Citizens initiated coverage on SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, implying over 200% upside potential, the bank said in a report released Wednesday. Shares were up 2% in early trading, around $15.45. The bank’s bullish stance is based on a positive long-term view of Ether’s price trajectory, forecasting […]
The Bitcoin cash landscape has evolved significantly over the past six months. In just six months, their numbers have more than doubled, spanning MetaPlanet in Japan, OranjeBTC in Brazil and a new generation of US players like the recently announced Strive as well as Tether and Jack Maller’s Twenty One. At a conference in New
Bitcoin Treasuries Need an Onchain Strategy Read More »
MoonPay has launched MoonPay Commerce, a unified crypto payments platform built on technology from its acquisition of Helio, the company announced in a press release on Thursday. The rollout fully consolidates Helio’s payment tools under the MoonPay brand, giving merchants, creators and developers a faster and easier way to accept crypto payments globally, the company
MoonPay unveils the unified encrypted payments platform “MoonPay Commerce” Read More »
BNB is now down 11% from its all-time high of $1,370 this week, hitting an intraday low of $1,151.50 before settling near $1,180. Its recent addition to Coinbase’s listing roadmap has failed to help it recover. The decline triggered more than $630 million in liquidations across more than 210,000 trader accounts as the market turned
BNB is now down 11% from its all-time high despite Coinbase roadmap listing Read More »
Bitfarms (BITF) stock price is down 4% premarket as the company announced a proposed offering of $300 million of convertible senior notes due January 15, 2031, with an option for initial purchasers to purchase an additional $60 million within 13 days of issuance. The notes, senior unsecured obligations, will pay interest semi-annually beginning July 15,
Bitfarms aims for growth with $300 million convertible note sale Read More »
Visa has built the world’s largest payments network, moving nearly $16 trillion in payments through its virtual channels. It now wants to do the same for lending in the world of decentralized finance (DeFi). The report, titled Stablecoins beyond payments: the on-chain lending opportunity, reframes decentralized finance as “on-chain finance” – a deliberate name change
Bitcoin continues to trade slowly around the $110,000 level and remains under pressure against gold. Onchain data from Glassnode shows that selling pressure from long-term holders (LTH) is intensifying. Glassnode defines LTHs as investors who have held Bitcoin for 155 days or more. Currently, LTHs collectively hold around 14.5 million BTC, but they continue to
BTC faces strong selling pressure despite bullish seasonal expectations Read More »
Australian Home Affairs Minister Tony Burke is seeking to grant new powers to the country’s anti-money laundering watchdog to crack down on cryptocurrency ATMs. Burke has proposed measures to allow the Australian Transaction Reporting and Analysis Center (AUSTRAC) to restrict or ban certain high-risk products, according to an announcement on Thursday. The announcement did not
Australian government proposes new powers to AUSTRAC to restrict crypto ATMs Read More »
Heavy institutional selling wipes out $10 billion in market value as leverage unfolds in derivatives markets. News context XRP saw one of its biggest one-day drops this month, plunging 6% from $2.49 to $2.41 between October 14 and 15. The drop follows sustained whale distribution, with 2.23 billion tokens – worth around $5.5 billion –
Ripple surge near $2.40 could precede strong relief rally Read More »
Paris-based Lise (Lightning Stock Exchange) has become the first company in Europe authorized to operate a fully tokenized stock exchange, the company announced on Thursday. The exchange, which targets the SME IPO market in France, has received a DLT TSS license from the French financial regulator, ACPR, under the EU’s distributed ledger technology pilot scheme,
