Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA
The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.
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Global Banking Regulator Proposes Changes to Criteria That Give Stablecoins Preferential Risk Treatment
The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.
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Crypto Exchange CoinList Settles OFAC’s Russian Sanctions Allegations for $1.2M
CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.
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Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
The new “Cronos zkEVM chain” is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
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JPMorgan Is Cautious About Crypto Markets Into 2024
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
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ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High
The firm has sold over $150 million worth of stake in COIN since Dec. 5.
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Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing the previous peak of $330 million set in April.
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Bitcoin’s Bull Run Has Plenty of Steam Left, These Indicators Suggest
Key indicators tracking Bitcoin’s blockchain activity, miner flows, and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
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In Search of the Elusive Crypto Voter
Next year will see a presidential election. What’s crypto’s role?
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Meme Coin BONK Spikes 40% on Coinbase Listing
BONK prices reversed nearly all losses from last week following the announcement. Prices traded at $0.000014 on Thursday morning with a trading volume of over $235 million since Wednesday.