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Ethereum treasury firm ETHZilla sells of $40 million ETH as part of $250 million stock repurchase plan Source link

In brief American Bitcoin has acquired 1,414 Bitcoin, the company said Monday. Bitcoin was trading above $115,500, its highest level in two weeks. More than 200 companies have built Bitcoin treasuries. American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has added 1,414 Bitcoin currently worth $163 million to its holdings, according to an announcement on Monday.Miami, Florida-based American Bitcoin, a subsidiary of Hut 8 Corp. that debuted in April, now has 3,865 Bitcoin worth about $446 million based on BTC’s present price above $115,200. The latest accumulations resulted from…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Anticipation is building ahead of Ripple Swell 2025, the company’s flagship conference scheduled for November 4 to 5 in New York, with a welcome reception on November 3. This year’s edition is set against a backdrop of growing institutional adoption of cryptocurrencies, and Ripple is bringing some of the world’s most powerful financial names to the stage.  For the first time, the event will feature an extensive lineup of speakers from the White House and major traditional finance institutions, including BlackRock, Nasdaq, Bloomberg, and Citi. Major Financial…

In brief China’s central bank will continue cracking down on domestic crypto operations while monitoring overseas stablecoin developments.   PBOC Governor Pan warned stablecoins “can’t meet the basic requirements like customer identification and anti-money laundering.”  Meanwhile, Japan rolled out JPYC, the first yen-backed stablecoin, and South Korea launched KRW1, its first regulated won-backed token. China will keep a tight grip on crypto and stablecoins while maintaining scrutiny of overseas digital asset developments, as Asian neighbors launch regulated stablecoins, a representative from the People’s Bank of China said Monday.PBC Governor Pan Gongsheng said during a conference in Beijing that the central bank…

Citi and Coinbase Team Up to Enhance Digital Asset Payment Capabilities for Institutional Clients Source link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Gli ETF spot su Ethereum negli Stati Uniti hanno registrato la seconda settimana consecutiva di deflussi di capitale. Questo andamento negativo arriva dopo un ottobre deludente per la performance di prezzo della seconda criptovaluta più grande al mondo. Dopo mesi di forti afflussi di capitale, gli ETF su Ethereum sembrano attraversare una fase di raffreddamento, con un evidente cambio nel sentiment degli investitori. Gli ETF su Ethereum negli Stati Uniti registrano deflussi per 93,6 milioni di dollari Secondo gli ultimi dati di mercato, il settore degli ETF…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The recent drop in Bitcoin’s price following a market crash appears to have reached its end, as the flagship cryptocurrency asset surges back above the $113,000 once again. While the price of BTC has turned bullish and has recovered from its downward trend, investors are starting to record significant gains from their holdings or positions. Percentage Of Supply In Profit-Elevating With the Bitcoin price back above the $113,000 level, the market is beginning to shift towards a more bullish outlook for both investors and traders. After the…

In brief MegaETH has attracted $350 million in pre-deposits at a “hypothetical” fully diluted valuation of $7 billion, just hours after opening its initial coin offering. The “hypothetical” fully diluted valuation is only the result of the ICO’s oversubscription. Once allocations have been determined, MEGA will have an FDV of $999 million. The Ethereum layer-2 scaling network gained significant hype this year, thanks to a buzzy testnet that received broadly positive performance reviews. Ethereum layer-2 network MegaETH started its initial coin offering auction on Monday—and it became oversubscribed in just five minutes. Now, approximately five hours later, it has attracted…

China’s Central Bank Calls Stablecoins a ‘Threat,’ Vows Crackdown: Report Source link

S&P Global Ratings assigned a ‘B-’ issuer credit rating to bitcoin-juggernaut Strategy, reflecting the company’s heavy concentration in bitcoin and limited dollar liquidity. The outlook is stable. S&P said the rating reflects Strategy’s “high bitcoin concentration, narrow business focus, weak risk-adjusted capitalization, and low U.S. dollar liquidity.” The company reported $8.1 billion in pre-tax earnings in the first half of 2025, almost entirely from appreciation in the value of its bitcoin holdings. The firm said in their release that while Strategy’s balance sheet is dominated by bitcoin, its management has prudently staggered debt maturities and maintained flexibility by financing primarily with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s rapid expansion across the global finance space, along with the continued growth of the XRP Ledger (XRPL), has drawn significant attention from the broader market. Ripple CEO Brad Garlinghouse recently spotlighted the company’s top five strategic acquisitions, emphasizing how these deals are shaping the crypto payment firm’s future and reinforcing XRP’s central role within the evolving ecosystem.  Ripple and XRP Ledger Solidify Global Position Through Acquisitions In an X social media post on Friday, Garlinghouse confirmed that with the complete acquisition of Hidden Road, now rebranded…