Revolut Aims for US Bank Acquisition to Expedite Its American License Application
The British fintech and neobank Revolut is contemplating the purchase of a US bank to hasten its penetration into the American trading market. As per a recent article in The Financial Times, published on 30 July 2025, Revolut is targeting the acquisition of
$17M XRP/USD Robbery: Spouse of Country Icon George Jones Targeted in Digital currency Burglary
What began as a mere doubt regarding infidelity culminated in an arrest for the theft of XRP/USD. Nancy Jones, the widow of the legendary country musician George Jones, claims that her long-time companion, Kirk West, pilfered over $17 million in XRP from her
Strategy Powers Bitcoin Treasury with $2.5B “Stretch” IPO, Increases Holdings by 21,021 BTC
Strategy (formerly MicroStrategy) has successfully raised an astonishing $2.52 billion via its "Stretch" IPO to amass an additional 21,021 BTC. This brings their overall total to 628,791 BTC recorded on their corporate balance sheet. The STRC preferred shares commence trading on Nasdaq today,
[LIVE] Ethereum Value Increases While Market Declines — MicroStrategy Continues to Acquire Bitcoin: Top Digital currency To Purchase?
The cryptocurrency trading market is sending mixed signals, causing investors to ponder which cryptocurrencies are the most promising to acquire at this moment. Although the overall trading market capitalization has decreased to $3.87 trillion and prominent altcoins such as XRP (-0.50%), Solana (-2.4%),
SEC Allows In-Kind Redemptions for Crypto asset ETFs
The U.S. Securities and Trading network Commission has sanctioned in-kind redemptions for spot Bitcoin and ETH exchange-traded products. This indicates that ETF issuers and authorized participants can now exchange actual Bitcoin or Ether when creating or redeeming shares. Previously, they were required to
PayPal Introduces “Pay With Crypto” for Merchants in the U.S.
PayPal is preparing to introduce a new option called Pay With Crypto, which will be available to merchants in the U.S. within the next few weeks. Businesses will have the capability to accept more than 100 cryptocurrencies, such as Bitcoin, ETH, USDT, and
South Korea’s Political Titans Clash Over Stablecoin Legislation
The two largest political parties in South Korea have stepped into the spotlight, presenting competing stablecoin proposals within the nation. The ban on interest payments for stablecoins has emerged as a significant point of contention within these legislative efforts. In late July 2025,
CoinDCX Purchase By Coinbase Allegedly In Final Phases At Below $1B Valuation
The acquisition of CoinDCX by Coinbase is said to be in advanced stages, following a recent $44 million cryptocurrency theft that targeted the trading protocol. A regional news outlet, referencing unnamed sources, published an article on 29 July 2025, indicating that the valuation
China Industrial Bank Accelerates AI Stablecoin Development to Compete with Dollar
China Industrial Bank (CIB) is enhancing its digital strategy by introducing an AI-driven stablecoin, with the goal of reducing reliance on the US dollar in global finance. This initiative is part of its broader transformation from a digital to a smart bank. The
[LIVE] BTC Remains Stable Over $118K Before FOMC As ETH ETF Sets New Records – Which Altcoins Are the Top Investment Options?
The crypto asset market experienced a slight dip today, with total capitalization decreasing by 2% to $3.91 trillion. As the FOMC meeting approaches later today, heightened price swings is anticipated, as investors look for crucial cues from the Federal Reserve. According to the