Day: September 10, 2023

Pundi X & Polygon Partner in Inclusive Blockchain Transactions

Discover how Pundi X’s recent integration with the Polygon ecosystem marks a significant step forward in fostering inclusive and secure blockchain-based transactions in physical stores worldwide.   Established in 2017 in Singapore, Pundi X has swiftly risen to prominence in the blockchain sector, notably for its creation of the XPOS®, a revolutionary point-of-sale smart device. […]

FTX’s Liquidation Presents Short Position Opportunities

FTX’s Massive Liquidation and Its Potential Impact:   1. Scale and Rationale: FTX’s decision to undergo a massive liquidation process of up to $200M weekly is a significant event in the crypto sphere. This move, following a depreciation of their holdings from $3.4B in April, is indicative of potential strategic adjustments, risk mitigation, or a […]

BlackRock & Greyscale BTC ETFs to Dwarf Existing Schemes

Situation: Despite no approval for spot Bitcoin ETFs in the U.S, there is yet increasing sentiment that they might pose a significant threat to the futures-based funds introduced earlier. Potential New Entrants: BlackRock Inc. and Grayscale Investments are leading the charge, waiting for regulatory approval to launch the U.S.’s first ETFs linked to Bitcoin’s spot […]

Bitgamo – No KYC Crypto European ATM Expansion Plans

Bitgamo, a Luxembourg-based crypto to fiat exchange platform, announced its plan to launch 75 crypto ATMs across Europe in 2024. The company has seen remarkable growth recently, distinguishing itself as the only no-KYC crypto to fiat exchange offering significantly higher exchange rates for Bitcoin, Litecoin, and Ethereum compared to its competitors. These ATMs, which are […]