Category Archive: Cryptocurrency, No picture
Brazil set to debut its first Solana ETF
Key Takeaways The Brazilian Securities and Exchange Commission has approved the first Solana ETF in Brazil. The move solidifies Brazil’s position as a leader in the crypto ETF market, following previous approvals for Bitcoin and Ethereum ETFs. Brazil’s first Solana exchange-traded fund (ETF) will launch soon after getting the nod from the Brazilian Securities and […]
Berachain Airdrop: The ultimate guide to maximize your rewards
Key Takeaways Berachain uses a Proof of Liquidity consensus to align validators with its ecosystem. The Berachain airdrop concludes in September 2024, post-mainnet launch. This comprehensive guide will walk you through everything you need to know about the Berachain airdrop, from understanding its tech to maximizing your chances of receiving valuable $BERA tokens.What is Berachain […]
Binance to list Toncoin (TON) with seed tag, opens four trading pairs
Key Takeaways The listing signals growing interest in early-stage tokens from major exchanges such as Binance. TON’s integration with Telegram could drive user adoption following its listing on the world’s largest exchange. Binance, the world’s largest crypto exchange by trading volume, has announced the listing of Toncoin (TON) on its platform.Trading for TON will commence […]
Democrats set ‘Crypto for Harris’ campaign in motion as crypto policy heats up US elections
Key Takeaways ‘Crypto for Harris’ aims to secure crypto community votes in the 2024 presidential race. Trump counters with promises of deregulation and a government Bitcoin reserve. The 2024 US presidential race has thrust crypto policy into the spotlight, with both major candidates vying for support from the industry and its estimated 40 million American […]
What are decentralized prediction markets?
Decentralized prediction markets are blockchain-based platforms where users bet on future events without intermediaries. Here’s what you need to know: Use blockchain and smart contracts to operate autonomously Allow betting on various outcomes like politics, sports, finance Typically use cryptocurrency tokens for trading Aim to harness “wisdom of the crowd” for accurate predictions Key features: […]
MetaTrust Labs and ChainSwap announce million-dollar deal to enhance cross-chain privacy
Key Takeaways MetaTrust Labs and ChainSwap announced a strategic partnership backed by a million-dollar agreement. The two firms aim to develop cutting-edge financial privacy tools for a safer and more efficient cross-chain transaction ecosystem. MetaTrust Labs and ChainSwap have formed a strategic partnership valued at up to $1 million to enhance cross-chain financial privacy, the […]
Grayscale rolls out trust products for Sui and Bittensor
Key Takeaways Grayscale Investments introduced two new crypto products investing in SUI and TAO. The firm aims to meet growing investor interest in diversified crypto exposure. Grayscale Investments, the leading asset manager, has expanded its portfolio with two new funds, the Grayscale Bittensor Trust and the Grayscale Sui Trust, said the company in a Wednesday […]
Crypto recent pullbacks are five times softer than the Covid crash: CoinGecko
Key Takeaways The largest crypto market sell-off in 2024 was -8.4%, significantly less than the -39.6% Covid-19 crash. Crypto has not recorded a single day of market correction since the FTX collapse in November 2022. Despite Bitcoin’s (BTC) recent dip of 29% in two weeks, the crypto market has shown resilience in 2024, with no […]
Bybit’s daily trading volume soars to 100 billion
Key Takeaways Bybit has achieved a record-breaking daily trading volume of $100 billion. Strong trading activity across perpetuals, futures, spot, and options contributed to the record. Bybit, one of the world’s leading crypto exchanges, has achieved a monumental milestone, surpassing $100 billion in daily trading volume earlier this week, according to the company’s Wednesday press […]
Grayscale Ethereum ETF outflows hit record low of nearly $40 million
Key Takeaways Grayscale’s Ethereum ETF experienced its lowest daily outflow. Despite mixed performance, the nine ETFs collectively saw net inflows of $98 million on Wednesday. Around $40 million exited the Grayscale Ethereum Trust, now trading as an exchange-traded fund (ETF) on August 6, according to data from Farside Investors. This marks the lowest daily outflow […]
