In a decisive move that has reshaped its cryptocurrency strategy, Hong Kong-based online gaming company Boyaa Interactive has emerged as Asia’s largest corporate Bitcoin holder. The company recently converted 14,200 Ethereum (ETH), worth about $49.48 million, into 515 Bitcoin (BTC), bringing its total Bitcoin reserves to an impressive 3,183 BTC. ...
Bitwise Asset Management, a prominent crypto asset manager with over $11 billion in client assets, has expanded its investment offerings in the cryptocurrency space. The firm recently filed a proposal with the SEC to launch an exchange-traded product (ETP) combining exposure to spot bitcoin and ether, the two largest cryptocurrencies. ...
The Bitcoin price continues to rise, solidifying its dominance in the crypto market. Meanwhile, the ETF investment trend is gaining momentum at an unprecedented pace, with billionaire investors, including legendary investor Paul Tudor Jones, confidently betting on Bitcoin's future. These significant investments, reaching up to $150 million in Bitcoin Price ...
Switzerland-based crypto exchange-traded product provider 21Shares AG has introduced staking to its Ethereum Core ETP, rebranding it as the 21Shares Ethereum Core Staking ETP. In a November 19 press release, the company announced that the updated product enables investors to earn potential income through staking while continuing to maintain exposure ...
A top Wall Street expert recently made waves by declaring that missing ETFSwap (ETFS) today could be as costly a mistake as overlooking the SHIB explosive rise in 2021. Those who missed the SHIB early days surge passed up on a rare wealth-building moment, as early investors watched their holdings ...
Layer 2 blockchain network Eclipse, one of the most anticipated network launches of the year, officially went live for public use on November 7, after 11 months of beta testing. Eclipse is pioneering a hybrid approach that leverages the Ethereum mainnet's security and Solana's high-speed transactions. Specifically, it allows users ...
On November 7, the Ethereum Foundation launched a short-term testnet called Mekong, aimed at providing developers with a hands-on platform to explore upcoming changes on the Ethereum blockchain ahead of the Prague-Electra (Pectra) upgrade. Named after the Mekong River, which flows through Southeast Asian countries like Thailand, Cambodia, and Vietnam, ...
Altcoins could be in for a challenging period ahead if historical patterns in market cycles are repeated, according to crypto analyst and ITC crypto founder Benjamin Cowen. Cowen shared in a recent post on X that a significant "altcoin reckoning" could be approaching as trading pairs between altcoins and Bitcoin ...
In the final week of September 2024, decentralized exchanges (DEXes) on Solana saw a notable 45.74% increase in trading volume, surpassing $7.87 billion in total trades. This surge underscores Solana's growing prominence in the DeFi sector, especially in comparison to Ethereum, which registered a modest 1.3% rise over the same ...
In continuation of his series of posts about Ethereum's next growth phases, co-founder Vitalik Buterin has shared his vision for what "The Splurge" phase of the blockchain's development would look like. The Splurge is the sixth stage in Ethereum's development roadmap, and it is aimed at strengthening Ethereum against future ...
