Filecoin (FIL) fell as much as 7% in the last 24 hours, tumbling from $2.39 to $2.23, according to CoinDesk Research’s technical analysis model. The model showed that the token posted a $0.19 range representing 7.9% volatility. Sellers dominated at the $2.41 resistance level as transaction volume exploded to 5.92 million tokens traded, crushing the […]
Crypto for Advisors: Crypto Treasuries, ETFs and Investments
In today’s “Crypto for Advisors” newsletter, Joshua De Vos, research team lead at CoinDesk, breaks down crypto trends and adoption from the CoinDesk Quarterly Digital Asset Report. Then, Kim Klemballa answers what advisors need to know about crypto “Ask an Expert.” Thank you to our sponsor of this week’s newsletter, Grayscale. For financial advisors near […]
SoftBank’s PayPay Buys 40% Stake in Binance Japan to Fuse Crypto With Cashless Payments
SoftBank Group company PayPay, one of Japan’s largest digital payment apps, has acquired a 40% equity stake in Binance Japan as part of a new strategic partnership aimed at blending cashless payments with access to cryptocurrencies. The move brings together PayPay’s 70 million users and its widespread merchant network with Binance’s blockchain infrastructure, integrating PayPay […]
Asia Morning Briefing: Bitcoin Climbs Through the Fog as Analysts Split on What’s Driving It
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is beginning the Thursday trading day in Asia trading above […]
Pantera Backs TransCrypts with $15M Seed Round to Expand Blockchain Identity Platform
TransCrypts, a blockchain startup building tools for people to own and share verified credentials, has raised a $15 million seed round led by Pantera Capital. The round included Lightspeed Faction, Alpha Edison, Motley Fool Ventures, and a mix of returning investors such as Mark Cuban and Protocol Labs. The funding follows a strong summer for […]
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