Tag: finance

news-19112024-221418

Paxos Acquires Membrane Finance for EU Market Expansion

Stablecoin issuer Paxos has made a move to expand its presence in the European Union by acquiring Membrane Finance, an electronic money institution based in Finland. This acquisition comes after the EU implemented strict...
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Decentralized Naming System: ENS Integration with Bitcoin and Worldcoin

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion, and standards.Bitcoin reached a new all-time high amidst the...
bitcoin-price-analysis-how-deleveraging-stalled-ts-surge-past-100k

Bitcoin Price Analysis: How Deleveraging Stalled Its Surge Past $100k

Bitcoin's rally towards reaching $100,000 was abruptly halted by a significant deleveraging event that triggered a sharp correction in the market. The high leverage in derivative trading had fueled Bitcoin's surge to monumental highs,...
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Bitcoin Futures Open Interest on CME Hits Record High, BTC Targets $100K

Bitcoin futures open interest on the CME exchange has reached a record high of 218,000 BTC, equivalent to $21.3 billion. This surge in open interest indicates a bullish sentiment in the market, especially with...
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Opportunities for Gains: Navigating Altcoin Trading in a Challenging Landscape

Altcoins continue to present opportunities for gains in the midst of a challenging trading landscape, according to a recent report by K33 Research. Despite the increasing number of token launches and stablecoin supply still...
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Kraken Launches MiCA-Compliant Euro & Dollar Stablecoins

Stablecoins are becoming more popular, and a Netherlands-based fintech firm, Quantoz, is looking to make its mark on the European market. The company has announced the launch of regulatory-compliant stablecoins pegged to the euro...
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MicroStrategy Increases Convertible Note Offering to $700MMax Characters: 63

MicroStrategy, a leading business intelligence firm, has decided to increase its convertible note offering from the initially planned $500 million to a whopping $700 million. This move comes as the company aims to raise...
news-08112024-153358

Bitcoin ETFs See Record $1.1 Billion Inflow in Historic BlackRock Boost

BlackRock, one of the world's largest asset managers, experienced a historic inflow of $1.12 billion into its IBIT on November 7th. This influx of capital surpassed the total combined inflows for all spot Bitcoin...
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Solana Memecoin ACT Soars 1,720% on Binance Listing amid Altcoin Market Surge

A Solana-based memecoin called "Act I : The AI Prophecy" (ACT) has skyrocketed by more than 1,720% after being listed on Binance and Crypto.com. The token, which was initially issued on Oct. 19, had...
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Solana Price Prediction: Hedge Funds & VCs Expect $600 Target

Hedge funds and venture capital firms are optimistic about Solana's future, with many expecting the cryptocurrency to reach $600 during this bull cycle. According to the "Q4 2024 Crypto Investment Manager Survey" by MV...