Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.
JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
On April 18-19, 2024, the TOKEN 2049 Dubai conference co-organized by Bingx, M2, DWF LABS, ZEEBU, DOP, KUCOIN, CoinW, TRON, and telos will be held at the Madinat Jumeirah Resort in Dubai.
RWA tokenization revolutionizes real estate and art markets via blockchain, enabling fractional ownership and streamlining transactions. Predicted $10 trillion market by 2030. Examples include Blocksquare and Oceanpoint.fi. Potential to empower African agriculture. Despite challenges, transformative impact expected.
The increased activity on the Base chain has been questioned by the community as being a robot and there are not many real active users. The answer may not be that, because no chain needs real users and on-chain activity more than Base.
TOKEN2049 Dubai will take place in the Madinat Jumeirah from April 18th-19th 2024, bringing together an estimated 7,500+ attendees from across the globe
Dubai edition announced as TOKEN2049 Singapore fully sells out amid record-breaking attendee numbers.
While some exchanges are keen on embracing crypto and crypto products, others have indicated a more ambivalent outlook
Currently, it has a massive number of 2.67M total users, giving an average of 95.56K opinions collected every day on the general cryptocurrency market.
TOKEN2049 brings together the leading voices in crypto and creates unparalleled networking opportunities.
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We will explore how you could potentially make a profit through cryptocurrency. Specifically, with FIREPIN Token (FRPN), Elrond (EGLD), and ...