Business

10 February

CZ Denies Buying Meme Coins or NFTs, Claims No Knowledge of TST Listing on Binance

Binance co-founder and former CEO Changpeng “CZ” Zhao has distanced himself from the hype surrounding meme coins and NFTs, stating that he has never personally invested in them. Additionally, CZ claims he has no knowledge of how TST, a lesser-known token, ended up being listed on Binance, fueling speculation about the exchange’s internal listing processes. CZ’s Statement on Meme Coins …

10 February

SBI Shatters Crypto Profit Records, Eyes Japan’s First USDC Listing

Japanese financial giant SBI Holdings has reported record-breaking profits from its cryptocurrency division, signaling growing institutional adoption of digital assets in the country. As the company rides the wave of surging crypto markets, it is now setting its sights on another milestone—becoming the first to list USDC, a major dollar-pegged stablecoin, in Japan. Record-High Crypto Profits SBI’s latest earnings report …

10 February

Hedge Funds Go All In Against ETH as Ethereum Shorts Hit Record High

Ethereum is facing intense bearish pressure as hedge funds ramp up their short positions to unprecedented levels. With ETH’s price struggling to maintain momentum, institutional traders are betting big against the second-largest cryptocurrency, raising concerns about potential volatility in the coming weeks. Record Short Positions on Ethereum According to recent market data, Ethereum short positions have reached an all-time high, …

10 February

Metaplanet Skyrockets 4,000% on Bitcoin Bet, Poised for First Profit in Six Years

Metaplanet, the Japanese investment firm often compared to MicroStrategy, has seen its stock soar an astonishing 4,000% in recent months, driven by its aggressive Bitcoin accumulation strategy. The surge comes as the company is set to report its first profit in six years, signaling a remarkable turnaround fueled by the booming crypto market. Bitcoin-Fueled Rally Metaplanet made headlines earlier this …

10 February

UK Landfill Linked to Lost 8,000 Bitcoin Hard Drive Faces Closure

A landfill in Newport, Wales, infamous for potentially holding one of the world’s most valuable lost treasures—8,000 Bitcoin—may soon be shutting down, according to recent reports. The site has long been at the center of a modern-day digital gold hunt, as one man has spent years attempting to recover a hard drive that could be worth over $400 million at …

10 February

Brazil’s B3 Stock Exchange Rolls Out Bitcoin Options, Futures for ETH & SOL

Brazil’s B3 Stock Exchange, one of the largest financial markets in Latin America, is expanding its crypto offerings by launching Bitcoin options and futures contracts for Ethereum (ETH) and Solana (SOL). This move marks a significant step in integrating digital assets into the traditional financial ecosystem, providing institutional and retail investors with regulated crypto derivatives. Expanding Crypto Derivatives in Brazil …

10 February

Klarna Eyes Crypto Boom as It Gears Up for Public Debut

Swedish payments giant Klarna is making waves once again—this time by exploring the world of cryptocurrency. As the company prepares for its much-anticipated public listing, it is looking to expand its offerings beyond traditional fintech solutions, tapping into the growing demand for digital assets. A Strategic Move Toward Crypto Klarna has long been at the forefront of innovation in the …

9 February

Insider Picks: 3 Altcoins Poised to Outshine Solana & XRP with 60x Potential

While Solana (SOL) and XRP have dominated headlines, crypto insiders are eyeing three under-the-radar altcoins that could deliver massive 60x returns. These projects boast cutting-edge technology, strong fundamentals, and growing adoption, making them prime candidates for the next major breakout. The Future of Scalable DeFi Why it’s a game-changer: Solves Ethereum’s scalability issues with ultra-fast transaction speeds. Growing ecosystem of …

9 February

XRP’s 27% Surge Seems Unlikely—But Here’s Why Holding Could Still Pay Off

XRP has faced a tough market environment, with bullish predictions of a 27% surge looking increasingly uncertain. However, while a breakout may not be imminent, long-term HODLers could still benefit from factors that point to future growth. Why a 27% Rally Looks Unlikely Right Now Several market conditions suggest that XRP may struggle to hit an immediate breakout: Weak Buying …

9 February

Klarna CEO Confirms: ‘Buy Now, Pay Later’ Giant Set to Embrace Crypto

Global Buy Now, Pay Later (BNPL) giant Klarna is gearing up to integrate cryptocurrency into its payment ecosystem, according to CEO [CEO Name]. The move marks a significant step in bridging traditional fintech with the rapidly growing digital asset space, offering users new ways to pay and transact in the evolving economy. Why Klarna Is Embracing Crypto As digital assets …