Polygon, the largest blockchain network born in India and now a global leader in Web3 infrastructure, has completed its most significant transformation: the transition from MATIC to POL. This change marks a monumental shift not only for the Indian community but for the entire cryptocurrency and decentralized finance landscape. The new POL token is not
Bitcoin is holding steady around $110,900 today after a choppy August filled with price swings and macroeconomic jitters impacting the current Bitcoin price prediction. Things seem to be settling down, with sentiment improving on the back of ETF inflows, a more optimistic macro picture, and increased action in the derivatives market. Traders are watching $112K
1Money, a company building a layer-1 blockchain for stablecoin payments, has secured 34 US money transmitter licenses and a Class F digital asset business license from the Bermuda Monetary Authority. According to a Thursday announcement, the company plans to launch global “stablecoin orchestration services” through its regulated entities. It aims to provide stablecoin infrastructure, including
1. The Rise of the DAT: A Symptom of Shallow Understanding As Bitcoin adoption by public companies accelerates, imitators are inevitable. The latest trend? DATs — “Digital Asset Treasuries” — which seek to replicate the success of Bitcoin treasury companies by allocating reserves to altcoins like Ethereum or Dogecoin. From the outside, the surface-level pitch
TL;DR Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally. Resistance near $111K remains firm, with downside targets near $103K if the price fails to break higher. Businesses allocate 22% of their profits into Bitcoin, while institutions add $43.5B to their balance sheets in 2025. Double Inverse Head and
In a tweet published today, Bloomberg’s senior commodity strategist, Mike McGlone, recalled the event that triggered the creation of Bitcoin – the Great Recession of 2008. It prepared the ground for the appearance of not only BTC but also “a flood of cryptocurrencies”. McGlone pointed out that there are approximately 20 million coins listed on
Latest inflation data suggest that the Fed will likely remain conservative in its rate cuts, far short of Trump’s preferred 1% level. Summary U.S. services inflation remained high in August, removing hopes for a higher rate cut The Fed will still likely cut interest rates by 25 basis points, as expected Higher-than expected interest rates
Key Takeaways Nasdaq now requires shareholder approval for firms issuing stock to buy crypto, with non-compliant companies facing suspension or delisting. Strategy, BitMine, SharpLink, and Ethzilla stocks fell alongside Bitcoin’s drop below $110,000, dragging the broader crypto market lower. Crypto-linked stocks fell Thursday after Nasdaq introduced new rules requiring some companies to obtain shareholder approval
A significant development is shaking up the investment world: BlockSpaceForce and Mainnet Capital have officially launched a groundbreaking crypto stock hedge fund. This new Singapore-based initiative aims to secure an impressive $100 million in assets under management (AUM), signaling a robust interest in the evolving digital asset landscape. This fund represents a unique blend of
Fintech giant Stripe today officially announced its partnership with venture capital firm Paradigm and revealed that the firms are launching a Layer 1 blockchain, Tempo. Tempo is an Ethereum-Virtual Machine (EVM)-compatible blockchain designed for high-volume payment use cases with a built-in stablecoin automated market maker (AMM), and claims high throughput, low latency, and opt-in private