by Michael
Key takeaways Ethereum (ETH) has reclaimed $2,300 after falling below its realized price of $2,309 following the $6.3 billion Binance hack. US spot Ethereum ETFs recorded their seventh consecutive trading day of outflows on Tuesday. ETH faces immediate support at... 
by Michael
Key TakeawaysBinance lost $6.3 billion on Oct. 30 in a hot-wallet exploit linked to compromised work laptops.FSC directed DAXA and major Korean exchanges to boost reserves and exceed the 80% cold-wallet rule.Regulator Yoo Young-jun will coordinate with FSS and global... 
by Michael
Key TakeawaysBTC fell from about $77,970 to $75,740 between 21:45 and 03:10 UTC as midterm results rolled in.Nasdaq 100 futures dropped about 2% as NBC News projected Democrats will win control of the House.Kalshi traders put Democratic Senate control at 99%, with the... 
by Michael
Key TakeawaysHayes expected bitcoin weakness until Fed or bank balance sheets grow.Commercial lending can expand dollar deposits independently of Fed purchases.His longer-term outlook includes bitcoin eventually reaching $1 million. Hayes Points to Banks Alongside the... 
by Michael
Key TakeawaysGarlinghouse said RLUSD competes with other stablecoins, not XRP.XRP Ledger accounts require XRP reserves, while RLUSD requires a trust line.Ripple prioritizes XRP where it suits customers, using fiat or RLUSD otherwise. Garlinghouse Places RLUSD... Translate »
