Blockchain tech firm BTCS has acquired 3,450 ether for $8.42 million, lifting its total ETH holdings to 12,500. The move reflects a broader strategy to scale infrastructure and staking operations. BTCS Adds 3,450 Ethereum in Strategic Expansion BTCS Inc. (Nasdaq: BTCS) has announced the purchase of 3,450 ETH for $8.42 million, marking a 38% increase
JPMorgan Chase, the biggest bank in the U.S., is now allowing its clients to buy bitcoin — a big change of heart for an institution whose CEO, Jamie Dimon, has been a long-time critic of the scarce digital asset. Dimon made the announcement on the bank’s investor day, which came as a shift in JPMorgan’s
Kraken has announced the launch of Europe’s largest regulated crypto derivatives offering, enhancing its market-leading position in the region. Eligible clients and partners in the European Economic Area (EEA) can now access a comprehensive suite of liquid futures instruments, including both perpetual and fixed maturity contracts, all compliant with the Markets in Financial Instruments Directive
Crypto investment firm Theta Capital Management has successfully closed a raise of over $175 million for its fund-of-funds, Theta Blockchain Ventures IV, which aims to support institutional investors in early-stage blockchain startups, according to a report by Bloomberg. The fund will specifically target venture capitalists specializing in cryptocurrency, according to Ruud Smets, the company’s managing
Crypto analyst Atlas has labeled Pi Network as 2025’s biggest rug pull after a 12 million-token dump crashed Pi’s price by 50%. The anonymous sell-off occurred days after Pi surged to $1.60 on speculation, sparking allegations of insider manipulation. Speculation Fueled Pi Network’s Recent Rally An onchain analyst and critic known as Atlas on X
The web3 gaming space, once hailed as the future of interactive entertainment, is facing a wave of shutdowns. In an X post, web3 game content creator and Ronin Network ambassador Tr3vor (@tr3vorx) highlighted several web3 games that announced their closure this year. He listed 15 games—including titles like Nyan Heroes, Mystery Society, and Blade of
Russia is preparing a bill that would specify the requirements and procedures for the confiscation of digital assets, taking into account the specific circumstances surrounding these actions. The Russian Ministry of Justice emphasized that anonymity and the lack of centralized control over these assets have hampered these efforts. Russia to Introduce Bill Specifying Procedures to
The Bangko Sentral ng Pilipinas (BSP) has permanently barred four Manila City-based entities and their respective proprietors from registering or securing licenses to operate under its supervision. The Monetary Board, the Central Bank’s policymaking body, found that the businesses had operated as money service businesses (MSBs) without prior BSP registration, citing Section 901-N of the
India’s Supreme Court has intensified pressure on the government to regulate crypto, slamming bitcoin trading as hawala-like and warning of its unchecked impact on the economy. Supreme Court Urges Central Policy With Crypto Labeled as Hawala-Like Activity The Supreme Court of India urged the central government to establish a clear policy on cryptocurrency regulation, citing
The price of bitcoin is hanging around the $106,831 range as it reached an intraday high of $107,340 per coin. Bitcoin’s Six-Figure Streak Hits Day 13—Record in Sight At 8 p.m. Eastern time, bitcoin (BTC) is coasting along just below the $107,000 range, up 1.5% against the U.S. dollar. Presently, BTC’s market cap is around