Launching Spot-Traded ETFs for Bitcoin and Ethereum Seo Yoo-seok Pushes for Innovation in the Financial Sector Seo Yoo-seok, the president of the South Korea Financial Investment Association (KOFIA), is making waves in the financial industry by calling on lawmakers to introduce spot-traded ETFs that will track the two leading cryptocurrencies,
Bitcoin on Corporate Balance Sheets: A Transformation in Creating Shareholder Value Introduction Holding bitcoin on corporate balance sheets represents more than a trend — it’s a transformation in how companies can create and preserve shareholder value, says Brandon Turp, managing partner of Next Layer Capital. As the popularity of cryptocurrencies
Solana (SOL) and XRP Prices Drop Following Tariff Announcements Market Turbulence in the Crypto Space Solana (SOL) and XRP took nearly double-digit declines in their prices on the weekly timeframe as U.S. President Donald Trump made key tariff announcements. The announcement sent shockwaves throughout the financial markets, causing uncertainty and
In a latest development, Standard Chartered, a British multinational bank, has issued a bold prediction that Bitcoin (BTC) could reach $500,000 before Donald Trump’s presidency ends. The bank expects this price surge due to a more favorable regulatory environment and increased access to Bitcoin. This prediction has sparked a lot
A Young Canadian Hacker Accused of Stealing $48.8 Million in Crypto Exploiting Vulnerabilities in DeFi Protocol KyberSwap A young Canadian hacker, Andean Medjedovic, is now wanted after allegedly exploiting a “glitch” to loot $48.8 million in crypto from the decentralized finance (DeFi) protocol KyberSwap. The U.S. Attorney’s Office for the
El Salvador’s Bitcoin Reserves Continue to Rise El Salvador recently purchased 12 BTC, raising its total reserve to 6,068 BTC. The Bitcoin acquisitions have continued following a $1.4 billion agreement with the IMF. El Salvador, a small Central American country, has been making waves in the cryptocurrency world with its
BCH Showing Signs of Potential Bullish Reversal Recently, Bitcoin Cash (BCH) has been showing signs of a potential bullish reversal with an impulsive structure forming. The key support level at $322.34 and resistance near $397.53 will play a crucial role in determining the next major price move for this cryptocurrency.
Bitcoin’s Realized Capitalization Reaches Record $850 Billion The Growth of Bitcoin’s Value Accumulation Bitcoin has recently hit a milestone with its realized capitalization reaching a record $850 billion. This indicates a strong value accumulation within its network, highlighting the increasing interest and confidence in the leading cryptocurrency. The realized capitalization
2024: BNB Smart Chain Continues to Soar The Rise of BNB Smart Chain In 2024, BNB’s market cap more than doubled to $101 billion, while annual revenue reached $234 million, making BNB Smart Chain one of the top Layer-1 blockchains by earnings. This significant growth can be attributed to the
WazirX Warns Creditors of Potential Repayment Delays The Incident WazirX, a prominent cryptocurrency exchange, recently disclosed that repayments from its $234 million hack could be delayed until 2030. The hack, which took place earlier this year, shocked the cryptocurrency community and left many investors feeling vulnerable. The Implications This announcement
The Future of Crypto.com: A Roadmap for Success Introduction The recently unveiled roadmap for Crypto.com has sent shockwaves through the cryptocurrency world. With plans to introduce a stablecoin and file for a Cronos exchange-traded fund (ETF) in 2025, Crypto.com is setting itself up for a game-changing year. What the Roadmap
Michael Saylor’s Bitcoin Message Sparks Speculation A Cryptic Tweet Michael Saylor, the co-founder and executive chairman of MicroStrategy, a company known for its focus on Bitcoin, recently took to Twitter to send out a mysterious message. The tweet, which has since gone viral, has left many of his followers speculating
Crypto.com’s Exciting Plans for 2021: A Look at Cronos ETF and Stablecoin Crypto.com, a leading cryptocurrency platform, has recently announced its plans to launch the Cronos ETF later this year. This news has sent shockwaves through the crypto community, as many are eagerly anticipating the release of this innovative new
Ripple’s XRP Ledger Experiences Temporary Halt in Block Production Ripple’s XRP Ledger (XRPL) faced a minor setback on Tuesday as block production came to a halt for about an hour. The issue was identified as a possible network drift, causing a temporary disruption in the system. However, the network has
The Potential Breakout in the Market Understanding the OBV Trend The On-balance Volume (OBV) indicator has been showing a positive trend over the past 24 hours, indicating a potential bullish movement in the market. The OBV measures buying and selling pressure by adding volume on up days and subtracting it
Blog Post Article Polygon Ecosystem Token (POL) drops to $0.277 The Polygon Ecosystem Token (POL) has recently dropped to $0.277, hitting the expected price level of the 2.0 Fibonacci expansion. This significant drop in price has caught the attention of many cryptocurrency investors and analysts, who are closely monitoring the
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