Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
Valour, a subsidiary of DeFi Technologies and issuer of exchange-traded funds, has announced the launch of two new ETPs for Litecoin and Curve DAO Token. Valour launched the Valour Curve DAO (CRV) and Valour Litecoin (LTC) exchange-traded funds on the Spotlight Stock Market in Sweden. Following the announcement, prices for both assets rose, with LTC surging more than 12% to outpace most top-100 altcoins by market cap. The rally comes even as the U.S. Securities and Exchange Commission recently delayed a decision on a proposed spot Litecoin ETF. Litecoin, often dubbed “digital silver” in relation to Bitcoin, rose above $92,…
Revolut has partnered with Lightspark to integrate Bitcoin’s Lightning Network into its payments infrastructure for users in the UK and select European Economic Area countries. Revolut is now using Bitcoin’s (BTC) Lightning Network through Lightspark to let users send crypto instantly and with lower fees, making digital payments faster and cheaper, according to a company post. The move is designed to reduce network costs and transaction times, tapping into what Lightspark describes as the “open Money Grid.” Revolut’s GM of Crypto, Emil Urmanshin, said the integration is part of the fintech company’s broader goal to offer faster and more affordable…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As traditional crypto giants lose their shine, investors are flocking to WinnerMining’s cloud platform for hands-free, high-yield mining and daily passive income. More and more investors are turning away from traditional cryptocurrency giants and opting for WinnerMining’s cloud mining services, which promise impressive daily returns. This shift stems from the platform’s advanced and stable Bitcoin miners, which offer a more convenient and profitable alternative to traditional mining methods. WinnerMining has become a leader in the cloud mining market, allowing…
Asset Entities surged over 200% in trading following news that it will merge with Strive Asset Management to form the first publicly traded Bitcoin treasury asset manager. The combined entity will operate under the Strive brand and remain listed on NASDAQ, with a mission to maximize long-term Bitcoin exposure per share. The new company intends to accumulate Bitcoin (BTC) aggressively using a multi-pronged approach. This includes a first-of-its-kind offering that allows accredited investors to exchange Bitcoin for equity in the public company, potentially in a tax-free manner under Section 351 of the U.S. tax code. The company also plans to…
Bitcoin and most altcoins rose on Wednesday as investors cheered the upcoming US-China trade talks. The market also reacted positively to a drop in crude oil prices ahead of the Federal Reserve’s interest rate decision. Bitcoin (BTC) rose to $97,000, its highest level since February, giving it a market cap of over $1.92 trillion. Top altcoins like Stacks (STX), Flare (FLR), JasmyCoin (JASMY), and Dogecoin (DOGE) jumped by over 3%. The primary catalyst for the rally is the planned meeting between senior US and Chinese officials in Switzerland this weekend. The talks aim to de-escalate tensions between the two countries…
Liquid staking is coming to IOTA’s DeFi ecosystem, potentially boosting its liquidity and capital efficiency. Liquid staking is coming to IOTA. On Wednesday, May 7, liquid staking solution Swirl launched on the IOTA (IOTA) mainnet. According to the protocol, it is the first liquid staking solution on the IOTA layer 1 network. With Swirl, users can earn IOTA staking yields on their tokens while also retaining liquidity. This works by allowing users to stake their IOTA in return for stIOTA, a liquid token that can be traded at any time. Over time, rewards equivalent to an annual percentage yield of…
Quant Network’s native token, QNT, has been on a rally in the days following the protocol’s institutional partnership with the European Central Bank’s digital euro project. According to data from crypto.news, QNT (QNT) has risen more than 11% in the past 24 hours. It has maintained a steady uptrend over the past few trading sessions, gaining more than 20% in the past week and over 50% in the past month. However, it remains nearly 80% below its all-time high. Quant’s token has reached a market cap of approximately $1.3 billion, with daily trading volume exceeding $30 million. Compared to the…
Thumzup Media Corporation has filed an amendment to its universal shelf registration with the SEC, increasing the potential total offering amount from $200 million to $500 million. The company says the expanded registration is intended to support working capital needs and further its Bitcoin (BTC) reserve strategy. The amended Form S-3 filing would give Thumzup the ability to raise up to half a billion dollars over the next three years through the issuance of various securities, including common stock, preferred stock, warrants, debt securities, and other instruments. The registration is not yet effective, and no securities are being offered at…
U.S. stocks rose on Wednesday as markets reacted to news of trade talks between China and the United States. S&P 500 gained 0.32% as it opened higher after consecutive sessions of downward pressure for stocks. While the Nasdaq was up by 0.29%, the Dow Jones Industrial Average edged higher at the open, climbing more than 200 points as investor attention turned to the Federal Reserve’s interest rate decision expected later in the day. Gains sees the major U.S. indices appear set to end a two-day losing streak that materialized as markets remained cautious amid tariffs uncertainty. However, news that top…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A long-dormant Polygon whale just made waves by snapping up a rising new token, XYZVerse, fueling speculation that this sports-fueled crypto could be the next breakout to watch. After five years of silence, a major holder of Polygon tokens has resurfaced. This investor is now acquiring a new cryptocurrency linked to POL. The unexpected move has caught the attention of market watchers. The new token is showing signs of significant growth potential. Could this be a signal of shifting…