Paris-based crypto firm, The Blockchain Group, announced that it intends to raise €300 million (approximately $342 million) in order to increase its Bitcoin treasury holdings. The raising begins to stand out as another step in the growing trends of institutional crypto adoption in Europe, while it further carves its identity
June 9, 2025 2 mins read
Michael Saylor, Executive Chairman and Co‑Founder of MicroStrategy, recently addressed concerns over quantum computing potentially breaking Bitcoin’s encryption. In a CNBC interview, he dismissed fears raised by firms like BlackRock that advanced quantum machines could render Bitcoin insecure. Saylor noted that anyone capable of building a quantum computer powerful enough to
June 9, 2025 2 mins read
In a landmark development for Ripple’s XRP, the digital asset has been officially added to the Nasdaq Crypto US Settlement Price Index (NCIUS), effective June 2, 2025. This move expands the index beyond its original Bitcoin (BTC) and Ethereum (ETH) components to now include XRP, Cardano (ADA), Solana (SOL), and
June 9, 2025 2 mins read
Cryptocurrency exchange Gemini has announced its intent to go public, submitting a confidential draft registration with the U.S. Securities and Exchange Commission (SEC) to begin the process for an initial public offering (IPO). The announcement, made on June 6, signals a major strategic move for the crypto firm co-founded by
June 7, 2025 2 mins read
Capitalizing on the opportunities of the growing DeFi ecosystem, OKX Ventures undertook an investment in Momentum, a DEX on the Sui blockchain. Announced on June 6, the announcement situates Momentum as a fast-rising star within the Sui realm, providing deep liquidity and very efficient trading opportunities. Founded in 2022, Momentum
June 6, 2025 2 mins read
Citadel Securities, the Nasdaq-listed market-maker, is preparing to double down on cryptocurrency trading in 2025, driven by new regulatory clarity from the U.S. Securities and Exchange Commission (SEC). President Jim Esposito outlined the push during a June 4 conference call, stating that “crypto has passed the point of no return,” and
June 6, 2025 2 mins read
The legal war of Ripple Labs and the SEC of the United States reached another precarious stage on June 5, as a court deadline stared down investors. Since Judge Analisa Torres denied the joint motion filed for an indicative settlement ruling on May 15, XRP price has dropped by 18%,
June 6, 2025 3 mins read
In a major milestone for institutional crypto adoption, JPMorgan Chase is now offering financing to clients using spot Bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral. This shift, reported by Bloomberg on June 4, 2025, signals growing acceptance of regulated crypto investment vehicles in traditional
June 5, 2025 2 mins read
The U.S. Securities and Exchange Commission (SEC) has now delayed its decision on the application filed by Canary Capital for a spot exchange-traded fund (ETF), which is to be built on the Sui blockchain’s native token. The withdrawal is not unexpected but does emphasize its continued caution in approving direct
June 5, 2025 3 mins read
Ukrainian authorities have arrested a 35-year-old man from the Poltava region for allegedly hacking into thousands of hosting accounts and using the stolen access to mine cryptocurrency, resulting in more than $4.4 million in damages. The suspect is accused of running an elaborate cryptojacking operation that compromised servers from a
June 5, 2025 2 mins read