Category: crypto

Rostin Behnam, Chair of the CFTC, will resign on Jan. 20. He oversaw regulatory developments in cryptocurrencies, emphasizing the need for comprehensive regulation. The CFTC led enforcement actions in the crypto sector, including fines against Binance and settlement with Gemini founders. Possible successors include pro-crypto candidates like Brian Quintenz.

BitMEX co-founder Arthur Hayes predicts markets to peak by mid-to-late March 2025 due to dollar liquidity influx. He expects a net injection of $57 billion in liquidity through shifts in Federal Reserve and US Treasury policies. Hayes believes that despite potential delays in Trump’s crypto policies, Bitcoin and equities will rise supported by liquidity conditions.

Portugal’s Banco of Investimentos Globais (BiG) has started blocking fiat transfers to crypto platforms in compliance with guidelines from the European Central Bank and others. This decision aims to prevent money laundering and terrorism financing. Despite this, other banks in Portugal, like Caixa Geral de Depósitos, continue to allow such transfers. Critics like Delphi Labs…

Sell-side liquidity for AlphaBitcoin has reached its lowest level since 2018, leading to a surge in Bitcoin prices. Whales are quietly accumulating Bitcoin as the sell-side liquidity drops to a five-year low, pushing Bitcoin to new highs.

Traditional remittance giants like Western Union and MoneyGram are losing ground to stablecoins, with app downloads and user activity declining significantly since 2021. Stablecoins offer faster, cheaper, and more accessible cross-border transactions, filling gaps left by traditional financial services. The stablecoin market surpassed $200 billion in 2024, attracting interest from traditional financial institutions and blockchain…

Solana developers are considering upgrades to improve blockchain performance and security, including a lattice-based system to enhance scalability. They are also introducing the Solana Winternitz Vault to protect against potential quantum computing threats. Experts warn that quantum breakthroughs could render existing cryptographic methods obsolete within the next decade.

Former FTX executives founded crypto exchange Backpack, which acquired FTX EU in Europe. Approved by the bankruptcy court and CySEC, this move allows Backpack to offer compliant crypto derivatives across the EU. The exchange plans to integrate traditional payment systems and launch operations in the first quarter of this year. Backpack is committed to resolving…

Bitcoin (BTC) has risen to $102,000 on Jan. 6, following a 4% increase and continued accumulation surpassing profit-taking. Sell-side liquidity has decreased significantly, with miners holding onto their Bitcoin due to favorable market conditions. The positive on-chain metrics suggest potential further gains, despite lingering risk of a pullback.

Nasdaq filed to increase the options contract limit for the iShares Bitcoin Trust ETF from 25,000 to 250,000 contracts, representing 2.89% of exercisable risk. This is seen as a positive development for crypto adoption, attracting more sophisticated traders and adding liquidity to the market. Analysts believe that crypto receives special treatment compared to traditional investment…

Gemini co-founders Tyler and Cameron Winklevoss agreed to pay a $5 million fine to settle CFTC allegations of misleading regulators in their bid to launch the first US-regulated Bitcoin futures contract. The settlement avoided a trial set to begin after Trump’s second inauguration. Gemini also announced plans to exit the Canadian market in 2024.