David Schwartz faces questions over XRP price reply
TLDR David Schwartz quoted XRP near $1.308 after a 2.4% increase over the previous trading day. Several holders objected, citing weaker annual price performance and frustration over years of limited returns. Schwartz’s original post described more than…
Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million
Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices.
Bitcoin crashes 6% to 7-week low as US stocks erase election gains
Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap sell-off, reversing post-election gains.
Groma Launches Real Estate Issuance and Redemption on Uniswap
The GRO/USDC pool on Base uses net asset value pricing, with wallet eligibility enforced by Uniswap v4’s Permissioned Pools Hook.
Democrats to Push Broader Crypto Market Structure Bill After Sweeping US Midterms: Report
Analysts said that the Clarity Act's path has become tougher, while advocacy group Stand With Crypto has endorsed 27 winning candidates so far.
Samsung Wallet USDC Goes Live, but Not in New York
TLDR Samsung Wallet has launched USDC stablecoin accounts on Solana for eligible Galaxy users across the United States. The service supports about 82 million compatible Galaxy devices, while New York residents remain excluded. Eligible users can transfer…
Bitcoin’s Recovery Faces a Reality Check: Cycle Conditions Remain Subdued
Bitcoin was rejected at $80,000 again, and subdued cycle indicators suggest investors shouldn't mistake the latest recovery for a lasting reversal.
Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out
Bitcoin plunged nearly 5% as AI stocks sank, Democratic midterm wins raised fresh policy questions, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.
Nvidia (NVDA) Stock Slides as Chip Selloff Gains Pace
TLDR Nvidia stock declined in Thursday premarket trading as investors sold semiconductor shares following the US midterm elections. Micron and the SOXX semiconductor fund also declined, while analysts offered different forecasts for technology stocks.…
US Stocks and Crypto Plunge as Democratic Sweep Fuels AI Regulation Fears
U.S. stocks and cryptocurrencies plunged amid concerns that Democrats' sweep of both chambers of Con...