Tag: globalhub

UK Unveils Draft Crypto Rules Aiming for Global Hub Status

UK Unveils Draft Crypto Rules Aiming for Global Hub Status

The United Kingdom recently published draft regulations. These regulations are intended to establish the country’s standing as a worldwide leader in digital assets. These new rules will require non-UK platforms offering services to UK retail clients to get authorized by the Financial Conduct Authority (FCA). Further, UK-issued, fiat-backed tokens will...

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Crypto Market Update Ethereum Holds Strong, SUI Surges, and BlockDAG Presale Hits $340 Million

Crypto Market Update Ethereum Holds Strong, SUI Surges, and BlockDAG Presale Hits $340 Million

Ethereum continues to stay strong above $2,970, showcasing solidity in the crypto space. Second, SUI has exploded spectacularly as a recent hot trend. Meanwhile, BlockDAG is stealing the show with its highly successful presale and innovative community-building tactics.SUI is one of the hot new names, surging by almost 20% since...

Binance Lists Chainbase Velvet Futures Amidst Market Speculation

Binance Lists Chainbase Velvet Futures Amidst Market Speculation

Additionally, Binance, the world’s largest crypto exchange by trading volume, has launched futures trading pairs for Chainbase Velvet (CBV). The launch, which quietly rolled out on Monday, has already made waves through the market. The Chainbase Velvet, the most volatile and speculative of these, demonstrated a very bullish price action...

DeFi Leaders Warn CLARITY Act Could Cripple Innovation, Drive Developers Overseas

DeFi Leaders Warn CLARITY Act Could Cripple Innovation, Drive Developers Overseas

The crypto industry today is at an equally important juncture. The House is preparing to vote on the CLARITY Act, a bipartisan bill that would establish a clear regulatory framework for digital assets. While initially garnering support from prominent industry players, the CLARITY Act is now under intense scrutiny from...

GameSquare Bets Big on Ethereum with $100M DeFi Treasury

GameSquare Bets Big on Ethereum with $100M DeFi Treasury

They have played a very smart hand with $100 million for phased investments in Ethereum and DeFi assets. This allocation is supplemented with capital from an $8 million underwritten public offering. This acquisition would further solidify GameSquare as one of the leading players within the world of institutional cryptocurrency adoption....

DeFi Technologies Reports Strong Q1 2025 Performance Driven by Strategic Growth Initiatives

DeFi Technologies Reports Strong Q1 2025 Performance Driven by Strategic Growth Initiatives

DeFi Technologies, a Nasdaq-listed company that’s heavily involved in the crypto space, has reported record financial results for the first quarter of 2025. The company reported a record net income of C$43 million. This is a huge reversal from the C$19.3 million deficit it experienced in the comparable period last...

Trump's Crypto Push Faces House Vote Amid Regulatory Clash

Trump's Crypto Push Faces House Vote Amid Regulatory Clash

A bill central to the future of digital asset regulation in the United States is awaiting a vote in the House, part of a broader legislative push to reshape the financial landscape. French Hill, GENIUS is aimed at small and medium-sized enterprises (SMEs) and fintech startups. Beyond these examples, the...

Altcoins Outshine Bitcoin as DeFi and Layer-2 Solutions Gain Traction

Altcoins Outshine Bitcoin as DeFi and Layer-2 Solutions Gain Traction

As Bitcoin's dominance recedes, altcoins, particularly those associated with decentralized finance (DeFi) and Layer-2 scaling solutions, are capturing increasing investor attention. This move is often fueled by the excitement of increased potential yields. Platforms such as SEI and Optimism (OP) provide use cases that make Bitcoin’s dearth of yield options...

SharpLink's Ethereum Holdings Surge, Nearing Ethereum Foundation's Stash

SharpLink's Ethereum Holdings Surge, Nearing Ethereum Foundation's Stash

With Ethereum quickly becoming a dominant asset in the crypto world, SharpLink is moving fast to become one of the top accumulating entities themselves. The company’s announcement represents a broader strategic shift away from centralized exchanges towards Ethereum as a treasury reserve asset. This change has caused a dramatic increase...