Tag: Report

Unknown Whales Abruptly Accumulate $4,167,000,000 in Ethereum via Exchanges: Report

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Unknown entities are reportedly accumulating billions of dollars worth of the second-largest digital asset by market cap via crypto exchange platforms. In a post on the social media platform X, Wu Blockchain reports that Chinese on-chain analyst EmberCN says unknown deep-pocketed investors have gobbled up billions of dollars worth of Ethereum (ETH) from crypto exchanges in about a month, contributing to its recent price hike. “According to EmberCN, since July 10, over 1.035 million ETH ($4.167 billion) have been accumulated by unknown whales or institutions via exchanges and institutional platforms.…

Report: Argentina Leads in Crypto Ownership in Latam, Outpacing Brazil and El Salvador

According to a report issued by Rankings Latam, Argentina hit a milestone of nearly 20% crypto ownership, surpassing countries like Brazil and El Salvador. The region’s adoption is highly concentrated, with 6 countries hosting over 80% of the crypto ownership. Argentina Leads Crypto Adoption in Latam Once Again Latin America (Latam) is one of the […] Source CryptoX Portal

Winklevoss Twins Deepen Ties To Trump Family With Mining Investment: Report

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Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini, have reportedly invested in American Bitcoin, the mining company tied to the US President Donald Trump’s family.  According to a Thursday Bloomberg report citing Hut 8 CEO Asher Genoot, the Winklevoss twins invested an unknown amount in American Bitcoin, the mining company co-founded by Donald Trump Jr., Eric Trump, and others. The company said in May that it was planning to go public through a merger with Gryphon Digital Mining. The reported investment was the latest connection between the Gemini…

Crypto Investor Under Consideration To Fill Crucial Fed Seat: Report

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US President Donald Trump is reportedly considering four people to replace Federal Reserve Board of Governors member Adriana Kugler after her resignation becomes effective on Friday. According to a Thursday Reuters report, Trump was weighing economic adviser Kevin Hassett, former Fed governor Kevin Warsh and two other people to replace Kugler by the end of the week. Whomever Trump nominates and is confirmed by the US Senate would have significant influence over the country’s monetary policy, including federal interest rates.  Hassett, also director of the National Economic Council under Trump,…

Trump to Sign an EO Over Ideological Debanking: Report

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US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged in “debanking.” According to Bloomberg on Thursday, citing a senior White House official, regulators will be required to review complaint data, while financial institutions under the purview of the Small Business Administration will be asked to make efforts to reinstate clients who were unlawfully denied banking services. Debanking has been a key concern among some political groups, who argue that businesses such as gun manufacturers…

South Korea’s KakaoBank Plans Stablecoin Services: Report

The banking arm of South Korean IT giant Kakao Corporation is reportedly ramping up plans to offer stablecoin services amid a regulatory shift in the country after the election of pro-crypto president Lee Jae-myung. KakaoBanks’ chief financial officer Kwon Tae-hoon said during the company’s first-half 2025 earnings call that the company is “reviewing various methods such as issuance and custody,” and “plans to actively participate,” in the “digital asset ecosystem,” ZDNet Korea reported on Wednesday Kwon added that the initiative is being spearheaded in cooperation with Kakao’s Stablecoin Task Force,…

Corporate Bitcoin Holdings Surge as Adoption Spreads Globally, Report Shows

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Public and private companies added 107,082 bitcoin to their treasuries in July 2025, accelerating a trend of institutional adoption now valued at $428 billion across tracked entities, according to Bitcoin Treasuries’ July Adoption Report. Bitcoin Treasuries Report: Corporate Adoption Accelerates The report published by bitcointreasuries.net found total holdings by all monitored entities – including companies, […] Original

Report: Trump’s Draft Executive Order Would Fine Banks Over Bias Against Crypto Firms, Conservatives

The Wall Street Journal reports that President Donald Trump has allegedly prepared a draft executive order warning banking regulators and financial institutions that they could face disciplinary action if they discriminate against conservatives or crypto companies. An Alleged Executive Order Puts Banks on Notice Over Political, Crypto Bias A Wall Street Journal (WSJ) exclusive report […] Source CryptoX Portal

Trump To Order Investigation Of Crypto Debanking: Report

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US President Donald Trump is reportedly planning to sign an executive order directing banking regulators to investigate claims of debanking made by the crypto sector and conservatives. Bank regulators would be directed to probe whether any financial institutions violated antitrust, consumer financial protection or fair lending practice laws, according to a draft of the executive order seen and reported by The Wall Street Journal on Monday. Those found violating the laws could face fines or other legal action. Trump may sign the order this week, reportedly, but the White House…

Peter Thiel-Backed Crypto Exchange Bullish Files for $4,230,000,000 IPO: Report

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A crypto exchange backed by billionaire investor Peter Thiel is seeking to file for an initial public offering (IPO) worth over $4.2 billion. According to a new Reuters report, the billionaire-backed Bullish is targeting a $4.23 billion valuation for its upcoming US IPO. Bullish reportedly plans to invest many of the IPO funds in US-dollar-backed stablecoins. Bullish plans to offer 20.3 million shares priced between $28-$31, seeking up to $629 million. The news comes on the heels of another Thiel-backed firm, BitMine, announcing that it has accumulated over $3 billion…