Goldman Sachs Sees Spike in Crypto Options Engagement Among Hedge Funds
Goldman Sachs’ hedge fund clients are reportedly showing increased interest in crypto derivatives, spurred by the resurgence of the crypto market. The bank officially launched its crypto trading desk in 2021. It then began to facilitate various Bitcoin-linked trades, including Bitcoin
Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues. Per Hanguk Kyungjae, Bithumb is looking to “accelerate” its proposed KOSPI
Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues. Per Hanguk Kyungjae, Bithumb is looking to “accelerate” its proposed KOSPI
Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users
Friend.tech, a social platform leveraging Web3 technology, has proposed a new ownership model by offering its shares to its users. The move is intended to empower platform users, who were previously mere participants, to become investors with a vested interest in the company’s
PUMP Chinese Meme Coin Raises 280m in Crypto Presale, Where Will Funds Rotate Next?
BakerySwap, a decentralized exchange, has set a new benchmark in the meme coin sector with its PUMP Chinese Meme Coin presale. Garnering over $280 million, this launch represents a record-breaking venture into the volatile yet tantalizing world of digital assets. This
Solana Meme Coin Pundu Raises $37m While Dogecoin20 Powers Past $7.6m
Sunday, March 24th, 2024 – Solana meme coin $PUNDU has closed out its presale with a whopping $37 million raise, but Dogecoin20 is still open, and contributors are pushing its presale towards a $10 million hard cap sellout. At the time
Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets
Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors. In a recent post on X, Sirer expressed concerns about these “trash” projects while educating users about their
Crypto Markets Require Transparency, Says SEC Chair Gary Gensler
The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator. In his closing remarks during a speech at Columbia Law School, Gensler emphasized the importance of mandatory disclosure for market
Solana Price Prediction as SOL Bounces From $170 Level – Is the Sell-Off Over?
As Bitcoin continues to shape the cryptocurrency landscape, its influence extends to altcoins like Solana (SOL), which recently rebounded from the $170 mark, hinting at a potential end to the recent sell-off. With Cathie Wood reiterating a Bitcoin price prediction
Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns
AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX’s bankruptcy proceedings. Executives at Anthropic have cited these concerns as the reason for ruling out Saudi Arabian involvement, as reported