American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or...Read More
Cantor Fitzgerald announced that it will open a Bitcoin financing business. The business will provide leverage to investors who hold Bitcoin and will launch with $2 billion in initial financing. Bitcoin Financing Business At the Bitcoin Conference 2024, Cantor Fitzgerald CEO and Chairman Howard Lutnick said on stage, “We will build the best platform for...Read More
The debut of spot Ethereum ETFs in the United States resulted in some of the highest inflows since December 2020 over the last week. According to CoinShares, the newly launched funds attracted $2.2 billion last week. Since then, the trading volume of Ethereum ETPs has also surged by 542%. However, the inflows have been hampered...Read More
One of the world’s largest issuers of crypto exchange traded funds (ETPs), 21Shares, has integrated Chainlink’s Proof of Reserve (PoR) on Ethereum to make their Core Ethereum ETF (CETH) transparent. This step will enhance investors’ trust in the firm. 21Shares integrating Chainlink In a press release, 21Shares US LLC, shared the information about this integration....Read More
On-chain analysts just caught the U.S. government moving around $2 billion worth of its massive BTC holdings, sparking market panic that it might be preparing for another sale. Meanwhile, Bitcoin’s price has steadily declined throughout the day, tapping $70,000 at 13:15pm UTC before crashing to $66,900 by 17:26 UTC. At 16:18 UTC, data from Arkham...Read More
Bitcoin neared its all-time high earlier today before it was rejected there. There are several factors at play that have supported the price surge of the flagship crypto asset. For one, bitcoin surpassed the average realized price for short-term investors after soaring well past $63,500, indicating renewed market strength. According to the latest findings by...Read More
[PRESS RELEASE – Tokyo, Japan, July 29th, 2024] DOP, the Data Ownership Protocol has announced its upcoming deployment on Polygon PoS. This move aims to enhance interoperability and efficiency, giving users greater control over their personal information on the Polygon network through selective transparency. “The integration of DOP into the Polygon ecosystem underscores the need...Read More
Tron founder Justin Sun has urged China to reconsider its stance on cryptocurrency and embrace friendly policies. Sun’s call to action comes in the wake of former President Donald Trump’s speech at the Bitcoin 2024 event, where the former President pledged to prevent China from dominating the global digital asset industry. Sun Sees US-China Crypto...Read More
[PRESS RELEASE – George Town, Cayman Islands, July 29th, 2024] SimpleSwap has recently launched an innovative Invite System – a feature, which aims to reward loyal users while attracting new ones, creating a mutually beneficial ecosystem for all participants. Here are the key details of how this system operates and its potential impact. How the...Read More
The value of Ether (ETH) has been on the rise lately, and so has Ethereum’s open interest. While this signals bullish sentiment from traders, it also indicates impending volatility and calls for caution in the market. According to CryptoQuant analyst Burak Kesmeci, Ethereum’s open interest data has increased by almost $1.5 billion in the past...Read More
Hong Kong Legislative Council Member Johnny Ng said that the city-state should follow suit if the United States decides to implement a Bitcoin strategic reserve. The concept is now likely being discussed across the globe following remarks by two of three US presidential candidates over the weekend. “Regarding Bitcoin becoming an official financial reserve for...Read More
[PRESS RELEASE – LONDON, ENGLAND, July 29th, 2024] In a groundbreaking achievement, Cryptonica has proudly installed its 6,000th Crypto ATM, marking a significant milestone in the global accessibility of cryptocurrencies. This historic event underscores Cryptonica’s unwavering commitment to making digital currencies easily accessible to people worldwide. On July 6, 2024, new ATMs were unveiled in...Read More
Crypto markets have remained relatively stable over the weekend, with total capitalization holding just above $2.5 trillion. Moreover, Friday’s inflation numbers helped markets regain a little ground at the end of last week, with Core PCE coming in line with expectations after a small increase. Digital assets, especially Bitcoin, were also buoyed by Donald Trump’s...Read More
The proposal came during a speech by the Republican representative for Wyoming at the Bitcoin 2024 Conference in Nashville on July 27. “We can create a brighter future for generations of Americans by diversifying into Bitcoin and being the first developed nation to create a strategic reserve,” she said. US Bitcoin Reserve The pro-crypto politician...Read More
