Author Archives: pdgweb

XLM rallied after US financial giant DTCC announced a partnership with the Stellar Network, but it still risks a sharp downside in the coming weeks. Read More at https://cointelegraph.com/markets/why-is-stellars-xlm-up-by-over-50-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ICE’s CEO said regulators need to create a “level playing field” for launching 24/7 onchain perps contracts, which are already trading on exchanges such as Hyperliquid. Read More at https://cointelegraph.com/news/nyse-ice-level-playing-field-247-onchain-perps-hyperliquid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s market cap has dropped below $1.5 trillion, pushing it out of the world’s top 10 assets amid AI stock and precious metal rallies. Read More at https://cointelegraph.com/markets/bitcoin-falls-out-of-the-global-top-10-assets-as-its-market-cap-dips-below-15t?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales. Read More at https://cointelegraph.com/news/strategy-situation-out-of-hand-says-arca-cio-15-billion-prefs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing. Read More at https://cointelegraph.com/news/texas-plans-shift-bitcoin-reserve-from-etf-to-direct-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts. Read More at https://cointelegraph.com/news/memecoin-platform-dxsale-drained-73m-1400-lps?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market. Read More at https://cointelegraph.com/news/okx-ventures-korea-investment-securities-buy-196-stake-in-coinone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto. Read More at https://cointelegraph.com/news/paxos-becomes-first-crypto-firm-to-win-sec-clearing-agency-registration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.” Read More at https://cointelegraph.com/news/bitcoin-hodling-structure-weakening-across-major-investor-cohorts-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Sui mainnet has resumed after a bug in a network update took it offline for 5 hours and 55 minutes. Read More at https://cointelegraph.com/news/sui-network-back-online-after-crash-bug-six-hour-outage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound