The Business & Technology Network
Helping Business Interpret and Use Technology
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Stader (SD) defied the broader market slump, emerging as one of today’s top crypto gainers.  The token’s sharp rise came after Bithumb, one of South Korea’s leading exchanges, announced the altcoin’s official listing on its spot trading platform. Bithumb Announces Stader (SD) Listing For context, Stader is a multi-chain staking platform offering non-custodial and liquid staking solutions...
Bitcoin is trading 10% below its all-time high, pressured by heavy profit-taking that has wiped out some of its value since August 14.  The leading cryptocurrency now trades around the $110,000 level, with on-chain signals suggesting a deeper correction could be imminent. BTC Futures Traders Retreat as Selloffs Continue On-chain data shows that sell-side pressure continues to mount,...
SharpLink, often dubbed the “ETH MicroStrategy,” is now trading below the value of the Ethereum it holds on its books. This turnout fuels speculation of a major market turning point, delivering one of those rare signals traders wait years to see. SharpLink’s NAV Discount Sparks Debate Over Ethereum’s True Bottom As of this writing, SharpLink’s total market capitalization is $3.24 billion...
Crypto exchange Kraken and the US SEC (Securities and Exchange Commission) are reportedly advancing the platform’s decision to tokenize traditional assets. It comes three months after Kraken launched xStocks, a program to tokenize over 50 US stocks and ETFS (exchange-traded funds). Kraken Meets SEC Task Force for Tokenized Trading Talks Nate Geraci, President of the ETF Store, revealed...
The crypto market’s uncertainty has made it difficult to find a strong potential portfolio addition at the moment. But even so, speaking to BeInCrypto, Michael Van De Poppe has identified three altcoins that investors have on their watchlist. “If there are three coins to look at in interesting verticals, then I would be looking at the following verticals: DePIN, Infra and DeFi. In the DePIN...
The U.S. Securities and Exchange Commission has delayed decisions on the Canary spot PENGU ETF and the Grayscale spot Cardano ETF. This marks another pause in the approval process for U.S. exchange-traded funds that provide direct exposure to cryptocurrency prices. The applications aim to expand mainstream participation in crypto investing. However, regulators have chosen to extend the review...
The cryptocurrency market experienced significant turbulence in the past 24 hours, with the total market capitalization dropping 3.83%. The downturn triggered nearly $1 billion in crypto liquidations, mostly from long positions. Despite the sharp decline, investors continue to buy the dip, suggesting resilient confidence in the market’s long-term trajectory. Crypto Market Slides, But Whale...
Last week, Osaka Governor Hirofumi Yoshimura highlighted the third-year results of the “Osaka International Financial City” initiative. The city has attracted 27 overseas financial institutions and 650 startups, signaling its ambition to position itself as a next-generation financial hub. Once considered Asia’s financial hubs, Singapore and Hong Kong now face competition as the rise of...
B Strategy, a digital asset firm founded by former Bitmain executives, said in a Monday press release that it will launch a Nasdaq-listed BNB treasury company targeting a $1 billion raise.‹ Backed by YZi Labs—the family office of Binance co-founder Changpeng Zhao—the initiative seeks to create a regulated vehicle for institutional exposure to BNB, Binance’s native token. CZ Backs B Strategy...
Medical device company Sharps Technology nearly doubled in value Monday, with its stock soaring 96% to an intraday high of $14.53, after announcing a $400 million plan to build a Solana-based digital asset treasury. The rally followed news of a private placement deal and a partnership with the Solana Foundation to acquire SOL, the blockchain’s native token. Sharps closed the day at $12.01,...