Category: crypto

China Renaissance bank is reportedly planning to raise $600 million to establish a Binance coin crypto treasury, with potential financial backing from YZi Labs. This move has caused a positive response from traders, leading to a brief surge in BNB price. If successful, China Renaissance could become the largest BNB treasury in the world.

Strategy Inc. has purchased an additional 220 Bitcoin for $27.2 million, increasing its holdings to 640,250 BTC worth $73 billion. This makes Strategy the largest corporate holder of Bitcoin. The firm funded the purchase through stock offering programs, while Bitcoin maintains strong price action around the $115,000 support level. Corporate adoption of Bitcoin is growing…

Ripple and Immunefi have launched a $200,000 “Attackathon” to test and secure the upcoming XRPL Lending Protocol. The goal is to identify vulnerabilities in the protocol before it goes live, with rewards for experts who find critical issues. The protocol is a key part of XRP Ledger’s expanding DeFi roadmap.

Hyperliquid is launching its HIP-3 upgrade on Monday, enabling permissionless perpetual market creation on its decentralized derivatives platform. Builders can deploy perpetual futures markets on HyperCore by staking 500,000 HYPE tokens. The upgrade follows a recent market-wide liquidation event, with $10 billion cleared on Hyperliquid alone. HYPE price has rebounded to $42.

BitMine now holds 2.5% of all Ether, totaling 3.03 million ETH. With major investors and $104 million in cash, the company aims to reach a 5% target. Chairman Thomas Lee cites market opportunities for strategic acquisitions. BitMine’s stock trades $3.5 billion daily, making it a significant player in the market.

Kenya has passed the Virtual Asset Service Providers Bill, 2025, creating its first crypto licensing framework. The law mandates licenses for all crypto service providers and oversight by the Central Bank of Kenya and Capital Markets Authority. The legislation aims to protect consumers and promote innovation in the growing crypto sector.

Dogecoin’s corporate arm, House of Doge, is merging with Nasdaq-listed Brag House through a reverse takeover. The merger, expected to close in early 2026, will create a publicly traded multi-revenue digital asset platform led by House of Doge CEO Marco Margiotta. The new entity aims to build a regulated financial platform beyond its meme-based origins.

Bitfinex analysts predict Bitcoin could reach $117K-$120K, but recovery depends on new capital in the market. A 2.5x imbalance between sellers and buyers caused a major crash, erasing $1 trillion from the crypto market. Bitcoin needs fresh capital inflows to recover fully, with spot demand and macro conditions playing a crucial role.

Project 0 is introducing a new unified margin system with Kamino, allowing traders to manage collateral across platforms in a single account. This eliminates the need for separate overcollateralized accounts on different platforms. Initially available to the top 5,000 users, a full rollout is expected soon.

Blue-chip altcoins like Ethereum, Solana, and XRP led the market recovery after a major liquidation event. Ethereum bounced back to $4,000, Solana attracted fresh capital, and XRP reclaimed key levels. Experts discussed why these altcoins were leading the recovery, highlighting factors like fundamentals and institutional capital inflows.