Author: Kryptonews
Shares of SharpLink Gaming fell slightly even as the Ethereum treasury firm pressed forward with its ambitious stock repurchase program, buying another 1 million shares.The company, which trades under the ticker SBET, said the latest purchases were executed at an average price of $16.67 each. Despite the move, SharpLink’s stock slipped 2.8% to $16.32 by late afternoon in New York.The buybacks are part of a $1.5 billion authorization approved in August. To date, the firm has retired nearly 1.93 million shares for about $32 million, funding the purchases with cash reserves, staking income, and other financing rather than debt.Ethereum reserves…
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.Polymarket and CME FedWatch are aligned: the Fed’s easing cycle begins tomorrow. Both have a 25 bps cut locked in for the next FOMC meeting, with odds building for a three-cut path through year-end.Polymarket traders leave more room for aggressive easing, while CME assigns steadier probabilities of 25 bps steps. Either way, markets see 75 bps in cuts…
Key Takeaways:Binance launches its 39th HODLer Airdrop, distributing 15 million ZKC to BNB holders.Boundless (ZKC), a universal zero-knowledge protocol, will list on Sept 15, 14:00 UTC with multiple trading pairs.Circulating supply at listing: 200.9 million ZKC, about 20% of total genesis supply.Binance has unveiled the next major addition to its HODLer Airdrops program: Boundless (ZKC). The universal zero-knowledge (ZK) protocol aims to make blockchains scale to internet-level capacity. With its listing scheduled for September 15, Binance is rewarding loyal BNB holders with an early airdrop of 15 million tokens.Read More: Binance Drops a 15M Token Bombshell with PROVE Airdrop –…
Shares in the livestreaming and e-commerce company GD Culture Group fell 28% on Tuesday after announcing a share deal to acquire all the assets from Pallas Capital Holding, including 7,500 Bitcoin.GD Culture will issue nearly 39.2 million shares of its common stock in exchange for all Pallas Capital’s assets, including $875.4 million worth of Bitcoin (BTC), the firm said on Tuesday. The deal was made last Wednesday.GD Culture’s CEO and chairman, Xiaojian Wang, said the deal would “directly support” its plan to build a “strong and diversified crypto asset reserve” while benefiting from Bitcoin’s growing institutional acceptance as a reserve…
The Federal Reserve’s (Fed) September 17 policy meeting is shaping up to be one of the most consequential for risk assets this year, with crypto traders bracing for volatility. Markets are overwhelmingly pricing in a rate cut, but the scale of that move, whether 25 basis points, 50 basis points, or the unlikely scenario of no change, could spark very different reactions in Bitcoin and altcoins. The 25 Basis Point Baseline Most analysts see a quarter-point cut as the base case. Charlie Bilello noted that the Fed Funds Rate is expected to be cut 25 bps this week.Sponsored Sponsored Meanwhile,…
The Avantis perpetuals exchange on the Base network is gaining big milestones in its development. Let’s take a closer look at this protocol, how it works and its key features.What is Avantis?Avantis AVNT is a new kind of decentralized perpetuals exchange. It runs on Base, Coinbase’s Ethereum Layer-2 network, but it doesn’t stop at crypto. Unlike most DeFi platforms, Avantis lets you trade real-world assets too: forex pairs, gold, oil, and even stock indices.Think about it this way: you could long Bitcoin, short the Japanese yen, and hedge with crude oil futures, all from your crypto wallet, without middlemen. No account…
The idea of XRP reaching $100 is currently one of the most debatable of our cryptocurrency times. XRP was one of the longest runners in cross-border payments, but there is competition, regulatory challenges, and market volatility to consider whether it is in its own good. This XRP Price Prediction explores whether or not such a milestone is possible and what it means for investors based on new developments such as Remittix (RTX) that are transforming digital finance. XRP Price Prediction and Market Climate XRP has been an established remittance player globally for several years now and is among the most…
The US Securities and Exchange Commission streamlining the approval process for crypto exchange-traded products (ETPs) may trigger a surge of new offerings, but that doesn’t guarantee their success, a crypto executive warns.“The adoption of generic listing standards — which could come as early as October — will likely usher in a ton of new crypto ETPs. This is intuitive, but it’s also backed up by ETF history,” Bitwise chief investment officer Matt Hougan said in a report on Monday.However, Hougan warned that the launch of a crypto ETF should not be confused with renewed hype for cryptocurrency. Crypto ETFs’ “mere existence”…
A new Korean drama named To The Moon, featuring stars like Lee Sun-bin, Jo A-ram, Ra Mi-ran, and Kim Young-dae, will focus on the plight of retail crypto investors.The drama will air on MBC, one of South Korea’s biggest terrestrial broadcast networks, in the prime-time 10 pm Friday and Saturday slot.The first episode will air on September 19, and the drama is based on a hit novel by Jang Ryu-jin.The South Korean news agency Yonhap reported that the production team behind the drama explained that the three main characters, played by Lee, Jo (formerly of the K-pop group gugudan), and…
Bitcoin mining remains one of the most popular ways to generate cryptocurrency rewards. With the rise of cloud mining apps and services, mining Bitcoin has become more accessible than ever. Gone are the days when only experts with expensive hardware could participate. Today, anyone with a smartphone or computer can join mining networks and claim free Bitcoin daily through trusted platforms.As we step into 2025, a new generation of Bitcoin mining apps is trending worldwide. These platforms simplify the mining process by offering cloud-based hashpower, user-friendly interfaces, and transparent profit distribution. In this article, we present the Leading 10 Trending…
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