Centralized treasuries, including ETFs and corporations, control 30.9% of the Bitcoin supply. Centralized exchanges and ETFs handle over 75% of BTC’s adjusted transfer volume. Strategic BTC Reserve could generate a $25 market cap expansion for every $1 invested. Centralized treasuries now control 30.9% of Bitcoin’s circulating supply, according to a new report from Gemini and … Read more
The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s … Read more
Floki Inu launches a five-week Valhalla campaign targeting mobile gamers across seven crypto-friendly countries. Valhalla ads will appear in top games like Subway Surfers and Candy Crush to boost awareness and adoption. Starting June 16, Floki Inu will execute a five-week campaign to introduce Valhalla—their Play-to-Earn metaverse game—to millions of mobile gamers around the world. … Read more
The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s … Read more
Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack Ma-backed Ant Group, is preparing to submit a license application in Hong Kong after the city’s stablecoin regulatory framework takes effect in August, according … Read more
Despite the positive news on the US-China trade front and the CPI numbers in the States, bitcoin’s price failed to capitalize and has fallen by over two grand. Most altcoins are also in the red today, with DOGE, SUI, ADA, LINK, TRX, and AVAX posting big losses. BTC Stopped at $110K After last Friday’s violent … Read more
The idle power paradox and Pakistan’s Bitcoin energy plan As of March 2025, Pakistan boasted an installed power capacity of 46,600 MW, a slight increase from the previous year. Almost 14% of this capacity remains idle, especially during off-peak winter months when demand can drop as low as 12,000 MW. The core issue here lies … Read more
A jaw-dropping collaboration between the Stellar Network and PayPal could see PYUSD integrated on the decentralised, public blockchain. PayPal’s stablecoin is expected to reap a wide array of benefits, including capitalising on the speed and low transaction cost of the Stellar Network. PayPal has announced a strategic move to integrate its stablecoin PayPal USD (PYUSD) … Read more
The second largest cryptocurrency by market capitalization, Ethereum, currently trading at $2,542.82 with a 6.71% increase over the past month, is experiencing significant capital inflows in its exchange traded funds (ETFs), which is a sign of strong institutional confidence. Despite the high gas fees and network congestion, this surge in ETF investments of $281 million … Read more
Bitcoin Bitcoin’s rally has hit resistance at the $110,000 level, prompting concerns of a short-term correction as technical and derivatives data begin flashing caution signals. Top analysts are pointing to weakening momentum and rising short pressure, even as the macro backdrop remains volatile. Van de Poppe: Correction Likely After Rejection at $110K According to Michaël … Read more