Markets
The XRP metrics in every headline, and what they can’t tell you
Active addresses, whale deposits and open interest are all pointing the right way for XRP, and the price is still near a dollar. Here's what each number actually measures, and why none of them promises a move.
CryptoSlate, with data from Santiment
4 weeks ago · 7 min read
Markets
Standard Chartered says its $100 UNI target may be too low, if one number holds
The bank's digital assets research head says the $100 end-2030 UNI target he set in June may be too conservative, because of how fast Uniswap is now destroying its own tokens. That rate has to hold for about five years for the maths to work.
The Defiant and CryptoSlate
4 weeks ago · 7 min read
Markets
Nobody actually knows how much was liquidated on 10 October, including the people quoting $18bn
A Solana-aligned research group has told the FCA that $18bn was liquidated in 14 hours during last October's crash. The real number is unknowable from the outside, and the reason why is built into how exchanges publish their data.
CryptoSlate, with regulatory findings from ESMA
4 weeks ago · 6 min read
Business
Staking earned this Solana treasury $2.5m. Paying the bills took $12m of new shares
Solana Company booked $2.512m of staking revenue last quarter and none of it arrived as cash. The money to actually run the business came from selling equity, which is a cost existing shareholders pay.
CryptoSlate
4 weeks ago · 4 min read
Markets
A 3x bitcoin fund won’t give you 3x bitcoin’s year
Cboe has asked the SEC to clear the first US funds tracking three times the daily move of bitcoin and ether. The word doing the heavy lifting in that sentence is "daily", and here's why it changes everything.
The Block and CoinDesk
4 weeks ago · 6 min read
Business
World Liberty’s stablecoin is about to issue itself, and that’s the change worth reading
A conditional trust charter would let World Liberty Financial take over issuing USD1 from BitGo. A trust charter is not a normal bank licence, and "conditional" is doing a lot of work in that sentence.
Decrypt, CryptoSlate and The Block
4 weeks ago · 5 min read
Policy
US regulators are clearing a path to round-the-clock share trading. Britain isn’t on it.
The SEC is advancing an exemption that would let listed shares trade on a blockchain at any hour. It changes when you can trade, not what you own, and UK investors are nowhere near it.
The Defiant, reporting Bloomberg
4 weeks ago · 7 min read
Policy
The bill that would decide which tokens you can buy is running out of road
Trump and the heads of the SEC and CFTC are due to meet crypto executives at the White House on 19 August, with the industry's biggest legislative priority now given roughly a 10% chance of passing this year. Here's what the bill would actually settle.
CryptoSlate and The Block
4 weeks ago · 8 min read
Business
Robinhood’s UK app now puts crypto next to your ISA. Only one of them is protected
Robinhood has switched on crypto trading inside its main UK app, using Bitstamp for the trading and custody. It sits on the same screen as stocks and ISAs — with very different protections behind it.
The Block
4 weeks ago · 5 min read
Policy
Hawaii becomes the fourth US state to switch off crypto ATMs
From 1 October, crypto ATMs are banned in Hawaii, joining Minnesota, Tennessee and Indiana. Here is how the scams these machines get used for actually work, and why UK readers should know the machines were never legal here in the first place.
Cointelegraph, with additional reporting via CoinDesk
4 weeks ago · 4 min read