Category: crypto
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CEA nears 1% BNB goal as asset value reaches new ATH
CEA Industries has increased its BNB holdings to 480,000 tokens worth $585.5 million as BNB hits new highs above $1,300. The company aims to own 1% of the total BNB supply by 2025. Its stock rose over 20% in two days following the disclosure.
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US can begin funding the Strategic Bitcoin Reserve: Lummis
Senator Cynthia Lummis says the U.S. can start funding its Strategic Bitcoin Reserve at any time. President Trump signed an executive order in March 2025 to establish the reserve, which will be funded by seized assets and budget-neutral channels. The U.S. government is set to start funding the reserve soon.
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Ruble-backed A7A5 becomes largest non-USD stablecoin
The Russian ruble-backed stablecoin A7A5 from Kyrgyzstan has become the largest non-USD pegged stablecoin globally with a market cap nearing $500 million, surpassing EURC. Despite its success, the token faces scrutiny from Western authorities due to links to sanctioned Russian and Kyrgyz banks, prompting the EU to consider new sanctions.
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SOON to launch Infra and Perp Stacks to bring Solana-level speed to enterprises
SOON is launching new products that offer Solana-level performance in a service layer for deploying high-speed blockchains and trading platforms without building the infrastructure from scratch. The Infra Stack enables custom chains, while the Perp Stack focuses on trading infrastructure. SOON token has surged to $0.81 with potential for a pullback.
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Bitcoin ETFs see second-highest inflow day as BTC price holds above $124K
Bitcoin ETFs saw their second-highest inflow day as institutional interest in BTC rises following the cryptocurrency’s new peak. On October 6, $1.19 billion was pulled in, with BlackRock’s IBIT leading. The price of Bitcoin is holding above $124,000, signaling potential further increases if positive sentiment continues.
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Dutch crypto firm Amdax raises $35m to buy Bitcoin
Dutch crypto firm Amdax raised 30 million euros to launch Amsterdam Bitcoin Treasury Strategy. The company aims to accumulate 1% of the total Bitcoin supply, targeting 210,000 BTC. This initiative will make Amdax one of the largest corporate Bitcoin holders after MicroStrategy.
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India eyes RBI-backed digital currency in no-crypto push
India plans to introduce a digital currency backed by the Reserve Bank of India to replace unregulated cryptocurrencies. The government aims to discourage the use of private cryptocurrencies through heavy taxation and emphasizes the need for accountability and risk management. Regulatory uncertainty continues to affect the Indian crypto industry despite the lifting of the RBI’s…
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Solana price eyes $250 near-term target after brief weakness as DApp revenue hits ATH
Solana price has weakened after breaking its higher-low pattern, but remains within an ascending channel with potential upside towards $250-$255. Solana-based DApps generated over $141M in revenue in September, surpassing other blockchains. Public companies now hold 13.4M SOL, with Forward Industries leading corporate accumulation, indicating strong adoption and potential bullish momentum.
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Tokenized gold market value surpasses $3b, sets record high
Tokenized gold market value has surpassed $3.02 billion, with Tether Gold (XAUT) and PAX Gold (PAXG) leading the market. The growth is fueled by rising gold prices and increased adoption by retail and crypto investors. Blockchain technology allows for seamless trading of gold on-chain, offering liquidity and security.
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Vitalik pushes for zk anonymous voting amidst social threats
Vitalik Buterin supports the use of zk anonymous voting mechanisms to protect lawmakers from threats of violence. He advocates for anonymous decision-making to shield officials from retaliation and bias. Buterin believes that zero-knowledge proofs can enable verifiable yet anonymous voting on blockchain, enhancing privacy and security in governance.