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EOS price rises by 25% after rebranding announcement to Vaulta
The EOS Network announced its rebranding to "Vaulta" as part of a strategic shift towards web 3 banking services, with plans to launch a new digital currency and an exchange gateway by May 2025.
This move aims to bridge the gap between decentralized technologies and traditional financial systems.
"Eve La Rose," the founder and CEO of the "Vaulta" Foundation, described this transformation as more than just a name change, but a fundamental step towards enabling open financial access for all.
He also announced the formation of the "Vaulta" Banking Advisory Board, which will bring together experts from the banking sector and web 3 technology to support global compliance and explore new opportunities in this field.
"Vaulta" will rely on strategic partnerships with companies such as "Ceffu," "Spirit Blockchain," and "Blockchain Insurance Inc" and will focus on four key areas:
Wealth management, consumer payments, portfolio management, and insurance.
It also plans to launch additional partnerships to support its development in the banking and web 3 sectors.
This announcement led to a 25% increase in the price of EOS, reaching $0.65 yesterday, before the currency's price fell below $0.60.
The rise in the price of the EOS digital currency reflects investor interest in the new direction of the project.
#eos #Vaulta #Ceffu #SpiritBlockchain #blockchain
The EOS Network announced its rebranding to "Vaulta" as part of a strategic shift towards web 3 banking services, with plans to launch a new digital currency and an exchange gateway by May 2025.
This move aims to bridge the gap between decentralized technologies and traditional financial systems.
"Eve La Rose," the founder and CEO of the "Vaulta" Foundation, described this transformation as more than just a name change, but a fundamental step towards enabling open financial access for all.
He also announced the formation of the "Vaulta" Banking Advisory Board, which will bring together experts from the banking sector and web 3 technology to support global compliance and explore new opportunities in this field.
"Vaulta" will rely on strategic partnerships with companies such as "Ceffu," "Spirit Blockchain," and "Blockchain Insurance Inc" and will focus on four key areas:
Wealth management, consumer payments, portfolio management, and insurance.
It also plans to launch additional partnerships to support its development in the banking and web 3 sectors.
This announcement led to a 25% increase in the price of EOS, reaching $0.65 yesterday, before the currency's price fell below $0.60.
The rise in the price of the EOS digital currency reflects investor interest in the new direction of the project.
#eos #Vaulta #Ceffu #SpiritBlockchain #blockchain
INSTITUTIONAL BTC SELL-OFF ALERT! 🚨
Ceffu, a leading institutional custody and liquidity provider, has deposited a whopping 3,568 BTC ($211.6M) to Binance since July 31!
This massive transfer suggests that institutions are likely selling their Bitcoin holdings. A bearish sign for the market?
Implications:
- Institutional investors may be losing faith in BTC's short-term potential.
- Market sentiment could shift towards bearishness.
- Potential price drop ahead?
Keep a close eye on market movements!
#InstitutionalInvestors #ceffu #BTCSelloff #CryptoMarket #InvestorSentiment
Ceffu, a leading institutional custody and liquidity provider, has deposited a whopping 3,568 BTC ($211.6M) to Binance since July 31!
This massive transfer suggests that institutions are likely selling their Bitcoin holdings. A bearish sign for the market?
Implications:
- Institutional investors may be losing faith in BTC's short-term potential.
- Market sentiment could shift towards bearishness.
- Potential price drop ahead?
Keep a close eye on market movements!
#InstitutionalInvestors #ceffu #BTCSelloff #CryptoMarket #InvestorSentiment
( #lookonchain )
#ceffu deposited 1,347 $BTC ($81.25M) to #Binance again 1 hour ago!
Ceffu has deposited 16,123 $BTC ($952M) to #Binance at an average price of $59,043 in the past 3 months.
#ceffu deposited 1,347 $BTC ($81.25M) to #Binance again 1 hour ago!
Ceffu has deposited 16,123 $BTC ($952M) to #Binance at an average price of $59,043 in the past 3 months.
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Data: More than 70 million USDC transferred from Binance to a suspected Ceffu address
#ceffu
#ceffu
Institutions Dumping #Bitcoin ? 🧐
Ceffu, a big-time crypto custodian for institutions, just sent another 121 #BTC (about $7.1 million) to #Binance . This is huge! Since July 31, they've dumped a total of 3,691 $BTC (over $218 million) onto Binance. 🤯
Could this be a sign that institutions are losing faith in Bitcoin? 🐳💦 It's definitely something to watch. 👀 With this kind of volume coming from big players, it could have a significant impact on the market. 🤷
What do you think? Is this the start of a bigger trend? DYOR!
#ceffu #WhaleAlert
Source: SpotOnChain 🙏
Ceffu, a big-time crypto custodian for institutions, just sent another 121 #BTC (about $7.1 million) to #Binance . This is huge! Since July 31, they've dumped a total of 3,691 $BTC (over $218 million) onto Binance. 🤯
Could this be a sign that institutions are losing faith in Bitcoin? 🐳💦 It's definitely something to watch. 👀 With this kind of volume coming from big players, it could have a significant impact on the market. 🤷
What do you think? Is this the start of a bigger trend? DYOR!
#ceffu #WhaleAlert
Source: SpotOnChain 🙏
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