The newly approved GENIUS Act creates a federal regulatory structure for dollar-pegged stablecoins in the United States but contains provisions allowing foreign issuers to operate domestically under comparable standards. This regulatory loophole raises concerns about competitive imbalances between domestic and… Read More »GENIUS Act Establishes US Stablecoin Framework with Foreign Issuer Loophole
MicroStrategy CEO Michael Saylor has announced an ambitious strategy aiming to significantly expand the company’s Bitcoin holdings to 1.5 million BTC. This target represents approximately 7% of Bitcoin’s capped total supply of 21 million coins, positioning the software company as… Read More »MicroStrategy Unveils Plan to Acquire 1.5 Million Bitcoin, Targeting 7% of Total Supply
Japanese investment firm Metaplanet has filed a stock offering to raise approximately $3.7 billion (¥555 billion) for the purpose of significantly increasing its Bitcoin reserves. The capital will be raised through the issuance of new perpetual preferred shares. The offering… Read More »Metaplanet Launches $3.7 Billion Offering to Massively Expand Bitcoin Treasury
XRP has retreated below the critical $3 psychological level following a failed breakout attempt and profit-taking activities. The cryptocurrency reversed from a local high near $3.15 after being unable to sustain upward momentum beyond the key resistance level. Technical indicators… Read More »XRP Price Plummets Below $3 as Breakout Fails, Bearish Indicators Emerge
Technology group THG has debuted IDTrust, a blockchain-powered self-sovereign identity platform operating on the Hedera network. The solution empowers users with full control over their personal data through enhanced privacy, security, and regulatory compliance frameworks. Leveraging Hedera’s stateless proof mechanism,… Read More »THG Launches IDTrust: A Hedera-Based Self-Sovereign Identity Platform for Enhanced Privacy and Compliance
The Yield Guild Games (YGG) decentralized gaming guild has announced a strategic treasury action involving the buyback of its native token. A total of 135 ETH, generated as profits from its LOL Land gaming operations, will be transferred from the… Read More »YGG Executes Strategic 135 ETH Buyback Using LOL Land Profits
Ethereum has demonstrated remarkable market performance with a 93% price surge since April, significantly surpassing Bitcoin’s 66% gain during the same period. This substantial growth divergence highlights shifting dynamics in the cryptocurrency landscape, with institutional investors appearing to redirect capital… Read More »Ethereum Outshines Bitcoin with 93% Surge Amid Institutional Capital Rotation
The Algorand Foundation has unveiled its strategic roadmap for the coming periods, emphasizing enterprise blockchain solutions and enhanced community governance. Key initiatives include the upcoming Q3 launch of Intermezzo, a custodial solution providing Vault and REST APIs designed to streamline… Read More »Algorand Foundation Targets Enterprise and Governance in 2025-26 Roadmap, ALGO Price Dip Seen as Opportunity
Shiba Inu commemorates five years since its launch, achieving extraordinary price appreciation and major ecosystem developments despite recent market turbulence. The memecoin recorded one of crypto’s most staggering surges, rising 21,600,000% from its inception to an all-time high of $0.0000885… Read More »Shiba Inu Marks Fifth Anniversary With Billions in Growth Amid Market Volatility
Approximately 7.9% of Bitcoin’s circulating supply is currently held at a loss, suggesting the potential for further downward price pressure. However, significant support appears to be forming for the cryptocurrency around the $105,000 price level. Analysis indicates around 900,000 BTC… Read More »Bitcoin Faces Downward Pressure with Supply in Loss, Finds Support Near $105,000
Futures trading for Solana (SOL) on the Chicago Mercantile Exchange (CME) experienced explosive growth in July, with volumes more than tripling compared to the previous month. The trading volume soared from approximately 5,000 contracts in June to over 15,000 contracts… Read More »Solana Futures Surge Over 300% on CME, Signaling Strong Institutional Interest
Visa has significantly expanded its cryptocurrency settlement capabilities, adding integrations with the Stellar and Avalanche blockchains and incorporating three new stablecoins—PayPal USD (PYUSD), Global Dollar (USDG), and euro-backed EURC—into its platform. This move builds upon existing support for Ethereum and… Read More »Visa Expands Multi-Chain Stablecoin Settlement Platform with Stellar, Avalanche Support
The price of XRP has fallen beneath the critical $3 level, reflecting a significant loss of upward momentum according to technical indicators found on weekly charts. This moves XRP below the midline of its Bollinger Bands. Analysis of the weekly… Read More »XRP Price Dips Below $3 Amid Technical Weakness, Potential for Further Decline
Japanese investment firm Metaplanet Inc. has announced a plan to raise $3.7 billion to significantly expand its Bitcoin (BTC) treasury. The capital will be sourced through the issuance of perpetual preferred shares pending shareholder approval. This substantial fundraise aims to… Read More »Metaplanet Targets 210,000 Bitcoin Holdings via $3.7 Billion Perpetual Shares Fundraise
Bitcoin’s market dominance has fallen to 61.44%, breaching a significant trendline support level. This key technical development signals a potential shift in market dynamics, increasing the likelihood of an altcoin season where other cryptocurrencies may outperform Bitcoin. Analysts caution that… Read More »Bitcoin Dominance Drop Signals Potential Altcoin Season, Whale Activity Hints at Continued Bitcoin Momentum
Virtu Financial significantly increased its Bitcoin holdings during the second quarter of 2024, adding 175 BTC to its reserves. The financial services firm’s total Bitcoin holdings now stand at 410 BTC, a substantial rise from the 235 BTC held at… Read More »Virtu Financial Bolsters Bitcoin Portfolio By 175 BTC, Reflecting Institutional Confidence
Japanese investment firm MetaPlanet Holdings has purchased $3.7 billion in Bitcoin, reinforcing corporate confidence in the cryptocurrency as a strategic reserve asset. This landmark transaction underscores Bitcoin’s maturing legitimacy among institutional investors and its potential to reshape crypto investment strategies.… Read More »MetaPlanet’s $3.7B Bitcoin Acquisition Highlights Corporate Rush to Crypto Reserves
Chainlink has deployed its State Pricing oracle method on mainnet, introducing a novel approach to improve pricing precision for long-tail cryptocurrency assets across decentralized exchanges (DEXs). The solution leverages both on-chain liquidity and centralized exchange volume data to reduce slippage… Read More »Chainlink Launches State Pricing Solution to Boost Long-Tail Asset Accuracy on DEXs
Andreessen Horowitz (a16z) has advocated for amendments to draft cryptocurrency legislation, specifically targeting regulatory gaps affecting Ethereum and other decentralized networks. The venture capital firm contends that the proposed ‘ancillary asset’ classification would undermine investor safeguards and create conflicts with… Read More »Andreessen Horowitz Urges Revision of Ethereum Regulatory Framework in Crypto Legislation
US Spot Ethereum Exchange-Traded Funds (ETFs) achieved unprecedented growth in July, registering a record-smashing $5.43 billion in net inflows. This figure represents a staggering 369% increase compared to the $1.16 billion recorded in June, signaling a significant surge in institutional… Read More »Spot Ethereum ETFs Shatter Records with $5.43 Billion July Inflows