Litecoin txs surge 243% in 5 months amid ETF hype: Santiment
The price of Litecoin spiked more than 8% as Canary’s spot Litecoin ETF made a move to prepare for its potential approval.
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Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’
When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto industry as a step forward for crypto adoption. However, some experts have framed the proposal as a somewhat underwhelming update to the current…

Ethereum ETFs would’ve ‘done better’ if launched in January: Bitstamp exec
Bitstamp’s Bobby Zagotta said Ether ETFs came at a “burdened moment” for risk assets but was optimistic things would pick up at the end of the year.

Why is Polygon (MATIC) price up today?
Polygon (MATIC) has experienced a significant price increase on July 13, driven by several key factors. These include a recent positive court ruling for XRP, increased activity of decentralized applications (Dapps) on the Polygon Network, and the highly anticipated launch of Polygon 2.0.MATIC/USD 12-hour price at Coinbase. Souce: TradingViewWithin just 12 hours, MATIC witnessed a…

Ether shorter gains $68M on 50x leverage as ETH drops 11%
An anonymous cryptocurrency trader has accumulated almost $68 million in unrealized profit by shorting Ether amid its recent price decline. According to blockchain data from Hypurrscan, the trader opened a 50x leveraged short position when Ether (ETH) was trading at $3,176, on Feb. 1. As of 9:06 am UTC on March 5, the position had

Tron Co-Founder and CTO Leaves Project, Alleging Excessive Centralization
Lucien Chen — the former chief technical officer (CTO) and co-founder of blockchain protocol Tron (TRX) — has announced he is leaving the project, claiming it has become excessively centralized and strayed from its founding principles. Chen revealed his decision in a Medium blog post published on May 10.In his announcement, Chen recounts the history…

GBTC premium stays negative, suggests Bitcoin price sentiment still low?
Bitcoin (BTC) is facing difficulty breaching the $40,000 mark again after briefly crossing it on May 26. The cryptocurrency is currently exchanging hands at around the $36,000 mark, which is a 44% drop from its all-time high of $64,889 on April 14. Among others, a key difference between macroeconomic conditions affecting the cryptocurrency market as…

Singaporean megabank DBS works on expanding Bitcoin trading to retail
DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors. 263 Total views 33 Total shares DBS Bank, Singapore’s largest bank, is working on expanding its cryptocurrency exchange beyond its current investor base of institutional clients, according to the CEO.DBS Bank CEO Piyush Gupta spoke of the bank’s cryptocurrency business…

No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express
Hong Kong exchanges expand amidst continued investor interest, Philippines to issue $180M in tokenized bonds, China rules out civil protection for crypto, and more! by Zhiyuan Sun 4 min November 16, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Hot week for Hong Kong