Coinedition
Circle’s Dante Disparte believes UK stablecoin regulations could be introduced within months. He stresses the importance of swift legislation to maintain competitiveness with regions like the EU and Singapore. Disparte also highlights the potential benefits of stablecoins for the UK’s financial innovation and economic growth.
Shiba Inu (SHIB) is climbing high in the cryptocurrency’s overall ranking. SHIB has picked up momentum since the beginning of Q4 2024. Analysts foresee SHIB overthrowing AVAX in crypto ranking soon.
A crypto analyst identifies altcoins with exceptional potential in the bull cycle. Ethereum remains the leading altcoin in the crypto market. The analyst expects newer altcoins to outperform Ethereum in 2025.
Metaplanet raised $66 million through a stock rights sale, completing 100% issuance. The funds will support future initiatives, with Bitcoin’s growth in focus. Early bond redemption reduces liabilities, with minimal fiscal impact expected.
Garanti BBVA Kripto has announced a collaboration with Ripple and IBM. The partnership aims to provide a secure environment for its crypto asset trading platform. Garanti BBVA provides services for BTC, ETH, USDC, AVAX, CHZ, XRP, ARB, and SOL.
Japan’s DPP leader proposes a 20% tax rate on crypto assets and a three-year loss carryover. Yuichiro Tamaki advocates for increasing crypto trading leverage from 2x to 10x for investors. The party aims to promote digital regional currencies to boost local economies.
U.S. Bitcoin ETFs face a $79.1M outflow after seven consecutive days of strong inflows, indicating potential market volatility. Ethereum ETFs record a $11.9M inflow, marking a turnaround despite overall net flows remaining negative at -$482M. Bitcoin’s price hovers near $67,200, reflecting short-term resistance, while market indicators suggest renewed investor optimism.
The Bitcoin Whitepaper will turn 16 on October 31, 2024. SEC Chair Gary Gensler has wished Bitcoin a Happy Sweet Sixteen. Crypto stakeholders disagree with Gensler’s regulatory approach and ask him to resign.
Bitcoin miner Marathon has purchased 1,300 BTC for a total of $130.66 million. The leading cryptocurrency dropped below the $100,000 price level. Marathon also purchased 1,423 BTC worth $139.5 million on Friday.
