Ethena’s synthetic USDe contracts sharply as dollar-backed stablecoins expand
Ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins like USDT, USDC, PYUSD and RLUSD added billions.
Daily crypto liquidations nearly triple amid overheating leverage: Glassnode
Daily futures wipeouts are surging as leverage builds, with a record unwind in October exposing how deeply derivatives now shape Bitcoin’s market cycle.
Binance names co-founder Yi He co-CEO alongside Richard Teng
Crypto exchange Binance has appointed co-founder Yi He as co-CEO, tightening its top team as it leans more into regulated global expansion.
Crypto treasuries lead stock recovery after shaky start to December
Digital asset treasury stocks surged Tuesday, with Ether-focused firms leading gains up to 12.35% as crypto markets rebounded from the sell-off.
BlackRock’s top brass says tokenization will bridge crypto and finance
BlackRock is the largest asset manager in the world, with over $13.4 trillion in assets under management, and operates the largest tokenized cash market fund, worth $2.8 billion.
UK takes ‘massive step forward,’ passing property laws for crypto
A bill clarifying that property laws apply to crypto was given royal assent in the UK, with advocates hailing the move as giving crypto “a much clearer legal footing.”
Bitcoin surges to $93K after Sunday flush, as analysts eye $100K
Bitcoin recovered to $93,000 after a leverage flush on Sunday, with analysts now predicting that macro tailwinds could push the cryptocurrency over six figures.
Crypto lobby slams ABC’s ‘sensational’ Bitcoin article in complaint
Australia’s government-funded national broadcaster, which has on average over 12 million people in its readership, released a report on Tuesday painting Bitcoin as a tool of criminals with no real use or purpose.
Trump hint sends Kevin Hassett Fed chair odds soaring in markets
Trump hasn’t confirmed who he will have replace Fed Chair Jerome Powell with next year, but two recent hints, taken together, point to his crypto-friendly adviser.
December Fed cuts unlikely, but Bitcoin will be fine: Kevin O’Leary
Kevin O’Leary said he is not positioning his investments around expectations that the US Federal Reserve will cut rates in December.