Key Takeaways Following 2023 bank failures, Frgmnt CEO Aurélien Roussel urged stablecoin issuers to diversify reserves. Tether leads global trade, but MiCA regulations force issuers to build 100% …
Jason Scott
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Key Takeaways French lawmakers narrowly passed a proposal to tax crypto-to-stablecoin swaps with capital gains tax. The measure targets a tax loophole, which could limit traders’ ability to …
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Key Takeaways XRP Ledger’s fixCleanup3_4_0 targets Oct. 23 activation after securing more than 80% validator support. XRPL’s upgrade closes a loophole that could let PaymentBurn delegates create tokens …
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Key Takeaways Strive’s consecutive $280M and $235M bitcoin purchases signal renewed corporate demand for BTC. Binance US’s reported $1B valuation is roughly 78% below its $4.5B valuation in …
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Bitcoin
Bitcoin and Ether ETFs Lose $152M as Blackrock Drives Friday Selloff – Bitcoin News
by Jason Scottby Jason ScottKey Takeaways Bitcoin and ether exchange-traded funds (ETFs) lost $152.07M on Friday, capping weeks of roughly $228.6M and $320M in outflows. Solana hit ten straight outflow days, while …
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Bitcoin
Arthur Hayes Says OpenAI and Anthropic Are Worthless and Bitcoin Wins
by Jason Scottby Jason ScottKey Takeaways Arthur Hayes told Convergence host Luke Martin on Oct. 16 that AI model companies are “worthless.” The Nasdaq 100 fell 2.5% on Oct. 16 as chip …
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Bitcoin
Bloomberg Sees Bitcoin Price at $10K and Cryptoquant’s CEO Doesn’t Agree
by Jason Scottby Jason ScottKey Takeaways Bloomberg’s Mike McGlone said recently that bitcoin could revert to $10,000 if U.S. stocks drop 20%. Cryptoquant’s Ki Young Ju countered that $58B in ETF inflows …
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Bitcoin
Strategy Sinks Nearly 10% on MSCI News But Saylor Is Still $5B Up
by Jason Scottby Jason ScottKey Takeaways Strategy (MSTR) closed at $136.83 on Oct. 16, down 9.56% after MSCI’s non-operating company ruling. Strategy’s 848,250 BTC, bought at a $75,444 average, show about a …
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Bitcoin
Nine Blockchain Groups Unite as Quantum Threat Hangs Over Bitcoin
by Jason Scottby Jason ScottKey Takeaways The Quantum Alliance launched Oct. 15 with nine organizations working on shared security standards. Roughly 6.4 million BTC, including Satoshi-era coins, face potential exposure to future …
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Bitcoin
Navigate Web3 Safely – Binance’s guide to protecting digital assets for Beginners
by Jason Scottby Jason ScottWeekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Manila, Philippines – Blockchain technology continues to redefine …
