New EU regulations on crypto assets, set to take effect in a few days, are already reshaping the stablecoin market. Many European crypto exchanges are delisting USDT to comply with MiCA requirements, leaving investors searching for alternative stable assets.
On December 18, 2024, NFT trading volumes on marketplaces hit 27,000 ETH, setting a new yearly high, according to DefiLlama analytics.
Brian Quintenz, Head of Policy at a16z Crypto—the digital assets division of venture capital giant Andreessen Horowitz—has emerged as a leading candidate for the role of Chair at the U.S. Commodity Futures Trading Commission (CFTC).
Japan’s second-largest cryptocurrency exchange, Coincheck, has made history by listing on Nasdaq. After months of preparation and coordination with the U.S. Securities and Exchange Commission (SEC), Coincheck shares are now trading on one of the world’s most prestigious stock exchanges.
Hong Kong-based ZA Bank has introduced retail cryptocurrency trading directly through its app via HashKey Pro, a platform developed by the local exchange HashKey.
The trading company QCP from Singapore is predicting an altseason within the next few months. QCP analysts cite optimistic market trends and expected regulatory changes to support their forecast.
WhiteBIT, Europe’s leading cryptocurrency exchange, has outpaced Kraken in annual trading volume. Including both spot and futures markets, WhiteBIT achieved an impressive $2.7 trillion, compared to Kraken’s $628 billion.
With the MiCA (Markets in Crypto-Assets) framework coming into effect, the European crypto market is seeing profound changes. A joint study by Kaiko and Bitvavo highlights rising euro trading volumes and a reshaped stablecoin market landscape.
Bankrupt crypto platform FTX (FTX Trading Ltd) has announced that its court-approved Chapter 11 plan will go live on January 3, 2025. This marks a major milestone in returning funds to clients and creditors.
Goldman Sachs CEO David Solomon has stated that the company might explore BTC and ETH spot trading if regulatory conditions in the U.S. improve.
The U.S. digital asset market is on the verge of major changes. The Commodity Futures Trading Commission (CFTC) could take over as the primary regulator for cryptocurrencies, potentially replacing the Securities and Exchange Commission (SEC).
The Bank for International Settlements (BIS) released a study casting doubt on the true decentralization of liquidity in DeFi trading platforms.
Binance, a leading crypto exchange by trading volume, announced the launch of a new asset, BFUSD. The news has been actively shared on social media, with many users on X assuming BFUSD is a stablecoin.
On November 7, U.S. spot Bitcoin ETFs reached a new milestone with net inflows totaling $1.38 billion in a single trading day, as reported by SoSoValue. This surge was largely driven by BlackRock's iShares Bitcoin Trust, which alone brought in $1.12 billion.
