Tag: finance

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...

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'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,...

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...

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...

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...

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...

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...

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...

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...