Month: June 2024

Mobile game Heroes of Mavia, a crypto-tinged Clash of Clans clone on iOS and Android, announced this weekend that it’s entering “Phase 2: Next Frontier,” which aims to integrate the MAVIA token into its gameplay loop with a set of new features. Elements of the crypto integration will be released gradually over the next four months, and creator Skrice Studios…

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Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance, leading investors to reduce their exposure to fixed-supply assets like bitcoin. Coinshares Flow Report […] Source: https://news.bitcoin.com/digital-asset-funds-witness-major-shake-up-amid-feds-hawkish-stance-coinshares/

The Australian Securities Exchange, which accounts for 90% of Australia’s equity market, has approved its first spot Bitcoin (BTC) exchange-traded fund. The issuer, VanEck, announced in a blog post that it will launch the ETF on June 20, touting it as the “lowest cost bitcoin ETF in Australia.” VanEck resubmitted the application for this product in February. Reports from April…

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We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Chinese telecom provider Coolpad Group is making a major bet on Bitcoin mining, with an investment of about $13.5 million to purchase mining rigs for deployment…

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We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Stablecoin giant Tether unveiled a new stablecoin on Monday which, much like USDT, is designed to track the price of the U.S. dollar. Unlike the pre-existing…

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Tether, the company behind the $110 billion stablecoin, announced on Monday the launch of Alloy, a new token minting platform on the Ethereum network. Alloy allows users to create tokens collateralized by Tether’s tokenized gold (XAUT). “Alloy by Tether is an open platform that allows the creation of collateralized synthetic digital assets and will soon be part of the new…

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By enhancing liquidity, simplifying the user experience, and supporting diverse trading solutions, an omnichain trading infrastructure like Orderly Network is transforming the DeFi landscape and paving the way for widespread adoption. While the total value of decentralized finance (DeFi) approaches $100 billion as of June 2024, analysts predict the market will grow six times by […] Source: https://news.bitcoin.com/resolving-the-liquidity-dilemma-orderly-networks-next-gen-trading-infrastructure-elevates-defi-efficiency-with-institutional-grade-liquidity/

According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial Services (NYDFS). Cumberland DRW Secures Bitlicense Cumberland, a trading desk that provides institutional over-the-counter (OTC) liquidity for numerous cryptocurrencies, now holds a Bitlicense. This business […] Source: https://news.bitcoin.com/cumberland-earns-bitlicense-bolstering-institutional-and-otc-crypto-services/