Business – Page 617 – PK Press Club

BTC, XRP, ETH, SOL News: Assessing Price Volatility After Inflation

The crypto market, deprived of new economic data due to the prolonged US government shutdown, will finally get a key data point with Friday’s release of the September Consumer Price Index (CPI). Inflation Figure Could Trigger Bigger Ether Price Swings ETH$3,975.53 than in bitcoin BTC$111,180.25a store of value asset. However, overall, the expected volatility in […]

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DOGE Breaks Above $0.195 Level on Major Trades, Wyckoff Setup Points to Next Leg Higher

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Dogecoin breaks critical technical barriers in a 2.4% rally, as institutional flows increase trading activity 68% above daily averages, signaling controlled accumulation into a broader Wyckoff phase. News context DOGE climbed 2.4% during the 24-hour session ending October 24 at 02:00, rising from $0.1911 to $0.1957 and marking a clear break above the $0.1953 resistance

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Ledger unveils $179 Nano Gen5, designed for identity in an AI-driven world

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Ledger, the French company known for its crypto hardware wallets, has launched a sweeping update to its product line, positioning itself for what it calls a new “age of ownership.” The company unveiled the Ledger Nano Gen5, a redesigned version of its signature device, as well as Ledger Wallet, a reimagined version of its Ledger

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After CZ’s Pardon, Odds Increase for Sam Bankman-Fried’s Second Chance

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Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. Will Sam Bankman-Fried, the former CEO of FTX, be

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Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Fee-Free Stablecoin Trading

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Crypto market maker B2C2 has launched PENNY, a new platform that enables instant, fee-free trading between major stablecoins as institutional demand for frictionless liquidity tools increases, the company announced in a press release on Thursday. The launch comes as the stablecoin market expands beyond crypto-native trading to payments, banking and settlements use cases. PENNY currently

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Tokenized Gold Market Hits $3.9 Billion, CZ Calls It a “Trust Me Bro” Asset

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Even as the price of gold retreats from an all-time high, stabilizing around $4,100 an ounce, tokens whose value is tied to the metal are gaining popularity in crypto markets. But not everyone subscribes to this idea. The total market capitalization of gold tokens reached $3.86 billion, driven by the strong performance of XAUT$4,143.76 and

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Plasma (XPL) expands its payment network to Europe with a license, Amsterdam office

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Plasma XPL$0.3552a blockchain company building a stablecoin-focused network, has announced a major expansion into Europe to offer regulated payment services. The company announced on Thursday that it has acquired a licensed Virtual Asset Service Provider (VASP) entity in Italy, allowing it to legally manage crypto transactions and custody of assets in the region. As part

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Digital Asset Treasures: Bitcoin’s Institutional Test Case

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A small but growing class of businesses is moving beyond holding Bitcoin as a static reserve. They integrate it into their capital strategy, using it to raise capital, obtain credit and generate returns. These Digital Asset Treasuries (DATs) are the first laboratories testing how a decentralized asset can function as productive capital within the architecture

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Crypto Buyback Boom Tests Sector’s Financial Maturity

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As token buybacks gain popularity in crypto, Amir Hajian, head of research at market-making firm Keyrock, warns in a new report that every dollar spent on token buybacks is a dollar diverted from growth and innovation, highlighting the hidden opportunity cost behind demonstrating trust. Token buybacks involve blockchain projects repurchasing their own tokens on the

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DeFi specialist Aave Labs acquires stable funding and expands consumer access to on-chain economies

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Aave Labs, the company behind decentralized finance (DeFi) giant Aave, said it has acquired Stable Finance, a San Francisco-based startup that aims to simplify on-chain economies for everyday users. Terms of the deal were not disclosed. The move brings Stable founder Mario Baxter Cabrera and his team of engineers to Aave Labs, where they will

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