Category Archives: crypto

Venezuela to integrate Bitcoin and stablecoins into its banking network by December

Local banks will offer custody, transfers, and crypto-to-fiat exchange services. The bolivar’s sharp depreciation has driven a surge in stablecoin adoption. Conexus currently processes nearly 40% of Venezuela’s electronic payments. Venezuela is preparing to merge its struggling traditional banking system with digital currencies as payment giant Conexus plans to integrate Bitcoin and stablecoins into the […]

Jiuzi Holdings taps SOLV Foundation for its $1B Bitcoin investment plan

Jiuzi commits up to $1B and 10,000 BTC to SOLV’s DeFi yield platform. The partnership bridges TradFi compliance with DeFi Bitcoin finance. JZXN shares have surged over 17% following the strategic announcement. Jiuzi Holdings, Inc. (NASDAQ: JZXN) has unveiled a sweeping $1 billion Bitcoin finance initiative through a strategic partnership with SOLV Foundation, a decentralised […]

Brazil explores Bitcoin reserves as central bankers meet in Rio

Lawmakers previously proposed a $19 billion Bitcoin reserve. Countries like Germany, Pakistan, and the Philippines are reviewing similar plans. Brazil’s Drex CBDC could support future digital reserve systems. Brazil’s central bank is preparing to host one of Latin America’s most closely watched financial events next month, as global reserve managers gather in Rio de Janeiro […]

Cronos (CRO) rolls out “Smarturn” upgrade for advanced EVM features

Cronos EVM v1.5.0 has officially debuted today, October 30. The upgrade introduces new EVM opcodes, smart accounts, and enhanced interoperability. Smarturn targets a more flexible, faster, and developer-friendly blockchain. The Cronos blockchain has announced the launch of its anticipated Smarturn upgrade, welcoming a new era in its network evolution. The update brings significant improvements across […]

Crypto update: Bitcoin tumbles below $111K as Powell dashes December rate cut hopes

Bitcoin fell below $111,000 after Fed Chair Powell’s hawkish comments. Powell said a December interest rate cut is “not a foregone conclusion.” Major cryptocurrencies like Ethereum, XRP, and Solana also posted losses. Bitcoin and the wider cryptocurrency market took a sharp downturn after US Federal Reserve Chair Jerome Powell signaled that a highly anticipated December […]

Bitcoin, altcoins slip as the Fed lowers interest rates by 25 basis points

The US Fed has cut rates by 25 bps, signaling a softer monetary stance. Bitcoin price is down 3% to $111,400 as traders digest the policy move. Fed to end the quantitative tightening on December 1. The cryptocurrency market has seen renewed volatility after the US Federal Reserve announced a widely expected 25-basis-point interest rate […]

Ethereum Foundation launches institutional portal to boost enterprise adoption

“Ethereum for Institutions” helps businesses integrate with the Ether ecosystem. The new platform showcases Ethereum’s role in DeFi, L2 scaling, and RWAs. ETH eyes rebounds as whales accumulate. The Ethereum Foundation has announced a new website, Ethereum for Institutions, designed to guide businesses on how to operate on-chain. Unveiled today, October 29, the site aims […]

Australia tightens crypto rules: check out all the details

Crypto firms offering financial products must obtain an AFSL by 30 June. Bitcoin and NFTs are said to be excluded from the financial product category. The Treasury has finished consultations on new crypto legislation. Australia has tightened its regulatory framework for digital assets, introducing updated guidelines that define how crypto service providers will be classified […]

Battle for a green month: Can Bitcoin hold its gains as ‘Uptober’ comes to a close?

Bitcoin is fighting to close October in positive territory, a key historical signal. The month has been highly volatile, with a 13% correction at one point. A series of technical indicators are now pointing to a bullish short-term structure. It has been an up-and-down and often frustrating month for Bitcoin traders, a period of wild […]

Mt. Gox delays Bitcoin repayments again as creditors await full settlement

Mt. Gox extends Bitcoin repayment deadline to Oct 2026 amid ongoing administrative hurdles. Once the top Bitcoin exchange, Mt. Gox’s collapse in 2014 led to the loss of 850,000 BTC. Arkham data shows holdings now down 75% to 34,690 BTC. Mt. Gox, once the world’s largest Bitcoin exchange, has delayed repayments to its creditors until […]

Bitplanet becomes South Korea’s first listed firm to buy Bitcoin (BTC)

Bitplanet bought 93 BTC in Korea’s first regulated corporate purchase. The firm plans daily Bitcoin buys to reach a 10,000 BTC treasury. Backed by major investors, Bitplanet leads Korea’s Bitcoin adoption. Bitplanet has made history in South Korea’s financial landscape by becoming the nation’s first publicly traded company to purchase Bitcoin (BTC) through a regulated […]

Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court

Madras High Court confirms crypto can be owned and held in trust. WazirX has been barred from redistributing investors’ unaffected XRP holdings. Ruling strengthens investor rights and Web3 governance in India. In a landmark ruling that could reshape cryptocurrency in India, the Madras High Court has declared that cryptocurrencies qualify as property under Indian law. […]

XRP on the edge: from 15% slump to supply shock — is a $12 breakout next?

Recently, XRP dropped 15% as Bitcoin slipped just 1%, showing amplified volatility. XRP ETF delays and $8.13M in liquidations deepened XRP’s monthly decline. Analysts see XRP rebounding toward $5–$12 if ETF-driven supply shock hits. XRP price has become the focal point of heated debate after the token slid roughly 15% over the past month while […]

JPMorgan Chase to start accepting Bitcoin, Ethereum as loan collateral: report

JPMorgan will let clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans. The move marks a major shift from Jamie Dimon’s past crypto criticism. Other major banks are expanding crypto custody and lending services. JPMorgan Chase & Co. is reportedly preparing to let institutional clients use BTC and ETH as collateral for loans […]

Bitcoin’s institutional surge widens trillion-dollar gap with altcoins

A trillion-dollar valuation gap now separates Bitcoin from other tokens. Altcoin market capitalisation could be $800 billion higher, data shows. A US-China trade selloff erased $380 billion from crypto markets. Bitcoin’s growing dominance in institutional portfolios has created a near-trillion-dollar gap between the world’s largest cryptocurrency and its altcoin peers, according to new data shared […]