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Ether set for $3.2K breakout, Coinbase exec urges SEC reform: Finance Redefined
8.11.2024
Trump’s presidential victory inspired a new wave of optimism, including predictions for an imminent Ether rally to $3,200 and hopes for a reform of the US SEC
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
8.11.2024
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem
Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows
8.11.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far. According to data from Sosovalue, 8 of the 12 listed...
DeFi needs regulation to drive adoption — Web3 exec
8.11.2024
Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.
Whales drive NFT comeback on BNB Chain in Q3: Messari
8.11.2024
NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.
Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture
8.11.2024
The company's shares fell after reporting third quarter sales that missed estimates by 4%
Mastercard’s Pay Local Launches, Connecting 2 Billion Users to 35 Million Merchants
7.11.2024
Mastercard’s Pay Local is set to transform digital payments globally, connecting 2 billion users with 35 million merchants. Mastercard Pay Local Unlocks Global Reach: 2 Billion Users, 35 Million Merchants Payment giant Mastercard announced on Monday the launch of Pay Local, a global service...
Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge
7.11.2024
Institutions are betting big on RWAs and expecting large returns
7.11.2024
Institutions are fueling RWA tokenization growth, but challenges remain for this emerging sector
JPMorgan Set to Launch Instant Settlement for Euro-Dollar Conversions
7.11.2024
The bank’s token, JPM Coin, which already processes $2 billion in transactions every day, will be used for the settlement processes. JPMorgan Leveraging Blockchain for Cross-Border Settlement JPMorgan, the largest bank in the U.S. has set out plans to provide quick settlement for currency...
Michael Novogratz's Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
7.11.2024
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers
Trump Family-Backed Crypto Project Makes $1M Gain in ETH Following Tame Token Sale
7.11.2024
World Liberty Financial, the decentralized finance (DeFi) project backed by the family of U.S. presidential elect Donald Trump, has made $1 million in unrealized gains following a muted token sale last month
Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency Strategy
7.11.2024
Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s...
Curve Finance scam app resurfaces amid fake crypto app surge
7.11.2024
Despite repeated takedowns, the fake Curve Finance app has returned to Apple’s App Store, with reports of user losses intensifying
US Spot Bitcoin ETFs Rake in a Staggering $621.9M in Inflows in a Single Day
7.11.2024
Data from Wednesday’s trading session reveals that U.S. spot bitcoin exchange-traded funds (ETFs) attracted a notable $621.9 million in positive inflows. Crypto ETFs Soar With Positive Inflows Both U.S. spot bitcoin and ether ETFs recorded gains in Wednesday’s session. According to sosovalue.xyz...
How Trump Could Change Crypto
6.11.2024
Analysts expect a broad market rally and changes in SEC leadership. Trump’s crypto policies include a bitcoin strategic reserve, banning a central bank digital currency and freeing Ross Ulbricht
JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR
6.11.2024
The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception
Bitcoin ETFs Lose $116.9M as Ether Funds Stay Neutral in Pre-Election Trade
6.11.2024
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday’s trading. Mixed Results for Crypto...
The Future of Stablecoins: Highlights from Ripple Swell 2024
6.11.2024
At the Ripple Swell 2024 conference, industry leaders convened to discuss the transformative potential of stablecoins in reshaping…
Semler Scientific Acquires More Bitcoin, Despite Mixed Q3 Financial Results
6.11.2024
Semler Scientific increased its bitcoin (BTC) holdings with the purchase of an additional 47 bitcoins for an aggregate amount of $3 million. This brought its total bitcoin holdings to 1,058 bitcoins for a total purchase amount of $71 million. Semler Scientific Expands Bitcoin Holdings Amid a Rise...