Crypto News

Native token of oracle network Chainlink (LINK) declined in tandem with the broader crypto market despite a fresh partnership with Japanese financial giant SBI Group.LINK declined to $24.4, down more than 6% over the past 24 hours, CoinDesk data shows. That's a sharp reversal from the Friday's year-to-date peak over $27.The downward trajectory accelerated through successive trading sessions with persistent lower peaks, whilst the concluding hour exhibited stagnation with negligible volume, suggesting potential consolidation, according to CoinDesk Research's technical analysis model.On the news side, SBI Group, one of Japan’s largest financial conglomerates, said on Monday it has teamed up with Chainlink to develop tokenized assets and stablecoin solutions in Japan, with future plans to expand into other Asia-Pacific markets.SBI will...

B Strategy, a digital asset investment firm, announced plans to launch a $1 billion U.S.-listed company dedicated to holding BNB and fostering growth within its ecosystem, with strategic support from YZi Labs (formerly Binance Labs). Hong Kong’s B Strategy Targets U.S. Listing for BNB-Centric Treasury Company The initiative aims to create a publicly traded vehicleSource link

ETHZilla shares are down 52% over the last week, but the Ethereum treasury has announced a fresh ETH purchase and a stock buyback program.Source link

The Hong Kong Monetary Authority officially launches enhancements for offshore RMB bond repurchase, boosting market participation with over RMB3 billion in transactions. (Read More)Source link

Grayscale Investments has filed paperwork with the U.S. Securities and Exchange Commission (SEC) to launch a spot Avalanche exchange-traded fund (ETF). The proposed Grayscale Avalanche Trust ETF would trade on the Nasdaq Stock Market under the ticker “AVAX.” Nasdaq Could Host Avalanche ETF if Grayscale’s Plan Clears SEC The Form S-1 filing, submitted by GrayscaleSource link