Cryptocurrency firm Galaxy Digital is planning a big move: going public on the Nasdaq stock exchange. The company aims for a May 16th listing, but first needs shareholder approval on May 9th. Going Public on Nasdaq CEO and founder Mike Novogratz expressed excitement about the potential Nasdaq listing. He believes it will help Galaxy better…
Glassnode, a cryptocurrency analytics firm, says Bitcoin’s current price surge looks pretty solid. Strong Buying, Weak Selling Their analysis shows that new investors and those jumping on the bandwagon are actively buying, while those selling for profit aren’t overly active. This suggests continued demand without a significant drop in price, supporting the rally’s longevity. Institutional…
Ethereum is making headlines again, showing some serious bullish strength. But will this rally last? Experts are watching closely to see if it can break through a key price point. A Crucial Price Point: $2,200 Ethereum has been doing well lately, climbing back above $1,800. But the next big test is $2,200. According to Rose…
Bitcoin’s been stuck between $92,000 and $96,000 lately, leaving both buyers and sellers frustrated. This tight range probably won’t last long – a breakout is expected, leading to a big price swing either up or down. The Bullish Case: Room to Grow A break above $100,000 would be huge for Bitcoin bulls, signaling a new…
The XRP ETF world is buzzing with speculation, but let’s clear up some confusion. No XRP ETF Launch on April 30th Reports of a ProShares XRP ETF launching on April 30th were false. Both ProShares and Bloomberg analyst James Seyffart confirmed there are no immediate plans for a launch. While a launch is expected eventually,…
Australia’s financial watchdog, AUSTRAC, is cleaning up the crypto space by targeting inactive exchanges. They’re essentially saying, “Use it or lose it!” Inactive Exchanges Get a Warning AUSTRAC has noticed many of the 427 registered Australian crypto exchanges are basically abandoned, yet still listed. CEO Brendan Thomas issued a stern warning: These inactive companies need…
Arthur Hayes, the founder of BitMEX, recently shared his insights on choosing promising crypto protocols. He’s looking for specific characteristics that he believes indicate strong investment potential. Two Key Features Hayes Looks For Hayes focuses on two main things when evaluating crypto protocols: Real User Spending: He wants to see evidence that users are actively…
STEPN, a popular Web3 fitness app, and the Argentina Football Association (AFA) have announced a major partnership. This two-year deal brings together a leading Web3 platform with one of the world’s most celebrated football teams. A Winning Combination STEPN, boasting over 5.7 million users, rewards users for physical activity with digital assets. The AFA, fresh…
TRON’s popularity is skyrocketing, with a massive influx of stablecoins driving its growth. Stablecoin Surge on TRON Data from Lookonchain shows a staggering $2.17 billion increase in USDT and USDC on the TRON network over just seven days. This follows significant increases in the preceding weeks: $623 million the week before, and $1.52 billion the…
BYDFi, a global crypto exchange, and Ledger, a leading hardware wallet provider, joined forces to release a limited edition Ledger Nano X at the TOKEN2049 Dubai conference. Free Wallets at TOKEN2049 The special edition wallet, featuring BYDFi branding, was given away to attendees who participated in activities at the BYDFi booth. This collaboration highlights both…
