Crypto News Center

Time to Buy Cardano? $186 Million ADA Flows Out of Exchanges

ADA, the native token of the Cardano blockchain, is poised for upside momentum as it has formed a bullish price action pattern on the daily time frame. Today, December 11, 2024, ADA has soared more than 8% after yesterday’s price decline of over 23%. Whales’ Rising Interest in ADA This notable shift in price occurred potentially due to the interest and confidence of investors and long-term holders in Cardano. It...

Organizations aren’t adopting blockchain? Study reveals why

Homepage > News > Business > Organizations aren’t adopting blockchain? Study reveals why Blockchain adoption has gradually increased over the years. However, at the enterprise level, this adoption has been sluggish, and according to a new report, it’s due to the technology over-promising and under-delivering. In their paper, four researchers from the University of Surrey and Cardiff University delved into enterprise blockchain adoption and some of the main hurdles preventing...

Grayscale Launches Trusts Based on Lido DAO and Optimism

Grayscale announced today that it’s offering two new investment vehicles – a Trust based on Lido DAO (LDO) and one on Optimism (OP). Both these trusts are currently available. The firm claimed that Lido DAO and Optimism have similar potential to contribute to Ethereum’s blockchain ecosystem. Both assets have also undergone similar price trajectories in the past year. Grayscale Creates New Trusts Based on 2 Altcoins Grayscale, one of the...

Avalanche (AVAX) Raises $250 Million as TVL Hits 2-Year High

Avalanche Foundation has raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. AVAX prices gained nearly 9% after the announcement to trade at $52.80. As the crypto market takes a breather following Bitcoin’s solidification above $100,000, AVAX seems to be gearing up for a rally. Avalanche Raises Funds Ahead of Upcoming Network Upgrade Avalanche Foundation announced that over 40 investment firms participated in...

Circle and Binance team up to boost global USDC adoption

Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users Circle will help Binance build relationships across the finance and commerce landscape Circle’s USDC is compliant with stablecoin regulations in Europe and Canada Binance and Circle have entered a partnership designed to boost the adoption of the stablecoin USDC while supporting the development of global digital assets and a broader...

WhiteBIT and Visa launch crypto debit card with cashback

The WhiteBIT Nova card allows EU users to spend crypto directly with no conversions. The debit card offers up to 10% BTC/WBT cashback with customizable daily spending categories. Backed by Visa, the debit card supports Apple Pay, with €10K daily and €25K monthly limits. WhiteBIT, one of Europe’s largest cryptocurrency exchanges and a partner of FC Barcelona, FC Trabzonspor, ESL Faceit, and Visa, has introduced the WhiteBIT Nova, a debit...

FX Guys vs. Virtual: Which Token Is Poised for Bigger Gains?

As the cryptocurrency market evolves, FX Guys ($FXG) and Virtual Protocol (VIRTUAL) have risen as notable altcoins showcasing impressive growth. FX Guys appeals with a trade-to-earn concept and impressive presale, while Virtual Protocol surged 43% after its exchange was listed. The sharp growth of both tokens proves they are both promising, so which one has the potential to perform even higher in 2024? FXGuys has attracted investors looking for the...

Ethereum Poised for New All-Time High in Q1, Says Analyst

Ethereum has breached US $4k once again and may be on its way to a new all-time high, according to several industry analysts. Global crypto exchange Bybit reported that Ethereum is experiencing strong derivatives interest, and they expect the token to surge to new heights as soon as Q1 2025. Ethereum has also experienced an uptick in activity, with the network seeing an average of 130k new addresses every day...

Bitcoin eyes $103K: Will the Fed Rate propel or plunge BTC?

Journalist Posted: December 16, 2024 Share this article BTC price could hit $103K, driven by liquidity sweep.  A likely uptick in global longs could mark a potential BTC reversal and bull trap.  For the past few days, Bitcoin [BTC] has stayed above $100K, but its next direction could be triggered by the Fed rate cut decision.  After last week’s U.S. inflation and labor data, the market was pricing a 96%...

Solana ETFs: The Next Big Bet for Institutional Investors

You are here: Home / News / Solana ETFs: The Next Big Bet for Institutional Investors Key Takeaways: Solana (SOL) could see ETF approval alongside XRP after legal clarity emerges under a new SEC administration. Bitwise has launched a SOL staking ETP in Europe, offering competitive staking rewards. Solana staking infrastructure advancements hint at future integration into US-based spot ETFs. A surge in cryptocurrency ETFs is expected next year, with...