Japanese gaming firm Gumi Inc. is significantly increasing its investment in cryptocurrency, announcing a plan to purchase ¥2.5 billion ($17 million) worth of XRP over the next five months. This move, which is more than double the company’s previous Bitcoin acquisition, signals a growing corporate interest in XRP. The acquisition will happen gradually from September … Read more
The Cardano Foundation has officially relaunched its Developer Portal, rebuilt with direct input from the community. The goal is to create a comprehensive, one-stop hub to make it easier for developers to build decentralized applications (DApps) on the network. The portal includes everything from beginner guides and tutorials to live DApp demos and workshops. In … Read more
The competition to launch the first U.S. Solana (SOL) Exchange-Traded Fund (ETF) is intensifying, with multiple asset managers, including Canary Capital, Franklin Templeton, VanEck, Fidelity, Grayscale, CoinShares, and Bitwise, submitting revised S-1 registration statements to the SEC. These updated filings show that a continuous dialogue is happening between asset managers and regulators. The filings contain … Read more
As August ends, cryptocurrency traders are bracing for what has been historically known as “Red September,” a phenomenon where markets, including crypto, tend to see negative returns. Since 2013, Bitcoin has fallen an average of 3.77% in September, with a track record of eight crashes, according to data from Coinglass. Experts believe this pattern is … Read more
Grayscale Investments has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to create a new exchange-traded fund (ETF). This ETF would focus on two major cryptocurrencies: Polkadot (DOT) and Cardano (ADA). This is Grayscale’s latest effort to expand its product offerings beyond its successful Bitcoin and Ethereum ETFs. The company … Read more
After a quiet period in August, XRP is back in the spotlight, with analysts predicting a potential rally to $5. This bullish outlook is supported by four key factors: 1. Bullish Chart Patterns: On the daily chart, XRP is showing several strong technical signals. It is forming a falling wedge, a bullish pennant, and a … Read more
Solana (SOL) has recently reached a six-month high, but its rally is being met with significant selling pressure from influential investor groups. According to data, over 2 million SOL tokens, valued at more than $432 million, have been deposited into exchanges over the past three days. This behavior suggests that holders are taking profits on … Read more
Luxxfolio, a Canadian crypto infrastructure company, has filed a preliminary shelf prospectus to raise up to CAD$100 million ($73 million). This move is intended to provide the company with financial flexibility as it expands its Litecoin-focused strategy and works to stabilize its balance sheet. The filing will allow Luxxfolio to issue various securities, including shares … Read more
Changpeng Zhao (CZ), the founder of Binance, believes that Hong Kong should increase the number of cryptocurrencies available on its licensed exchanges to remain competitive with global crypto hubs like the U.S. and the UAE. In an interview with the South China Morning Post, Zhao praised Hong Kong’s proactive and positive approach to Web3, stating … Read more
New data reveals that Bitget is solidifying its position as a top-tier crypto exchange, driven by strong institutional adoption and a powerful derivatives market. A recent CoinDesk report highlights Bitget’s impressive growth and trading infrastructure. Key Highlights from the Report: Derivatives Dominance: From November 2023 to June 2025, Bitget’s derivatives trading volume reached a staggering … Read more