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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Market watchers have taken notice of Bitcoin’s recent price swings after a notable surge in transactions from affluent individuals. Market observers think that this might lead to a brief price spike, even while larger economic worries still throw a…
Weekly recap: last week, there were many significant developments in the crypto and NFT markets, shaping investor sentiment and market trends. These events highlight the evolving landscape of crypto, DeFi, and NFTs.SEC delayed XRP ETFOn Tuesday, the U.S. Securities and Exchange Commission (SEC) delayed its decision on Grayscale’s XRP ETF application. This move was not unexpected, as the SEC continues to grapple with classifying XRP as a commodity or security. Market sentiment took a hit, with XRP prices XRP dipping slightly as traders expressed disappointments. The delay prolongs uncertainty for investors, amid a similar fate for other crypto ETFs like…
Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.” It will also specialize in institutional-grade offerings that will help bridge traditional finance with DeFi opportunities. The Converge blockchain is announced at the Tokenize NYC conference on March 17. Source: CointelegraphConverge will launch with various product offerings, including Ethereal, Morpho, Maple Labs, Pendle and Aave Labs’ Horizon. Converge’s…
The firm behind Ethena protocol and creator of USDe stablecoin, Ethena Labs has launched a new blockchain called Converge to serve for institutional DeFi products. This newly unveiled blockchain is an EVM compatible settlement layer, launched in partnership with Securitize – the tokenization firm responsible for launching BUIDL fund for BlackRock. As per Ethena Lab’s official announcement, the vision for Converge is to provide a purpose built settlement layer where TradFi will merge with DeFi, centered on stablecoins USDe & USDtb. The protocol primarily seeks use of Converge for settlement for spot and leveraged DeFi trading and storage for tokenizing…
The Shiba Inu weekly price action laid out a strongly bearish bias. The lower timeframe chart highlighted two key Fibonacci retracement levels to watch. Shiba Inu [SHIB] had fallen below a key long-term level last week but was trying to find its way back above. However, the price action in recent months meant the higher timeframe bias remained bearish. The Bitcoin [BTC] range formation in December began the SHIB movement downward. Other events saw the bullish conviction in memecoins eroded, a trend that has not yet halted. Shiba Inu bulls likely to have a hard time Source: SHIB/USDT on…
Shiba Inu ($SHIB) has been making waves with a considerable price upsurge over the past 24 hours. At the moment, $SHIB’s price level accounts for a 1.47% increase during the recent twenty-four hours. Irrespective of the slight dips, $SHIB has an overall bullish momentum. Hence, its price is gradually moving upward despite minor plunges. Based on this, the well-known meme coin has a substantial potential to perform a price upsurge in the near term. Shina Inu ($SHIB) Price Value At the time of writing, on March 17th, Shiba Inu ($SHIB) is changing hands at $0.00001318. This suggests a cumulative 1.47%…
Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.” It will also specialize in institutional-grade offerings that will help bridge traditional finance with DeFi opportunities. The Converge blockchain is announced at the Tokenize NYC conference on March 17. Source: CointelegraphConverge will launch with various product offerings, including Ethereal, Morpho, Maple Labs, Pendle and Aave Labs’ Horizon. Converge’s…
Q2 is around the corner, and smart money analysts are taking bets on promising presale cryptocurrencies to maximize their gains.However, two names continue to come up in conversations about the leading crypto presales: Best Wallet token and Solaxy.Both projects are experiencing substantial growth in their fundraising rounds, with Best Wallet token raising $11 million and Solaxy raising $26 million.So what is it about these two projects that makes them a favorite with industry experts and investors alike?Best Wallet to Revolutionize Crypto StorageBest Wallet is a new cryptocurrency wallet that supports over 60 blockchains and is packed with innovative features. The…
Ethena Labs and Securitize have announced the incoming launch of Converge, a blockchain tailor-made for DeFi and tokenized assets. The incoming blockchain has a deep pool of partners angling to roll out offerings with parties eyeing a Q2 launch. Converge Blockchain Set To Onboard An Avalanche Of Institutional Capital According to a press release, Ethena Labs and Securitize are proceeding with the launch of Converge. The joint project will serve as a settlement layer for institutions seeking to explore decentralized finance (DeFi) offerings. At the heart of the Converge blockchain will be Ethena’s USDe and Buidl’s USDtb with parties eyeing…
Key Takeaways: The ETF targets companies with substantial Bitcoin reserves. It employs capped weighting and quarterly rebalancing to limit volatility. This approach signals a notable shift in corporate treasury strategies. Bitwise Asset Management has launched the Bitwise Bitcoin Standard Corporations ETF, trading under the ticker OWNB. The exchange-traded fund is designed to expose investors to companies holding significant Bitcoin reserves as part of their corporate treasury strategies.The ETF follows the Bitwise Bitcoin Standard Corporations Index, which tracks firms integrating Bitcoin into their financial holdings.Bitwise ETF Targets Companies Using Bitcoin as a Treasury ReserveAccording to Bitwise, the ETF aims to capitalize…