BBVA Introduces Trading Services for Bitcoin and Ether
Spanish banking leader BBVA is gearing up to introduce Bitcoin and Ether trading options for its clients, having secured the green light from the Spanish securities authority. The initial rollout will cater to a select group of users, with intentions to eventually extend these services to the wider private banking clientele. This
Bitget Introduces 20x Leverage and Trading Bot Support for REDUSDT Futures Trading
Bitget, the leading cryptocurrency exchange and Web3 company, has introduced REDUSDT perpetual futures trading with a maximum leverage of 20x. This new offering is now available on both the Bitget website and mobile application, enhancing trading opportunities for users. The REDUSDT-M perpetual futures contract is settled in USDT and features
Pi Coin Soars Above $1.70 on Market Optimism
In a notable development, Pi Coin has witnessed a remarkable increase of over 5% in its value over the past 24 hours, recovering from a recent dip that brought its price down from a peak of $3. Currently trading between $1.70 and $1.95, market sentiment is buoyant, with many believing
Until April, the SEC will not make a decision on BlackRock’s spot Ethereum ETF options.
In a latest development, the US SEC has postponed its decision on BlackRock’s proposal to list and trade options on its spot Ethereum exchange-traded fund (ETF). The new deadline for the SEC’s decision is set for April 9, 2025. The SEC said it will decide on April 9, 2025, whether to approve
The Balancer V3 from Arbitrum is now operational.
Balancer V3 is a new automated market maker (AMM) that enhances capital efficiency and reduces transaction costs. It has recently launched on Arbitrum, improving decentralized finance (DeFi) on this Layer 2 blockchain. This integration makes Arbitrum a more effective DeFi hub by utilizing features like Hooks, 100% Boosted Pools, and customizable
S.E.C. Scales Back Crypto Enforcement Amid Policy Shift
The U.S. Securities and Exchange Commission (S.E.C.) is downsizing its crypto enforcement unit, marking a significant policy shift under the Trump administration. The decision reflects a broader push to ease regulatory oversight on digital assets, a stark contrast to the agency’s previous aggressive stance. Crypto Unit Reassigned as S.E.C. Reshuffles
Ripple Leverages Chainlink Standard to Boost RLUSD Stablecoin’s DeFi Integration
Ripple announced to leverage the Chainlink Standard to integrate its RLUSD stablecoin into decentralized finance (DeFi) applications. This collaboration aims to enhance RLUSD’s functionality within the DeFi space by providing real-time, secure, and verifiable pricing data on the Ethereum blockchain. RLUSD: A Step Towards DeFi Integration RLUSD is Ripple’s enterprise-grade, USD-pegged stablecoin,
The persistent deflation in China is a serious worldwide economic issue.
China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record from the Asian Financial Crisis in the 1990s. But it’s not like Beijing is sitting around doing nothing. Policymakers are
Gold advocate Peter Schiff labels Bitcoin a “national security threat”
Peter Schiff, a well-known supporter of gold and a critic of Bitcoin, has sparked new conversations about cryptocurrency by calling Bitcoin a “national security threat.” In a recent post on X (formerly Twitter), Schiff said that Bitcoin’s misuse and increasing popularity hurt economic efficiency and waste resources. He said that Bitcoin
Trump Taps Paul Atkins as SEC Chair: A Boost for Crypto Industry
President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and pro-business conservative, to chair the Securities and Exchange Commission (SEC). Known for advocating lighter regulations, Atkins is expected to ease the regulatory burden on the cryptocurrency industry. The announcement, made via Trump’s Truth Social platform, signals a shift
