Tag: finance
LTC Leads CoinDesk 20 Index with 8.5% Gain: Performance Update
CoinDesk, a reputable media outlet that focuses on cryptocurrency news, has recently reported that LTC (Litecoin) has shown an impressive 8.5% gain, leading the CoinDesk 20 Index. This significant increase in LTC's performance has...
Bitcoin Market Analysis: Predictive Patterns Hint at Recent Slide in Trump Media Shares
Bitcoin's price struggles to stay above $90,000, and experts are seeing patterns in the options market that resemble the recent slide in Trump media shares. The implied probability distribution, which reflects market expectations for...
Why Bitwise is Converting its $1.3 Billion Crypto Index Fund to an ETF
Bitwise Asset Management has announced its plans to convert its $1.3 billion Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF). This move comes as the company aims to capitalize on market...
SocGen Crypto Arm Launching Euro Stablecoin on XRP Ledger: Multichain Expansion Plan
SG-FORGE, a subsidiary of Societe Generale, a French bank, is set to launch its euro stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger network. This move is part of the company's strategy to expand...
UK Government to Pilot Digital Gilt on Distributed Ledger Technology
The UK government is set to launch a pilot program to introduce a Digital Gilt Instrument using distributed ledger technology (DLT), according to a recent statement. This move is part of the government's efforts...
Hadron: Tether’s Tokenization Platform for Institutions and Governments
Tether has introduced a new tokenization platform called Hadron, designed to cater to institutions, governments, and corporations. This platform will enable clients to tokenize various assets such as stocks, bonds, stablecoins, and loyalty points....
US Bitcoin ETFs Hold 1 Million Bitcoin Valued at $96 Billion
US Bitcoin ETFs currently hold a massive 1 million Bitcoin, with a total value of $96 billion. This staggering amount is close to surpassing the estimated 1.1 million BTC stash of Bitcoin's mysterious creator,...
Bitcoin Miners Move $4 Billion to Exchanges Amid $90,000 Price Surge
Bitcoin miners have been making some significant moves in the market recently. As the price of Bitcoin soared past $90,000, miners transferred over $4 billion worth of Bitcoin to exchanges. This surge in miner-to-exchange...
Leah Wald’s Investment Firm Acquires Four Validators, Including Solana Network, for $18M
Leah Wald's investment firm, Sol Strategies (HODL), has made a significant move by acquiring four validators, including the Solana network, for a total of nearly $18 million. This purchase, made in cash and shares,...
Jerome Powell’s Hawkish Comments Impact on Crypto Markets
Federal Reserve Chairman Jerome Powell's recent comments had a noticeable impact on the crypto markets, causing a slight downturn in prices. In his speech at a Dallas conference, Powell emphasized that the current strength...
