Swiss crypto bank Sygnum AG has successfully raised 35 million Swiss francs ($41 million) to support its expansion and acquisition initiatives, aiming to strengthen its presence in new geographical areas. Sygnum Plans to Expand In Europe and Asia The funding round, led by asset manager Azimut Holding, values Sygnum at around 725 million Swiss francs […]

Ever since the approval of the spot Bitcoin ETF earlier this month, the Bitcoin price has faced selling pressure dropping 20% since then. As a result, the BTC price tanked all the way to $39,000 earlier this week. However, as the selling pressure continues, the Bitcoin whales have been buying every dip. Bitcoin Whales Buy […]

While the broader cryptocurrency market has been still consolidating, The Solana (SOL) price registers a 5.5% jump shooting all the way to $88.43 with a market cap of $38.2 billion. The SOL price jump comes as the Solana blockchain unveils a new token extension with the SPL standards. Is A SOL Price Revival on The […]

Crypto solutions company Bakkt Holdings said it is expanding cryptocurrency operations across new international markets. In a statement on Wednesday, Bakkt confirmed collaboration with existing clients, stock trading platform Hapi and digital brokerage SogoTrade. In Latin America, Bakkt is now live in Brazil and Guatemala, adding to its existing presence in Argentina and Mexico. It has launched […]

In response to accusations from JCapital Research, Bitcoin mining firm Hut 8 has denied claims of misconduct. On January 24, the company issued a statement refuting the allegations in JCapital’s January 18 report, which branded the firm’s activities as speculative and fraught with legal and ethical red flags. Hut 8’s counter-assertion emphasizes the reliability of […]

While the legal tussle between the United States Securities and Exchange Commission (SEC) and Ripple appears to be taking new turns with the recent arguments over access to financial statements and the discovery of the XRP sales, some of the whales are involved in big ticket transactions. Also Read: Important Updates of Ripple (XRP) Lawsuit: […]

Bitwise, a prominent cryptocurrency asset management firm, has become the first in the United States to openly reveal the Bitcoin address holdings of its spot Bitcoin exchange-traded fund (ETF). This pioneering step not only enhances the transparency of its operations but also marks a significant stride in aligning with the fundamental principles of blockchain technology. […]

The United States Securities and Exchange Commission (SEC) has delayed the decision on the spot Bitcoin ETF application from American multinational asset manager BlackRock. New Date for BlackRock’s Spot Ethereum ETF Unveiled The BlackRock spot Ethereum ETF dubbed the iShares Ethereum Trust will not get a decision on whether it is approved or denied until […]

In the wake of uncertainty surrounding the Mt. Gox bankruptcy proceedings, Adam Back, a prominent figure in the cryptocurrency sector, recently shed light on the situation, offering insights into the broader digital currency landscape. Adam Back’s Perspective on Mt. Gox’s Approach Adam Back, known for his influential role in the early development of digital currencies, […]

The U.S. Securities and Exchange Commission (SEC) has recently implemented a series of stringent regulations aimed at “special-purpose acquisition companies” (SPACs). These new rules, adopted with a 3-2 vote by the SEC Commission, significantly increase legal responsibilities for SPACs, particularly concerning the disclosure of projected earnings and other vital information. SPACs Under Scrutiny SPACs, often […]