Galaxy unveils encrypted credit line service | Without a bank GalaxyOne’s new credit line allows retail users to borrow money from crypto majors. Today, Galaxy revealed a revolving line of credit on its GalaxyOne retail app, allowing eligible US customers to borrow money against BTC, ETH and stake SOL for liquidity without selling. Now online: … Read more
Bitcoin (BTC) is up about 26% from its mid-August low after a short-term liquidation event accelerated the rebound. Glassnode said the August 19 move resulted in the largest single-day liquidation event since 2019. Short positions accounted for for most liquidations in major centralized exchanges. The actual total was likely higher because the dataset excludes Hyperliquide. … Read more
Roman Storm retrial postponed to April 2027 | Without a bank Roman Storm’s retrial postponed until April 2027 as a judge considers overturning his conviction and questions grow over Chainalysis’ role. Roman Storm, developer of Tornado CashThe retrial on the two counts on which the jury deadlocked last year has been postponed until April 26, … Read more
Zcash has been one of the best performing assets this year. She managed to attract significant institutional capital. This week, asset manager Grayscale Investments launched the first exchange-traded fund that tracks the ZEC spot price. But interest in the privacy-focused token peaked shortly before its price hit a recent high. The Zcash crowd showed up … Read more
Ethena Adds Stocks to Base Trade, Closes HIP-3 Market | Without a bank Ethena expands USDe to equity investors as it overhauls ENA tokenomics and seeks to reignite ecosystem growth. Ethena expands USDe yield engine beyond crypto while overhauling ENA tokenomics as momentum returns to the ecosystem. What’s the scoop? From HyENA to actions: Ethena … Read more
Ripple’s cross-border token has seen one of the most impressive rallies over the past 10-12 days, rising from just under $1.00 to a multi-month high of $1.70. However, this major rally has been halted and momentum has faded, with the asset currently struggling to hold at $1.40, representing a 20% pullback from last Saturday’s high. … Read more