DeFi - Crypto News And Market Updates

Chainlink and Coinbase themed illustration showing CCIP connectivity, representing cross-chain infrastructure and institutional integration.

Brazil’s Central Bank Launches Phase 2 of CBDC Pilot with Chainlink and Microsoft

November 18, 2024 Gonzalo

Brazil’s Central Bank Launches Phase 2 of CBDC Pilot with Chainlink and Microsoft

Altcoins

Ripple CEO Faces Criticism Amid Trump Meeting Rumors as XRP Surges

November 17, 2024 Gonzalo

Ripple CEO Brad Garlinghouse faces backlash amid Trump meeting rumors. XRP jumped 17%, driven by optimism for a crypto-friendly U.S. regulatory shift.

Bitcoin shown near the Federal Reserve building with declining market charts, illustrating macro pressure and Bitcoin price weakness

NY Supreme Court Allows Greenidge to Keep Mining Amid Challenges

November 16, 2024 Gonzalo

NY Supreme Court allows Greenidge to continue Bitcoin mining in NY but remands permit denial for reconsideration under climate law provisions.

EU Regulator Issues Guidelines for Crypto Providers to Ensure Compliance with Restrictive Measures

November 15, 2024 Gonzalo

EBA sets guidelines for crypto providers to ensure compliance with EU restrictive measures, addressing risks and enhancing financial system integrity.

South Korea themed crypto illustration with national symbols and digital charts, representing crypto market developments and regulation in South Korea.

Upbit License Renewal Delayed Amid 500k Suspected KYC Violations

November 15, 2024 Gonzalo

South Korea’s Financial Intelligence Unit finds 500,000+ suspected KYC violations on Upbit, delaying the crypto exchange’s business license renewal.

UK to Unveil Stablecoin and Staking Regulations in December

November 14, 2024 Gonzalo

The UK will introduce stablecoin and staking regulations in December, aiming to balance innovation with financial integrity in the crypto sector.

Cardano coin illustration with market chart and city background, representing Cardano price prediction and long-term outlook.

Cardano Foundation Held $478M in Assets in 2023, Majority in ADA Tokens

November 13, 2024 Gonzalo

Cardano Foundation held $478M in assets in 2023, with 82.5% in ADA, 10.1% in Bitcoin, and the rest in USD, funding education, adoption, and resilience.

Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Hive Digital Expands Bitcoin Mining with New ASICs and Paraguay Facility Construction

November 12, 2024 Gonzalo

Hive Digital acquires 6,500 ASICs, enhancing its Bitcoin mining capacity and efficiency as it begins constructing a new facility in Paraguay.

Stablecoin-focused crypto illustration showing digital dollar symbols and blockchain network, representing expectations of a stablecoin supercycle.

Cumulative Traffic to Crypto Exchanges Rises by 8% in October Amid Pro-Crypto Election Boost

November 10, 2024 Gonzalo

Crypto exchanges saw an 8% traffic increase in October, driven by pro-crypto election outcomes, fueling a market rally and rising retail interest.

Illustration showing Grayscale expanding ETF products to Dogecoin and XRP.

Dogecoin Flips XRP as Elon Musk Sparks Market Surge

November 10, 2024 Gonzalo

Dogecoin overtakes XRP, becoming the seventh-largest cryptocurrency as Elon Musk’s interest in “DOGE” fuels a 14% price increase in 24 hours.