English News
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 […]
ChatGPT o3’s 42-Signal AI SOL Price Forecast Reveals Breakout Momentum Amid Historic Staking ETF Launch
(Crypto News)-02/07/2025ChatGPT’s o3 AI model processed 42 live indicators and came up with a Solana price forecast as SOL surged 2.95% to $157.85, testing key 200-day EMA resistance. Meanwhile, REX-Osprey launched the first-ever U.S. staking ETF, and Robinhood introduced SOL staking.Solana is breaking above the EMA support cluster with strong momentum, approaching decisive resistance at $159.65 as Bloomberg analysts upgrade ETF approval odds to 90% for 2025.The market […]
Bloomberg Analysts See 95% Chance of Solana, Litecoin, XRP ETF Approvals This Year
(Crypto News)-02/07/2025Bloomberg ETF analysts have sharply raised expectations for US approval of spot exchange-traded funds tracking Solana, Litecoin, and XRP, now pegging the odds at 95%.In an X post on June 1, ETF specialists Eric Balchunas and James Seyffart said they see a wave of new crypto ETFs hitting the market in the second half of […]
Malaysia Crypto Trading Hits Record $2.9B as Regulator Proposes Sweeping DAX Reforms
(Crypto News)-02/07/2025Malaysia’s Securities Commission (SC) has proposed sweeping changes to its digital asset exchange (DAX) regulatory framework. This follows a sharp rise in digital asset trading, which hit a record RM13.9 billion ($2.9 billion) in 2024, more than double the volume recorded in 2023.According to the consultation paper released by the commission, the proposed updates aim to […]
Trump-Linked Bitcoin Miner Hut 8 Eyes Dubai for Expansion
(Crypto News)-02/07/2025Hut 8, the North American Bitcoin mining firm tied to the Trump family, is opening an office in Dubai, signaling a strategic shift toward global expansion and capital efficiency.The move comes as the Gulf city continues to lure digital asset firms with its relaxed tax policies and business-friendly environment.The Miami-based company registered the new office last […]
Trump’s Tax Bill Could Squeeze Bitcoin Miners Who Rely on Solar Power
(Crypto News)-25/06/2025Donald Trump’s tax bill, narrowly passed by the U.S. House of Representatives in late May, could result in a major increase in energy costs for Bitcoin miners who rely on solar power and other renewables, according to industry analysts.The bill, dubbed by the Republican President “big, beautiful bill,” would phase out Biden-era renewable energy incentives, with […]
Trump Media Unveils $400M Buyback While Guarding $2.3B Bitcoin War Chest
(Crypto News)-25/06/2025Trump Media & Technology Group Corp., the parent company of Truth Social, has announced plans to repurchase up to $400 million worth of its stock.The move, confirmed in a press release on Monday, was approved by the company’s board of directors and will include the buyback of both common stock and warrants through open market transactions.All […]
Fed Cracks Down: U.S. Banks Can No Longer Block Crypto Over “Reputational Risk”—Now What?
(Crypto News)-25/06/2025The United States Federal Reserve has removed “reputational risk” from its supervisory framework for banks, a decision that could reshape how financial institutions engage with the crypto sector.In a policy update released Monday, the Fed said it will now focus on more specific financial risk discussions instead of the vague and often criticized reputational risk metric.For […]
GENIUS Act Passes Senate — But Big Stablecoin Challenges Remain
(Crypto News)-25/06/2025Stablecoins are back in the spotlight after the Senate finally passed the GENIUS Act — a key milestone in creating clear rules of the road for crypto firms to follow.The bill would require issuers to fully back their stablecoins with U.S. dollars, and licensing would depend on the total market capitalization of their digital assets.There are also safeguards for […]
Revealed: The Trump Family’s Huge Profits from Crypto
(Crypto News)-25/06/2025Keeping up with Donald Trump’s never-ending crypto interests is a challenge at the best of times — but official figures from his financial disclosure help shed light on how lucrative his foray into digital assets has been.A vast 200-page filing from the Office of Government Ethics reveals that he personally received an income of $57.4 million from his […]
Russian Crypto CEO Charged in $530M Laundering Fraud – Here’s What Happened
(Crypto News)-11/06/2025New York federal prosecutors have arrested and arraigned the Russian CEO of Miami-based crypto platform Evita for orchestrating a $530 million fraud scheme.The Russian national used his crypto company, Evita, to funnel $530 million of overseas payments via US banks and crypto platforms, the DOJ release noted. Further, the accused moved the money to aid sanctioned […]
