Bion Secures Strategic Investment from TON Ventures, Paving the Way for Web3 Shopping
Bion, a pioneering web3 shopping app, has announced a strategic investment from TON Ventures, a move that strengthens the company’s vision to make web3 shopping accessible for everyone. This funding will allow Bion to expand its team and further develop its technology, delivering a smooth, secure, and user-friendly shopping experience
Bitcoin Price Surges 3.7% Amid US Election Volatility
Bitcoin (BTC) experienced a swift price surge of 3.7% on November 5, rising to nearly $70,300 before settling around $69,500, according to data from TradingView. This rapid rise caught short positions off guard, triggering liquidations across the market. Popular trader Exitpump noted “sudden spot buying in unison” on social media,
XRP Price Surges Amid Market Optimism and Bullish Indicators
XRP saw a notable price increase today, climbing 1.5% in the past 24 hours to reach an intra-day high of $0.5184. The cryptocurrency’s spot trading volumes surged to over $1.05 billion, up 10% since yesterday. This rising demand has boosted XRP’s market capitalization to $29.14 billion, maintaining its position as
Vlayer Secures $10M in Pre-Seed Funding to Launch “Solidity 2.0” for Ethereum Smart Contracts
Crypto startup Vlayer has raised $10 million in pre-seed funding to develop “Solidity 2.0,” an upgraded version of Ethereum’s Solidity programming language. Investors in this substantial funding round include a16z Crypto Startup Accelerator (CSX), Credo Ventures, BlockTower Capital, and notable angel investors such as Remco Bloemen of Worldcoin, Jakub Florkiewicz
A Beginner’s Guide to Investing in Cryptocurrency
Cryptocurrencies have captivated investors worldwide, with Bitcoin, Ethereum, and others experiencing dramatic price changes over the years. While the high volatility may appeal to some investors, the risks involved require a strategic approach. Here’s a quick guide on how to begin investing in cryptocurrency, including the main steps to take
Today’s Crypto Highlights: NFT Sales Surge, UBS Launches Tokenised Fund, 21Shares Files for Spot XRP ETF
Non-fungible tokens (NFTs) broke their seven-month downward trend in October, recording an 18% rise in sales volume. October’s volume reached $356 million, up from September’s low of around $300 million, according to CryptoSlam data. This rebound also saw a 42% increase in total transactions, with over 7.2 million transactions recorded
Crypto Adoption Surges in Eastern Europe, Led by DeFi and Institutional Transfers
Eastern Europe has solidified its position as the fourth-largest cryptocurrency market worldwide, accounting for over 11% of global crypto transaction value, as revealed in Chainalysis’ latest crypto adoption report. The region received over $499 billion in cryptocurrency between July 2023 and June 2024, marking a substantial increase in decentralized finance
BlackRock Bitcoin ETF Surpasses $30B as US ETFs Near 1 Million BTC Milestone
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has achieved a significant milestone, surpassing $30 billion in Bitcoin holdings in less than 10 months since launching in January 2024. This milestone, highlighted by Bloomberg ETF analyst Eric Balchunas, represents an all-time record for ETFs. “It hit this milestone in just 293 days,”
Bitcoin Breaks $71,000 as U.S. Elections Approach
Bitcoin surged above $71,000 on Tuesday, marking a notable 5% gain within 24 hours and breaking through a critical resistance level. The rally, driven by high-volume buying from major traders, or “whales,” comes just a week before the U.S. elections—an event that many believe could positively impact Bitcoin regardless of
Bhutan Begins Moving $66M Bitcoin Stash as Price Surges Above $71,000
The Bhutanese government has started shifting part of its substantial Bitcoin holdings to Binance, following a surge in Bitcoin’s value beyond the $70,000 mark. According to Arkham Intelligence data, Bhutan transferred over $66.5 million worth of Bitcoin in two transactions on October 29, signaling an intent to sell on the
