Solana Company unveiled plans for the “Pacific Backbone,” a high-speed infrastructure expansion across Asia-Pacific aimed at strengthening staking, validation, and institutional access within the Solana ecosystem. Solana Company Bets on Seoul, Tokyo, Singapore and Hong Kong The digital asset treasury (DAT) firm, Solana Company, (Nasdaq: HSDT), announced Monday that it intends to build what it […]
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Report: Trump’s Board of Peace Explores Stablecoin Idea to Address Gaza Cash Shortage
Early discussions inside President Donald Trump’s “Board of Peace” are exploring whether a U.S. dollar-pegged stablecoin could help reboot Gaza’s shattered economy through digital payments. The Financial Times (FT) first reported on the news that Trump’s U.S.-led Board of Peace — the body overseeing Gaza’s postwar reconstruction — is weighing the creation of a dollar-backed […]
Read MoreDow Drops 735 Points as Trump Tariff Shock Smashes Crypto and Stock Markets
U.S. markets slid sharply on Monday as President Donald Trump’s new 15% global tariff and intensifying artificial intelligence (AI) disruption fears rattled investors, dragging down stocks and crypto while gold and silver climbed on safe-haven demand. AI Disruption and Trade Tensions Roil Markets Wall Street opened the week in retreat. The Dow Jones Industrial Average […]
Read MoreWhale Bitcoin Deposits Hit 14-Month High as $8.2 Billion BTC Floods Binance
Bitcoin whale inflows to Binance have reached $8.24 billion over the past 30 days, the highest level in 14 months. Exchange balances are climbing, a trend often associated with rising sell pressure and market volatility. Binance Sees Surge in Large Bitcoin Transfers Bitcoin’s largest holders are moving in size, and they’re choosing Binance as their […]
Read MoreCrypto.com Moves Closer to Federal Bank Oversight With OCC Nod
On Monday, Crypto.com disclosed that it has secured conditional approval from the Office of the Comptroller of the Currency to charter a national trust bank, marking another crypto firm inching deeper into the U.S. banking system. Digital Asset Firm Crypto.com Wins Conditional OCC Approval for National Trust Bank Charter Crypto.com announced Monday it received conditional […]
Read MoreBitcoin Bulls Trapped: $238 Million in Longs Vaporized as BTC Hits $64,161
Bitcoin wiped out its weekend gains, plummeting from a high of $68,600 to a low of $64,161. The reversal was fueled by macroeconomic instability following U.S. President Trump’s announcement of a 15% blanket tariff on imports. The Sunday Slump Bitcoin’s weekend rally hit a brick wall Monday, Feb. 23, as the top cryptocurrency completely pared […]
Read MoreBeyond Bitcoin: Arizona Bill Includes XRP and Digibyte in New Strategic Fund Proposal
The Arizona State Legislature has advanced a bill to create a digital assets strategic reserve fund, which would hold seized or surrendered cryptocurrencies such as bitcoin and XRP. Management and Investment Oversight The Arizona State Legislature recently advanced a bill to establish a Digital Assets Strategic Reserve (DASR) fund, notably naming XRP and BTC among […]
Read MoreWorld Liberty Financial Claims Coordinated Attack on USD1 as Stablecoin Briefly Slips From $1 Peg
World Liberty Financial said its USD1 stablecoin was targeted in a coordinated attack that included hacked cofounder accounts, paid influencer campaigns, and aggressive short positions — but insisted the effort failed. USD1 Drops to $0.994 Before Recovering Amid Alleged Short Attack World Liberty Financial (WLFI), a crypto protocol tied to members of the Trump family, […]
Read MoreDigital Asset Treasury Firm Bitmine Adds 51,162 ETH Amid Market Pullback
Bitmine Immersion Technologies says it now holds 4.423 million ethereum, pushing total crypto and cash reserves to $9.6 billion as it doubles down on its bid to control 5% of the ETH supply. BMNR Ranks Among Most Traded U.S. Stocks With $0.7B Daily Volume Bitmine Immersion Technologies (NYSE American: BMNR) disclosed that its total crypto, […]
Read MoreBitcoin ETFs Bleed $316 Million in 5th Straight Weekly Outflow
Bitcoin exchange-traded funds (ETFs) posted $316 million in weekly outflows, extending a five-week slide. Ether funds also remained under pressure, while solana and XRP ETFs managed modest net inflows. Crypto ETF Weekly Recap: Bitcoin, Ether Extend Losing Streak The week told a familiar story. Capital continued to leave bitcoin and ether exchange-traded funds (ETFs), while […]
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