Business

The demand in the United States for regulated crypto products is real. US SEC-approved options linked to BlackRock’s spot bitcoin (BTC) exchange-traded fund (IBIT), which debuted on November 19, are already nearly half the size of Deribit’s bitcoin options market , eight years old. As of Monday, there were 2.16 million open or active IBIT […]

The crypto industry has a new “unicorn” in digital asset bank Sygnum, which just closed a $58 million funding round. The Zug, Switzerland and Singapore-based lender has closed an oversubscribed “strategic growth round” led by BTC-focused venture capital firm Fulgar Ventures, according to an emailed announcement on Tuesday. The round gave Sygnum “unicorn” status, a

PK Press Club–Bitcoin rose Tuesday after a moderate performance in recent days, as investors cautiously awaited the U.S. inflation report to gauge the Federal Reserve’s interest rate outlook. rose 1% to $95,374.2 at 12:19 a.m. ET (05:19 GMT). The token had hit a session low of $89,664.8 on Monday, but dip buyers emerged and pushed

The pressing question on crypto traders’ minds is: has the Bitcoin (BTC) price weakness run its course, or is there more to come? The former appears to be the case since Monday’s price action, characterized by a rapid recovery from intraday lows, contrasted with mid-December, when the rally stalled and declined from higher record highs

Sony, the 78-year-old Japanese electronics giant, is the latest megacompany to explore blockchain technology. On Tuesday, the company announced the official launch of “Soneum,” a general-purpose blockchain platform. The team behind Sony Block Solutions Labs (SBSL), a joint project between Sony Group and Singapore-based Startale Labs, describes Soneuim – technically a layer 2 network on

As Bitcoin continues to grow and institutional investors pour over $20 billion into crypto ETFs, a fundamental shift is occurring in digital asset markets. The appointment of Paul Atkins as SEC chairman, known for favoring market-driven solutions over strict enforcement, has fueled optimism that crypto can finally balance innovation and regulation. But the crypto industry

Singapore, Singapore, January 13, 2025, PK Press Club As 2025 approaches, HTX, the world’s leading digital asset exchange, released its latest report, HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook, which provides forward-looking insights into the industry’s development prospects of cryptography. The year 2024 marked an important chapter in the history of the

MoonPay, a crypto infrastructure service provider, has purchased Helio, a crypto payment processor powered by Solana. According to Fox Business, the amount of the agreement would be $175 million. The Miami-based company aims to increase its trading and market volume using Helio products. “This acquisition is an important step in advancing our vision for the

Wilmington, Delaware, January 13, 2025, PK Press Club AI agents have rapidly gained attention in the cryptocurrency space in recent months. Following the rise of TruthTerminal as the first widely recognized AI agent, agent tracking platform cookie.fun currently monitors 996 active AI agents. However, Ahad, founder of Moemate, predicts that the number of AI agents

Until recently, there was a “green candle galore” in the crypto markets since Trump’s election victory. Bitcoin has momentarily surpassed the all-important $100.00 level, a nearly 500% rally from the crypto winter lows of 2022, and optimism for crypto is even reaching Congress, where talk of a national Bitcoin reserve in the United States is