Tag: Bitcoin
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Crypto Spot Trading Falls 22% in Q2 Despite Bitcoin Rally and ETF Surge
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Cryptocurrency spot trading volumes continued to decline in the second quarter of 2025, falling by 22% despite a strong rebound in Bitcoin’s price and growing institutional interest in crypto exchange-traded funds (ETFs), according to a new report by TokenInsight. The report highlighted contrasting trends across different segments of the crypto market, with spot trading volumes…
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SharpLink Gaming Acquires $49M in Ether as ETH Surges Past $3,000
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SharpLink Gaming becomes largest known corporate Ether holder NASDAQ-listed sportsbook marketing firm SharpLink Gaming has made headlines by acquiring nearly $49 million worth of Ether (ETH), further cementing its position as the world’s largest known corporate Ether treasury. The purchase was made on Sunday as ETH prices rebounded past the $3,000 mark. According to on-chain…
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BIP-119: Bitcoin’s Next Big Upgrade Nears Consensus
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Bitcoin could soon undergo a major upgrade. The long-dormant proposal known as BIP-119, or OP_CHECKTEMPLATEVERIFY (CTV), is gaining serious traction among developers. If activated, this Bitcoin Improvement Proposal (BIP) could unlock better scaling, safer self-custody solutions, and even more advanced smart contract features on the Bitcoin network. After years of dormancy, BIP-119 is back in…
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Bitcoin Breaks $118K, Shorts Wiped Out in $1B Liquidation
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Bitcoin has skyrocketed past the $118,000 mark, marking a major milestone in its ongoing bull run. The massive surge triggered the largest wave of short liquidations this year, with more than $1.13 billion in positions wiped out in just 24 hours. The vast majority of these over $1.01 billion were from traders who had bet…
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NFT Market Sees $2.8 Billion in Sales Despite Falling Trading
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xAnalysts suggest the market is entering a more mature and sustainable phase NFT sales totalled $2.82 billion globally in the first half of 2025, according to CryptoSlam data, even as trading volumes continued to decline. The figures mark a modest 4.6 per cent drop from the $2.96 billion recorded in the second half of 2024.…
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Remixpoint Bets Big on Bitcoin with $215M Treasury Strategy
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Japanese energy and fintech firm Remixpoint has announced a bold new strategy: acquiring 3,000 Bitcoin (BTC) using funds raised through a ¥31.5 billion (~$215 million) capital injection. Listed on the Tokyo Stock Exchange, Remixpoint is joining a growing trend among Japanese companies that are pivoting toward Bitcoin as a strategic long-term asset rather than a…
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Pakistan Launches Independent Authority to Regulate Crypto Sector
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Pakistan has formally launched a new independent regulatory body, the Pakistan Virtual Assets Regulatory Authority (PVARA), to oversee the country’s digital asset industry. The move marks a significant step in the nation’s broader ambitions to integrate with the global cryptocurrency and blockchain economy. The authority will function independently and is tasked with licensing, monitoring, and…
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Metaplanet Becomes Fifth-Largest Corporate Bitcoin Holder After $237 Million Purchase
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Metaplanet Surges Ahead in Corporate Bitcoin Race Japan’s leading corporate Bitcoin treasury, Metaplanet, has made headlines once again with a massive addition to its cryptocurrency holdings. The company has acquired 2,204 more Bitcoin at a cost of $237 million, taking its total holdings to 15,555 BTC. With this purchase, Metaplanet has become the fifth-largest corporate…
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Bhutan Embraces Crypto to Attract Modern Tourists and Revive Economy
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The Himalayan kingdom eyes younger, tech-savvy travellers with digital payments push Bhutan is making a bold move to modernise its tourism sector by integrating cryptocurrency into its national payment system. The country, long admired for its serene landscapes and mindful tourism policies, is now eyeing digital innovation to attract a new wave of global travellers,…
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Bitcoin Faces Strong Resistance at $110K Amid Correction Fears
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Bitcoin’s recent price action has sparked concerns of a deeper correction as the flagship cryptocurrency struggles to break above the $110,000 level. This marks the third time in recent months that BTC has failed to sustain momentum beyond this key psychological threshold, raising questions about the strength of the current rally. BTC Rejected Again at…