Sony Group, the hundred billion-dollar Japanese tech giant, marks its entry into the crypto exchange sector by acquiring Amber Japan. The crypto trading service operated by Amber Japan, Whale Fin, was rebranded as S.BLOX Co., Ltd. It has plans to expand its crypto-related services in collaboration with Sony. Amber Japan
Polkadot is currently gaining traction with its price surging above $5.25 and showing potential to reach $6. Meanwhile, Sei’s price has experienced a significant decline, dropping 35.1% over the past month. Amid these fluctuations, BlockDAG is emerging as a strong contender among top altcoins. With its innovative consensus mechanism and
Victoria, Seychelles, 28th June 2024, Chainwire
In the ever-changing world of cryptocurrencies and blockchain, staying ahead requires more than intuition; it demands data-driven strategies. In an insightful interview with Navin Gupta, the CEO of Crystal Intelligence, we delve into the future of crypto, dissecting trends, regulations, and the pivotal role of analytics. Navin begins by explaining
Miami, FL, 21st June 2024, Chainwire
The Indian rupee dived 0.2% to an all-time low of 83.6512 against the U.S. dollar, surpassing the early low of 83.5750 hit in April, according to the Bloomberg-compiled prices. The current low was amid continuous foreign fund outflows in the equity market and the strengthening of the greenback. This decline
According to statistics compiled by CryptoQuant, the reserves held by Bitcoin miners have fallen to levels not seen since 2021. The value of the reserve that miners have not yet sold reveals the amount of bitcoin held by linked miner wallets; the quantity itself represents the reserve. After beginning the
After reporting a weekly outflow of $580 million last week, U.S. spot bitcoin exchange-traded funds (ETFs) continued net outflows on Monday. According to statistics from SoSoValue, the 11 bitcoin ETFs had a net outflow of $145.83 million on Monday. With Fidelity’s FBTC leading the way with a loss of $92
The CEO of Ripple (XRP), Brad Garlinghouse, has announced a significant partnership with ten separate nations to create their CBDCs. The specifics of these collaborations are still under wraps, but they all have one goal: to use Ripple’s blockchain technology to make the world’s financial institutions safer and more efficient.
The global crypto market started the weekend with a bearish trend, seeing its market cap dip to $2.42 trillion—a 0.74% decrease over the past day. In contrast, the total crypto market volume over the last 24 hours rose by 3.13%, reaching $71.94 billion. Bitcoin’s dominance slightly decreased to 54.05%, a
