Day: 12 January 2025

Circle’s USDC Becomes First Stablecoin to Meet Canada’s New VRCA Standards

Vortex Cryptonews

Circle’s USD Coin (USDC) became the first stablecoin to meet Canada’s VRCA requirements, setting a benchmark for regulatory compliance. Circle preemptively met the December 31, 2024, deadline for stablecoin compliance, ensuring USDC avoids delisting in Canada. The regulatory milestone promises faster, more affordable cross-border transactions and enhanced trust through regulatory oversight in Canada’s financial system. Circle has made history as its flagship cryptocurrency, USD Coin , becomes the first stablecoin to meet the stringent Value-Referenced Crypto Asset (VRCA) requirements introduced by the Ontario Securities Commission (OSC) and Canadian Securities Administrators…

Bitcoin Options Traders Bet on $115K, Leverage Risk Looms

Vortex Cryptonews

BTC options traders eyed $110K and $115K by early 2025. Analysts cautioned that high leverage could expose BTC to more volatility near $100K. Despite the expected price volatility of around $100K, Bitcoin options traders have increased bets on $110K and $115K price targets by January 2025. According to the latest from the options exchange Deribit, most traders bought more call options (bullish bets) for a $115K price target by 31st January 2025. At press time, the largest options expiries by Open Interest (OI) were in December 2024 and March 2025.…

Binance Unveils Binance Alpha for Early-Stage Crypto Projects

Vortex Cryptonews

With the launch of Binance Alpha, the crypto exchange seeks to bring transparency in its token listing process. Tokens featured on Binance Alpha will be selected based on Binance’s industry expertise, focusing on projects that show strong community engagement. Binance Alpha offers users a chance to discover emerging projects, purchase tokens through the Quick Buy feature, and gain educational insights. In a major announcement, crypto exchange has introduced a new platform Binance Alpha aimed at highlighting early-stage crypto projects with significant growth potential within the Binance ecosystem. This new platform…