83 / 322 Relevant items tagged with #CRYPTO
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Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
[Jul 3 5:53 AM] The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.
Toncoin Price Inches Closer To All-Time High – Will TON Hit $8 This Week?
[Jul 3 5:00 AM] Toncoin (TON), with its history of wild price fluctuations, perfectly embodies the volatility that thrives in the cryptocurrency market. Prices often experience dramatic swings that can make even the most seasoned investors dizzy. However, recent…
Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners
[Jul 3 3:02 AM] The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon?
[Jul 3 2:30 AM] Lido DAO (LDO), the innovative liquid staking solution on the Ethereum network, has been on a wild ride lately. After a stellar run, the past week saw LDO plummet 24%, mirroring the broader cryptocurrency market’s turbulence. However, amidst…
Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US
[Jul 3 12:17 AM] Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel…
Bahamas to Mandate Banks to Distribute Central Bank Digital Currency
[Jul 2 10:29 PM] The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle…
Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin
[Jul 2 9:39 PM] Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called…
Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe
[Jul 2 7:33 PM] Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users to access 10 leading crypto…
SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions
[Jul 2 6:36 PM] The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate Capital Corp., the holding company for Silvergate…
XRP Price Attempts Bullish Decoupling Amid Major Developments
[Jul 2 6:30 PM] The XRP price continues to remain suppressed under the heat of the Ripple vs. the United States Securities and Exchange Commission (SEC) legal battle. This suppressed price action has continued to discourage investors when its comes to the altcoin…
Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August
[Jul 2 5:16 PM] Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining…
Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak
[Jul 2 3:30 PM] Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the…
DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service
Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
[Jul 2 2:40 PM] The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to…
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
[Jul 2 1:35 PM] Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a…
Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning
[Jul 2 11:32 AM] Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the opportunity for cryptocurrency in Bolivia after the central bank unbanned it from…
Matrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means
[Jul 2 11:00 AM] In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the…
Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment
[Jul 2 10:34 AM] Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago…
Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
[Jul 2 9:38 AM] On Tuesday the cross-examination of the first witness from Nigeria's Securities and Exchange Commission was completed.
Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services
[Jul 2 9:34 AM] Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins…
36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market
[Jul 2 9:30 AM] The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend…
Crypto Exchange Kraken Is Considering Going Nuclear
[Jul 2 9:27 AM] Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.
US Spot Bitcoin ETFs Record $129 Million Inflow, Fidelity Leads
[Jul 2 6:32 AM] U.S. spot bitcoin exchange-traded funds (ETFs) saw the largest net inflow since June 7, 2024, accumulating $129.45 million. Fidelity’s FBTC led the inflow on Monday with $65.03 million. Fifth Consecutive Day of Inflows for U.S. Bitcoin ETFs…
Ethereum Suffers 3rd Straight Weekly Outflows, Becomes 2024’s Worst Performer
[Jul 2 3:45 AM] The digital asset market is experiencing a wave of investor caution, with Ethereum leading the charge. CoinShares reports show a third consecutive week of outflows, with Ether sustaining the biggest damage. This negative sentiment in the top…
Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini
[Jul 2 3:05 AM] Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
[Jul 2 2:02 AM] Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating…
Crypto ‘relief rally’ may be just beginning with sellers exhausted
[Jul 1 11:57 PM] The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure.
Dogwifhat (WIF) Jumps 21% As Analysts See $4.5 Price Tag
[Jul 1 11:25 PM] The knitted-hat-wearing canine of the crypto world, Dogwifhat (WIF), is back in the spotlight. After a price slump in April, WIF has rekindled its meme magic, surging 21% in the past week and reigniting dreams of a $5 price target. Wags And Trades…
Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level
[Jul 1 10:30 PM] Bitcoin has been in a notable state of flux recently after recovering from the crash below $60,000 and establishing support above $61,000. However, with the pioneer cryptocurrency failing to completely beat important resistance points such as…