Users can borrow up to $1 million in USDC against their Ether as Coinbase expands its Base-powered network, which has processed $1.25 billion in loans. Read More at https://cointelegraph.com/news/coinbase-ether-backed-loans-us?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Bitcoin slump to $86K brings BTC closer to ‘max pain’ but great ‘discount’ zone
Analysts say Bitcoin is nearly in its “max pain” zone as the cost basis of BlackRock’s IBIT and Strategy’s massive BTC treasury draws near. Read More at https://cointelegraph.com/news/bitcoin-slump-to-dollar86k-brings-btc-closer-to-max-pain-but-great-discount-zone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
India’s government may consider stablecoin framework, diverging from RBI
India’s government is considering adopting a stablecoin regulatory framework while the Reserve Bank of India urges a “cautious” approach. Read More at https://cointelegraph.com/news/india-government-consider-stablecoin-framework-diverge-rbi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin downtrend accelerates, but traders eye short liquidity at $100K
Bitcoin struggles to hold the $90,000 support, and while charts angle toward further price downside, traders have turned their attention to the short liquidity at $98,000 to $100,000. Read More at https://cointelegraph.com/news/bitcoin-downtrend-accelerates-but-traders-eye-short-liquidity-at-dollar100k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC enforcement actions dropped 30% under Paul Atkins: Report
The transition from Gary Gensler to Paul Atkins led to a significant decline in enforcement cases across the board, including those involving crypto companies. Read More at https://cointelegraph.com/news/sec-enforcement-actions-dropped-paul-atkins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether backs Parfin to push institutional USDT adoption across Latin America
The investment will help Parfin expand its onchain settlement tools and strengthen stablecoin infrastructure that is already driving institutional crypto use in LATAM. Read More at https://cointelegraph.com/news/tether-backs-parfin-institutional-usdt-adoption-across-latin-america?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aztec launches decentralized and private Ethereum L2 on mainnet, almost
Aztec launched its Ignition mainnet with no centralized operators, opening community staking ahead of a major token sale and positioning itself as a fully decentralized L2. Read More at https://cointelegraph.com/news/aztec-launches-actually-decentralized-and-private-eth-l2-mainnet-almost?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
21Shares lists six more crypto ETPs in Europe: Aave, Cardano and more
21Shares, one of the largest crypto ETF issuers with $8 billion in assets, continues to introduce more investment products in Europe as an influx of new crypto ETFs hits the US. Read More at https://cointelegraph.com/news/21shares-six-crypto-etps-nasdaq-stockholm-aave-chainlink?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet eyes $135M raise via new Class B shares to fuel more Bitcoin buys
Metaplanet plans to raise $135 million through the issuance of new Class B perpetual preferred shares as part of a broader restructuring tied to its Bitcoin treasury strategy. Read More at https://cointelegraph.com/news/metaplanet-class-b-raise-bitcoin-treasury-mercury-program?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin whale Owen Gunden dumps entire $1.3B stack as institutions tighten grip
Bitcoin OG Owen Gunden sells $1.3 billion in BTC as retail panic grows, while institutional ownership of Bitcoin ETFs climbs to 40% despite market fear. Read More at https://cointelegraph.com/news/bitcoin-og-whale-exits-institutions-rise-etf-ownership?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound