South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outlet News1 reported, citing the NPS’ latest stock holding report to the U.S. Securities and Exchange Commission (SEC). NPS snapped up 282,673 shares at an average price of…
Stablecoins and central bank digital currencies (CBDCs), not crypto, will be part of the financial ecosystem in the future, the managing director of Singapore’s central bank said during his keynote at the Singapore Fintech Festival. “There are four contenders for digital money,” Ravi Menon said, naming them as privately issued…
Bitcoin will reach $40,000 – if not even $45,000 – by the year’s end, DeFi Research’s Markus Thielen said. Thielen explained that options market flows and dovish Fed expectations are likely to power the cryptocurrency higher into the year’s end. Bitcoin’s (BTC) bullish momentum will likely remain intact heading into…
Decentralized exchange PancakeSwap released its Gaming Marketplace on Wednesday, allowing developers to directly build, publish, and update games on the platform as it targets the niche gaming finance (GameFi) market. GameFi broadly refers to gaming applications using tokens to raise funds and incentivize growth. Some of these projects, such as…
A Montenegro High Court has denied Terra founder Do Kwon’s appeal of a four-month prison sentence over charges of falsifying documents, according to a Thursday statement. The High Court “rejected as unfounded the appeals of” a lower court judgment, which sentenced Korean citizens Kwon and fellow Terra executive Han Chang-Joon…
Tokens based on the Bitcoin blockchain are emerging as the newest play among market participants after weeks of a bitcoin (BTC) price frenzy driven by expectations of an exchange-traded fund approval. The BRC-20 category of tokens has added some 21% as a sector in the past 24 hours. Infrastructure token…
The Monetary Authority of Singapore (MAS) plans to issue a “live” central bank digital currency (CBDC) for wholesale settlement, the central bank announced on Thursday. MAS said that the plan is part of a broader set of initiatives aimed at expanding trials of asset tokenization and setting up the infrastructure…
BlackRock (BLK), the world’s largest asset manager, has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF). This move follows last week’s corporate registration of that name and Nasdaq’s filing of a 19b-4 with the SEC…
The CEO of Dubai’s crypto regulator, Henson Orser, is set to be replaced by Matthew White, a partner at PwC, the Virtual Assets Regulatory Authority (VARA) said in an email. Bloomberg reported the change earlier, citing a statement from the regulator. Additionally, more than 12 crypto companies are set to…
A physical dogecoin (DOGE) token could reach Earth’s moon in a space payload mission planned by Pittsburg-based firm Astrobotic, Dogecoin developers said in an X post Thursday. “Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket on 12/23/2023,” Dogecoin developers…