Kenya’s crypto startups fear a Binance-linked lobby group could tilt new regulations in the exchange’s favor under the proposed VASP bill. News COINTELEGRAPH IN YOUR SOCIAL FEED Some crypto startups are raising concerns over Kenya’s proposed virtual asset service providers (VASP) Bill, warning it could hand outsized influence to a Binance-linked lobby group, potentially undermining…
Metaplanet has again beefed up its Bitcoin holdings. According to the Tokyo-listed investment firm, it bought 1,111 BTC on Monday for about $118.2 million. The average price paid was roughly $106,408 per coin. Bitcoin has fallen more than 5% over the last week, trading just above $101,000. Performance Metrics Climb Higher Metaplanet’s own numbers show…
Former Coral Capital executives aim to raise $100 million to acquire BNB tokens through a Nasdaq-listed company. BNB’s price could surge amid the fresh institutional interest, with this set to mirror the Bitcoin treasury trend. The token’s value could spike to above $700 amid bullish sentiment, though primary support is around $550. BNB is slightly…
XRP Ledger TVL dropped 12.5% to US$54.2 million. Open interest fell 36%, funding rates turned negative. Death cross and descending triangle indicate more downside. XRP is facing renewed downside pressure as a combination of geopolitical instability, regulatory uncertainty, and weakening network metrics push the token closer to a critical breakdown. The cryptocurrency, once buoyed by…
Bitcoin Magazine ECD Automotive Design Secures $500M Facility to Acquire Bitcoin ECD Automotive Design, Inc. (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company, has announced today the signing of a $500 million equity facility to accumulate Bitcoin as a primary reserve asset and fund corporate growth and expansion initiatives. JUST IN: ECD…
BNB saw a modest gain of 2% in the past 24 hours, pushing past $627 before settling with firm support at $616.55. The move comes as the BNB Chain, the blockchain tied to BNB, saw its daily transactions nearly double to 17.6 million since mid-May, according to data from DeFiLlama. Crypto markets have been jittery…
Midnight Network, a privacy-focused blockchain leveraging zero-knowledge smart contracts, published its tokenomics paper and unveiled its ‘Glacier Drop’ airdrop mechanism in advance of claims for the native NIGHT token starting next month. The project said Glacier Drop is a novel process that allocates all NIGHT tokens to users across eight major blockchain ecosystems and rolls…
APORK combines the viral appeal of meme culture with innovative blockchain technology. It creates an ecosystem where users earn rewards through community participation, skill-based gaming, and strategic token holding. $APORK uses a “conquer-to-earn” system, rewarding active community members with extra tokens via staking and social engagement. What is APORK? Move over, old dog coins –…
Bitcoin Magazine Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise Anthony Pompliano announced a $1 billion merger creating ProCap Financial through a Special Purpose Acquisition Company (SPAC) transaction with Columbus Circle Capital Corp. (CCCM). The deal represents the largest initial fundraise in history for a public Bitcoin treasury company, raising $516.5…
Bitcoin Magazine Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Strategy Today, Green Minerals AS, a mineral miner in Norway, has announced the adoption of a Bitcoin Treasury Strategy, marking a shift in its financial approach to protect against inflation and geopolitical uncertainty. The deep sea mining company aims to diversify its treasury by integrating…
