Author: Louis Adams
Ripple Plans to Invest in Bitwise’s XRP ETF
Reading time: < 1 minuteBitwise Asset Management announced on Wednesday that Ripple will be investing in their XRP exchange-traded product (ETP) after its rebranding.
Tether Will Suspend Support for EURt
Reading time: < 1 minuteIn a statement released on November 27, stablecoin issuer Tether announced its decision to stop supporting its Euro-pegged stablecoin, EURt.
Spot Bitcoin ETFs Post Outflows of $438M
Reading time: < 1 minuteUS-based spot Bitcoin ETFs have seen a significant increase in net outflows.
Kraken Will Close its NFT Marketplace Next Year
Reading time: < 1 minuteKraken has decided to shut down its NFT marketplace in order to reallocate resources towards new projects.
Morocco to Legalize Cryptocurrencies
Reading time: < 1 minuteMorocco is taking steps to legalize all forms of cryptocurrency, overturning a ban implemented in 2017. The country’s central bank, Bank Al-Maghrib, is crafting a new law for regulating crypto, which is currently undergoing review.
Trump Wants CFTC to Oversee Crypto
Reading time: < 1 minuteAccording to reports, the incoming Trump administration wants the Commodity Futures Trading Commission to become the primary regulator for the crypto industry in the United States.
Sui Plans to Launch BTC Staking
Reading time: < 1 minuteBabylon Labs and Lombard Protocol are teaming up to bring Bitcoin staking capabilities to Sui, a competitor to Solana.
WisdomTree Registers XRP ETF Entity
Reading time: < 1 minuteWisdomTree, a financial firm with $113 billion in assets under its management, has taken steps to establish a trust in Delaware for a proposed XRP exchange-traded fund.
Ripple Unveils a Tokenized Money Market Fund on XRP Ledger
Reading time: < 1 minuteRipple has partnered with UK-based companies Archax and Abrdn to launch the first tokenized money market fund on the XRP Ledger (XRPL).
Cboe Plans to Launch Bitcoin ETF Index Options
Reading time: < 1 minuteCboe Global Markets is preparing to launch cash-settled index options tied to the spot Bitcoin price. On December 2, the exchange will introduce the Cboe Bitcoin US ETF Index, providing a new method for investors to access Bitcoin exposure through options.