Category: crypto

Solana’s decentralized finance market has seen significant growth, reaching a value of $9.17 billion. However, this surge is fueled by a large stockpile of stablecoins, which could potentially lead to further growth and development in the DeFi sector on the Solana blockchain.

Russian authorities are proposing a new bill with harsh penalties and asset seizures for using crypto for domestic payments. The bill formalizes existing restrictions and reinforces the state’s stance that such activity is illegal. Regulators warn industry participants that crypto transactions are not completely anonymous and exchanges routinely provide user data to authorities.

Bitcoin surged to a new all-time high of $109,476 in the New York trading session, breaking its previous record. This rally is attributed to institutional investments, regulatory developments, and increased market activity. The US Senate’s GENIUS Act and President Trump’s support for digital assets have boosted market sentiment. Analysts predict Bitcoin could reach $120,000 in…

Hong Kong has passed a bill to regulate fiat-backed stablecoins, aiming to establish itself as a global digital finance hub. The new law, effective by the end of 2025, introduces a licensing regime for stablecoin issuers through the HKMA. It sets operational standards, compliance requirements, and aims to promote stablecoin adoption in the region.

Texas lawmakers passed a bill to create a state-level Bitcoin reserve using surplus General Revenue, pending Governor Greg Abbott’s approval. The reserve aims to strengthen fiscal sovereignty and position Texas as a forward-thinking region in global finance. The legislation requires transparency in Bitcoin acquisitions and storage within Texas or a recognized US jurisdiction. Governor Abbott…

The article discusses a viral meme about the difficulty of getting a job as a security guard at Vishal Mega Mart in India. The meme humorously compares the job application process to a rigorous exam, creating a new trend on social media. The article also touches on the economic pressures driving the popularity of the…

A new game called ‘100 Men vs Gorilla’ has been released, simulating a debate on whether 100 men could beat a gorilla. Players can challenge the gorilla on Steam or participate in degens vs whales on crypto exchanges. The game reflects the struggle of traders against whales in the crypto market.

Texas is moving forward with plans to establish a government-backed Bitcoin reserve after Senate Bill 21 passed in its second House reading with strong bipartisan support. The bill aims to create a Strategic Bitcoin Reserve, making Texas one of the few US states exploring direct exposure to Bitcoin at the government level. A recent amendment…

Xapo Bank offers a secure and regulated banking solution for Bitcoin holders, providing features such as daily interest, a metal debit card, and instant liquidity without selling Bitcoin. The bank charges a $1,000 annual fee, catering to high-net-worth individuals seeking to grow and protect their digital wealth.

Sovereign wealth funds and state institutions are increasingly investing in Bitcoin through MicroStrategy (MSTR) rather than spot BTC exchange-traded funds (ETFs). Regulatory filings show that MSTR holdings drove most of the sovereign Bitcoin accumulation in the past quarter. Nations like Norway, Switzerland, and South Korea are actively buying MSTR shares for Bitcoin exposure.