Cardano Foundation Reveals $659 Million Treasury In ADA, BTC And Fiat
Cardano’s second annual Financial Insights Report lays bare the Foundation’s balance sheet and spending strategy for the first time on-chain, confirming a treasury worth $659.1 million split across ADA, bitcoin and fiat reserves. “As of 31 December 2024, the Foundation’s assets amounted to 659.1 million USD with 76.7% held...
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Filecoin Plunges 6% as Selling Pressure Increases, Crypto Market Retracts
Filecoin (FIL) crashed 5.6% in the 24-hour trading session from July 14 10:00 UTC to July 15 09:00 UTC, sliding from $2.66 to $2.51, according to CoinDesk Research’s technical analysis model. The model shows that the token posted a volatile 7.52% intraday movement. The slump in token of the...
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Function Raises $10M to Bring Yield to Bitcoin; Gets Backing From Galaxy Digital, Antalpha, and Mantle
Crypto infrastructure firm Function has closed a $10 million seed round led by Galaxy Digital (GLXY), with participation from Antalpha (ANTA) and Mantle, the company said in a press release on Tuesday. The round positions Function, formerly known as Ignition, at the forefront of a growing effort to unlock...
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Bitcoin’s Volatility Will Continue to Decline as Adoption Grows: Deutsche Bank
Bitcoin’s (BTC) volatility could continue to fall as mainstream acceptance grows and the cryptocurrency is adopted by companies, retail investors and governments, Deutsche Bank said in a research report on Tuesday. Excitement over upcoming legislation in the U.S. has spurred bitcoin’s recent rally, the german lender said, but it...
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Standard Chartered launches spot Bitcoin and Ethereum trading
The bank is rolling out the service to a select group of investors, positioning itself as the first major global bank to do so. According to a Tuesday Reuters report, Standard Chartered is launching spot trading for Bitcoin (BTC) and…...
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Standard Chartered Launches Institutional Spot BTC, ETH Trading
Standard Chartered has become the first internationally recognized financial heavyweight to launch direct spot trading for Bitcoin and Ethereum. The offering positions the UK-based institution at the forefront of regulated digital asset integration within traditional finance. Launch Mechanics and Client Access According to reports, the new service will allow...
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$150 Billion Wiped Out From Crypto Markets as Bitcoin Drops Below $117K: Market Watch
After several consecutive days of almost constant gains and a $15,000 run higher, bitcoin has finally started to correct and has dropped by over six grand since yesterday’s all-time high. The altcoins have followed suit, with substantial price declines from the likes of DOGE, BCH, SOL, SHIB, CRO, APT,...
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TAC mainnet goes live alongside native token launch
Layer1 blockchain TAC has simultaneously launched its public mainnet and unveiled its native token on major exchanges including Bitget, Binance Alpha and Bybit. According to a press release received by crypto.news, the public mainnet is currently live with major DeFi…...
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US Banks Release Joint Statement on Banking Services to Safekeep Crypto Like Bitcoin — Best Wallet’s Non-Custodial Wallet Offers Highly Secure Alternative
US banking regulators released a joint statement yesterday allowing banking organizations to provide safekeeping services for crypto like Bitcoin. A key point in the statement covers the management of crypto keys, including the generation of these keys and taking the necessary precautions when they are lost or compromised. Keys...
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U.S. Lawmakers Kick Off ‘Crypto Week’ With Three Key Bills on the Table
Today marks the start of the U.S. House’s first-ever “Crypto Week,” a move that puts digital asset legislation front and center in Washington. Lawmakers are gearing up to vote on a set of bills that could define how crypto is regulated in the years ahead. Congress Puts Digital Assets...
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