Tag: Launch

Grayscale XRP Trust Surges 11.44% One Week After Launch, Here’s The Catalyst

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Este artículo también está disponible en español. Grayscale’s XRP trust has grown noticeably since launch, a development which spells positive momentum for the digital asset. As one of the leading cryptocurrency asset managers in the world, Grayscale’s decision to unveil the first XRP trust in the US last week signaled the beginning of an institutional influx of funds into the cryptocurrency. Since its debut, the Grayscale XRP Trust has performed remarkably well. Data indicates that the trust’s value has surged by 11.44%, a clear indication of strong demand from institutional investors.…

860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8 and Bitmain Partner on Innovative Miner to Boost Bitcoin Mining Infrastructure The […] Source CryptoX Portal

Hut 8 deepens Bitmain partnership with launch of new ASIC miner in 2025

Bitcoin miner Hut 8 is expanding its partnership with Bitmain to introduce a new ASIC miner with direct liquid-to-chip cooling, set to deploy in Q2 2025. Miami-headquartered crypto mining firm Hut 8 has expanded its partnership with Bitmain, announcing the upcoming launch of the U3S21EXPH, a next-generation ASIC miner capable of reaching up to 860 TH/s. In a Sept. 19 press release, the company the miner, which is scheduled for deployment in Q2 2025, is the first mass-commercialized ASIC model to feature direct liquid-to-chip cooling in a U-form factor. “We…

REX Shares and Tuttle Capital launch 2X leveraged and inverse MicroStrategy ETFs

REX Shares and Tuttle Capital have partnered to launch two new exchange-traded funds offering the first 2X leveraged and inverse exposure to shares of MicroStrategy. The asset managers announced the launch of the T-REX 2X Long MSTR Daily Target ETF and the T-REX 2X Inverse MSTR Daily Target ETF on Sept. 18. The new products, which will track the daily price of MicroStrategy’s stock and offer exposure to the company’s Bitcoin (BTC) bet, will trade under the MSTU and MSTZ ticker symbols on the CBOE. First 2x leveraged & inverse…

DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024

DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies by market capitalization. The initiative aims to provide sophisticated tools for managing digital […] Source CryptoX Portal

What We Know About Today’s Launch of World Liberty Financial

Though the Trump family appears deeply involved in World Liberty Financial and Donald Trump will be officially unveiling it on Monday evening, the project’s white paper claims that the platform has no political affiliation, stating: “World Liberty Financial is not owned, managed, operated, or sold by Donald J. Trump, the Trump Organization, or any of their respective family members, affiliates, or principals.” Source

DeFi protocol Euler Finance announces launch of new stablecoin Maxi

Decentralized finance lending platform Euler Finance has introduced a new hybrid token called Maxi. Euler Labs, the team behind the decentralized finance lending protocol on Ethereum (ETH), announced the development on Sept. 16. Maxi, as the platform explained in a post on X, is a bespoke lending product designed to offer its users greater capital efficiency. A stablecoin backed with range of assets Maxi is a stablecoin whose key features include a blend of assets and cross-collateralization for both capital efficiency and risk mitigation, Euler Finance posted. In terms of…

Can Solana Make More Millionaires In 2024? SOL Rival Mpeppe Casino Set To 1000X On Launch

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Este artículo también está disponible en español. The cryptocurrency market is once again buzzing with speculation and excitement as Solana (SOL) continues to show strong upward momentum. With its rapid growth and expanding ecosystem, many are wondering if Solana can continue to make millionaires in 2024. However, while Solana is in the spotlight, a new rival has emerged that promises even greater potential gains: Mpeppe (MPEPE). This meme-based gambling ICO has attracted significant attention, and experts are predicting that it could 1000X on its launch, making it an enticing investment…

Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also […] Source CryptoX Portal