Category: crypto

Canary Capital updated applications for a spot Litecoin ETF and Hedera exchange-traded funds, finalizing tickers and fees. Approval odds are high despite the SEC’s limited operations during the shutdown. Analysts see approvals as imminent, with Canary preparing for potential approval once the SEC resumes normal functions. The ETFs could mark the next phase of institutional…

SEC Chairman Paul Atkins plans to formalize an innovation exemption by late 2025 or early 2026 to provide a clear regulatory path for crypto and fintech projects. Despite a government shutdown, Atkins remains focused on finalizing the exemption to prevent brain drain of crypto developers and startups leaving the U.S. for clearer regulations.

BSC DEX trading volume hit $6.05 billion on Oct. 8, led by PancakeSwap. Meme coin season on BNB Chain brought $401 million in profits, with 70% of traders profiting. One trader made $10 million, while most made around $1,000. Only 4,418 traders experienced losses, with two losing over $1 million.

Hyperliquid has listed perpetual futures for the unlaunched Monad (MON) token, allowing traders to speculate ahead of its mainnet debut. Despite the original expected launch date of Sept. 30, the mainnet is still offline as of Oct. 8, currently in the audit phase. Users can engage with the Monad testnet and ecosystem projects to potentially…

Dogecoin price struggles to hold ground below key support levels, showing weak short-term momentum. Despite recent dips below $0.25, positive market sentiment and upcoming network upgrades may stabilize the price. Institutional interest and ETF filings could also support a potential rebound. Dogecoin’s long-term trend remains intact, with resistance at $0.29.

Crypto scammers hacked PancakeSwap’s official Chinese X account to promote a scam meme coin called “Sir Pancake.” The scammers sold the token, but community members continued trading it. PancakeSwap confirmed the breach and warned users not to click on any links. The scam token experienced high trading volumes before losing value.

YZi Labs, previously Binance Labs, has introduced a $1 billion Builder Fund to support innovation in the BNB ecosystem. The fund will assist projects in DeFi, AI, RWA, biotech, and Web3 infrastructure. This initiative aims to strengthen the BNB ecosystem, which has seen record activity levels and price increases.

Three international schools in Indonesia received bomb threats from an unknown sender demanding $30,000 in Bitcoin. Authorities found no explosives and the provided Bitcoin address was invalid. The sender warned against involving the police. Investigations are ongoing to identify the suspect. No other threats have been reported at other schools.

Bitcoin ETFs continue to see inflows despite a recent dip in the price of Bitcoin. This marks the seventh consecutive day of gains for the funds, attracting a total of $876.5 million on October 7. Despite the price drop, BTC remains bullish with support at $120,000 and indicators suggesting a healthy correction.

Four.Meme, a BNB Chain memecoin launchpad, surpassed Pump.fun in daily revenue with $1.4 million. Top memecoin “4”, inspired by CZ, is up 326% weekly. Total market cap of memecoins on Four.Meme exceeded $1 billion. BNB memecoins are gaining momentum as the meme market narrative shifts towards Binance-based tokens.