Grosscrypto News

Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum

Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum - Latest Cryptocurrency News

Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.

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Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL

Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL - Latest Cryptocurrency News

Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

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Celo Challenges Tron's Leadership in Active Stablecoin Addresses

Celo Challenges Tron's Leadership in Active Stablecoin Addresses - Latest Cryptocurrency News

The CELO token has rallied nearly 20% in the past 24 hours.

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U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO

U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO - Latest Cryptocurrency News

The U.S. crypto market will "bifurcate from the rest of the world" said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.

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Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD - Latest Cryptocurrency News

“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.

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Crypto Inspired by 'Moo Deng' Zooms to $100M as Hippo Meme Takes Over Internet

Crypto Inspired by 'Moo Deng' Zooms to $100M as Hippo Meme Takes Over Internet - Latest Cryptocurrency News

Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over the last 24 hours, a fan page for the token said Wednesday.

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Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally

Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally - Latest Cryptocurrency News

The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls.

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Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection

Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection - Latest Cryptocurrency News

Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.

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Singapore Court Grants WazirX Four-Month Conditional Moratorium

Singapore Court Grants WazirX Four-Month Conditional Moratorium - Latest Cryptocurrency News

A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.

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NYDFS 'More Eager Than Anyone' for Federal Legislation, Chief Says

NYDFS 'More Eager Than Anyone' for Federal Legislation, Chief Says - Latest Cryptocurrency News

NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.

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