Tag: Growth
Blockchain Association Criticizes SEC Actions Under Gensler for Stifling Growth
The Blockchain Association, a prominent crypto advocacy group, has strongly criticized the enforcement actions taken by the US Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. The association stated that...
Growing the $1.3B Bitcoin Staking Protocol: Solv Secures $11M Funding
Bitcoin staking platform Solv Protocol recently secured $11 million in funding from investors such as Nomura subsidiary Laser Digital, Blockchain Capital, and OKX Ventures. The SolvBTC product offered by Solv Protocol has over 20,000...
Ethereum Staking Thrives Amid Market Trends: Growth Outlook for 2024
Ethereum staking has been on the rise in 2024, defying market trends and showing robust growth. Despite the challenges faced by the asset's price, over 60% of Ethereum stakers are currently in profit. This...
Crypto Adoption Strategies for Financial Advisors: Leveraging Cryptocurrency for Business Growth
In today’s newspaper, Nathan McCauley, co-founder & CEO of Anchorage Digital, talks about how financial advisors can use cryptocurrency to grow their businesses. Marissa Kim from Abra Capital Management also shares insights on including...
Core Scientific’s Stock Jumps 18% with $2 Billion CoreWeave Deal
Core Scientific, a Bitcoin mining company, recently announced a significant deal with CoreWeave that will see an expansion of its high-performance computing (HPC) infrastructure. This agreement will allow CoreWeave to finance modifications to Core...
Solana Price Analysis: Poodlana Presale Reaches $1.4M – CoinJournal
Solana (SOL) has seen a surge in price, trading above $160, which could potentially lead to a rally to new year-to-date highs. At the same time, the presale of the viral meme coin Poodlana...
BlackRock Surpasses $10 Trillion in Assets Under Management
BlackRock, the world's largest asset manager, recently announced that its assets under management (AUM) have surpassed an impressive $10 trillion in the second quarter. This marks a significant increase of almost 13% from the...
Blackrock’s BUIDL Fund Hits $500M Milestone – CoinJournal
Blackrock's BUIDL Fund Hits $500M MilestoneBlackrock's tokenized US Treasury fund, BUIDL, has reached a market value of $500 million, showing significant growth in the RWA space. The overall market for tokenized US Treasury products...
Paysafe Predicts $1.7 Billion Annual Revenue – CoinJournal
Paysafe, a leading payment provider, has recently reported impressive financial results, forecasting an annual revenue of $1.7 billion for 2024. This significant growth is attributed to the increasing popularity of Paysafecard deposits on online...
Solana ETF Approval: Potential 9x Value Increase for SOL Token
Solana, a rising star in the cryptocurrency industry, is poised for a potential surge in value following the news of a Spot Solana ETF filing by VanEck. This development has sparked optimism and bold...
