Tue, June 3
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Posts by Harshini Chakka

Ether Investment

Ethereum Investment Products Drive $286 Million Inflows as Bitcoin Sees Outflows

Cryptocurrency exchange-traded products (ETPs) recorded $286 million in inflows last week, marking the seventh consecutive week of gains, according to CoinShares’ June 2 report. The surge was led by Ether (ETH), which saw its strongest investment inflow since December 2024. ETH ETPs Outshine Bitcoin in a Volatile Week Ether ETPs

18 hours ago 2 mins read
Ethereum Whale Buys 3,957 ETH, Sparks Market Buzz

Ethereum Whale Buys 3,957 ETH, Sparks Market Buzz

In a headline-making move, a crypto whale has purchased 3,957 ETH, valued at approximately $9.88 million. This deal is more than simply another huge purchase; it is evidence of a larger and more obvious trend of Ethereum accumulation among the leaders of the crypto industry. Such large-scale buys also tend

23 hours ago 3 mins read
Uphold and Flare Unlock DeFi Staking for XRP Holders

Uphold and Flare Unlock DeFi Staking for XRP Holders

In a major development for the XRP community, Uphold, a well-known crypto trading platform, has partnered with Flare Networks to launch a new DeFi staking feature for XRP holders. This initiative allows users to stake their XRP coins, essentially lending them to the network in return for potential rewards. The

May 31, 2025 2 mins read
Mega Matrix

NYSE-Listed Mega Matrix Adopts Crypto for Treasury Strategy

Mega Matrix Inc., an NYSE-listed company, has taken bold steps to embrace digital assets, passing what is said to be a historic treasury shift. According to PANews, the board of directors has equated Bitcoin (BTC) and Ethereum (ETH) as reserve assets of the company. The initiative is designed to boost

May 31, 2025 2 mins read
Sharplink Gaming

Sharplink Gaming Plans $1B Ethereum Purchase via Shelf Offering

Sharplink Gaming, a leading tech and iGaming company, has officially filed a $1 billion shelf registration with the U.S. Securities and Exchange Commission (SEC) to purchase Ethereum (ETH). This move follows its earlier $425 million Ethereum acquisition and signals a full commitment to blockchain integration in its treasury and product

May 31, 2025 2 mins read
Alchemy Pay Integrates USD1 Stablecoin in 173 CountriesAlchemy Pay Integrates USD1 Stablecoin in 173 Countries

Alchemy Pay Integrates USD1 Stablecoin in 173 Countries

Alchemy Pay has officially integrated World Liberty Financial’s USD1 stablecoin into its global payment ecosystem, expanding accessibility to one of the fastest-growing dollar-pegged assets in the crypto market. The May 30 announcement confirmed that users in 173 countries can now buy USD1 using traditional payment methods such as Visa, Mastercard,

May 30, 2025 2 mins read
SEC Case Dismissal

Binance Hails SEC Case Dismissal as Major Victory

In a major win for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange. The dismissal, filed in a Washington, D.C. federal court on May 29, 2025, marks a turning point in regulatory enforcement, as the

May 30, 2025 2 mins read
Ripple’s RLUSD Stablecoin Listed on Bitget Exchange

Ripple’s RLUSD Stablecoin Listed on Bitget Exchange

Ripple’s stablecoin, RLUSD, has officially launched on Bitget, a leading global cryptocurrency exchange. Trading began on May 29, 2025, at 10:00 UTC. This marks the fourth centralized exchange (CEX) listing for RLUSD this year, underscoring its accelerating adoption across the crypto ecosystem. The Bitget listing places RLUSD in the platform’s

May 29, 2025 2 mins read
BitLicense Faces Scrutiny from NYC Mayor Eric Adams

BitLicense Faces Scrutiny from NYC Mayor Eric Adams

New York City Mayor Eric Adams, known for his pro-crypto stance, is now targeting one of the most controversial regulations in the digital asset space: the BitLicense. Speaking at a recent crypto industry event, Adams questioned the effectiveness of the BitLicense regime and suggested it might be time to phase

May 29, 2025 2 mins read
US Banks Cautiously Eye Crypto Expansion, Awaiting Regulatory Clarity

US Banks Cautiously Eye Crypto Expansion, Awaiting Regulatory Clarity

Large American banks are gingerly venturing into the crypto sector. Even as regulators increasingly give their stamp of approval, these banking behemoths are still hesitant to take the plunge into digital currencies. Rather, they are choosing small-scale pilot projects, alliances, and modest crypto-trading endeavors, according to a number of industry

May 29, 2025 2 mins read