Shares of Coinbase Global Inc. (COIN) surged significantly, leading S&P 500 gainers, as crypto-related stocks rallied across the board. The positive movement followed developments signaling a de-escalation in geopolitical tensions between Iran and Israel, which bolstered overall market confidence. Coinbase… Read More »Crypto Stocks Rally on Geopolitical Calm, Coinbase Leads S&P 500 Gainers
Binance founder Changpeng Zhao (CZ) is reported to have received a presidential pardon from former President Donald Trump. The reported pardon follows CZ’s conviction earlier this year for money laundering violations and breaching US financial regulations. This development occurs amidst… Read More »Binance Founder Changpeng Zhao Reportedly Granted Presidential Pardon
Turkey’s Ministry of Treasury and Finance has enacted new cryptocurrency regulations aimed at mitigating risks prevalent in the digital asset ecosystem, including money laundering, fraud, and illegal gambling. The regulatory framework imposes rigorous Know Your Customer (KYC) procedures on cryptocurrency… Read More »Turkey Implements Strict Crypto Regulations With KYC Mandates and Transaction Caps
Texas has become the first U.S. state to allocate public funds for a dedicated Bitcoin reserve, committing $10 million through Senate Bill 21. The initiative, championed by Governor Greg Abbott and State Senator Charles Schwertner, underscores Texas’s proactive approach to… Read More »Texas Pioneers State-Run Bitcoin Reserve with $10 Million Allocation
Grayscale Investments has submitted an amended S-1 registration statement for its proposed Solana Trust exchange-traded fund (ETF), outlining key operational details for the investment vehicle. The updated filing discloses a planned annual management fee of 2.5%, positioning it within prevailing… Read More »Grayscale Solana Trust ETF Filing Reveals 2.5% Management Fee Aligning With Industry Standards
Chainlink and Mastercard have initiated a strategic partnership to explore enhanced onchain cryptocurrency accessibility. This collaboration leverages Chainlink’s decentralized oracle network alongside Mastercard’s established financial infrastructure, aiming to bridge traditional finance (TradFi) with decentralized finance (DeFi). The integration focuses on… Read More »Chainlink and Mastercard Partner to Bridge Traditional Finance with DeFi via Onchain Crypto Access
A bipartisan U.S. Senate bill aims to transfer primary regulatory oversight of Bitcoin and other digital assets from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC). The legislation seeks to clarify jurisdictional boundaries between the… Read More »US Senate Bill Proposes Shifting Bitcoin Regulation from SEC to CFTC
BlackRock’s spot Ethereum exchange-traded fund (ETHA) has conducted a significant withdrawal from crypto exchange Coinbase Prime. Within a remarkably short 30-minute window, the institutional ETF product moved 11,185 Ether (ETH) off the platform. The value of the withdrawn Ethereum was… Read More »BlackRock Ethereum ETF Executes Major ETH Withdrawal from Coinbase Prime
Bitcoin is projected to command a dominant 30.95% allocation within investor portfolios by mid-2025, a significant increase from 25.4% in 2024. This surge is primarily attributed to the widespread adoption and impact of spot Bitcoin exchange-traded funds (ETFs). The introduction… Read More »Bitcoin Dominates Investor Portfolios in 2025, XRP Rises to Third Place Amid Institutional Shift
European Union officials are actively preparing a credible threat of retaliation ahead of crucial trade negotiations. A senior EU official emphasized the necessity of establishing a strong deterrent posture before entering talks. The Chief of Staff to the European Commission… Read More »EU Prepares Retaliation Package Ahead of Critical Trade Negotiations
Users are advised to enable notifications for the associated Twitter account and Telegram channel to ensure they receive the most timely information on cryptocurrency developments. The purpose of this initiative is to keep followers promptly informed about the latest cryptocurrency… Read More »Platform Encourages Crypto Enthusiasts to Enable Notifications for Latest Updates
Tokenized US Treasury products, valued at approximately $7.4 billion, are increasingly being utilized as collateral for leveraged cryptocurrency trading. This integration introduces novel risks to digital asset markets while creating opportunities for traders seeking stable backing assets. Major exchanges including… Read More »Tokenized US Treasurys Gain Traction as Crypto Collateral Amid Rising RWA Diversification
Brale, a U.S.-licensed financial entity, has launched USDB, the first U.S. dollar-backed stablecoin native to Bitcoin’s Spark layer-2 network. Fully collateralized by Treasury bills and operating under regulatory oversight, USDB aims to enhance Bitcoin’s financial infrastructure and decentralized finance (DeFi)… Read More »USDB Launches as First Native Bitcoin Layer-2 Stablecoin on Spark Network
Nano Labs has announced plans to issue $500 million in convertible notes, with the primary objective of bolstering its treasury reserves of Binance Coin (BNB). This strategic capital raise leverages BNB’s established high transaction throughput capabilities and large developer ecosystem.… Read More »Nano Labs to Raise $500M via Convertible Notes for BNB Treasury Expansion
Blockchain developers are exploring predictive intelligence as a fundamental solution to Ethereum’s persistent scalability and latency challenges. This innovative approach aims to transform blockchain infrastructure by anticipating network demands and dynamically allocating resources before congestion occurs. Traditional scaling methods in… Read More »Predictive Intelligence Viewed as Key to Unlocking Ethereum Scalability and Adoption
Texas has established the United States’ first state-level Bitcoin reserve following the enactment of Senate Bill 21, committing $10 million in public funds to the newly formed Texas Strategic Bitcoin Reserve. Managed by the Texas Comptroller’s office, this marks a… Read More »Texas Launches Nation’s First State-Owned Bitcoin Reserve with $10 Million Allocation
Upexi Inc. experienced a dramatic stock price collapse, plunging 61.2% to $3.85, triggered by a massive wave of investor selling. The sharp decline occurred despite Upexi publicly disclosing holdings of 679,677 Solana (SOL) tokens and having previously secured $100 million… Read More »Upexi Stock Plummets 61% Amid Mass Sell-Off Despite Significant SOL Holdings
SharpLink Gaming has significantly expanded its Ethereum reserves with a $30.7 million purchase of 12,207 ETH, amplifying its earlier acquisition of 176,271 ETH for $462.9 million. The gaming company additionally raised $27.7 million through common stock sales exclusively dedicated to… Read More »SharpLink Gaming Bolsters Ethereum Holdings in Major Treasury Expansion
Tether’s USDT stablecoin has achieved a historic milestone, reaching a total supply of $156.1 billion. This record underscores its continued dominance within the stablecoin market despite facing regulatory scrutiny and increasing competition. The distribution of USDT supply heavily favors the… Read More »Tether’s USDT Hits Record $156.1 Billion Supply, Dominates Ethereum and Tron
Asset management firm Pompiliano’s Procap has executed a significant Bitcoin purchase, adding 3,724 Bitcoin to its holdings. The total value of the acquisition stands at $386.5 million, reflecting the scale of the investment move. This translates to an average purchase… Read More »Pompiliano’s Procap Acquires $386.5 Million Worth of Bitcoin