Author: Kryptonews
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Strive Asset Management has announced an initiative to build a 75,000 Bitcoin (BTC) treasury by buying claims from the bankrupt crypto exchange Mt. Gox. These claims, valued at about $8 billion at current market prices, have been legally approved but have yet to be distributed. Mt. Gox’s Bankruptcy Claims In a May 20 filing with the U.S. Securities and Exchange Commission (SEC), Strive announced it has entered a partnership with 117 Castell Advisory Group LLC. The deal is focused on identifying and evaluating distressed BTC claims, including those from the Mt. Gox estate. The company said its strategy aims to…
Community & educationBeerFi Prague MeetupsTechnical meetups focused on builders and contract development, hosted in Prague, Czech Republic.Community & educationBlockchain Course with UNAHCryptoversidadComprehensive program on cryptocurrency and blockchain with a focus on the Ethereum ecosystem, delivered in collaboration with the Universidad Nacional Autónoma de Honduras (UNAH).Community & educationCode Africa HackathonHackathon in Nairobi, Kenya that encouraged participants to build projects that could lead to positive real-world impact and explore themes such as zero knowledge (ZK), account abstraction, and privacy.Community & educationDigital Democracy DayBlockSplitEvent organized in Split, Croatia that delved into the future of collaborative technology and plural democracy, with an emphasis on…
Cryptocurrency News: Key Trends and Market Shifts Bitcoin Inches Back Above $26,000 Amid Volatile Trading After a recent dip, Bitcoin briefly reclaimed the $26,000 mark, showcasing the asset’s resilience amid broader market uncertainty. Despite regulatory pressures and economic headwinds, investor demand remains strong, with some analysts predicting further upside. The leading cryptocurrency’s price movements continue to dictate sentiment across the broader digital asset space. Ethereum Merge Anniversary: Efficient, But Challenges Persist One year after Ethereum’s historic shift to proof-of-stake (PoS), the network has reduced its energy consumption by over 99%—a major environmental win. However, scalability and high transaction fees linger…
Key Takeaways Volatility Shares is launching the first XRP futures ETF on May 21, 2025 on The Nasdaq Stock Market. The ETF will invest at least 80% of its assets in XRP-linked instruments like futures contracts. Share this article Volatility Shares is set to launch the first-ever XRP futures ETF in the US tomorrow, according to a post-effective amendment filed with the SEC on May 21. The launch was confirmed by Bloomberg ETF analyst Eric Balchunas.The fund, structured as part of the Volatility Shares Trust, will trade on Nasdaq under the ticker XRPI.In addition to this product, Volatility Shares is…
The Texas House of Representatives has passed the third reading of SB 21, a bill that seeks to establish a strategic Bitcoin reserve in the state. The bill passed in a 101-42 vote and will now go to Texas Governor Greg Abbott to either sign into law or veto.SB 21, authored by state Senator Charles Schwertner, establishes a Bitcoin (BTC) reserve that is managed by the state’s comptroller. The legislation allows the comptroller to invest in any cryptocurrency with a market cap above $500 billion over the previous 12-month period. Currently, the only cryptocurrency fitting the requirement is Bitcoin.Texas State…
Key Takeaways: Binance Pay now supports instant crypto-to-fiat payments through Brazil’s national Pix system. Over 174 million Brazilians can use crypto for everyday transactions across Pix’s vast network. The integration strengthens crypto adoption in Brazil, the world’s sixth-largest crypto market. Binance has integrated its payment service, Binance Pay, with Brazil’s Pix system, enabling real-time crypto-to-fiat payments for millions of users across Latin America’s largest economy.The new feature allows Binance users in Brazil to instantly convert digital assets into Brazilian reais and make payments to any Pix-compatible bank account or merchant, the exchange said in a May 20 press release.With support…
Key points:Bitcoin made a new all-time high, but the bulls will have to sustain the higher levels for the momentum to pick up.Several altcoins have bounced off their respective support levels, signaling a positive sentiment.Analysts expect Bitcoin to maintain its positive momentum and surge above $200,000 by the end of the year.Bitcoin (BTC) rose to a new all-time high on May 21 on easing macroeconomic fears and continued inflows into the US-based spot Bitcoin exchange-traded funds. Analysts expect the momentum to continue and Bitcoin to surge to $200,000 by the end of the year.There are some murmurs among analysts about…
The Power of Industry-Specific Headlines Crafting headlines that resonate with your target audience is crucial for capturing attention, boosting engagement, and driving conversions. When your headlines speak directly to the unique pain points, challenges, and expertise within a particular industry, they become far more effective than generic, broad statements. Why Industry-Specific Headlines Matter Generic headlines often fall flat because they lack the precision and familiarity that industry insiders crave. Readers quickly scan for relevance, and if a headline doesn’t immediately show it understands their niche, it risks being overlooked. Industry-specific headlines, however, signal credibility and expertise by using industry-specific language,…
Key Takeaways:Abu Dhabi Global Market (ADGM) gives Bitcoin Suisse’s Middle East branch “in-principle” approval.This is a key part of Bitcoin Suisse’s plan to offer regulated crypto services around the world.The company already has more than $6 billion in assets and wants to get in on the expanding crypto market in the area.After reaching a significant regulatory milestone, Bitcoin Suisse, a Swiss firm that was among the first to provide crypto banking, is now growing into the Middle East. BTCS (Middle East) Ltd., a subsidiary of Abu Dhabi Global Market (ADGM), has received In-Principle Approval (IPA) from the Financial Services Regulatory…
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