Found 5789 news
Japan's Metaplanet aims to raise $1.44 billion to expand Bitcoin holdings and income business amid dilution risk. Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, said Tuesday it will issue 385 million new shares to expand its Bitcoin holdings and related businesses. The shares will be sold through an international offering outside Japan at 553 yen ($3.75) each, raising an estimated 212.9 billion yen ($1.44 billion), the company said. The issue price represents a 9.9% discount to Metaplanet’s Tuesday closing price of 614 yen. The payment date is set for Sept. 16, when underwriters and investors will transfer funds to the company. The delivery date follows on Sept. 17, when the new shares will be credited to investors. Read more
The Protect Progress PAC spent more than $1 million to support James Walkinshaw in a primary for the congressional seat, in a race that could narrow Republicans’ House majority. Voters in the US state of Virginia’s 11th congressional district will choose a replacement for late Representative Gerry Connolly in a special election that could be influenced by money from the cryptocurrency industry. On Tuesday, Virginia residents who haven’t voted early head to the polls to decide whether to elect Democrat James Walkinshaw or Republican Stewart Whitson to replace Connolly following his death in May while serving in the US Congress. While neither candidate appeared to have taken a strong position on digital assets or blockchain for the campaign, a cryptocurrency-backed political action committee (PAC) could still influence the outcome. Read more
US macroeconomic conditions mirror the 1990s, when Federal Reserve interest rate cuts drove a 30% stock rebound, a backdrop that could now set the stage for Bitcoin price to go higher. Key takeaways: Potential Federal Reserve rate cuts into weak US jobs data could fuel Bitcoin’s next rally. BTC holds key support and eyes $129,000 after rebounding from its wedge pattern. Read more
Ethena joins Paxos, Frax, Agora, Native Markets and Sky in the race to issue Hyperliquid’s USDH, a mandate tied to $5 billion in liquidity. Ethena Labs became the sixth bidder for Hyperliquid’s USDH stablecoin, announcing its proposal in a Tuesday blog post. The competition will decide who controls billions in liquidity and revenue on one of decentralized finance’s (DeFi) fastest-growing derivatives exchanges. The team behind USDe and USDtb is proposing a version of USDH backed entirely by USDtb, a stablecoin tied to BlackRock’s BUIDL fund and soon to be issued through Anchorage Digital Bank. If selected, Ethena has pledged to return 95% of reserve revenue to the Hyperliquid community and implement safeguards through an elected validator “guardian network.” The protocol has also promised to cover the costs of migrating Hyperliquid’s markets from USDC to USDH and committed at least $75 million in ecosystem incentives, a figure it said could rise to $150 million. Read more
A cooling phase for Bitcoin under $113,000 could be laying the groundwork for a breakout toward $120,000. Key takeaways: Bitcoin lost the $113,000 level as leverage use cooled and speculative bets, creating room for upside volatility. A breakout above would $113,650 confirm an inverse head-and-shoulders pattern, potentially driving BTC toward $120,000. Read more
The group of 12 senators stressed the need for a bipartisan solution to market structure as Republicans on the banking committee plan to pass a bill this month. A group of Democratic US senators has released its own version of guidelines to influence legislation to establish a crypto market structure, focusing on taking time toward a “strong, bipartisan outcome.” In a Tuesday notice, 12 Democratic senators, several of whom are on the banking committee, unveiled a framework for market structure legislation in response to Republicans’ plans. Like the Republicans’ latest draft released on Sept. 5, the Democrats’ framework includes provisions for regulatory clarity and laying out rules by which the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) could handle digital assets. Read more
A record-breaking US jobs revision set the stage for the Federal Reserve to cut rates, a move which could supercharge the next Bitcoin price breakout. Key takeaways: The US Labor Department revised payrolls down by 911,000 jobs, the largest cut in history, signaling deep labor market weakness. The revision strengthens expectations of a Federal Reserve rate cut even though inflation is still elevated. Read more
The era of memecoin exchange-traded funds has begun in the United States, according to Bloomberg’s Eric Balchunas. The United States’ first memecoin exchange-traded fund (ETF) is set to debut on Thursday, marking the latest step in the expansion of regulated crypto products after the successful rollout of Bitcoin and Ether funds last year. In a social media post on Tuesday, Bloomberg ETF analyst Eric Balchunas said the Rex-Osprey Doge ETF (DOJE) is set to debut Thursday. “Pretty sure this is the first-ever US ETF to hold something that has no utility or purpose,” Balchunas said. Read more
BNP Paribas and HSBC are the latest institutions to join the Canton Foundation, signaling growing institutional adoption of real-world asset tokenization. Two major global banks — BNP Paribas and HSBC — have joined the Canton Foundation, the development organization of the tokenization-focused Canton Network, underscoring continued institutional interest in real-world asset applications of blockchain technology. The foundation announced Tuesday that BNP Paribas and HSBC are now members, alongside recent entrants Goldman Sachs, Hong Kong FMI Services and Moody’s Ratings. With more than 30 members, the Canton Foundation provides governance and strategic direction for the network while advancing blockchain-based financial use cases. Canton Network is a blockchain designed for institutional finance, with a core focus on real-world asset (RWA) tokenization, regulatory compliance and interoperability. Read more
Grok 4 can help you turn crypto headlines into market moves. It filters news and analyzes sentiment to create effective trade signals. The AI crypto market is projected to expand from $3.7 billion in 2024 to $46.9 billion by 2034, highlighting the increasing reliance on AI tools like Grok 4 for trading. Launched in mid-2025, Grok 4 quickly became one of the most visited AI tools, with active users rising by 17%, a trend expected to grow as traders adopt it. Unlike basic news aggregators, Grok 4 offers real-time news analysis, sentiment evaluation and DeepSearch to filter noise and extract actionable trading insights. Read more
Top blockchains in 2025, based on active users, range from DeFi stars to gaming chains. Growth notwithstanding, these blockchains are facing stiff competition. Blockchain growth in 2025 hinges on real usage and tech upgrades, not speculation or hype. Active users, measured by wallet addresses, are the key metric. DeFi, NFT ecosystems and stablecoin adoption are driving millions of new users. Read more
The first university graduate course on Bitcoin has ended. Here’s the assigned reading, grading structure and lessons learned — from the lecturer himself. Bitcoin (BTC) has leapt from chat rooms and code repos into graduate syllabi. At the University of the Cumberlands (UC), students recently completed the eight-week course “Bitcoin: Fundamentals, Technology, and Applications.” This graduate course grappled with Rothbard’s monetary theory, Mises’ critiques and technology overviews from classic Bitcoin works. It asked not whether Bitcoin matters but how much it matters — and how it reshapes money, markets and management. The idea for the course was imagined at the end of 2024, as Bitcoin was approaching new all-time highs (ATH). UC, which has degrees featuring blockchain technology, saw an opportunity to expand its electives beyond these specialized programs. Working with the course development team, the administration approved the offering with a clear mission: to promote financial literacy and ground student...
Trump Media announced that users who earn gems by participating in Trump Media activities will be able to convert them into Cronos. Trump Media and Technology Group has updated its Truth Social platform to connect its digital rewards program with cryptocurrency. The company announced on Tuesday that Truth Social users subscribed to its Patriot Package, a paid version of its Truth+ streaming platform, will gain access to premium features like the “Truth gems,” as part of its upgraded rewards program. The gems can be earned through activities across Trump Media’s platforms and converted into Cronos (CRO), the native token of Crypto.com, using the exchange’s wallet infrastructure. Read more
South Korean fintech unicorn Toss plans to launch a finance superapp in Australia this year and issue a Korean won stablecoin once regulations allow. South Korean fintech unicorn Toss plans to launch a finance superapp in Australia this year, its first overseas expansion, while also preparing to issue a Korean won-based stablecoin once regulations allow. According to a Tuesday Reuters report, Toss CEO Lee Seung-gun said that the firm plans to launch its superapp in Australia this year and expand to other markets too. “We proved in Korea that a startup can compete head-on with entrenched players,” he told the outlet. “A similar model can work globally, especially in countries where users juggle multiple bank accounts or fintech apps. We want to bring them into one seamless experience.” The CEO said that Toss has attracted more than 30 million users in South Korea since it launched in 2015. Australia is just the first overseas push for the company, where the firm hopes to leverage a fragmented banking system an...
The true future of decentralized computing lies not in raw speed, but in abundant block space, where Web3 runs the world’s indispensable decentralized supercomputer. Opinion by: Shawn Tabrizi, engineering lead at Parity In pursuit of adoption, many Web3 builders are hyperfocused on a simple, seductive metric: transactions per second (TPS). Protocols have trumpeted numbers rivaling traditional payment rails, convinced that sheer speed is the holy grail to convert billions of users and major enterprises. While this is intuitively appealing, it is insufficient. Adoption, and its prerequisite utility, is ultimately about capacity, not speed. While TPS is undeniably important, the real arms race is not about the fastest race car but about robust, efficient, flexible and infinitely scalable mass transit systems. Financial applications often need speed, but compute-based applications require abundant, usable block space. This is the vision of Web3 as the world’s indispensable decentralized supercomputer. Read more
Can tokenized stocks from centralized issuers like Robinhood or Kraken ever be truly decentralized? Experts are divided. Crypto is supposed to be about freedom permissionless networks, immutable ownership, assets that no government or intermediary can arbitrarily revoke. At least, that was Satoshis dream a vision that has admittedly faded over time as reality butted in. Amid all the other dying idealism, along came stock tokens, shiny digital wrappers for traditional equities such as Tesla, Apple and Amazon. Suddenly, the crypto space found itself dressed up in Wall Streets regulatory straitjacket. Stock tokens, as currently structured, such as Kraken’s, Robinhood’s and in the future, Coinbase’s are about as decentralized as a Goldman Sachs board meeting. Theyre digital and tokenized, but users must pass KYC to acquire them; they can only move between whitelisted addresses, and issuers can freeze or revoke them at will. In short, they arent really crypto at all. Theyre securities in a digital costume, playing...
Can tokenized stocks from centralized issuers like Robinhood or Kraken ever be truly decentralized? Experts are divided. Crypto is supposed to be about freedom permissionless networks, immutable ownership, assets that no government or intermediary can arbitrarily revoke. At least, that was Satoshis dream a vision that has admittedly faded over time as reality butted in. Amid all the other dying idealism, along came stock tokens, shiny digital wrappers for traditional equities such as Tesla, Apple and Amazon. Suddenly, the crypto space found itself dressed up in Wall Streets regulatory straitjacket. Stock tokens, as currently structured, such as Kraken’s, Robinhood’s and in the future, Coinbase’s are about as decentralized as a Goldman Sachs board meeting. Theyre digital and tokenized, but users must pass KYC to acquire them; they can only move between whitelisted addresses, and issuers can freeze or revoke them at will. In short, they arent really crypto at all. Theyre securities in a digital costume, playing...
Spot Ether ETFs saw over $1 billion in outflows over six days as investors retreated on macro concerns and fading rate-cut optimism. Spot Ether exchange-traded funds (ETFs) recorded over $1.04 billion in net outflows across six consecutive trading days, as investors pulled back in response to growing macro uncertainty and fading confidence in rate-cut tailwinds. On Monday, Ether (ETH) ETFs saw a net outflow of $96.7 million, led by BlackRock’s ETHA, which recorded $192.7 million in withdrawals. This was partially offset by $75 million inflows into Fidelity’s FETH, $9.5 million into Grayscale’s ETHE and $11 million into its mini fund. Total trading volume reached $1.52 billion, with overall net assets falling to $27.39 billion, representing 5.28% of Ether's market cap, according to data from SoSoValue. Read more
Vietnam has adopted a five-year crypto pilot that takes effect immediately and bans the issuance of assets backed by fiat currencies or securities. Vietnam, ranked among the top countries worldwide for cryptocurrency adoption, is launching a five-year pilot program introducing strict requirements for the crypto industry. Vietnam’s Deputy Prime Minister Ho Duc Phoc signed a resolution enforcing a framework establishing rules for trading and issuance of crypto assets, the Government Electronic Newspaper of Vietnam reported on Tuesday. Taking effect immediately, the pilot requires crypto transactions — from issuance to trading and payments — to be carried out in Vietnamese dong. Read more
SOL price is 70% higher than its $125 lows reached on June 22, as onchain data and a classic pattern suggest that SOL is on track to fresh record highs. Key takeaways: Solana's total value locked rises to an all-time high above $12 billion. Solana’s memecoin daily trading volume jumped 73% over the last 24 hours. Read more5789 items