Cryptonews

The native token of the oracle network Chainlink encountered substantial institutional selling pressure over the 24-hour trading session, sinking to its weakest price in more than a week.

Well, folks, hold onto your hats because Bybit just made history! The crypto exchange has landed a sweet deal with the UAE Securities and Commodities Authority (SCA), earning the very first Virtual Asset Platform Operator license. That’s right, the first one! Not only does this make Bybit the official go-to crypto platform in the UAE, but it also marks a turning point for the region’s ambition in the digital asset game. 🍾🚀

In a tweet that sent shockwaves through the crypto forest, MartyParty claimed Binance has been sending tens of thousands of SOL to Wintermute daily for over two years. Why, you ask? To squash prices like a bug and squeeze liquidity from leveraged traders like toothpaste from a tube! 🦟💸

The UK is rolling out crypto ETNs for retail investors, while the EU’s ESMA sharpens its claws for oversight. 🦅

This *not-so-whimsical* partnership represents a rather significant leap-think of it like jumping off a cliff but with the promise of a soft landing-in the company’s ongoing migration into the land of digital treasures, where one might find all manner of shiny tokens lurking about, and hopefully, not too many trolls.

Ah, behold the marvel of 21Shares’ Dogecoin ETF, TDOG, strutting onto the DTCC’s Active and Pre-Launch list like a peacock in a poultry farm. Brokers and clearing institutions, take note! But hold your rubles, comrades-this listing is merely a prelude, not a coronation. Regulatory approval? Nyet, not yet.

BNB, that wily cryptocurrency, has been strutting about like a peacock, overtaking XRP to claim the third spot in the market value circus. And Farcaster, ever the opportunist, has decided to join the fray. Co-Founder Dan Romero, with a flourish of his quill, proclaimed on X (formerly known as Twitter, for the uninitiated) that their goal is to embrace “every asset and every chain that matters.” 🤑 Oh, the ambition! The folly!

In a spectacular twist of fate, Ripple declared, on Thursday, their partnership with BFB-so glittering and strategic, it could give anyone a run for their money. Together, they’ll endeavor to enhance Bahrain’s digital ecosystem by piloting fintech projects, testing out cross-border payments, tinkering with stablecoins, and even dipping their toes in the vast ocean of tokenization. Ah, what a world we live in! 🌍

In a dramatic blog post (cue the slow music), Ethereum Foundation’s very own Nicolas Consigny took to the interwebs to announce this grand plan. The goal? To create an entire set of privacy and security “primitives” for the Ethereum ecosystem. Sounds fancy, right? But it’s all just techy-talk for making sure you don’t get hacked while playing around with your crypto.