Crypto News

HONG KONG — Binance founder Changpeng “CZ” Zhao believes the convergence of equity markets and crypto is ushering in a new era for digital assets, one that expands access to institutional capital and broadens crypto’s global reach. But he cautions that the sector still faces significant risks, especially as it enters its first major bull cycle since these structures gained traction.Speaking at BTC Asia in Hong Kong, CZ said moves by public companies to hold bitcoin (BTC) and other cryptocurrencies on their balance sheets — following the example set by MicroStrategy — mark a breakthrough moment.“In the world’s largest economy, 90%-95% of the money is managed by institutions,” he noted. “Until ETFs and treasury companies, those guys couldn’t participate in...

The application follows Canary Capital's May filing for SEI as fund managers pursue ETFs beyond Bitcoin, Ethereum.Source link

AVAX price prediction shows potential breakout to $27-32 range if it clears $25.99 resistance, with technical indicators supporting bullish momentum despite short-term consolidation risks. (Read More)Source link

Amid a decrease in Web3 investment in Africa, the Hashgraph Association says its recently launched hackathon aims to help build a blockchain infrastructure that supports crypto businesses and decentralized finance projects. The Hackathon: A Permanent Platform for Growth Despite a vibrant and young population—with 60% of Africans under the age of 25—the continent’s share ofSource link

XRP price prediction shows potential for $3.40 target despite current bearish momentum, with critical $2.90 support level determining direction in coming weeks. (Read More)Source link