Blockchain

MicroStrategy’s New 2X Leveraged ETF Attracts $72 Million in First Week

The T-REX 2X Long MSTR Daily Target ETF has seen $72 million in inflows in its first week, showcasing strong interest in leveraged Bitcoin exposure. MicroStrategy’s stock is outperforming Bitcoin and tech stocks, indicating its unique market position. In a notable debut, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has captured substantial investor

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Press Release

Block3 Finance: Pioneering Comprehensive Accounting and CFO Services in the Cryptocurrency World

In a rapidly evolving cryptocurrency landscape, Block3 Finance has carved a unique niche by offering industry-specific accounting, tax, and CFO services. With over 13 years of experience, the firm stands out as one of the few specializing in blockchain and cryptocurrency, led by a team with backgrounds in tax agencies, Big 4 accounting, and venture

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Blockchain

Retail Bitcoin Accumulation and Exchange Outflows Signal Bullish Market Sentiment

Small-scale bitcoin holders are increasing their positions, adding 35,000 BTC in 30 days, while exchange outflows of 40,000 BTC signal reduced liquidity, potentially setting the stage for future price growth. Recent data from the Bitcoin market reveals an intriguing trend of retail investor accumulation and significant exchange outflows, sparking optimism among traders and analysts alike.

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Blockchain

Huddle01 Aims to Disrupt Video Conferencing with $37M Node Sale: A Blockchain-Powered Zoom Alternative

Huddle01, a blockchain-powered video conferencing platform, aims to challenge Zoom and Google Meet by offering lower latency, privacy, and decentralization through a $37 million node sale, with its first sale starting in early November. Huddle01, a blockchain-based video conferencing project, is gearing up to compete with platforms like Zoom and Google Meet by leveraging decentralized

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Blockchain

Sky Reconsiders Offboarding Wrapped Bitcoin After Discussion with BitGo CEO

Sky, formerly MakerDAO, is reconsidering its plan to offboard Wrapped Bitcoin after BitGo CEO Mike Belshe clarified that Tron’s Justin Sun has limited influence over WBTC’s custody arrangements. Sky, the decentralized finance (DeFi) lender formerly known as MakerDAO, is reconsidering its recent plan to remove Wrapped Bitcoin (WBTC) as collateral following a dialogue with BitGo

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Blockchain

WazirX Hacker Nears Completion of Laundering $230 Million in Stolen Funds

The hacker behind the $230 million WazirX heist has nearly finished laundering the stolen funds using Tornado Cash, while WazirX struggles with recovery efforts amidst criticism for its crisis management. The hacker behind the infamous July hack of the WazirX cryptocurrency exchange, which resulted in the theft of over $230 million worth of tokens, is

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Blockchain

Bitcoin Surges Past $64,000 as Global Monetary Easing Expectations Rise

Bitcoin surged past $64,000 amid global monetary easing expectations, but it faces a critical resistance level at $65,000. Bitcoin (BTC) made a strong push past $64,000 during U.S. afternoon trading on Tuesday, riding the wave of expectations for continued monetary easing by global economies. This surge comes as traders begin to anticipate further rate cuts

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Blockchain

JP Morgan’s Onyx Blockchain Powers Siemens’ Digital Commercial Paper Settlement

Siemens and JPMorgan’s Onyx blockchain have completed a digital commercial paper transaction, marking a major milestone for blockchain’s integration into traditional finance. In a significant development for blockchain technology in traditional finance, German industrial giant Siemens AG recently partnered with JPMorgan’s Onyx blockchain platform to issue and settle tokenized commercial paper. The transaction marked a

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Blockchain

Monero Nears Critical Supply Zone at $180: Is a Breakout on the Horizon?

Monero (XMR) is nearing the critical $180 resistance level after two years of range-bound trading between $100 and $180. A breakout above $180 could signal a rally toward $260, but traders remain cautious, given previous failed attempts. Monero (XMR), the leading privacy-centric cryptocurrency, is edging closer to a significant supply zone at $180, a price

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Blockchain

Ether Outperforms Bitcoin as Token 2049 Wraps Up; Crypto Market Remains Flat

Summary: Ether edges out Bitcoin in daily gains as Token 2049 concludes, with Solana’s MOTHER memecoin seeing growth amid a relatively flat crypto market. Ether (ETH) posted higher gains than Bitcoin (BTC) as two of the largest cryptocurrency conferences, Token 2049 and Solana’s Breakpoint, concluded in Singapore. While ETH surged by 2.6%, trading above $2,600,

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