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Share link:In this post: SEC has waived the “bad actor” designation for Ripple after the settlement of their 5-year dispute. The waiver means Ripple can now return to raising capital in the private markets. XRP has seen substantial gains, but analysts say there is more to come.
Share link:In this post: Microsoft has announced that it will discontinue its Lens application in the coming weeks. The company has released the timeline for the removal of the application from the iOS and Android app stores. Microsoft has urged users to switch to the Copilot artificial intelligence application.
Share link:In this post: A Colorado man has pleaded guilty to operating a multi-million-dollar fraudulent investment scheme. The suspect, Timothy McPhee, is also being charged with tax evasion and conspiracy to defraud the United States. McPhee is expected to be sentenced on October 23, facing up to 30 years in prison for his crimes.
Share link:In this post: Ethiopian Electric Power has announced plans to shut down all crypto mining operations in the country. According to the EEP, no new contracts will be taken, and all existing ones will be reconsidered. EEP wants to focus electricity on domestic consumers and strategic industries.
Quick Take Bitcoin rose above $121,000 while ether reached $4,300 late night Sunday, following Trump’s executive order on allowing 401(k) accounts to invest in crypto. Spot ETF flows and corporate crypto treasuries remain key drivers of the current market cycle, analysts said.
The DeFi TVL patterns are similar to the 2021 altseason, which sent Ethereum to its record high.
Ethereum price surged 6.5% to $4,330 on August 10 as Fundamental Global unveiled a $5B ETH treasury accumulation plan.
- 21:00In September, a total of 70 early dormant wallets transferred more than 2,800 BTC.Jinse Finance reported that, according to data from blockchain parser btcparser.com, 70 transfers were recorded in September from BTC wallets created between 2011 and 2017. In these 70 transfers, a total of 2,803.62 BTC was released, amounting to as much as $342.73 million at the current exchange rate of $122,247 per BTC.
- 20:39Nasdaq has submitted an application to the SEC to list BlackRock's Bitcoin Premium Income ETF.Jinse Finance reported that Nasdaq has submitted an application to the U.S. Securities and Exchange Commission (SEC) to list BlackRock's Bitcoin Premium Income ETF. This ETF will combine Bitcoin exposure with a premium income strategy. The proposed ETF aims to attract income-focused investors while enhancing Bitcoin's status in traditional finance.
- 20:02The monthly trading volume of tokenized stocks reached $465 million in the past 30 days.Jinse Finance reported that in the past month, the monthly trading volume of tokenized stocks reached $465 million, a month-on-month increase of 136%. This growth highlights the increasing interest in trading traditional assets on the blockchain.