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Astra Fintech, a global blockchain payments provider, has launched a $100 million fund to support the Solana ecosystem’s growth throughout Asia, according to an April 21 announcement. Through the fund, Astra Fintech plans to deploy capital to accelerate projects and form partnerships with developers, companies, and regulators. The fund’s base of operations will be in …
Continue reading “Astra Fintech commits $100M for Solana growth in Asia”
A group of investors has filed a class-action lawsuit against decentralized cryptocurrency exchange Meteora, alleging the firm was involved in manipulating the launch and market price of the M3M3 token. In an amended complaint filed on April 21 in the US District Court for the Southern District of New York, the plaintiffs allege that venture …
Continue reading “Investors sue Meteora and VC firm, alleging fraud”
More than 70 cryptocurrency exchange-traded funds (ETFs) are slated for review by the US Securities and Exchange Commission (SEC) this year. According to Bloomberg analyst Eric Balchunas, the list includes proposed ETFs holding a range of assets, from altcoins to memecoins to derivatives instruments. “Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x …
Continue reading “More than 70 US crypto ETFs await SEC decision this year — Bloomberg”
ARK Invest has added exposure to staked Solana (SOL) to the portfolios of two of its exchange-traded funds (ETFs), the asset manager said in a client email reviewed by Cointelegraph. As of April 21, the two ARK funds — ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) — now hold shares …
Upexi, a brand owner that specializes in supply chain management, is diversifying into the cryptocurrency sector. On April 21, the company announced a $100 million raise, with over 90% earmarked for building a Solana (SOL) treasury strategy. After the announcement, shares of Upexi have skyrocketed from a $2.30 close on April 17 to $16.79 at …
Continue reading “Nasdaq-listed Upexi shares up 630% after $100M raise, SOL treasury”
The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000. BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes believes it may be the “last chance” to buy Bitcoin below …
Continue reading “Price analysis 4/21: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK”
New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump’s inauguration fund after the results of the 2024 election. According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, …
Continue reading “Consensys, Solana, and Uniswap CEO donated to Trump's $239M inauguration fund”
Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated. BTC/USD 1-day chart. Source: Cointelegraph/TradingView Trade war reactions fuel BTC price gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD matching month-to-date highs above $88,000. Bitcoin continued higher after the weekly close to …
Continue reading “Bitcoin price tops $88.5K as BTC doubles down on stocks decoupling”
Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO Bitcoin is the principal asset of the cryptocurrency world and even one of the world’s top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market …
Continue reading “Unlocking the potential of dormant Bitcoin in DeFi”
Pseudonymous Bitcoin stock-to-flow (S2F) model creator PlanB attacked Ethereum and mocked the project’s co-founder, Vitalik Buterin. PlanB mockingly reposted a June 2022 X post by Buterin in which the Ethereum co-founder said S2F “is really not looking good now.” PlanB responded with a new posting stating, “Ethereum is really not looking good now.” Source: PlanB …
Continue reading “Bitcoiner PlanB slams ETH: ‘Centralized & premined’ shitcoin”
