Author: Kryptonews
Bitcoin (BTC) broke $94,640, recording a 4% daily growth with the trading volume rising to $46 billion. This major price advancement for Bitcoin comes after significant institutional events, including Strike & Twenty One ringing the opening bell on the New York Stock Exchange, along with PNC Bank becoming the first major institution in the U.S. to offer private customers direct spot Bitcoin trading services via the Coinbase infrastructure. As market sentiment continues to strengthen, Ark Invest CEO Cathie Wood says that the macro lows are well behind the current market. However, seasoned traders are also looking for higher upside elsewhere,…
It has been a long and arduous journey for Ripple. After emerging from a multiyear battle with the US Securities and Exchange Commission, the blockchain-based payments and infrastructure company is pressing ahead with broad ambitions to unify custody, treasury and prime-brokerage services, each underpinned by blockchain technology and stablecoins.Despite the bruising legal fight and the reputational damage that came with it, Ripple has still managed to win over some of Wall Street’s biggest players.This week’s Crypto Biz looks at how Ripple secured a striking $40 billion valuation, and why some of its backers are quietly placing bets on an XRP…
Interactive Brokers will now allow retail investors to fund individual brokerage accounts with stablecoins, a step aimed at keeping pace with the increasingly competitive retail trading market, Bloomberg reported Friday.The Greenwich, Connecticut-based brokerage firm competes with rivals including Robinhood Markets Inc. and Charles Schwab Corp. and earlier this year expanded its cryptocurrency trading capabilities alongside its offerings of stocks, options and futures.The development highlights how traditional brokerages are increasingly incorporating crypto-linked features to hold on to retail clients as digital assets gain a firmer foothold in mainstream finance. Allowing stablecoins to be used for account funding places Interactive Brokers among…
Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down.Tether said on Friday that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus that it has held for over 100 years.If Exor agrees, then Tether will make a “public offer for the remaining shares at the same price.” Juventus is a public company with a market capitalization of 944.49 million euros ($1.1 billion), having closed trading on Friday up…
The cryptocurrency market has enjoyed a 2% lift in the past 24 hours, as investors overcome some uncertainty to buy tokens at a discount.This week’s rate cut from the Federal Reserve has improved sentiment to some degree, with Bitcoin (2%), Ethereum (1.5%), XRP (1.7%), and Solana (5.5%) all up today.It appears as though the conditions for an end-of-year rally are falling into place, as coins regain some momentum after a long period of overselling.And it’s in this context that we’ve picked new ERC-20 token PEPENODE ($PEPENODE) as the next meme coin to turn $100 into $10,000, with its launch fast…
The HeadlinesCALLING TIME. The director of Tate in London, Maria Balshaw, will step down in spring 2026 after nearly a decade in the role, the institution said in a press release. Balshaw, who joined in 2017 after leading Manchester Art Gallery and the Whitworth, succeeded Nicholas Serota following his 29-year tenure. She called her time at Tate a privilege and said the institution is well positioned for new leadership. During her directorship, Balshaw oversaw major exhibitions including “Van Gogh and Britain,” “Yoko Ono,” and “Sargent and Fashion.” Her final project will be a large-scale Tracey Emin survey at Tate Modern next year.…
Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators.Hash price, which measures expected miner profitability per unit of computing power used to successfully add a block, is about $39.4 per petahash second per day (PH/s/day) at the time of this writing, according to mining data provider Hashrate Index. Sangha Renewables, a Bitcoin (BTC) miner and renewable energy company, energized a 20 megawatt (MW) solar-powered mining facility in Ector County, Texas, on Thursday, according to TheMinerMag.…
Key Highlights Tether’s CEO, Paolo Ardoin,o revealed that his company has officially submitted a proposal to acquire Juventus Football Club The company submitted its proposal to Exor to buy its entire stake in Juventus. The deal includes Tether’s plan to acquire 65.4% of the club’s share with regulatory approval before the final agreements According to the latest post, Tether, the company behind the popular stablecoin issuer, USDT, revealed that it has officially submitted a proposal to acquire Juventus Football Club. Oggi Tether ha inviato una proposta ufficiale ad Exor per comprare la loro intera quota di Juventus. Sin dall’inizio il…
After a 13-page letter from investment powerhouse Citadel Securities advised the U.S. Securities and Exchange Commission that decentralized finance (DeFi) protocols handling tokenized securities demand a closer regulatory grip, the industry answered back with its own correspondence on Friday, calling the arguments “baseless.””While we share Citadel’s aims with respect to investor protections, orderly markets, and the integrity of the national market system, we disagree that achieving these goals always necessitates registration as traditional SEC intermediaries and cannot, in certain circumstances, be met through thoughtfully designed onchain markets,” according to the new letter to the SEC, signed by the DeFi Education…
Rebeca Moen Dec 10, 2025 16:30 The Avalanche Foundation establishes a DLT Foundation in Abu Dhabi Global Market to strengthen Web3 growth and partnerships across the MENA region, leveraging ADGM’s advanced regulatory framework. The Avalanche Foundation has announced the establishment of a Distributed Ledger Technology (DLT) Foundation within the Abu Dhabi Global Market (ADGM), marking a significant step in its strategy to expand Web3 adoption and enterprise collaboration in the Middle East and North Africa (MENA) region, according to avax.network. Strategic Importance of ADGM ADGM is recognized as one of the most advanced…
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