South Korean police have reportedly asked cryptocurrency exchanges to freeze assets held by the Luna Foundation Guard (LFG), the nonprofit established to support the Terra (LUNA) ecosystem. A report published Monday by Korean national broadcaster KBS says the cybercrime division of the Seoul Metropolitan Police Agency sent letters to several exchanges, requesting they block withdrawals … Read more
Jiuzi commits up to $1 billion and 10,000 BTC to SOLV’s Bitcoin yield platform. The partnership narrows the gap between TradFi compliance and Bitcoin DeFi finance. JZXN shares jumped more than 17% after the strategic announcement. Jiuzi Holdings, Inc. (NASDAQ: JZXN) has launched a $1 billion Bitcoin finance initiative through a strategic partnership with the … Read more
Altcoin rose after 21Shares filed for an ETF with the SEC. The filing highlights growing institutional interest in RWA tokens. Binance US listed ONDO, accelerating the upside momentum. Ondo Finance’s native token is signaling an imminent breakout despite a broadly cooling market, driven by two major developments. First, asset manager 21Shares filed with the U.S. … Read more
Floki price is up 2% after giving back some gains following a rise above $0.000089. This came as the Valour Floki ETP went live in Europe. FLOKI’s current price sits at $0.000086, but bulls could target $0.00015 or higher during a bullish Q4. Floki (FLOKI) ticked higher on Friday, reaching intraday highs near $0.000088 as … Read more
TL;DR Bitcoin fell to $26,000 as bears maintain control. Shiba Memu token presale has now surpassed $3 million as investor interest surges. The cryptocurrency market was bearish over the weekend. Bitcoin and many altcoins traded in the red as sellers kept a firm grip on prices. Despite the broader market weakness, the Shiba Memu presale … Read more
Silvergate Capital filed for bankruptcy on September 18, 2024, in the state of Delaware. The bank, closed in March 2023, will not pay distributions to common shareholders. Regulatory investigations and the collapse of the cryptocurrency market caused Silvergate’s financial failure. Silvergate Capital, the parent company of Silvergate Bank, filed for bankruptcy in Wilmington, Delaware, on … Read more
Cryptocurrencies have lost the shine they enjoyed in 2021. Most of them have dropped more than 40% from their all-time highs, and the daily trading volumes for many coins have declined. Yet amid the turmoil, some cryptocurrencies will continue to perform well. In this report I explain why Terra is my top cryptocurrency pick to … Read more
New York–based investment firm SkyBridge Capital and First Advisors have jointly filed to create a Bitcoin ETF. SkyBridge Capital and First Advisors are the latest parties to submit a Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC). The investment firm led by Anthony Scaramucci partnered with First Advisors to seek approval for … Read more
Robinhood’s listing of BNB improved access for U.S. investors and boosted the token’s market visibility. BNB faces short-term bearish pressure below the key support at $1,069. Strong fundamentals and a deflationary burn model support a positive long-term outlook. Robinhood’s decision to list Binance Coin (BNB) in the United States injected fresh momentum into the cryptocurrency … Read more
Stripe has reportedly added support for Bitcoin and other cryptocurrencies for its EU clients. Customers can now buy crypto using Stripe-issued credit or debit cards. Stripe customers in the European Union can now purchase Bitcoin and various cryptocurrencies using credit or debit cards issued by Stripe, according to a report by the Irish Independent. This … Read more