Category: crypto

SOON is launching new products that offer Solana-level performance in a service layer for deploying high-speed blockchains and trading platforms without building the infrastructure from scratch. The Infra Stack enables custom chains, while the Perp Stack focuses on trading infrastructure. SOON token has surged to $0.81 with potential for a pullback.

Bitcoin ETFs saw their second-highest inflow day as institutional interest in BTC rises following the cryptocurrency’s new peak. On October 6, $1.19 billion was pulled in, with BlackRock’s IBIT leading. The price of Bitcoin is holding above $124,000, signaling potential further increases if positive sentiment continues.

Dutch crypto firm Amdax raised 30 million euros to launch Amsterdam Bitcoin Treasury Strategy. The company aims to accumulate 1% of the total Bitcoin supply, targeting 210,000 BTC. This initiative will make Amdax one of the largest corporate Bitcoin holders after MicroStrategy.

India plans to introduce a digital currency backed by the Reserve Bank of India to replace unregulated cryptocurrencies. The government aims to discourage the use of private cryptocurrencies through heavy taxation and emphasizes the need for accountability and risk management. Regulatory uncertainty continues to affect the Indian crypto industry despite the lifting of the RBI’s…

Solana price has weakened after breaking its higher-low pattern, but remains within an ascending channel with potential upside towards $250-$255. Solana-based DApps generated over $141M in revenue in September, surpassing other blockchains. Public companies now hold 13.4M SOL, with Forward Industries leading corporate accumulation, indicating strong adoption and potential bullish momentum.

Tokenized gold market value has surpassed $3.02 billion, with Tether Gold (XAUT) and PAX Gold (PAXG) leading the market. The growth is fueled by rising gold prices and increased adoption by retail and crypto investors. Blockchain technology allows for seamless trading of gold on-chain, offering liquidity and security.

Vitalik Buterin supports the use of zk anonymous voting mechanisms to protect lawmakers from threats of violence. He advocates for anonymous decision-making to shield officials from retaliation and bias. Buterin believes that zero-knowledge proofs can enable verifiable yet anonymous voting on blockchain, enhancing privacy and security in governance.

BlackRock’s iShares Bitcoin Trust is on track to reach $100 billion in assets under management, making it the most profitable exchange-traded fund for the asset manager. The Bitcoin price has hit a new all-time high of $125,800, fueling interest in crypto investment products, with Bitcoin ETPs seeing record inflows.

The VWA token, also known as Vanguard RWA, saw a surge in trading volume and price, but it has no connection to BlackRock or Vanguard. Despite claims, it did not appear on The Simpsons. Insider ownership is highly concentrated, and caution is advised due to potential red flags surrounding the token.

BNB Chain integrates Chainlink’s Data Standard to provide verified U.S. Commerce Department data on-chain for DeFi developers. This collaboration allows for the creation of applications using official federal statistics, enabling the development of inflation-linked tokens, GDP-based contracts, and risk models reflecting macroeconomic conditions. This initiative expands DeFi’s reach by offering real macroeconomic data to developers…