The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective. Source: https://cointelegraph.com/news/hong-kong-launches-ehkd-plus-tokenization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Crypto All-Stars Raises $1.5M in ICO for New Meme Coin Staking Platform
Crypto All-Stars (STARS) is a hot topic right now, having just passed the $1.5 million mark in its ICO. The project’s main attraction is MemeVault – a platform allowing investors to stake their favorite meme coins for huge rewards. MemeVault – The All-In-One Staking Platform for Meme Coins MemeVault is unlike anything else on the […] Source: https://news.bitcoin.com/crypto-all-stars-raises-1-5m-in-ico-for-new-meme-coin-staking-platform/
Celestia Foundation secures $100M capital led by Bain Capital Crypto
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million. Source: https://cointelegraph.com/news/celestia-foundation-secures-100-million-bain-capital-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities […] Source: https://news.bitcoin.com/top-10-bitcoin-holders-exchanges-corporations-and-governments-dominate-the-charts/
Investment managers eye ‘extraordinary upside' from BTC options debut
They could potentially spark “explosively recursive” price upside for Bitcoin, according to one investment manager. Source: https://cointelegraph.com/news/investment-managers-upside-bitcoin-options-debut?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana TVL declines, but will SOL price react negatively?
SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price? Source: https://cointelegraph.com/news/solana-tvl-declines-but-will-sol-price-react-negatively?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns. Source: https://cointelegraph.com/news/cftc-polymarket-offshore-crypto-betting-securities-enforcement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports
Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to […] Source: https://news.bitcoin.com/feds-50bps-reduction-triggers-321m-in-digital-asset-inflows-coinshares-reports/
Bitcoin Miner Takeover Battle Cools as Riot and Bitfarms Reach Settlement
Bitcoin mining giant Riot Platforms appeared to notch a key victory on Monday in its monthslong attempt to forcibly acquire Canadian rival Bitfarms, after both firms announced a settlement agreement that nominated an executive handpicked by Riot to Bitfarms’ board of directors. Earlier this year, Riot attempted to buy Bitfarms for $950 million. The Bitfarms board balked at the offer,…
Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing their onchain holdings up to […] Source: https://news.bitcoin.com/blockfi-receives-250m-usdc-deposit-sparking-hopes-for-creditor-repayments/