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Latest news from the Web3 ecosystem

Bitcoin Price Retreats Below $74K Amid Shifting Trader Sentiment

Bitcoin Price Retreats Below $74K Amid Shifting Trader Sentiment

Bitcoin's recent surge past $74,000 has stalled, with the cryptocurrency now facing downward pressure as bearish forecasts gain traction among traders.

1 min read
Kraken's xStocks Unveils Cross-Chain Trading for Tokenized Stocks

Kraken's xStocks Unveils Cross-Chain Trading for Tokenized Stocks

Kraken's xStocks platform has launched xChange, a new service enabling the trading of over 70 tokenized stocks across Ethereum and Solana. This move aims to unify liquidity for digital securities.

1 min read
Bitcoin Dips to $71K Amidst Tech Stock Surge

Bitcoin Dips to $71K Amidst Tech Stock Surge

Bitcoin experienced a pullback towards the $71,000 mark on Thursday, diverging from the strong upward momentum observed in the software sector. This marks a notable shift from recent market correlations.

1 min read
NYSE Parent ICE Partners with OKX at $25B Valuation

NYSE Parent ICE Partners with OKX at $25B Valuation

Intercontinental Exchange, the parent company of the New York Stock Exchange, has entered into a strategic partnership with the cryptocurrency exchange OKX, which is valued at $25 billion.

1 min read
US Investigators Trace $61M in Crypto Linked to Romance Scams

US Investigators Trace $61M in Crypto Linked to Romance Scams

US authorities have successfully traced and frozen $61 million in cryptocurrency assets believed to be proceeds from sophisticated romance scams. The operation utilized advanced blockchain forensics and strategic stablecoin freezes.

2 min read
Cardano Payments Live at 137 Spar Stores in Switzerland

Cardano Payments Live at 137 Spar Stores in Switzerland

Cardano's native cryptocurrency, ADA, can now be used for purchases at 137 Spar supermarket locations throughout Switzerland, marking a significant step in crypto adoption.

1 min read
CoinDesk 20 Sees Broad Decline, XLM and LTC Underperform

CoinDesk 20 Sees Broad Decline, XLM and LTC Underperform

The CoinDesk 20 index experienced a widespread downturn, with Stellar (XLM) and Litecoin (LTC) among the notable decliners, reflecting a broader market weakness.

1 min read
Institutions Show Resilience Amid Bitcoin's Recent Downturn

Institutions Show Resilience Amid Bitcoin's Recent Downturn

Despite Bitcoin's recent price volatility, institutional investors have largely maintained their positions, with some even increasing their allocations, according to CoinShares.

1 min read
Core Scientific Secures Up To $1 Billion Loan Facility

Core Scientific Secures Up To $1 Billion Loan Facility

Core Scientific has finalized a significant financing agreement with Morgan Stanley, initially securing $500 million with an option to double the commitment.

1 min read
Revolut Pursues US Banking Charter Amid Global Expansion

Revolut Pursues US Banking Charter Amid Global Expansion

Fintech giant Revolut is making a second attempt to secure a US banking license, signaling a renewed commitment to the American market after an earlier bid fell short. This move aligns with its ongoing global growth strategy.

2 min read
US Bitcoin Reserve Lacks Acquisition Strategy One Year On

US Bitcoin Reserve Lacks Acquisition Strategy One Year On

One year after its inception, the US government's Bitcoin reserve has yet to implement a strategy for acquiring more Bitcoin, leaving its holdings unchanged.

1 min read
Bitcoin Bulls Dominate as $65K Support Level Looms

Bitcoin Bulls Dominate as $65K Support Level Looms

Bitcoin bulls have maintained control following recent price highs, with analysts pinpointing a potential retest of the $65,000 support level.

1 min read
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