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Metaplanet Adds 555 BTC to Its Treasury

Coins Legend May 7, 2025 0

The firm is now already more than halfway toward meeting its 10,000 BTC goal by the end of December. Metaplanet Expands Bitcoin Holdings with 555 BTC Purchase Japanese bitcoin treasury firm Metaplanet has purchased 555 bitcoin ( BTC) increasing its total holdings to 5,555 BTC, according to an

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Easy Money: China Slashes Rates, Injects $138.5B to Shield Economy From Trade War Impact

Coins Legend May 7, 2025 0

China’s central bank slashed key interest rates and injected $138.5 billion into its financial system to bolster an economy battered by U.S. trade tensions and domestic challenges. PBOC Unveils Sweeping Rate Cuts Reuters reported that the People’s Bank of China (PBOC) cut its seven-day reverse repurchase rate by 10 basis points to 1.4%, effective May […]

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Vivek’s Strive Is Building Bitcoin War Chest With Nasdaq-Listed Arsenal

Coins Legend May 7, 2025 0

Strive has sealed a definitive Nasdaq-listed merger with Asset Entities to launch the first public bitcoin treasury manager, advancing a bold new chapter in crypto finance. Strive Seals Merger With Asset Entities to Form First Public Bitcoin Treasury Asset Manager Strive Asset Management, a subsidiary of Strive Enterprises Inc., announced on May 7 a definitive […]

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Xpfinance Secures a $200,000 Seed Funding to Launch a Non-Custodial Lending Platform on the Ripple ($XRP) Ledger

Coins Legend May 7, 2025 0

This content is provided by a sponsor. PRESS RELEASE. Xpfinance, an innovative decentralized finance (DeFi) startup building on Ripple’s XRP blockchain, has successfully closed a $200,000 seed funding round. The seed round was led by Xenoverge Fund and saw participation from several prominent web3 angel and pre-seed investors, reinforcing growing confidence in XRP’s DeFi

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Etherscan Unveils EIP-7702 Tracking as Ethereum’s Pectra Upgrade Goes Live

Coins Legend May 7, 2025 0

Etherscan has launched monitoring tools for EIP-7702 authorizations following Ethereum’s Pectra upgrade, which introduced 11 improvement proposals to bolster scalability, security, and user experience. Ethereum Users Gain Smart Contract Flexibility With EIP-7702 Post-Pectra Ethereum’s Pectra upgrade, combining the Prague and Electra updates, went live on May 7, 2025,

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Visa Backs BVNK in Strategic Move to Boost Stablecoin Payment Networks

Coins Legend May 7, 2025 0

Visa’s venture arm has invested in BVNK, a stablecoin infrastructure firm, to accelerate the development of global payment networks using blockchain-based currencies. Stablecoin Infrastructure Firm BVNK Secures Visa Investment The strategic investment, announced this week by BVNK CEO Jesse Hemson Struthers, follows BVNK’s $50 million Series B funding round in December 2024

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Bridging Bitcoin to DeFi: Insights from MacLane Wilkison, CEO of tLabs and Co-founder of Threshold

Coins Legend May 7, 2025 0

In a recent podcast episode, MacLane Wilkison, CEO of tLabs and co-founder of Threshold Network, shared a compelling vision for Bitcoin’s future in decentralized finance (DeFi). At the center of the discussion was tBTC, a permissionless Bitcoin bridge designed to expand Bitcoin’s utility across DeFi ecosystems, while maintaining security and user control. A Journey Through

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Altcoins Outpace Majors in Daily Market Moves

Coins Legend May 7, 2025 0

The global cryptocurrency market surged 2.79% over the past 24 hours, climbing to a total valuation of $3.01 trillion, driven by standout performances from altcoins and steady gains from bitcoin and ethereum. Crypto Market Hits $3.01 Trillion, Up 2.79% in 24 Hours Bitcoin (BTC), which maintains a dominant 64.4% share of the crypto market today, […]

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Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility

Coins Legend May 7, 2025 0

This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of […]

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Crypto.com Expands US Presence With New DC Office Amid Trump’s Regulatory Shifts

Coins Legend May 7, 2025 0

Crypto.com announced plans Wednesday to establish a North America regional office in Washington, D.C., signaling a strategic push to deepen engagement with U.S. policymakers. New Crypto.com Office Near White House Signals Industry’s Regulatory Focus The new office, located near the White House, will focus on public and government affairs for the company’s U.S. operations.