The web3 player Backseat has sealed a deal to take over the Japanese crypto exchange Coinbook. Per an official Coinbook statement and a report from the Japanese-language media outlet CoinPost, the exchange will change its name and become a full-owned subsidiary. Japanese Crypto Exchange Has New Owner The Chiyoda Ward-based Backseat said that it had…
Asset management firm 21Shares has deepened its European footprint by launching three new crypto exchange-traded products (ETPs) on Nasdaq Stockholm, according to a March 24 announcement. The newly introduced products are the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP). With the listings on Nasdaq Stockholm,…
Macroeconomic uncertainty is keeping Bitcoin (BTC) in a tight price range as liquidity continues to contract due to declining speculative interest and trading volumes, according to the latest “Bitfinex Alpha” report. The firm said that large investors’ interest needs to return to push Bitcoin out of its current range. It highlighted that Bitcoin briefly gained…
Dubai-based crypto market maker and investor DWF Labs has announced the launch of a $250 million Liquid Fund aimed at expanding blockchain projects of different sizes. According to a press release shared with CryptoPotato, the fund will provide investments ranging from $10 million to $50 million per project, with a focus on accelerating Web3 adoption.…
Crypto observers were speculating on Monday that World Liberty Financial (WLFI), the decentralized finance (DeFi) platform backed by U.S. President Donald Trump and his family, might be testing its long-awaited dollar stablecoin before rolling out for the broader public. Blockchain sleuths earlier today noted a flurry of activity with a token labeled as World Liberty…
U.S. President Donald Trump’s media company, Trump Media (DJT), is looking to partner with crypto exchange Crypto.com to launch a series of exchange-traded products (ETPs) and funds (ETFs), the company said Monday. The ETPs will include crypto assets and securities from other sectors such as the energy industry, the announcement said. Crypto.com will provide the…
Bitcoin (BTC) may be evolving into more than just a hedge against financial instability — it could now be considered a bona fide tech stock, according to a new analysis by Standard Chartered head of digital assets research Geoffrey Kendrick. In a research report shared with CryptoSlate on March 24, Kendrick proposed reconfiguring the famed…
Acting Chair of the United States Securities and Exchange Commission (SEC) Mark Uyeda allegedly was the sole commissioner to vote against suing tech billionaire Elon Musk over his late disclosure of his stock in X (then Twitter), a Monday Reuters report claims. Key Takeaways: Uyeda and four other SEC commissioners held a private vote on…
Massachusetts’ top securities regulator has reportedly launched a probe into Robinhood over the popular trading platform’s recent decision to launch an in-app prediction markets hub that allows customers to bet on the outcome of events, including March Madness match-ups. According to a Monday report from Reuters, Massachusetts Secretary of State Bill Galvin — a notoriously…
Solana’s meme coin sector is back in the green. Both TRUMP and BONK have rallied, up over 7% each in the past 24 hours. But some traders are keeping tabs on Solaxy instead – believing this new Layer-2 project could explode even higher after its presale phase ends. TRUMP, BONK, and Others Rally as Solana…