Last updated: May 17, 2024 02:49 EDT | 2 min read The Depository Trust and Clearing Corporation (DTCC), the largest settlement system in the world, has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States. The primary objective of the program was to enhance the […]
[PRESS RELEASE – London, UK, May 16th, 2024] YieldNest, an innovative liquid restaking protocol, proudly announces the official launch of ynETH on Mainnet after securing $5.2MIL in their initial round. This was all made possible as a result of the hard work and dedication of their team and marks the start of a new chapter. A word from
Liquid Restaking Protocol YieldNest Launches ynETH on Mainnet Read More »
TL;DR Ethereum’s price recently surpassed $3,000, with analysts predicting further significant gains. Declining MVRV ratio, negative exchange netflow, and potential approval of a spot Ethereum ETF in the US could drive ETH’s value higher. Is ETH Gearing up for an ATH? The cryptocurrency market has experienced a significant uptrend in the past few days, with
Ethereum (ETH) Price to Reach $10,000 by the End of 2024? Analyst Weighs In Read More »
Morgan Stanley, the sixth-largest banking firm in the United States, has invested over $269 million in a spot Bitcoin ETF, as disclosed in its recently published Form 13-F. The Securities and Exchange Commission (SEC) filing revealed that the investment was made in Grayscale’s GBTC during the first quarter of 2024. Morgan Stanley Joins Banks Investing
Morgan Stanley Reveals $269 Million Investment in Grayscale’s GBTC Read More »
The Chicago Mercantile Exchange (CME Group) is gearing up to introduce spot Bitcoin trading to capitalize on the increased interest in the cryptocurrency sector from Wall Street fund managers this year, according to a report by FT. However, the plan is still in the preliminary stages and hasn’t been finalized yet. Spot Bitcoin trading involves
CME Group Plans Spot Bitcoin Trading Amid Rising Wall Street Demand Read More »
Bitcoin’s price actions were quite underwhelming for days but the substantial ETF flows as well as the positive US CPI numbers resulted in massive gains that propelled the cryptocurrency to a 3-week peak of over $66,000. The landscape with the altcoins is quite similar, with most turning green on a daily scale. ETH is above
Last updated: May 15, 2024 08:33 EDT | 2 min read KuCoin has made the decision to suspend all naira-based peer-to-peer (P2P) trading in response to increased scrutiny from Nigeria’s regulatory authorities. The move comes three weeks after the country’s Securities and Exchange Commission (SEC) met with industry players and urged them to cease P2P
KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance Read More »
Last updated: May 15, 2024 08:26 EDT | 2 min read A pseudonymous developer at Solana-based Cypher Protocol has confessed to stealing approximately $300,000 worth of user funds and gambling them away. In a public statement shared on May 14, the developer, known as Hoak, said it stole approximately $300,000 worth of user funds from
Cypher Protocol Developer Confesses to Stealing $300,000 in User Funds and Gambling Away Read More »
Last updated: May 15, 2024 08:16 EDT | 3 min read SHIB has risen by 2% today, with the Shiba Inu price touching $0.00002399 on a day when the crypto market gains by 0.5% in the past 24 hours. This price also means that SHIB has increased by 5.5% in the past week and by
Shiba Inu Price Prediction as Analysts Spot Bull Flag Formation – Is a Rally Imminent? Read More »
Last updated: May 15, 2024 08:11 EDT | 18 min read In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin’s ecosystem and the BTC price developments
Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates Read More »
