COINOTAG News reports that in May, Binance’s net holdings showcased a significant uptick, reaching 12,475.807 BTC. This represents an increase of 6,393.577 BTC from April’s figure of 6,082.23 BTC. Given the current Bitcoin price of $99,000, this rise in holdings translates to an impressive value of approximately $6.32 billion. This substantial increase highlights Binance’s robust … Read more
David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm. The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become a publicly traded company focused on acquiring … Read more
Bitget has recently forged a strategic alliance with Avalanche aimed at bolstering the burgeoning Web3 ecosystem in India. This collaboration will focus on launching various initiatives in two key metropolitan areas: Delhi and Bangalore. With a minimum investment of $10 million, the partnership seeks to foster local engagement through community-centric programs, including small grants, scholarships, … Read more
EPT, the native token of the AI-powered Web3 platform Balance, surged as much as 72% today ahead of its upcoming listing on South Korea’s Bithumb exchange later in the day. According to CoinGecko data, Balance (EPT) printed what traders call a “god candle” on May 8, rallying to an intraday high of $0.012. This pushed … Read more
Crypto project Saros, often referred to as “New Generation Liquidity Engine”, is a decentralized finance (DeFi) platform built on the Solana blockchain. The platform aims to improve the Web3 experience by offering an all-in-one suite of financial tools. .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d … Read more
Key Points: The Federal Reserve sustains interest rates at 4.25%–4.50% amid White House pressure. Chairman Powell emphasizes independence and data-driven policies. Market displays caution due to trade uncertainty and inflation risks. Jerome Powell, Federal Reserve Chairman, reiterated that presidential calls for interest rate cuts won’t sway the Fed’s decisions, maintaining rates at 4.25%–4.50% during the … Read more
Bhutan has partnered with Binance Pay and DK Bank to launch the world’s first national crypto-based tourism payment system, allowing visitors to use digital assets for everything from hotels to market purchases, boosting financial inclusion and innovation. Bhutan Becomes First Nation to Power Entire Tourism Sector with Crypto In a landmark move blending technology with … Read more
Key Points: Fed Chairman warns tariffs are driving inflation expectations higher. Potential rise in inflation may affect employment. Significant implications for U.S. monetary policy. Jerome Powell, Chairman of the Federal Reserve, highlighted that recent tariff increases are significantly driving inflation expectations, possibly leading to higher inflation and lower employment if they persist. Survey respondents pointed … Read more
The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said in a May 7 letter that banks and federal savings associations can buy and sell crypto they hold in … Read more
Cryptocurrencies serve beyond speculative functions by powering modern financial operations and creating innovative gaming platforms and privacy networks in today’s digital society. Blockchain projects, including Bitcoin and its innovative counterpart DexBoss, as well as AurealOne, deliver fresh approaches for how we conduct commerce while gaming and safeguard our digital identity. The five standout cryptocurrencies represent … Read more