SAVVY MINING, a leading cloud-based cryptocurrency mining company, announces the official launch of its revolutionary new free mobile app. The app redefines global digital asset mining by allowing users to easily start mining with a simple, sustainable and profitable solution that can be configured in just minutes. With this new mobile app, users can mine…
Swedish gaming company Fragbite Group has launched a Bitcoin treasury strategy by purchasing 4.3 Bitcoin at an average price of $112,958 per coin, becoming the latest European firm to adopt cryptocurrency as a primary reserve asset amid a global wave of corporate adoption. The company raised an additional 6 million Swedish krona ($630,000) through an…
Decentralized prediction market Polymarket has acquired Florida-based derivatives exchange QCX and its affiliated clearinghouse QC Clearing — together known as QCEX, for $112 million. Key Takeaways: Polymarket acquired QCEX for $112M to gain a regulated foothold in the US market. The deal follows the closure of a federal investigation that had hindered Polymarket’s US expansion….
With a drop of 4.6% over the last 24 hours, the cryptocurrency market capitalization has dipped below the recently conquered $4 trillion, now standing at $3.99 trillion. Overall, the market is down today, with the large majority of the top 100 coins per market capitalization decreasing. At the same time, the total crypto trading volume…
Nasdaq-listed Mercurity Fintech announced a $200 million Equity Line of Credit Agreement with Solana Ventures to launch a Solana-based treasury strategy, but Solana Ventures immediately denied any involvement. In an X post, Solana Venture stated it is “not affiliated or involved with any equity line of credit agreements with any publicly listed companies.“ Solana Ventures…
Coinbase has launched CFTC-regulated perpetual futures for US retail traders, providing an onshore alternative to offshore derivatives giants. Key Takeaways: Coinbase has launched CFTC-regulated nano BTC and ETH perpetual futures. The new products offer up to 10x leverage for US retail traders. Coinbase plans to expand its product lineup, targeting more cryptocurrencies. The launch introduces…
GSR, a crypto market maker and trading firm, has announced an investment in and a strategic partnership with the Nasdaq-listed MEI Pharma, marking the first time a public company is aligning its treasury strategy with Litecoin (LTC) at an institutional level, the team says. According to the press release, GSR and Litecoin founder Charlie Lee…
Western Union is positioning itself for a new phase of digital transformation, signaling strong interest in using stablecoins to modernize its global remittance operations. Key Takeaways: Western Union is exploring stablecoins to reduce remittance costs and improve service. The company is running settlement pilots and considering a crypto wallet. The GENIUS Act passage could pave…
Elon Musk’s SpaceX has moved over $152 million worth of Bitcoin after more than three years of dormancy, according to data from blockchain analytics platform Arkham Intelligence. Key Takeaways: SpaceX moved over $152 million in Bitcoin after three years of wallet inactivity. The transaction appears to be internal, with no change in net holdings. SpaceX’s…
JPMorgan Chase is reportedly exploring lending against clients’ Bitcoin and Ethereum holdings starting next year, sources told the Financial Times. However, they cautioned that the plans are subject to change. The move would make JPMorgan one of the largest US banks to endorse crypto into mainstream. JPMorgan Chase CEO Jamie Dimon, who has been a…