The Ether Machine marked Ethereum’s 10th birthday by purchasing nearly 15,000 ETH tokens for $56.9 million at an average price of $3,809.97 each. This acquisition is part of their ongoing long-term strategy to build one of the largest institutional-grade...
Kraken reported robust results for the second quarter of 2025 with revenues hitting $412 million—an 18% increase from the prior year. Despite this surge in topline growth, the platform’s adjusted earnings softened, sliding 7% year-over-year to $79.7 million, underscoring...
Bolivia’s central bank has formally recognized cryptocurrency as a “viable and reliable alternative” to traditional currencies after signing a memorandum of understanding with El Salvador to collaborate on crypto policy development and regulatory intelligence. The agreement, signed by Edwin...
Eddid Financial has received approval from Hong Kong’s Securities and Futures Commission (SFC) to upgrade its in-kind subscription and redemption mechanism for digital asset spot exchange-traded funds (ETFs), in a move aimed at streamlining crypto investment in the city’s...
Non-fungible token (NFT) sales climbed to more than 574 million dollars in July, marking the second-highest monthly volume this year, according to data from CryptoSlam. The figure represents a 47.6 percent increase from June’s 388.9 million dollars, though it...
The Trump administration has reaffirmed its commitment to creating a U.S. strategic Bitcoin reserve, according to Robert “Bo” Hines, executive director of the President’s Council of Advisers on Digital Assets. The announcement comes despite the initiative being only briefly...
The Trump administration is expected to release a much-anticipated report today that will outline its approach to digital assets. This marks a significant step in shaping future crypto regulation in the U.S. The report comes from a cryptocurrency working...
Indonesia will increase taxes on cryptocurrency transactions starting August 1, introducing higher rates for trades conducted on overseas exchanges, according to a new regulation issued by the Ministry of Finance. On Monday, the ministry issued multiple regulatory updates, including...
South Korea’s central bank has announced the creation of a specialized department focused on cryptoassets, marking a major step in the country’s efforts to regulate digital currencies. The new cryptoassets department aims to streamline oversight and better understand the...
Institutional interest in Ethereum is accelerating at a remarkable pace, with corporations now buying Ether faster than Bitcoin, signalling a significant market shift, according to a recent report by Standard Chartered. Since June, companies have acquired approximately 1% of...
