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Solidion Technology, Inc. (NASDAQ: STI), an advanced battery materials provider, today announced a major step forward in its corporate treasury strategy by allocating a significant portion of its excess cash reserves to Bitcoin. This move, alongside the broader pro-Bitcoin environment influenced by the recent election of a pro-crypto administration, solidifies the company’s long-term belief in Bitcoin’s role as a store of value and a strategic asset. Solidion’s core business continues to be developing and commercializing high-capacity silicon anode materials, featuring...

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CoinEx Research October 2024 report shows a breakthrough month for the cryptocurrency market, marked by Bitcoin’s surge to $73,000 in what’s been dubbed “Uptober.” With Bitcoin closing October at $70,300, this bullish trend reflects heightened optimism, partly fueled by a pro-crypto sentiment ahead of the U.S. elections. Trump’s supportive stance on digital assets has further reinforced confidence, positioning Bitcoin as a “Trump Trade” and sparking speculations about a potential rally. Key Highlights Bitcoin’s Rally and the “Trump Trade”Bitcoin’s breakout above $70,000 signifies strong market momentum. Open interest in Bitcoin futures climbed beyond $24...

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AEON, the next generation payment protocol, has teamed up with First Digital Labs, issuer of First Digital USD (FDUSD), a reserve-backed stablecoin redeemable on a one-to-one basis for cash, to bring seamless crypto payment options to Southeast Asia. This collaboration makes it possible for users to pay with FDUSD at offline merchants, using AEON’s easy-to-use QR code payment system, which simplifies the payment process for both consumers and businesses and expands the payment scenarios for FDUSD. The AEON payment solution...

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BitKan, the world’s largest crypto brokerage exchange, is excited to announce the official listing of Binance COIN-M Futures on its trading platform. BitKan users now have access to both USDT-M and COIN-M futures trading pairs, providing more options to tailor their trading strategies. With COIN-M Futures, users can accrue and boost their profits by holding the underlying coin, such as earning more Bitcoin through their existing Bitcoin holdings. To celebrate the expansion of BitKan’s futures trading product line, BitKan is excited to invite...

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Matrixport, a leading all-in-one crypto financial services hub, today announced the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG (“CFAM”), a licensed Swiss crypto asset manager that was previously part of the Deutsche Börse Group-owned Crypto Finance Group (CFG). Renamed Matrixport Asset Management AG (“MAM”), the Switzerland-based unit is a pioneer in providing institutional-grade crypto investment solutions, managing the first FINMA-approved crypto fund while offering a comprehensive suite of crypto investment products and structuring capabilities. John Ge, Co-Founder & CEO of Matrixport, said: “We are delighted with the...

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Gotbit Hedge Fund, a leading performance-focused market maker, participated at TOKEN2049 Singapore, one of the world’s most famous crypto events. TOKEN2049 Singapore, which took place from September 18th to 20th, attracted over 20,000 participants from 7,000+ companies in 150+ countries. The event brought together leading entrepreneurs, investors, and media representatives, creating a unique platform for fostering collaboration in the crypto economy. With its own booth and an exclusive party, Gotbit Hedge Fund participated in high-level networking and presented its industry insights to attendees....

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Worldwide Stablecoin Payment Network (WSPN) is excited to announce a groundbreaking partnership with Conflux, a leading high-performance public blockchain. This collaboration will see WSPN’s flagship stablecoin product, WUSD, on the Conflux blockchain, marking a significant milestone in both companies’ efforts to advance the DeFi space. WUSD is a stablecoin designed for worldwide payments and round-the-clock financial markets, always redeemable 1:1 for US dollars. Through this collaboration, users will not only enjoy higher staking rewards but also have the opportunity to participate in the...

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Zumo, the B2B digital assets infrastructure, has launched a new out-of-box feature that enables crypto-asset service providers (CASPs) active in the European Union (EU) to comply with the upcoming sustainability requirements of the Markets in Crypto-Assets (MiCA) regulation. Recent industry research has suggested that more than 80% of CASPs may be unaware of the need to report sustainability indicators from ESMA’s end-of-year deadline. Under new rules, CASPs with a EU client footprint – including exchanges, brokerages, custodians and...

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CoinEx, a leading global cryptocurrency exchange, recently made a significant impact at Token 2049 Singapore, one of the most anticipated blockchain events of the year. Through its active participation at the event and its hosting of the exclusive Token Rooftop Unwinding Night, CoinEx captivated both attendees and industry leaders, reinforcing its presence as a global powerhouse in the crypto space. CoinEx’s Participation at Token 2049: A Hub of Innovation CoinEx’s booth at Token 2049 Singapore was a focal point...

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Antier, a global leader in blockchain consulting and technology, has launched its Co-Pilot Program — an initiative to help enterprises turn their ambitious blockchain visions into reality. The program offers a collaborative partnership model that goes beyond traditional outsourcing, aiming to address the critical issue of promising ideas failing to reach fruition. Various promising Web3 projects don’t see the light of the day Despite groundbreaking ideas with the potential to disrupt and drive change, various Web3 initiatives...