Finance
A new filing in Delaware's official registration portal suggests that investment firm Canary Capital may be preparing to launch another cryptocurrency exchange-traded fund (ETF), this time focused on the Sui blockchain token. According to records, an entity named "Canary Sui ETF" was registered on March 6,
Regulation
Senator Elizabeth Warren has formally requested that David Sacks, President Trump's recently appointed cryptocurrency advisor, publicly disclose his financial interests amid concerns about potential conflicts of interest in the administration's new crypto initiatives. In a letter sent Thursday, Warren (D-Mass.) called for Sacks to release details
Markets
The euro is on track for its strongest weekly gain against the dollar in 16 years this Friday, bolstered by Germany's significant fiscal reform plans. Meanwhile, the US dollar hovers near a four-month low as markets await the latest American employment figures. Currency markets experienced considerable volatility this
DeFi
Bitwise, a prominent crypto asset manager and ETF provider, has stepped into the world of decentralized finance (DeFi) through a new partnership with Maple Finance, a specialist in on-chain credit. Announced Thursday, this collaboration introduces Bitwise’s first allocation into DeFi, offering a bitcoin-backed lending product to accredited U.S.
Blockchain
Solana’s leadership is weighing a bold economic shift that could make its cryptocurrency, SOL, more attractive to investors by slashing its inflation rate. However, the proposal has sparked concerns that it might push out smaller validators—key players in keeping the network decentralized. At the heart of the discussion
DeFi
Lombard Finance is set to launch its liquid-staking bitcoin token, LBTC, on the Sui blockchain this Thursday, marking a significant step in expanding bitcoin’s role in decentralized finance (DeFi). This move introduces LBTC to its first blockchain outside the Ethereum Virtual Machine (EVM) family, joining networks like Ethereum, Base,
Cryptocurrency
RedStone, a blockchain oracle solution provider, has officially launched its RED token on Ethereum, designed to enhance security and decentralization of the platform's data delivery infrastructure through staking mechanisms. The token launched with a fixed supply of 1 billion RED tokens, which will be distributed across several allocations.
Markets
Bitcoin's futures market has experienced a significant contraction, with open interest dropping to its lowest level since August, according to data from blockchain analytics firm Glassnode. The total open interest has fallen from 546,000 Bitcoin to 413,000 Bitcoin (approximately $36 billion) across all exchanges since November,
Finance
Foundation Capital, a veteran Silicon Valley venture capital firm, announced Wednesday it has raised $600 million for its 11th fund, marking a significant expansion of its investment strategy in cryptocurrency, fintech, and artificial intelligence. The 30-year-old firm has built a reputation for backing startups at the earliest stages of development,
Markets
Bitcoin has tumbled to a three-month low under $88,000, dragging the broader cryptocurrency market into a steep decline. On February 25, 2025, the CoinDesk 20 Index dropped over 10% in just 24 hours, driven by fading investor confidence, a memecoin frenzy, and economic jitters in the U.S. Experts
Cryptocurrency
Dubai has officially approved Circle’s USDC and EURC stablecoins for use within the Dubai International Financial Centre (DIFC), a major financial hub, the company announced on Monday. This decision by the Dubai Financial Services Authority (DFSA) allows businesses to leverage these digital currencies for payments, financial services, and more,
Cryptocurrency
The XRP ecosystem is experiencing significant momentum, driven by institutional adoption, increased developer activity on the XRP Ledger, and the launch of new investment vehicles like the XRP Exchange-Traded Fund (ETF). These advancements have heightened the demand for a dedicated platform to support new projects and unlock capital within the