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Crypto News
ETH’s Bullish Outlook: Breakthrough of $2,793 Could Lead to $3,500-$4,000
The amount of staked ether has increased by more than 650,000 since the beginning of the year, reaching a record high of 34.653 million by June 8. This figure accounts for nearly 30% of the total circulating supply of ether. Mixed Fortunes…
Fintech Heavyweight Stripe Snaps up Privy to Dominate the Future of Web3 Payments
After snapping up Bridge, the multinational financial services and SaaS heavyweight Stripe has now set its sights on Privy, a company that builds infrastructure for crypto wallets. Stripe’s Crypto Grab Continues—Privy Joins the…
Saylor Declares Bitcoin Winter Over, Says BTC Headed for $1 Million
Strategy co-founder Michael Saylor is brushing off Wall Street skeptics, claiming the company’s bitcoin-backed financial model makes shorting its stock a losing bet—and declaring that bitcoin is headed to $1 million. Saylor: Short Strategy…
No One Fell for It: Paraguay’s Bitcoin Legal Tender Announcement Was a Zero-Sum Hack
A recent social media post by President Santiago Peña announcing the enactment of bitcoin as Paraguay’s legal tender, shook the crypto community. Nonetheless, this turned out to be a scheme by attackers who gained control of the account and…
56% of Fortune 500 Firms Pursue Onchain Projects: Coinbase
A majority of Fortune 500 firms are now developing onchain initiatives, with blockchain adoption also gaining momentum among small and midsize businesses, according to new data published by Coinbase. Blockchain Adoption Is Rising, According…
Trump-Linked Bitcoin Mining Firm Adds 215 BTC to Treasury in Bold Power Play
The Trump-affiliated firm American Bitcoin disclosed in a recent U.S. Securities and Exchange Commission (SEC) filing that it has acquired “approximately 215 bitcoin” to bolster its reserves. American Bitcoin’s Crypto Bet Grows American…
SBI Group Invests $50 Million in Circle, Signaling Confidence in Stablecoin Future
The SBI Group has announced a significant investment in Circle, with its subsidiaries SBI Holdings and SBI Shinsei Bank each contributing $25 million, totaling $50 million. Circle Stock ‘Too Hot’ for Some Investors The SBI Group…
Circle’s Meteoric Rise Spurs CRCL ETFs From Proshares and Bitwise
Two new single-stock exchange-traded funds (ETFs) have filed to launch in order to capitalize on the explosive debut of Circle Internet Group (CRCL), which has surged 266% since its IPO last Thursday and now trades at $113 per share.…
DOGE Gets Distilled: Heritage Unleashes Dogecoin-Themed Bourbon
Hot on the heels of its limited-run, Bitcoin-themed Kentucky straight bourbon, Heritage Distilling Holding Company is back with a new pour—this time teaming up with the House of Doge to debut a dogecoin-infused bourbon experience. Heritage…
Visa, Fidelity, China AMC Pilot Chainlink-Powered CBDC-Stablecoin Swap
Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink Enables Direct e-HKD…