Category: crypto

Stable has revealed its STABLE tokenomics design for its upcoming mainnet launch, detailing the distribution of tokens for ecosystem growth and governance. The mainnet will go live on Dec. 8 with over $1.1B in pre-deposits and integration with USDT0 for gas fees. The project aims to provide reliable infrastructure for enterprise users and stablecoin-heavy applications.

O’Leary expects Bitcoin to remain stable regardless of a potential December Fed rate cut, dismissing market speculation. He does not anticipate a rate cut and is not adjusting his investments accordingly. Despite market expectations, he believes Bitcoin will drift within 5% of current levels with no major catalyst for price movement.

The U.S. Justice Department seized the domain tickmilleas.com, part of a scam compound in Burma that ran cryptocurrency investment scams. The operation had ties to sanctioned entities and involved trafficked workers. The DOJ has been cracking down on such scam centers in Southeast Asia, targeting fraudulent trading platforms and large-scale crypto fraud schemes.

A new law in the U.K. officially recognizes digital assets like cryptocurrencies and stablecoins as personal property. The bill introduces a third category of property, giving digital assets a clear legal status beyond traditional frameworks. This change aims to provide clarity and protection for consumers and investors when handling digital holdings.

CME Group has launched new cryptocurrency benchmarks for Bitcoin, Ether, Solana, and XRP, including a VIX-style Bitcoin volatility index. These benchmarks provide reference prices and volatility metrics for institutional traders, with Bitcoin volatility indices estimating 30-day implied moves based on options and Micro Bitcoin futures. The products are non-tradable and aimed at risk management, options…

21Shares has filed an amendment revealing the fee structure and operational details for its upcoming spot Dogecoin exchange-traded fund in the U.S. The fund will have a 0.50% sponsor fee, with fees for creations and redemptions falling on authorized participants. DOGE-related investment products are on the rise, with trading activity around DOGE increasing.

Pepe Coin price increased by 14% in 24 hours, driven by retail buying with limited support from large holders. Technical indicators show potential bearish divergence and a head-and-shoulders pattern. Price needs to maintain support levels and break resistance for a confirmed reversal, otherwise downside continuation is likely.

A ChatGPT-powered trading bot highlights Chainlink, Toncoin, and Kaspa as altcoin opportunities due to tokenization demand, Telegram integrations, and blockDAG tech. Chainlink benefits from real-world asset tokenization and CCIP, Toncoin leverages Telegram, and Kaspa gains miners’ interest with its blockDAG design. Markets are stabilizing, showing potential for growth in these assets.

Binance appointed Yi He as co-CEO while founder Changpeng Zhao agreed to step down as part of a 2023 plea agreement. Legal experts are divided on the impact of a presidential pardon on Zhao’s management ban. Zhao still owns a majority stake in Binance and is negotiating with the DOJ to end the monitorship program…

XBO.com has launched tokenized stocks on its Spot Trading platform, allowing users to trade global equities like Apple, Tesla, and Amazon using cryptocurrency. The platform offers 1:1 backed stocks through USDT pairs with no additional accounts needed, enabling users to buy fractional shares at a low entry barrier. XBO.com plans to expand its offerings with…