Cryptocurrency & Blockchain News

SEGG Media Launches $300 Million Digital Asset Initiative Focused on Bitcoin

SEGG Media is initiating a $300 million investment in digital assets, focusing on Bitcoin and other cryptocurrencies for enhanced treasury yields.

Core Scientific Shareholders Reject Merger with CoreWeave

Core Scientific shareholders voted against the merger with CoreWeave, citing undervaluation concerns amidst pursuit of independent growth.

Nordea Expands Traditional Banking with Bitcoin-Linked ETPs

Nordea is enhancing customer access to Bitcoin investments through trading of Bitcoin-linked ETPs on its platforms.

Uphold Relaunches Its XRP Debit Card with Enhanced Rewards for U.S. Users

Uphold reintroduces its XRP debit card in the US, offering users up to 6% XRP rewards on daily purchases.

MegaETH’s Token Auction Surpasses $1.4 Billion, Boosting Valuation to $27.8 Billion

MegaETH’s token auction raised over $1.4 billion, pushing its valuation to $27.8 billion, highlighting the demand for Ethereum layer 2 solutions.

Bybit Suspends New User Registrations in Japan to Align with Regulatory Requirements

Bybit is halting new user registrations in Japan to align with local regulations, while existing users can continue using the platform.

Bitcoin Spot Trading Sees Significant Surge in October

October 2023 marked a peak in Bitcoin spot trading volume, indicating renewed market participation amid improved trading conditions.

US Lowers Tariffs on Chinese Imports - Impacts and Insights for Investors

The US has reduced tariffs on Chinese imports to 47% as part of trade negotiations, aiming to improve economic relations.

Institutional Outflows Highlight Market Volatility in Bitcoin ETFs

Institutional clients sold $396 million in Bitcoin, showcasing a significant outflow linked to market volatility and economic signals.

Fight Fight Fight LLC in Talks to Broaden Business through Acquisition of Republic's Crowdfunding Division

Fight Fight Fight LLC is negotiating to acquire Republic's US crowdfunding business, expanding its operations beyond meme coin issuance.

OpenAI Takes Strategic Steps Toward a Potential $1 Trillion IPO

OpenAI is set for a potential $1 trillion IPO, restructuring into a benefit corporation to advance AI innovation and growth.

ConsenSys to Pursue IPO with Support from Major Banking Institutions

ConsenSys plans to launch an IPO with JPMorgan and Goldman Sachs, highlighting a milestone for blockchain companies in public markets.

Mastercard Plans Major Acquisition of Crypto Infrastructure Provider ZeroHash

Mastercard is set to acquire ZeroHash for nearly $2 billion, enhancing its crypto infrastructure and digital asset capabilities.

Solana Company's Holdings and Its Institutional Growth

Solana Company has increased its holdings to over 2.3M SOL, achieving a 7.03% APY and highlighting institutional interest in its network.

Impacts of Federal Reserve Chair's Speech on Cryptocurrency Markets

Federal Reserve Chair's speech leads to $300 million in crypto liquidations, highlighting market sensitivity to central bank actions.