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HashKey Capital Launches First Investment Fund Tracking XRP in Asia HashKey Capital has unveiled the HashKey XRP Tracker Fund, positioning it as the first investment fund in Asia specifically designed to track XRP’s performance. This innovative offering allows professional investors to gain exposure to the digital asset without direct management and enhances Ripple’s strategic collaboration…
Bitcoin Prices Under Pressure Amid Political Uncertainty As Bitcoin hovers just below $85,000, escalating tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell are creating significant uncertainty in the market. Wednesday’s market dip, attributed to Powell’s hawkish comments, underscores the fragility of investor confidence in the face of growing political strife. Background…
Kyrgyzstan Moves Closer to Digital Currency with New Law Kyrgyzstan President Sadyr Japarov has signed new legislation that grants legal status to the proposed ‘digital som,’ bringing the country a step closer to possibly issuing its own central bank digital currency. The National Bank of the Kyrgyz Republic is set to commence testing this year…
LayerZero Secures $55M from A16z for Expansion LayerZero’s ZRO token price surged Thursday after Andreessen Horowitz’s crypto arm announced a $55 million investment in the interoperability protocol, solidifying its commitment with a three-year lock-up period. This investment marks a significant milestone in LayerZero’s journey as it aims to enhance cross-chain communication across 125 blockchains. Understanding…
The Impact of Global Economic Tensions on Solana As uncertainty looms over global trade policies, Solana (SOL) has shown resilience, rising over 4% amidst market volatility. Recent technical analysis indicates a critical support zone forming at $125-$127, positioning SOL favorably against broader crypto market fluctuations. Background and Context The recent surge in Solana’s price, rising…
Breaking News: Crypto Casino Founder Arrested Richard Kim, the founder of crypto casino Zero Edge, was arrested for allegedly gambling away millions of investors’ funds, highlighting a shocking case of fraud in the crypto industry. Background and Context The recent arrest of Richard Kim, the crypto casino founder arrested for fraud allegations, highlights significant concerns…
Unlocking Bitcoin Potential: Yield Strategies Explained In the evolving world of cryptocurrency, learning how to generate bitcoin yield without risks is becoming essential for long-term investors. Todd Bendell from Amphibian Capital discusses innovative BTC-on-BTC strategies to grow holdings beyond mere appreciation, while Rich Rines offers expert insights to Bitcoin developers. Don’t miss the upcoming Wealth…
VanEck Launches Groundbreaking ETF for Digital Asset Stocks In a significant development for the crypto investment landscape, VanEck has received SEC approval to launch its actively managed ETF for digital asset stocks, the Onchain Economy ETF (NODE), set to start trading on May 14th. This innovative fund aims to offer investors exposure to 30-60 strategically…
Daily Performance Updates of CoinDesk 20 Index Stay informed with the latest market movements as the CoinDesk 20 Index rises to 2468.7, reflecting a 1.2% gain since Wednesday. Leaders like BCH and NEAR are driving this surge, while APT and FIL show slight declines. Background and Context The daily performance updates of CoinDesk 20 Index…
Stellar Sets Ambitious $3B Goal for Real-World Assets by 2025 The Stellar Development Foundation aims to tokenize $3 billion in real-world assets (RWA) by the end of 2025, significantly increasing its current RWA value, with partnerships expanding to include financial giants like Franklin Templeton and Wisdom Tree. Understanding Stellar Blockchain Plans for Real-World Assets The…
