Singapore-based MetaComp said Friday it completed a new funding round backed by Alibaba, as the company expands its stablecoin payment infrastructure. MetaComp completed a Pre-A+ round backed by Alibaba, bringing the cumulative total to $35 million across two rounds in three months, according to the announcement. The latest round also featured the European early-stage venture …
Continue reading “China’s Alibaba joins stablecoin platform MetaComp’s $35M fundraise”
Bitcoin (BTC) may approach a market bottom, with a macro model tied to the US and China’s benchmark 10-year bond yields hinting at a potential rally toward $100,000 in the months ahead. Key takeaways: Bitcoin whales show signs of accumulation that were seen near the 2023 market low. BTC holds key long-term support while “oversold,” …
Continue reading “Bitcoin’s ‘extremely precise’ macro signal puts $100K target back in play”
Ethereum co-founder Vitalik Buterin said Friday that he is no longer closely aligned with the Future of Life Institute, a group that received SHIB tokens from him in 2021. Buterin said the institute originally pitched him a broad roadmap for reducing existential risks, including those tied to artificial intelligence, biology and nuclear threats, along with …
Continue reading “Vitalik distances himself from nonprofit backed by SHIB donation”
Many Bitcoin miners are struggling to turn a profit this market cycle due to diminishing returns, so they may need to pivot to artificial intelligence hosting or put their holdings to work to generate yields, says market maker Wintermute. Wintermute said in a blog post on Thursday that Bitcoin (BTC) miners have spent years building …
Continue reading “Crypto miners must put their Bitcoin to work to survive: Wintermute”
Shares in Eightco Holdings (ORBS) jumped 12% on Thursday after it raised $125 million to back its bets in blockchain and artificial intelligence. Eightco said on Wednesday that crypto treasury firm Bitmine led the funding with $75 million, while Ark Invest and Payward, the parent company of crypto exchange Kraken, each chipped in $25 million …
Continue reading “Eightco lands $125M from Bitmine, ARK as Tom Lee joins board”
The Bitcoin Policy Institute (BPI) says it will push the US Federal Reserve to change how Bitcoin is treated, as the central bank is set to issue rules on how banks should implement international guidelines for asset risk weighting. “BPI will be reviewing this proposal closely and submitting a public comment to ensure that US …
Continue reading “Bitcoin advocate group to fight Basel’s ‘toxic’ treatment of cryptocurrency”
A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance. Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego said in a joint statement on Thursday that they “will conduct oversight to ensure the Department of Justice conducts a serious investigation …
Continue reading “Dems say they will oversee reported DOJ probe into Binance”
The US Treasury has sanctioned six people and two entities for their alleged roles in an IT worker fraud scheme orchestrated by North Korea, which frequently targets the crypto industry. The Office of Foreign Assets Control (OFAC) said on Thursday that it sanctioned alleged facilitators of the IT worker fraud networks operating in North Korea, …
Continue reading “US Treasury sanctions enablers of North Korea IT worker fraud ring”
Donald Trump is billed as the keynote speaker at an event in Florida for his top memecoin holders, which comes as the token hits an all-time low. US President Donald Trump’s memecoin saw a slight bump up from its all-time low after the team behind the token said its top holders will be given access …
Continue reading “Trump offers memecoin holders another gala to boost token from lows”
A fresh round of XRP speculation is building around an old question: what happens if SWIFT’s modernization push ends up intersecting with infrastructure built for blockchain-based settlement? In a post on X on March 10, DropCoin developer Bird argued that the market may be underestimating how ISO 20022, tokenization, and shared-ledger infrastructure could eventually strengthen …
Continue reading “SWIFT, ISO 20022, And XRP: Is The Market Missing A Price Catalyst?”
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
Continue reading “Solana Holds $85 As Bulls Attempt To Build A Recovery Base”
A new analysis from crypto analytics platform CoinCodex paints a grim picture for Shiba Inu (SHIB) investors who are still holding out hope for a repeat of past highs this year. According to the AI platform, SHIB is highly unlikely to approach, let alone reach its 2021 all-time high in 2026. The dog-themed meme coin …
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
Continue reading “XRP Back In The Spotlight As Mastercard Explores Ripple Technology”
A top White House official is pushing back against warnings that stablecoins will drain money from American banks — arguing the opposite is true. Related Reading Foreign Money, Domestic Gains Patrick Witt, executive director of the White House Council of Advisors for Digital Assets, posted on X this week that when foreigners convert local currencies …
Continue reading “Stablecoins Could Become A Deposit Magnet For US Banks, White House Official Says”
Donald Trump is billed as the keynote speaker at an event in Florida for his top memecoin holders, which comes as the token hits an all-time low. US President Donald Trump’s memecoin saw a slight bump up from its all-time low after the team behind the token said its top holders will be given access …
Continue reading “Trump Offers Memecoin Holders Another Gala”
