Author: Kryptonews
The art dealer Marian Goodman, who was revered for her enduring commitment to the artists that she represented, and for her disinclination to follow either aesthetic or business trends, died on Thursday in a hospital in Los Angeles. She was 97. The New York Times, which first reported news of her death on Sunday, did not report a cause. In 1977, at the age of 49, Goodman opened her eponymous gallery in Midtown Manhattan with a show of the late Belgian artist and poet Marcel Broodthaers, whose conceptually rigorous work was indicative of her venturesome taste. Over the proceeding five…
There is a buying frenzy in the gold market that has propelled the price of the precious metal by more than 80% over the last 12 months, making it one of the best-performing assets. However, investors aren’t paying attention to a hidden threat that is forming beneath the surface, according to Björn Schmidtke, CEO of the Tether gold-treasury firm Aurelion (AURE). The easiest way for someone to buy gold is to purchase what Schmidtke calls ‘paper gold’ or stocks of a gold exchange-traded fund. When buying such stocks, what investors think is that they have bought the physical gold bar,…
Tezos, a layer-1 proof-of-stake blockchain network, implemented its latest protocol upgrade, Tallinn, on Saturday, which reduced block times on the base layer to 6 seconds. The latest upgrade is the 20th update to the protocol, which reduces block times, slashes storage costs and reduces latency, resulting in faster network finality times, according to an announcement from Tezos.Tallinn also allows all network validators, known as “bakers”, to attest to every single block, rather than a subset of validators attesting to blocks, which is how validators verified blocks in previous versions of the protocol, Spokespeople for Tezos explained:“This is achieved through the…
If U.S. laws finally define how federal regulators can touch digital assets, cryptocurrencies will be easier to manage, keep track of and transact in, and more investors will probably get involved, potentially increasing the worth of each token. But a lot has to happen before that’s true, and the work to get laws through Congress is at a messy crossroads.Crypto enthusiasts have long seen themselves as cutting-edge investors, eager to challenge the system and pursue a stake in something outside the mainstream. But what lawmakers are working on now is meant to put crypto very much into the establishment. The…
Let’s say an investor has a house in Switzerland and a beach house in Miami. They’re worth, perhaps, $10 million. But what they are really looking for right now is a line of credit for some time on the slopes at St. Moritz, a trip to the Cannes film festival and a few upgrades to the yacht.In traditional finance, they might be able to approach their bank and use those assets to secure a flexible, short-term loan. However, if a substantial part of the investor’s assets is in crypto, it’s likely much harder.And it seems there are a large number…
Investing in crypto assets like ether, the native token of the Ethereum network, once followed a simple path: traders bought coins on platforms like Coinbase or Robinhood, or stored them in self-custody wallets such as MetaMask, and held them directly.Then came staking, or pledging a certain amount of cryptocurrencies to a network to validate transactions and earn rewards. This was seen as a way for investors to generate passive income while holding the tokens through crypto exchanges in anticipation of price appreciation.However, as crypto has moved closer to mainstream finance, new products such as exchange-traded funds (ETFs) that track spot…
Technical analysts are currently monitoring the price movement of Solana (SOL) as there are many close ties to other cryptocurrencies. In addition, they have identified technical levels which could help predict the direction that Solana’s price may take over the next several weeks after previously trending higher. A recent analysis from renowned market analyst Ali Martinez highlights that, despite facing downward pressure, a safety net could be emerging at a well-known level of continuity, both in psychological and technical terms. Identifying the $119 Support Floor Solana is currently trading within a range-bound environment with well-defined horizontal boundaries. The main thing…
Sui Group Holdings (SUIG), the only Nasdaq-listed company with an official relationship with the Sui Foundation, is positioning itself to become the most economically important player in the blockchain’s ecosystem, according to Steven Mackintosh, the company’s chief investment officer.Formerly known as Mill City Ventures, the U.S.-based specialty finance firm rebranded to Sui Group Holdings in 2025 as it pivoted toward a foundation-backed digital asset treasury (DAT) strategy centered on SUI, the native token of the Sui network. While the company continues to invest in and advise public and private companies, Mackintosh said its priority is now clear: accumulating SUI and…
Cathie Wood’s ARK Invest has increased its exposure to crypto-linked equities, adding shares of Coinbase, Circle and Bullish as prices slid across the sector.According to ARK’s daily trade disclosures for Friday, the ARK Innovation ETF (ARKK) purchased 38,854 shares of Coinbase Global Inc., while the ARK Fintech Innovation ETF (ARKF) added another 3,325 shares, acquiring a total of $9.4 million worth of the exchange shares. Coinbase shares closed down 2.77% on the day at $216.95.ARK added a combined 129,446 shares of Circle Internet Group across ARKK and ARKF, a position worth roughly $9.2 million. The firm also added 88,533 shares…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
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