Adam Forsyth

Turkey’s mobility super app Marti allocating 20% of cash reserves to crypto, starting with Bitcoin

Key Takeaways Marti Technologies is allocating 20% of its cash reserves to digital assets, starting with Bitcoin. The allocation focuses on surplus cash, with the company’s core business operations and growth plans unchanged. Share this article Marti Technologies, an Istanbul-based ride app, is allocating 20% of its cash reserves to digital assets, starting with Bitcoin,…

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SEC greenlights in-kind redemptions for Bitcoin and Ethereum ETFs

Key Takeaways The SEC approved in-kind creation and redemption for Bitcoin and Ethereum ETFs, replacing the cash-only model. Analysts expect altcoin ETF approvals to follow with in-kind mechanisms from the outset. Share this article The SEC has approved in-kind creation and redemption mechanisms for spot Bitcoin and Ethereum exchange-traded products, aligning them with traditional commodity…

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PENGU Drops 9%, But ATH Breakout Still Within Reach

TL;DR PENGU rejected at $0.043, but the daily chart structure remains bullish above short-term support. Whale activity increases on Upbit as traders shift from Dogecoin to Pudgy Penguins positions. Momentum shows early signs of fading as MACD flattens, with $0.038 key for trend support. Price Pulls Back From Resistance Pudgy Penguins (PENGU) was trading at…

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eToro to launch tokenized US equities on Ethereum

Key Takeaways eToro will launch tokenized US equities as ERC20 tokens on the Ethereum blockchain. The initiative aims to enable 24/7 trading and integrate traditional stocks into the DeFi ecosystem. Share this article Trading platform eToro is set to roll out tokenized US equities on Ethereum, broadening its trading suite and advancing its tokenization strategy,…

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