Crypto News

Ondo Finance, backed by Coinbase, expands into Asia Pacific, capitalizing on 73% weekly ONDO token surge. Company opens its first APAC office and appoints Ashwin Khosa as VP for Business Development in the region. The strategic move aligns with Ondo’s dominant position in tokenized securities, targeting APAC’s digital asset fervour. Ondo Finance, a prominent US-based issuer of tokenized securities backed by Coinbase , is making headlines with its strategic expansion into the Asia Pacific region. This move comes amidst a remarkable 73% weekly surge in the value of its ONDO token, showcasing the platform’s growing influence. The company’s entry into the dynamic APAC market is set to capitalize on the region’s fervent interest in digital assets, fueled by a thriving crypto community and evolving regulatory frameworks. Ondo Finance’s footprint in Asia Pacific While officially announcing its strategic expansion into Asia Pacific, Ondo Finance also announced the inauguration of its f...

Unibot price outlook as new Telegram trading bot Bitbot hits presale stage UNIBOT trades around $89 on January 20, down from highs of $236 in August 2023. With the token’s early investors seeing 200x following its launch, could Bitbot prove a better buy in 2024 given its advantages over Unibot? New Telegram trading bot Bitbot (BITBOT) launched its presale as anticipated earlier this week. It is currently attracting huge interest as the raised amount surpasses $147k in just three days.  Meanwhile, Unibot (UNIBOT), one of the popular Telegram-based crypto trading apps, is looking to bounce after hitting lows of $74.73 on January 19. Here is Unibot’s price outlook as the market eyes fresh momentum following this week’s struggles. But could Bitbot’s explosive start to the presale be a precursor of its eventual dominance of the space? What is Bitbot? Bitbot is a Telegram trading platform that offers the world’s first non-custodial crypto trading bot. What this means is that un...

SEC nods propel Bitcoin ETF options trading by Nasdaq and Cboe, marking a significant leap in crypto investment avenues. Nasdaq’s BTC ETF options promise cost efficiency, advanced hedging; Analysts foresee hedge fund influx. Pullix’s PLX token presale gains traction, introducing a game-changing “Trade-to-Earn” concept, reshaping crypto engagement. Just when everyone thought that 2024 had seen the most after the recent spot Bitocin ETFs approval by the US SEC, excitement is rippling through the crypto community again as Nasdaq and Cboe gear up for Bitcoin ETF options trading. The two have already filed applications with the SEC and the regulatory authority has recognized the applications. Simultaneously, Pullix , a hybrid trading platform is promising a new era in decentralized finance. Nasdaq and Cboe Bitcoin ETF Options trading move In a screenshot posted on X by James Seyffart, the SEC has already acknowledged the 19b-4s requesting the ability to trade options on spot Bitcoin...

Sei (SEI) Sui (SUI) and THORChain (RUNE) were among biggest decliners on Thursday as Bitcoin and Ethereum struggled. Declines for BTC came amid ongoing sell-off from Grayscale, which had deposited over $1.7 billion in BTC to Coinbase Prime since January 12. The crypto market flipped red on Thursday afternoon as Bitcoin price fell below $41,500 again. Altcoins were also struggling, with Ethereum below $2,500 as the global crypto market cap shrunk by about 2.4% to $1.71 trillion. Among the biggest losers on the day were Sei (SEI), down 15%; Sui (SUI) down 10%; and THORChain (RUNE), down 13% at the time of writing. Grayscale dumping BTC amid ETF redemptions The crypto downturn came as Grayscal e transferred another 9,840 BTC worth $418 million to Coinbase Prime, with the total amount of BTC moved from the GBTC ETF issuer reaching 41,478 BTC. In total, Grayscale has moved over $1.7 billion in BTC to Coinbase Prime since January 12, with these sold as the company handles redemptions...

Manta Network (MANTA) price slips amid disruptive DDoS attack. Network is experiencing longer transaction times and increase in gas fees. MANTA price reached highs of $2.72 after its Token Generation Event (TGE) but was down to $2.13 Manta Network debuted its MANTA token on exchanges on Thursday, with the listing on Binance, BingX, MEXC among others seeing its value skyrocket to above $2.72. The token is however 20% down since that peak as the team acknowledged a distributed denial of service (DDoS) attack. The DDoS attack coincided with the Layer 2 modular blockchain’s Token Generation Event (TGE) on January 18. The attack flooded the network with more than 135 million fake RPC requests. DDoS Attack Update on @MantaNetwork Hey everyone, we are experiencing a calculated DDoS attack on the network. This happened at 9:30AM UTC, exactly the same time as our TGE event. Since that time, we have seen over 135m requests hit the RPC nodes, which indicates that this is a… pic.twitter...

Sei (SEI) Sui (SUI) and THORChain (RUNE) were among biggest decliners on Thursday as Bitcoin and Ethereum struggled. Declines for BTC came amid ongoing sell-off from Grayscale, which had deposited over $1.7 billion in BTC to Coinbase Prime since January 12. The crypto market flipped red on Thursday afternoon as Bitcoin price fell below $41,500 again. Altcoins were also struggling, with Ethereum below $2,500 as the global crypto market cap shrunk by about 2.4% to $1.71 trillion. Among the biggest losers on the day were Sei (SEI), down 15%; Sui (SUI) down 10%; and THORChain (RUNE), down 13% at the time of writing. Grayscale dumping BTC amid ETF redemptions The crypto downturn came as Grayscal e transferred another 9,840 BTC worth $418 million to Coinbase Prime, with the total amount of BTC moved from the GBTC ETF issuer reaching 41,478 BTC. In total, Grayscale has moved over $1.7 billion in BTC to Coinbase Prime since January 12, with these sold as the company handles redemptions...

Thailand lifts restrictions on real estate-backed tokens for retails:  Should you buy Everlodge? This project aims at disrupting the vacation property space. $EGLD’s presale continues to attract attention from traders. In latest crypto news , Thailand’s Securities and Exchange Commission (SEC) has updated its regulatory restrictions on retail participation in real estate-backed tokens. The development could see more retail investors in the country join real estate investment trusts (REITs) and token-backed property projects. As the industry digests this development, a new project that seeks to democratize the real estate investment space, is gearing up for market debut as its presale draws towards a close. Here’s what Thai’s regulatory move means and how Everlodge ($EGLD) is positioned to transform the property industry via tokenization. Retail investors can join real estate-backed ICOs An update by the Thai SEC on January 18, 2024 says that the regulator has revised the...