Ecosystem
NFT Paris Cancels Upcoming Conferences Amidst Market Turmoil
The NFT Paris and RWA Paris conferences have been cancelled due to severe market conditions affecting the industry.
Crypto
Coinbase Shares Surge 8% Following Goldman Sachs Upgrade
Goldman Sachs raises its rating on Coinbase to 'buy', citing optimism about crypto infrastructure growth.
Ecosystem
Tether Launches Scudo Unit to Facilitate Digital Gold Transactions
Tether introduces a fractional gold unit aiming to ease access to gold trading amidst growing institutional interest.
Crypto
Rain, a Stablecoin Platform Linked to Visa, Secures $250 Million in Funding
The Visa-associated stablecoin platform, Rain, has raised significant funds to extend its operations globally following impressive growth metrics.
News
DWF Labs Ventures into Gold Trading, Marking a Shift for Crypto Capital
DWF Labs makes its first physical gold trade, indicating a shift in the cryptocurrency market towards traditional commodities.
Crypto
Bitmine's Ether Holdings Surpass 4 Million Tokens After Recent Purchase
Bitmine's Ether reserve exceeds 4 million tokens following a recent acquisition of nearly 100,000 ETH valued at over $40 million.
Crypto
Coinbase Receives Second Buy Recommendation in a Week with BofA Projects 38% Growth
Bank of America upgraded Coinbase amid tax-loss selling relief and shifting short interests, noting the company's product growth and long-term blockchain goals.
Blockchain
Record Influx of Cryptocurrency to Illicit Addresses Amid Global Sanctions
The rise in crypto received by illicit addresses reflects the impacts of sanctions imposed on various entities globally, with significant transactions reported.
Business
Sharplink Secures $33 Million from Ether Staking and Allocates Additional $170 Million in ETH
Sharplink Gaming has leveraged Ether staking to amass significant returns, as it pursues a robust yield-generating strategy.
Crypto
Access to Venezuelan Oil Could Reduce Bitcoin Mining Costs, According to Bitfinex
Increased Venezuelan oil production may lead to lower electricity costs for Bitcoin miners, with significant benefits expected after several years.
News
Strategy Increases USD Holdings by $748M While Halting Bitcoin Acquisitions
Strategy has boosted its cash reserves to $2.19 billion after selling shares and paused its Bitcoin buying as a response to market conditions.
