Author: Digicoinvision

Today, Sora Ventures announced the launch of Asia’s first Bitcoin treasury fund, unveiled during Taipei Blockchain Week. The fund, backed by a $200 million commitment from partners and investors across the region, aims to purchase $1 billion worth of Bitcoin within the next six months, according to a press release sent to Bitcoin Magazine. This new fund follows the individual Bitcoin treasury firms that have emerged across Asia in recent years — including Japan’s Metaplanet (TYO:3350), Hong Kong’s Moon Inc. (HKG:1723), Thailand’s DV8 (SET:DV8), and South Korea’s BitPlanet (KOSDAQ:049470). While those companies hold bitcoin directly on their own balance sheets,…

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…

Ethereum layer 2 Linea has announced the launch of its long-awaited token with a community-first model that rejects venture capital allocations. Summary Linea token launch will take place on Sept. 10, with 85% allocated to ecosystem growth and no VC or team share. 9% of supply goes to early users through fully unlocked airdrops; 75% enters a 10-year ecosystem fund. ETH remains the sole gas token, while both ETH and LINEA will be burned under the dual-burn model. Linea is preparing to launch its native token on Sept. 10, in what it calls the most significant issuance since Ethereum’s (ETH)…

Key Takeaways 183M in CRO burns, strong outflows, and a pennant flag highlighted a bullish setup despite risks. Meanwhile, overheated spot volumes seemed to allude to short-term volatility before CRO’s potential continuation. Approximately 183 million Cronos [CRO] tokens worth about $49.5 million have been transferred to a burn address. Such reductions often enhance scarcity, and can also increase investor confidence during periods of market uncertainty.  Therefore, the burn is not only symbolic, but also impactful – A sign of stronger commitment to CRO’s value retention. In fact, its latest burn event also coincided with steady trading on the charts, further fueling…

Linea has launched Ignition, a ten-week incentive program distributing 1 billion LINEA tokens to boost liquidity across major DeFi protocols. Brevis ZK Proofs Drive Linea’s New Liquidity Rewards Program Linea is rolling out Ignition, a 10-week growth initiative distributing 1 billion LINEA tokens to strengthen liquidity across Etherex, Aave, and Euler. Unlike traditional reward schemes, […]

Crypto users in Australia are still facing banking barriers when engaging with exchanges and other crypto businesses, according to a recent survey, while industry executives say clearer rules from the government could be the silver bullet that fixes the problem. A Binance survey of 1,900 Australians released on Thursday found 58% of respondents wanted easy access to deposit funds into an exchange with no limit, while 22% had changed banks to make buying crypto easier.Matt Poblocki, general manager of crypto exchange Binance’s Australian and New Zealand operations, told Cointelegraph that seamless access to financial services directly affects participation, confidence and trust…

The European Central Bank (ECB) renewed its push to issue a digital euro, drawing pushback from EU lawmakers over privacy protections and potential risks to commercial banks.ECB board member Piero Cipollone told a parliamentary economic committee on Thursday that a digital euro “will ensure that all Europeans can pay at all times with a free, universally accepted digital means of payment, even in case of major disruptions.”Some parliamentarians pushed back over concerns that the digital currency wouldn’t protect user privacy, and that offering accounts backed by the central bank would undercut the private sector.Legislation for the central bank digital currency…

Bitcoin may be holding the spotlight near six figures, but much of the attention in early September has shifted toward best altcoins to buy now. Analysts are eyeing a potential rotation as capital begins to flow into Ethereum, Avalanche, and Near Protocol, each showing technical or ecosystem strength. With Ethereum price $4,450 holding firm, AVAX and NEAR have emerged as clear analyst picks, while MAGACOIN FINANCE, an early-stage projects is also drawing momentum from presale investors searching for outsized gains. Ethereum Price Holding Strong at $4,450 Ethereum prices were down by 1.25 per cent to $4,350.87. Its 24-hour trading volume…

Key takeaways: Dip buyers continue to accumulate Bitcoin and open new leveraged positions, but reclaiming the $112,000 level remains key. Traders are on pins and needles ahead of Friday’s US jobs report. Bitcoin’s (BTC) Wednesday rally to $112,600 vanished as sellers stepped in during the Asian trading session, and the downside spilled over into Thursday as the price dropped to $109,329. Weak ADP private hiring data shook traditional markets after the report showed an increase of 54,000 jobs added in August, while analysts had anticipated 75,000. On Friday, the more significant US jobs report will be released and provide insights on whether the labor…

Join Our Telegram channel to stay up to date on breaking news coverage American Bitcoin, the crypto mining firm partly owned by Eric Trump and Donald Trump Jr, soared 16% on its Nasdaq debut, adding about $1.5 billion to the Trump family’s wealth. Trading under the ticker ABTC, the stock hit an intraday high near $14 before settling at $8.04 per share, according to Yahoo Finance. After-hours buying pushed it up another 5% as investors poured in. ABTC price chart (Source: Yahoo Finance) Volatility was high, triggering Nasdaq’s circuit breakers five times. Following a merger with Hut 8’s mining arm…