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Search Results for: Ethereum

Bitcoin Bulls Drive Price Near All-Time High Amid ETF Inflows

Bitcoin’s current price stands at $72,437.22, reflecting a 2.15% increase in the past 24 hours. Its market cap has risen to $1.43 trillion, with a daily trading volume of $53.39 billion, marking a significant 14.90% increase. The market cap-to-volume ratio is 3.77%, signaling solid interest in BTC trading.  Yesterday, Bitcoin

October 30, 2024 2 mins read

Florida’s CFO Advocates Bitcoin to Diversify State Pension Fund

In a recent letter, Jimmy Patronis, Florida’s CFO, requested that Bitcoin and other digital assets be considered part of the state’s pension fund. It addressed Chris Spencer, the Executive Director of the Florida State Board of Administration.  Moreover, the letter emphasized Florida’s position as a leader in economic growth, persuading

October 30, 2024 2 mins read

CME Group’s FCM Approval Sparks CFTC and FIA Market Concerns

On October 29, the CME Group, a leading player in the derivatives marketplace, received approval from the National Futures Association (NFA) to establish its own Futures Commission Merchant (FCM). The granted approval allows CME Group to manage customer accounts directly and deepen its role in futures trading.  Yet, this move,

October 30, 2024 1 min read

Space and Time Labs Launches SXT Chain Testnet

Space and Time Labs, a Microsoft-backed firm that recently raised a $20 million Series A, announced today that SXT Chain, a blockchain designed to give zero-knowledge (ZK)-proven data to smart contracts, is currently live on testnet. The next generation of DeFi will be powered by SXT, ZKsync, Chainlink, and Microsoft, which will provide

October 30, 2024 4 mins read

Binance Unveils Pioneering Solution for Wealth Managers Via Binance Wealth

Binance Wealth, the first crypto exchange technological solution for wealth managers, was unveiled today by Binance, the global blockchain ecosystem that more than 230 million people globally trust. Similar to conventional wealth management, Binance Wealth gives wealth managers the ability to supervise their clients’ onboarding and provide investment recommendations. This way, customers

October 30, 2024 2 mins read

Gaia Partners With EigenLayer To Bring Powerful AVS Security To Decentralized AI

By integrating Gaia’s AI Agent deployment framework with EigenLayer’s AVS security, developers can now build more secure, robust, incentive-aligned AI systems. Gaia, a decentralized, open-source AI infrastructure platform, is partnering with EigenLayer to integrate Gaia’s AI services with EigenLayer’s Active Validator Services (AVS) framework. This collaboration will enhance AI inferencing,

October 29, 2024 3 mins read

Toncoin (TON) Price Risks a Steep Slump to $2: Here’s Why

As of now, Toncoin (TON) is sitting at $5.22. However, there is increasing bearish pressure, which suggests that the price of TON could drop to the $2 range. Several underlying reasons, both technical and market-based, are contributing to this falling trend, as investors are becoming disillusioned with the prospects of

October 29, 2024 4 mins read

Crypto.com Flips Coinbase Global in Trading Volume Across North America

Crypto.com has significantly grown digital asset trading in 2024, surpassing Coinbase Global Inc. in trading volumes across North America. The firm recorded a monthly spot trading volume of $134 billion in September.  This marks a significant surge from $34 billion in July, nearly a fourfold rise in two months. Collectively,

October 29, 2024 1 min read
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