Day: July 8, 2025

Why Companies Like JP Morgan And Visa Are Creating Crypto Tokens

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Mainstream financial companies from JP Morgan to Visa are creating their own crypto currencies, known as stablecoins. Market analysts predict they could disrupt the credit card industry. Watch the video to learn why corporate giants are racing to launch their own crypto tokens. Chapters: 0:00 Introduction 1:48 The corporate embrace 7:06 Crypto risks 8:53 Regulation pushes ahead Hosted by MacKenzie Sigalos Reporting by Tanaya Macheel, Kaan Oguz Senior Managing Producer Jordan Smith Edited by Nora Rappaport Animation by Mithra Krishnan Senior Director…

South Korean Bank Stocks Surge After Stablecoin Trademark Filings

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Shares of major South Korean banks surged following trademark filings for stablecoins, signaling growing institutional interest in digital assets.ย  According to Google Finance data, at least three South Korean banks that recently applied for Korean won stablecoin trademarks saw their stock prices increase by 10% to almost 20%. The market reaction suggests investor optimism around the banksโ€™ potential entry into the cryptocurrency sector. The filings came shortly after the inauguration of the countryโ€™s 21st president, Lee Jaeโ€‘myung, on June 4. His campaign included crypto-friendly promises, including the development of a…

Shiba Inu Burn Rate Soars 91,000% as Over 1B SHIB Destroyed

Key Notes Shibburn reported the torching of 1,007,280,237 SHIB at an increased burn rate of 91,090.91% This brings the total circulating supply to 584,556,562,838,190 SHIB tokens. Shiba Inu price is yet to reflect the aggressive burn, but optimism for a breakout is high. Shibburn, the dedicated burn tracker for the Shiba Inu SHIB $0.000012 24h volatility: 0.4% Market cap: $6.95 B Vol. 24h: $118.25 M token, indicates that 1,007,280,237 tokens were burned over the last 24 hours. This is accompanied by a surge in burn rate worth 91,090.91% within the…

2025โ€™s Biggest Bitcoin Bull Trigger Is Still Hidden, Expert Reveals

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In a conversation with The Bitcoin Economy podcast, Bloomberg Intelligence ETF analyst James Seyffart argued that the next, and potentially largest, leg of institutional demand for spot-Bitcoin exchange-traded funds will not come from pension funds, endowments,…

Remixpoint becomes first Japanese company to pay CEO’s salary in Bitcoin

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Japanese consulting firm Remixpoint becomes the first publicly listed company in the country to pay their CEOโ€™s salary entirely in Bitcoin, marking a historic milestone. In an official press release, the companyโ€™s CEO, Yoshihiko Takahashi, explained that it was initially his own decision to receive his salary in BTC (BTC) from the company. He saw the move as a declaration of his loyalty to the companyโ€™s Bitcoin strategy as well as aligning himself with shareholders. โ€œMy decision to receive my entire compensation in Bitcoin is a clear signal that I…

Tether Invests in Crystal Intelligence to Bolster Blockchain Security

James Ding Jul 08, 2025 10:30 Tether’s strategic investment in Crystal Intelligence aims to enhance blockchain forensics and combat illicit stablecoin activities, reinforcing the security of the digital asset ecosystem. Tether’s Strategic Move in Blockchain Forensics Tether, recognized as the leading entity in the digital asset industry, has announced a strategic investment in Crystal Intelligence, a prominent blockchain analytics firm. According to Tether, this move is designed to strengthen the company’s efforts in combating illicit activities involving stablecoins, thereby enhancing the security…

Bit Digital Goes All-in on Ethereum, Converts Bitcoin and Equity Proceeds Into ETH Holdings

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Bit Digital has completed a sweeping pivot toward Ethereum, announcing it has fully transitioned its corporate treasury into ETH following a recent capital raise and the divestment of its Bitcoin holdings. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining […] Original

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TONโ€™s Golden Visa Flop Sends Warning To Crypto

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The Open Network (TON) Foundationโ€™s Golden Visa slip-up in the United Arab Emirates (UAE) highlights the need for legal compliance and proper review, a local lawyer said. A premature announcement about TONโ€™s UAE Golden Visa aimed to benefit the community but ran into complex local crypto rules, according to NeosLegal founder Irina Heaver. With five regulators overseeing crypto asset service providersโ€™ (CASP) activity in the UAE and strict marketing rules by Dubaiโ€™s Virtual Assets Regulatory Authority (VARA), ensuring local compliance requires proper legal assessment. โ€œEven with support from local government…

TON Teams Up With Crypto.com, Fees Sixfold amid UAE Backlash

Key Notes TON Foundation has partnered with Crypto.com Custody to offer institutional-grade asset management. Toncoin (TON) fees surged 696% this week, ranking second among top-growing blockchains by fee activity. UAE authorities denied claims linking TON staking to golden visa eligibility, triggering a sharp price drop on July 7. The Open Network (TON) Foundation has deepened its partnership with leading exchange Crypto.com, as the blockchain project dodges criticism from crypto market participants over a Golden Visa claim in the UAE. The development arrives alongside a dramatic sixfold surge in Toncoin TON…