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Solana-based Drift protocol unveils incentivized points program ahead of token release

Theon BarrettJan 23, 20243 min read

Drift Protocol Launches Rewards Program Ahead of Token Launch Drift Protocol, the leading perpetual futures trading platform on the Solana blockchain, has introduced a rewards program…

JPMorgan predicts increased pressure on Bitcoin price due to GBTC profit-taking

Theon BarrettJan 18, 20243 min read

The price of bitcoin could face additional downward pressure in the coming weeks if investors in Grayscale Bitcoin Trust continue to take profits, according to JPMorgan.…

Tether’s Recent $380 Million Purchase Boosts Bitcoin Holdings to $2.8 Billion

Theon BarrettJan 18, 20243 min read

Tether Increases Bitcoin Holdings to $2.8 Billion Tether, the stablecoin issuer, has purchased an additional $380 million worth of bitcoin, bringing its total holdings to 66,465…

Cantor Fitzgerald CEO Affirms Tether’s Claimed Billion-Dollar Reserves

Theon BarrettJan 16, 20243 min read

Chairman of Cantor Fitzgerald Confirms Tether’s Funds Howard Lutnick, CEO of Cantor Fitzgerald, has stated that Tether has the funds it claims to have. As a…

Renzo, an Ethereum restaking protocol, secures $25 million valuation in seed funding

Theon BarrettJan 15, 20242 min read

Renzo Raises $3.2 Million in Seed Funding Round Renzo, an Ethereum restaking protocol based on EigenLayer, has secured $3.2 million in a seed funding round. Maven11…

TD Cowen predicts SEC unlikely to approve spot Ethereum ETFs in the near future

Theon BarrettJan 13, 20242 min read

The SEC is Unlikely to Approve Ethereum ETFs Soon, Says TD Cowen The investment bank TD Cowen predicts that the U.S. Securities and Exchange Commission (SEC)…

JPMorgan’s May Prediction: Less Than 50% Chance of Ethereum ETF Approval

Theon BarrettJan 12, 20242 min read

JPMorgan Doubtful of SEC Approval for Spot Ethereum ETFs JPMorgan analysts are skeptical that the Securities and Exchange Commission (SEC) will approve spot Ethereum exchange-traded funds…

JPMorgan Forecasts Rotational Capital Inflows of Up to $36 Billion for Spot Bitcoin ETFs

Theon BarrettJan 11, 20243 min read

Spot Bitcoin ETFs Expected to Shift Billions in Capital, Says JPMorgan According to JPMorgan, the newly launched spot bitcoin exchange-traded funds (ETFs) in the US are…

Standard Chartered Bank predicts $50-100 billion inflows in 2024 from spot bitcoin ETFs

Theon BarrettJan 8, 20243 min read

The SEC Could Approve Spot Bitcoin ETFs and Attract Billions in Inflows The Securities and Exchange Commission (SEC) is expected to approve spot bitcoin exchange-traded funds…

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