The crypto industry is on tenterhooks as it awaits the SEC’s decision on Bitcoin ETFs. Asset management firm VanEck has pledged to donate 5% of the profits from its spot Bitcoin ETF (if approved) to support core Bitcoin developers. Valkyrie’s filing for securities registration of its Spot Bitcoin ETF with the SEC has sparked anticipation […]
Bitcoin (BTC) whales are gradually cashing in on their investments in anticipation of the forthcoming ETF approval. Solana (SOL) and Ethereum (ETH) have also witnessed a fair amount of profit-taking in the market. Despite this, all these assets continue to demonstrate stable performance. In other news, Pushd (PUSHD) has embarked on a new phase of […]
In a significant move, a whale in the cryptocurrency market, known as ‘0x931’, has acquired $48 million worth of Ethereum. The purchase was made at an average price of $2,265 per coin, increasing their holdings to a substantial 80,000 ETH. The cryptocurrency has shown stability in its value, maintaining a price above $2,150 since the […]
In a significant development in the crypto market, Grayscale, a leading player in crypto-based OTC investment products, has made strategic changes to its portfolio. The return of XRP to the limelight is causing a stir in the market. In the latest quarter, Grayscale Digital Large Cap Fund has added $AVAX and $XRP, while $MATIC has […]
In a significant achievement, Arbitrum has surpassed Ethereum’s mainnet in trading volume, marking a milestone in the blockchain industry. This success is part of a broader surge in Arbitrum’s performance, with the blockchain achieving three all-time highs in total value locked (TVL), DEX volume, and the spot price of its native token, ARB, in the […]
Whale activity in the cryptocurrency market is making waves, with a staggering $780 million worth of major cryptocurrencies being moved. Bitcoin transactions make up nearly $500 million of this total, indicating a potential shift in the crypto landscape.These massive transfers include 3,167 BTC to Coinbase, 2,250 BTC between unknown wallets, and 1,815 BTC from Kraken […]
The fundraising of US venture capital firms has fallen to its lowest level in six years, putting pressure on start-ups. American venture capital firms raised $67 billion last year, the lowest annual value since 2017. This represents a 60% decline from the record $173 billion raised in 2022, according to an analysis by private market […]
The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These expansions are aimed at leveraging the bank’s close relationship with Switzerland and Europe to strengthen its presence in the market.According to a press release, the LLB branches in Germany began operations in January 2024 with a team […]
The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These locations were chosen to strengthen the bank’s close relationship with Switzerland and Europe.According to a press release, the LLB branches in Munich, Frankfurt, and Düsseldorf officially opened in January 2024 with a total of 20 employees. The […]
The forced sale of Credit Suisse (CS) to UBS has brought some stability to the troubled bank. However, the low sale price and the decision by the Swiss Financial Market Supervisory Authority (FINMA) to write off almost CHF 16 billion worth of contingent convertible bonds (AT-1 bonds) have caused an outcry in the financial market. […]
