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TenX Protocols to Start Trading on TSX Venture Exchange After Raising $24M in 2025
Yahoo Finance· 2025-12-10 13:00
Core Insights - TenX Protocols, a blockchain infrastructure company, will begin trading on the TSX Venture Exchange on December 10 under the ticker symbol "TNX" following a successful financing round of C$29.9 million ($22 million) [1] - The total capital raised by the company this year exceeds C$33 million, which includes a C$3.5 million seed round completed in March [1] Financing Details - Subscription receipts, a common Canadian financing tool, were utilized to raise funds before the completion of the go-public transaction, allowing investors to convert their receipts into shares once the deal closes [2] - The financing included brokered and non-brokered private placements priced at C$0.75 per subscription receipt, with part of the proceeds contributed in digital assets such as SOL, SEI, and USDC [3] Investment Strategy - The company plans to use the proceeds to purchase tokens from high-throughput blockchain networks and stake them to secure those networks, as well as to invest in its own infrastructure products and services [3] Investor Participation - Notable investors in the financing round include Borderless Capital, BONK Contributors, DeFi Technologies, HIVE Blockchain Technologies, and Chorus One [4] - Alex Tapscott, an adviser to TenX Protocols, highlighted Canada's role in bridging the crypto world to a broader investor audience through public markets [4] Market Position - TenX provides public-market exposure to staking and validator activities across networks such as Solana, Sui, and Sei, along with treasury management and related services [4]
ADA Price Jumps 10% as Hoskinson Praises Cardano Midnight Launch
Yahoo Finance· 2025-12-10 12:11
Core Insights - Cardano's native cryptocurrency ADA has seen a significant price increase of 10% in the last 24 hours, currently trading at $0.47, driven by positive market sentiment and the launch of the Cardano Midnight privacy network [1][2][5] Price Movement and Trading Volume - The recent 10% increase in ADA's price is accompanied by a remarkable 150% surge in daily trading volume, reaching $1.58 billion, indicating strong bullish sentiment among traders [2] - The breakout from a descending resistance line suggests a potential further increase of 56% in ADA's price, targeting $0.67 [3] Technical Analysis - Cardano's 4-hour chart shows a bullish inverse head-and-shoulders formation, supported by momentum indicators that suggest continued upward movement [3] - The MACD line crossing above the signal line reinforces the positive outlook for ADA's price [3] Breakout Confirmation and Price Targets - A confirmed breakout above the neckline of the inverse head-and-shoulders pattern could lead to initial price targets of $0.48 and $0.52, aligning with broader bullish projections [4] - A recent allocation of 70 million ADA from Cardano's treasury by core contributors may further support the price rally [4] Cardano Midnight Launch - The launch of Cardano Midnight, a zero-knowledge privacy network, has reached 1 million mining addresses and is considered a significant milestone by founder Charles Hoskinson [5] - Midnight's native token, NIGHT, has begun trading on major exchanges and has seen a price increase of 97%, with daily trading volumes surging over 700% [6]
X @MetaMask.eth 🦊
MetaMask.eth 🦊· 2025-12-09 21:03
Need a new .sol? 🟣You’re in luck, because @solanaidentity szn is in full swing with this next perk:Mint a Solana ID and get up to 50% off on @sns .sol domain registrations! https://t.co/oGg2sVktKz ...
Solana News: Incoming! Breakpoint 2025 Alpha, SKR Airdrop and Franklin SOL ETF
Yahoo Finance· 2025-12-09 15:59
Market Overview - Bitcoin remains stable around $90,500 despite nearly $1 billion in new BTC purchases by Strategy, with altcoins also performing relatively well. The upcoming FOMC rate decision is expected to influence market direction [1] - The Solana ecosystem has seen a 6% increase, reaching a total market cap of $185 billion, although trading volume has decreased by 12% to $12.9 billion [1] Solana Developments - Solana Mobile is set to launch its SKR token in January, with a total supply of 10 billion tokens, 30% of which will be reserved for airdrops and unlocks [2] - Franklin Templeton has introduced its Solana ETF, SOEZ, on NYSE Arca, which includes staking rewards, providing investors with direct exposure to Solana's network growth [3] - Pye Finance has raised $5 million in a seed round led by Variant and Coinbase Ventures to develop an on-chain marketplace for time-locked Solana staking positions, aiming to enhance tradability and packaging of locked stakes [4] Performance Metrics - Solana's total value locked (TVL) has increased by 7% to $8.8 billion, maintaining its position in second place among Layer 1 blockchains [7] - Solana's price experienced a weekly high of $145 before settling at $133, resulting in a 5% gain week-on-week [6] Upcoming Features and Launches - A live demo of the Firedancer performance upgrade showcased improved validator throughput and reduced latency [8] - New privacy features for confidential transfers are expected to debut, targeting institutional users [8] - An institutional-grade infrastructure stack is being launched, which includes custody, staking, and compliance tools to facilitate real-world money flows [8] - The rollout of Solana ID wallet/identity is anticipated, initiated by pre-Breakpoint free minting via MetaMask [8] - Over 80 new DApps and tools across DeFi, Web3 infrastructure, and cross-chain bridges are expected to launch [8]
Stripe-Backed Blockchain Tempo Starts Testnet; Kalshi, Mastercard, UBS Added as Partners
Yahoo Finance· 2025-12-09 15:49
Tempo, a payments-focused blockchain backed by Stripe and crypto investment firm Paradigm, has launched its public testnet, a key step in its effort in making stablecoin payments for mainstream use. Tempo has also unveiled a roster of new additions to the network’s partner group, including buy-now-pay-later firm Klarna, predictions market Kalshi, payments giant Mastercard and Swiss global bank UBS. They join a group of earlier design partners such as Deutsche Bank, Visa, Shopify, OpenAI and Nubank. Initi ...
X @Ethereum
Ethereum· 2025-12-09 14:12
RT Obol (@Obol_Collective)Obol and @dsrvlabs present a collaborative report on the State of Ethereum in South Korea.A deep dive into one of Ethereum’s most unique local scenes featuring the key voices pushing it forward.As we discovered, the South Korean community is ready to build the future 🇰🇷🌱 https://t.co/04gdVC02iw ...
Full Alliance Group, Inc. Engages TNCDP, Inc. to Tokenize Preferred Stock Through its Proprietary Series QDP(TM) Process
Accessnewswire· 2025-12-09 13:07
Core Insights - Full Alliance Group, Inc. (FAGI) is modernizing its capital structure by tokenizing its preferred equity using the Series QDP™ framework developed by TNCDP, Inc., positioning itself as one of the first publicly traded companies to adopt this blockchain-supported digital format [1][3][10] Group 1: Capital Structure Modernization - FAGI will convert its preferred stock into Series QDP™, enhancing transparency, liquidity, and compliance within its capital structure [3][6] - The Series QDP™ digital preferred securities will be listed under the trading symbol $QMAXX, representing a shift towards next-generation securities architecture [4][10] - This initiative aims to strengthen shareholder value, improve transparency, and modernize capital structure for digital markets [13][19] Group 2: Strategic Partnership with TNCDP - FAGI will become a founding shareholder of TNCDP, receiving Series QDP™ equity, which aligns FAGI with a leading infrastructure provider in digital preferred securities [2][9] - The partnership with TNCDP is seen as a foundational step towards building a more transparent and secure architecture for corporate finance [9][10] Group 3: Introduction of QDEP™ - FAGI plans to introduce Series QDEP™ (Quantum Digital Equity Participation), a non-investment participation unit aimed at customers and stakeholders, enhancing engagement and loyalty [5][8] - QDEP™ will serve as a mechanism for reward programs and community incentives without offering financial or equity rights [8][10] Group 4: Long-term Vision and Infrastructure Development - The company aims to enhance long-term shareholder value and remove legacy market limitations through blockchain-based infrastructure [13][19] - FAGI's strategic model combines cash-flow-positive operations with next-generation technology development, positioning it as a leader in decentralized enterprise infrastructure [10][19]
Solana Leads In Adoption, But ADA's 5% Spike Steals The Show
Benzinga· 2025-12-08 19:07
Core Insights - Solana continues to lead in blockchain usage, particularly in decentralized exchange (DEX) activity, marking its 16th consecutive week as the leader in DEX volume [2] - Cardano experienced a 5% price increase, but this is viewed as a temporary relief rather than a sign of recovery, with underlying structural weaknesses still present [12][14] Group 1: Solana's Performance - Solana's dominance in DEX activity is highlighted, with significant investor interest following Forward Industries Inc.'s update on its Solana-focused treasury strategy [2] - Forward Industries holds over 6.9 million SOL, making it the largest corporate Solana treasury, with accumulation supported by a $1.65 billion private placement [3] - The company's validator operations generate a gross annual percentage yield (APY) between 6.82% and 7.01% before fees [5] Group 2: Solana's Price Action - Despite a 3% rebound, Solana's price struggles with heavy resistance, failing to break the $137–$141 resistance band, which is reinforced by the 0.382 Fibonacci retracement [8] - The broader trend remains defined by a falling diagonal from November's highs, with price movements lacking volume and quickly reversing [8] - A hold above $133 is crucial for a potential breakout, while a drop below this level could expose lower price points of $128 and possibly $122 [11] Group 3: Cardano's Price Action - Cardano's recent 5% rise towards $0.43 is seen as a temporary bounce, halting a steep downtrend but lacking structural strength for a sustained recovery [14] - The price remains below key moving averages, with resistance levels at $0.44 and $0.51, indicating ongoing challenges in breaking these zones [15] - Without a weekly close above $0.51, the market structure continues to favor sellers, with potential declines towards $0.34 and $0.28 if the $0.40 support is lost [16][17]
BTCS to Host Virtual Fireside Chat on December 16th
Globenewswire· 2025-12-08 13:30
Core Viewpoint - BTCS Inc. is set to host a virtual fireside chat on December 16, 2025, to discuss its recent progress and future strategies, particularly focusing on its Ethereum-first growth approach [1][2]. Group 1: Company Updates - Charles Allen, CEO of BTCS, will provide insights into the company's recent developments following the Q3 2025 earnings release [2]. - The discussion will emphasize BTCS's new Imperium business line and the expansion of its ETH holdings [2]. - The company aims to deliver long-term value to shareholders through its strategic initiatives [2]. Group 2: Event Details - The virtual fireside chat is scheduled for December 16, 2025, at 11:00 a.m. ET, with a Q&A session to follow [3]. - A recording of the event will be made available on the BTCS website after the chat [3]. Group 3: Company Overview - BTCS is a U.S.-based blockchain technology company focused on Ethereum, employing a strategy known as the DeFi/TradFi Accretion Flywheel [4]. - The company integrates decentralized finance (DeFi) and traditional finance (TradFi) mechanisms to drive scalable revenue and ETH accumulation [4]. - BTCS offers leveraged exposure to Ethereum through its operations, which include NodeOps (staking), Builder+ (block building), and Imperium (DeFi activity) [4].
X @Wu Blockchain
Wu Blockchain· 2025-12-08 07:27
CZ Responds to Stepping Down as Binance CEO: Actually Cried While Writing the BlogOn December 3rd at Binance Blockchain Week, Binance founder CZ discussed his experience of stepping down as CEO during a group media interview. He mentioned that he had shed tears while writing his stepping-down blog at 4 a.m. in Seattle, and it took him some time to calm down afterward. CZ noted that he did not engage in specific affairs during his year in the United States after resigning, and felt deeply relieved to see Bin ...