Category: NEWS

Grayscale launches investment fund for AVAX Token, fueling market surge

Grayscale launches Avalanche Trust, offering exclusive AVAX exposure for investors. AVAX price surged to $25.16, with a nearly 9% increase in Avalanche Open Interest. The new fund enhances Grayscale’s portfolio, aligning with its crypto strategy. Grayscale Investments, the world’s largest crypto fund manager, has announced the launch of a new investment fund dedicated to Avalanche […]

Aave spikes to 5-month high as Bitcoin tests area near $62k

Aave reached a five month high above $143 with a 14% spike. Bitcoin broke to above $61,800, with price gaining 4% amid fresh crypto resilience. Aave continued to outperform peers on August 21 with a sharp ascend to its highest level in five months. Meanwhile, Bitcoin price broke above $61,800 with a 4% surge in […]

Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt

Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt. Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news. Riot Platforms, holding 19% of Bitfarms, previously attempted a takeover in June. In a significant development within the cryptocurrency mining sector, Bitfarms (BITF), a leading Bitcoin mining company, has announced its acquisition […]

El Salvador launches civil servants Bitcoin certification, collaborates with Argentina

El Salvador launches 160-hour Bitcoin certification for 80,000 civil servants. The program aims to enhance governance and build a Bitcoin-ready workforce. Argentina collaborates with El Salvador to learn from its Bitcoin adoption success. The El Salvador government, through its National Bitcoin Office (ONBTC), has embarked on an ambitious initiative to upskill 80,000 civil servants with […]

Whale accumulates $118M in Wrapped Bitcoin (WBTC) amid controversy

The whale acquired 347 Wrapped Bitcoin (WBTC) within just 12 hours on August 19. BitGo plans to transfer control of WBTC to a joint venture involving itself, BiT Global, and the Tron ecosystem. Coinbase has hinted at launching its own wrapped Bitcoin token, dubbed “cbBTC.” An unidentified whale has been rapidly accumulating Wrapped Bitcoin (WBTC), […]

Self-custodial Bitcoin staking protocol Babylon announces mainnet

Babylon, the self-custodial Bitcoin staking protocol, will launch its mainnet on August 22, 2024. The launch brings a “third native use-case of Bitcoin” to users, adding staking to its store of value and payment, Fisher Yu, co-founder of Babylon, said. Babylon, a self-custodial Bitcoin staking protocol, has announced the launch of its phase-1 mainnet as […]

Toncoin signals bullish momentum as Bitcoin Dogs gears for its debut on three exchanges

BARR pattern breakout signals a potential 40% rise to $9.50 for Toncoin (TON). Binance listing and Injective integration boost Toncoin’s price and liquidity. Bitcoin Dogs’ 0DOG token will debut on Gate.io, MEXC Official, and Unisat Wallet. As August progresses, Toncoin (TON) and Bitcoin Dogs, two prominent players in the cryptocurrency space are capturing the spotlight. […]

Bitcoin Dogs to list on 3 major exchanges: Will 0DOG price explode?

Bitcoin Dogs (0DOG) will list on Gate.io, MEXC and Unisat on Aug. 21. What does listing on the 3 crypto exchanges mean for 0DOG? Bitcoin Dogs (0D0G) will be making its market debut with a bang as three major exchanges announce trading support. Investors who have waited since the Bitcoin Dogs’ successful presale are excited […]

South Korea’s national pension fund buys $34M of MicroStrategy shares

The National Pension Service, South Korea’s national pension fund, has reported purchases of nearly $34 million in MicroStrategy shares. NPS is South Korea’s largest public pension fund and the third-largest in the world with over $729 billion worth of assets. Wu Blockchain shared the news via X: South Korea’s National Pension Service (NPS) disclosed that […]