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Swytch News (Page 2)

Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks

Binance has clarified its forthcoming BFUSD asset is not a stablecoin as crypto users started freaking out over its promise... Read more

Posted by cointelegraph.com yesterday

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Goldman Sachs is planning to spin off its digital assets platform into an independent company, aiming to enable large financial... Read more

Posted by bitcoin.com yesterday

Binance launches yield-bearing stablecoin-like token BFUSD with roughly 20% APY

Update: Binance has stated that BFUSD is not a stablecoin but a “reward-bearing margin asset for futures trading.” It has... Read more

Posted by cryptoslate.com yesterday

Genius Group kicks off Bitcoin treasury play with $10M in BTC

Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they... Read more

Posted by cointelegraph.com yesterday

Bitcoin surpasses Silver’s market cap, establishing itself as mainstream financial asset

Bitcoin’s (BTC) unprecedented surge past $90,000 has reinforced its growing alignment with mainstream financial assets, according to the latest “Bitfinex... Read more

Posted by cryptoslate.com 2 days ago

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Digital assets manager CoinShares says that institutional investors dropped over two billion dollars into crypto products last week. In its... Read more

Posted by dailyhodl.com 2 days ago

Microstrategy to Raise $1.75 Billion for More Bitcoin Purchases

Microstrategy Incorporated has unveiled a bold plan to raise $1.75 billion through a private offering of convertible senior notes, doubling... Read more

Posted by bitcoin.com 2 days ago

Spot Bitcoin ETF options set to debut this week following OCC approval, analysts predict

The Office of the Comptroller of the Currency (OCC) stated in a Nov. 18 memo that it is “preparing for... Read more

Posted by cryptoslate.com 2 days ago

Tether Announces New Investment to Support Upcoming Launch of ‘Milestone’ Stablecoins

USDT-issuer Tether is investing in Quantoz Payments to launch new Markets in Crypto-Assets Regulations (MiCAR)-compliant stablecoins in the European markets.... Read more

Posted by dailyhodl.com 2 days ago

Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real

PRESS RELEASE. São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces... Read more

Posted by bitcoin.com 2 days ago

Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real

São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch... Read more

Posted by cryptoslate.com 2 days ago

Coinshares: Digital Asset Market Hits Unprecedented $138 Billion in Managed Funds

Coinshares reported that digital asset inflows reached $2.2 billion last week, pushing year-to-date inflows to a record $33.5 billion. Crypto... Read more

Posted by bitcoin.com 2 days ago