[ad_1] Ethena Labs and Securitize unveiled Converge, a new blockchain that promises to bridge the gap between traditional finance (TradFi) and DeFi. This collaboration seeks to bring institutional-grade offerings to the DeFi space, alongside standard applications for retail investors, offering a new dimension of tokenization and financial infrastructure. Introducing Converge: The Future of Institutional DeFi & TokenizationToday at Tokenize NYC, Securitize & @ethena_labs announced @convergeonchain, a new institutional-grade blockchain built to bridge DeFi and traditional finance.Converge will:🔹 Serve as the settlement layer… pic.twitter.com/F6UPvBzr3I — Securitize (@Securitize) March 17, 2025 What is Converge and How Will It Work? Converge is a…
Author: NBTC
[ad_1] A few signs of recovery have started to be seen in the crypto market, with Ethereum‘s present price of $1,648.6 showing a 1.8% increase over the past 24 hours. Even while Bitcoin rose above the $84,000 threshold, Ethereum has been caught within a descending channel since December 2024. The price of Ethereum plummeted by more than 65% from around $4,000 at its peak, as it stands today. Ethereum Price Analysis According to the daily chart, Ethereum prices have been under strong bearish trend since December 2024. The crypto asset has developed a descending channel. However, recent price actions indicate…
[ad_1] The Ripple SVP of Strategic Initiatives, Eric van Miltenburg, recently discussed the company’s efforts to revolutionize global financial infrastructure. Specifically, Miltenburg noted that Ripple is setting itself up as an alternative to SWIFT. He shared this perspective while speaking at a panel during the 2025 World Economic Forum in Davos. XRP community figure Crypto Eri recently drew attention to Miltenburg’s statement in a tweet. This follows ongoing debate in the community about Ripple’s expanding role in global payments amid the company’s new acquisition. Ripple’s Infrastructure: A Modernized Alternative to SWIFT During the panel discussion, Eric van Miltenburg emphasized Ripple’s…
[ad_1] UXLINK is excited to announce its strategic partnership with Solv Protocol to unite traditional finance with decentralized technologies. The collaboration primarily leverages an investment from UXLINK’s ecosystem fund, UFLY Labs. This alliance is a significant step in introducing institutional Bitcoin ($BTC) capital into the decentralized finance (DeFi) space. It further represents a massive leap for the adoption of mass crypto. 🚀 We are happy to announces the strategic partnership with @SolvProtocol and the investment from #UXLINK ecosystem fund @UFLY_Labs .Solv is a leading protocol enabling institutional Bitcoin capital to enter DeFi, managing $2B+ $BTC assets and serving as a…
[ad_1] Taking to social media platform X, Ethereum Foundation (EF) Co-Executive Director Tomasz Stanczak has highlighted Vitalik Buterin’s role in the nonprofit organization. Vitalik Buterin, an Ethereum cofounder, generally contributes to the growth and development of the network. Buterin’s leadership position at EF In his post, Stanczak explained Buterin’s role at the Ethereum Foundation following the recent leadership overhaul. According to Stanczak, the EF wants Vitalik to stop concentrating on day‑to‑day coordination or crisis response. They think this would free up more time for him to perform research and exploration. Our discussions about the Layer 1 scaling roadmap have been…
[ad_1] This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Overanalyzing every crumb in Satoshi Nakamoto’s long-cold trail isn’t exactly useful these days. Not to mention that Satoshi left for a reason and deserves his privacy. But there’s hardly a better excuse to lean into the Nakamoto mystery than a cryptic fake birth date. It’s generally assumed that Satoshi listed April 5, 1975 as his birthday as a reference to President Roosevelt’s Executive Order 6102, which on that day in 1933 made it illegal for US citizens to hold physical gold — forcing them to…
[ad_1] ECB President Christine Lagarde is pushing for the digital Euro to become a reality by October 2025. A European central bank digital currency could soon become a reality. In a press conference on April 17, European Central Bank President Christine Lagarde stated that the digital Euro could be launched by October 2025. Lagarde called the digital Euro, a CBDC to be issued by the EU’s central bank, “critically important” and “more imperative now than ever before.” The deadline for us is going to be October of ’25, and we are getting ready for that deadline. But we will not…
[ad_1] Canary Capital CEO Steven McClurg said the firm’s recent “out-of-the-box” crypto exchange-traded fund (ETF) filings are a calculated approach to engage with assets that have potential and unmet demand. In a recent interview with CryptoSlate, McClurg explained the rationale behind the company’s filings, ranging from the first Litecoin (LTC) ETF to the first fund to give exposure to a non-fungible token (NFT) collection in the US. He explained: “If you’re a big shop like BlackRock, you can afford to take chances. If you’re a smaller shop like us, we don’t do anything unless we really feel like we can…
[ad_1] The BTC price stays between $81,950 and $84,497 in consolidation but a price breakout will establish the market direction. The price targets are influenced by Fibonacci calculations and CME gaps because Fibonacci supports are at $80,300 and $88,654 while $77,500 stands out as the result of a CME gap. The price needs to stay above $81,555 since a fall below this threshold might create bearish momentum unless encouraging economic forces emerge. Bitcoin faces a pivotal decision point because trading activity limits itself to a tight resistance band that will shape its upcoming price movement. Technical analysts watch Bitcoin closely…
[ad_1] Brad Garlinghouse has marketed XRP as a viable payment innovation. XRP price remains in the spotlight as bearish sentiment engulfs the market. Software and blockchain firm Ripple Labs is in the news following a recent interview with CEO Brad Garlinghouse. The CEO pushed the adoption of XRP while speaking at an event involving the International Monetary Fund (IMF) and the Swiss National Bank. Garlinghouse Hails XRP and Flaws Bitcoin Edward Farina, CEO of Alpha Lions Academy, shared a short video on X, showing Garlinghouse presenting XRP’s capabilities before the IMF and Swiss National Bank. Farina commented that Garlinghouse destroyed…