Vaibhavv Ali
In an impressive turn of events, Crypto.com has reported a staggering monthly spot trading volume of $139 billion for October, more than doubling the $57 billion recorded by Coinbase, as reported by The Block on October 30. This surge positions Crypto.com as a leading player in the cryptocurrency exchange market. Dominance of Bitcoin and Ethereum … Read more
Robinhood has witnessed a remarkable 47% rise in equity options contracts traded, signaling increasing interest from retail investors. This surge in trading activity has significantly contributed to the company’s transaction-based revenue, which soared by 72% to reach $319 million. Expanding Product Offerings To further capitalize on this momentum, Robinhood is expanding its suite of trading … Read more
Wellington has announced a strategic partnership to launch its own tokenized U.S. Treasury Fund, dubbed the Delta Wellington Ultra Short Treasury On-Chain Fund. This initiative aims to enhance investment opportunities and flexibility for investors through the power of blockchain technology. The tokenization project is led by Libeara, a firm supported by Standard Chartered’s venture arm, … Read more
As the US Presidential Election draws nearer, Bitcoin’s dominance in the cryptocurrency market is surging, raising concerns for an impending altcoin season. Currently, Bitcoin’s dominance (BTC.D) has reached its highest level since 2021, sitting at 59.77, the highest since April 2021. This shift comes alongside significant capital inflows into Bitcoin ETFs and a lackluster performance … Read more
Ethereum (ETH) has seen a notable price increase of over 7% in the past week, signaling a bullish sentiment among many investors. However, whale activity remains cautious, reflecting uncertainty among large holders of the cryptocurrency. Technical Indicators Favor Bulls Technical analysis shows that EMA lines are indicating a bullish setup, which suggests that momentum could … Read more
Venus Protocol, a prominent DeFi lending protocol operating on BNB Chain and ZKsync, has announced the integration of SolvBTC into its core pools. This strategic move marks a significant expansion of Bitcoin-powered finance (BTCFi) capabilities within the Venus ecosystem. SolvBTC serves as a token representation of Bitcoin, supported by Solv Protocol’s robust Bitcoin reserves, which … Read more
BARCELONA, SPAIN – June 17, 2024 – The European Blockchain Convention (EBC) announces its landmark 10th edition, scheduled to take place on September 25th and 26th, 2024, in the vibrant city of Barcelona, Spain. This two-day event promises to be one of the most influential gatherings in Europe, bringing together visionaries, industry leaders, policymakers, developers, and CEOs of … Read more
Recent strong upward momentum for Dogecoin (DOGE) has reignited discussions about whether this popular meme-inspired cryptocurrency could ever hit the elusive $1 mark. Following a significant price spike that saw DOGE increase by 24% in just a few days, the asset’s strong uptrend has caught the attention of both investors and analysts alike. The Path … Read more
The Nillion network has successfully raised $25 million in a funding round aimed at bolstering its innovative decentralized privacy platform, which features an optional blockchain component. This marks the network’s second fundraising round this year, following an earlier round in February, and brings Nillion’s total fundraising to over $50 million. The October 30 funding round … Read more
On October 30, Evgeny Grabchak, Russia’s Deputy Energy Minister, announced that the country will soon impose restrictions on cryptocurrency mining in regions facing critical electricity shortages. Grabchak indicated that mining, often viewed as a precursor to digitalization, may be banned at the state level in specific areas due to the pressing energy crisis. During a … Read more