According to blockchain data firm CryptoQuant, between 13:11 and 13:16 UTC Wednesday, a small group of people purchased the massive amount of Bitcoin on the spot market on centralized exchanges. But why the crypto whales placed Bitcoin buying orders of nearly $1.6 billion in a few minutes on an exchange instead of an over-the-counter desk…

October 5, Arab Bank Switzerland announced its plan to integrate staking, custody, and trading services onto XTZ, the Tezos blockchain’s native token, to provide a digital asset environment for institutions, corporations, and high net-worth individuals. This announcement comes amid the token’s recent price surge, which led it to a new all-time high. The press release…

The non-profit Litecoin Foundation has unveiled its OmniLite platform, which offers access to smart contracts, tokenized assets, and NFTs. OmniLite allows you to create your own cryptoassets or tokens. In effect, you can now create DeFi projects on the Litecoin network. There is nothing better for an analyst than to see his forecast come true….

Dubai, UAE & Zug, Switzerland. 6 Oct 2021. Inspirational blockchain venture capitalist CV VC begins Dubai operations with gusto, in partnership with DMCC Crypto Centre. –      Blockchain start-ups have begun to avail of CV VC expertise. Many of the 900 applications to DMCC Crypto Centre from the UAE region intend to participate in the…

UAE-based crypto-asset exchange BitOasis has closed a $30 million Series B funding round led by Chicago-based Jump Capital and Dubai-based Wamda. The round was also joined by Alameda Research, Global Founders Capital, and existing investors, including Pantera Capital, Digital Currency Group, and NXMH. The new funds will be used to expand the company’s presence in…

A growing list of mainstream financial entities has continued to increase their exposure to crypto over the last year or so, writes Shiraz Jagati on Cointelegraph. The old adage “The crypto market is not for the faint-hearted” was put on full display recently when the total market capitalization of the industry dipped to a relative…