Crypto’s fundamentals have never been stronger, yet degens keep chasing hot new narratives. Behavioral finance may explain why get rich quick stories continue to beat substance. Read More at https://cointelegraph.com/magazine/the-100x-obsession-why-great-crypto-projects-keep-losing-to-great-stories?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Emirates enables UAE residents to pay for flights through Crypto.com
The service is limited to eligible UAE residents and bookings are priced and settled in dirhams. Read More at https://cointelegraph.com/news/emirates-starts-letting-uae-residents-pay-for-flights-through-cryptocom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: Report
A CoinGecko study points to rising demand for tokenized equities and commodities on centralized exchanges, with perpetual futures driving most of the market’s trading activity. Read More at https://cointelegraph.com/news/crypto-exchanges-tokenized-assets-market-6-6-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hungary repeals crypto checks as first MiCA license is granted
Hungary removed mandatory third-party checks for crypto conversions as CoinCash received authorization to provide digital asset services under MiCA. Read More at https://cointelegraph.com/news/hungary-repeals-crypto-checks-first-mica-license-granted?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump teleprompter operator accused over Kalshi bets leaves government: AP
Gabriel Perez, who was accused of profiting from Kalshi bets tied to President Donald Trump’s speeches, is no longer employed by the federal government. Read More at https://cointelegraph.com/news/trump-teleprompter-kalshi-bets-government-ap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs extend outflow streak as BTC fails to hold $65K
US spot Bitcoin ETFs recorded four straight sessions of outflows totaling $526 million as Bitcoin faced renewed selling pressure after failing to hold $65,000. Read More at https://cointelegraph.com/markets/bitcoin-etf-extend-outflow-streak-btc-slips-below-65k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK policy sprint finds cross-border payments are stablecoins’ top use case
Industry participants said stablecoins offer the biggest near-term benefits for cross-border payments, while domestic UK retail adoption is likely to remain limited. Read More at https://cointelegraph.com/news/uk-policy-cross-border-payments-stablecoins-use-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram founder Pavel Durov internationally wanted, Russia’s FSB says
Russia’s FSB says Telegram founder Pavel Durov faces a terrorism-related charge and an international arrest warrant, while a separate French case remains open. Read More at https://cointelegraph.com/news/telegram-founder-wanted-internationally-russia?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%. Read More at https://cointelegraph.com/markets/trade-xyz-sk-hynix-perp-liquidations-price-anomaly?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%. Read More at https://cointelegraph.com/news/trade-xyz-sk-hynix-perp-liquidations-price-anomaly?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound