Following Donald Trump’s re-election, markets responded with remarkable enthusiasm, particularly within the cryptocurrency and financial sectors, where significant gains were recorded. Bitcoin soared to a new high of over $75,000, marking an 8% increase. Other digital assets, such as Ethereum and Dogecoin, also experienced notable boosts, with Dogecoin jumping up to 18%. Trump’s shift from…
In a groundbreaking development for the crypto world, TON Accelerator and Mantle have launched "Synergy," a $5 million initiative designed to bring cutting-edge cross-chain applications to life by merging the unique strengths of the TON and Ethereum Virtual Machine (EVM) ecosystems. This initiative aims to empower developers with the resources and infrastructure to build next-generation…
In a strategic move to bolster digital asset security, Bison Digital Assets, a subsidiary of Lisbon-based Bison Bank, has announced the integration of Fireblocks, an enterprise platform specializing in secure digital asset management. This collaboration is set to redefine Bison's digital asset offerings, fortifying its infrastructure with Fireblocks’ cutting-edge Multi-Party Computation (MPC) technology. The integration…
In a heartfelt response to the devastating floods that have struck the Valencia province in Spain, Binance Charity, the philanthropic arm of the global blockchain leader Binance, has announced a generous donation of $3 million to the Spanish Red Cross (Cruz Roja Española). This significant contribution aims to bolster the ongoing relief efforts, providing much-needed…
US Election Sparks Volatility in Bitcoin and Ethereum: Key Insights from Derive.xyz’s October Report
Crypto Markets Brace for Volatility Ahead of US Election, Says Derive.xyz Report As the U.S. presidential election looms, the cryptocurrency market is exhibiting signs of heightened anticipation and potential volatility. Derive.xyz's October 2024 Trading Insights Report provides a deep dive into the critical dynamics shaping Bitcoin (BTC) and Ethereum (ETH) markets during this politically charged…
Bahrain Launches First Regulated Crypto-Compatible Corporate Bank, Bridging Traditional and Digital Finance In a groundbreaking move, Singapore Gulf Bank (SGB) has unveiled Bahrain’s first regulated crypto-compatible global corporate banking platform. Backed by Bahrain’s sovereign wealth fund, Mumtalakat, and the influential Whampoa Group from Singapore, SGB is set to revolutionize the financial landscape by seamlessly integrating…
Bitcoin Markets Brace for US Election and Economic Data Amid Volatility Bitcoin (BTC) markets are preparing for a potentially volatile week as several significant U.S. events are expected to influence investor sentiment. The cryptocurrency is trading below $70,000, with analysts suggesting that upcoming political and economic developments could impact its price trajectory. U.S. Presidential Election…
Vilnius, Lithuania – October 2024 In a strategic move to enhance financial security and streamline compliance processes, iDenfy, a leading ID verification and fraud prevention company based in Lithuania, has partnered with O2Factoring, a Dutch financial service provider specializing in factoring solutions. This collaboration aims to integrate advanced identity verification and Anti-Money Laundering (AML) screening…
Singapore, November 1, 2024 – In a significant move bridging traditional finance and blockchain technology, Libeara, a prominent real-world asset (RWA) tokenisation platform supported by SC Ventures, has announced a strategic partnership with FundBridge Capital. This collaboration aims to introduce the Delta Wellington Ultra Short Treasury On-Chain Fund (“ULTRA Fund”), with Wellington Management Singapore Pte.…
On October 29, Xandeum will introduce its much-anticipated XAND token and launch its innovative storage-enabled liquid staking program, xandSOL LST. The event marks a significant milestone for Xandeum, a Solana-focused storage scaling solution that seeks to redefine how decentralized storage supports dapps and scaling on the Solana blockchain. XAND Token Launch and Airdrop The XAND…