The Business & Technology Network
Helping Business Interpret and Use Technology
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FTT, the native token of the bankrupt cryptocurrency exchange FTX, has experienced a 36% price surge in the past 24 hours. It now trades at a monthly high of $2.61. It currently ranks as the top gainer among the top 100 crypto assets. The double-digit rally in FTT’s price is fueled by the recent announcement of FTX’s reorganization plan, which is scheduled to begin in January 2025. With a...
Hong Fang, President of OKX — a leading Web3 technology company and the world’s second-largest cryptocurrency exchange by trading volume — shared her expert insights on the unprecedented surge of Bitcoin and the broader implications for the crypto industry. Fang’s journey to becoming a prominent voice in the space is remarkable. Before joining the Web3 industry in 2019, she worked for eight...
MetaMask, a leading Ethereum wallet, launched its new Gas Station feature, enabling users to conduct token swaps without needing ETH for gas fees. This feature, also known as gas-included swaps, is now live for MetaMask Extension users on the Ethereum mainnet, with a mobile rollout planned soon. The initiative aims to simplify transactions, removing a longstanding barrier for users within the...
COCA Wallet is proud to announce that it is now available on Telegram, offering users an easy and convenient way to manage their cryptocurrency directly through the app. This integration brings a new level of accessibility and control for COCA users, enabling seamless crypto management on a platform that is used by millions worldwide. COCA Wallet offers both physical and virtual cards,...
Ripple’s (XRP) price rallied by 25% in the last 24 hours following Gary Gensler’s announcement that he would resign as the US Securities and Exchange Commission (SEC) chair on January 20, 2025. This development comes as a relief to the popular “XRP Army,” which has had to deal with suppressed price action due to the Gensler-led SEC’s nonstop petitions against Ripple. But that is not all that...
WOW Summit Bangkok 2024 is over, but the buzz is still in the air. The event was hosted on 11 and 12 November and became a resounding success, bringing together industry leaders, innovators, and tech enthusiasts from around the globe. The two-day event, held at the prestigious Emsphere-UOB LIVE, was a whirlwind of inspiring networking, insightful panel discussions, and the latest advancements...
VanEck and 21Shares are intensifying efforts to introduce Solana-focused ETFs (exchange-traded funds) in the US. The firms filed their proposals with the Chicago Board Options Exchange (Cboe) following earlier applications with the Securities and Exchange Commission (SEC). Filing with the Cboe signals progress, as the exchange plays a crucial role in ensuring these ETFs meet regulatory and...
Crypto markets will witness $3.42 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly as markets wait expectantly for Bitcoin to tag $100,000. With Bitcoin options valued at $2.86 billion and Ethereum at $561.66 million, traders are bracing for potential volatility. Unlike Ethereum, Traders Bet On Bitcoin...
On Friday, Solana (SOL) soared to a new all-time high (ATH), now trading at approximately $261. This breakthrough surpasses its previous peak set in November 2021. Solana’s rise to a new ATH marks an increase of over 32 times from its lows recorded in December 2022. Solana Hits All-Time High as Gary Gensler Plans Resignation Solana’s path to this new high has been anything but smooth....
ETF issuer WisdomTree’s European division just announced a new ETP based on XRP. This product is currently available in four EU countries, which has led XRP’s price to jump slightly. ETPs are a common issuer strategy to earn revenue without ETF approval, but Europe will not necessarily approve one even if the US does so. WisdomTree’s XRP ETP WisdomTree, one of the Bitcoin ETF issuers in...