Author: Digicoinvision
Onchain data reveals that the Royal Government of Bhutan and Druk Holdings just shifted roughly 213.5 BTC to a Binance deposit address—marking their first bitcoin move since late June. Bitcoin-Rich Bhutan Transfers Millions—Third-Largest Nation Holder on the Move After Thursday morning’s transaction, the Royal Government of Bhutan now holds 11,711 BTC, valued at $1.32 billion. […]
Instead of cashing out their Bitcoin (BTC), more folks are simply tapping it for everyday spending. That’s the takeaway from Nexo’s new 2024 Card Report, which shows a 72% jump in crypto‑backed borrowing through the Nexo Card over the past year. Imagine keeping your dream of a future payday intact, all while paying for dinner or booking a flight today. That’s exactly what happened when loyal Nexo customers borrowed against their crypto, preserving more than 100,000 BTC and 750,000 ETH that otherwise might’ve hit the market. Meanwhile, total card transaction volume climbed 203.3% and weekly swipes jumped 324%. “Today, people don’t want…
Key takeawaysWhile companies like Strategy and Tesla made headlines, many others have discreetly added Bitcoin to their treasuries. Firms use Bitcoin to hedge against inflation, fiat devaluation and macroeconomic shocks. Its fixed supply, digital scarcity and 24/7 liquidity make it appealing. Firms like Arkham and Glassnode trace Bitcoin ownership through address clustering and timing correlation. Bitcoin is making a significant shift. From a speculative investment, it has become a part of corporate treasuries. While companies like Strategy and Metaplanet gained attention for large Bitcoin (BTC) purchases, others have quietly followed. Spanning diverse industries like technology and healthcare, these firms have strategically allocated portions…
Join Our Telegram channel to stay up to date on breaking news coverage The US Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to consider crypto as an asset for some mortgage loans. In a letter shared in a June 25 X post, FHFA director William J. Pulte ordered the government-backed enterprises to “prepare a proposal for consideration of cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments.” Crypto For Mortgages Will Not Have To Be Converted To Fiat Fannie Mae and Freddie Mac play a pivotal role in the US home…
Bitcoin’s latest hourly close may be offering more than meets the eye. With the 25- and 50-hour SMAs holding firm and the MACD showing renewed expansion, some analysts believe a breakout could be quietly brewing, and smart traders are starting to take notice. BTC’s Momentum Builds With Healthy Technical Backing In his latest 1-hour market update, Shaco AI noted that Bitcoin continues to humor the bulls, printing a strong close at $111,225.5. The price action has maintained a clear bullish bias, staying well above both the 25-hour simple moving average (SMA) at $110,147 and the 50-hour SMA at $109,420. This…
TL;DR: The EPF successfully concluded the fifth cohort, Study Group 2025 and is preparing for cohort six (EPF6). Applications will be announced soon, keep an eye on the EF blog! In the meantime, get ready by enhancing your Ethereum protocol knowledge at EPF.wiki and sign up for the newsletter to get notified about announcements. The Ethereum Protocol Fellowship completed its fifth cohort, culminating with EPF Day at Devcon in Bangkok. Its completion marked 5 months of immersive learning, research and contribution to the Ethereum core ecosystem from a group of talented and dedicated fellows. Client devs and researchers welcomed new…
Ripple’s US dollar-pegged stablecoin, Ripple USD (RLUSD), has received a significant boost by integrating with Transak, a major cryptocurrency payments platform.Transak has officially integrated support for the Ripple USD stablecoin, enabling its 8.3 million users to purchase RLUSD using multiple fiat currencies, the company announced in a statement shared with Cointelegraph on Wednesday.“We worked closely with the Ripple team to understand how RLUSD could benefit from wider distribution across Transak’s global network — spanning more than 450 wallets, DApps [decentralized apps] and exchanges,” said Transak’s head of marketing, Harshit Gangwar.Transak integration brings a major upgrade to RLUSD operations worldwide amid…
Solana is exhibiting strong bullish signs supported by moving averages, volume, and momentum indicators, which hint at a short-term pause or consolidation in the rally. What Bulls Need To Watch To Sustain The Rally In an X post, Gemxbt stated that the Solana 1-hour chart has displayed a bullish market structure, with the price trading above the 5, 10, and 20-day moving averages. The indication of short-term moving averages signals strong upward momentum, which shows that buyers are in control. The recent price action has been supported by notable volume spikes, confirming the strength behind the upward moves and adding…
Japanese real estate investment firm Gates Inc. will tokenize $75 million worth of central Tokyo properties on the Oasys blockchain, marking one of the country’s largest real estate tokenization initiatives to date.The partnership, announced Wednesday, represents a major step for both companies. Gates plans to eventually tokenize over $200 billion in assets — about 1% of Japan’s real estate market — while Oasys continues expanding beyond its gaming roots into real-world asset (RWA) tokenization.Gates, which generated $145 million in 2024 revenue and was listed on the Financial Times’ “High-Growth Companies Asia-Pacific 2023” list, is currently conducting a Nasdaq roadshow after…
Lawmakers in the US House of Representatives are scheduled to hold a hearing on a crypto tax policy framework as part of Republicans’ push to consider bills on central bank digital currencies (CBDCs), stablecoins and market structure.In a Wednesday notice, leadership on the House Committee on Ways and Means and Oversight Subcommittee said they had scheduled a July 16 hearing to focus on “affirmative steps needed to place a tax policy framework on digital assets.” The event, “ensuring digital asset policy built for the 21st century,” will come as House representatives are expected to vote on three crypto-related bills.Crypto tax…