The digital asset market experienced a substantial shakeup last week, as crypto funds saw an unprecedented $1.43 billion outflow. This exodus marks the largest since March and highlights […]
Galaxy Digital, Multicoin Capital, Jump Crypto Launch $1B Solana Fund
Major digital asset firms Galaxy Digital, Multicoin Capital, and Jump Crypto have joined forces to launch a $1 billion fund dedicated exclusively to Solana (SOL), with Cantor Fitzgerald […]
Webull Resumes Crypto Trading for U.S. Investors: A Look at the Benefits and Key Considerations
Webull, a popular online brokerage firm, will resume cryptocurrency trading services for its US customers on August 25, 2024. This major announcement comes after a temporary pause during […]
Galmed Pharmaceuticals Invests in Digital Assets: New Strategy Allocates Funds
Galmed Pharmaceuticals Ltd. (NASDAQ: GLMD) has taken a bold step forward by adopting a new digital asset management strategy. The company’s board of directors has officially approved this […]
SBI and Chainlink Team Up to Drive Digital Asset Adoption in Asia
Financial giant SBI Group has partnered with blockchain oracle network provider Chainlink to expand the adoption of digital assets in the Asia-Pacific region, particularly focusing on Japan. The […]
Galaxy Digital, Multicoin, Jump Crypto Join Forces for $1 Billion Solana Fund
Three major digital asset firms – Galaxy Digital, Multicoin Capital, and Jump Crypto – are teaming up to raise a substantial $1 billion to invest in Solana (SOL). […]
Heritage Distilling Embarks on $82 Million Token Buyback Initiative
Heritage Distilling has announced a significant initiative to repurchase its IP token, valued at $82 million, marking the company as the first Nasdaq-listed firm to embrace the $IP […]
RWA Tokenization Market to Reach $16 Trillion by 2030: A New Era in Finance
The RWA tokenization market is poised for a dramatic surge, potentially reaching $16 trillion by 2030. Driven by institutional adoption and regulatory advancements, this transformation promises significant impacts […]
SBI Group & Chainlink Partner to Revolutionize Institutional Digital Asset Adoption
A landmark partnership between SBI Group, one of Japan’s largest financial conglomerates, and Chainlink, the leading decentralized oracle network, is poised to dramatically accelerate institutional adoption of digital […]
IRS Crypto Leader Resigns After 3 Months
Trish Turner has stepped down as head of the IRS’s Digital Assets Division after just three months in the position. Turner, who brings over two decades of experience […]
Powell Links Bitcoin to Digital Gold, Igniting Market Activity
Federal Reserve Chair Jerome Powell’s recent comparison of Bitcoin to digital gold at the Jackson Hole Economic Policy Symposium sparked significant market activity. His remarks emphasized Bitcoin’s speculative […]
U.S. Establishes Strategic Bitcoin Reserve for Sovereign Asset Strategy
The U.S. has taken a significant step towards integrating digital assets into its financial strategy by establishing a Strategic Bitcoin Reserve. This landmark executive order, signed by President […]
U.S. Announces Bitcoin as a Strategic Reserve Asset
The United States has taken a significant step in shaping its future economic landscape by officially designating Bitcoin as a strategic reserve asset. This groundbreaking move, announced by […]
Cryptocurrency Market Shows Potential for Surge in Activity
While cryptocurrency markets enjoyed a relatively stable weekend, experts anticipate an increase in volatility as the week progresses. Frequent alerts about potential sudden price changes keep enthusiasts on […]
Japan Preps 20% Flat Tax for Crypto Gains, Aiming for a Stronger Digital Asset Market
To boost its crypto market competitiveness and attract more investment, Japan’s Financial Services Agency (FSA) is proposing major reforms. A new flat tax of 20% will be imposed […]