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MultiBank Group is bringing $607 Million, 2 Million Users, $3 Billion Real Estate RWA Deal and over $35 billion in daily trading volume Into Web3.
DUBAI, 14th of May — In a move that signals just how far the digital asset space has matured, MultiBank Group – one of the world’s largest and most regulated financial institutions – has launched the MBG Ecosystem: a utility token that merges...
On Tuesday, Bitcoin Spot ETFs recorded a collective net outflow of $96.14 million, with no net inflows reported across the twelve listed funds.
This was attributed to a mild pullback in overall market activity, which pushed BTC’s price to an intraday low of $101,429.
Bitcoin ETFs Record $96 Million in Daily Outflows
On Tuesday, Bitcoin-backed ETFs saw a net outflow of $96.14 million,...
According to a securities filing on Tuesday, Jack Mallers’ newly launched investment vehicle, Twenty One Capital, has acquired 4,812 Bitcoin tokens worth $458.7 million.
Backed by Tether, Cantor Fitzgerald, and SoftBank, the SPAC-born firm signals a new phase of corporate Bitcoin accumulation
Twenty One Capital Buys 4,812 Bitcoin Worth $458.7 Million
The purchase marks the firm’s first...
Aave and Uniswap protocols recently created new records amid signs of a recovery in the cryptocurrency market.
Record-breaking achievements by Aave and Uniswap amid a recovering crypto market raise the question: Are we witnessing the start of a new DeFi boom, or is this just a short-term surge?
Whale Activity Signals Confidence in Aave
With Ethereum (ETH) surpassing $2,500, a key...
American financial services company Robinhood has announced that it is set to acquire WonderFi, a leading Canadian fintech and crypto platform, for $178.9 million (250 million CAD). The firm will buy WonderFi’s shares for $0.26 (0.36 CAD) each.
Robinhood announced the deal on May 13. This marks a significant step in its international expansion into the Canadian cryptocurrency market....
The total crypto market capitalization (TOTAL) and Bitcoin (BTC) have both climbed as overall market sentiment appears to be shifting away from fear. PENDLE has emerged as the top-performing altcoin, posting double-digit gains in the past 24 hours.
In the news today:-
Ripple Labs and the US SEC have ended their legal battle after both sides withdrew their appeals in the Second Circuit...
The SEC just postponed two of Grayscale’s ETF applications, specifically those concerning Solana and Litecoin. This latest announcement adds to the Commission’s recent series of decisions to push back several altcoin ETFs from different asset managers.
Several prominent ETF analysts also declined to publicly comment on this delay. In the long run, SEC approval is still very likely, even if it...
President Trump has once again called on Fed Chair Jerome Powell to cut interest rates, but the crypto community doesn’t seem interested anymore. Rate cuts seem as unlikely as ever, but the market has new bullish narratives.
Between a US-China trade deal, new investors, and technological advancements, recession fears have apparently left the crypto market.
Trump Keeps Pushing for Rate...
Speculation about Nvidia adding Bitcoin to its treasury reserves has surfaced recently. These unconfirmed reports lead to questions about the potential for increased institutional adoption of Bitcoin and the possible performance of such a move for Nvidia, whose stock value has fallen considerably this year.
BeInCrypto interviewed representatives from Banxe, FINEQIA, CoinShares, Bitunix, and...
Binance Alpha announced an airdrop for Redacted’s new RDAC token, making it the first platform to host the asset. RDAC fell more than 40% after the token first launched, but it has slowly recovered throughout the day.
RDAC powers Redacted’s startup accelerator ecosystem, enabling users to access a wide variety of Web3-oriented platforms. It already has staking capabilities to let holders...