Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold to Go Public Through Merger with […]
Bitcoin Futures Demand Blows up in Brazil: 7,400 Contracts Traded on Launch Day
The first bitcoin futures contracts listed on B3, the stock exchange in Brazil, experienced significant interest from investors on debut day. According to a note delivered by the stock operator, 7,400 bitcoin futures contracts were traded, with the instrument reaching a peak of 111,000 orders on screen. While B3 has also bitcoin ETF contracts, futures […]
NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $ 91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during this week. NFT Transactions Dip …
Binance Users in China Traded $90 Billion of Crypto Assets in a Month, Report
Traders in China have reportedly exchanged $ 90 billion worth of cryptocurrencies on Binance despite a ban on their trading in the country. According to a report quoting internal figures and sources, the volume made the People’s Republic Binance’s biggest market. Binance Processed Monthly Crypto Transactions Worth $ 90 Billion in China …