As the U.S. positions itself to become a global crypto hub, China may face increasing pressure to rethink its stance on digital assets. While China has long maintained a strict ban on cryptocurrency trading and mining, market experts, including Xiao Feng, CEO and Chairman of Hong Kong-based HashKey crypto exchange, believe that the country may … Read more
MoonPay, a leading crypto payment gateway, is making strides in advancing user autonomy in the crypto space by expanding its services to integrate with non-custodial wallets. Initially launched in the UK and 27 other European countries (excluding Germany), MoonPay’s latest offering emphasizes the growing trend of self-custody in cryptocurrency, allowing users to maintain full control … Read more
The Cardano Foundation, the nonprofit organization supporting the Cardano blockchain ecosystem, recently released its Financial Insights Report for 2023, revealing that as of December 31, 2023, it held a substantial $478.24 million in assets. A majority of the foundation’s assets—82.5%—are held in ADA, with 10.1% in Bitcoin (BTC), and the remaining funds in cash and cash … Read more
Ethereum (ETH) has been on an impressive rally, gaining over 20% in the past week. This surge has been driven by several factors, including significant outflows of ETH from exchanges, increased whale accumulation, and growing bullish sentiment across the market. Despite minor recent corrections, ETH is at a crucial juncture, testing key support and resistance … Read more
Robinhood, the popular U.S. brokerage platform, has announced the expansion of its cryptocurrency offerings, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its trading lineup. This move increases Robinhood’s total crypto asset offerings to 19, providing U.S. investors with more opportunities to diversify their portfolios within the cryptocurrency space. Solana and Cardano Return … Read more
In the rapidly evolving world of digital assets, merger and acquisition activity is heating up as firms look to scale operations, diversify offerings, and secure their positions in an increasingly competitive market. On November 13, two pominent cryptocurrency investment firms, Arca and BlockTower Capital, announced they are merging to create a unified platform aimed at … Read more
Bitcoin has experienced a notable surge in both trading volume and public interest, signaling a potential shift in market dynamics. Retail investors have been making solid returns as the cryptocurrency market shows signs of renewed momentum. This uptick in activity is accompanied by a sharp rise in Bitcoin-related search interest and significant inflows into Bitcoin-based … Read more
Ethereum, the world’s leading blockchain platform, continues to evolve as a robust foundation for decentralized applications (dApps) and a global on-chain ecosystem. In a recent address, Ethereum co-founder Vitalik Buterin outlined the platform’s journey, emphasizing key milestones and future directions. His speech underscored Ethereum’s commitment to decentralization, scalability, and inclusivity, framing the network as a … Read more
Revolut, the London-based fintech giant, is significantly expanding its footprint in the cryptocurrency space with the launch of its standalone crypto exchange, Revolut X, in 30 new countries across the European Economic Area (EEA). This strategic move, announced on November 13, is part of the company’s broader efforts to position Revolut X as a competitive … Read more
Coinbase, one of the leading global cryptocurrency exchanges, has unveiled its latest product designed to provide institutional investors with broad exposure to the most significant trends within the digital asset sector. Announced on November 12, the new COIN50 index offers an innovative way for institutional investors to gain diversified exposure to the crypto market. The … Read more