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Cryptocurrency
Franklin Templeton files for a spot bitcoin ETF
September 13, 2023 01:04 AM AEST| By InvezzFranklin Templeton, an asset manager with nearly $1.5 trillion in assets under management, is the latest investment giant to file for a spot bitcoin ETF. Eric Balchunas, a senior ETF analyst at Bloomberg, shared the news via his X account. Another sp...
Arbitrum downside continues, sending nearly all ARB investors underwater
September 12, 2023 01:41 PM AEST| By InvezzInvezz.com reported how Arbitrum price exhibits a downside trend amid weakened futures market. The continued price dip has left 99% of ARB investors with massive losses, and it may take time to witness recoveries. Arbitrum price hits new lows Arbitru...
FTX liquidations: DOGE, TRX and MATIC face “highest sell pressure”
September 12, 2023 04:20 AM AEST| By InvezzToday’s major talking point across the crypto market is the potential impact of an FTX firesale involving multiple coins and tokens. Traders positioning themselves for this scenario – expected this week if liquidators at the bankrupt cryp...
TOKO Network secures operating licence from Dubai’s VARA
September 12, 2023 12:49 AM AEST| By InvezzIn crypto news today, TOKO Network, a Web3 fintech platform of the DLA Piper law firm, has been granted an operating licence by Dubai’s Virtual Asset Regulatory Authority (VARA). A press release from the digital asset creation platfor...
Arbitrum’s ARB futures open interest slips as price plunges
September 11, 2023 11:56 PM AEST| By InvezzArbitrum (ARB), the fast-growing Ethereum scaling network, saw its token plunge to a record low on Monday. The token slipped to a low of $0.80, much lower than its record high of $1.88. This decline brought its market cap to more than $1 billion. Arb...
FTX pressure on Solana, other top altcoins: Buy Shiba Memu?
September 11, 2023 07:39 PM AEST| By InvezzAs FTX awaits approval to liquidate over $3.4 billion in assets to refund claims, market sentiment could flip negative amid a significant dump. Among cryptocurrencies likely to face fresh downside pressure is Solana (SOL), a token the collapsed crypt...
Web3 investor Animoca Brands raises $20M to advance the Mocaverse project
September 11, 2023 07:30 PM AEST| By InvezzCMCC Global led the fund round that saw Web3 investor Animoca Brands raising $20 million. The company will use the funds to advance the Mocaverse, a project for developing state-of-the-art tools for entertainment and gaming services. Animoca Brands r...
Solana price down amid fears of FTX dumping
September 11, 2023 06:15 PM AEST| By InvezzThe price of Solana (SOL) dropped more than 6% today amid worries that the token and other crypto assets linked to Solana may soon be liquidated by bankrupt cryptocurrency exchange FTX. The defunct FTX owns a total of $1.5 billion in crypto assets on...
Cardano nears a depression phase as ADA price hits 2023 lows
September 11, 2023 05:04 PM AEST| By InvezzThe prolonged cryptocurrency winter continues to hit altcoins harder, and Cardano seems to be the top victim. Data shows ADA has plunged to the lowest price levels of 2023, and further crashes appear possible. Benjamin Cowen of ITC believes price dec...
Exchange Coinbase to end its operations in India amid regulatory challenges
September 11, 2023 04:03 PM AEST| By InvezzIn another turn of events in the cryptocurrency world, exchange Coinbase plans to suspend its trading offerings in India from 25 September. The firm emailed its Indian users about the development, citing regulatory challenges. Meanwhile, the email...
Shiba Memu (SHMU) outlook as strategist dubs AI-driven rally ‘justified’
September 10, 2023 05:57 AM AEST| By InvezzArtificial intelligence has delivered unprecedented rallies in shares of key players like Nvidia this year – but a Goldman Sachs strategist is convinced that fears of a bubble are overblown. Why is artificial intelligence not a bubble? Peter Op...
Perpetual Protocol (PERP) open interest surges as price defies gravity
September 09, 2023 04:27 AM AEST| By InvezzPerpetual Protocol has emerged as the best-performing cryptocurrency this week. PERP, its token, surged to a high of $1.2296, the highest level since February this year. In all, the token has jumped by more than 210% from the lowest level this month....
Ripple acquires crypto-focused chartered company Fortress Trust
September 09, 2023 02:25 AM AEST| By InvezzRipple has acquired Fortress Trust, a chartered trust company and financial institution focused on cryptocurrencies. The news follows the enterprise crypto company’s recent announcement that it had agreed the acquisition for the Web3 provider....
Is Chancer’s presale momentum likely to continue after the token listing?
September 09, 2023 01:48 AM AEST| By InvezzAs Q3 2023 digs deeper, investors are anxious. The listing of the token of the world’s first decentralised betting platform, Chancer, is drawing closer. In anticipation of huge price moves, investors have grabbed over $1.76 million of tokens in...
LBRY files notice of appeal against SEC
September 08, 2023 11:08 PM AEST| By InvezzLBRY Inc., a US-based crypto company behind the decentralised content sharing platform LBRY and crypto asset LBRY Credits (LBC), is challenging a court ruling that indicated the startup violated US securities laws. LBRY seeks appeal against SEC In No...
BNB price is at risk as Binance Chain DeFi TVL hits 2021 lows
September 08, 2023 11:00 PM AEST| By InvezzBinance Coin price has been in a strong bearish trend in the past few months amid rising concerns about Binance. The BNB coin was trading at $214 on Friday, ~40% below the highest level this year. Concerns about Binance remains Binance, the biggest c...
Ant Group, the owner of Alipay, launches a new blockchain for Web3
September 08, 2023 09:14 PM AEST| By InvezzThe largest mobile payment network in the world, Alipay, is owned by Ant Group, which recently unveiled a new sub-brand called ZAN. The sub-brand will concentrate on blockchain services and development for both corporate and individual Web3 developer...
dYdX Foundation 2023 half-year report: a steady growth as dYdX chain mainnet launch nears
September 08, 2023 03:59 AM AEST| By InvezzThe dYdX Foundation has unveiled its 2023 Semi-Annual Ecosystem Report, offering a comprehensive overview of the achievements within the dYdX ecosystem. The report details the substantial progress witnessed throughout 2023 amid rather challenging mar...
Casa wallet introduces relay feature to bolster Ethereum privacy
September 07, 2023 07:44 PM AEST| By InvezzCasa, a leading private key manager, has announced new functionality to ensure increased Ethereum privacy by enabling users to pay gas and complete transfers using their Ether wallets as a relay. Casa’s main objective is to allow individuals to...
Bitcoin network faces severe congestion with over 550K unconfirmed transactions
September 07, 2023 06:50 PM AEST| By InvezzMempool data shows the Bitcoin network facing severe congestion, with more than 550K transactions awaiting confirmation. Further, transaction fees climbed to above 20 sat/Vb (satoshis per virtual byte). Bitcoin congestion deteriorates the market sent...
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