Cardano Foundation Diversifies Treasury with $100M Bitcoin Stake
The Cardano Foundation has released its 2024 Financial Insights Report, revealing a total asset base of $659.1 million as of December 31, 2024. The report, published on-chain on July 10, outlines a notable shift in treasury strategy, with 14.9% of the foundation’s holdings now in Bitcoin, amounting to nearly $100
AIXA Miner Launches 5-Day Eco-Friendly Cloud Mining Plan
AIXA Miner, a fast-growing global cloud mining platform, has announced the launch of its new 5-day crypto mining contract, aiming to offer users an accessible, flexible, and eco-friendly route to earn digital assets. Powered by 100% renewable energy and artificial intelligence (AI)-driven optimisation, the platform is rapidly gaining traction among
Ripple Partners with BNY Mellon to Back RLUSD Stablecoin
Ripple has selected financial giant BNY Mellon as the primary custodian for its dollar-backed stablecoin, RLUSD. The partnership marks a significant step in Ripple’s mission to merge traditional finance (TradFi) with blockchain-based digital assets. BNY Mellon, with over $43 trillion in assets under custody, is among the largest and oldest
Chainalysis Powers Greece’s First Crypto Seizure After Bybit Hack
Greece has executed its first-ever cryptocurrency seizure following a trail left by the infamous North Korean cybercriminal syndicate, Lazarus Group. The milestone operation comes months after Lazarus orchestrated a $1.5 billion hack of crypto exchange Bybit, one of the largest digital asset thefts in history. Announced on July 9, the
UAE Leads Middle East Crypto Boom with $34B Inflows
The Middle East is no longer just a rising crypto market, led by the United Arab Emirates (UAE), which has firmly positioned itself at the centre of the digital asset revolution. According to a recent report by blockchain firm Mining Grid, the UAE recorded $34 billion (AED 124B) in crypto
SEC Reviews Trump’s Truth Social Bitcoin-Ether ETF Proposal
The US Securities and Exchange Commission (SEC) has officially acknowledged an application for a dual cryptocurrency exchange-traded fund (ETF) filed by Trump Media’s Truth Social, marking the beginning of a formal review process. This proposed ETF aims to offer exposure to both Bitcoin and Ethereum, with an allocation split of
European Firms Boost Bitcoin Holdings Amid Treasury Boom
France’s The Blockchain Group and the UK-based Smarter Web Company have significantly boosted their Bitcoin holdings, joining the growing wave of corporate adoption. In announcements made on Monday, both companies disclosed multimillion-dollar purchases, underscoring increasing confidence in Bitcoin as a strategic asset in 2025. The Blockchain Group acquired 116 BTC
CoreWeave to Acquire Core Scientific in $9B All-Stock Deal
CoreWeave, a Nasdaq-listed AI and cloud computing firm, has announced its acquisition of Core Scientific, a leading Bitcoin mining data centre operator, in a landmark $9 billion all-stock deal. Revealed via a press release on July 7, 2025, the transaction marks a major step in the integration of AI infrastructure
XRP Faces Fresh Correction Risk as Bearish Signal Reappears
XRP may be heading for another significant correction as a familiar technical signal, the overbought daily Stochastic RSI, flashes once again. The last few times this indicator hit such levels in 2025, XRP saw sharp pullbacks ranging from 12% to 45%, with an average decline of around 25%. As of
Robinhood’s Tokenized Stock Push Threatens NYSE’s Core Business
Robinhood is making bold moves to bring stock trading into the crypto era and Wall Street is watching closely. The retail trading giant has revealed plans to launch its own blockchain, aiming to tokenize traditional stocks and offer around-the-clock trading. This innovation could pull liquidity away from established exchanges like
