Cryptocurrencies started the Tuesday U.S. session with a nosedive as headlines of escalating tension in the Middle East prompted investors to flee risk assets. Bitcoin (BTC), the largest digital asset by market cap, climbed to around $64,000 during European hours before quickly tumbling to $62,500 as Axios reported the White…
Flare (FLR) network, a layer one blockchain that builds decentralized data infrastructure, announced its monthly token burn on Thursday to ensure value addition to the community token holdings. According to the announcement, the Flare network burnt 66,293,390 FLR tokens as part of the 2.1 billion burn program to be distributed…
Cryptocurrencies sharply tumbled on Wednesday as rising geopolitical risks captivated investors’ attention after the conclusion of the July Federal Reserve meeting. Bitcoin (BTC) dropped to $64,500 from around the $66,500 level where it traded following Federal Reserve Chair Jerome Powell’s press conference, and was down more than 2% over the…
Hex Trust says it has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution License. This has been a multi-year process for the custodian, but will be well worth it as regulation is the future, its CEO Alessio Quaglini said in an interview. Crypto custodian…
The data-focused blockchain Flare has been integrated into the cross-chain messaging platform LayerZero. The move allows Flare to access Layer 1 networks such as Ethereum and Solana, in addition to over 70 other blockchains. The more than 50,000 decentralized applications that have added support for Flare can now use Flare,…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin and the broader cryptocurrency market are choppy ahead of the release of finalized U.S. gross…
Crypto and decentralized finance wallet provider Fordefi said Wednesday it is expanding to the booming Indonesian market with powering local cryptocurrency trading platform Pintu’s web3 wallet offering. The move is part of Fordefi’s plan to introduce its offering, mostly used by institutional participants such as Pantera Capital and market maker…
Ripple Labs has recently filed a trademark for “RLUSD,” which is speculated to be the ticker symbol for its proposed dollar-based stablecoin. The application was filed on May 7 to the U.S. legal database Justia. Although Ripple has not officially announced the move, the crypto community is abuzz with discussion…
The ETPs will be available only to professional investors and carry fees of 35 basis points. The FCA recently relaxed its stance on such products, having banned them in 2020. SEC Asking for Ether ETF Filings Update Is ‘Somewhat Surprising’: Legal Expert MOG Rallies on Anticipation of Spot Ether ETF…
Donald J. Trump’s presidential campaign on Tuesday began accepting crypto donations, making good on the presumptive Republican nominee’s pledge to become the first major party candidate to embrace bitcoin, ether and other digital currencies. The move comes weeks after the former president declared himself crypto’s candidate at a Mar-a-Lago gala…