Category: crypto

The Chicago Mercantile Exchange, a leading derivatives marketplace, experienced a significant increase in cryptocurrency futures trading volume in October, with average daily trading volume reaching its highest level of the month. This surge in volume was attributed to the launch of new futures contracts for XRP and Solana, as well as the introduction of Spot-Quoted…

Chicago-based derivatives exchange Bitnomial, regulated by the CFTC, now supports Ripple USD as margin collateral and expanded support for XRP. It is the first U.S. regulated exchange to accept stablecoins for margin collateral. This move follows the platform’s recent addition of margin deposits with cryptocurrencies like Bitcoin and Ethereum.

Olas has launched Pearl v1, a decentralized marketplace where users fully own and control their AI agents. The platform combines Web2 logins with Web3 self-custody, allowing users to manage, fund, and deploy agents directly. Pearl v1 offers a range of autonomous agents, with plans for rapid expansion through the Olas Accelerator program.

ZKsync’s recent governance proposal aims to change how revenue is generated for token holders. The upgrade introduces buybacks, staking rewards, and fee capture to increase utility. The proposal, endorsed by Vitalik Buterin, led to a 15% rise in ZKsync’s value in one day and a 65% weekly rally.

The U.S. Treasury has imposed sanctions on North Korea’s financial handlers involved in laundering stolen cryptocurrency to fund weapons programs. The department targeted eight individuals and two entities linked to the regime’s crypto laundering network, aiming to disrupt their ability to convert stolen crypto into usable currency.

Switzerland-based Fulcrum has launched its crypto-backed loans and lending platform, Fulcrum Lending, offering up to 12% APR on BTC, 13% on SOL, and 14% on USDT. The platform is fully insured and regulated by FINMA, providing users with high-yield alternatives to traditional savings accounts. It aims to offer greater financial control and flexibility for investors…

The crypto market lost over $300 billion in a single day as Bitcoin dropped below $100,000. The market dip coincided with ETF outflows and a spike in liquidations. The U.S. dollar’s rise signals a “risk-off” environment. Analysts suggest a possible consolidation phase in November with potential gains if Bitcoin holds above key resistance levels.

BNB price plummeted by over 8% in 24 hours to hit intraday lows near $900 amid a broader cryptocurrency market downturn. Losses for BNB came as Bitcoin fell below $100,000. Analysts are concerned about BNB potentially dropping to $800 or lower if selling pressure persists. Ethereum also experienced a nearly 10% drop to under $3,300.…

YouTube temporarily suspended XRP commentator Oscar Ramos for covering the Ripple Swell event, citing “harmful” content. This incident reignited memories of YouTube’s 2019 “crypto purge,” where digital asset channels were wrongly deleted. Many in the crypto community criticized YouTube’s lack of transparency and consistency in moderating crypto content.

AMINA Bank’s Austrian subsidiary has obtained a full MiCA license, allowing it to offer regulated trading, custody, and portfolio management services to professional investors across the European Union. This move marks the bank’s expansion into the EU crypto market, catering to institutional clients seeking compliant exposure to digital assets.