Author: Kryptonews

Art Basel returns to Hong Kong this March with 240 galleries and an expanded program, including a reimagined Encounters section and the Asia debut of the digital-focused Zero 10. Following its debut at Art Basel Miami Beach in December, Zero 10’s first Hong Kong outing will feature 14 exhibitors with a program that includes digital animations by DeeKay examining psychological states through the lens of early video games (via a presentation by AOTM); a meeting of AI, sculpture, installation, and traditional ink painting featuring works by Seneca, Qu Leilei, Tim Yip (at Asprey Studio); and a “participatory blockchain -based work”…

Bitcoin’s march toward becoming a global reserve asset has faced one persistent existential question: What happens when quantum computers become powerful enough to crack its cryptography? A new proposal, BIP-360, aims to answer this, potentially clearing the final hurdle for institutional adoption. But is $1 million a real possibility for Bitcoin? For now, the first step for BTC $66 588 24h volatility: 0.1% Market cap: $1.33 T Vol. 24h: $45.25 B in our Bitcoin price prediction is to hold the $60K level. DISCOVER: Next Crypto to Explode What is BIP-360? A Quantum Shield for the Network The new draft proposal, known…

Fiserv, a major US payments and financial technology provider, has launched a new cash settlement platform for digital asset companies, a move that could strengthen fiat infrastructure for crypto players and improve access to liquidity.On Thursday, Fiserv announced the debut of INDX, a real-time cash settlement system that operates 24 hours a day, 365 days a year. The platform allows digital asset companies to move US dollars instantly using a single custodial account, potentially improving how exchanges, trading desks and other crypto businesses manage fiat balances. Source: FiservINDX will be made available to more than 1,100 insured financial institutions participating…

Bitcoin BTC$66,988.52 fell back toward last week’s lows, giving up nearly all of its recent gains above $70,000 and resuming its slide alongside weakness in the broader tech sector, as the crypto now trades back around $65,000.Bitcoin was down 2% over the past 24 hours, with losses in ether ETH$1,961.10 and solana SOL$80.60 roughly tracking.The decline mirrored broad price action in the Nasdaq, which fell 2% on Wednesday and more particularly in the software sector, where the iShares Expanded Tech-Software Sector ETF (IGV) tumbled 3%. The IGV is now down 21% year to date as investors question the sector’s pricey…

BitGo Holdings and 21Shares said Thursday they have expanded their existing partnership to include custody and staking services supporting 21Shares’ crypto exchange-traded products (ETPs) for investors in the United States and Europe.Under the agreement, BitGo will deliver qualified custody, trading and execution services and integrated staking infrastructure for 21Shares’ US exchange-traded funds and global ETPs. The arrangement also provides 21Shares with access to liquidity across electronic and over-the-counter markets, according to the announcement.BitGo said the services will be delivered through its regulated entities in the US and Europe, including its federally chartered trust bank approved by the Office of the…

The landscape of digital gaming and wagering is intensifying as premier events and incentives take center stage. BC.Game is currently capturing market attention with its $50,000 CS2 Masters LAN tournament in Bucharest, convening elite squads to battle in Counter-Strike 2 for a substantial purse.Simultaneously, Borgata Online Casino is incentivizing new participants in New Jersey and Pennsylvania with a $500 Groundhog Day incentive and thousands of bonus spins, providing a modern gateway to its massive game collection.Spartans, however, is pivoting the industry toward a new horizon, re-engineering the value proposition of a leading online sportsbook. Departing from standard bonus structures, Spartans…

Key takeaways:Ether exchange-traded funds saw $71 million in inflows, signaling strong institutional appetite.Weekly decentralized exchange volume doubled to $20 billion, narrowing the revenue gap with Solana.Ether (ETH) price failed to sustain levels above $2,000 on Thursday, leaving traders to weigh the potential catalysts for a market turnaround. While optimism has waned since the crash to $1,745 on Friday, both exchange-traded fund (ETF) flows and ETH derivatives metrics are showing early signs of a reversal. Traders now question if there is enough momentum for a bounce back toward $2,400. US-listed Ether ETFs’ daily net flows, USD. Source: Farside InvestorsUS-listed Ether ETFs recently…

Key takeaways:Ether exchange-traded funds saw $71 million in inflows, signaling strong institutional appetite.Weekly decentralized exchange volume doubled to $20 billion, narrowing the revenue gap with Solana.Ether (ETH) price failed to sustain levels above $2,000 on Thursday, leaving traders to weigh the potential catalysts for a market turnaround. While optimism has waned since the crash to $1,745 on Friday, both exchange-traded fund (ETF) flows and ETH derivatives metrics are showing early signs of a reversal. Traders now question if there is enough momentum for a bounce back toward $2,400. US-listed Ether ETFs’ daily net flows, USD. Source: Farside InvestorsUS-listed Ether ETFs recently…

Bitcoin miner Cango said it closed a previously announced $10.5 million equity investment from Enduring Wealth Capital Limited and entered into agreements for an additional $65 million in equity financing from entities owned by Cango chairman Xin Jin and Chang-Wei Chiu, a director of the company.According to Thursday’s announcement, the $10.5 million investment was completed through the issuance of seven million Class B shares priced at $1.50 each. The shares carry 20 votes per share, increasing Enduring Wealth Capital’s voting power to 49.7% from 36.7%, while its economic ownership remains below 5% of outstanding shares.The additional $65 million would be…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Transak has completed its integration with MegaETH, enabling users to purchase ETH directly on the high-speed Layer 2 network using standard fiat payment methods. Transak, the web3 payments infrastructure provider, announced its full integration with MegaETH, a real-time Ethereum Layer 2. According to the firms, with this integration, over 10 million users globally can purchase ETH natively on MegaETH in seconds using everyday payment methods, including credit and debit cards, Apple Pay, Google Pay, SEPA, etc. And, there will…