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Robinhood soars to new highs as crypto goes mainstream through Walmart, Samsung, and CME’s 24/7 trading plans. Source: decrypt.co (Read Full Article)
Vietnam central bank expects credit growth amid rapid crypto adoption
Vietnam is one of the leading countries for crypto adoption in the Asia-Pacific (APAC) region and ranks number four globally, according to Chainalysis. Source: cointelegraph.com (Read Full Article)
How are ETH bulls positioned after Ether’s 17% weekly gain?
Ether’s chances of breaking above $5,000 depend on institutional accumulation, but rising competition and muted derivatives metrics keep investor sentiment restrained. Source: cointelegraph.com (Read Full Article)
Coinbase Applies for US Banking License, Joining Growing Pack of Crypto Firms
Coinbase on Friday announced that it had filed for a National Trust Company Charter from the Office of the Comptroller of the Currency. Source: decrypt.co (Read Full Article)
FDIC to review rule that may shape banks’ crypto relationships
An FDIC meeting will follow up on acting chair Travis Hill’s statements that he would support Trump’s executive order targeting “politicized or unlawful debanking activities.” Source: cointelegraph.com (Read Full Article)
“Walmart’s OnePay Set to Launch Bitcoin and Ether Trading, Eyes WeChat-Style Superapp Domination in the US”
Walmart-owned banking app OnePay is reportedly planning to introduce trading and custody services for Bitcoin and Ether this year, aiming to become a WeChat-style superapp in the US. OnePay currently provides various banking services like savings accounts and loans and is seeking to offer a platform similar to WeChat, which combines messaging, social media, payments, and more. The move follows regulatory support for superapps in the US by the Securities and Exchange Commission, with companies like Coinbase and Toss also working on their versions of superapps that integrate financial services and digital assets. [Original Post] Generated by DMK News Bot
Ethereum Foundation converts 1,000 ETH for stablecoins to fund R&D, grants
Ethereum Foundation sells 1,000 ETH via CoW Swap for stablecoins to support research, grants and DeFi funding as part of its treasury strategy. Source: cointelegraph.com (Read Full Article)
CleanSpark sells $48.7M in Bitcoin, treasury tops 13K BTC in September
Shares of Nasdaq-listed miner CleanSpark rose more than 5% Friday after the company reported higher September production. Source: cointelegraph.com (Read Full Article)
As Bitcoin Nears All-Time High, This Top 5 Token May Have a Path to the Moon: Analysis
BNB is soaring, and its explosive momentum could deliver a moonshot by year’s end, or set the stage for a brutal correction. Here’s how these scenarios could play out. Source: decrypt.co (Read Full Article)
Judge tosses lawsuit against Yuga Labs over failure to satisfy Howey test
The plaintiffs failed to show how Bored Ape Yacht Club and other NFTs represent investment contracts under the SEC’s 3-pronged Howey Test. Source: cointelegraph.com (Read Full Article)