Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Intergiro and FinchTrade Partner to Bridge Fiat and Crypto Ecosystems with Embedded Banking and Instant Liquidity for Web 3.0
Stockholm, Sweden, October 9th, 2024, Chainwire FinchTrade, a Swiss OTC & crypto liquidity provider, and Intergiro, a Swedish Banking as a Service (BaaS) provider, have announced a strategic partnership to bridge the gap between traditional banking and cryptocurrency ecosystems, and address key challenges for crypto-oriented businesses. This partnership will deliver streamlined financial solutions and instant on/off-ramp options, making it easier for crypto businesses to serve their users more efficiently and drive growth. Two integrated solutions for Web 3.0 Intergiro and…
8 months ago
Crypto.com Taps Standard Chartered Bank To Expand Fiat Services
Crypto.com has announced a partnership with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting from the United Arab Emirates (UAE). The partnership will help expand access to the US Dollar, Euro, and UAE dirham. Crypto.com’s regional hub in Dubai will manage the services. The partnership also highlights the exchange’s commitment to global crypto adoption. Details Of The Partnership The new service will allow customers in over 90 countries to seamlessly conduct crypto transactions through the…
9 months ago
PrimeXBT Review – The All-in-One Platform for CFD Trading in Crypto, Forex, Indices, and Commodities
PrimeXBT is an online trading platform aiming to achieve global leadership by providing easy and immediate access to several financial markets. It uses cutting-edge financial tools and a user-centric approach to offer leveraged trading for cryptocurrencies, Forex, commodities, and indices. Despite not being available to residents of the US, EU, or UK, PrimeXBT is a popular choice for over 1 million users worldwide. Beginners and expert traders can join without KYC or AML and profit from the platform's financial insights…
10 months ago
Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges
Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), pushing it toward the $600 level. Court Grants Relief To Binance BAM Subsidiary A court filing reveals that BAM Trading Services and BAM Management US Holdings, collectively known as BAM, filed a motion…
11 months ago
Uniswap’s Assets Revealed Ahead of Fee Mechanism Vote: $41.41M in Fiat and Stablecoins Held
Uniswap discloses that it held $41 million in fiat and stablecoins in addition to 730,000 UNI as of the end of the first quarter. The Uniswap Foundation has also announced an upcoming fee mechanism vote towards the implementation of the autonomous fee collection and distribution in Uniswap V3 pools. Decentralized exchange Uniswap (UNI) has over the years made a significant step forward in the world of decentralized finance to gain substantial market shares despite initial skepticism. In demonstrating its substantial…
1 year ago
Multipool Enters Partnership with Mobilum Offering Users Fiat to DeFi On/Off Ramp
Majuro, Marshall Islands, May 23rd, 2024, Chainwire Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum. The partnership between Multipool and Mobilum will enable users to onboard onto cryptocurrencies without involving a centralized exchange. “Centralized exchanges are on their way out, we’re thrilled to give users another option, without intrusive roadblocks to their DeFi lifestyle. This partnership offers a long list of benefits for both parties, with a truly DeFi onboard as the…
1 year ago
Creditors Rejoice as MtGox Initiates Long-Awaited Repayments in BTC, BCH, Fiat
MtGox will repay creditors with 142,000 BTC, 143,000 BCH, and $500 million. Creditors are relieved as the MtGox bankruptcy case nears resolution after years of waiting. The Bitcoin exchange MtGox, which once had the highest market share, has been increasingly the center of attention. Most recent updates to the support of the Kraken BTC and BCH payment API interface hint that heavy things are about to come. Today, Reddit data shows that the interface reads ”payment being processed ” with…
1 year ago
Introducing AnyAlt Swap Widget – Any Emerging Token with Fiat Currency
Singapore, シンガポール, May 13th, 2024, Chainwire Bunzz is launching AnyAlt Finance. AnyAlt is a DeFi product that combines an on-ramp function with a DEX. In simple terms, it's a platform where the user can buy any token, regardless of market capitalization, using fiat currency. A Solution That Increases Token Project Liquidity Emerging token projects typically focus on key performance indicators such as enhancing liquidity and expanding their holder base. To achieve this, those projects often implement buttons on their landing…
1 year ago
Banxa Adds Tokenized Real Estate Platform Blocksquare’s BST Token to Fiat Checkout
[PRESS RELEASE – Ljubljana, Slovenia, May 9th, 2024] Blocksquare, a tokenization infrastructure provider for real estate, is delighted to announce that its native token BST has been added to the fiat checkout system of global crypto on- and off-ramp Banxa. The integration will enhance the accessibility of BST, enabling users from around the world to purchase it using a wide array of local and international payment options, including Visa, Mastercard, Apple Pay, and Google Wallet. Renowned for its robust payment…
1 year ago