Tag: Crypto
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BOB Raises $21M to Bring Native Bitcoin DeFi Closer to Reality
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Build on Bitcoin (BOB), a Layer 2 blockchain network, has raised $21 million in strategic funding to expand its efforts in unlocking native Bitcoin DeFi. The latest round brought in $9.5 million and included participation from existing backers like Castle Island and new investors such as Anchorage, Amber Group and Sats Ventures. The platform aims…
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XRP Whales Offload $1.9 Billion, Analyst Warns of Potential 30% Price Crash
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The cryptocurrency XRP is facing growing concerns after recent data revealed that large holders, often referred to as whales, have offloaded a substantial volume of tokens. Analysts are now warning of a possible 30 per cent price correction if key support levels fail to hold in the coming days. Whale Wallets Shed 640 Million XRP…
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UK Lifts Ban on Retail Crypto ETNs in Push to Become Global Crypto Hub
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The United Kingdom has taken a significant step toward embracing digital finance by lifting its ban on crypto exchange-traded notes (cETNs) for retail investors. The Financial Conduct Authority (FCA) announced on Friday that regulatory changes will come into effect from 8 October, allowing individual investors to access cETNs for the first time since the ban…
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Smarter Web Company Raises $21M via Bitcoin-Denominated Bonds in UK First
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In a landmark move for UK capital markets, The Smarter Web Company has raised £15.8 million ($21 million) through a Bitcoin-denominated bond offering, becoming one of the first British firms to tap into cryptocurrency for structured corporate fundraising. The bond, named “Smarter Convert,” was fully subscribed and backed by the French asset management firm Tobam.…
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XRP Eyes Major Breakout as Bullish Pattern Repeats: Could Reach $4 in August
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XRP is showing strong signs of repeating its previous rally pattern, raising hopes among investors of a sharp price surge in the coming weeks. The cryptocurrency’s latest price movements mirror a bullish fractal seen earlier this year, potentially setting the stage for another breakout towards the $3.75 to $4.00 range in August. Falling wedge pattern…
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Coinbase Plans $2 Billion Note Offering to Fund Buybacks and Acquisitions
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Coinbase, one of the world’s leading cryptocurrency exchanges, has announced a $2 billion convertible senior note offering aimed at raising funds for corporate expansion, stock buybacks, and potential acquisitions. This move marks a significant step as traditional market strategies increasingly blend with digital asset investments. Dual-Tranche Offering to Institutional Buyers The company revealed plans to…
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Hyperliquid Reimburses $2 Million to Traders After API Outage, Boosts Confidence in DEXs
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Rapid Compensation Following 37-Minute Outage Decentralised derivatives exchange Hyperliquid has reimbursed nearly $2 million to users affected by a brief API outage last week, a move that has been widely praised by the crypto community. The disruption occurred on 29 July and lasted for approximately 37 minutes, during which traders were unable to execute orders.…
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4 Countries Offering Citizenship or Residency Through Crypto Investment in 2025
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As digital assets continue to reshape global finance, a growing number of countries are now offering citizenship or residency to investors using cryptocurrency. In 2025, jurisdictions such as Vanuatu, El Salvador, Portugal and Caribbean nations like Dominica and Saint Lucia are emerging as top destinations for crypto-funded migration. With investment thresholds ranging from $100,000 to…
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Spot Bitcoin ETFs See $812 Million Outflow as Ether ETFs End Inflow Streak
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Spot Bitcoin exchange-traded funds (ETFs) faced a significant setback on Friday, registering the second-largest single-day outflow in their history. Meanwhile, Ethereum ETFs ended their longest-ever inflow streak, marking a turbulent moment in the crypto investment landscape. Bitcoin ETFs Record Major Outflow Spot Bitcoin ETFs saw a combined net outflow of $812.25 million, wiping out a…
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Can Google Gemini Actually Help Plan Crypto Trades? Here’s What We Found
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As artificial intelligence becomes increasingly embedded in crypto workflows, tools like Google Gemini are being used not just to summarise text but to support traders in navigating volatile markets. But can Gemini truly help in planning real crypto trades? We tested it with sample workflows using Render Token (RNDR) as a case study. Here’s what…