Strike, the Bitcoin payment app led by Jack Mallers, has taken a giant stride forward with its introduction in the United Kingdom. Aiming to increase Bitcoin’s accessibility and popularity in one of the world’s biggest economies, this expansion is a smart step. The launch of Strike in the United Kingdom
June 25, 2024 2 mins read
After almost two years of inactivity, billionaire Mark Cuban’s cryptocurrency wallet was found selling non-fungible tokens (NFTs). Cuban’s “markcuban.eth” Ethereum Name Service (ENS) wallet started selling NFTs on June 23. From Pudgy Penguins and Wrapped MoonCats to DeepBlack NFTs and EulerBeats Genesis, the works covered a wide spectrum. The last
June 25, 2024 1 min read
The CEO of the U.S investment company Ark Invest, Cathie Wood, has stated her intention to cast her ballot for the presumed Republican candidate for president, Donald Trump, who is a former U.S. president. Over the weekend, Kevin Paffrath, a maker of financial information, hosted a conference in Las Vegas,
June 24, 2024 2 mins read
As the Ripple vs SEC XRP case continues, rumors of a potential settlement between the two giants continue to circulate. The Ripple case has been sent to settlement negotiations by a U.S. district court. The move follows Judge Phyllis Hamilton’s decision to reject many class action lawsuits. While permitting the
June 21, 2024 1 min read
In what would supposedly be the first of its kind in North America, digital asset manager 3iQ has applied to have its Solana exchange-traded product listed on the Toronto Stock Exchange (TSE) in Canada. Following an initial public offering, 3iQ informed X on June 20 that they had filed a
June 21, 2024 2 mins read
Potentially a massive outflow of capital from spot Bitcoin exchange-traded funds was set off by the Federal Reserve, and things could get much worse from here. Concerns were voiced by market observers after the Federal Open Market Committee’s announcement that interest rates would remain unchanged between 5.25% and 5.50%. The
June 20, 2024 2 mins read
Coinbase-backed Ethereum layer-2 network Base with 270,000 users on June 17th set a new record for most daily active users on decentralized exchanges (DEX). The number increased by almost 9% as compared to the day before. Based on the most recent all-time high in active users, Base-powered decentralized exchanges have
June 19, 2024 2 mins read
The North Dakota state financial watchdog has joined seven others in revoking Binance US’s money transmitter license. On June 17, Commissioner Lise Kruse of North Dakota’s Department of Financial Institutions (DFI) said that BAM Trading Services, doing business as Binance US, had violated the money transmitter rules of the state.
June 19, 2024 2 mins read
A large segment of ADA holders are losing money, since just 30% are now in profit, according to IntoTheBlock statistics. Major investors own 28% of the ADA token, indicating a relatively high amount of whale control. This might affect the price stability and the dangers of manipulation. Market conditions, including
June 18, 2024 2 mins read
The biggest notable outflow since March 22 was $600 million last week from digital asset exchange-traded products and funds, according to a report dated June 17. The majority of the withdrawals came from Bitcoin investment vehicles, as stated in the most recent CoinShares “Weekly Asset Fund Flows” report. The opposite
June 18, 2024 2 mins read