Worldcoin (WLD) listed on Coinbase with perpetual futures, advancing AI tokens. Offers digital ID with biometric data, gaining market attention. Signals growing interest in AI crypto. Enables institutional trading access. Despite modest response, marks mainstream recognition.
Huang BoBybit applies for a Hong Kong license, signaling strategic expansion and intensifying competition in the burgeoning Asian cryptocurrency market.
BrianBybit Exchange announces the listing of Magic Square's governance token, SQR, for spot trading. SQR, associated with the Web3 platform, will be tradable on Bybit's platform, with early participants standing a chance to earn free SQR tokens. Magic Square's recent public sale through DAO Maker and the backing of influential investors add to the anticipation surrounding the listing.
Xu LinCardano faces a price decline following Coinbase's introduction of perpetual trading. Regulatory uncertainties contribute to challenges for Coinbase. Despite progress, ADA's market situation shows a decline in price and trading volume. Social sentiment and development activity around ADA have also witnessed negative trends. The MVRV ratio indicates fewer profitable addresses holding ADA. The introduction of Cardano's AI chatbot, Girolamo, presents a potential solution and a forward-thinking approach to uplift the platform. The long-term impact of these developments remains uncertain amidst current market challenges.
BerniceCoinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.
BitcoinistThe move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice.
CoindeskBybit is the latest crypto exchange to slash a sizeable portion of its workforce.
Others
BeincryptoExchanges occupy a crucial position in the cryptocurrency industry, providing the first touchpoint for new users, and meeting traditional finance expectations for investment gurus.
CointelegraphThe function enables users to speculate on future prices of cryptos and settle their trades using USDC.
Cointelegraph