Crypto News
Bitcoin Nears $86K as Trump Calls for Rate Cuts, XRP Gets U.S. Futures After SEC Resolution
Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours.BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact but lowered growth outlooks until 2027.Ether (ETH) remained muted after a sudden 7% jump late Wednesday, ending the day up 3.%. Solana’s SOL, dogecoin (DOGE), and BNB Chain’s BNB showed gains under 6%, while Uniswap’s UNI surged 8% as token holders passed a $165 million foundation funding proposal.XRP jumped as high as 12% before paring gains, as closely-related Ripple Labs ended its long-standing battle with the U.S. Securities and Exchange Commission (SEC),...
DFSA Promotes Tokenization With New Regulatory Initiative
The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto Tokens Excluded The Dubai Financial Services Authority (DFSA) has announced the launch of its Tokenisation Regulatory Sandbox, a new initiative designed to support firms exploring tokenized investment products and servicesSource link
Bitcoin Traders Seek Topside Option Plays After Powell’s Transitory Inflation Remark, Ether Still Lags in Sentiment
Bitcoin (BTC) punters are looking at topside options bets in a bullish shift in price expectations after the Federal Reserve's (Fed) meeting, but ether (ETH) continues to lag sentiment. As of writing, BTC's short-term and long-term risk reversals, which show the implied volatility premium (demand) for bullish bets or calls versus puts, were positive, implying investor interest in chasing price gains in the leading cryptocurrency, per data source Amberdata.It marks a shift from the bearish sentiment that prevailed weeks before the Fed meeting when short and near-dated puts were pricier than calls, reflecting downside fears."Frontend skew flipped calls. Flows featured 21 Mar outright calls and calendars bought, while 28 Mar puts were sold," institution-focused over-the-counter tech platform Paradigm noted in...
Bitfinex Highlights Enhanced Security Measures for Crypto Traders
Bitfinex emphasizes the importance of robust security measures for cryptocurrency traders to protect their assets from cyber threats and phishing attacks. (Read More)Source link
Conflux (CFX)Portal Wallet to be Delisted Amid Security Concerns
Conflux (CFX)Portal wallet will be removed from the Chrome plugin market due to security risks. Users are advised to switch to the Fluent wallet for enhanced safety and support. (Read More)Source link