Sonic Labs Targets Wall Street: ETF Proposal and $150M U.S. Initiative Indicate DeFi’s Most Audacious Step to Date
Sonic Labs, recognized as one of DeFi’s most dynamic growth narratives, has just placed a substantial $150M wager on Wall Street. In its inaugural governance initiative, the Sonic crypto network is requesting approval to establish Sonic USA, a Delaware-registered organization designed to integrate
Sonic Labs Targets Wall Street: ETF Application and $150M U.S. Initiative Indicate DeFi’s Most Audacious Move So Far
Sonic Labs, recognized as one of the most dynamic growth narratives in Decentralized finance, has recently made a $150M investment on Wall Street. Through its inaugural governance proposal, the Sonic crypto platform is requesting authorization to establish Sonic USA, a Delaware-registered entity designed
BlackRock’s Bitcoin Holdings Reach 3.7% of Overall Supply: Keeps Acquiring Ethereum
BlackRock’s iShares Bitcoin Trust (IBIT) has discreetly accumulated upwards of 3% of the total Bitcoin available. This highlights the growing institutional interest in Bitcoin, as corporate giants Strategy and Metaplanet further bolstered their treasuries with additional BTC ▲0.18% amidst significant price fluctuations. As
Strategy and Metaplanet Currently Hold 3.1 Percent of Bitcoin’s Total Supply
Two leading corporate Bitcoin investors, Strategy and Metaplanet, have increased their holdings once more, elevating their combined portfolio to almost 3.1 percent of the entire Bitcoin circulating supply. As public corporations persist in viewing BTC as a strategic asset, the supply dynamics are
Wall Street Titans Intensify Focus on Bitcoin Through ETFs and Stocks
Wall Street’s engagement with BTC is increasingly difficult to overlook. Major financial entities are doing more than merely exploring; they’re diving in with determination now. Recent disclosures indicate that companies such as Wells Fargo, Cantor Fitzgerald, and Jane Street are markedly enhancing their
Uptrend IPO Soars Upon Launch: Could BLSH Be the Top Crypto Stock to Invest In?
On the previous day, Bullish, a crypto asset exchange supported by billionaire Peter Thiel, one of the co-founders of PayPal, made its debut on the NYSE with the ticker symbol BLSH. Following the success of the Circle IPO, this remarkable performance was anticipated.
[LIVE] Current Crypto Updates, August 14 – BTC Value Reaches New All-Time High Exceeding $124K: Which Crypto Will Surge Next?
The price of BTC has surged to a new all-time peak of $124,128, reflecting a 3.58% rise in the last 24 hours. Its market capitalization now stands at $2.457 trillion, surpassing Alphabet to become the fifth-largest asset globally, trailing behind gold, Apple, Microsoft,
Norwegian Crypto asset Might Be The Genuine Slumbering Titan of the Market
Norway's $1.5 trillion Government Pension Fund Global, overseen by Norges Bank Investment Management (NBIM), presently has indirect exposure to 7,161 BTC, valued around $862.8 million as of June 30, according to K33 Research. The fund's position surged by 88 percent over the last
What’s Happening with Crypto Treasuries? An Overview of TradFi’s Latest Strategy
The era in which digital currency was exclusively the realm of retail investors is over. With the emergence of crypto treasuries, institutions are actively observing the sector. More and more publicly listed firms in the United States, Europe, and Japan are delving into
What’s Happening With Crypto Treasuries? An Explanation of TradFi’s Latest Strategy
The era when cryptocurrency was only for retail investors has passed. With the emergence of crypto treasuries, institutions are now paying close attention to the market. Increasingly, publicly traded companies in the U.S., Europe, and Japan are investigating digital currencies like Bitcoin, Ethereum,