High Levels of FOMO Hint at Bitcoin Rally Halt After BTC’s Surge Above $64K – AabeyLLC Crypto

Sky, the decentralized finance (DeFi) platform previously known as Maker, has proposed removing Wrapped Bitcoin (WBTC) as collateral due to concerns over WBTC’s connection to Justin Sun. As announced on September 12, the team plans to “offboard WBTC collateral exposure from the Sky Ecosystem, including Legacy Vault Types and SparkLend.” The proposal, which was introduced by BA-Labs, indicates…

On-chain data shows a notable shift in XRP supply dynamics, with large amounts of the asset moving off exchanges while inflows into ETFs continue to grow. Recent data from CryptoQuant indicates that XRP withdrawal transactions from Binance have surged sharply in recent weeks. The surge coincided with strong capital inflows into spot XRP exchange-traded funds….

What happened Recently, an Australian Federal Court issued a judgment in a lawsuit filed by ASIC against Kraken concerning the availability of our Margin Extension product to Australian retail investors.  We adamantly believe that our clients deserve access to innovative crypto products. We supported the Court’s effort to seek clarification around our Margin Extension product,…