Keyrock, a Brussels-based digital asset services firm, has raised a Series C round led by SC Ventures, the venture arm of Standard Chartered, at a valuation of $1.1 billion, the company said in a press release Tuesday. Ripple, which provides blockchain-based enterprise infrastructure, also participated in the fundraising as an existing backer. The funding round
With global uncertainty reaching historic highs and tensions escalating in the Middle East, leading figures in the financial world discussed the major disruptions in Bitcoin, gold, and oil markets. Strategists who came together on the channel “The Wolf Of All Streets” examined the new economic era awaiting investors. Highlighting the extreme uncertainty in the markets,
Bitcoin has jumped 2% this week, but shaky demand-supply dynamics and rising “real” interest rates could limit the rally. Last week, CoinDesk noted that inflows into spot ETFs have cooled, pointing to renewed institutional apathy. Further, stablecoin growth has stalled, signaling a lack of fresh fiat inflows. The figures look alarming compared to the supply
The cryptocurrency world is discussing not so much Bitcoin’s price movements, but rather the intriguing paradox between institutional adoption and regulatory pressures. Appearing on The Wolf Of All Streets, Alex Thorn stated that global banks are facing the “Innovator’s Dilemma,” suggesting they are conducting a strategic “delay” operation. According to Thorn, giant institutions like JPMorgan
The International Monetary Fund (IMF) has issued a striking warning about the impact of the war launched against Iran in the Middle East on the global economy. A blog post published by the institution’s chief economists stated that the conflicts that began with the US and Israeli attacks on February 28 have weakened the outlook
Breaking Bitcoin’s blockchain with quantum computers may not be as difficult as once thought, and Bitcoin’s Taproot technology, which enables more efficient, private transactions, may be partly to blame, Google’s Quantum AI team said Monday in a blog post and newly published whitepaper. The team said the computing power required to break Bitcoin’s security may
As Bitcoin ($BTC) trades below $70,000 following its latest decline, a crypto analyst is watching for a potential market bottom. His analysis suggests that a price floor could be near, as bearish momentum and selling pressure appear to be slowing. The analyst has pointed to a key indicator that has consistently signaled $BTC’s bear-market lows
Bitcoin price started a recovery wave above $67,000. $BTC is now consolidating below $68,500 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,500. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,350
Crypto exchange-traded funds (ETFs) faced a difficult week, with bitcoin and ether posting heavy outflows. Smaller assets showed mixed resilience, with $XRP attracting modest inflows. Crypto ETFs Slide as Bitcoin, Ether Post Heavy Weekly Losses The last full trading week of March began with promise, but it did not end that way. What started as