Bitwise Asset Management has taken a notable step in aligning its financial success with the growth of the cryptocurrency ecosystem by fulfilling its pledge to reinvest part of its Bitcoin (BITB) and Ethereum (ETHW) ETFs’ profits. The firm recently announced donations totaling $250,000, including $150,000 to Bitcoin-centric non-profit organizations like Brink, OpenSats, and the Human Rights Foundation (HRF), and $100,000
The world of blockchain technology is undergoing a remarkable transformation as decentralized autonomous organizations (DAOs) like Arbitrum increasingly embrace real-world asset (RWA) investments. Recently, Arbitrum DAO made headlines by allocating $15.5 million into tokenized stable assets as part of its Stable Treasury Endowment Program (STEP) 2.0. This move represents a significant commitment to diversifying the DAO’s treasury and capitalizing on
Hong Kong’s Securities and Futures Commission (SFC) has recently unveiled a comprehensive cryptocurrency regulatory roadmap, aiming to position the city as a leading hub for the crypto industry in Asia. This ambitious plan seeks to balance innovation with investor protection, attracting both local and international investors to the market. Given the rapid growth of the cryptocurrency sector, the SFC has
In the volatile world of cryptocurrency, significant investments often have a profound impact on market sentiment and investor confidence. Recently, the staking of 87,328 SOL tokens, valued at approximately $14.8 million, by a prominent Solana investor known by the wallet address Guf5kl has ignited optimism in the market. This significant move has captured considerable attention, especially given the backdrop of
The re-election of Donald Trump in the U.S. Presidential Election of November 2024 has significantly impacted the cryptocurrency market, sparking unprecedented growth and optimism among investors. On January 20, 2025, the day of Trump’s inauguration, Bitcoin reached an all-time high of $109k, reflecting the heightened excitement and anticipation of potential favorable policies towards digital currencies. This surge in Bitcoin’s value
Blockchain technology, a groundbreaking innovation of the 21st century, is most famously known as the backbone of cryptocurrencies like Bitcoin and Ethereum. However, its applications extend far beyond digital currencies. This decentralized, transparent, and secure framework is disrupting traditional systems and industries, introducing new ways of conducting business, managing data, and ensuring trust. The transformative power of blockchain lies in
In a dramatic turn of events, the international crypto fund sector has experienced an unexpected and significant downturn as investors reacted to the US Federal Reserve’s stringent monetary policy and higher-than-expected inflation rates. Last week alone, the sector saw a staggering $415 million in outflows, marking the end of a five-week streak of consistent inflows. This sudden retreat is a
Bitcoin has recently faced significant market challenges, struggling to maintain its price above the crucial $100,000 mark. Bitcoin’s volatility remains a significant concern for both retail and institutional investors. As the cryptocurrency space continues to evolve, these two groups exhibit markedly different behaviors, which have far-reaching implications on market dynamics. The recent fluctuations in Bitcoin’s prices showcase a complex scenario
Utah has made significant strides in the realm of digital finance with the passage of the Bitcoin Strategic Reserve Bill, also known as H.B. 230. This landmark legislation, if enacted, would authorize the state treasurer to invest up to 5% of public funds in qualifying digital assets like Bitcoin and stablecoins. The bill, which has successfully advanced through the Utah
In the latest bid to boost its market performance, the Freya (FREYA) token, an in-game utility token for STARFALL CHRONICLES, is set to migrate from Coinbase’s L2 blockchain Base to the Solana network. This migration, expected to span a 10-day period, will unfold in two phases: a notification phase lasting three days to inform holders, followed by a seven-day token
NTT Digital Inc., a subsidiary of NTT DOCOMO GLOBAL INC., has taken a significant step in the blockchain industry by collaborating with Figment Inc., a leading provider of staking infrastructure. This strategic partnership is aimed at advancing blockchain staking initiatives and fostering the development of the Web3 ecosystem. NTT Digital plans to enhance the global blockchain infrastructure by strengthening its
The world of cryptocurrency trading is witnessing a significant evolution with the launch of NakamotoDEX, a decentralized exchange poised to transform the trading landscape by leveraging the unique attributes of the Stacks blockchain network. This innovative platform, meticulously designed to offer a seamless, transparent, and secure peer-to-peer trading experience, endeavors to integrate the unmatched security features of Bitcoin to ensure
