Canary Capital files for MOG ETF, boosting the little-known memecoin
The memecoin Mog Coin saw a slight lift in its price on Wednesday after Canary Capital filed to launch an ETF tracking the token.
The memecoin Mog Coin saw a slight lift in its price on Wednesday after Canary Capital filed to launch an ETF tracking the token.
Acting FDIC Chair Travis Hill said the agency is also working on a regime for stablecoin issuance and expects to issue a proposal for an application process by the end of year.
Bitcoin’s price is now at a “pivotal juncture” as the fate of the market cycle depends on incoming macro signals and maintaining key technical price levels.
Crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee.
Bitcoin opened the week in the red as fears of a Bank of Japan rate hike triggered a yen carry trade unwind, potentially risking a drop in BTC price to $67,000.
Japan’s 10-year bond yields surged to 1.86%, the highest since 2008, threatening to unwind the yen carry trade that funneled trillions into risk assets.
Sony Bank is reportedly pursuing a US license and partnering with Bastion as it develops a 2026 dollar stablecoin connected to its growing Web3 unit, BlockBloom.
Uniswap founder Hayden Adams said X’s new feature showing the country that an account is based in was a form of “mandatory doxing.”
Exchange-traded fund inflows and crypto treasury demand were key to Bitcoin’s all-time high, but they’re now causing its decline, says NYDIG’s Greg Cipolaro.
Many blockchains are decentralized, but their frontends and storage still rely on Web2 — a weakness exposed when the Cloudflare outage knocked several platforms offline, EthStorage said.