Crypto

Source: Bitcoinist Data shows the Bitcoin Coinbase Premium Gap has plunged into the negative territory following BTC’s latest high above $98,000. Bitcoin Coinbase Premium Gap Has Just Observed A Plummet As explained by CryptoQuant community analyst Maartunn in a new Quicktake post, the recent positive Coinbase Premium Gap has just disappeared. The “Coinbase Premium Gap”…

Source: Coin Tegraph After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation. Read Full Article

Source: Coin Tegraph The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the “Larger Participants” rule. Read Full Article

Source: Bitcoinist Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu’s Ethereum Layer-2 solution. In an exchange on X, the team behind FEED (@feedcto), a Shiba Inu-based memecoin on the Shibarium network, raised concerns…

Source: Coin Tegraph The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation. Read Full Article

Source: Bitcoinist In a significant win for the crypto market, US Securities and Exchange Commission (SEC) Chair Gary Gensler has announced he will step down from his position on January 20, 2025, coinciding with the presidential inauguration of President-elect Donald Trump.  This news has been met with optimism among crypto advocates, who view Gensler’s departure…

Source: Coin Tegraph Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term. Read Full Article

Source: Bitcoinist Pro-crypto US Senator Cynthia Lummis is intensifying her efforts to advance the Bitcoin Strategic Reserve Act, a proposal introduced by President-elect Donald Trump during the National Bitcoin Conference earlier this year.  This initiative aims to position the United States at the forefront of BTC adoption, starkly contrasting the regulatory landscape under the Biden…

Source: Coin Tegraph Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange. Read Full Article

Source: Bitcoinist Data shows the Ethereum derivatives-related metrics have shot up recently, a sign that the price is at risk of going through a volatile storm. Ethereum Open Interest & Leverage Ratio Have Both Spiked Recently In a CryptoQuant Quicktake post, an analyst has discussed about the trend in the derivatives indicators of Ethereum. The…