Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant’s business associate Rich […]
Bitcoin (BTC) denied bulls their big break on Nov. 4 as sideways action dragged the market ever closer to $60,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC hodlers in “buy the dip” mode Data […]
Global crypto exchange Binance is starting a 100-million euro ($115 million) initiative to develop the blockchain and crypto ecosystem in France and Europe, Binance CEO Changpeng “CZ” Zhao announced in a talk with French Minister Cédric […]
Galaxy Digital’s assets under management (AUM) grew to over $3.1 billion in October from $2.2 billion in September, with its Ether-focused exchange-traded fund (ETF) cited as one of the main driving forces. The Mike Novogratz-led […]
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Throughout history, there have various iterations of sound money, from the Rai stones of the Yap islands to the gold standard. However, sound money has remained elusive over the last century following the proliferation of […]
Ethereum didn’t betray the expectations of its supporters. The second-largest cryptocurrency just hit an all-time high, jumping over $4,400 last Friday and topping that today to reach a new all time high. The record was […]
Leading blockchain analytics firm Chainalysis is opening its first Australian office in Canberra, coinciding with the news it has partnered with the Commonwealth Bank on its plans to offer crypto trading to 6.5 million app […]
Exchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a short bitcoin futures fund. On Tuesday, Direxion requested the SEC to withdraw the ETF application […]
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