Circle’s stock (NYSE: CRCL) reached an all-time high of $165.60 on June 16 before closing at just above $151, marking a more than 500% increase since its Nasdaq debut. Arthur Hayes, founder of Bitmex, cautions that Circle’s remarkable performance may be difficult to replicate. Growing Investor Interest in Stablecoins On June 16, stablecoin issuer Circle’s … Read more
According to a recent report by Reuters, BBVA, a major Spanish banking institution, is proactively advising affluent clients to invest in Bitcoin and Ethereum, Reuters reports. The Bilbao-based financial services company has recommended an allocation ranging from 3% to 7% of their portfolio, depending on their level of risk tolerance. This could be potentially a … Read more
Eyenovia (EYEN), a digital ophthalmic medical technology company, has become the first publicly listed US firm to create a Hyperliquid (HYPE) reserve. The company revealed plans to invest $50 million to fund its HYPE treasury strategy. Additionally, Eyenovia will undergo a rebranding to Hyperion DeFi, with its stock ticker transitioning from EYEN to HYPD, expected … Read more
Coinbase seeks SEC approval to launch tokenized stocks as blockchain securities. Legal victory and SEC engagement position Coinbase to lead in security tokens. MiCA licensing and X402 show Coinbase’s push for global crypto-fintech dominance. Coinbase is making a bold move to bridge the gap between traditional financial markets and blockchain technology. The company is reportedly … Read more
Bybit has launched Bybit TradFi, becoming the first major crypto exchange to offer access to traditional assets, including stocks, forex, and gold, within its platform, marking a new chapter in unified digital and traditional trading. TradFi App to Bridge Crypto and Traditional Markets for Bybit Users Bybit has unveiled Bybit TradFi, a major product expansion … Read more
For those following the intersection of technology, finance, and influential figures, the latest news from Elon Musk‘s ventures is always noteworthy. His artificial intelligence startup, xAI, is reportedly making waves in the funding landscape, seeking a substantial new capital infusion. This move highlights the immense financial demands of competing in the rapidly evolving AI sector. … Read more
No topic is more contentious in crypto than Central Bank Digital Currencies (CBDCs). In just 12 months, the number of countries exploring a central bank digital currency has ballooned from around 35 to at least 81, and likely higher as new data confirms 134 nations are now looking into digital currencies covering 98% of global GDP. Here’s … Read more
After months of posturing, standoffs, and closed-door edits, the Senate crypto bill passed, AKA the GENIUS Act. It is the first real attempt at regulatory framework targeting stablecoins. The final vote came in at 68 to 30, a rare show of bipartisan muscle in a chamber better known lately for doing nothing. For crypto, it’s … Read more
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing … Read more
Canadian agricultural firm AgriFORCE Growing Systems Ltd. has launched an initiative to use stranded gas to power 120 Bitcoin mining rigs, which the company says it plans to expand. The site, located in Berwyn, Alberta, and launched in partnership with energy provider BlueFlare Energy, draws in 425 kilowatts (kW) for 32 petahashes per second (PH/s) … Read more