FTX, the once-prominent crypto exchange and hedge fund that collapsed in 2022, is set to begin its third round of creditor repayments. The bankrupt company, through the FTX Recovery Trust and FTX Trading, announced on Wednesday that it will distribute $1.9 billion to eligible claim holders starting September 30. The final list of recipients will…
TL;DR Cardano trades 76% below its all-time high, forming a gradual cycle pattern with potential for a multi-month breakout. Analysts watch $0.62 support and $0.85 resistance as ADA shows signs of an accumulation phase. Volume spikes, RSI divergence, and ecosystem growth fuel bullish sentiment despite the recent 8% decline. Cardano Mirrors Previous Market Cycle Cardano…
Coinbase shares fell sharply after the company reported second-quarter earnings that missed expectations. Total revenue for the quarter came in at $1.5 billion, representing a 26% decline from the previous quarter. The shortfall was largely driven by weaker-than-expected transaction revenue, which fell 39% quarter-over-quarter to $764 million. Missing Expectations In the official release, Coinbase revealed…
This week marked a turning point in U.S. crypto regulation, as both Congress and regulatory agencies moved forward with frameworks that could finally bring clarity to the digital asset space. With the SEC unveiling sweeping ETF reform and the White House publishing its long-awaited crypto policy report, America is sending a clear message: the U.S….
The Cardano price (ADA) has fallen nearly 8% in the past 24 hours, reinforcing a bearish short-term Cardano price prediction as the broader crypto market shows signs of entering a deeper correction. However, a new development on the Cardano network could soon help turn the tide in ADA’s favor. This week, USDM, a native Cardano-based…
Key Takeaways: Hong Kong’s licensing regime could allow HKD- and CNY-pegged stablecoins to compete in Asian settlement markets dominated by the USD. Regulatory clarity may encourage institutional entry, but smaller firms could face high compliance costs under the new framework. Non‑USD stablecoin initiatives could test whether regional demand supports alternatives to dollar-backed assets in practical…
Ethereum is trading at $3,616 after a -2.24% pullback with BlackRock’s iShares ETH ETF recording $17.65 million daily inflows while maintaining a bullish structure above all major EMAs, positioning ETH for a potential rebound toward $3,800 or a deeper correction testing the $3,400 support zone. ChatGPT’s ETH analysis synthesizes 26 real-time technical indicators, ETF institutional…
The UK Financial Conduct Authority (FCA) has formally lifted its 2021 ban on crypto exchange-traded notes (cETNs) for retail investors. In an Aug. 1 announcement, the regulator confirmed that these products will now be available on UK-regulated markets, marking a significant policy shift to broaden access to digital asset investments. The original ban was introduced…
An accused torturer walked free this week after two months behind bars. According to a report, 37-year-old John Woeltz left Rikers Island on a $1 million bond this Thursday. His alleged partner, 33-year-old William Duplessie, remains in custody. Alleged Kidnapping And Brutality Based on reports, Woeltz and Duplessie forced Italian crypto trader Michael Valentino Teofrasto…
Coinbase released its Q2 2025 Earnings Report, showing dramatic declines in user activity, total revenue, and adjusted net income. Correspondingly, the exchange’s stock valuation fell dramatically. However, Coinbase suggested that lower asset volatility and global spot volumes made this a difficult quarter, even if its own metrics underperformed. It pointed to growing USDC usage and…