HIVE Digital plans to grow its hash rate 4x by September 2025, potentially placing it among the top 10 public Bitcoin miners by size. Simultaneously, it has $100M ARR target for HPC. Is this small-cap miner an overlooked opportunity? HIVE Digital Sets Sights on Expansion and HPC Revenue The following guest post comes from Bitcoinminingstock.io, […] Source CryptoX Portal
Tag: Digital
Russia Hits Pause on Digital Ruble—Mass CBDC Adoption Delayed
Russia’s digital ruble rollout is delayed as the central bank refines its economic model, despite a successful pilot with 15 banks, 1,700 citizens, and 30 businesses participating. Bank of Russia Delays Digital Ruble Rollout The Bank of Russia has delayed the full-scale rollout of its central bank digital currency (CBDC), the digital ruble, which was […] Source CryptoX Portal
Arizona Senate Approves Strategic Digital Assets Reserve Bill, Advances to House
The Arizona Senate advanced a bill to create a state-managed reserve for seized bitcoin, passing SB 1373 by a 17-12 vote on Feb. 27 and sending it to the House for further consideration. Arizona Legislators Narrowly Pass Digital Assets Reserve Bill The Strategic Digital Assets Reserve bill establishes a fund overseen by the state treasurer […] Source CryptoX Portal
World competitor Billions Network launches non-biometric digital ID
Billions Network has launched a digital identification platform that doesn’t require users to hand over their biometric data, a move the company says preserves privacy and goes against the grain of competing projects like Sam Altman’s World. According to a Feb. 28 announcement, Billions Network has created a universally accessible verification platform for humans and AI agents that’s based on Circom, its zero-knowledge verification technology. The company claims that its verification system has already been tested by financial institutions Deutsche Bank and HSBC. More than 9,000 projects, including TikTok and…
Boerse Stuttgart Digital enables crypto trading at DekaBank
The digital asset arm of a major German stock exchange, Boerse Stuttgart, is assisting the local investment bank DekaBank in providing cryptocurrency trading services to its institutional clients. Boerse Stuttgart Digital will provide its regulated infrastructure to enable DekaBank to start its crypto offering, which is exclusively aimed at institutional clients, the firm said in an announcement shared with Cointelegraph on Feb. 28. “With our fully regulated brokerage solution, DekaBank can seamlessly provide secure and reliable access to crypto trading,” Boerse Stuttgart Digital said in a statement on its LinkedIn…
Germany’s central bank chief pushes for sovereign digital euro, still sees Bitcoin as ‘digital tulip’
Bundesbank president Joachim Nagel says the European Union needs state-controlled digital currency as a safeguard against private sector dominance in global finance. Joachim Nagel, head of Germany’s central bank, isn’t changing his mind on crypto, pushing for a digital euro to help Europe stay financially independent. Speaking at an OMFIF event at the London School of Economics, Nagel stressed that the European Central Bank should remain cautious about monetary policy, dismissing Bitcoin (BTC) as “more like an asset class” and describing it as “the opposite of transparent.” He also called…
Tether Partners with Guinea to Propel Digital Transformation via Blockchain
Joerg Hiller Feb 17, 2025 10:00 Tether has signed an MoU with Guinea to explore blockchain technologies, aiming to foster digital innovation and economic growth in Africa. Tether, a prominent entity in the digital asset sector, has entered into a Memorandum of Understanding (MoU) with the Republic of Guinea. This strategic partnership aims to leverage blockchain and peer-to-peer technologies to drive economic growth and establish Guinea as a frontrunner in Africa’s digital transformation, according to Tether. Focus on Innovation and Education The…
Expert: Bitcoin Should Anchor US Digital Asset Stockpile
Martins Benkitis, co-founder and CEO of market maker Gravity Team, believes that any digital asset stockpile, as suggested by an executive order from U.S. President Donald Trump, should start with Bitcoin as its foundation. Altcoins in U.S. Digital Asset Stockpile Carry Risks While an executive order signed by U.S. President Donald Trump is somewhat vague […] Original
Citi, State Street to enter digital asset custody space
Citi and State Street, two of the largest U.S. banks, plan to launch custodial services for cryptocurrencies and digital assets. The U.S. institutional crypto wave has gained momentum following President Donald Trump’s return to Washington as the first pro-crypto American president. His administration’s push for clearer regulations has fueled bullish sentiment on Wall Street. Citibank and State Street have separately announced plans to enter the cryptocurrency custody space as more financial firms outline digital asset strategies. Citi unveiled its CIDAP digital asset platform, which offers crypto-safeguarding technology for clients. The…
NC’s Crypto Investment Bill Advances, Bringing Digital Assets Closer to Public Portfolios
North Carolina is set to modernize its investment strategy with a bill allowing the State Treasurer to allocate funds to digital asset products, signaling a shift toward blockchain-based finance. North Carolina Considers Crypto Investments for State Funds in New Bill North Carolina Speaker of the House Destin Hall and Representatives Stephen Ross, Mark Brody, and […] Source CryptoX Portal