Backed by Blockchain Capital, the Amplify suite aims to enable platforms to generate yield and offer lending using customer-held digital assets.Paxos Labs has raised $12 million in a strategic funding round led by Blockchain Capital to expand its Amplify platform, a suite of tools...
Bitcoin rallied alongside stocks and investors’ hope for interest rate cuts, but is the rejection at $76,000 a sign of a bull trap?Key takeaways:The US Federal Reserve's shift toward balance sheet expansion may provide the liquidity needed to boost Bitcoin and broader risk markets.The...
The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%.Crypto mining pool operator Foundry Digital has launched a pool for the privacy-focused cryptocurrency Zcash, which the company says has secured nearly 30% of the Zcash network...
Large Ether investors are back in profit, increasing the chances of a rally toward $3,000, but resistance at $2,800 may delay the recovery.Ether's (ETH) rebound to $2,300 over the weekend put large investors back into profit but is this a sign that ETH may...
Bitcoin rallied above $74,000 after the Monday stock market close, but derivatives data show that some traders remain bearish.Key takeaways:Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments.Bitcoin futures premiums and miner selling suggest that the...
The technology services provider said wealth managers have faced challenges integrating digital assets without relying on separate systems.Broadridge Financial Solutions has launched a digital asset platform for Canadian wealth managers, allowing companies to offer cryptocurrencies and tokenized assets alongside traditional investments.According to Monday’s announcement,...
