Author: Kryptonews

In brief Stablecoin giant Tether is reportedly closing its Bitcoin mining operation in Uruguay. Local media reported high energy costs as the reason. The crypto company wants to be the world’s biggest Bitcoin miner. Stablecoin issuer Tether is halting its Bitcoin mining operations in Uruguay.The firm, which issues USDT, the third biggest cryptocurrency by market capitalization, said it made the decision to leave the South American country due to high energy costs.Local media reported that El Salvador-based Tether had confirmed to Uruguay’s Ministry of Labor and Social Security that it was laying off 30 of its 38 employees in the…

Liquidity is the lifeblood of all tradable assets, including cryptocurrency. It is important because it determines how quickly and efficiently market participants can buy or sell cryptocurrencies. Highly liquid markets enable smooth and efficient trading, while highly illiquid markets can lead to difficulties entering or exiting a position at a desired price. Consequently, every investor needs to understand how to measure crypto liquidity to reduce risk and maximise returns. What is Crypto Liquidity? Crypto liquidity refers to the ease and speed with which a cryptocurrency can be converted into cash or other digital assets, without the trade substantially affecting the…

On Nov. 26, Nasdaq’s International Securities Exchange quietly triggered one of the most important developments in Bitcoin’s financial integration.The trading platform asked the US Securities and Exchange Commission (SEC) to raise the position limit on BlackRock’s iShares Bitcoin Trust (IBIT) options from 250,000 contracts to one million.On the surface, the proposal looks procedural. In reality, it marks the moment Bitcoin exposure becomes large and liquid enough to operate under the same risk framework that Wall Street applies to Apple, NVIDIA, the S&P 500 (SPY), and the Nasdaq-100 (QQQ).The filing argues that the existing limit is “restrictive and hampers legitimate trading…

One of the largest cryptocurrency-focused companies, CoinShares, said on Friday that it has withdrawn all of its applications to launch spot crypto ETFs in the United States, including filings for XRP and SOL. At the same time, the demand for both large-cap altcoins on Wall Street has been rather impressive, with the cumulative total inflows surpassing $600 million for each. CoinShares Pulls Out The battle for spot crypto ETFs in the United States has been gathering steam in the past several weeks, as numerous issuers filed a new way to bypass the SEC’s stringent approval process by removing the “delaying…

XRP buyers return in force: $72.50 billion in longs placed at critical support, signaling a potential market pivot that traders cannot ignore. The frenzy follows a significant reversal triggered by the 21Shares Solana ETF, which saw over $34 million in withdrawals in just one day. Meanwhile, Apeing ($APEING)is creating waves in the market, attracting attention for its upcoming crypto presale, offering early entry that could translate to massive upside. The stage is set for both retail and institutional players to make strategic moves before the masses react. Ethereum and Cronos are also holding crucial levels in the market, providing stability…

Key Takeaways The return of a positive premium indicates that US buyers are paying above global prices for Bitcoin. The shift suggests a revival in institutional accumulation following a prolonged negative phase. Share this article Coinbase Bitcoin Premium turned positive, indicating renewed buying activity from US-based institutions after an extended period of negative sentiment. The premium tracks Bitcoin’s price difference on Coinbase compared to other global exchanges, serving as a key gauge for US investor demand.The metric functions as a market indicator that reveals when US participants are paying higher prices for Bitcoin relative to international platforms. When positive, it…

From dominance to ban: The 2021 crackdown Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world’s Bitcoin computing power in 2020.In 2021, the Chinese government moved to stop mining activity. Authorities cited concerns about financial risks, capital outflows and the high electricity use required for mining. In September 2021, the People’s Bank of China declared all cryptocurrency transactions illegal and confirmed the nationwide ban on mining.The immediate result was a sharp drop in global hashrate as many Chinese mining…

Crypto veteran Arthur Hayes has issued a warning over Monad, saying the recently launched layer-1 blockchain could plunge as much as 99% and end up as another failed experiment driven by venture capital hype rather than real adoption.Speaking on Altcoin Daily, the former BitMEX chief described the project as “another high FDV, low-float VC coin,” arguing that its token structure alone puts retail traders at risk. FDV stands for Fully Diluted Value, which is the market value of a crypto project if all its tokens were already in circulation.According to Hayes, projects with a large gap between FDV and circulating…

A group of customers has filed a lawsuit against Kalshi Inc., claiming the prediction market illegally operates as a sports bookmaker and deceives users about how it conducts business. Seven users brought the case to a New York court on Wednesday. They say the company tricks customers by calling itself a provider of “legal sports betting” even though it does not hold gambling licenses in any state. The lawsuit also targets Kalshi Trading, which the customers say works as a market-maker that creates betting odds that work against regular users. “When consumers place bets on Kalshi, they face off against…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is trading above $3,050 after enduring weeks of intense selling pressure and a deep capitulation phase among short-term holders. While fear continues to dominate sentiment, new data suggests that market participation has remained surprisingly strong throughout the year. According to a CryptoQuant report by Arab Chain, Ethereum’s real-time trading volume across all major platforms highlights a pivotal period in its 2025 trajectory. Throughout the year, ETH’s monthly trading activity fluctuated widely. Volume initially dipped into the $280–$380 billion range during the market’s early-year slowdown. However, a…