๐ฎ Bybit announced during a livestream that it will launch "MyBank" in February 2026, enabling users to obtain personal IBANs for payments and transfers after completing KYC. Regarding prediction markets, Ben stated that due to high compliance barriers, Bybit will not build its own platform but may explore third-party partnerships in the future. Additionally, Bybit has optimized its Mark Price mechanism and introduced a new insurance pool to reduce the frequency of Auto-Deleveraging (ADL) following the market volatility on October 11. #regulation link
๐ According to data shared by Blockworks researcher Shaunda Devens, Hyperliquid has achieved the deepest top-of-book liquidity in the crypto market. At ยฑ1bps from the mid-price, Hyperliquid displays $3.1 million in resting #BTC depth, surpassing Binance's $2.3 million. Additionally, its HIP-3 silver market shows $33,000 in depth at the tightest level, outperforming Binance's $24,000. link
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๐ JPMorgan Private Bank notes that while the Dollar Index (DXY) has fallen 10% over the past year, Bitcoin has dropped 13% during the same period, failing to rally as it historically has amidst dollar weakness. Analysts explained that the dollar's decline was primarily driven by short-term flows and sentiment rather than fundamental shifts in economic growth or monetary policy expectations. link
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๐ #SOL The number of Solana validators has decreased by 68% due to the increasing costs of maintaining nodes, leading to the departure of small operators. link
๐ฆ Bybit Eyes Neobank Features With IBAN Accounts Rollout Planned For February - link
๐ฎ Five years after the GameStop saga, Robinhood CEO wants tokenized stocks to trade onchain 24/7 - #rwa link
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๐บ๐ธโ ๏ธ Who Is J.P. Morgan? The Enforcer of Dollar Hegemony, a Temple of Finance, and Bitcoin's Staunch Opponent
At the heart of JPMorgan Chaseโs power lies its command over the global U.S. dollar clearing network. In the realm of cross-border payments and international settlements, the bank has become an irreplaceable hub. However, JPMorganโs standards for compliance and risk control are regarded as the โglobal gold standard,โ and its account onboarding process is notoriously rigorous. #regulation link
At the heart of JPMorgan Chaseโs power lies its command over the global U.S. dollar clearing network. In the realm of cross-border payments and international settlements, the bank has become an irreplaceable hub. However, JPMorganโs standards for compliance and risk control are regarded as the โglobal gold standard,โ and its account onboarding process is notoriously rigorous. #regulation link
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๐ดโโ ๏ธ #CERE Investors accuse Cere Network of a $100 million fraud.
Plaintiffs claim that insiders sold tokens worth millions of dollars immediately after Cere's ICO in 2021, leading to a collapse in the price of $CERE. link
Plaintiffs claim that insiders sold tokens worth millions of dollars immediately after Cere's ICO in 2021, leading to a collapse in the price of $CERE. link
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๐ฝ SEC Chair Paul Atkins says โthe time is right to allowโ crypto into 401(k) retirement accounts. #regulation
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๐ผ Escape Velocity Raises a $62 Million Fund to Bet on โDePinโ Crypto Networks for Telescopes, Solar Energy, and More: Fortune
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๐ฃ President Trump says Fed Chair Jerome Powell is a "moron."
"We should be paying lower interest rates than any country in the world." #macro
"We should be paying lower interest rates than any country in the world." #macro
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๐ฃ #WLFI ALT5 Sigma announced a plan to buy back $100 million worth of shares.
They also stated that they will continue to buy WLFI tokens and signed a $15 million credit agreement with World Liberty Financial. link
They also stated that they will continue to buy WLFI tokens and signed a $15 million credit agreement with World Liberty Financial. link
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๐ USA - Initial Jobless Claims = 209k (exp 206k / prev 200k)
USA - Continuing Jobless Claims = 1.827M (exp 1.860M / prev 1.849M)
USA - Continuing Jobless Claims = 1.827M (exp 1.860M / prev 1.849M)
๐บ๐ธ๐ USA - trade balance (Nov) = -$56.8 billion
(expected -$43.4 billion / previously -$29.4 billion)
(expected -$43.4 billion / previously -$29.4 billion)
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๐ Robinhood invests in the cryptocurrency trading platform Talos, which is now valued at $1.5 billion. link