Latest FinTech & Blockchain News
Crypto Markets Surge on US-Iran Ceasefire Talks
Bitcoin hit $69K, Ethereum $2,131, and XRP $1.33, up 3-4% amid reports of US-Iran 45-day ceasefire discussions mediated by Pakistan, Egypt, and Turkey. Institutional Bitcoin ETF inflows reached 50,000 BTC in March, with Morgan Stanley approving a spot ETF linking 16,000 advisors.
Short liquidations totaled $196M, signaling bullish momentum.
Broadridge Launches On-Chain Governance for Tokenized Equities
Broadridge extended its platform to support proxy voting and corporate actions for tokenized assets, processing $8T monthly. Galaxy will use it for its May shareholder vote, pioneering full ownership rights on blockchain.
The Avalanche-based L1 integrates with digital wallets for transparent voting.
Cross River Raises $50M from T. Rowe Price for Embedded Finance
Fintech Cross River secured $50M equity investment to scale embedded finance and BaaS offerings. The funding supports expansion in crypto and fintech infrastructure.
It follows recent fintech developments like Mastercard's Sub-Saharan Africa expansion.
Toncoin (TON) Prepares Major Network Upgrade on April 7
Toncoin will upgrade to reduce transaction finality to under one second, boosting Telegram app utility. This could reverse bearish price trends and attract developers for real-time apps.
Traders eye its impact on on-chain activity.
Chainlink (LINK) Faces $165M Token Unlock Amid Accumulation
Chainlink unlocks 19M tokens worth $165M on April 12, risking short-term supply pressure. However, institutional wallets holding 1M+ tokens grew from 100 to 125 in a year.
This signals long-term confidence despite unlock concerns.
Pepeto Ethereum Project Raises $8.74M in Presale
New Ethereum-based Pepeto raised $8.74M, leveraging ETH's momentum and tackling scalability issues. It draws early investor interest amid bullish ETH forecasts to $7,500 by year-end.
Analysts watch its role in blockchain innovation.
IMF Warns Tokenization Could Increase Financial Instability
IMF cautions rapid tokenization adoption exceeds a tech upgrade, potentially heightening instability. It calls for central bank-backed settlement to mitigate risks.
The analysis highlights broader implications for financial systems.
Bitcoin Long-Term Holder Supply Turns Positive
On-chain data shows LTH supply adding 308,000 BTC on average, first positive shift since November. CryptoQuant notes this often precedes price gains, though early to conclude.
It supports bear market end signals amid volatility.
Crypto Fraud Losses Hit $5.8B; Bank Statements Key to Probes
FBI reported $5.8B lost to crypto investment fraud in 2024, with $28B illicit flows via exchanges. Investigators target bank 'off-ramps' for cash-outs using AI to analyze transactions.
Automation flags suspicious patterns across systems.
ROC Advances IPO for AI Security in Fintech and Beyond
ROC pushes IPO to scale AI security platform integrating biometrics and video for identity verification. CEO emphasizes trusted domestic tech for national security and commercial use.
It addresses privacy in coalescing multi-system data.
Willy Woo Signals Potential End to Crypto Bear Market
Analyst Willy Woo identifies three bear market end signals stacking, boosted by Bitcoin's $69K surge. Ceasefire talks and ETF inflows align, but key thresholds remain unflipped.
High volatility expected with Fed data and Iran updates ahead.