Month: May 2025

[PRESS RELEASE – Grand Cayman, Cayman Islands, May 1st, 2025] Venture has been a great capital formation model for a long time and it worked because building something useful for the masses took a lot of time, effort, and resources. Fortunately, that paradigm is shifting under our feet and...

Blockchain payment firm, Ripple Labs, has reportedly offered to acquire rival stablecoin provider Circle Internet Group for an estimated $4 billion to $5 billion. However, this initial bid was rejected by Circle as being too low. Circle Responds To Ripple’s Interest According to a Bloomberg report, Ripple remains interested...

On-chain data shows the XRP network has seen a strong jump in ‘Hot Capital’ recently. Here’s how this growth compares with Bitcoin and others. XRP Among Cryptocurrencies Observing Surge In Hot Capital In a new post on X, the on-chain analytics firm Glassnode has talked about how the Hot...

Bitget Wallet becomes the first digital wallet to integrate itself with Paydify, allowing users to make stablecoin payments at select physical and online merchants. According to the press release sent to crypto.news, the non-custodial crypto wallet has partnered with crypto…...

Tokyo-based Metaplanet is establishing a wholly owned subsidiary in Florida named Metaplanet Treasury Corp., doubling down on its bitcoin (BTC)-focused treasury strategy that has made it the largest public BTC holder in Asia. The new entity will be capitalized with up to $250 million and serve as Metaplanet’s dedicated...

A new report has revealed that 62% of crypto users now manage two or more wallets, highlighting deep fragmentation in the on-chain user experience. The report, by Reown and blockchain analytics firm Nansen, based on a YouGov survey and on-chain data analysis, paints a picture of a growing yet...

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World Liberty Financial’s stablecoin, USD1, has been used to facilitate Abu Dhabi’s AI investment firm MGX’s landmark $2 billion investment into Binance. At Token2049 on May 1, World Liberty Financial co-founder Zach Witkoff confirmed that the project’s USD-pegged stablecoin, USD1,…...

Abu Dhabi-based investment firm MGX will be tapping a US President Donald Trump-related stablecoin to settle its $2 billion investment into Binance, the world’s largest cryptocurrency exchange. The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was launched by the Trump-linked World Liberty Financial (WLFI) crypto platform in March...

Bitcoin is up 28% from its April low, showing renewed strength as it continues to trade near the $95,000 mark. Bulls are firmly in control after weeks of steady gains, but momentum is beginning to slow. Price action at current levels suggests some exhaustion, and the market is now...