XRP surged to $2.84, marking a 27.9% gain over the week, with its market capitalization climbing to $167 billion—placing it above Tether as the third-largest cryptocurrency. In the past 24 hours, XRP recorded a trading volume of $14.24 billion, with an intraday price range between $2.61 and $2.91. XRP In the 1-hour chart, XRP’s recent…
BlackRock’s iShares Bitcoin Trust (IBIT) has reached a new high, becoming the largest spot bitcoin exchange-traded fund (ETF) in the U.S. In just 18 months since its launch in January 2024, IBIT has accumulated over 700,000 BTC, now worth over $80 billion, and accounts for more than 55% of all bitcoin held by U.S. spot…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. From the U.S. House announcing July 14 as Crypto…
YZi Labs has partnered with 10X Capital to support the creation of the BNB Treasury Company in the United States. New BNB Treasury Company Eyes U.S. Listing With Backing From Crypto Veterans YZi Labs, a global investment firm with a $10 billion portfolio across web3, AI, and biotech, announced its support for 10X Capital’s latest…
Cryptocurrency exchange Coinbase announced on Friday that it has acquired the leadership team behind Opyn Markets, a crypto derivatives platform. Opyn CEO Andrew Leon and Head of Research Joseph Clark will provide their expertise in areas such as perpetual options or simply “perps,” which are essentially derivative products with no expiry date. The Opyn team…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. Meme coin launchpad LetsBONK has dethroned its competitor Pump.fun…
Sygnia, a South African investment manager, has launched the Sygnia Life Bitcoin Plus Fund, which tracks Blackrock’s Ishares Bitcoin Trust exchange-traded fund (ETF). Sidestepping South Africa’s Regulatory Hurdles South African investment manager Sygnia has launched a product that tracks Blackrock’s Ishares Bitcoin Trust ETF (IBIT). Known as the Sygnia Life Bitcoin Plus Fund, the product,…
The figure is quoted in a report published by New York-based investment research firm Benchmark on Friday. Analysts Predict Metaplanet Stock Could Reach ¥2,400 Shares of Japanese bitcoin treasury firm Metaplanet continue to defy gravity, soaring 7,900% since the once embattled hotel company implemented a well-executed bitcoin ( BTC) corporate strategy last year. That’s according…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. Luis Buenaventura, the head of GCash’s crypto trading feature…
The Akon City project, a high-profile initiative by singer Akon, has been officially terminated following an agreement between Akon and a state owned enity. Akon City Terminated Amidst Construction Delays The futuristic crypto-themed Akon City project, a high-profile initiative from Senegalese-American singer and entrepreneur Akon, has been officially terminated. Akon and the Senegalese Coastal Development…
