Swiss PostFinance Bank Launches Ethereum Staking To Expand Crypto Offering

Digital assets are making inroads into the traditional banking space, at least in Switzerland. In an update, PostFinance AG, the Swiss state-owned bank, says it is offering staking services to digital asset holders. This offer is available to Ethereum (ETH) users for now. PostFinance Offers Ethereum Staking for Passive Income The offer will allow holders … Read more

Phantom Achieves $3 Billion Valuation Following $150 Million Funding Round

Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $3 billion valuation after raising $150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund influx, accelerating crypto adoption … Read more

Bitget and Jambo Collaborate on Satellite Launch Amid Funding Challenges for Blockchain Expansion

Bitget has announced a strategic partnership with Jambo, aiming to revolutionize decentralized communication through an ambitious satellite launch. Jambo is on a mission to secure $5 million via a token sale on Bitget LaunchX to enhance its blockchain ecosystem, which focuses on deliverability in emerging markets. Jambo’s CEO, James Zhang, expressed confidence in the project’s … Read more

China Q4 GDP beats estimates, US Dollar finds demand

Here is what you need to know on Friday, January 17: Markets remain in a cautiously optimistic mood, digesting the stronger-than-expected Chinese growth and activity data, while staying nervous before US President-elect Donald Trump’s inaugaration and amid looming tariffs. China’s economy expanded by 5.4% in the fourth quarter of 2024, exceeding the market’s expectation of … Read more

GBP/JPY falls to near 189.50 following disappointing UK Retail Sales data

GBP/JPY weakened as the UK Retail Sales reported an unexpected 0.3% MoM decline in December. The Pound Sterling faced challenges as UK GDP fell short of the anticipated growth in November. Japan’s Kato voiced his expectation that the BoJ will manage monetary policy effectively to achieve the 2% inflation target. GBP/JPY extends its losses for the … Read more

US Lawmaker’s New Role Could Skyrocket America’s Digital Assets Sector

Tom Emmer’s new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom Emmer of Minnesota has been appointed Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The … Read more