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Sberbank, Russia’s largest bank, has launched a blockchain technology-powered token that tracks global cocoa prices. The bank’s coin is a so-called digital financial asset (DFA). Sberbank said its token price was “tied to the international price of cocoa” through “a cash-settled futures contract” on the Moscow Exchange. Sberbank Launches Blockchain-powered Commodities Token The Russian media…
US President Donald Trump caused a major stir in the crypto markets in early March when he announced on X that the US would establish a crypto reserve that would include XRP (XRP), Bitcoin (BTC) and other major altcoins. DJT on Truth Social – wow he’s confirming XRP will be included in the Strategic Reserve….
Gold Miners ETF (GDX) shows incomplete bullish sequence from 30 December 2024 low favoring more upside. Up from 30 December, wave (1) ended at 43 and pullback in wave (2) ended at 38.58. Wave (3) higher is in progress with internal subdivision as a 5 waves impulse Elliott Wave structure. Up from wave (2), wave 1…
Raiffeisen Bank International (RBI), through its venture capital arm Elevator Ventures, invested millions of euros in Blockpit, an Austrian startup specializing in crypto asset taxation. Blockpit, headquartered in Linz and led by CEO Florian Wimmer, recently announced it had achieved profitability in 2024, making it an attractive target for investors seeking to capitalize on the…
The South Korean crypto exchange Bithumb has overcome a key legal hurdle as it steps up its efforts to become the first platform in the nation to launch an IPO. Per a report from the South Korean media outlet Business Post, the Supreme Court has ruled against the prosecution in a long-running fraud case involving…
Things are not looking good for the Solana (SOL) price right now, in wake of a weak debut of a new Solana futures product on the CME and as SOL continues to trend lower. Last around $124, the Solana price remains in a clear downtrend from the record highs it hit in January near $300,…
Key Takeaways: The U.S. Treasury’s stance favours strict oversight rather than embracing blockchain’s built-in transparency, risking innovation before it can fully develop. While the government targets Tornado Cash to stop criminals like the Lazarus Group, critics argue that traditional banks are still widely used for money laundering. If working on open-source projects could lead to…
Key Takeaways: New funds boost Crossmint’s expansion into seamless blockchain-powered digital transactions. The platform integrates token and wallet tools without requiring blockchain experts. Leading brands adopt the solution to simplify secure digital finance. Efforts extend to AI-driven methods for routine digital transactions. Crossmint secured $23.6 million in a funding round led by Ribbit Capital, announced…
Strategy announced plans to issue 5,000,000 shares of its Series A Perpetual Strife Preferred Stock to expand its Bitcoin holdings under prevailing market conditions. The public offering, registered under the Securities Act of 1933, follows the company’s broader strategy of leveraging equity markets to bolster its Bitcoin reserves. Strategy intends to use the net proceeds…
Crypto predictions are often plain wrong, ridiculous, or both. So many bulls were boldly asserting that Bitcoin would hit $300,000 in 2025. That’s not looking very likely now, is it? But there’s one website that’s proven to have a bit of an edge when gazing into the future: Polymarket. The crypto-powered betting platform had accurately…