Crypto markets experienced a downturn on October 1 amid escalating geopolitical tensions between Israel and Iran in the Middle East. The top 10 cryptocurrencies by market capitalization, including Bitcoin (BTC), saw declines as Iran launched hundreds of missiles towards Israel, undermining fragile market confidence. This led to a sell-off that reduced the total crypto market […]
Category Archives: Blockchain
The S&P 500 and Nasdaq experienced declines following reports that Iran was preparing for a potential missile attack on Israel. Bitcoin fell 3% over the past 24 hours, while major altcoins like SOL, AVAX, DOT, and NEAR saw losses between 5% and 10%. According to analysts at Swissblock, “war news” typically does not have a […]
Shiba Inu’s gaming ecosystem is making strides with the launch of the Shiba Eternity Phase 2 update, while ETFSwap is capturing investor interest with its innovative DeFi platform. The Shiba Inu (SHIB) community has reason to celebrate as Shiba Eternity, the highly anticipated mobile card game, has released its Phase 2 update. This new phase […]
Bitcoin ETFs experienced record inflows as miners ramped up operations, with analysts from H.C. Wainwright attributing a BTC rally to easing global monetary policies. According to a report from H.C. Wainwright shared with crypto.news, Bitcoin closed the week ending September 29 with a 3.2% gain, reaching $65,618. This is notable given that September is typically […]
Canary Capital has launched the first HBAR Trust in the U.S., enhancing cryptocurrency investment options for institutional investors. This trust provides accredited investors access to Hedera’s HBAR, the native cryptocurrency of the Hedera network, catering to those seeking advanced crypto investment strategies. According to the company’s announcement, it marks the first dedicated HBAR trust in […]
Japan’s Metaplanet, originally a budget hotel operator and now an investment firm, has expanded its Bitcoin holdings by adding $6.94 million worth of the cryptocurrency. In a disclosure made on October 1, Metaplanet reported the acquisition of 107.913 Bitcoin (BTC) for a total investment of ¥1 billion ($6.94 million). This significant purchase increases the company’s […]
Ripple has obtained in-principle approval from the Dubai Financial Services Authority to enhance its cross-border payment solutions in the Middle East. This approval allows Ripple to expand its international presence and operations from the Dubai International Financial Centre. With this latest milestone, Ripple announced on October 1 that it can now launch its Ripple Payments […]
On September 30, spot Bitcoin exchange-traded funds (ETFs) recorded their eighth consecutive day of inflows, while spot Ether ETFs faced outflows after a previous day of positive activity. Data from SoSoValue showed that the 12 spot Bitcoin ETFs achieved $61.3 million in net inflows, extending their positive flow streak to eight days and bringing total […]
Jesse Pollak, the creator of the layer 2 blockchain Base, has joined Coinbase’s executive team as vice president of engineering while also heading Coinbase Wallet. On October 1, Pollak announced via his X account that he would be taking on the leadership role for Coinbase Wallet and joining the eight-member executive team, in addition to […]
Former U.S. President Donald Trump revealed his initiative to transform America into a “crypto capital” through his new venture, World Liberty Financial. “I promised to Make America Great Again, this time with crypto. [World Liberty Financial] aims to help establish America as the crypto capital of the world!” Trump shared on X, inviting interested individuals […]