Next Technology Holding, the largest Bitcoin treasury firm in China, announced that it would sell $500 million of common stock. The funds will be used to invest in more Bitcoin purchases and overall company activities of the AI-based software company. This strategic action places the company in a position to
With the continuous bearish fall, the crypto market remains under downside pressure. Notably, the overall market sentiment is neutral, as the Fear and Greed Index value is located at 50. The majority of the assets had begun to lose momentum and charted in red. Meanwhile, the largest altcoin, Ethereum (ETH),
Bill Morgan, a notable crypto lawyer, shared that XRP ETF was coming this week. XRP ETF will essentially come with an exposure to XRP price. DOGE ETF is speculated to make its debut alongside Ripple-related ETF on the same day. XRP prices are under the scanner as the debut of
The recovery from the bear market is failing back-to-back, with the downside pressure strengthening. All major tokens have entered the red zone, unable to reclaim the recent highs. The largest asset, Bitcoin (BTC), attempts to escape the trap, displaying a series of ups and downs, but faces rejection. The BTC
The Bank of England has proposed plans to fix how much individuals and businesses can hold in systemic stablecoins, drawing sharp dispute from crypto industry groups. Based on that , individuals could be limited to between £10,000 and £20,000 (~US$13,600–$27,200), while businesses might face a top amount of about £10
Introducing Bitcoin (BTC) staking represents a major joining of Bitcoin’s security with DeFi innovations on Starknet, Ethereum’s Layer-2 scaling solution. Stakeholders will be able to stake and earn network rewards for their BTC in the mainnet that generally launches on September 30. Bitcoin’s staking power is set at one-quarter in
Polkadot’s decentralized autonomous organization has passed a referendum establishing the network’s first maximum token supply limit at 2.1 billion DOT tokens. The decision marks a fundamental shift away from the blockchain’s previous unlimited inflationary tokenomics model that had no ceiling on total token creation. Under the former system, Polkadot minted
A whale transferred a huge number of Ether tokens to OKEX. This has sparked speculation about ETH price decline. The transfer comes at a time when the ETH price is going through a decline. However, long-term speculation is bullish, and all eyes are on the Spot Ether ETF data to
Global crypto exchange OKX has expanded its coverage in Australia with the launch of a regulated digital asset platform specifically for self-managed superannuation funds (SMSFs). The platform is built to make it easier for retirees and trustees to tap into crypto while also streamlining the tricky parts like reporting, auditing,
The Sui-based DeFi platform Nemo Protocol has said that the compensation plan would be made available for the recent $2.4 million hack victims. To recover their losses, the platform is launching a debt token called NEOM that will pay the victims so that the community can gain back trust. NEOM
