The homeland equity line of credit (HELOC) tokenization platform Homium, which operates on the Avalanche network, successfully secured $10 million in its Series A financing. This round was spearheaded by Sorenson Impact Group and Blizzard. “Avalanche reveals that through Home Equity Shared Appreciation Loans offered by Homium, homeowners are provided an opportunity to secure a … Read more
A top compliance and ethics officer from the Federal Reserve Bank of New York based in the US has been appointed to Binance.US’s board of directors. In a blog post dated April 16, Binance.US announced that Martin Grant, who previously served as the regulatory, legal, and compliance chief at the New York Federal Reserve from … Read more
In the next few days, the Bitcoin (BTC) blockchain is predicted to undergo halving. Some experts believe this could impact Bitcoin’s role as a valuable asset. Around April 19, 2021, approximately 630 more Bitcoin blocks needed to be mined before the halving event took place. This significant occurrence in the cryptocurrency world happened when only … Read more
Bitcoin’s pre-halving volatility questioned post-Hong Kong’s ETF approval, drawing mixed sentiments. Historical data indicates post-halving price surges. During a week when cryptocurrencies experienced substantial drops of over 10%, the announcement of Bitcoin ETF approval in Hong Kong brought renewed optimism to BTC investors. Based on estimates, introducing Bitcoin ETFs might bring about a $25 billion … Read more
Bitcoin (BTC) threatened new local lows on April 16 as large-volume investors held off on selling. BTC price suffers “clear pessimism” During the Asian trading hours, data from CryptoMoon Markets Pro and TradingView indicated two new drops in price, each falling below the $62,000 mark. Anxious markets for risk assets dominated the trading day, causing … Read more
In about nine months, the amount of Bitcoin available on cryptocurrency exchanges is expected to significantly decrease due to this week’s Bitcoin halving event, which reduces the issuance of new Bitcoins by half. If US Bitcoin exchange-traded funds (ETFs) maintain their inflows, Bitcoin’s post-halving supply situation may result in Bitcoin (BTC) reserves being depleted from … Read more