Africa Turns to Stablecoins, IOTA to Unlock $70B in Cross-Border Trading

The African Continental Free Trade Area (AfCFTA) Secretariat and the IOTA Foundation have introduced a digital trade initiative that places stablecoin-based settlement at the center of efforts to overhaul how goods move across Africa. The Africa Digital Access and Public Infrastructure for Trade (ADAPT), formed in partnership with the Tony Blair Institute and World Economic…

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Singapore Exchange Derivatives Debuts Bitcoin (BTC), Ether (ETH) Perpetual Futures

Singapore Exchange’s (SGX) derivatives arm will soon let institutions trade one of the crypto market’s most popular instruments: perpetual futures. The SGX Derivatives announced on Monday the launch of bitcoin BTC$95,808.38 and ether ETH$3,207.96 perpetual futures, scheduled to go live on Nov. 24, with a promise to deliver the structure and trust of global derivatives…

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Tom Lee Says ETH Is Starting Bitcoin-Style ‘Supercycle’ That Produced 100X Gain

Tom Lee — executive chairman of BitMine Immersion Technologies (BMNR), head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital — said in a post on X that ether is “embarking on that same supercycle” that produced a 100x gain in bitcoin since his 2017 client recommendation. He noted bitcoin endured…

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Arca CIO Hits Back at Critics of Michael Saylor’s Bitcoin Playbook

Strategy’s leveraged bitcoin approach came under fresh scrutiny Sunday as critics questioned whether Michael Saylor’s firm can withstand prolonged market stress. Among the most vocal was longtime Bitcoin detractor Peter Schiff, who chairs Schiff Gold and serves as chief global strategist at Euro Pacific Asset Management. In a series of posts on X, Schiff argued…

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DOJ Had Enough Evidence to Convict Roman Storm, Prosecutors Say

Tornado Cash developer Roman Storm’s trial followed the law and the judge overseeing his case should not consider acquitting him of all charges, federal prosecutors said. In a post-trial filing dated last Wednesday, attorneys with the Department of Justice’s Southern District of New York office pushed back against Storm’s motion for acquittal, saying they had…

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