Business News
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Solana and Abu Dhabi Forge Partnership to Propel Web3 Innovation
The recent collaboration between the Solana Foundation and Abu Dhabi Global Market (ADGM) has set the stage for an unprecedented…
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FTX Gives up on Relaunch Plans to Focus on Repayments
In an unexpected turn of events, FTX has halted its ambitious plans for a relaunch, choosing instead to focus on…
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Portal Raises $34 Million to Revolutionize Bitcoin Cross-Chain Swaps
In a significant move towards advancing the Bitcoin ecosystem, Portal, a pioneering financial technology firm, has successfully raised $34 million…
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Harvest Fund Seeks to Pioneer Spot Bitcoin ETF in Hong Kong
In an unprecedented move that could redefine the cryptocurrency investment framework in Asia, Harvest Fund Management, one of China’s leading…
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Brink’s Diversifies into Crypto, Investing in Custodian BitGo
In an unexpected yet strategic move, Brink’s, a leader in cash management and secure logistics, has announced its investment in…
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JPMorgan Analysts Signal a Turnaround for Bitcoin Following GBTC Outflow Stabilization
In a recent turn of events, JPMorgan analysts have observed a significant decline in the outflows from the Grayscale Bitcoin…
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Swiss Crypto Bank Sygnum Nears ‘Unicorn’ Status with $40 Million Funding
Swiss-based crypto banking group Sygnum has successfully closed a $40 million funding round, boosting its valuation to nearly $900 million…
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FTX Estate Liquidates GBTC Shares as Alameda Drops its Lawsuit
In recent developments, FTX’s estate has sold the majority of its holdings in the Grayscale Bitcoin Trust (GBTC). This move…
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Bitcoin ETFs Inflows Hit $1.3 Billion, Surpassing Silver in AUM
Spot Bitcoin ETFs have witnessed a remarkable influx of capital in the five days since their trading debut, with total…
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Gemini Gains Approval to Operate in France
Gemini, a leading cryptocurrency exchange, has gained regulatory approval from France’s Autorité des Marchés Financiers (AMF). This development is a…
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Bitcoin ETFs Trading Volumes Eclipse All 2023 ETFs Combined
Bitcoin ETFs have experienced an explosive start in 2024, with a trading volume that has significantly overshadowed that of all…
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OKX Secures Conditional Crypto License in Dubai
OKX, a prominent global crypto exchange, has successfully obtained a conditional virtual asset service provider (VASP) license in Dubai. This…
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Hong Kong’s HashKey Achieves Unicorn Status with $100M Series A Funding
Hong Kong’s HashKey Group has recently completed a significant milestone in its growth journey by securing $100 million in its…
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Binance Launches Its Exchange in Thailand
Binance, the global cryptocurrency exchange giant, has officially launched its operations in Thailand, marking a significant milestone in the Southeast…
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Bitcoin’s Ascent to $1 Million: A Bold Prediction Amidst Market Evolution
Bitcoin bull and JAN3 CEO Samsom Mow took to Twitter to share a bold prediction for Bitcoin. He anticipates an…
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Michael Saylor Fights Daily Against 80 AI-Generated Scam Videos
MicroStrategy Chairman Michael Saylor has embarked on a relentless mission to remove around 80 AI-generated scam videos daily from YouTube.…
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Spot Bitcoin ETFs Surge to $4.5 Billion in Trading Volume on Historic First Day
In an event that marks a turning point for cryptocurrency investments, the launch day of spot bitcoin ETFs saw a…
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SEC Approves Bitcoin ETFs but Gensler Still Has Something to Say
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) approved several spot Bitcoin exchange-traded funds (ETFs), signaling a…
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BitGo Receives In-Principle Major Payments Institution Approval in Singapore
In a strategic development for the cryptocurrency industry in Singapore, BitGo, a leading digital asset custody service, has received in-principle…
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Standard Chartered Forecasts Bitcoin Price Surge to $200,000 by 2025
In a recent research report, Standard Chartered Bank has projected that Bitcoin’s value could skyrocket to $200,000 by December 2025.…
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Honduras’ Próspera ZEDE Officially Adopts Bitcoin
In a groundbreaking move, the Próspera ZEDE, a special economic zone in Honduras, has officially recognized Bitcoin as a unit…
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Celsius to Unstake its ETH for Creditor Repayment
In a recent development that marks a significant turn in the cryptocurrency landscape, Celsius Network, a bankrupt crypto lender, has…
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Goldman Sachs Set to Play a Key Role in Bitcoin ETFs
Investment banking giant Goldman Sachs is poised to take on a pivotal role in the Spot Bitcoin Exchange Traded Funds…
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Michael Saylor Initiates Major Stock Sale to Expand BTC Holdings
MicroStrategy executive chairman Michael Saylor has set in motion a notable plan to sell $216 million worth of his company’s…
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FTX’s Proposed Bitcoin Valuation in Repayment Plan Causes Uproar
FTX, which filed for bankruptcy in November 2022, recently filed a repayment plan that has caused widespread discontent among its…
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India Looks to Block Access to Major Exchanges Including Binance and Kraken
India’s Financial Intelligence Unit (FIU) has announced the effective ban of nine crypto exchanges, including Binance and Kraken. These exchanges…
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Mt. Gox Begins Repayment A Decade After The Collapse
A decade after its dramatic collapse, the bankrupt cryptocurrency exchange Mt. Gox has commenced the long-awaited process of repaying its…
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Changpeng Zhao Added $25 Billion to his Wealth in 2023
In a striking narrative of resilience and prosperity, Changpeng “CZ” Zhao, the founder and former CEO of Binance, has witnessed…
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Sotheby’s Unveils the Starry Night Auction of 3AC’s NFT Collection
Sotheby’s is poised to make history in early 2024 with its Starry Night collection auction, a defining event in the…
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SEC Deadline for Bitcoin Spot ETFs Sets Stage for 2024 Market Evolution
The recent announcement from the U.S. Securities and Exchange Commission (SEC) sets a crucial deadline for Bitcoin Spot Exchange-Traded Funds…
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Coinbase and Circle Secure Regulatory Approval in France
Coinbase, a leading cryptocurrency exchange, has recently obtained a VASP license from the Financial Markets Authority (AMF) in France. This…
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