Trading platform Robinhood (HOOD) plans to introduce crypto products in Singapore this year pending the completion of its purchase of crypto exchange Bitstamp, Bloomberg reported on Tuesday. Robinhood agreed to buy Bitstamp in June and the $200 million acquisition is expected to close in the first half of the year. The launch of Robinhood’s crypto … Read more
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FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano struggles with stagnation, investors are turning to Panshibi, a rising meme coin with explosive growth potential and AI-powered utility. Several years ago, Cardano gained recognition as an alternative to Ethereum. Investors now … Read more
Both bitcoin and ether ETFs started the week positively, with net inflows of $66.19 million and $11.65 million, respectively. Fidelity’s FBTC led bitcoin ETF inflows, while Fidelity’s FETH was the primary contributor to ether ETF inflows. Bitcoin and Ether ETFs Kick Off Week With Positive Inflows After a challenging period of outflows, crypto exchange-traded funds … Read more
Recent data suggests that $XRP’s short-term rally might have reached an exhaustion point. Reasons for this include a lack of new bank partnerships and only partial regulatory clarity. However, the crypto’s weekly volume is still above $700M. Plus, the recent launch of Doppler Finance, the first DeFi protocol on the XRP Ledger, is undoubtedly a … Read more
A Chinese programmer sent about $6.8 million in ETH to burn addresses and donations, claiming corporations were using mind-control technology to enslave people.
Cardano (ADA) founder Charles Hoskinson has provided key updates on the network’s future developments, including the launch of Midnight, a privacy-focused blockchain, and efforts to improve Cardano Native Asset (CNA) support on exchanges. Hoskinson confirmed that Midnight will launch this year and will offer a new revenue stream for Cardano stake pool operators (SPOs). Operators … Read more
Having spent over a decade immersed in the cryptocurrency space, I’ve seen countless projects make grand promises—many touting revolutionary returns and cutting-edge decentralized technology. Today, however, a trend has emerged where “Bitcoin DeFi” or “BTCfi” projects present themselves as decentralized marvels using slick dApps, crypto lingo, and smart contracts. Yet behind the scenes, centralized actors … Read more
Yesterday, Tether (the $USDT stablecoin issuer) signed a Memorandum of Understanding (MoU) with Guinea to assist new crypto users from the African nation in exploring blockchain tech. The agreement is similar to one that Tether signed with Uzbekistan last year, which focused on providing new crypto users with information about Web3 education, innovation, and stablecoins. … Read more