Tag: finance

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...

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...

FTX is moving forward with their repayment plan, which is set to begin in January 2025. The final details will be sorted out next month, and repayments will start early in the new year. The...

Bitfinity Network has recently launched its new Layer-2 mainnet, bringing Bitcoin and Ethereum closer together. The project has successfully raised $12 million, showcasing significant institutional backing and community support. The main goal of the...

Yesterday, there was a significant shift in the investment landscape as Donald Trump was re-elected as the President of the United States. This news led to a broad-based rally in risk assets on Wall...

Bitcoin is expected to see continued growth in the near future, thanks to supportive economic trends and political policies. According to Fundstrat Global Advisors managing partner Thomas Lee, Bitcoin has shown resilience in the...