$16 million is invested by Changpeng Zhao in the Sign Project.
YZi Labs, the investment firm founded by Binance‘s Changpeng Zhao, has announced a significant $16 million investment in the altcoin project Sign. This venture, which focuses on providing on-chain token distribution services, also garnered backing from notable firms like Altos Ventures, HackVC, and Amber Ventures. This latest funding initiative marks a meaningful expansion
According to a poll, retail CBDCs do not adequately meet the needs of actual customers.
Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods,
The CEO of Ripple advocates for a U.S. cryptocurrency reserve that encompasses more than just Bitcoin.
Brad Garlinghouse, the CEO of Ripple, recently shared his thoughts on the U.S. government’s plan to create a national digital asset reserve. He believes the reserve should include Bitcoin and other cryptocurrencies like Ripple’s XRP. This idea goes against the opinion of Bitcoin supporters who think Bitcoin should be the only
Analysts Discuss Dogecoin’s Possible Rise as It Aims toward $1
Over the past year, Dogecoin (DOGE) has shown significant growth potential. Some experts predict that Dogecoin’s price could increase by 10,000%, potentially reaching $1 or more. Historical trends and new developments are fueling hopes for another major rally. What do experts, including Ali Martinez, say about DOGE and its future?
Arthur Hayes, former CEO of BitMEX, Issues a Warning! “Bitcoin Could Fall to These Levels Before Resuming Its Rise!”
As Bitcoin (BTC) begins the new week in which the FED interest rate decision will be announced, it is wondered whether these declines will continue. At this point, former BitMEX CEO Arthur Hayes, whose predictions are closely followed, said that Bitcoin will continue to decline and may experience a sharp
Crypto market capitalization reaches a critical threshold, indicating a potential 8000x surge for Floki’s opponent.
The cryptocurrency market is buzzing with excitement as the total market cap breaks a critical resistance level, signaling a potential surge in altcoin investments. While established projects continue to attract attention, one standout competitor to Floki is gaining momentum – Lightchain AI. With its presale raising $10.6 million and a
Among other things, Onyxcoin leads the daily gainers.
The cryptocurrency market saw notable movement today, with Onyxcoin ($XCN) leading the charge among the top gainers. The data, shared by Phoenix Group, highlights a range of tokens experiencing significant price increases, signaling bullish sentiment across various projects. Investors and analysts are closely monitoring the developments as several lesser-known assets make their
Ethereum Targets March 2025 for Pectra Mainnet Upgrade
Ethereum devs have begun preparations for the awaited Pectra mainnet upgrade, which is now scheduled for March 2025. Originally scheduled for late 2024, this upgrade was delayed because of added features and scope. The upgrade is designed to increase the efficiency and user experience of the Ethereum network almost ninefold. Early key
How Will Markets React to $2.8B Crypto Options Expiring Today?
Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.94, which means that bulls and bears are evenly matched with similar numbers of long (call) and short (put) contracts expiring. Open interest, or the value or number of BTC options contracts yet to expire,
Bitcoin Prints a Bullish Hammer: Is It Better to Buy Now or Hold Off?
Bitcoin—BTC, bounced back to $95,500 on Tuesday after falling below $90,000 the day before. The dramatic drop caused over $734 million in liquidations, shaking the confidence of many traders. A bullish hammer on the chart signals potential recovery, but the risk of further volatility remains. With major macroeconomic events ahead,
