News

Point72 Ventures, the early-stage venture fund backed by prominent investor Steve Cohen, has taken the helm in a groundbreaking $10 million Series A funding round for D2X, a Netherlands-based cryptocurrency derivatives exchange. The investment marks a significant milestone for D2X as it secures its position as the first entity in the European Union (EU) to

The recent surge in Bitcoin exchange-traded funds (ETFs) has captivated the attention of the financial world, with a monumental $1.05 billion net inflow recorded on March 12, as per data from SoSoValue. This surge signifies a groundbreaking moment in the realm of Bitcoin spot ETF trading, boasting a remarkable 56% increase from the previous high

Tensor, an innovative NFT marketplace leveraging the Solana blockchain, is embarking on a significant development journey by announcing the forthcoming launch of its governance token, TNSR. Established in 2022, Tensor has swiftly emerged as a key player in the NFT space, facilitating a staggering $2 billion worth of trades in Solana-based NFTs. This revelation arrives

As institutional interest in Bitcoin continues to rise, Ki Young Ju, CEO of CryptoQuant, has expressed concerns about the potential consequences of sustained inflows into spot Bitcoin exchange-traded funds. In a comprehensive thread, Ki warned of a looming “sell-side liquidity crisis” within the next six months, attributing the heightened institutional involvement to the remarkable success

PancakeSwap has officially introduced PancakeSwap V4, coupled with an enticing $3 million CAKE airdrop campaign. This strategic move is geared towards not only rewarding existing users but also enticing newcomers to explore the enhanced features of the upgraded platform. The airdrop, available on a first-come, first-served basis, serves as a celebration of PancakeSwap’s commitment to

Bitcoin’s price surged above $72,000, hitting an all-time high on Monday. Investors are closely monitoring pivotal movements and strategic investment shifts in the cryptocurrency market. Notably, BlackRock’s iShares Bitcoin ETF has emerged as a dominant force, surpassing MicroStrategy with an impressive accumulation of 195,985 bitcoins. This significant growth, fueled by institutional interest and the introduction

The Financial Conduct Authority (FCA) in the United Kingdom has decided to grant approval for recognized exchanges to introduce crypto asset exchange-traded notes (cETNs). However, this regulation comes with a significant restriction, as these financial instruments will only be accessible to professional investors, including investment firms and authorized credit institutions. The FCA, in its announcement

The recent surge in Bitcoin’s value, pushing it near $70,000 with a nearly 2% increase on Sunday, has ignited speculation and interest within the cryptocurrency community. This uptick in Bitcoin’s price has not only raised questions about its potential trajectory but has also triggered various developments in the broader crypto landscape. One significant occurrence is

The decentralized finance (DeFi) sector has recently achieved a remarkable feat, surging past the significant milestone of $100 billion in total value locked (TVL) within DeFi protocols. This notable accomplishment, reported by prominent DeFi statistics data provider DefiLlama, is largely attributed to the renewed fervor surrounding Bitcoin and the introduction of spot Bitcoin exchange-traded funds

Fairshake, a well-endowed political action committee (PAC) buoyed by substantial funding from major cryptocurrency players such as Coinbase, Ripple Labs, and Andreessen Horowitz, is strategically positioning itself to play a pivotal role in key Senate races. With an impressive $85 million war fund, Fairshake has already demonstrated its financial influence by allocating over $10 million