Fidelity, Sygnum Partner with Chainlink for On-Chain NAV Data
Chainlink partners with Fidelity and Sygnum to provide real-time on-chain NAV data for Fidelity’s $6.9 billion Institutional Liquidity Fund. Chainlink, Fidelity International, and Sygnum have joined forces to provide Net Asset Value (NAV) information onchain. As per the announcement made on July 3, the project would enable real-time on-chain access to the NAV of Fidelity’s […]
JPMorgan & CoinShares Predict Bitcoin Impact from $9B Mt. Gox Payout
Mt. Gox’s $9 billion Bitcoin payout to creditors is expected to have significant market implications, according to JPMorgan and CoinShares analysts. As Mt. Gox prepares to distribute approximately $9 billion in Bitcoin to its creditors, analysts from CoinShares and JPMorgan anticipate substantial implications for BTC. Before its collapse in 2014, Mt. Gox was the largest […]
Aleno Joins Pyth Network as Data Provider
Pyth Network adds Aleno as a data provider to enhance its price oracle for various financial and on-chain institutions. Pyth Network, a financial data oracle, has recently disclosed the inclusion of Aleno in its community of data providers. This information was shared with Finbold on July 1. Aleno will provide its proprietary data to assist […]
Peter Thiel Reveals Unexpected Shift Amid Ethereum and XRP Price Surge
Even as a “groundbreaking” bitcoin bill is introduced to Congress, Bitcoin—along with other significant cryptocurrencies such as ethereum and XRP—has dropped from its peak of over $73,000 per bitcoin in March. After rebounding from its 2022 collapse to surpass its previous all-time high, the bitcoin price has faltered in recent weeks, despite widespread rumors that […]
21Shares Submits Solana (SOL) ETF Application
21Shares has submitted the necessary documents to initiate an exchange-traded fund (ETF) for Solana (SOL). On Friday, the fintech firm submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) for the “21Shares Core Solana ETF,” which, if approved, would be traded on the Cboe BZX Exchange. Three years ago, the 21Shares Solana […]