As Bitcoin hovers around the elusive $90,000 mark, the broader cryptocurrency market shows signs of cooling down. This phenomenon is marked by a noticeable decline in trading volumes, particularly on centralised exchanges. Recent data from CoinGecko highlights a 15.2% drop in daily trading volumes on Binance, the world’s largest crypto exchange. Bybit and OKX, two […]
Taurus and Chainlink Team Up for Secure Tokenised Assets
In a significant move aimed at transforming the landscape of digital finance, Taurus, a company backed by Deutsche Bank, has announced a partnership with Chainlink Labs. This collaboration seeks to enhance the adoption of tokenised assets among financial institutions. As the world of finance pivots towards digital transformation, this alliance is strategically positioned to address […]
Guggenheim Capital Launches $20 Million Digital Paper on Ethereum
In a significant move that underscores the growing intersection of traditional finance and blockchain technology, Guggenheim Treasury Securities (GTS) has announced the issuance of $20 million in Digital Commercial Paper (DCP) on the Ethereum platform. This milestone reflects an increasing institutional interest in secure blockchain solutions and highlights the potential for substantial growth in digital […]
Trump Uses Bitcoin in New York Bar Visit: A Strategic Engagement with Crypto
In a groundbreaking moment for cryptocurrency adoption, former President Donald Trump made headlines during a recent visit to PubKey, a cryptocurrency-themed bar in Manhattan. This event marked a significant milestone, as Trump became the first US president, past or present, to publicly use Bitcoin for a purchase. The transaction involved buying burgers ahead of a […]
Michael Saylor’s Firm Doubles Shares While Holding $15.8 Billion in Bitcoin
In a significant move reflecting confidence in the cryptocurrency market, MicroStrategy Inc., co-founded by Michael Saylor, has successfully raised $1.01 billion through the sale of convertible senior notes. This strategic maneuver highlights the firm’s commitment to expanding its Bitcoin holdings, allocating a substantial $458 million from this recent capital influx for additional Bitcoin purchases. As […]
Switzerland’s SIX Mulls Crypto Trading Platform for Institutional Investors
In recent developments, Switzerland’s SIX Group, which operates the Swiss stock exchange, is contemplating the launch of a cryptocurrency trading platform aimed specifically at institutional investors. This initiative comes at a time when the global cryptocurrency landscape is evolving rapidly, with established players like Binance, OKX, and Coinbase dominating the market. The proposed trading platform […]