Business

The runaway success of Base, the Coinbase-owned Ethereum overlay blockchain designed for faster, cheaper transactions, led to the creation of a market tied to the fluctuating cost of the total gas needed to power the network, allowing speculators to betting on recurring peaks in public services. on layer 2 system. Taking inspiration from the way […]

PK Press Club – XRP was trading at $2.5778 as of 7:01 a.m. (12:01 GMT) on the PK Press Club index on Tuesday, up 10.09% on the day. This is the largest one-day percentage increase since January 1. This increase pushed the market capitalization of XRP up to $147.8304 billion, or 7.76% of the total

The consolidation between $90,000 and $100,000 for bitcoin (BTC) continues to play with investor sentiment, shifting from fear to greed. On Monday, bitcoin fell below $90,000, while it is above $96,500 on Tuesday, up more than 8%. Bitcoin bull Tom Lee, head of research at Fundstrat, told CNBC on Monday that he considers this current

Huione, a Telegram-based illicit marketplace that offers personal data and money laundering services, has deployed its own stablecoin, according to a report from blockchain security firm Elliptic. The stablecoin (USDH) was created to “avoid the common freeze and transfer restrictions of traditional digital currencies.” The Huione website adds that “USDH is not restricted by traditional

By Federico Maccioni DUBAI (Reuters) – The cryptocurrency firm is considering moving its headquarters to El Salvador, its chief executive said, as the founders of the world’s largest stablecoin seek to capitalize on the Central American country’s bid to become a hub of crypto trading. Tether has become a dominant force in the booming market

Bitcoin (BTC) continues to become more entrenched in the traditional financial system. Italy’s largest bank by assets, Intesa Sanpaolo, purchased 11 BTC for over $1 million, according to a Reuters report. Reuters saw an internal message saying: “As of today, January 13, 2025, Intesa Sanpaolo owns 11 bitcoins.” Intesa Sanpaolo currently has a market capitalization

PK Press Club — Intesa Sanpaolo (OTC:) SpA, Italy’s largest banking group, bought in a spot transaction for the first time. The bank purchased around €1 million ($1 million) worth of cryptocurrency, marking its deeper foray into the asset class. The purchase was made on Monday, with the bank acquiring 11 Bitcoins, according to Niccolò

Sigma Capital, an early-stage venture capital firm, has unveiled a $100 million fund focused on Web3 startups. The Dubai-based company is trying to capitalize on the United Arab Emirates (UAE)’s reputation as a crypto hub, according to an emailed announcement on Tuesday. The fund will focus on decentralized finance (DeFi), tokenization and blockchain infrastructure by

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