Robinhood and Kraken launch new global stablecoin network with Paxos’s USDG

Key Takeaways The Global Dollar Network promotes stablecoin adoption using Paxos’s USDG. Robinhood, Kraken, and other major players collaborate on cross-border stablecoin solutions. Share this article Leading fintech and digital asset firms... Read more »

Arthur Hayes says Solana is a high-beta Bitcoin amid US elections

Key Takeaways Hayes suggests Solana could be a strong play amid election volatility, potentially outperforming Bitcoin in bullish trends. The Federal Reserve’s monetary policy is expected to have a more significant impact... Read more »

Florida holds ‘$800 million in crypto-related investments,’ says state CFO

Key Takeaways Florida holds $800 million in crypto investments according to Florida’s CFO. Bitcoin may become an investment option for Florida’s state pension funds. Share this article Jimmy Patronis, Florida’s CFO, stated... Read more »

Altcoin Season unlikely before 2025, says crypto analyst Benjamin Cowen

Key Takeaways Bitcoin’s market dominance has reached 60%, suggesting altcoins may not rally until 2025. Altcoin rallies historically follow strong Bitcoin rallies, but a parabolic Bitcoin run is needed for this. Share... Read more »

Russia to ban Bitcoin mining in select regions due to power shortages

Key Takeaways Russia will enforce crypto mining bans in energy-deficient regions. The government aims to address power shortages caused by high electricity consumption. Share this article Russia is considering banning Bitcoin and... Read more »

US Treasury see stablecoins driving ‘structural demand’ for T-bills

Key Takeaways Stablecoin collateral now accounts for around $120 billion in US Treasury holdings. Potential risks remain due to the stablecoin sector’s dependency on T-bills. Share this article The US Treasury, in... Read more »

Robinhood debuts presidential election betting, stock climbs 4%

Key Takeaways Robinhood’s stock increased by 4% following the announcement of its election trading feature. The political prediction market’s volume surged 565% in Q3. Share this article Robinhood Markets (HOOD) saw its... Read more »

Russia enacts control measure on Bitcoin mining operations

Key Takeaways The new Russian law allows the government to ban digital currency mining in specific areas. Federal agencies now have access to digital currency identifier addresses. Share this article The Russian... Read more »

MicroStrategy stock reaches 25-year high at $245 ahead of Q3 earnings report

Key Takeaways MicroStrategy’s stock reached a 25-year high of $245 ahead of its Q3 earnings report. The MSTR/BTC Ratio hits a record high, reflecting strong performance relative to Bitcoin. Share this article... Read more »

US government may fall victim to $20 million crypto hack

Key Takeaways Over $20 million in Ethereum and stablecoins were stolen from a US government-controlled wallet. The theft is connected to the wallet involved in the 2016 Bitfinex hack. Share this article... Read more »
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