Category Archive: Cryptocurrency, No picture
Litecoin spikes 10% as Canary Capital applies for spot Litecoin ETF
Key Takeaways Litecoin briefly surged past $70 after Canary Capital filed with the SEC for a Litecoin ETF. Given that the SEC views most crypto assets as securities, it remains unclear whether the ETF will get the greenlight. Share this article Litecoin (LTC) jumped 10% to $70.8 briefly after Canary Capital, a crypto-focused investment management […]
Canary Capital files for Litecoin ETF with SEC filing
Key Takeaways Canary Capital’s Litecoin ETF aims to simplify investor access to Litecoin. The ETF will secure Litecoin in cold storage to minimize security risks. Share this article Canary Capital has officially filed for a Litecoin ETF with the SEC, following its recent submission for an XRP ETF earlier this month. According to Canary Capital, the […]
Trump-backed WLFI token sale falls short, raising just $5 million in first hour
Key Takeaways Trump-backed WLFI token sale underperforms despite 344 million tokens sold. WLFI aims for a $1.5 billion valuation on Ethereum. Share this article The Trump family-backed World Liberty Financial (WLF) token sale launched earlier today, raising only $5.5 million in its first hour. Over 344 million WLFI tokens were sold to nearly 2,900 wallets during […]
Bitcoin inches toward $68,000 following BlackRock’s CEO crypto endorsement
Key Takeaways Bitcoin has surged past $67,000, only 8% away from its all-time high. BlackRock CEO compares Bitcoin to gold, endorsing it as a viable asset class. Share this article Bitcoin hit a high of $67,800 in the last few minutes, edging closer to the $68,000 and being only 8% away from its record high […]
SingularityDAO, Cogito Finance, and SelfKey unite to launch Singularity Finance, an EVM L2 for AI economy
Key Takeaways Singularity Finance aims to tokenize AI assets to enhance DeFi applications. The merger includes a token conversion with SDAO, CGV, and KEY into SFI. Share this article Three blockchain projects—SingularityDAO, Cogito Finance, and SelfKey—have joined forces to launch Singularity Finance, a new EVM layer 2 platform designed to tokenize real-world assets in the […]
Metaplanet stock soars 15% after firm scoops another 106 BTC
Key Takeaways Metaplanet’s recent purchase of 106 BTC boosts its total holdings to over 855 BTC. The company’s stock surged 15% following the announcement of the Bitcoin acquisition. Share this article Metaplanet’s stock (3350.T) surged over 15% on October 15 (Asian time) after the company announced it added over 106 Bitcoin to its reserves. According […]
Vitalik proposes lowering Ethereum validator threshold from 32 to 1 ETH
Key Takeaways Vitalik Buterin proposes reducing Ethereum’s validator threshold from 32 ETH to 1 ETH. The proposal includes a “single-slot finality” feature to speed up block confirmations. Share this article Ethereum co-founder Vitalik Buterin has proposed a significant update to Ethereum’s proof-of-stake consensus mechanism, suggesting that the validator lockup threshold be reduced from 32 ETH […]
Bitcoin rises 6% while whales send massive USDT inflows to Binance
Key Takeaways Bitcoin’s price surge to $66,000 coincides with significant USDT inflows from whales. Over $195 million in short positions were liquidated due to the price surge. Share this article Bitcoin’s price surged by 6%, reaching around $66,000, signaling bullish momentum as it broke past the key 200-day moving average of $63,350.Bitcoin Price Chart (TradingView)Over […]
Tether explores lending billions to commodity traders to shake up traditional trade finance
Key Takeaways Tether eyes commodity trade lending as smaller firms struggle to access traditional financing. USDT is already facilitating cross-border trade for Russian and Venezuelan exporters, underscoring stablecoins’ growing role. Share this article Tether Holdings, the issuer of the world’s largest stablecoin USDT, is exploring lending to commodities trading companies, according to a Bloomberg report.The […]
Bitcoin breaks $65,000 level, altcoins eye “up-only” season
Key Takeaways Bitcoin broke the $65,000 mark, reflecting a robust uptrend influenced by global economic factors. Major gains in Solana-based memecoins signal a broader altcoin market rally. Share this article The price of Bitcoin surged past $65,000 on Monday after breaking through the $64,000 mark and extending its rally to $64,800, according to data from […]
