.S. government shutdown. Investors are bracing for the U.S. Federal Reserve’s preferred inflation gauge, seeking further cues on whether crypto market could crash again. How US CPI Estimates by JPMorgan and Other Wall Street Giants The […]
Rowe Price has filed for its first actively managed crypto exchange-traded fund (ETF). It is one of America’s most established investment giants with $1.68 trillion in assets under management. Rowe Price ETF Targets Leading Crypto Assets Like BTC, ETH The registration that was submitted to the U.S. Securities and Exchange Commission (SEC) will be the […]
Kadena has announced it was shutting down operations, sending its KDA price into a freefall. In light of this, Cardano founder Charles Hoskinson publicly offered to connect with the project’s community. This has led to speculation of a potential partnership. Cardano Founder Extends a Hand to Kadena In a post on X, Charles Hoskinson signaled […]
Leading asset manager ProShares is seeking to establish a new crypto ETF tracking the CoinDesk 20 Index. Hence, it has registered with the Securities and Exchange Commission (SEC) in the United States to seek approval. It evaluates the performance of the 20 best-performing cryptocurrencies in terms of market capitalization. ProShares ETF to Track CoinDesk 20 […]
Aster is regaining momentum in the perp DEX space as it outpaces Lightchain in 24-hour volume. This comes as Wintermute quietly accumulated millions of tokens following a period of aggressive selling. Aster Reclaims Top Spot in Perp DEX Rankings According to DefiLlama data, Aster led the perpetual decentralized exchange (perp DEX) market with over $10.6 […]