Business

XRP, HBAR and ZEC lead Thursday’s decline, but Alts could be ready for the rally

Business / Leave a Comment

Bitcoin BTC$92,346.50 reversed its overnight rise to $94,000, falling back to $92,000 during U.S. opening hours on Thursday, continuing choppy action after wild moves first fell and then rose earlier in the week. Ethereum Ether ETH$3,135.55 held up relatively well, down just 0.7% on the day and rising above $3,100 in the afternoon. Among altcoins, […]

XRP, HBAR and ZEC lead Thursday’s decline, but Alts could be ready for the rally Read More »

Wall Street Heavyweights Back Canton Builder, Network That Supports $6 Billion Onchain Assets

Business / Leave a Comment

Digital Asset, the blockchain company behind Canton Network (CC), said Thursday it has secured strategic investments from four major traditional financial players, as Wall Street’s adoption of crypto continues. Investors in this round included BNY, a financial services company overseeing $57 trillion in client assets, stock exchange operator Nasdaq, financial intelligence firm S&P Global and

Wall Street Heavyweights Back Canton Builder, Network That Supports $6 Billion Onchain Assets Read More »

Former Signature Bank Executives Launch Blockchain-Powered N3XT Bank Backed by Paradigm and Winklevoss

Business / Leave a Comment

A group of former executives from Signature Bank, the crypto-friendly bank closed in March 2023, announced on Thursday the launch of a new blockchain-powered full reserve bank, aiming to offer programmable US dollar payments. Dubbed N3XT, the bank operates under Wyoming’s Special Purpose Depository Institution (SPDI) charter, settles payments instantly using a private blockchain system,

Former Signature Bank Executives Launch Blockchain-Powered N3XT Bank Backed by Paradigm and Winklevoss Read More »

Coinbase and Chainlink Introduce Base-Solana Bridge to Connect Ecosystems

Business / Leave a Comment

A new bridge connecting Base, Coinbase-incubated Layer 2, and the Solana blockchain is now available on mainnet, providing users and developers with a way to move assets directly between the two ecosystems. Secured by Chainlink and Coinbase’s Cross-Chain Interoperability Protocol (CCIP), the Base-Solana bridge enables the exchange and use of Solana-based tokens, including SOL and

Coinbase and Chainlink Introduce Base-Solana Bridge to Connect Ecosystems Read More »

BTC’s negative correlation with Nasdaq persists and history suggests a bottom could be forming

Business / Leave a Comment

Bitcoin BTC$92,064.92 is once again behaving differently from the traditional risk asset complex, and the latest divergence could send an important signal.The negative correlation between Bitcoin and the Nasdaq 100 has often aligned with Bitcoin market lows, and the current pattern resembles several past turning points. This is now the fourth time in the last

BTC’s negative correlation with Nasdaq persists and history suggests a bottom could be forming Read More »

Christopher Harborne donates $12 million to Nigel Farage-led Reform Party

Business / Leave a Comment

A cryptocurrency investor has donated 9 million pounds ($12 million) to Britain’s Reform political party, according to a filing by the Electoral Commission on Thursday. The donation from Christopher Harborne, a Thailand-based entrepreneur who has invested in stablecoin issuer Tether and crypto exchange Bitfinex, according to a Financial Times report, has been described by various

Christopher Harborne donates $12 million to Nigel Farage-led Reform Party Read More »

BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone

Business / Leave a Comment

BNB reached $908 in the last 24 hours, up 1.44% over the period, as an increase in trading volume suggests large investors may be accumulating the token during a consolidation phase. Volume soared 68% above average, peaking at 86,436 tokens in a single hour, as BNB tested a key resistance group between $920 and $928,

BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone Read More »

Meta plans 30% cut in metaverse budget in 2026 as reality bites: Bloomberg

Business / Leave a Comment

Meta (META) could move further away from the metaverse it once bet its future on. Executives are discussing budget cuts of up to 30% at the company’s Metaverse division in 2026, according to a Bloomberg report citing people familiar with the discussions. The unit includes Horizon Worlds, Meta’s social virtual reality (VR) platform and its

Meta plans 30% cut in metaverse budget in 2026 as reality bites: Bloomberg Read More »

US CFTC-Driven Crypto Spot Trading Goes Live, Opening Up New (Regulated) Arena

Business / Leave a Comment

The U.S. Commodity Futures Trading Commission is ushering in a new form of federally regulated cryptocurrency trading, after encouraging its regulated platforms to open leveraged spot digital asset products, set to begin next week with Bitnomial. The Bitnomial exchange is regulated by the U.S. derivatives watchdog as a Designated Contracts Market (DCM), meaning this new

US CFTC-Driven Crypto Spot Trading Goes Live, Opening Up New (Regulated) Arena Read More »

MoneyGram Uses Fireblocks to Expand Stablecoin Use in Global Payments and Treasury Operations

Business / Leave a Comment

MoneyGram has tapped Fireblocks to bring stablecoin-based payments and real-time treasury tools to its global network, the companies announced Thursday. The payments company, which processes transfers in over 200 countries, will use Fireblocks’ digital asset infrastructure to improve its internal operations and settlement flows. This includes the ability to transfer stablecoins across multiple blockchains, streamlining

MoneyGram Uses Fireblocks to Expand Stablecoin Use in Global Payments and Treasury Operations Read More »

Scroll to Top