Wu Blockchain
Search documents
X @Wu Blockchain
Wu Blockchain· 2025-11-07 11:14
According to Bloomberg, Kazakhstan is establishing a national cryptocurrency reserve fund worth between $500 million and $1 billion, partly using assets seized or repatriated from abroad. The fund will invest in ETFs and crypto-related companies, avoiding direct crypto exposure, and is expected to launch by early 2026. https://t.co/fh7RhovtiR ...
X @Wu Blockchain
Wu Blockchain· 2025-11-07 10:07
Regulatory Changes - Japan's FSA plans to tighten regulations on crypto lending under the Financial Instruments and Exchange Act [1] - The aim is to close loopholes and mandate stronger risk and custody controls for crypto lending [1] - Proposed investment limits for Initial Exchange Offerings (IEOs) to curb retail speculation [1] Potential Concerns - Experts warn that investment caps on IEOs could be easily bypassed in secondary markets [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-07 09:27
Ripple President Monica Long said at the Swell conference in New York that the company has “no plans or timeline” for an IPO, indicating no short-term intention to join other crypto firms going public. The statement follows Ripple’s recent $500 million funding round, which raised its valuation to $40 billion. https://t.co/nRMxeJtoY7 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-07 06:54
Michael Saylor: Bitcoin's Institutional Acceptance Ushers in a New Growth CycleIn an interview with CNBC on October 29, MicroStrategy founder Michael Saylor described the past 12 months as "the most positive year in crypto history". From the White House to Congress, major U.S. regulatory bodies are redefining the role of digital assets: the White House recognizes Bitcoin as "digital gold", the SEC is promoting the tokenization of securities, the Treasury Department is embracing stablecoins, and the new head ...
X @Wu Blockchain
Wu Blockchain· 2025-11-07 06:07
Coinbase Europe Limited settled with the Central Bank of Ireland over a 2021–2022 coding error in its transaction monitoring system that left some transactions partially unscreened. Coinbase later filed about 2,700 STRs involving €13 million. The CBI imposed a €21.5 million fine. Coinbase said the issue was fixed within weeks and AML controls have been strengthened.https://t.co/Fn44TH6HRP ...
X @Wu Blockchain
Wu Blockchain· 2025-11-07 05:25
On November 6 (ET), spot Bitcoin ETFs recorded a total net inflow of $240 million, ending six consecutive days of net outflows. Spot Ethereum ETFs also saw a net inflow of $12.51 million, marking their first positive flow after six days of outflows.https://t.co/Hj2Gs49bWa https://t.co/j5xBWRwZdq ...
X @Wu Blockchain
Wu Blockchain· 2025-11-07 04:43
Galaxy CEO Mike Novogratz noted that the crypto market remains sluggish, with many long-term holders reallocating and diversifying after a prolonged bull run. While this benefits the market long term, it may pressure prices in the short term. He added that the market hasn’t reached a cycle top, and a potentially more dovish Fed chair later this year could help spark the next rally.https://t.co/CVqUwO1mV6 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-07 03:16
Bloomberg Senior ETF Analyst Eric Balchunas stated that Bitwise has filed an 8(a) form for its Spot Dogecoin ETF. The 8(a) filing is an automatic effectiveness application submitted to U.S. securities exchanges, under which the ETF will be automatically approved for listing if the SEC does not intervene within 20 days.https://t.co/7wjXvXiHRx ...
X @Wu Blockchain
Wu Blockchain· 2025-11-07 02:37
According to @EmberCN, Tether’s BTC reserve wallet withdrew 961 BTC (worth $97.18M) from Bitfinex over two hours ago, possibly buying the dip. The wallet holds BTC bought with 15% of company profits since 2023 and typically only withdraws at the end of each quarter. It now holds 87,296 BTC ($8.84B), making it the 6th largest BTC wallet. Based on withdrawal prices, the average cost is around $49,121, with an unrealized profit of $4.549B.https://t.co/KpNH5xJ5ju ...
X @Wu Blockchain
Wu Blockchain· 2025-11-06 18:48
Google will begin integrating prediction market data from Polymarket and Kalshi into Google Finance search results in the coming weeks, initially available to Labs users. This will allow users to directly query the market probabilities of future events and track their changes over time. https://t.co/H6SLy26FQR ...