Cryptonews

This steady rise suggested that Avalanche was being used purposefully-unless you’re a crypto bro who thinks “purpose” is just a fancy word for “I’m not sure.” 😅

But let’s not get too excited just yet. The rate cut will still depend on inflation numbers, labour data, and whether the economy feels like being cooperative. Since the last cut in September 2024, the US dollar made a dramatic leap, while the crypto market experienced some very brief but entertaining jolts. We’ll see if lightning strikes again. ⚡

On a Tuesday, when the world was busy sipping its tea, Hong Kong declared its quest for wisdom-or perhaps just public opinion-on CARF and the tweaking of tax reporting standards. A noble endeavor, they claim, to thwart the shadowy specter of cross-border tax evasion. 🕵️♂️💼

This, dear reader, marks the first time a homegrown crypto trading platform has dared such a feat. A first for Hong Kong, you say? Indeed, and yet, one cannot help but smirk at the spectacle of the new courting the old, like a revolutionary knocking on the doors of the aristocracy. 🧨

Crypto sorcerer Michaël van de Poppe says Bitcoin is still galloping along its bullish path. He’s eyeing the $91,892 mark like a hawk. Break that, and the next hurdle is $100,793. Push past that and-hold your breath-$100,000 could be in sight by December’s end. 🎯

Bitcoin started the week with a “I’m gonna be a big boy today!” vibe, hitting $92K, but then… sigh… the bears came in with a “You’re not as cool as you think” punch. Now it’s chilling at $90,200. Because nothing says “confidence” like a 2% dip. 📉

On a day adorned by the frivolity of Tuesday, Circle Internet Group declared to the world with fervor rare, having obtained from the Financial Services Regulatory Authority of the illustrious Abu Dhabi Global Market a license most prestigious – a Financial Services Permission. Ah, to be one in the exotic land of the International Financial Centre of Abu Dhabi! This accolade bestows upon the issuer the esteemed title of Money Services Provider, amidst dreams woven with piastres and dirhams. 🧚‍♂️

BlackRock has submitted its S-1 form-a document so dense, it could double as a doorstop. 📄 The iShares Ethereum Staking Trust (ETHB) aims to “reflect the performance of ether” while doling out staking rewards. A noble goal, if you ignore the fact that it’s essentially a fancy way to say, “Let’s all try to get rich off a blockchain.” 🤝

Let’s take a step back and look at the few (or many?) reasons why LUNA is suddenly the talk of the town.

Hold on to your hats folks, because 21Shares and Crypto.com have just announced they’re officially in business together. Their goal? To launch some shiny new investment products that track the Cronos (CRO) token. We’re talking about a CRO private trust and an Exchange Traded Fund (ETF) – because why settle for less when you can have it all?