๐ธ๐ฌ๐ฆ Singapore Gulf Bank (SGB) and Cactus Custody, owned by Matrixport, announced a partnership to offer institutions 24/7 regulated storage of fiat assets and will allow customers to manage cash and digital assets on one platform. x.com
๐ช๐บ๐ค #LINK 21X parapartnered with Chainlink to tokenize securities
๐ช๐บ๐น The French financial regulator warns of gaps in regulation of the cryptocurrency industry in Europe, saying it may ban some companies with foreign licenses from operating domestically. The Authority for Financial Markets (AMF) expressed concern that cryptocurrency companies are "opting out" of jurisdictions with more lenient conditions under the EU's new MiCA regime, which allows companies to obtain licenses in one member state and use them across the bloc. #regulation
๐ฎ #UMA Polymarket launches betting market on company reports.
๐ฟ Jesse Pollack (founder of Base) stated that he is exploring the possibility of launching a token.
๐ถ๐ฟ #DOGE #ETF Bloomberg analyst: As of now, the Doge ETF (from REX-Osprey) is slated for Thursday launch, as is a 40 Act spot XRP ETF (which was in the same prospectus that went effective, #TRUMP and #BONK also in there too, but no word on launch date for those yet).
๐๐ค #BTC CQ: Bitcoin Scarcity Index on Binance jumps for the first time since June.
The index jumps when immediate buying power exceeds available supply, as if buyers are racing to acquire Bitcoin on the market.
The index jumps when immediate buying power exceeds available supply, as if buyers are racing to acquire Bitcoin on the market.
๐๐ #BTC Glassnode Report: Overall, the market benefited from macroeconomic momentum, with inflows into ETFs and futures accumulation contributing to the recovery. However, weakening spot asset flows, reduced funding and increased profit taking point to emerging selling pressure. Sentiment is improving but fragility remains, leaving BTC vulnerable if demand is not sustained.