A group of three super PACs backed by major cryptocurrency executives and investors has raised $78 million to influence the 2024 elections and support crypto-friendly candidates. A super PAC is a political action committee that pools campaign contributions from members and donates them to campaigns for or against candidates or legislation. Crypto has caused deep...Read More
Financial technology company Revolut is reportedly planning to halt cryptocurrency purchases for its business clients in the United Kingdom. As stated by Revolut, the suspension will enable the company to make necessary adjustments in response to the new rules on crypto promotion by the UK’s Financial Conduct Authority (FCA), which will take effect in January...Read More
Zcash, a privacy coin built on Bitcoin tech and one of the more popular privacy-focused cryptocurrencies, will be welcoming Josh Swihart as the new CEO of its developer, the Electric Coin Company (ECC). Stepping Down For Self-Care In an article posted on Zooko’s personal Medium – which is separate from the one usually used to...Read More
BlackRock has re-updated its Bitcoin (BTC) spot ETF filing with changes making key concessions to federal regulators on how shares in its fund will track the price of Bitcoin. Submitted on Monday, the asset manager’s latest S-1 form reveals that new shares in the trust can only be created using cash – a model experts...Read More
HashKey Capital Singapore has received a Capital Markets Services (CMS) license, making it a licensed fund management company (LFMC) in Singapore. This enables HashKey to provide regulated fund management services for blockchain assets, primarily for capital markets products, from its Singapore headquarters. The CMS license follows the successful closure of HashKey’s third fund, which raised...Read More
[PRESS RELEASE – London, United Kingdom, December 19th, 2023] Alkimi, the world’s first decentralised ad exchange, has exited beta and now has advertisers and publishers buying and selling inventory through its blockchain-based programmatic platform. The launch of a custom consensus, distributed ledger and node platform marks a new era for digital advertising. It makes it...Read More
The price of Bitcoin experienced a decline following an impressive surge to $45,000 earlier this month. During the market lull, Bitcoin’s loyal supporters continued to stack up tokens that may have aided in a mild recovery leading to the price stabilizing above $42,500. According to the data compiled by Intotheblock, large Bitcoin holders accumulated approximately...Read More
Solana-based popular dog-themed memecoin – BONK – has rallied by more than 537% over the past month. One of the main factors that boosted a remarkable 40% surge last week was its listing on Coinbase, which subsequently pushed its YTD increase to 850%. BONK originated last year amid the decline of sentiment surrounding the Solana...Read More
The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve applications from several asset management firms for Ethereum exchange-traded funds (ETFs) till May 2024. According to several filings, the securities regulator has issued delay orders for Ethereum ETF applications from Ark Invest/21Shares, VanEck, and Hashdex. SEC Extends Deadline For...Read More
7RCC Global, an asset management firm focused on environmental, social, and governance (ESG) investing, has joined the race for a Bitcoin spot exchange-traded fund (ETF) in the United States. According to a Form S-1 filing with the U.S. Securities and Exchange Commission (SEC), the 7RCC Spot Bitcoin and Carbon Credit Futures ETF will provide ESG...Read More
[PRESS RELEASE – Singapore, Singapore, December 19th, 2023] RepubliK, a leading SocialFi platform, is excited to announce its landmark partnership with The Open Network (TON), signaling a major stride in its mission to bridge the Web2 and Web3 worlds. This strategic alliance, set to begin in Q2 2024, is poised to revolutionize the user experience...Read More
[PRESS RELEASE – London, England, December 19th, 2023] Investors often get mired in the complex strategies of dishonest companies in the fast-paced and dynamic world of financial markets. Many people are in desperate need of funds recovery services as a result of the increase in CFD trading, Binary Options, and Forex scams. As a ray...Read More
Major crypto exchange Binance will pay $2.7 billion in disgorgement and penalty to the Commodity Futures Trading Commission (CFTC), thereby concluding the regulator’s enforcement action against the company. Binance founder and former CEO Changpeng Zhao (CZ) will also pay $150 million to the regulatory watchdog. CFTC’s Case Against Binance Comes to an End In a...Read More
The crypto industry continues to display volatile trends as the market constantly faces significant price fluctuations in its value. Further, the BNB coin price displayed a notable uptrend in its value for the first time after a week, indicating a possibility of an increasing bullish sentiment in the crypto space. The Binance coin price traded...Read More
[PRESS RELEASE – Redmond, Washington, United States, December 18th, 2023] Metagood, a blockchain technology and digital assets company, announced the successful completion of a $5 million series seed funding round aimed at advancing its Osura marketplace, focused on art within the Bitcoin ecosystem. “Osura is embarking on a groundbreaking collaboration with artists to immortalize their creations on Bitcoin,...Read More
Last week, bitcoin (BTC) rallied past $44,000 but hit a significant resistance level at almost $45,000 and came tumbling down. According to a report by an analyst at market analytics platform CryptoQuant, profit-taking by a certain investor cohort may have caused BTC’s price to retrace. BTC’s Short-term Retracement CryptoQuant’s analyst Yonsei discovered through an analysis...Read More
In a notable shift within the crypto landscape, a recent report from Matrixport, a prominent financial services firm, has provided valuable insights into the performance of publicly listed digital asset companies. The report has revealed that these entities have outperformed Bitcoin in terms of year-to-date returns. Bitcoin Soars 150% as Crypto Firms Surge by 266%...Read More
