Pi Network’s PI token led the market higher on Friday, according to CoinGecko data, up 30% during the morning in Asia, after crypto exchange Kraken announced it would list the asset. Pi Network is a mobile-first cryptocurrency project that replaces traditional proof-of-work mining with a phone-based trust graph, in which users access a mobile app […]
Pi rebounds over 30% after Kraken announcement Read More »
Bitcoin BTC$71,365.47 remained steady at nearly $71,000 on Friday, extending a period of quiet consolidation that has kept the crypto market largely unaffected by the turmoil in global stocks. BTC traded at around $71,300 in early trading, up around 2.6% over the past 24 hours and up slightly for the week. Ether (ETH) changed hands
Bitcoin above $71,000, ETH, SOL and ADA zoom higher as cryptos shrug off stock weakness Read More »
Shares of Eightco Holdings (ORBS) rose 25% in early trading after the company announced it secured $125 million in new institutional funding commitments and made $75 million in investments in AI and crypto. The commitments include $75 million from Bitmine Immersion Technologies (BMNR), an ether (ETH) treasury asset company that holds a nearly 7% stake
What he says: Nahas told Sam Ewen on CoinDesk’s Gen C that Avalanche is a trading tool, not a crypto product. He said businesses want tailored blockchain infrastructure that meets compliance, geographic and operational needs. Nahas compared Avalanche’s model to WordPress, saying companies should be able to “spin” a blockchain the same way they build
Avalanche Chief Executive Says Crypto Needs to Grow and Solve Real Problems Read More »
Lido, the largest liquid staking protocol on Ethereum, is expanding beyond ether (ETH) with the launch of a new product designed for stablecoin holders. The project on Thursday introduced a revamped version of its yield product, Lido Earn, which now revolves around two vaults: EarnETH for ether-based assets and EarnUSD for stablecoins. The goal is
Lido Launches Stablecoin Yield Product to Expand Beyond Ether Read More »
In today’s newsletter, Ganna Vitko, President of the Toronto Chapter of Women in Crypto, walks us through the current accounting rules for crypto and digital assets as well as some of the challenges of managing these new assets. Next, in Ask an Expert, Aaron Brogan of Brogan Law answers questions about token issuance and its
an overview of the European and American markets Read More »
As fears grow over the economic impact of rising oil prices, U.S. Treasury Secretary Scott Bessent said Thursday evening that the Trump administration is taking steps to promote stability and lower energy prices. “To increase the global reach of existing supply, the U.S. Treasury is granting temporary authorization for countries to purchase Russian oil currently
BTC Hits One-Week High Following Bessent’s Remarks Read More »
Ethereum co-founder Vitalik Buterin says the crypto industry may be overcomplicating what blockchains are actually useful for. In an article on Instead of starting with Ethereum and trying to find places to use it, he suggested that developers should first ask themselves what kinds of tools are needed to create secure, open, censorship-resistant technology. From
A committee that advises the U.S. Securities and Exchange Commission has recommended that the agency move forward with a token securities policy that would allow traders to eliminate the type of intermediate settlement that Wall Street investment firms have relied on for decades. The SEC’s Investor Advisory Committee on Thursday voted to recommend narrow exemptions
The European Union’s recently adopted Markets in Crypto Assets (MiCA) Regulation is beginning to reshape the region’s digital assets sector, creating new opportunities and obstacles for companies seeking to operate across the bloc, a Switzerland-based crypto wealth platform said. Swissborg, which has one million registered users and $1.3 billion in assets under management (AUM), is
MiCA rules could leave fewer but stronger crypto companies in Europe, says SwissBorg Read More »
