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Search Results for: crypto market

7 Million Adults in the UK Now Own Crypto

Financial Conduct Authority (FCA) has revealed that 12% of UK adults now own crypto assets, marking a rise from 10% in 2022. BaseFCA’sa survey of 2,199 UK adults, the FCA’s latest research highlights an unprecedented growth in cryptocurrency adoption, with over seven million UK residents now holding digital assets, up

November 26, 2024 3 mins read

Why Did CZ Call the Memecoin Market ‘Weird’?

Changpeng Zhao, the founder and former CEO of Binance, expressed his concerns over the growing popularity of meme coins, calling the trend “a little weird” in a statement made on Tuesday. Zhao’s comments come at a time when meme coins see explosive gains in 2024. However, the rise of meme

November 26, 2024 2 mins read

Justin Sun Becomes Largest Investor in Trump’s Crypto Venture

Justin Sun, the founder of the TRON blockchain, has become the largest investor in Donald Trump’s crypto project, World Liberty Financial (WLFI), with a $30 million investment. Sun acquired 2 billion WLFI tokens at $0.015 each through a wallet linked to HTX (formerly Huobi), the crypto exchange he controls. Announcing

November 26, 2024 2 mins read

Ripple and Archax Launch UK’s First Tokenized Money Market Fund on XRP Ledger

Ripple and Archax have achieved a significant milestone in financial innovation by launching the UK’s first tokenized money market fund on the XRP Ledger (XRPL). The initiative involves tokenizing a portion of abrdn’s $3.8 billion US Dollar Liquidity Fund (Lux), marking a crucial step toward blockchain integration in traditional finance.

November 26, 2024 1 min read

Trust Wallet Integrates Binance Connect, Simplifying Global Crypto Access

In order to simplify access to digital assets and improve the user experience, Trust Wallet, which is the leading self-custody Web3 wallet in the world and is trusted by more than 140 million users, has integrated Binance Connect, which is Binance’s official gateway for converting fiat currency to cryptocurrency. Within the context

November 25, 2024 3 mins read

XRP Surges After Ripple Unveils First-Ever Tokenized Money Market Fund

Today, Ripple, the leading digital asset infrastructure provider, has teamed up with Archax, the first UK-based FCA-regulated digital marketplace, and asset manager ABRDN PLC to launch the first-ever tokenized money market fund on the XRP Ledger. Today, in partnership with @ArchaxEx and @abrdn_plc, we’re excited to announce the first tokenized

November 25, 2024 1 min read

Hong Kong’s ZA Bank Opens Crypto Trading for Retail Investors in Asia

ZA Bank, Hong Kong’s largest digital bank, has become the first bank in Asia to offer direct Bitcoin (BTC) and Ethereum (ETH) trading services through its platform. The service has been officially launched on November 25, 2024.  This facilitates users to trade the two major cryptocurrencies using Hong Kong dollars

November 25, 2024 2 mins read
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