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
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 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
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
AVNT price shot up following the announcement by Binance. It underlined listing three Avantis token trading pairs on the platform, adding that they will have Seed Tag attached. AVNT price is anticipated to undergo a correction. Meanwhile, BNB price sustained a gain above $930 with a slight decline in the
COLS price is up since KuCoin announced the listing of the crypto on its platform. This made for the second listing in recent days, with MEXC being another platform to have made the announcement. Cointel has now laid out its roadmap, stating its mission to onboard the next 100 million
Leading cryptocurrency exchanges and VASPs are being invited to apply for licenses under a new federal regime in Pakistan, which has opened the door to foreign crypto firms. Dawn, a Pakistani news agency, said on Saturday that the country’s virtual asset regulatory authority (PVARA) has invited big crypto companies to become
The US Federal Reserve is expected to cut rates three times this year, that is, in 2025. All three rate cuts may reportedly happen in the next three Fed meetings. Rate cuts have triggered expectations for crypto prices to rise further by the year-end. US inflation and the labor market
