The crypto market has revisited the bearish lane in the last few hours, as Bitcoin recedes to the $86,000 level. This has caused other altcoins to witness modest dips in the past day. Meanwhile, the DeFi sector has seen improvements over the last 24 hours, with projects shifting from L1
DWF Labs, one of the largest crypto market making and investing companies, announced a $250 million Liquid Fund initiative. The fund is set to speed up the growth of mid- and large-cap blockchain initiatives. It offers them not just capital, but also strategic support aimed at fostering sustainable growth in
Pakistan is considering Bitcoin mining as a way to use excess electricity and boost its economy. The proposal was discussed during the first meeting of the Pakistan Crypto Council (PCC) on March 21. Finance Minister Muhammad Aurangzeb chaired the meeting, attended by key financial and regulatory officials. PCC CEO Bilal
As global jurisdictions change to suit emerging crypto regulations, India too seems to change its approach towards digital assets. India’s Crypto Policy Re-Evaluation India had initially planned to introduce a consultation paper on crypto regulations following its 2023 G20 presidency. However, the government is now rethinking its approach due to
White House crypto and AI czar David Sacks recently met with Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE’s national security adviser, to discuss AI, digital currencies, and investment opportunities. The meeting signals deeper collaboration between the U.S. and the UAE in emerging technologies. I explored with @davidsacks47 , the
The KAVA price is trading in bullish territory above key moving averages, showing bullish momentum. On the daily technical chart, the Kava price is moving in an upward direction and staying above the 50-day and 200-day EMA levels. KAVA is surging, up approximately 11% in the last 24 hours. This
Kraken is finally set to acquire NinjaTrader in a $1.5 billion deal, which will expand its presence in the U.S. crypto derivatives market. The acquisition will grant Kraken access to Ninja’sTrader’s 1.8 million retail traders and a more regulated pathway into crypto futures trading in the United States. With NinjaTrader’s
Institutional investors are expressing record, with 83% saying they plan to increase their holdings this year, a Coinbase and EY-Parthenon report indicates. The survey, published on the Coinbase blog, surveyed 352 institutional decision-makers. And highlights mainstream adoption of digital assets is increasing as regulatory clarity rises and use cases expand.
Cumberland SG Pte. Ltd., the Asian arm of U.S.-based cryptocurrency trading firm Cumberland, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. While an IPA indicates MAS’s willingness to issue a license after certain conditions are fulfilled, it is not
The crypto market is getting ready for a big token unlocks this week, as more than $486 million worth of assets will be released. These unlocks, which consist of one-time large-scale distributions and daily continuous releases. Major One-Time Token Unlocks A number of high-profile projects are set for single-token unlocks,
