The Solana (SOL) price has shown resilience in the past five days after a remarkable surge, almost reaching $47. Despite recovering from the bear market, a looming challenge comes in the form of potential sell pressure from substantial FTX holdings. The cryptocurrency market is treading cautiously as Solana (SOL) approaches a critical juncture. Analysts are closely eyeing the $31.2 million […]

CCData, a benchmark administrator sanctioned by the Financial Conduct Authority (FCA), stands at the forefront of digital asset information, delivering top-tier data and indices for settlement purposes. The firm excels in compiling and interpreting tick data from internationally recognized trading platforms, offering a detailed and extensive view of the digital asset market. This view encompasses a wide array of data […]

Investment management firm Ark Invest, led by pro-Bitcoin investment veteran Cathie Wood, has collaborated with exchange-traded product (ETP) provider 21Shares to launch a new suite of digital asset exchange-traded funds (ETFs). The move aims to provide a “robust set of options” for investors looking to get digital assets into their trading portfolio.  According to the 21Shares website, the companies will […]

A popular crypto strategist, followed by over 600,000 enthusiasts, has forecasted a potential steep ascent for Dogecoin (DOGE), the leading meme-inspired cryptocurrency. The analyst, known as Kaleo, shared his insights with his vast following on social media platform X, suggesting that DOGE is set to emulate the recent bullish trends observed in other altcoins. In a recent series of social […]

Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, said the 3 Million Technical Talent (3MTT) program’s over one million applicants will undergo an introductory artificial intelligence (AI) course. The minister shared this information on X (formerly Twitter) on Wednesday, adding that all applicants are being onboarded onto the platform before selecting the initial cohort of 30,000 fellows. Tijani […]

SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company in the United Arab Emirates in partnership with a Japanese financial conglomerate, SBI Holdings.  In the press release from Nov. 9, Alex Manson, the CEO of SC Ventures, revealed the new joint venture company’s goals: “[…] to make strategic and […]

Plans to bring Sam Bankman-Fried’s crypto exchange FTX back to life are currently underway. Three bidders, including a company run by former New York Stock Exchange President Tom Farley, are vying to buy the remnants of the now-bankrupt exchange. And Securities and Exchange Commission chairman Gary Gensler has indicated he would be open to a revived FTX — provided the […]

Bitcoin mining firm Marathon Digital Holdings saw its revenue surge $670% year-on-year in the third quarter of 2023, amid a nearly five-fold increase in Bitcoin production. The results saw Marathon also swing to a quarterly profit, with $64.1 million of net income in the third quarter, according to the firm’s Nov. 8 results filing. The firm partly attributed the improved […]

Bloomberg Intelligence analyst Eric Balchunas has offered insights into the potential approval timeline for Bitcoin exchange-traded funds (ETFs) in the United States. While acknowledging the presence of unknown variables, Balchunas outlined his best estimate for the sequence of approval events. James Seyffart, another Bloomberg ETF analyst, mentioned the possibility that 19b-4 filings might not require substantial changes, citing the Grayscale […]