Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community. Related Reading The new Sonic Labs is poised to continue Fantom’s legacy as four core proposals are now underway for the eventual release of the Sonic mainnet. If passed, the proposals will provide users and developers with a smooth transition to the Sonic network once D-day…
Tag: Launch
Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in Europe
Metamask has teamed up with Mastercard and Baanx to launch a debit card that lets users spend their crypto assets directly from their self-custody wallets. Consensys, the firm behind the project, views this new card as a pivotal step in weaving digital currencies into everyday life. Mastercard and Metamask Team Up to Launch Crypto Debit […] Source CryptoX Portal
Token Terminal Forecasts BlackRock To Launch Its Own Blockchain Network – Details Inside
On-chain data platform Token Terminal has set the stage for a potential seismic shift in the crypto ecosystem. It predicts that $10 trillion asset management giant and exchange-traded fund (ETF) issuer BlackRock is preparing to unveil its blockchain platform. BlackRock’s Crypto Masterplan Recent research by Token Terminal delves into BlackRock’s strategic entry into the crypto space, outlining the firm’s approach to the emerging digital asset class. According to the platform’s findings, BlackRock has segmented the crypto asset class into three distinct categories: crypto assets, including Bitcoin, stablecoins, and Real World…
Pi Network mainnet launch progresses, yet risks persist
The much-awaited Pi Network mainnet launch progresses while Bitcoin forms a rare death cross pattern. Pi Network developers have been working diligently this year to ensure the blockchain moves from the enclosed mainnet to the public mainnet phase. In a recent post, they noted that they were progressing well with the Know Your Customer verification for customers. Over 13 million pioneers have passed the KYC process and 6 million have already migrated to the mainnet. The network has reached over 13 million Pioneers who have passed KYC and over 6…
Year-End Launch of Bitcoin ETF Options Could Lead to Price Drops
Analysts and market observers anticipate that options trading for U.S. spot bitcoin exchange-traded funds (ETFs) could kick off before year-end. While there’s considerable buzz around these new investment avenues, the introduction of options trading might bring strategies that could temper bitcoin’s market price. Crypto ETF Options Likely by Q4 2024, But Bitcoin and Ether Prices […] Original
BlackRock seeks to launch options on Ethereum ETFs. What does this mean for the market?
Nasdaq and BlackRock, the world’s largest asset manager, are planning to start trading options on the spot Ethereum ETF. According to a filing posted on the U.S. Securities and Exchange Commission’s website, representatives of Nasdaq and BlackRock asked the regulator to allow trading options on the iShares Ethereum Trust ETF (ETHA), the only Ethereum-based ETF listed on the Nasdaq exchange. The published document proposes changing the rules for listing and trading options on the iShares Ethereum Trust. The exchange offers to expand the list of ETFs suitable for trading on the exchange in…
Ditobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities
Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100 pesos) worth of Ckbtc, the so-called bitcoin twin, to use at campus cafes, restaurants, and copy shops. Boosting Cryptocurrency Usage at Mexican Universities Salvadoran fintech […] Source
Bitcoin and Ethereum ETFs see first joint positive inflows since Ether ETF launch
Spot Bitcoin and Ethereum exchange-traded funds in the United States saw joint positive inflows for the first time on Aug. 1 since the launch of the nine spot Ether ETFs on July 23. Bitcoin ETFs see $50.6m in inflows According to data from Farside Investors, the 11 spot Bitcoin ETFs recorded a net inflow of roughly $50.6 million on Aug. 1, led by Grayscale’s newly launched Grayscale Bitcoin Mini Trust, which alone recorded a substantial $191.1 million in inflows. Blackrock’s IBIT followed with a more modest inflow of $25.9 while…
Veterans From EA, Nintendo, Blizzard and More Launch Bomberman-Style Web3 Game
A subsidiary of Animoca Brands has launched the open beta of its new Web3-centric action game, Cosmic Bomber. Developed by industry veterans from Sony, Electronic Arts, Nintendo, Lucas Arts, and Blizzard, the game is now available to over 1.77 million holders of Moca ID, the identity layer of Animoca Brands’ network. Cosmic Bomber offers strategic […] Source CryptoX Portal
Bitcoin.com’s V-Card Nearing Launch
Bitcoin.com will soon launch V-Card, enabling anyone to spend their cryptocurrency, just like cash, anywhere Mastercard® is accepted. The waitlist for the V-Card is now open at verse.bitcoin.com/card, and early sign-ups have the chance to win a free V-Card (€75 value). “Self-custody holders of Bitcoin and other cryptocurrencies via the Bitcoin.com Wallet app will now […] Original