Binance’s current CEO expects Bitcoin to exceed $80,000 by the end of the year
Binance CEO Richard Teng says Bitcoin will continue its record rally and rise above $80,000 as institutional investors pour more money into cryptocurrency-backed exchange-traded funds. A Bitcoin ETF launched in the United States earlier this year has attracted institutional investors and new capital flows, Teng said at an event in Bangkok on Sunday, adding that "we are just getting started." Teng said he earlier estimated that Bitcoin would end the year at around $80,000, but now believes it ...
Binance’s current CEO expects Bitcoin to exceed $80,000 by the end of the year
Binance CEO Richard Teng says Bitcoin will continue its record rally and rise above $80,000 as institutional investors pour more money into cryptocurrency-backed exchange-traded funds. A Bitcoin ETF launched in the United States earlier this year has attracted institutional investors and new capital flows, Teng said at an event in Bangkok on Sunday, adding that "we are just getting started." Teng said he earlier estimated that Bitcoin would end the year at around $80,000, but now believes it ...
Data: USDC circulation increased by 1.3 billion in the past 7 days
In the seven days as of March 14, Circle issued 3.5 billion USDC, redeemed 2.2 billion USDC, and the circulation increased by 1.3 billion. USDC has a total circulating supply of $30.5 billion and reserves of $30.7 billion, including $4.1 billion in cash and $26.6 billion held by the Circle Reserve Fund.
Data: USDC circulation increased by 1.3 billion in the past 7 days
In the seven days as of March 14, Circle issued 3.5 billion USDC, redeemed 2.2 billion USDC, and the circulation increased by 1.3 billion. USDC has a total circulating supply of $30.5 billion and reserves of $30.7 billion, including $4.1 billion in cash and $26.6 billion held by the Circle Reserve Fund.
Japanese Web3 fund Decima Fund has completed approximately US$30 million in fundraising and has identified 10 investments
Decima GP Limited announced that its fund Decima Fund has completed fundraising of approximately 4.5 billion yen (approximately US$30 million), aiming to incubate and invest in Japanese and global Web3 projects. The fund is jointly operated by gumi, MZ Cryptos, SBI Holdings, and Animoca Brands. With this funding, Decima GP Limited aims to expand the influence of Japanese Web3 companies globally and support global players to enter Japan. It has already decided to invest in 10 projects.
Japanese Web3 fund Decima Fund has completed approximately US$30 million in fundraising and has identified 10 investments
Decima GP Limited announced that its fund Decima Fund has completed fundraising of approximately 4.5 billion yen (approximately US$30 million), aiming to incubate and invest in Japanese and global Web3 projects. The fund is jointly operated by gumi, MZ Cryptos, SBI Holdings, and Animoca Brands. With this funding, Decima GP Limited aims to expand the influence of Japanese Web3 companies globally and support global players to enter Japan. It has already decided to invest in 10 projects.
Arbitrum plans to invest US$400 million to promote blockchain games
The Arbitrum Foundation announced plans to invest 200 million ARB (approximately $400 million) within two years to promote gaming projects on its blockchain. The new proposal proposes that the vast majority of the funds (160 million ARB) be used to incentivize publishers and developers to create new games on Arbitrum, and another 40 million ARB will be used to support infrastructure projects, such as the creation of a "support platform for games within Arbitrum". tools needed”. The Arbitrum F...
Arbitrum plans to invest US$400 million to promote blockchain games
The Arbitrum Foundation announced plans to invest 200 million ARB (approximately $400 million) within two years to promote gaming projects on its blockchain. The new proposal proposes that the vast majority of the funds (160 million ARB) be used to incentivize publishers and developers to create new games on Arbitrum, and another 40 million ARB will be used to support infrastructure projects, such as the creation of a "support platform for games within Arbitrum". tools needed”. The Arbitrum F...
Australian court dismisses the country’s regulator’s lawsuit against crypto company Finder.com’s Earn product
Australia’s Federal Court has dismissed a case brought by the country’s corporate regulator against a sister company of Australian crypto firm Finder.com after finding that its earnings product Finder Earn complied with financial laws. In December 2022, the Australian Securities and Investments Commission (ASIC) sued Finder Wallet, a subsidiary of Finder, claiming that its Finder Earn product was an unlicensed financial product and required the exchange to hold a financial services license. I...
Australian court dismisses the country’s regulator’s lawsuit against crypto company Finder.com’s Earn product
Australia’s Federal Court has dismissed a case brought by the country’s corporate regulator against a sister company of Australian crypto firm Finder.com after finding that its earnings product Finder Earn complied with financial laws. In December 2022, the Australian Securities and Investments Commission (ASIC) sued Finder Wallet, a subsidiary of Finder, claiming that its Finder Earn product was an unlicensed financial product and required the exchange to hold a financial services license. I...
