Browsing yearly archive
The USDe token, which is referred to as a “synthetic dollar,” offers yields to investors by pairing ether liquid staking tokens with short ether (ETH) perpetual futures position in the derivatives market to maintain a “rough target” of $1 price. Source link
London, United Kingdom, April 2nd, 2024, Chainwire Sensay, the builders of on-chain digital immortality, celebrates a major triumph, having raised over $3 million in a successful public sale. This financial milestone, marks the launch of the $SNSY token, cementing bootstrapped Sensay as a leader in the digital identity sector, outpacing seed-funded competitors yet to launch […]
The bitcoin halving, expected in mid-April, remains the main supply-side event, the report said. Source link
Bitwise is eyeing an Exchange Traded Product (ETP) focused on Ethereum’s layer-2 solutions, with CIO Matt Hougan confident in the ecosystem’s potential. Bitwise, a leading name in cryptocurrency asset management, is looking to capitalize on the growth of Ethereum’s layer-2 networks and applications. The firm is contemplating the introduction of an Exchange Traded Product (ETP) […]
Grand Cayman, Cayman Islands, April 1st, 2024, Chainwire Quick Take BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance decentralized exchange, offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of centralized exchanges with the self-custody features of […]
“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so individual Federal Reserve speeches this week, and the market is likely thinking that today’s outcome will make officials wary of […]
Tron Foundation moves to dismiss an SEC lawsuit, claiming the U.S. regulator oversteps its authority by targeting foreign digital asset offerings. The Tron Foundation, known for its significant presence in the blockchain and cryptocurrency space, is currently embroiled in a legal battle with the United States Securities and Exchange Commission (SEC). The bone of contention […]
Hong Kong, Hong Kong, April 2nd, 2024, Chainwire Moongate announces the closing of a $2.7M Seed round to develop a Modular Web3 Engagement Layer for Real-World Activations. Backed by its success in disrupting the ticketing industry, the company aims to expand its reach into other sectors to transform interactive experiences using blockchain and AI. The […]
Demand for access to cryptocurrency trading accounts has climbed alongside the gains in bitcoin (BTC), which has advanced 57% this year while the CoinDesk 20 Index, a measure of the broader crypto market, added 49%. Last month, the number of active accounts in the country reached the highest level since September 2022, Bloomberg said, citing […]
“Crypto trading volumes started skyrocketing in early March as a wave of altcoin activity hit the market,” Matrixport said in a Telegram broadcast. “The anticipation of the Dencun upgrade with low transaction fees caused this mania, and some political developments brought crypto to the forefront of the political election. However, with volumes declining, the sustainability […]