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Quick Take “I’m still hopeful that we’ll launch by the end of the year,” Ripple CTO David Schwartz said while speaking at The Block’s Emergence crypto conference. The upcoming holidays may cause the launch to be delayed, he said.
Quick Take A bitcoin reserve could fuel inflation and wouldn’t be of value to the government, Bill Dudley said on Friday in an opinion column published on Bloomberg. The price of bitcoin has reached new heights over the past month, surpassing a record $100,000 on Thursday.
Quick Take With MiCA coming into play and President-elect Donald Trump coming into office, there will be a proliferation of stablecoin issuers, experts discussed at The Block’s Emergence conference. While currently dominated by U.S. dollar-denominated tokens, these issuers may instead focus on different regions and fiat currencies.
Quick Take Coinbase, through consultant firm History Associates Inc., sued the FDIC in June and accused the agency of trying to cut off the crypto industry from the banking sector. “Operation Chokepoint 2.0 wasn’t just some crypto conspiracy theory,” Coinbase Chief Legal Officer Paul Grewal said in a post on X.
- 16:56A whale spent $91,000 to buy 20.31 million LAUNCHCOIN a month ago, currently with a floating profit of over $3.4 millionAccording to a report by Jinse Finance, monitored by Onchain Lens, a month ago, a whale spent 74.5 SOL, worth approximately $91,000, to purchase 20.31 million LAUNCHCOIN. Currently, these LAUNCHCOIN are valued at over $3.51 million.
- 16:56ETH Surpasses $2600Market data shows that ETH has surpassed $2600, currently reported at $2600.13, with a 24-hour increase of 4.11%. The market is quite volatile, so please ensure proper risk management.
- 16:29Trump: Will Impose Additional Tariffs on Countries Levying Tariffs on the USU.S. President Trump: Will impose additional tariffs on countries that levy tariffs on the United States.