Strategy just made another huge Bitcoin move. According to a July 21 SEC filing, the company spent $739.8 million to buy 6,220 BTC, paying an average of $118,940 per coin. That brings its total holdings to 607,770 BTC. The average buy-in across all purchases sits at $71,756, putting the company up nearly $28 billion on…
The Real World Assets (RWA) value on the XRP Ledger (XRPL) has increased from $5 million in January 2025 to $118 million in July, signaling strong institutional interest. Five million RLUSD tokens have also been minted on the Ethereum blockchain, with 77.5 million minted in July alone. While XRP is nearing its all-time high price…
A recent, hours-long fire at a data center used by Elon Musk’s X may have begun after an electrical or mechanical issue in a power system, according to an official fire investigation. WIRED was the first to report on the blaze, which occurred on May 22 in Hillsboro, Oregon. Data center giant Digital Realty operates…
Conflux, a Chinese blockchain platform, has announced the launch of a new offshore yuan-backed stablecoin during its Conflux 3.0 network upgrade event in Shanghai. This stablecoin, pegged 1:1 to the offshore Chinese yuan, aims to facilitate cross-border payments, particularly for countries involved in China’s Belt and Road Initiative. Conflux has partnered with fintech firm Anchorx…
[PRESS RELEASE – Hong Kong, PCR, July 22nd, 2025] MultiBank Group, one of the largest and most regulated financial derivatives institutions, has officially launched the $MBG Token Generation Event (TGE), following a record-breaking pre-sale that saw millions of tokens snapped up in minutes. $MBG has launched on MEXC and Gate.io, with additional availability on MultiBank.io…
Ethereum price is at $3,640 amid some profit-taking deals. Despite some whales selling, institutional interest remains high and demand is absorbing the dump. Analysts say the ETH bull market remains intact. Ethereum has retreated slightly from its highs of $3,856 as it dips nearly 4% in the past 24 hours amid some profit-taking moves. But…
South Korean AI chip startup FuriosaAI announced a partnership on Tuesday to supply its AI chip, RNGD, to enterprises using LG AI Research‘s recently unveiled EXAONE platform. RNGD is optimized for running large language models (LLMs) and just last week, the Korean tech giant LG unveiled its next-generation hybrid AI model EXAONE 4.0. The collaboration…
Neutron, Asia’s leading Bitcoin Lightning infrastructure company, today announced the public launch of Neutron Lend, a non-custodial, bitcoin-backed lending service now available to all users globally. Users can sign up and obtain bitcoin-backed loans by visiting: neutron.me/lend As Bitcoin adoption accelerates, holders increasingly seek secure ways to borrow against their bitcoin without relinquishing custody. Neutron…
Western Union CEO Devin McGranahan views the growing stablecoin adoption wave as an opportunity, despite concerns held by traditional banking institutions that view it as a threat. In an interview with Bloomberg, McGranahan highlighted the opportunities presented by the global stablecoin movement. His beliefs come amidst fears and concerns from traditional financial institutions that view…
The XRP price is near its all-time high as altcoins see gains. XRP Ledger’s tokenized RWA grew 2,260% in six months, from $5 million to over $118 million. Other metrics and broader market developments add to the bullish outlook for XRP. Ripple’s XRP trades around $3.50 as it continues to hover near its all-time high,…
