Tether explores lending billions to commodity traders to shake up traditional trade finance

Key Takeaways Tether eyes commodity trade lending as smaller firms struggle to access traditional financing. USDT is already facilitating cross-border trade for Russian and Venezuelan exporters, underscoring stablecoins’ growing role. Share this... Read more »

Trump faces potential assassination attempt ahead of World Liberty token sale

Key Takeaways A potential assassination plot against Trump occurred ahead of the World Liberty token sale. The police assessed that the incident did not pose a direct threat to Trump or the... Read more »

Crypto markets dip as inflation data looms, Bitcoin holds firm above $60,500

Key Takeaways Bitcoin and Ether prices fall as the US dollar strengthens ahead of inflation data. The Fed may shift its focus toward supporting the labor market instead of prioritizing inflation control.... Read more »

Ripple co-founder donates $1 million XRP to Kamala Harris campaign

Key Takeaways Larsen’s donation marks the first crypto contribution to Harris’ campaign. Future Forward PAC surpasses $200 million in donations, backed by crypto platforms like Coinbase Commerce. Share this article Ripple co-founder... Read more »

$9 trillion Charles Schwab survey finds 45% of respondents plan to invest in crypto ETFs

Author: Victor J. Blue Key Takeaways 45% of ETF investors plan to invest in cryptocurrency ETFs in 2024. Millennials show a higher risk appetite with a major shift towards equities and crypto.... Read more »

Mt. Gox extends repayment deadline by one year to October 2025

Key Takeaways Mt. Gox has delayed its repayment deadline to October 2025. The delay is due to technical and administrative challenges faced by creditors. Share this article Mt. Gox, the defunct crypto... Read more »

China launches ¥500 billion funding scheme to support stock market

Key Takeaways China’s central bank has launched a ¥500B scheme to support the stock market. Financial institutions can use various assets as collateral under the new funding scheme. Share this article The... Read more »

$2.4 billion may re-enter crypto markets following FTX repayment, suggest analysts

Key Takeaways Estimated $2.4 billion from FTX repayments could reenter the crypto market. The plan could provide a positive boost to the crypto market, but the impact may be limited and gradual.... Read more »

FTT jumps 50% after FTX gets court approval to repay customers in full

Key Takeaways FTX’s Chapter 11 reorganization plan was approved by a US bankruptcy court on Monday. FTX creditors will receive 119% of approved claims in cash following court approval. Share this article... Read more »

Circle partners with Mark Carnegie to bring USDC to Australia

Key Takeaways Circle’s partnership with Mark Carnegie aims to extend USDC’s reach in the Asia Pacific. The collaboration may lead to the creation of an Australian dollar stablecoin. Share this article Circle... Read more »
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