Bhutan Bets on Crypto Tourism to Modernise Economy and Attract Global Travellers
Bhutan is embracing cryptocurrency as part of its national strategy to modernise its tourism infrastructure and attract a new wave of tech-savvy visitors. By integrating crypto payments into everyday transactions for tourists, the Himalayan kingdom hopes to overcome long-standing challenges in its payment systems and boost economic growth. A Digital
TON Launches UAE Golden Visa Programme with $100K Crypto Stake Requirement
The Open Network (TON), a blockchain platform originally developed by Telegram, has launched an innovative new route to secure a 10-year UAE Golden Visa. The scheme, which requires a $100,000 stake in Toncoin (TON) for three years and a one-time $35,000 processing fee, significantly reduces the traditional entry cost by
Bitcoin Stalls Below $110K Once Again, Raising Risk of Major Pullback
Bitcoin’s latest rally has once again faltered at the $110,000 mark, marking the third rejection at this level and putting bullish momentum under pressure. The cryptocurrency briefly traded at $109,100 on Thursday, but significant resistance just above continues to hinder progress. Analysts now warn that the longer BTC fails to
DeFi Development Corp Extends Rally After $2.7M Solana Purchase, Stock Soars 2,733% YTD
Solana Investment Sparks New Gains DeFi Development Corp. extended its remarkable stock rally on Thursday following the announcement of a $2.7 million Solana (SOL) purchase, further cementing its aggressive digital asset treasury strategy. The firm’s stock surged 17% during the day, closing at $23.80, and climbed another 0.8% in after-hours
Bitcoin on the Brink of Breakout as Funding Rates Flip and Short Squeeze Looms
Funding Rate Turns Negative, Sparking Bullish Expectations Bitcoin has once again captured market attention after its perpetual futures funding rate briefly dipped into negative territory in late June. This event, often seen as a precursor to major price rallies, aligns with a historical pattern where similar occurrences preceded significant price
IMF Blocks Pakistan’s Bitcoin Mining Plan Over Power Subsidy Concerns
Pakistan’s ambitious plan to utilise its surplus electricity for Bitcoin mining has stalled after the International Monetary Fund (IMF) reportedly rejected a proposal to offer subsidised power to energy-intensive sectors, including cryptocurrency operations. The move has raised concerns about potential market distortions and the country’s fragile energy infrastructure. Subsidised Power
Crypto Enthusiasts Eye Top Airdrops in Early July: Zama, MEXC, and Sahara AI Lead the Way
The crypto ecosystem is buzzing with excitement this week as three major projects, Zama, MEXC, and Sahara AI, roll out lucrative airdrop campaigns. These initiatives not only offer free tokens to early users but also showcase groundbreaking technologies ranging from encryption innovations to decentralised AI networks. With significant funding from
Coinbase Acquires Liquifi to Simplify Token Launches for Builders
Coinbase has announced the acquisition of Liquifi, a token management platform, in a strategic move aimed at streamlining and supporting the lifecycle of token launches for onchain developers. The deal marks Coinbase’s fourth acquisition this year, reinforcing its ambition to become a one-stop solution for early-stage token projects. Supporting Early-Stage
Malaysia Considers Loosening Rules for Crypto Asset Listings on Exchanges
Regulator seeks public input on new framework aiming for speed, accountability, and innovation Malaysia’s Securities Commission (SC) is proposing a major shift in how digital assets are listed on cryptocurrency exchanges, aiming to streamline the process and promote greater accountability among operators. The new framework, currently open to public consultation,
Elon Musk’s xAI Raises $10 Billion Amid Renewed Feud with Trump
Elon Musk’s artificial intelligence venture, xAI, has raised $10 billion in fresh capital to fuel its expansion, even as tensions between the billionaire and former US President Donald Trump escalate once again. The funding round places xAI in stronger competition with major players like OpenAI and Anthropic, and comes amid
