English News
Bitcoin Sets New Record High Above $126K As Political Gridlock Boosts Haven Assets
(Crypto News)-10/08/2025Bitcoin surged to a new record high above $126,000 on Monday, extending gains as investors sought shelter from political and economic uncertainty.The milestone added to a powerful run that has seen the cryptocurrency nearly double in value over the past year.The world’s largest digital asset climbed as high as $126,080 after breaching the $125,000 mark […]
EU Eyes Sanctions on Russian Ruble-Backed Stablecoin A7A5
(Crypto News)-10/08/2025The European Union is weighing a fresh round of sanctions targeting A7A5, a ruble-backed stablecoin that has rapidly become the largest non-US-dollar pegged token in the world.The move would prohibit EU-based individuals and companies from interacting with the token, either directly or via intermediaries, according to internal documents reviewed by Bloomberg.The proposed action forms part […]
India to Roll Out Sovereign RBI-Backed Digital Currency, Minister Flags Unbacked Crypto
(Crypto News)-10/08/2025Indian Union Minister Piyush Goyal announced that the nation will introduce a digital currency backed by a Reserve Bank of India (RBI) guarantee. The central bank-backed crypto is aimed at faster and traceable transactions compared to traditional banking.India does not encourage digital assets that lack sovereign or asset backing, he said during the financial […]
Dubai Fasset Gets Malaysia Banking License to Launch Shariah-Compliant Stablecoin Bank – A First Globally
(Crypto News)-10/08/2025Fasset, a Dubai and Jakarta-based digital banking and investment platform, has received a provisional banking license from Malaysia to operate the world’s first stablecoin-powered Islamic digital bank.The regulatory approval enables Fasset to offer Shariah-compliant savings, zero-interest accounts, investment services using stablecoins and tokenized assets, and global payments on-chain, targeting financial inclusion gaps across Muslim-majority regions in […]
Next-Gen Gulf Heirs Push Family Wealth Into Crypto and Hedge Funds
(Crypto News)-10/08/2025Leading the charge are Abdulaziz and Abdulla Kanoo, 28-year-old twin brothers from Bahrain’s storied Kanoo family, who pushed their family office to back Bitcoin in 2020, according to a Tuesday report by Bloomberg.Their proposal, initially met with skepticism by the family’s investment head James Burke, was eventually approved by the Kanoo Group’s committee, despite resistance […]
On-Chain Data Shows Bitcoin Far from Peak as Analyst Maps $240K Bull Case
(Crypto News)-01/10/2025On-chain data from Checkonchain and Unchained shows that Bitcoin is far from its peak, as the leading crypto asset has yet to “enter the euphoric right tail in the current cycle.“James Check, co-founder and Bitcoin analyst at Checkonchain, reveals that the current all-time high Bitcoin price of $124k is approximately 1.8x the 2021 peak of $69k.To validate the ‘diminishing […]
Chinese National Pleads Guilty in World’s Largest $6.7B Crypto Seizure Case
(Crypto News)-01/10/2025A Chinese national has pleaded guilty to her role in the world’s largest cryptocurrency seizure, totaling more than £5 billion ($6.7 billion).Zhimin Qian, also known as Yadi Zhang, appeared at London’s Southwark Crown Court on Monday, where she admitted to illegally acquiring and possessing tens of thousands of Bitcoins linked to a massive fraud […]
Is Massachusetts About to Create a Strategic Bitcoin Reserve? Key Hearing Set for Oct 7
(Crypto News)-01/10/2025Massachusetts lawmakers are set to hold a hearing on October 7 to discuss the creation of a state-backed Strategic Bitcoin Reserve (SBR), a move that could mark a turning point in U.S. crypto policy.The hearing was announced by the state’s Joint Revenue Committee and stems from Senate Bill S.1967, introduced earlier this year by Republican Senator Peter […]
Why Stablecoins Have a Huge Opportunity to Attract Millions of Users
(Crypto News)-01/10/2025The crypto industry’s long had an obsession with mass adoption — and right now, there’s a huge opportunity to win round millions of consumers.In major economies, interest rates are beginning to tumble. The European Central Bank has slashed theirs four times so far this year, with the Bank of England opting for three. And the Federal Reserve has just unveiled its […]
$37T Question: Can Stablecoins Be a Magic Bullet for US Debt?
(Crypto News)-01/10/2025U.S. President Donald Trump’s campaign promise to pay America’s $37 trillion debt in Bitcoin was mocked by both supporters and critics as political theater. But in Russia, a powerful rival, the rhetoric has elicited serious warnings.Anton Kobyakov, a senior advisor to Russian President Vladimir Putin, recently accused the U.S. of positioning itself as arbiter over crypto and […]
Crypto Market Suffers 2% Drop As Bitcoin Tumbles and $1.7B Liquidations Mount
(Crypto News)-24/09/2025The crypto market lost altitude on Tuesday, slipping 2% to about $3.9 trillion as Bitcoin fell toward $112,000 and erased the week’s gains, with roughly $1.7 billion in liquidations accelerating the sell-off as leveraged positions unwound.Bitcoin was last down about 1.8% near $112,561, while Ethereum fell 3.3% to $41,197, BNB dropped 4% to $991.3, […]
Bitcoin Mining in 2025–2026: Beyond the ASIC Arms Race
(Crypto News)-24/09/2025In 2025, the Bitcoin mining market is going through a radical transformation. The first cryptocurrency has evolved into a U.S. national reserve asset and surpassed $100B in ETF holdings, becoming a bedrock of institutional portfolios. Meanwhile, the industry faced serious headwinds: U.S. tariffs boosted mining equipment prices, the 2024 halving slashed miner rewards, but the network […]
US Push SEC to Open $12.5T 401k Market to Crypto
(Crypto News)-24/09/2025U.S. lawmakers are pressing the Securities and Exchange Commission (SEC) to implement President Donald Trump’s recent executive order that opens the $12.5 trillion 401(k) retirement market to alternative assets, including cryptocurrency.In a letter dated September 22, House Financial Services Committee Chairman French Hill and Ranking Member Maxine Waters urged SEC Chair Paul Atkins to move […]
Why Stablecoins Have a Huge Opportunity to Attract Millions of Users
(Crypto News)-24/09/2025The crypto industry’s long had an obsession with mass adoption — and right now, there’s a huge opportunity to win round millions of consumers.In major economies, interest rates are beginning to tumble. The European Central Bank has slashed theirs four times so far this year, with the Bank of England opting for three. And the Federal Reserve has just unveiled its […]
South Korean Exchange Bithumb Partners With Trump Family-Backed WLFI to Boost DeFi Expansion
(Crypto News)-24/09/2025South Korean crypto exchange Bithumb has signed a strategic partnership with World Liberty Financial, the Trump-affiliated crypto venture, on Monday.Per an official statement released Tuesday, the partnership will help foster global DeFi growth. Further, the deal aims to explore new business opportunities in the DeFi sector and strengthen global investor confidence.“This collaboration with WLF will be […]
China’s Biggest Corporate Bitcoin Holder Plans $500M Stock Sale to Buy More BTC
(Crypto News)-17/09/2025“We intend to use the net proceeds from the sale of any securities offered under this prospectus for general corporate purposes, including, but not limited to, the acquisition of Bitcoin,” the firm said in a filing submitted to the SEC on Monday.Next Technology Becomes 15th-Largest Corporate Bitcoin HolderNext Technology currently holds 5,833 Bitcoin worth approximately […]