CEA Industries Inc., a Canadian vape company, saw its stock surge by 550% following its pivot into digital assets. The entity announced it had priced an oversubscribed and upsized PIPE financing round, backed by 10X Capital and YZi Labs, in a bid to transform into a BNB-focused treasury vehicle. BNB Treasury Move In an official…
The flagship product will enable customers to make advanced purchases of cryptocurrency in markets with lower volatility. There will be several possible scenarios for placing orders, all of which are supposed to work in the user’s favor. Pre-Order Your Crypto In a press release shared with CryptoPotato, Binance, the company behind one of the largest…
CoinDCX CEO Sumit Gupta has refuted rumors of a potential $900 million purchase of the platform by Coinbase. The development follows a $44 million crypto hack that affected the Indian exchange two weeks ago. $900M Coinbase Deal On Monday, an Indian news outlet reported that Coinbase was in “advanced discussions” to acquire CoinDCX. Citing two…
The US Securities and Exchange Commission has acknowledged BlackRock’s filing about allowing investors in its flagship Ethereum ETF to stake their assets. Although this development doesn’t guarantee an official approval of the filing, it’s still a big step in the right direction. NEW: U.S. SEC ACKNOWLEDGES BLACKROCK’S FILING TO ALLOW STAKING IN ITS SPOT $ETH…
Bitcoin’s recent record-setting rally has triggered a notable shift in investor behavior, with long-term holders (LTHs) now offloading their stash, marking a potential inflection point in the market. On-chain data shows that LTHs, who typically hold Bitcoin for more than 155 days, have shed 52,000 BTC since the price reached its latest peak. Long-Term Holders…
The blockchain oracle company Redstone, which feeds data across hundreds of chains and rollups, has introduced a product designed to limit losses. It will be fueled by FastLane Labs’ Atlas, an execution abstraction protocol for securing on-chain apps. Instantaneous Results In a press release shared with CryptoPotato, Redstone, a modular oracle infrastructure for on-chain finance, announced the…
Over the past few weeks, crypto investors have been rotating their capital from bitcoin (BTC) into altcoins. That trend has not stopped. In fact, the market is witnessing a growing risk appetite among traders. According to a weekly report by the crypto exchange Bitfinex, this trend is also evident in open interest ratios. Investors are…
After hitting an all-time high of $3.65 in mid-July, XRP has entered a phase of consolidation. The token is gradually retracing to hover around the $3.15 mark. Despite multiple attempts to break higher, XRP has faced resistance near $3.3. This price action reflects a cooling-off period following the sharp rally from early July, when it…
Long-term Bitcoin (BTC) holders appear to be taking profits as prices test the $120,000 mark. This has sparked concerns about whether the actions signal cautious profit-taking or a larger trend. Incoming Correction? On-chain data shared by CryptoQuant shows that LTHs have flipped net negative at this key resistance level. This indicates that some are cashing…
Ether prices have skyrocketed 150% since their April lows below $1,500 to come just shy of $4,000 this week. The massive move has been driven by institutional exchange-traded products and a new wave of treasury companies scooping up the asset, and one of those firms thinks ETH is extremely undervalued. Tom Lee’s ETH treasury firm…