Finance News – Global Crypto
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XRP Accumulation Plan Boosts Hyperscale Data Stock by 12%
The company's decision to invest $10 million in cryptocurrency has positively impacted its market value, resulting in a notable increase in the price of its shares.
Read Full Article →Bitmain plans to open US production facility by end of Q3 amid policy shifts: Bloomberg
Bitmain aims to establish a manufacturing site in the United States by late September, potentially enhancing its market presence and adapting to evolving regulatory environments in...
Read Full Article →Evolving ETH futures data hints a potential rally to $5K
Recent changes in Ethereum futures suggest growing investor interest, indicating a possible upward movement toward the $5,000 mark despite a temporary price adjustment early in the...
Read Full Article →Ray Dalio suggests putting 15% in Bitcoin, gold amid US ‘debt doom loop’
Ray Dalio recommends allocating a portion of investment portfolios to alternative assets like Bitcoin and gold to potentially protect value during ongoing economic challenges relat...
Read Full Article →Asia Morning Briefing: Crypto Rally Stalls, ETH Flows May Decide What Comes Next
The recent drop in ETF investments combined with sustained high leverage highlights the critical role of Ethereum movements in potentially influencing the future direction of the c...
Read Full Article →Ark Invest buys $20 million in BitMine shares, sells $15 million in Block Inc
Ark Invest made significant portfolio changes by purchasing $20 million in BitMine stock while reducing its holdings in Block Inc., Robinhood, and Coinbase through sales totaling o...
Read Full Article →PayPal unveils 'Pay with Crypto' feature
PayPal's introduction of cryptocurrency payment options allows merchants to broaden their transaction methods, potentially increasing customer reach and diversifying revenue stream...
Read Full Article →Sponsor's message: [Webinar] The Multi-Cloud Imperative: Creating Successful Strategies for Payments...
Implementing multi-cloud strategies can enhance payment systems' reliability and efficiency, potentially reducing downtime costs and ensuring continuous financial transactions acro...
Read Full Article →China’s Z.ai Scoffs at US Sanctions, Launches Supercharged AI With $1.5B War Chest
Z.ai’s substantial $1.5 billion funding bolsters its development of competitive AI models, supporting plans for a Hong Kong IPO while managing challenges posed by U.S. export regul...
Read Full Article →Crypto on deck? Interactive Brokers explores stablecoin launch
Interactive Brokers’ consideration of a stablecoin launch highlights the growing interest among established financial firms in leveraging digital assets to enhance transactional ef...
Read Full Article →Trump’s Truth Social Bitcoin ETF among multiple crypto funds delayed by SEC
The SEC’s postponement of several cryptocurrency fund approvals, including those linked to Truth Social and Grayscale, reflects increased regulatory scrutiny amid ongoing legislati...
Read Full Article →SEC Delays Decision on Trump-Linked Bitcoin, Grayscale Solana ETFs
The postponement of the regulatory decision on these cryptocurrency ETFs may affect investor confidence and market activity as participants await further clarity from the SEC.
Read Full Article →BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B
BlackRock’s ETHA has rapidly gained investor interest, contributing significantly to spot Ethereum ETFs nearing $10 billion in inflows within the past month, highlighting growing d...
Read Full Article →$17 Million in XRP Allegedly Stolen From Widow of Country Music Legend George Jones
Authorities have charged Kirk West with the unauthorized removal of digital currency and money valued at approximately $17 million from the estate of Nancy Jones, the widow of the...
Read Full Article →ETH traders predict lower support retest before breakout to $4K
Despite increased treasury purchases and steady ETF inflows, Ether’s price remains below $4,000, indicating potential for a short-term decline before a possible upward movement.
Read Full Article →Ethereum Treasuries Face Unique Risks Compared to Bitcoin Firms, Says Bernstein
Ethereum holdings provide earning opportunities through staking, yet they also introduce distinct concerns related to asset liquidity and the reliability of programmed agreements,...
Read Full Article →Anti-CBDC bill could curb Fed’s power over digital dollar, sponsor says
The proposed legislation may limit the Federal Reserve’s influence on digital currency operations, potentially affecting regulatory frameworks amid ongoing congressional discussion...
Read Full Article →Hyperscale Data begins executing $10M XRP plan, shares jump 12% amid announcement
Hyperscale Data’s initiation of a significant digital asset acquisition has positively impacted its stock value, reflecting investor confidence in the company’s strategic move with...
Read Full Article →Monero community pushes back as Qubic’s 51% hash rate bid falters
The attempted consolidation of mining power by Qubic threatened network stability and market confidence, prompting significant defensive actions from the Monero community to protec...
Read Full Article →Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares
Bakkt’s sale of its loyalty division for $11 million and subsequent share offering aim to generate capital to concentrate on cryptocurrency investments, particularly bitcoin acquis...
Read Full Article →Quintenz, Trump's Pick as Potential U.S. Crypto Watchdog, Delayed by White House
The postponement of Brian Quintenz’s committee vote by the White House may affect the timeline for regulatory decisions impacting the cryptocurrency market's stability and investor...
Read Full Article →Bitcoin Miner MARA Boosts BTC Buying Power With Nearly $1 Billion Raise
Marathon Digital Holdings increased its capital through a fundraising round approaching $1 billion, enhancing its ability to purchase additional bitcoins beyond the initially plann...
Read Full Article →Gallup finds crypto’s U.S. footprint is shallow, uneven, and not growing fast
Although cryptocurrency ownership has increased since 2021, a majority of Americans remain uninterested, highlighting ongoing challenges for broader market penetration and potentia...
Read Full Article →Strategy Now Holds $71 Billion in Bitcoin—These Are Its Biggest Buys
Michael Saylor's company accumulated a substantial Bitcoin portfolio valued at $71 billion through strategic acquisitions, significantly impacting the firm’s financial standing and...
Read Full Article →You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan
The introduction of NBA Top Shot collectibles through vending machines in Japan represents a new avenue for transactions, potentially increasing accessibility and driving growth in...
Read Full Article →Interactive Brokers weighs launching customer stablecoin to power 24/7 funding
Introducing a digital currency for client transactions could enable around-the-clock fund transfers, potentially enhancing liquidity and reducing reliance on traditional banking ho...
Read Full Article →PayPal launches crypto checkout tool, adds support for over 100 tokens
PayPal’s introduction of a digital currency payment option enables US businesses to accept transactions in a wide variety of crypto assets, potentially expanding payment flexibilit...
Read Full Article →Mill City goes all-in on Sui with $450m treasury strategy
Mill City Ventures’ $450 million investment in Sui aims to strengthen its role in connecting conventional financial systems with emerging blockchain technologies, potentially boost...
Read Full Article →Bitcoin price steadies but fragility risk rises as leverage climbs
Despite recent price recovery providing some stability, increased leverage in both major and alternative cryptocurrencies raises concerns about potential market vulnerability and h...
Read Full Article →Grove Finance launches with a $250m RWA investment on Avalanche
Grove Finance has begun operations on Avalanche, committing up to $250 million in real-world asset investments to enhance the blockchain's adoption and support growth in tokenized...
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