Category: crypto

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…

Bitcoin’s monthly MACD indicator has turned bearish, signaling a potential downturn in the cryptocurrency market. Rising Japanese bond yields, a strong dollar, and outflows from ETFs have triggered a sell-off and heavy liquidations. Ethereum also shows weakening technical indicators, indicating broader weakness in the crypto market if Bitcoin loses key support levels.

Falcon Finance integrates CETES, tokenized Mexican sovereign bills, expanding USDf collateral base beyond U.S. Treasury. Tokenized through Etherfuse on Solana, CETES provide exposure to sovereign yield in emerging market, diversifying risk and expanding collateral architecture. Users can access regulated sovereign yield outside USD, maintain exposure to local sovereign yield, and access global DeFi markets.

CoinsPaid’s CryptoProcessing has integrated Arbitrum and Base, two Layer 2 blockchains, to offer faster, cheaper, and more efficient crypto payments for merchants. This integration allows for instant payments with lower fees while maintaining Ethereum-level security. The move aims to make crypto payments frictionless and commercially viable at scale.

Europol and German-Swiss police collaborated to shut down the bitcoin mixing service Cryptomixer, seizing €25 million in bitcoin, 12TB of user data, and infrastructure used for money laundering. The operation in Zurich took place from Nov. 24-28, with servers seized and the domain replaced with a seizure banner.

Transak has integrated Monad, allowing over 10 million users to easily access MON on- and off-ramps. Monad is an EVM-compatible Layer-1 blockchain with fast transaction speeds. The integration enables seamless onboarding for apps building on Monad and has seen significant trading activity since its mainnet launch. Transak simplifies the process of buying and selling MON…

Zora crypto price returns to key accumulation zone in higher timeframe range, suggesting a possible 2x rally if support holds and momentum shifts back towards range high. Recent breakout and listing on Robinhood have not altered accumulation structure. Historical behavior indicates potential for significant upward move if support level is maintained.

Grayscale launched the first U.S. ETF dedicated to Chainlink, causing the token to jump 12.7% to $13.40. The new fund, GLNK, provides an easy way for investors to access Chainlink without dealing with private keys. Despite being down 40% this year, Chainlink remains essential in DeFi, gaming, NFTs, and onchain markets.

The Federal Reserve has stopped the process of quantitative tightening, which has caught the attention of Bitcoin traders. This move could have implications for the cryptocurrency market, as traders closely monitor the Fed’s decisions and their impact on the financial system.