Tag: finance
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...
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 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,...
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...
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...
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...
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...
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...
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...
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...














