Cryptocurrency
Gemini Hires Goldmans (GS), Citi (C), Morgan Stanley (MS) and Cantor as Lead Bookrunners For its IPO
Crypto exchange Gemini filed an updated registration statement for its initial public offering effort, sharing a few more details in its push to become a publicly traded firm. Goldman Sachs (GS), Citigroup (C), Morgan Stanley (MS) and Cantor acting...
Cryptocurrency
Fully Regulated Exchange XBO.com Unveils $XBO Token and Staking Program –
Gaurav -
XBO.com, a fully licensed global cryptocurrency exchange, has announced the launch of its native $XBO token on August 18th, marking a significant milestone in the platform’s growth. In parallel, the exchange will open a staking program immediately after the...
Cryptocurrency
Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records
Ethereum is holding firmly above the $4,400 level after recently reaching $4,792, just shy of its 2021 all-time high. The world’s second-largest cryptocurrency has seen weeks of massive gains, driven by strong institutional interest, shrinking supply on exchanges, and...
Cryptocurrency
DCG Issues Lawsuit Against Genesis Over $1.1 Billion Promissory Note Tied to 3AC Collapse –
Saniya -
Key TakeawaysAccording to the filing, 3AC had pledged assets such as Grayscale Bitcoin Trust shares as collateral for the loansGenesis points out that DCG has already transferred over $100 million under the terms of the note, Leading Venture Capital firm...
Cryptocurrency
Winklevoss’ Gemini files for Nasdaq listing after strong Bullish debut
Gemini Space Station, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss, has filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the ticker...
Cryptocurrency
Ether unstaking queue hits $3.8B: What does it mean for ETH price?
Key takeaways:Ether queued for unstaking hits a record $3.8 billion, led by Lido, EthFi, and Coinbase.Strategic reserves and ETF holdings have jumped by 140% since May 1.ETH’s $4,200 support is critical, with $1.2 billion in longs at risk if...
Cryptocurrency
Bitcoin Stalls but Smart Money Is Still Betting on It – Markets and Prices Bitcoin News
Markets are still recovering from Thursday’s bombshell commercial inflation data, but institutional interest in bitcoin is still alive and well. BTC Flat, Yet Institutional Investors Remain Bullish Bitcoin dipped below $117K on Friday, as markets floundered in the wake...
Cryptocurrency
U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks' crypto ties, instead folding that task back to its day-to-day...
Cryptocurrency
Ether bull flag targets $6K as ETH supply on exchanges falls to 12%
Key takeaways:Ether’s bull flag confirmation on the daily chart targets 34% gains to $6,100.The percent of ETH supply held on exchanges has dropped to 12% for the first time since 2016.Depleting ETH supply on exchanges points to a “supply...
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Man dies after suspected shark attack in Sydney
A man has died on a Sydney beach after being bitten by a suspected "large shark", Australia's New South...