At press time, Lido Finance (LDO) was trading at $1.47, down 1.41% in the past 24 hours. Lido Finance is set to unlock 1.5 million tokens in the next 24 hours. The tokens to be unlocked constitute approximately 0.27% of the circulating supply. Lido Finance (LDO) has garnered notable attention lately, primarily due to its […]
Category: STO News
Top Bitcoin ETFs in 2023
Bitcoin continues to pique the interest of both experienced and inexperienced investors. Bitcoin Exchange-Traded Funds (ETFs) have emerged as an interesting outlet for traders and investors alike amid the growing interest in cryptocurrencies. This article digs into the world of Bitcoin ETFs in 2023, investigating what they are, their benefits, the best-performing options, and how […]
BitMEX co-founder says BTC price may rise if monetary policies tighten
The Federal Reserve has increased its benchmark rate from 0.25% to 5.25% over the past year. BitMEX co-founder believed that bondholders might seek more lucrative “risk assets,” such as Bitcoin. Bitcoin’s four-year cycles might be linked to central banks’ low-rate policies. Challenging the conventional wisdom regarding the relationship between Bitcoin and interest rates, BitMEX co-founder […]
Binance US reduces staff by a third, CEO leaves
Binance US has been facing regulatory pressure from the SEC. Binance’s US cryptocurrency market share dropped from more than 22% in April to approximately 0.9% by June 26. Norman Reed, the Chief Legal Officer of Binance US, has assumed the role vacated by Brian Shroder. Binance US, the US branch of the Binance cryptocurrency exchange, […]
LeveX Unleashes Next-Gen Social Trading Features, Pioneering a Cohesive Crypto Trading Ecosystem
Dubai, UAE, September 12th, 2023, Chainwire Unveiling a new era in cryptocurrency trading, LeveX brings to the fore an unprecedented integration of social trading into its platform, fostering a vibrant and connected trading community. Beyond this landmark feature, LeveX also offers a plethora of innovations, enhancing the trading experience like never before. LeveX: A Leading […]
Israel Central Bank Contemplates Digital Shekel to “Modernize Payment Systems”
The Central Bank of Israel is considering the issuance of a digital shekel to enhance the country’s payment system. However, the decision to launch the financial instrument remains a topic of debate, echoing similar discussions in advanced economies globally. The Governor of the Bank of Israel, Amir Yaron, shared these insights during a recent conference […]
Franklin Templeton Joins BlackRock and Fidelity in Spot Bitcoin ETF Pursuit
The US-based asset management firm Franklin Templeton entered the race to obtain approval for the first US exchange-traded fund (ETF) that directly invests in Bitcoin. Franklin Templeton filed an application with the US Securities and Exchange Commission (SEC) today (Tuesday), joining the ranks of other asset managers like Fidelity and BlackRock. If the SEC gives […]
LeveX Unleashes Next-Gen Social Trading Features, Pioneering a Cohesive Crypto Trading Ecosystem
Dubai, UAE, September 12th, 2023, Chainwire Unveiling a new era in cryptocurrency trading, LeveX brings to the fore an unprecedented integration of social trading into its platform, fostering a vibrant and connected trading community. Beyond this landmark feature, LeveX also offers a plethora of innovations, enhancing the trading experience like never before. LeveX: A Leading […]
Asset manager Franklin Templeton applies to launch a spot Bitcoin ETF
Franklin Templeton joins other asset management firms like Grayscale that have applied to offer crypto ETFs. The SEC was mandated by the court to evaluate Grayscale’s application to convert its Bitcoin futures ETF into a spot ETF. Franklin Templeton will collaborate with CF Benchmarks to ensure accurate valuation. Franklin Templeton, a prominent asset management firm […]
Crypto exchange CoinEx reportedly hacked for nearly $28 million
CoinEx hot wallets for Ethereum, TRON and Polygon saw huge outflows. Security platforms pointed to a possible hack, with nearly $28 million stolen. Cryptocurrency exchange CoinEx has reportedly been hacked, with assets worth nearly $28 million stolen. According to the latest details of the incident, the crypto exchange’s hot wallets for Ethereum, TRIN and Polygon had […]
