BitMine Immersion Technologies said it is positioning itself as the largest holder of ETH among corporate treasuries, accumulating 833,137 ETH valued at over $2.9 billion as of August 3. 1/It has been 1-month since BitMine launched ETH Treasury strategy. 2 milestones announced today:– BMNR now owns 833,137 ETH valued at $2.95 billion– Bill Miller III…
As digital transactions continue to rise across Europe, the European Central Bank (ECB) is doubling down on its commitment to preserve physical cash. In a blog post titled “Making euro cash fit for the future,” ECB Executive Board Member Piero Cipollone outlines why cash remains indispensable—and how the ECB plans to ensure it stays that…
Ethereum is back in the spotlight—not for the price, but for the activity. Ethereum daily active addresses have hit 841,100, the highest since 2022. This metric tracks how many unique addresses are involved in ETH transfers each day and is considered a proxy for user engagement on the network. The spike is a significant departure…
The GENIUS Act is the first major piece of crypto legislation to be passed by the United States Congress. The bill sets forth regulatory requirements for stablecoins and issuers in the US, finally allowing institutions and big banks to take advantage of these digital assets. Yet the GENIUS Act extends beyond benefiting large financial corporations….
This week marked a turning point in U.S. crypto regulation, as both Congress and regulatory agencies moved forward with frameworks that could finally bring clarity to the digital asset space. With the SEC unveiling sweeping ETF reform and the White House publishing its long-awaited crypto policy report, America is sending a clear message: the U.S….
Key Takeaways: Hong Kong’s licensing regime could allow HKD- and CNY-pegged stablecoins to compete in Asian settlement markets dominated by the USD. Regulatory clarity may encourage institutional entry, but smaller firms could face high compliance costs under the new framework. Non‑USD stablecoin initiatives could test whether regional demand supports alternatives to dollar-backed assets in practical…
The crypto market enters August 2025 with mixed interpretations about whether an altcoin season is taking shape. While Bitcoin remains near its recent highs, some traders are shifting attention toward projects like Tron, Sui, and Pi Coin. Each shows contrasting price action and sentiment, making them part of the debate over the durability of the…
Indonesia’s annual crypto tax revenue jumped sharply in 2024, marking its highest level since the government introduced taxation on digital assets in 2022. According to officials from the Directorate General of Taxes, the country collected 620 billion rupiah (around $38 million) last year, a 181% rise from the 220 billion rupiah recorded in 2023. The…
The UK Financial Conduct Authority (FCA) has announced that, from October 8, retail investors will once again be allowed to access crypto exchange-traded notes (ETNs), marking a policy shift after more than four years of restrictions. The decision reflects what the regulator describes as an evolution in market maturity and investor understanding. UK FCA ban…
Bitcoin’s mining infrastructure has evolved into an energy-consuming giant, requiring over 33 gigawatts of power to maintain block production even as network transaction activity drops to its lowest point in nearly two years, according to a recent analysis from GoMining Institutional. The GoMining Q2 2025 analysis indicates that Bitcoin’s mining power consumption surged from 15.6…