Crypto News

Arizona launches its first Bitcoin and Digital Asset Reserve Fund

8 minutes ago 1 min read

Arizona has taken a significant step into the world of digital assets by launching its first Bitcoin and Digital Asset Reserve Fund, following the enactment of House Bill 2749. This innovative legislation allows the state to manage unclaimed digital assets, such as abandoned cryptocurrencies, airdrops, and staking rewards, rather than investing public funds directly into the volatile crypto market. Governor Katie Hobbs signed HB 2749 into law on May 7,

US Banks can now hold crypto for customers

11 minutes ago 1 min read

US Banks can now hold crypto for customers On May 7, 2025, the Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1184, which clarifies that national banks and federal savings associations are permitted to offer crypto-asset custody and execution services. his means these financial institutions can facilitate the buying and selling of crypto-assets held in custody at the direction of their customers. Additionally, they are allowed to

Colb Asset SA Raises $7.3 Million in Oversubscribed Round to Bring Pre-IPO Giants to the Blockchain

19 minutes ago 2 mins read

Colb Asset SA, a Swiss pioneer at the forefront of real-world asset (RWA) tokenization, has closed an oversubscribed CHF 6 million (~$7.3 million) seed extension round. The investment comes from a private investor overseeing over $20 billion in assets under management (AuM), marking a significant endorsement of Colb’s mission to reshape global capital markets.  This strategic investment will accelerate Colb’s expansion, enabling the tokenization of highly sought-after pre- IPO equity,

Coinbase buys Deribit for $2.9 billion

15 hours ago 1 min read

Coinbase acquires Deribit for $2.9 billion Coinbase has announced its intention to acquire Deribit, the leading crypto options exchange, in a significant deal valued at $2.9 billion. This acquisition will involve $700 million in cash along with 11 million shares of Coinbase stock. By acquiring Deribit, Coinbase aims to solidify its position as a frontrunner in the crypto derivatives market, which includes a wide range of trading options such as

DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital to Launch Dogecoin App Layer

May 8, 2025 3 mins read

DogeOS, the App Layer for the Dogecoin ecosystem, today announced the successful closing of a $6.9 million funding round led by Polychain Capital. This capital infusion will fuel the expansion of DogeOS, an application layer built on Dogecoin, designed to empower developers to build a wide range of consumer apps—from gaming to artificial intelligence—while strengthening the Doge network state and advancing Dogecoin as the people’s currency. Doge is the original

The U.S. Treasury must deliver a key report today

May 6, 2025 1 min read

On May 5, the U.S. Treasury is set to deliver a pivotal report regarding the establishment and management of a national Strategic Bitcoin Reserve, a directive stemming from President Trump‘s executive order issued on March 6, 2025. This report, prepared by Treasury Secretary Scott Bessent, will outline how the reserve will be funded and managed using Bitcoin assets that have been seized through legal processes. The executive order specifies that

President Trump says crypto survives the crash better than stocks

May 5, 2025 2 mins read

Former President Donald Trump has reiterated his strong support for crypto, emphasizing its resilience during market downturns and its growing acceptance. In a recent interview with NBC News’ Meet the Press, Trump highlighted the importance of the U.S. leading in digital asset innovation to avoid falling behind countries like China. He expressed his belief that crypto is crucial for the future, stating, “I want crypto,” and noted that it has

0G Labs Releases V3 Testnet With Major Performance Enhancements

May 4, 2025 2 mins read

0G Labs, the Layer 1 blockchain for AI, has launched V3 of its testnet. The new Galileo testnet introduces a host of improvements over its predecessor, including a 70% boost in network speed. The V3 testnet moves 0G closer to its mainnet launch, which will form a decentralized AI operating system for an array of data-intensive applications. Galileo gives dapp developers a clear idea of the sort of scalability and

BNB Chain Launches MCP to Accelerate Onboarding for AI Agents

May 4, 2025 2 mins read

BNB Chain, the community-driven blockchain ecosystem has unveiled its Model Context Protocol (MCP), an open protocol standardizing secure, two-way communication between AI applications and external systems that provide data or tools, for developers this week, marking a major step forward in enabling plug-and-play AI agent integration within the Web3 space. As part of BNB Chain’s broader “AI First” strategy, MCP empowers builders to build intelligent, context-aware applications by bridging blockchain data and

Top Analysts Say This Is the Best Crypto to Buy While the Bitcoin Price Remains Flat

May 2, 2025 4 mins read

As the Bitcoin price hovers around $95,000, top analysts are highlighting an exciting alternative that could be the best crypto to buy right now. This Bitcoin stagnation has prompted investors to seek diversification, and a new entrant by the name of RCO Finance (RCOF), currently in the presale stage, is quickly gaining traction due to its impressive presale performance and promising future. Bitcoin Price Stagnation Sparks Concerns After dropping to

Summer Crypto Surge 2025: 5 Coins Set to Deliver $1M Before Bitcoin Hits $100K

May 2, 2025 6 mins read

Anticipation is rising as the summer of 2025 approaches, hinting at a significant upswing in the crypto market. Five distinctive coins are capturing attention, each with the potential to produce million-dollar returns before Bitcoin reaches the $100,000 milestone. Explore what sets these digital assets apart and why they might be game-changers in the evolving landscape of cryptocurrency investments. Price Prediction for XYZVerse ($XYZ): Is a 30x Jump Possible? XYZVerse has

Spot Bitcoin ETFs Inflow Climb To $3 Billion As Smart Money Move Into This Altcoin Rival

May 2, 2025 4 mins read

Spot Bitcoin ETFs have surpassed $3 billion in inflows, reinforcing Bitcoin’s (BTC) institutional appeal—but the real buzz is now shifting. Market insiders suggest this new contender, bolstered by a viral presale bonus event, could echo the early ascent of Bitcoin (BTC) itself. With whispers of millionaire-making potential, seasoned traders are eyeing this rising asset as the next major breakout altcoin. Spot Bitcoin ETFs Witness Record Inflows As BTC Nears $96,000