Danske Bank has begun offering Bitcoin and Ether ETPs to its retail customers. This move comes eight years after the bank banned its cryptocurrency services, despite high user demand.
Author: chloe
Robinhood officially announced that developers have begun experimenting with various applications within its new Layer-2 network, thus marking the start of Robinhood Chain development through a public testnet. This initiative seeks to create a controlled technical environment to evaluate the network’s performance before its final integration into the retail brokerage giant’s main services.
Canaan, the giant mining equipment manufacturer, experienced a 6.9% drop on Nasdaq after reporting Canaan’s financial performance during the fourth quarter of the year. Despite achieving quarterly revenues of 196.3 million dollars, the highest figure in three years, market pressure pushed its shares toward the delisting zone on Tuesday’s trading session.
Ethereum managed to hold above the $2,000 support level for the first time in several sessions. This suggests that a broader recovery is possible and that market signals indicate the coin remains stable despite negative sentiment and institutional pressure.
The Moonshots Program is a strategic initiative designed to identify, fund, and incubate high-impact finance projects on-chain. Its goal is to connect traditional finance with blockchain infrastructure.
Tether announced it will invest in LayerZero, aiming to expand the reach of USDT. The agreement seeks to combine Tether’s stablecoin infrastructure with LayerZero’s Omnichain Fungible Token (OFT) standards.
Cardano (ADA) has not been immune to the recent turmoil in the crypto market, experiencing significant price drops and reaching multi-month lows. However, it appears to be showing genuine signs of a price rebound.
The company Ripple has announced a strategic expansion of its institutional custody capabilities through new alliances with Figment and Securosys, seeking to optimize its staking and security services. Despite this technical progress, Ripple institutional adoption faces a complex landscape, with a market that has seen its native asset’s price drop drastically.
For the first time in a month, U.S. Bitcoin exchange-traded funds have recorded consecutive net inflows, snapping a redemption streak that had stretched back since mid-January. According to data provided, the positive flow began this Friday with 471.1 million dollars, adding another 144.9 million dollars during Monday’s trading session.
Chainlink co-founder Sergey Nazarov stated this Tuesday that the current bear market demonstrates the maturity reached by the crypto industry on a global scale. According to the executive, the current resilience is due to the absence of massive institutional collapses and the steady growth of tokenized real-world assets despite volatility.
