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Ethena’s ENA token rallies on USDe integration by Deribit

According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.

Deribit, one of the world’s largest cryptocurrency derivatives exchanges, plans to integrate Ethena’s synthetic dollar USDe (USDe) as rewarding margin collateral.

As part of the integration, Deribit will enable users to earn rewards for holding USDe and use it as derivatives margin collateral in a cross-collateral pool, the firm announced on Nov. 22.

According to Deribit, the exchange targets including USDe in its cross-collateral pool as of early January, pending regulatory approval.

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Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million

Tokyo’s Metaplanet Grows Its Bitcoin War Chest to  MillionMetaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves. A ¥1 Billion Bitcoin Bet: Why Metaplanet Isn’t Slowing Down Dubbed the ‘Japanese Microstrategy,’ […]

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

Nearly 50% of Traditional Hedge Funds Now Exposed to Crypto Assets Amid Growing Regulatory Clarity: Report

Nearly 50% of Traditional Hedge Funds Now Exposed to Crypto Assets Amid Growing Regulatory Clarity: Report

New data shows that nearly half of all traditional hedge funds are now reportedly exposed to crypto assets as regulations start to become more clear. According to a new report by Bloomberg, a recent survey revealed that 47% of hedge funds in traditional markets had exposure to crypto assets, up from 29% in 2023 and […]

The post Nearly 50% of Traditional Hedge Funds Now Exposed to Crypto Assets Amid Growing Regulatory Clarity: Report appeared first on The Daily Hodl.

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related

Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-RelatedData shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related to bitcoin and ether. […]

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype

Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and HypeA professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the cryptocurrency market, pointing to regulatory gaps and centralization as key issues. “If anything, crypto today presents even greater risks to its investors and to our financial institutions than it did before,” he said. Cornell Professor’s Crypto Warning […]

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

MicroStrategy Co-Founder Michael Saylor Owns Around $1,000,000,000 in Bitcoin (BTC): Report

MicroStrategy Co-Founder Michael Saylor Owns Around ,000,000,000 in Bitcoin (BTC): Report

The co-founder of software firm MicroStrategy is reportedly disclosing the size of his personal Bitcoin (BTC) stash. According to a new report by Bloomberg, former MicroStrategy CEO and Bitcoin maxi Micheal Saylor says that he owns about $1 billion worth of the top crypto asset by market cap. Though he didn’t disclose the exact amount […]

The post MicroStrategy Co-Founder Michael Saylor Owns Around $1,000,000,000 in Bitcoin (BTC): Report appeared first on The Daily Hodl.

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

TradFi Institutions To Announce They’ve Acquired Bitcoin, Predicts CryptoQuant CEO

TradFi Institutions To Announce They’ve Acquired Bitcoin, Predicts CryptoQuant CEO

CryptoQuant chief executive Ki Young Ju thinks “something is happening behind the scenes” as permanent holder addresses gobble up Bitcoin (BTC). Young Ju tells his 360,800 followers on the social media platform X that 404,448 Bitcoin have moved to permanent holder addresses over the past 30 days, a clear sign of accumulation. “Within a year, […]

The post TradFi Institutions To Announce They’ve Acquired Bitcoin, Predicts CryptoQuant CEO appeared first on The Daily Hodl.

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

Blockchain and Nation-State Infrastructure: Why Bother?

Blockchain and Nation-State Infrastructure: Why Bother?We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel Kubat, Founder of Union Labs. As blockchain enthusiasts, we’ve long championed decentralization, transparency, and democratized access—the 2008 […]

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

From Microstrategy to Gamestop — Backed Introduces 5 New Tokenized Equities

From Microstrategy to Gamestop — Backed Introduces 5 New Tokenized EquitiesBacked, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized Stocks Backed‘s new tokenized equities include bMSFT (Microsoft), bGME (Gamestop), bMSTR (Microstrategy), bTSLA (Tesla), and […]

Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse

US ETH ETF approval pressures Korean regulators

Unlike their U.S. counterparts, Korea’s FSC and FSS have been cautious about allowing crypto trading on traditional securities markets.

Korean regulators are under mounting pressure to approve cryptocurrency exchange-traded funds (ETFs) following the recent approval of spot Ethereum ETFs by the United States Securities and Exchange Commission (SEC).

According to local media, the SEC’s decision regarding Ethereum is expected to exert pressure on Seoul’s financial regulators to reconsider their stance on digital assets.

The SEC greenlighted the creation of ETFs for Ethereum, the world’s second-largest cryptocurrency, on May 24, 2024, following its earlier approval of Bitcoin ETFs in January 2024.

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Bitcoin Closing In on Greater Move to Massive Price Target, According to Trader Who Called 2021 Market Collapse