Bitcoin Rewards Card Launch Spurs Volatility
Fold Holdings unveils a Bitcoin rewards credit card with Visa and Stripe, but its stock drops over 14% amid investor disappointment. #Update #Crypto
Decrypt News
Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
Bitcoin Bull Run: Asian Traders Ignite
Asian crypto markets see 46% returns over the past year, surpassing U.S. and EU at 31% and 29%, driven by regulatory clarity in Hong Kong. #Update #Crypto $BTC
Altcoins MNT AVAX Surge Amid Downturn
Ethereum layer-2 $MNT gains 12.1% after @Bybit partnership; $AVAX up 10.7% following AVAX One’s $550M purchase; Aster’s ASTER rises 7% with TVL spike. #Update #Crypto $MNT
China Bans Asset Tokenization in Hong Kong
Chinese regulators have advised brokers to halt real-world asset tokenization in Hong Kong amid risk concerns, as Hong Kong advances stablecoin licensing. #Update #Crypto
Bitcoin Scam Ring Busted $15M Seized
Thai authorities dismantled a $15M scam targeting 870 South Koreans, involving crypto fraud and laundering. Key figures await extradition. #Breaking #Legal
Bitcoin Kidnapper Sentenced to 13 Years
Keyron Moore sentenced to 13 years for 2022 abduction and $1M Bitcoin ransom demand in Toronto; youth co-accused S.M. awaits sentencing. #Breaking #Legal
Bitcoin Backs $100M Credit to CleanSpark
CleanSpark secures $100M Bitcoin-backed credit from Coinbase Prime to bolster liquidity and fund growth without equity dilution. CleanSpark holds 12,703 BTC worth $1.43B. #Update #Crypto $BTC
AI Predicts 1,000 Diseases Years Ahead
Researchers unveil Delphi-2M, an AI predicting over 1,000 diseases up to 20 years in advance, showcasing potential but facing bias and privacy challenges. #Update #AI
Crypto Veteran Boosts Bakkt Stock Surge
Bakkt Holdings’ stock surged over 40% after crypto veteran Michael Alfred joined its board, surpassing analysts’ target. The company focuses on digital asset infrastructure. #Update #Finance
Solana Crashes After $168M Treasury Buy
Helius Medical Technologies acquired 760,190 $SOL for $168M; shares fell 16% amid market decline. Solana trades at $221.19, down 6.9%. #Update #Crypto $SOL
Ethereum Purchase: BitMine Sells Stock, Drops 10%
@BitMineImmersion now holds 2% of $ETH supply after a $1.1B buy, but stock falls 10% amid share sale news. #Update #Crypto $ETH
Plasma Launches Stablecoin Neobank Post-Mainnet
Plasma’s stablecoin blockchain will launch its mainnet beta on September 25, followed by the rollout of its neobank, Plasma One, offering 4% cashback and over 10% yield. #Update #Crypto
BNB Surges 15% Analysts Predict Growth
BNB surged 10% to $1,079 due to institutional demand and Binance’s regulatory improvements, outperforming Bitcoin and Solana. Analysts expect potential corrections. #Update #Crypto $BNB
Crypto Tax Reporting: UAE Launches Consultation
The UAE Ministry of Finance signed the Multilateral Competent Authority Agreement for automatic crypto tax reporting, launching an eight-week public consultation to finalize implementation details by 2027. #Update #Crypto