The CoinShares report reveals that the global crypto investment product generated around $882 million in the last week and has taken the year-to-date inflows to stand at $6.7 billion. However, it is still less than the record of $7.3 billion made at the beginning of February. In the past four
Robinhood has announced a $179 million all-cash deal to acquire Canadian crypto firm WonderFi, accelerating its international expansion. The agreement values WonderFi shares at C$0.36 each, representing a 41% premium over the May 12 closing price and a 71% premium over the 30-day volume-weighted average. The deal, confirmed on May
Solana co-founder Anatoly Yakovenko, known as Toly, has unveiled a novel concept, which he calls the “Meta Blockchain.” The idea seeks to revolutionize how blockchain networks interact by merging data from multiple ecosystems into a single, ordered stream. It let the developers dynamically choose the most cost-efficient data availability (DA)
Tether Gold (XAUt), a digital asset backed by physical gold, is now available for trading in Thailand through a new listing on Maxbit, a Thai-licensed crypto exchange. The announcement, made on May 13, marks a major milestone for Tether as it expands its gold-backed asset offerings into the Southeast Asian
The broader crypto market cap has reached $3.32 trillion, with the fear and greed index value holding steady at 71, reflecting greed sentiment in the market. Major assets fluctuate between losses and gains, while Solana (SOL) has posted a modest loss of over 1.18%. In the early hours, Solana traded
Animoca Brands, a Hong Kong-based digital assets investor known for its major role in blockchain gaming and NFTs, is preparing for a U.S. IPO. This move coincides with the new crypto-friendly atmosphere in Washington created by Donald Trump’s resurrection. Yat Siu, the executive chairman of the company, further stressed the
The Indian Government has instructed the crypto exchanges functioning in India to be extra cautious for transactions associated with persons residing in Jammu and Kashmir and in border areas. The financial intelligence unit, the central agency that limits money laundering and financial crimes, instructed this to various local Crypto platforms.
Al Maryah Community Bank (Mbank), a leading integrated digital bank in the United Arab Emirates (UAE), has partnered with crypto custodian Changer.ae to launch a Dirham-based crypto conversion service. This new service follows the approval from the UAE Central Bank, allowing Mbank to open an AED Escrow Account. This move
Cardano’s native cryptocurrency, ADA, has been bullish for a week now, noting a 19% surge. However, the digital asset has recorded a slight dip in the last 24 hours, recording a price dip from $0.8168, its initial opening price during the Asian trading session. ADA Technical Analysis: MACD and RSI
GD Culture Group, a Nasdaq-listed company best known for its work in AI and livestream e-commerce, has stunned markets by announcing plans to pour up to $300 million into Bitcoin and the TRUMP memecoin. The money will come through a stock sale deal with an unnamed investor based in the
