Stijn Paumen, the CEO of the rapidly growing cryptocurrency payment platform Helio, gives off a feeling that we’re dealing with a relatively new and developing market. The CEO and founder pointed out that while decentralized blockchain systems like Bitcoin and Ethereum bring new innovations, the capabilities and efficiency of conventional financial structures still surpass the … Read more
Shiba Inu manages to garner $12 million by selling its latest TREAT token. This financial boost will be instrumental in building a confidential Layer 3 blockchain. Notable investors, including Polygon Ventures and Mechanism Capital, as well as other prominent venture capital firms such as Big Brain Holdings and Shima Capital, have participated in this funding … Read more
For the second consecutive week, crypto investors removed approximately hundreds of millions of dollars from digital asset investments, spurred by apprehensions over rising interest rates and global political unrest. Last week, there was a total withdrawal of $206 million from digital asset investment products as reported by CoinShares. The majority of these withdrawals came from … Read more
Coverage of Hut 8, a Bitcoin mining company, has started at Benchmark with a recommended buy position and an estimated price goal set at $12. After the merger of Benchmark with U.S. Bitcoin Corporation was finalized, their business model’s diversity was considered during the evaluation process. This diversified model encompasses various new income streams from … Read more
Bitget Research provided a report on adopting cryptocurrencies in the Middle East region. Based on a study obtained by crypto.news, there were approximately 500,000 cryptocurrency traders actively trading in the Middle East in the year 2024. This represents a significant increase of over 166% compared to the previous year. It is projected that this number … Read more