Predictions marketplace Polymarket is in early talks with investors about a new investment worth between $12 billion and $15 billion, Bloomberg reported Thursday, citing people familiar with the matter. That level would mark a more than 10-fold increase from its $1 billion valuation in June, when it raised $200 million in a round led by […]
Polymarket seeks investment at $12B-$15B valuation: Bloomberg Read More »
Fintech major Revolut has received a Markets in Crypto Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), which allows it to provide regulated crypto services across all 30 countries in the European Economic Area (EEA). Revolut, which serves more than 65 million customers globally, said the approval cements its compliance-first approach to
Quantum Solutions (2338), an AI-focused company building an ether ETH$3,884.95 Ministry of Finance, its Hong Kong subsidiary, GPT Pals Studio, said bought 2,000.13 ether ETH$3,884.95 for $7.85 million on October 21. The Tokyo-based company said it now holds 3,865.8 ETH worth about $15.1 million, with an average price of $4,101 per ETH. The purchase makes
Japan’s Quantum Solutions (2338) adds more ETH, now 11th largest company owner Read More »
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$109,354.16 has held above $100,000 for four consecutive months, a price stability that can be interpreted as the formation of a solid base for the next upward move. However, a large volume indicator used to confirm price trends shows a
Here’s Why Bitcoin (BTC) Could Crash Below $100,000 Read More »
The Financial Transactions and Reports Analysis Center of Canada (Fintrac) said it fined Xeltox Enterprises Ltd. (operating as cryptocurrency platform Cryptomus), a record C$176.96 million ($126 million) for widespread compliance failures under federal anti-money laundering and anti-terrorist financing laws. The fine was related to over 1,000 suspicious transactions and more than 1,500 large virtual currency
Canada’s anti-money laundering watchdog, Fintrac, fines record $126m fined for Cryptomus Read More »
Bitcoin BTC$109,442.18 traded steady near $109,000 in Thursday’s Asian hours, extending a broad range since the Oct. 10 crash that wiped out $19 billion in leveraged bets and dampened risk sentiment. Ether ETH$3,884.12 hovered near $3,850, with solana (SOL, XRP$2.4119and ADA$0.6386 barely moved in the past 24 hours. The break comes after a volatile start
Google’s Quantum Computing update rekindles old crypto fears Read More »
WazirX, once India’s largest cryptocurrency exchange by volume, will resume operations on October 24, according to an email sent to creditors. It ends more than a year of uncertainty for thousands of creditors left in limbo after one of the most dramatic collapses in the country’s crypto history, in which more than $230 million of
Users can start trading on Friday, after $230 million. hack is going to close Read More »
Meme coin is consolidating near psychological support, while institutional flows and increased trading activity suggest position building ahead of potential breakout. News background Dogecoin fell 0.61% to $0.192 during Tuesday’s session, pulling back from intraday highs of $0.195 as sellers capped gains at resistance. The move follows Monday’s brief push toward $0.20, with traders citing
Testing $0.19 Support as Tight Range Breakout Potential Read More »
XRP pulls back from intraday highs amid heavier trading activity, holding above key support levels while lagging broader crypto benchmarks. News background XRP fell 1.17% to $2.39 during Tuesday’s session, underperforming the CD5 index by 1.47 percentage points as sellers regained control in the short term. The move came despite a 5.77% increase in trading
What now when the structure tightens between $2.33 and $2.44 Read More »
Crypto-related stocks took a hit on Wednesday with recently high-flying bitcoin miners with artificial intelligence (AI) infrastructure taking the biggest hit. Bitfarms (BITF), Cipher Mining (CIFR), Hut 8 (HUT) and HIV$0.1359 fell 10%-15% in the early hours of the session. Galaxy ( GLXY ), the digital asset investment firm with a growing data center operation,
GLXY, HUT, BITF Lead falls on Wednesday Read More »
