M is the only major exception in the green today, while WLD has plummeted hard, followed by LIT, DOT, STRK, and …
Adam Forsyth
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China has set a 2030 target to largely complete a national blockchain network, placing a central backbone, regional hubs, and distributed digital …
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Crypto
China Wants $5.1B in Bitcoin, Now HSBC Is Launching RedCoin in Hong Kong
by Adam Forsythby Adam ForsythChina is seeking to confiscate 61,896 Bitcoin worth $5.1 billion, while HSBC has begun rolling out its Hong Kong dollar-backed RedCoin stablecoin. …
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Crypto
Malaysia and Thailand Central Banks Join Singapore’s BLOOM as Roster Hits 24 Firms
by Adam Forsythby Adam ForsythMaybank, one of nine new BLOOM participants, already runs one of Bank Negara Malaysia’s three ringgit stablecoin and tokenized deposit pilots, …
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JPMorgan’s JPM Coin has recorded zero supply and zero transfers on Ethereum in a contract review by Sentora, days after the bank …
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Crypto
Retail Traders Have Left Bitcoin Futures: Can BTC USD Sweep $80,000 and Bounce?
by Adam Forsythby Adam ForsythBitcoin (BTC USD) is holding near $81,700 on Friday, October 23, after CryptoQuant CEO Ki Young Ju said retail traders have left …
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Crypto
Bitcoin to $10K? Bloomberg Analyst Warns of Brutal Scenario if Stocks Slide 20%
by Adam Forsythby Adam ForsythMcGlone believes BTC’s mainstream adoption through ETFs changed its investment profile, leaving it more exposed to familiar market risks. Senior commodity …
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Crypto
Franklin Templeton moves closer to launching two Bitcoin DRIP ETFs on Nasdaq
by Adam Forsythby Adam ForsythFranklin Templeton has registered two Bitcoin dividend reinvestment ETFs for Nasdaq trading, bringing the $1.8 trillion asset manager closer to launching funds …
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Crypto
Ripple Partner Arf Brings Its $10 Billion Payments Lending Business to the XRP Ledger
by Adam Forsythby Adam ForsythSwiss payments lender Arf said on Thursday, October 22, that it is partnering with Ripple to lend the RLUSD stablecoin to licensed …
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Crypto
Why Are OG Crypto Whales Cashing Out? Early ETH Holders Move Millions
by Adam Forsythby Adam ForsythSome of the earliest investors in ETH appear to have been taking money off the table lately. On-chain data from earlier …
