tradewithrenato

DefiLlama Questions Aster’s Trading Transparency Amid Data Irregularities

by

In the fast-moving world of cryptocurrency, transparency remains a critical issue for investors and analysts alike. Recently, DefiLlama, a leading Web3 analytics platform, conducted a thorough review of trading data reported by Aster, a decentralized exchange. The investigation was prompted by unusual patterns suggesting that Aster’s reported volumes closely mirrored those of Binance’s perpetual markets. … Read more

Bitcoin Rises Amid Economic Uncertainty and Surging ETF Demand

by

Bitcoin has seen a notable price surge, climbing from $122,000 to $124,289 during the Asian trading session on Sunday, nearing its August highs. This upward movement aligns with a surge in demand for U.S.-listed spot Bitcoin ETFs, which attracted net inflows of $3.24 billion over the past week marking the second-largest weekly influx on record … Read more

Bitcoin Edges Toward Record Highs with Bullish October Outlook

by

Bitcoin (BTC) has recently surpassed the $120,000 mark, climbing to $122,068 and moving closer to its all-time high. Market optimism is building for October, with analysts from Bull Theory projecting that prices could reach as high as $143,000 this month. This would represent a potential 20% gain, supported by historical performance and current technical signals … Read more

US Federal Court Rules BAYC NFTs and ApeCoin Are Not Securities

by

A US federal court has ruled that the Bored Ape Yacht Club (BAYC) NFTs and ApeCoin do not qualify as securities, providing long-awaited legal clarity for the digital asset industry. The decision, delivered by Judge Fernando M. Olguin in California, dismissed a 2022 lawsuit against Yuga Labs that accused the company of conducting unauthorized securities … Read more

Bitcoin ETFs See Nearly $1 Billion in Inflows as Prices Approach Record Highs

by

On October 3, U.S. spot Bitcoin ETFs recorded massive inflows totaling $985 million, according to data from SoSoValue. The majority came from BlackRock’s IBIT, which alone attracted $791.5 million. Other funds also contributed, including FBTC with $69.6 million, ARKB with $35.5 million, HODL with $26 million, BITB with $24 million, Grayscale BTC with $20.1 million, … Read more

Coinbase Seeks Federal Trust Charter to Strengthen Regulatory Strategy and Institutional Confidence

by

Coinbase, the largest U.S. cryptocurrency exchange, announced on October 3 that it has formally applied to the Office of the Comptroller of the Currency (OCC) for recognition as a national trust company. This move aims to place the company under a single federal framework, streamlining oversight of new products and creating a clearer bridge between … Read more