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   Business News    Financial News   Financial News

  Posted by u/ 6 months ago

BlackRock Tokenized Asset Fund Launched With $100 Million USDC Funding

BlackRock tokenized asset fund creation mirrors rising interest in tokenizing real assets via blockchain.

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  Posted by u/ 6 months ago

Spot Ethereum ETF Now Unlikely To Get SEC Approval In May

Bloomberg analysts foresee low odds of spot Ethereum ETF approval in May, citing regulatory hurdles and limited issuer collaboration.

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  Posted by u/ 6 months ago

SBF Denies 50-Year Prison Proposal, Calls Sentence Excessive

FTX's SBF denies 50-year prison sentence proposal for his alleged crimes involving over $10 billion loss. His defense calls the proposal "disturbing".

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  Posted by u/ 6 months ago

SEC Delays Ethereum Spot ETFs: Hashdex & Ark 21Shares Wait (2024)

The SEC Delays Ethereum spot ETFs to May 2024. Analysts expect the ETFs to be denied, citing the SEC's lack of engagement on Ethereum specifics.

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  Posted by u/ 6 months ago

Who Benefits From the $100M Web3 Gaming Fund? Investors & Developers

Immutable, Polygon Labs, and King River Capital are raising a $100M web3 gaming fund, Inevitable Games Fund (IGF). The fund will invest in early-stage web3 gaming startups.

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  Posted by u/ 6 months ago

Bitget Wallet Launches Ecosystem Token BWB with an Airdrop Points Program

Victoria, Seychelles, March 18th, 2024, Chainwire Bitget Wallet, the leading Web3 wallet in Asia, proudly announced the launch of its official ecosystem token, BWB, along with an innovative BWB Points airdrop event. This marks a significant milestone in the platform’s commitment to enhancing user engagement and fostering a vibrant community ecosystem. Introduction of the BWB […]

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  Posted by u/ 6 months ago

Digital assets see new record of $2.9 billion weekly inflows

Digital assets saw a new weekly record as inflows hit $2.9 billion last week. Bitcoin recorded inflows of $2.86 billion, while Ethereum, Solana and Polygong saw minor outflows. CoinShares shared the details in its Digital Asset Fund Flows report published on Monday, March 18. The crypto investment space saw a record $2.9 billion in inflows […]

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  Posted by u/ 6 months ago

Zodia Custody secures TCSP license in Hong Kong

Zodia Custody (HK) has received the Trust or Company Service Provider (TCSP) license. The Standard Chartered-backed digital assets custody platform will offer regulated services to institutional clients. Zodia Custody (HK), a crypto custody solutions provider, has received the Trust or Company Service Provider (TCSP) license. The license allows the Standard Chartered-backed digital assets custody provider […]

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  Posted by u/ 6 months ago

Ether.Fi (ETHFI) token dumps after trading debut

ETHFI, the governance token of liquid restaking protocol Ether.Fi, fell nearly 30% after its market debut. Ether.Fi’s token listed on major exchanges like Binance and OKX. The price of ETHFI, the governance token of liquid restaking protocol Ether.Fi, has declined 30% just hours after its market debut. ETHFI listed on major exchanges, including Binance and […]

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  Posted by u/ 6 months ago

New Meme Coin Dogecoin20 Hits $2M Raised in 3 Days

London, United Kingdom, March 18th, 2024, Chainwire As the recent bull run pushed the crypto sector to new heights, the meme coins ecosystem has seen considerable trading volume. Emerging token project, Dogecoin20 (DOGE20) is pushing forward as their presale just reached the milestone of $2 million raised in 3 days. Dogecoin20 is currently available for […]

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  Posted by u/ 6 months ago

Shiba Inu and NuggetRush continue to gain Traction as Chainlink whales dump tokens

Shiba Inu’s price has increased 252.6% in the past month. Chainlink whales have dumped over 2 million LINK in the past month. The NuggetRush price has increased 90% since the start of its crypto ICO. The crypto market is witnessing a massive shake-up as altcoins react to market sentiments. Shiba Inu has seen a massive […]

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  Posted by u/ 6 months ago

DeFi?s TVL reaches $100B with Bitcoin boost, high expectations for Cardano?s AI competitor

It’s just three months into 2024 and it’s still raining records in the crypto sector. The latest one came on March 9, 2024, after the global value of DeFi protocols crossed $100 billion as the rising demand for Bitcoin (BTC) fueled interest in top cryptos to invest in.  Bitcoin has been growing impressively since the […]

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  Posted by u/ 6 months ago

Rebel Satoshi?s second token ($RECQ) takes market by storm while ApeCoin And GALA soar

ApeCoin’s (APE) surge is indicative of the current market bullishness. Gala’s ongoing hackathon has increased development activity on its network. RebelSatoshi’s new two-token system has taken the market by storm. The current market rally could improve ApeCoin’s (APE) performance in Q2 2024. Gala has also grown by 100% since early February. Still, analysts are turning to […]

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  Posted by u/ 6 months ago

Former Binance CEO Changpeng Zhao teases a new project

Former Binance CEO Changpeng Zhao teases educational project. Zhao has emphasized there will be no new tokens. The new project follows Zhao’s resignation amid legal challenges. Former Binance CEO Changpeng Zhao has sparked intrigue within the cryptocurrency community with a cryptic announcement regarding an upcoming educational project. Despite stepping down from his role at Binance, […]

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  Posted by u/ 6 months ago

Bitcoin Back Above $67K as Meme Coins Push up SOL and AVAX

Meme coins soared past $55 billion in market cap, up 11% as traders doubled down on SHIB, WIF, BONK, and newcomer CORGIAI.

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  Posted by u/ 6 months ago

Indonesia?s Crypto Market Booms as Transactions Hit $1.92B in February

The country's registered crypto investors also surged to 19 million users last month.

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  Posted by u/ 6 months ago

SOL, BOME Trend on Social Media as Ether, Bitcoin Lag

Increased crowd chatter may be a sign of an impending retail investor frenzy.

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  Posted by u/ 6 months ago

SOL Crosses $200 as Meme Coin Frenzy Bumps Demand for Solana Network

Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace.

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  Posted by u/ 6 months ago

Reddit Community Token MOON Hits Record High Ahead of Celer's Multidirectional Bridge Launch

From March 20, interoperability protocol Celer will allow MOON holders to move coins to Arbitrum One.

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  Posted by u/ 6 months ago

Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees

The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.

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  Posted by u/ 6 months ago

Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K

The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.

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  Posted by u/ 6 months ago

Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End

Binance's fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg.

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  Posted by u/ 6 months ago

Ether.Fi's Token Falls 20% After Debut

Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round.

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  Posted by u/ 6 months ago

Lure of Quick Money Sees $100M Flow to Solana Meme Coin 'Presales'

Some onchain watchers estimate that over $100 million worth of tokens were sent to various meme coin presales over the weekend.

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  Posted by u/ 6 months ago

Influential Trader GCR Buys Original Dogwifhat Meme for $4M; WIF Rises

WIF pieces have surged in the past hour as X users found out the trader user now holds the original image.

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  Posted by u/ 6 months ago

Nearly $100M Wagered on U.S. Presidential Election on Polymarket

Blockchain bettors see a clear path to victory for Trump, and are bullish on ether hitting an all-time high in 2024 ? but SOL might get there first, thanks to "memecoin March."

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  Posted by u/ 6 months ago

Machankura 2.0: Turning Feature Phones Into Bitcoin Hardware Wallets

When Kgothatso Ngako launched Machankura two years ago, he enabled Africans to transact bitcoin via feature phones for the first time. Now, he?s on the verge of helping Africans self custody their bitcoin, as well.

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  Posted by u/ 6 months ago

Solana Meme Slerf Notches $1.7B in Volume After Developer Loses All Presale Funds

Some called the move a marketing trick, as news of the burn went viral on X.

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  Posted by u/ 6 months ago

Where Is Nayib Bukele Actually Storing El Salvador's Bitcoin?

Last week, the sats stacking president of the "Land of Many Volcanoes" announced he was moving the country's thousands of BTC into a bitcoin "piggy bank."

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  Posted by u/ 6 months ago

Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research

Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote.

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  Posted by u/ 6 months ago

Bitcoin ETFs' Hot Start Seems Largely Driven by Retail Investors

Data shows that the average trade size for the biggest spot bitcoin ETF suggests that demand is largely coming from retail investors.

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  Posted by u/ 6 months ago

Bitcoin L2s Are Poised to Break Out, Stacks Creator Muneeb Ali Says

?Bitcoin is not going to change much,? says Ali. ?Layer 2s are innovative and open to making rapid changes. After a while, it becomes part of their culture.?

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  Posted by u/ 6 months ago

Fidelity?s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024

Fidelity?s Wise Origin Bitcoin Fund (FBTC) is the fifth most popular exchange-traded fund (ETF) on the market right now, attracting more than $6.9 billion since its introduction on Jan. 12, according to data from Bloomberg Intelligence.

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  Posted by u/ 6 months ago

FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller?s Remorse'

London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.

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  Posted by u/ 6 months ago

Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users

The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions.

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  Posted by u/ 6 months ago

Is Toxic Bitcoin Maximalism Getting Less Toxic?

As BTC gets Wall Street approval and developers build new applications on the network, Bitcoiners are ditching some of their previous siege mentality.

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  Posted by u/ 6 months ago

Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

The current CEO Michael will step down ?to pursue other opportunities.?

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  Posted by u/ 6 months ago

Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).

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  Posted by u/ 6 months ago

SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules

A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order.

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  Posted by u/ 6 months ago

BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever

Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling

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  Posted by u/ 6 months ago

Bitcoin Flash Crashed to $8.9K on BitMEX

Large sell orders worth $55.49 million drove bitcoin?s price down to $8,900 on BitMEX. The overnight crash was short-lived.

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  Posted by u/ 6 months ago

FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing

The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried's sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect FTX's bankruptcy had on their lives.

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  Posted by u/ 6 months ago

Nigerian Court Orders Binance to Relinquish Data of All Nigerians Trading on its Platform: Report

A Nigerian court has ordered Binance to provide Nigeria's Economic and Financial Crimes Commission (EFCC) with comprehensive information on all persons from the nation trading on its platform.

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  Posted by u/ 6 months ago

Whopping Plummet: Address Dumps $1.48M in Meme Tokens Within Hours!

On-chain analyst @ai_9684xtpa has revealed concerning findings meme token regarding the address 2Znc4...pW6Cf, shedding light on its tumultuous journey within the cryptocurrency market.

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  Posted by u/ 6 months ago

OKX Founder Explains Strategy Of Skipping Solana Memecoin Frenzy

OKX founder explains their independent token listing process, while ex-Binance CEO, Zhao, emphasizes user demand in listing decisions.

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  Posted by u/ 6 months ago

Top Analyst Predict Floki (FLOKI) & Shiba Budz (BUDZ) To 100X This Summer, Floki Holders Split Bag To Join

Among the standout predictions, two names are generating considerable buzz: Floki (FLOKI) and Shiba Budz (BUDZ).

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  Posted by u/ 6 months ago

Dogecoin Investor Worth $100m Enters $888k Giveaway Just to Purchase Another New Ferrari

A case in point involves a Dogecoin (DOGE) investor, whose net worth exceeds $100 million, making headlines by entering an $888,000 giveaway.

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  Posted by u/ 6 months ago

Retail Investors Drive Demand: IBIT Spot Bitcoin ETF Trades At $13,000

BlackRock's iShares Bitcoin Trust (IBIT Spot Bitcoin ETF) attracts retail investors, with average trades around $13,000. It's gained over $14 billion in assets in two months.

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  Posted by u/ 6 months ago

Former Binance CEO Said A New Education Project Would Be Launched Soon

Former Binance CEO CZ teases an educational crypto project, but there are no new tokens.

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  Posted by u/ 6 months ago

Fidelity Spot Ethereum ETF Proposed To Enable ETH Staking As Deadline Approaches

The amended proposal allows the Fidelity spot Ethereum ETF to allocate a portion of its holdings for staking through designated providers, potentially including affiliates of Fidelity.

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