Institutional interest rebounds sharply as BTC crosses the $111K mark. Bitcoin set a new all-time high yesterday, soaring to $111,968, a milestone that triggered a wave of institutional investment. The rally pushed over $934 million into spot Bitcoin Exchange-Traded Funds (ETFs), marking the highest single-day inflow since April 22, according
May 23, 2025 2 mins read
Large banks venture into digital currency to remain competitive within the new crypto-financial environment. In a dramatic change of strategy, top US banking institutions JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others are said to be in preliminary talks to issue a jointly created stablecoin. As quoted by
May 23, 2025 2 mins read
Braza Group has officially launched USDB, a new USD-pegged stablecoin issued on the XRP Ledger (XRPL), bringing a secure and cost-effective digital currency option to individuals and businesses in Brazil. The announcement, made on May 22, 2025, marks a significant leap in the company’s mission to modernize financial services and
May 23, 2025 2 mins read
Strategy, formerly MicroStrategy, the software company turned crypto giant, is making waves again. With Bitcoin (BTC) reaching an all-time high of $111,861, the company is set to post a massive $22.7 billion gain in Q2 2025, the largest quarterly profit in its history. This explosive growth could position MicroStrategy for
May 22, 2025 2 mins read
Tether’s withdrawal of USDT, the world’s most actively traded stablecoin, from the European market in response to MiCA regulations has created a humongous $150 billion liquidity gap. This sudden withdrawal has presented an opportunity for Ripple’s RLUSD to take dominance. The EU’s MiCA regulation that came into force in December
May 22, 2025 3 mins read
Coinbase, one of the largest cryptocurrency exchanges in the world, has officially disclosed a data breach that affected 69,461 users, including sensitive customer information like names, phone numbers, addresses, email IDs, and even government ID images. The breach occurred on December 26, 2024, but was only discovered in May 2025,
May 22, 2025 2 mins read
Ethereum co-founder Vitalik Buterin has hinted at a massive change for the blockchain’s future, raising the Layer1 gas limit by 10 to 100 times. His comment came in response to a recent technical milestone achieved by Succinct Labs, a team working on real-time proving systems using zkVMs (zero-knowledge virtual machines)
May 21, 2025 2 mins read
Hong Kong has officially passed the Stablecoins Bill, marking a significant step forward in the regulation of digital assets. The legislation mandates that any company issuing fiat-backed stablecoins, particularly those pegged to the Hong Kong dollar or operating within Hong Kong’s jurisdiction, must now obtain a license from the Hong
May 21, 2025 2 mins read
In a landmark move for state-level cryptocurrency adoption, the Texas House of Representatives on Tuesday advanced Senate Bill 21, aimed at establishing a state-managed Bitcoin reserve. The bill passed its second reading with a strong 105-23 vote, gaining bipartisan backing and edging closer to becoming law. The proposed legislation Texas
May 21, 2025 2 mins read
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on rule changes that would allow for the trading of proposed exchange-traded funds (ETFs) tracking XRP and Dogecoin, two of the world’s largest cryptocurrencies by market cap. The decision affects filings by 21Shares, which proposed an XRP ETF, and
May 21, 2025 2 mins read
