Currency

XRP Open Interest Drops By $2.4B After Recent Selloff

XRP Open Interest Drops By $2.4B After Recent Selloff

Key takeaways: XRP open interest remains elevated despite the recent drop, suggesting traders are still holding leveraged positions. Low onchain activity on the XRP Ledger raises doubts about ...

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US Senator Seeks to Include Crypto in Mortgage Approval Process

US Senator Seeks to Include Crypto in Mortgage Approval Process

Wyoming Senator Cynthia Lummis has introduced a law that could codify an order from a US housing regulatory agency for mortgage purchasers to consider digital assets in applications. In a Tuesday ...

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Bitcoin Eyes $123K But Q3 Data Could Stall Price Discovery

Bitcoin Eyes $123K But Q3 Data Could Stall Price Discovery

Key takeaways: Bitcoin targets $122,000, where $2 billion in short liquidations are clustered but Q3 seasonal data hints at downside. A falling RSI, spot BTC ETF outflows, and low trading volu...

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SEC Gives Green Light to In-Kind Transactions for Crypto ETPs

SEC Gives Green Light to In-Kind Transactions for Crypto ETPs

The US Securities and Exchange Commission (SEC) has approved in-kind creation and redemption for cryptocurrency exchange-traded products (ETPs), allowing investors to exchange shares directly for ...

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Tornado Cash T-Shirt Stirs Controversy In Court

Tornado Cash T-Shirt Stirs Controversy In Court

Before Roman Storm’s defense attorneys rested their case on Tuesday, one matter that seemed to provoke some controversy in the courtroom was a T-shirt the Tornado Cash co-founder and developer wor...

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BitMine approves $1B stock buyback as ETH treasury strategy expands

BitMine approves $1B stock buyback as ETH treasury strategy expands

BitMine Immersion (BMNR), a Bitcoin mining company and Ethereum’s largest publicly traded holder, has announced the approval of an open-ended $1 billion stock buyback program to repurchase i...

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