Category: Crypto

South Korea’s Central Bank has announced it will reorganize its structure to include a “cryptoassets department” as a wave of public sector stablecoin-related activity continues to build momentum.
The post South Korean Central Bank Unveils New ‘Cryptoassets Department’ appeared first on Cryptonews. …

ChatGPT’s XRP Analysis details a $3.09 price holding above the 200-day EMA at $2.88 while trading below shorter EMAs, with volume off 13%. Bloomberg has raised ETF approval odds to 95%, and SEC case progress has supported sentiment, framing a breakout toward $3.50 or a pullback to support.
The post ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line appeared first on Cryptonews. …

Hong Kong has formalized oversight of stablecoins, issuing licensing and AML guidelines effective Aug 1. Issuers must seek HKMA feedback by Aug 31 and file full applications by Sept 30, while existing operators have a transition period to meet new governance standards.
The post Hong Kong Monetary Authority Releases Stablecoin Licensing Framework – CBDCs Coming Soon? appeared first on Cryptonews. …

SharpLink Gaming has continued its aggressive Ethereum treasury program, buying 77,209 ETH to reach 438,190 ETH held. Net ATM proceeds of $279.2 M funded the latest purchases, while staking rewards have grown to 722 ETH. Former BlackRock strategist Joseph Chalom has taken the Co-CEO role.
The post SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree appeared first on Cryptonews. …

BitMine has unveiled a flexible $1 billion stock buyback as part of its expanded Ethereum strategy. The firm has amassed 625,000 ETH worth $2.3 billion and intends to reach 5 percent of the asset’s supply, outpacing rivals amid rising corporate and ETF accumulation trends.
The post BitMine Bets Big: $1B Buyback Follows $2.3B ETH Hoard – A 5% Ethereum Grab in Sight? appeared first on Cryptonews. …

ETHZilla has confirmed plans to rebrand from 180 Life Sciences and adopt Ethereum as its reserve asset, funding the move with a $425 million PIPE. Proceeds will buy ETH and support a yield program run by Electric Capital, guided by a DeFi Council and investors such as Polychain.
The post 180 Life Sciences Rebrands as ETHZilla, Unleashes $425M Ethereum Treasury Raise appeared first on Cryptonews. …

Fortune 500 fintech leader FIS has partnered with Circle to enable US financial institutions to offer USDC stablecoin payments through integrated infrastructure, combining Circle’s USDC functionality with FIS’s Money Movement Hub.
The post Fortune 500 Fintech Giant FIS Partners with Circle to Bring USDC Payments to US Banks appeared first on Cryptonews. …

World Liberty Financial ETH holdings have increased; its total holdings are now 77,226 ETH, valued at about $296 million, with an approximate unrealized profit of $41.7 million.
The post Trump’s World Liberty Financial Dumps $1M USDC for 256.75 ETH appeared first on Cryptonews. …

Crypto mining is putting serious pressure on Iran’s power grid, now driving up to 20% of the country’s energy shortfall.
The post Crypto Mining Blamed for Up to 20% of Iran’s Power Imbalance appeared first on Cryptonews. …

ETH Strategy has raised $46.5 million (12,342 ETH) to become Ethereum’s first MicroStrategy-style treasury protocol, deploying 11,817 ETH into staking operations and liquidity pools while reserving 525 ETH for development expenses.
The post ETH Strategy Raises $46.5M for Ethereum Staking & Liquidity Operations – ETH to $4,000 Next? appeared first on Cryptonews. …