Author: Digicoinvision
US President Donald Trump said he pardoned Binance founder Changpeng “CZ” Zhao after lobbying and support by “a lot of people” that told him he wasn’t guilty. CZ’s pardon was signed on Wednesday, and Binance confirmed the presidential order to Cointelegraph in a statement.During a press conference on Thursday, Trump said he chose to pardon the Binance founder because he “was recommended by a lot of people,” had a lot of support and “people say that he wasn’t guilty of anything.”“I don’t know him, I don’t believe I’ve ever met him, but I’ve been told he had a lot of support,…
Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to trade slightly below the psychologically important $4,000 price level, following the brutal drawdown on October 9, which saw the digital currency test the support at around $3,435. Ethereum Stays Above Realized Price – Bullish Momentum Soon? According to a CryptoQuant Quicktake post by contributor TeddyVision, Ethereum is trading above its Realized Price at approximately $2,300. Dubbing the price level a “fundamental support zone,” the analyst said that historically, any dips below this level have marked a capitulation phase. Related Reading For the uninitiated, Realized Price represents the average cost basis…
The global non-fungible token market is slated to get hotter and even hotter in the coming weeks and possibly retest another bull run before the end of the year. This bullish NFT market prediction is tied to innovations scheduled to be launched in the NFT sector. In the coming days, a new non-fungible token trading strategy is launching in the global NFT market and is expected to revive the hype around NFTs. Brand New NFT Strategy Is Launching Soon In an October 22 blog post, Rodo, a renowned crypto and non-fungible token influencer, confirmed that a new non-fungible token trading…
Oracle provider RedStone has integrated event-driven market data from the US Commodity Futures Trading Commission (CFTC)-regulated financial exchange and prediction market Kalshi across over 110 blockchains, expanding access to real-world prediction data for decentralized applications (DApps).RedStone announced the partnership with Kalshi on Thursday, bringing its prediction market data to more than 110 networks, including Ethereum, Solana, Base, The Open Network and Sui. The integration allows DApps to access Kalshi’s data sets that cover events like elections, interest rate decisions and cultural moments like musician Taylor Swift’s live television appearances. The CFTC regulates Kalshi as a designated contract market (DCM), which means…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is once again under pressure, struggling to find the strength to reclaim the $4,000 level amid growing uncertainty across the crypto market. Investor sentiment has turned increasingly cautious, with mixed opinions emerging among analysts — some warning that a bear market may be taking shape, while others believe this correction could precede a massive rally in the coming weeks. According to CryptoQuant insights, the latest on-chain data reveals a notable shift in Ethereum’s exchange activity that could shape short-term price dynamics. Despite the recent decline in…
Fireblocks, a digital asset infrastructure company, announced on Thursday that it acquired Dynamic, an enterprise-focused wallet provider.The integration of Dynamic’s tech stack into Fireblocks adds to the company’s suite of institutional-grade services, which includes treasury management, custody options, and wallet services, according to Thursday’s announcement.Dynamic provides the wallet infrastructure for 50 million onchain accounts, including accounts for crypto exchange Kraken and Web3 Companies like Magic Eden and Ondo Finance, according to Fireblocks. Michael Shaulov, CEO of Fireblocks, said:“Together, we now offer something the industry has never had: the complete stack for onchain finance, from custody to consumer, all on one…
Fidelity, a financial services company, has added Solana trading to its platform, making the network’s native token available to both institutional and retail clients.Solana (SOL) is now available to buy, sell, and trade on Fidelity Crypto, Fidelity Crypto for IRAs, Fidelity Crypto for Wealth Managers, and Fidelity Digital Assets’ platform for institutional investors, a spokesperson confirmed to Cointelegraph on Thursday. The spokesperson added:”The addition of Solana is a continuation of Fidelity’s decade-plus effort to develop the infrastructure, products, and educational resources for digital assets consistent with the solutions we provide for traditional asset classes.”The added support for SOL signals that…
ETHZilla is acquiring a key piece of financial infrastructure with its stake in Satschel, aiming to merge its tokenization expertise with a fully regulated marketplace for private credit and real estate. Summary ETHZilla invests $15 million in Satschel to advance regulated tokenization of real-world assets. The move follows ETHZilla’s pivot from Ethereum accumulation to becoming an on-chain alternative asset manager. The firm positions its Nasdaq-listed stock, ETHZ, as an “alternative asset investment” offering exposure to Ethereum, DeFi yields, and tokenized assets. According to a press release dated Oct. 23, ETHZilla has made a strategic $15 million investment to acquire a…
Opinion by: Nanak Nihal Singh Khalsa, co-founder of Holonym FoundationMore often than not, in the quest for the advancement of humankind and the betterment of human life, humanity has created more problems than it can solve. It’s a cycle of unintended consequences that can be traced back to our beginnings. The cave dwellers created weapons to aid hunting and food gathering, only for those weapons to become beacons of conflict and war. The same cycle repeats itself in a much different situation, but with similar repercussions if allowed to grow and fester.We are now firmly in the digital age. Most of…
Join Our Telegram channel to stay up to date on breaking news coverage Kraken CEO Dave Ripley has fired back against a senior executive of the American Bankers Association (ABA) who argued that stablecoin yields are a “detriment” to banks who are trying to support their community. “This is about ensuring banks continue to be in a position to support their communities and power the economy,” said ABA’s senior vice president of innovation and strategy, Brook Ybarra. She added that “a detriment to that would be allowing the likes of Coinbase and Kraken to pay interest on payment stablecoins.” Ybarra…