Market Update October 11
Reading Time: 2 minutes Over the past week, we have seen some interesting price movements, with Bitcoin and Ethereum taking the spotlight. Bitcoin, the world’s largest and most popular cryptocurrency, has had a rollercoaster week.
Ripple Files a Cross-Appeal in SEC Lawsuit
Reading Time: < 1 minute Ripple Labs has decided to appeal a recent ruling made by US District Judge Analisa Torres in their ongoing legal battle against the SEC.
OKX Obtains a Derivatives VASP License in UAE
Reading Time: < 1 minute OKX has successfully obtained its full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).
SEC Files Lawsuit Against Cumberland DRW for Operating as Unregistered Crypto Dealer
Reading Time: < 1 minute The SEC filed a lawsuit against Cumberland DRW on October 10, citing the company for operating as an unregistered dealer.
Ubisoft to Launch Champions Tactics: Grimoria Chronicles as Its First Web3 Game with the Oasys Layer 2 HOME Verse
Reading Time: 4 minutes Paris, France, 10th October 2024, Chainwire
VanEck Rolls Out New Fund to Invest in Crypto
Reading Time: < 1 minute Issuer of spot Bitcoin exchange-traded funds (ETF) in the United States, VanEck, has introduced a new program aimed at supporting emerging cryptocurrency and artificial intelligence projects.
WisdomTree Launches a Debit Card Linked to its Onchain Money Fund
Reading Time: < 1 minute WisdomTree has announced that it will allow debit card holders to make direct purchases using its tokenized onchain money fund.
US Prosecutors Charge 4 Crypto Companies
Reading Time: < 1 minute Authorities have charged four cryptocurrency companies and 15 individuals with participating in fraudulent activities and market manipulation.
Leading Stablecoin Issuers & Crypto Firms Embrace International Set Of Stablecoin Standards
Reading Time: 3 minutes London, United Kingdom, 9th October 2024, Chainwire
Crypto.com Sues SEC
Reading Time: < 1 minute Currency exchange Crypto.com has taken legal action against the US Securities and Exchange Commission (SEC), its Chair Gary Gensler, and its four commissioners.
ATLETA and Bybit forge powerful partnership: a chance to win real Porsche, Rolex or iPhone
Reading Time: 3 minutes Mahe, Seychelles, 9th October 2024, Chainwire
HBO Documentary: Peter Todd is Satoshi Nakamoto
Reading Time: < 1 minute The new HBO documentary “Money Electric: The Bitcoin Mystery” suggests that Peter Todd, an early Bitcoin developer, is the true identity behind Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
Canary Capital Files Application for a Spot XRP ETF
Reading Time: < 1 minute Canary Capital, a firm specializing in crypto investments, has submitted a proposal to establish an exchange-traded fund (ETF) for XRP.
Hong Kong Plans to Approve More Crypto Licenses This Year
Reading Time: < 1 minute The Securities Futures Commission of Hong Kong has announced its plan to issue more licenses to cryptocurrency exchanges and digital asset firms operating in the region by the end of the year.
21Shares Asks EU for Unified Crypto ETP Legislation
Reading Time: < 1 minute The current regulations regarding crypto inclusion in these types of funds across EU countries are fragmented and inconsistent, causing confusion for investors.
Judge Approves FTX Bankruptcy Plan
Reading Time: < 1 minute Jon Dorsey, the US bankruptcy judge, has given his approval to the reorganization plan for FTX.
VENKO Achieves Key Milestones and Expands Utility with Alien-Themed Ecosystem on Solana
Reading Time: 2 minutes Dubai, Dubai, 7th October 2024, Chainwire
SUI meme $HIPPO enters into charity partnership with Moo Deng’s zoo
Reading Time: < 1 minute Thailand, Bangkok, 7th October 2024, Chainwire
NYDIG: Bitcoin Remains Best Performing Asset This Year
Reading Time: < 1 minute According to the New York Digital Investment Group, Bitcoin continues to be the top-performing asset of the year despite a relatively weak third quarter.
Coinbase Asks Court to Reconsider Appeal
Reading Time: < 1 minute The appeal was prompted by the Securities and Exchange Commission’s (SEC) recent notice of appeal in the ongoing Ripple lawsuit.
Coinbase Will Delist Unauthorized Stablecoins in EU to Comply with MiCA
Reading Time: < 1 minute Coinbase has announced its plans to remove any unauthorized stablecoins from its platform in the European Union (EU) by December. This move is in compliance with the EU’s Markets in Crypto Assets (MiCA) rules.
Market Update October 4
Reading Time: < 1 minute The past week has been a rollercoaster ride for the cryptocurrency market as major coins such as Bitcoin and Ethereum experienced significant price movements.
JPMorgan: Investors Could Turn to Bitcoin Due to Geopolitical Risks
Reading Time: < 1 minute J.P. Morgan analysts suggest that recent increases in geopolitical tensions and the looming US presidential election are causing investors to turn towards gold and bitcoin as safe-haven assets, referred to as the “debasement trade.”
PayPal Completes First Business Transaction with its Stablecoin
Reading Time: < 1 minute PayPal recently completed its first commercial transaction using its US dollar-pegged stablecoin as a demonstration of its ease of use for business payments.
Ripple and Mercado Bitcoin Will Make Crypto Payments Available in Brazil
Reading Time: < 1 minute Ripple has teamed up with a major cryptocurrency exchange in Brazil to launch cross-border payments fueled by cryptocurrency.
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Lido Staked Ether 
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