[ad_1] Crypto exchange Bitget and Avalanche are teaming up to boost the adoption of digital asset trading and blockchain technology in India. Bitget announced on April 28 that it had entered a strategic collaboration with Avalanche (AVAX), that will leverage their strengths to bring web3 to the grassroots across India. The move follows various efforts by both Avalanche and Bitget in the quest to expand access and adoption of crypto. Devika Mittal, regional head at Ava Labs, commented: “Our goal with events is to provide a space to any web3 enthusiast – whether in Delhi or Varanasi, or anywhere else…
Author: NBTC
[ad_1] Would you offer insurance when expecting low odds of a claim being made? Most likely, you would, while pocketing the premium without a second thought. Bitcoin (BTC) traders are doing something similar in the Deribit-listed BTC options market, hinting at bullish price expectations. Recently, an increasing number of traders have been selling (writing) BTC put options, likened to providing insurance against price drops in exchange for a small upfront premium. They are implementing this strategy in a cash-secured manner by holding a corresponding amount in stablecoins, ensuring they can buy BTC if the market declines and the put buyer…
[ad_1] After a volatile end to 2024, THORChain’s native token, RUNE, suffered a sharp correction in Q1 2025 and ended the quarter at $1.14, down 74.5% quarter-over-quarter (QoQ). RUNE’s market cap fell 73.8% over the same period, falling from $1.5 billion to $400.9 million, its lowest since mid-2022. According to the latest Messari report, RUNE’s drop in value has greatly impacted THORChain’s DeFi USD, as the total value locked (TVL) in USD terms fell 50.5% from $368.6 million to $181.1 million by the end of the quarter. TVL peaked at $367.7 million on January 2 before declining in line with…
[ad_1] Spot US crypto ETFs witnessed net inflows of $484.1 million in the past seven days. This milestone reflects an important time for crypto investments, as the AUMs for these funds have reached $120.26 billion, according to data released today to Phoenix Group. CRYPTOCURRENCY ETFs OVERVIEW (7D) #iShares #FidelityWiseOrigin #Grayscale #ARK21Shares Total Assets under management: $120.26B Total Net Flow: + $484.10M#ETF #Bitcoin $BTC #Ethereum $ETH pic.twitter.com/SuNRoekofT — PHOENIX – Crypto News & Analytics (@pnxgrp) April 28, 2025 iShares leads in trading volume This surge of investment inflows has bolstered accumulative AUM for crypto ETFs. Blackrock’s iShares Bitcoin IBIT contributed the…
[ad_1] Big news is circulating in the crypto world! The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a crucial filing for a spot Avalanche ETF by prominent asset management firm, VanEck. This development, initially reported by Solid Intel on X, marks a significant procedural step in the journey towards potentially bringing a regulated investment product tied directly to the price of Avalanche (AVAX) to traditional financial markets. What Does the SEC Acknowledging the VanEck ETF Filing Actually Mean? For those new to the regulatory landscape, an acknowledgment from the SEC isn’t an approval. It’s simply the commission confirming…
[ad_1] BitGo announced today it has expanded its Solana staking program through a new integration with Marinade Native. Marinade Native is a popular staking protocol developed by Marinade Labs. The move allows BitGo clients to stake SOL directly from their wallets without giving up custody, tapping into competitive rewards while supporting Solana (SOL) network decentralization. This action makes BitGo the inaugural U.S.-qualified custodian to offer support for Marinade Native staking. Marinade Native offers two key features that differentiate it from traditional staking options: a Stake Auction Marketplace, where multiple validators bid for stake delegation to maximize user rewards, and Protected…
[ad_1] ION has announced a partnership with Mises, which is the world’s first mobile Web3 browser engineered for swift operations combined with advanced security capabilities and extension abilities. 🤝 We’re excited to welcome @Mises001 to Online+ and the Ice Open Network ecosystem!As the world’s first fast, secure, and extension-supported mobile Web3 browser, #Mises has tested hundreds of dApps to deliver a seamless Web3 experience to users around the globe.🌟 As part… pic.twitter.com/dsFGq9gw1b — Ice Open Network (@ice_blockchain) April 28, 2025 The joint effort represents an essential development toward building a decentralized internet that people can access easily. Through their partnership,…
[ad_1] New Hampshire’s move toward integrating digital assets into its financial strategy took a step forward this week as House Bill 302, which would enable the state to invest in Bitcoin and precious metals, passed its second Senate committee. The bill, first introduced in January, has now cleared four major legislative stages. HB302 began with a 16–1 vote in the House Commerce and Consumer Affairs Committee, followed by passage in the full House on April 10 by a narrow 192–179 margin. After being referred to the Senate, the bill was reviewed in its second committee, which issued a favorable 4–1…
[ad_1] SecondSwap announced on Tuesday its expansion to the Avalanche blockchain ecosystem following a successful launch on Ethereum earlier this year. The integration is designed to offer a transparent and accessible secondary market for tokens subject to vesting schedules or early contributor lockups, crypto.news can exclusively report. According to a Tokenomist report earlier this year, the sector is estimated to hold more than $100 billion in value. SecondSwap is a decentralized exchange focused on locked and vesting digital assets. Following its launch on Ethereum (ETH) in February, SecondSwap’s expansion to Avalanche (AVAX) introduces native smart contracts designed for managing token…
[ad_1] Digital asset trading volume in South Korea surpassed its stock market volume in 2024, a report by the country’s central bank has revealed. South Korean traders are globally renowned for their appetite for high-risk, high-return products, and digital assets fit right into this culture. According to the report by the Bank of Korea (BOK), the re-election of Donald Trump in the United States in November further fanned the flames, pushing the sector to record highs in the last three months of the year. The BOK report showed that the combined value of digital assets held by the country’s five…