$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out

On Oct. 22, Chainling announced the results of its industry-wide corporate actions initiative involving major financial players such as Euroclear, Swift, UBS, Franklin Templeton, and Sygnum Bank. Blockchain ecosystem partners included Avalanche, ZKsync, and Hyperledger Besu networks. The oracle provider successfully demonstrated how artificial intelligence, oracles, and blockchains “can solve a decades-long unstructured data challenge

On-chain analysis has shown that the number of mid-size ADA addresses has reached ATH. This may have contributed to the recent rally of ADA breaking from the months-long downward channel and now sitting above $1.20. In contrast, addresses holding more than 10K ADA have reached ATL. This could be a warning sign that mega whales…

Ethereum’s price rally has slowed down in recent weeks. The price has yet to break above the $2,000 level, which is making many market participants worried. Ethereum Price Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been forming higher highs and higher lows since rebounding from the 200-day moving…

[PRESS RELEASE – Hamilton, Bermuda, September 24th, 2024] HashKey Global, a licensed virtual asset exchange, has announced the launch of a zero-fee campaign for futures trading, set to go live on September 27, 2024. Aiming to become the world’s largest licensed futures trading platform, HashKey Global is the first in the industry to introduce zero

Nearly five decades after co-founding Apple, Steve Wozniak has participated in the launch of a company allowing investments in energy-efficient projects through blockchain called Efforce. The firm also released a native cryptocurrency that opened for trading on a large exchange and surged with four-digit percentages in less than a week. Years Later: Wozniak Launches Blockchain-based…

The central bank of Thailand reportedly urged local financial institutions to stay away from cryptocurrencies citing risks coming from their enhanced volatility. It added that the broad employment of bitcoin and the altcoins could also impact the Bank of Thailand’s ability to monitor the national economy. BoT Against Crypto Trading According to a coverage by…

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, believes Bitcoin is at its most discounted price on a 100-week and 200-week moving average. He also predicted that the crypto asset would trade 5x its current price in five to ten years. During a recent interview with Stansberry Research, McGlone opined that Bitcoin is getting…

BlackRock, the world’s largest asset manager, is partnering with US crypto exchange giant Coinbase, to offer digital asset exposure to institutional clients. Coinbase announced the collaboration in a blog post on Thursday (August 4, 2022). According to the statement, institutional clients of BlackRock’s investment management platform Aladdin (Asset, Liability, Debt, and Derivative Investment Network) will…