Tag: Crypto

Sumitomo Mitsui Financial Group (SMBC), one of Japan’s largest banking groups, is the latest financial giant to delve into stablecoins as the market for the $230 billion asset class is soaring with regulations being laid down globally. The banking group signed an agreement with Avalanche blockchain development firm Ava...

BitMEX co-founder Arthur Hayes has predicted that Bitcoin (CRYPTO: BTC) could reach $250,000 by the end of 2025. He cites the Federal Reserve’s pivot toward purchasing more US Treasury bonds and a broader return to fiscal dominance as primary catalysts for a new Bitcoin bull cycle. What Happened: In...

A coalition of six prominent trade associations in the UK has urged the government to prioritise policies concerning crypto and blockchain technology in order to stay relevant in the rapidly growing global digital economy. On 31 March 2025, the UK Cryptoasset Business Council, techUK, Global Digital Finance, The Payments...

The BlackRock Panama Canal purchase, a $22.8 billion deal for 43 global ports, including two at the Panama Canal, has thrust Hong Kong’s CK Hutchison into a fierce US-China standoff. The sale to a BlackRock-led group is stirring geopolitical unease, pulling economic control, security, and trade into the spotlight....

The provider of digital asset mining services is growing its portfolio of self-operated mining machines and data centers as high crypto prices fuel strong revenue and earnings gains Key Takeaways: BitFuFu’s revenue grew 63% in 2024, as its annual net profit surged more than fivefold The provider of digital...

Avalanche price has dropped to a crucial support level and created an early bullish signal, pointing to a potential rebound. Avalanche (AVAX) has crashed to the important support level at $20, down by over 65% from its highest level in…...

Stablecoin protocol Usual has partnered with blockchain security firm Sherlock to launch a $16 million bug bounty, surpassing Uniswap’s $15.5 million bounty, which was previously the largest in the industry. Usual has partnered with Sherlock to launch a $16 million…...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2547.72, down 1.0% (-26.77) since 4 p.m. ET on Wednesday. Two of the 20 assets are trading higher. Leaders: SUI (+1.0%) and ADA...

The Trump administration’s formation of a U.S. Strategic Bitcoin Reserve might have China re-thinking its hardline stance against crypto and that could be key for accelerated global adoption of BTC, asset manager Grayscale said in a research report Monday. “The most important country to watch in this regard is...

Bhutan’s crypto strategy highlights the increasing integration of digital assets into national reserves, amid global economic uncertainties. The post Bhutan government moves $32M Bitcoin on Trump’s ‘Liberation Day’ appeared first on Crypto Briefing....