Ava Patel's expertise lies in creating engaging and informative content about the latest trends and opportunities in the crypto space. Her writing is known for its clarity, accuracy, and ability to convey complex concepts in a way that is accessible to both novice and advanced readers.
Wirex has introduced a new service called Wirex Travel, which offers significant discounts on hotel bookings and cashback rewards. Users can save up to 65% on hotel stays and receive 8% cashback when they pay with a Wirex card. This launch directly competes with Travala, a well-established platform in the crypto travel market backed by Binance. Wirex is known for its Web3 money app and is now expanding into the
Canary Capital has submitted a proposal for a new type of exchange-traded fund (ETF) called the Pengu ETF. This would be the first ETF of its kind. The firm is an institutional crypto trading and management company. They filed the registration statement with the U.S. Securities and Exchange Commission (SEC) on Thursday. The Pengu ETF will invest in non-fungible tokens (NFTs) and various cryptocurrencies. Specifically, it will focus on the
Coinbase is in advanced talks to acquire Deribit, a leading trading platform for bitcoin and ether options. This information comes from Bloomberg, which cites anonymous sources. Both companies have informed Dubai regulators about these discussions, as Deribit holds a license there. Any buyer would take over this license. Coinbase is the largest crypto exchange in the U.S., while Deribit is the biggest for options trading. Coinbase has not confirmed the
Over $2 billion in Bitcoin and Ethereum options are set to expire today, following significant events like the FOMC meeting and the Digital Asset Summit. This expiration could lead to short-term market volatility, as traders monitor the situation closely. Data from Deribit indicates that many Bitcoin and Ethereum contracts are nearing their expiration. For Bitcoin, a large number of contracts are closing near a price point known as the “maximum
Volatility Shares is set to launch the first-ever exchange-traded funds (ETFs) that track Solana futures. This event is significant as it may lead to the approval of a spot Solana ETF in the future. The launch follows a pattern seen with Bitcoin and Ether, where futures-based products were approved before spot ETFs. According to a Bloomberg report, Volatility Shares will introduce two ETFs: the Volatility Shares Solana ETF (SOLZ) and
World Liberty Financial (WLFI) is a decentralized finance (DeFi) project that has gained attention due to endorsements from former President Donald Trump and his sons. The project recently completed its token sale, raising $550 million. WLFI was launched in September and aims to promote decentralized finance and stablecoins pegged to the US dollar. The main feature of WLFI is its DeFi lending platform, which operates on the Ethereum blockchain and
Europe leads the crypto-friendly banking sector, with 55 banks offering digital asset services. This number surpasses that of Asia and North America. These banks provide various services, including custody, trading, and fiat-crypto conversions. This makes Europe the top region for integrating cryptocurrency into traditional finance. The growth of crypto-friendly banks in Europe is largely due to a strong regulatory framework. Countries like Germany, Switzerland, Liechtenstein, and Lithuania have taken the
Arkham Intelligence has launched a new tool to track the wallets of major crypto influencers. This tool, called the Key Opinion Leader (KOL) Label, focuses on influencers with over 100,000 followers on X (formerly Twitter). It aims to show whether these influencers genuinely support the projects they promote or if they are just involved in paid promotions. This comes at a time when meme coins are becoming popular, even though
FIFA President Gianni Infantino has suggested that FIFA might create its own cryptocurrency. This idea was shared after President Donald Trump’s Crypto Summit on March 7. Infantino expressed strong interest in developing a FIFA coin, aiming to connect with the 5 billion football fans worldwide. He stated, “If there is anyone here who wants to cooperate with FIFA, we are here with the United States, and we will conquer the
Kraken crypto exchange is considering going public with an initial public offering (IPO) in early 2026. This information was first reported by Bloomberg, based on sources close to the company. However, Kraken may change its plans. A spokesperson for Kraken mentioned that the company recently shared its financial highlights for 2024 to be more open about its business. They have a history of transparency, having been the first to publish
El Salvador’s president, Nayib Bukele, has rejected a new request from the International Monetary Fund (IMF) regarding the country’s Bitcoin purchases. He stated that El Salvador will continue to buy Bitcoin regardless of outside pressure. Bukele expressed his determination on social media, saying that the country’s Bitcoin strategy will not change, even after facing challenges and criticism. The IMF’s request is part of a $1.4 billion loan deal with El
President Donald Trump is set to announce plans for a strategic Bitcoin reserve at the White House Crypto Summit this Friday. Commerce Secretary Howard Lutnick shared this news, stating that the initiative aims to make the US a leader in digital assets and blockchain technology. Lutnick emphasized that Trump sees a Bitcoin reserve as essential for America’s financial future. He mentioned that the President has been interested in this idea