English News

Chinese BTC Mining Firm Bitmain Mulls Building First US Facility
(Crypto News)-30/07/2025Chinese Bitcoin mining rig manufacturer Bitmain is considering a phased strategy to establish its first US factory soon. The company would also officially set up a new headquarters in either Texas or Florida, Bloomberg reported.In the first phase, Bitmain intends to recruit about 250 local employees for manufacturing and site-level maintenance units.According to Irene Gao, […]

Coinbase in Advanced Talks to Acquire CoinDCX at Valuation Below $1B: Report
(Crypto News)-30/07/2025Coinbase is reportedly in late-stage talks to acquire Indian crypto exchange CoinDCX, weeks after the $44 million crypto heist.According to Indian media outlet Livemint, the deal would appraise CoinDCX at below $900 million, a steep decline from its peak valuation of $2.2 billion in 2021.Per two sources familiar with the development, Coinbase views the acquisition as […]

What if Strategy Had Invested in XRP Instead of Bitcoin?
(Crypto News)-30/07/2025Strategy (formerly known as MicroStrategy) has been on a wild ride these past few years — defying naysayers by persevering through bear markets, amassing as much Bitcoin as possible, and accruing billions of dollars in paper profits.The latest figures show the one-time business intelligence firm now holds 607,770 BTC, equivalent to 2.9% of the 21 million […]

7M Bitcoin at Risk as Quantum Computing Set to Break Crypto in 3 Years | Interview
(Crypto News)-30/07/2025A day is coming when quantum computing will “rip to shreds” the security systems on which Bitcoin — and crypto as a whole — is built.That day, dubbed “Q-Day”, is “right at our doorstep,” at most five years from now, could be earlier, according to David Carvalho, the founder, CEO, and chief scientist of decentralized post-quantum […]

China Industrial Bank Fast-Tracks AI-Driven Stablecoin Plan Amid Dollar Dominance Threat
(Crypto News)-30/07/2025Banks in China are looking into stablecoin possibilities while dollar-based digital currencies dominate the global market.China Industrial Bank will prioritize research into stablecoins and expand its “AI+” initiative, according to a report published by Shanghai Securities News.At its mid-year work conference, the bank outlined plans to accelerate the shift from a “Digital Industrial Bank” to […]

SpaceX Moves $152M BTC After Three Years – Is Elon Musk Looking to Dump Bitcoin?
(Crypto News)-23/07/2025Elon Musk’s SpaceX has moved over $152 million worth of Bitcoin after more than three years of dormancy, according to data from blockchain analytics platform Arkham Intelligence.On July 22, a wallet linked to SpaceX executed a large Bitcoin transaction, transferring 1,308.45 BTC, valued at approximately $152.85 million, to a new address.The fee paid for […]

Amazon Now Sells AI Agents On Its Marketplace. What It Means for You
(Crypto News)-23/07/2025AI agents have been all the rage in recent months, and Amazon has just started selling these artificially intelligent autonomous assistants on its marketplace to anyone who can afford it. What could go wrong?A lot, actually, at least as far as data protection and privacy are concerned.“The real concern here is opacity,” Sean Ren, […]

7M Bitcoin at Risk as Quantum Computing Set to Break Crypto in 3 Years | Interview
(Crypto News)-23/07/2025A day is coming when quantum computing will “rip to shreds” the security systems on which Bitcoin — and crypto as a whole — is built.That day, dubbed “Q-Day”, is “right at our doorstep,” at most five years from now, could be earlier, according to David Carvalho, the founder, CEO, and chief scientist of decentralized post-quantum […]

Expert: Bitcoin Hitting $150,000 is ‘Inevitable’ — Here’s When
(Crypto News)-23/07/2025A prominent crypto analyst has told Cryptonews that it’s “inevitable” Bitcoin will hit $150,000 — and revealed when the historic milestone might be reached.Copper’s head of research, Fadi Aboualfa, says BTC’s recent return to all-time highs has been primarily driven by institutional investors, with “leverage-driven retail mania fading into history.”He believes Bitcoin “appears primed for another significant leg upward” based on […]
Western Union Eyes Stablecoin Integration to Boost Cross-Border Payment Efficiency
(Crypto News)-23/07/2025Western Union is positioning itself for a new phase of digital transformation, signaling strong interest in using stablecoins to modernize its global remittance operations.Speaking to Bloomberg on Tuesday, CEO Devin McGranahan outlined how stablecoins could streamline cross-border transfers, improve currency conversion in underserved markets, and provide financial tools for populations grappling with unstable local currencies.“We […]
Nasdaq-Listed Bit Digital Plans to Raise $67.3M to Expand Ethereum Treasury
(Crypto News)-16/07/2025Nasdaq-listed crypto infrastructure firm Bit Digital announced plans to raise $67.3 million through a direct offering of 22 million ordinary shares aimed at institutional investors to expand Ethereum Treasury.The proceeds will be used exclusively to purchase Ethereum, further expanding the company’s growing ETH treasury, the firm said in a Monday announcement.Priced at $3.06 per share, […]
Bitcoin Hits Record High: Experts Predict What Will Happen Next
(Crypto News)-16/07/2025Here we are again. Bitcoin has accelerated to a new all-time high of $118,856.47 — a dramatic and sudden breakout that means the world’s biggest cryptocurrency has doubled in value over the past year.After trading in a relatively tight range for weeks, and stalling despite the S&P 500 smashing multiple records, BTC started to spike higher on […]
AI Firms Pivot to Bitcoin Mining with Data Center Power
(Crypto News)-16/07/2025AI companies are now using excess data center power to mine Bitcoin — a move that could help stabilize electricity grids, improve energy efficiency, and boost the economics of both sectors, according to industry analysts.In June, Bitcoin miner Mara Holdings launched a project that leverages idle power from an artificial intelligence (AI) data center to mine […]
Kazakhstan to Move Reserve Wealth Into Crypto — Which Countries Showed Them the Way?
(Crypto News)-16/07/2025Kazakhstan is moving deeper into crypto, following the lead of sovereign funds in the US, Norway and the Middle East. It now plans to channel part of its gold and foreign exchange reserves, along with National Fund assets, into digital asset-related investments.The announcement came from National Bank Chairman Timur Suleimenov, who revealed at a recent […]
Banks Engaging in Crypto ‘Safekeeping’ Must Strengthen Risk Controls: US Fed Agencies
(Crypto News)-16/07/2025Three US Fed banking regulators issued a joint statement on Monday, reminding banks that offer crypto custody to follow risk-management considerations.The Federal Reserve, Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC) discussed how existing laws, regulations and risk-management protocols apply to crypto ‘safekeeping.’The agencies clarified that the statement does […]
German Banking Giant Sparkassen to Launch Bitcoin, Ether Trading in Banking Apps by 2026
(Crypto News)-02/07/2025Germany’s Sparkassen-Finanzgruppe plans to launch crypto trading for its 50 million customers by summer 2026, marking a major turnaround for the country’s largest banking group.According to Bloomberg, Dekabank, owned by Sparkassen, will oversee the crypto offering through the group’s mobile banking app, enabling direct trading of Bitcoin and Ether.The German Savings Banks Association (DSGV) confirmed […]