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SBI’s Aplus Launches Crypto Rewards in Japan: XRP, BTC, ETH Now Redeemable via Credit Card Points

Cryptonite UAE

In a groundbreaking move for crypto adoption, SBI Group’s Aplus card division has introduced a new rewards program that allows Japanese consumers to convert their credit card points directly into XRP, Bitcoin (BTC), and Ethereum (ETH). Under the program, cardholders can redeem 2,100 Aplus Points for 2,000 Japanese yen (approximately $12.30 USD) worth of the … Read more

Bitcoin Eyes $110K as $996M in Short Liquidations Loom, Coinglass Data Shows

Cryptonite UAE

Bitcoin (BTC) is hovering near a crucial price inflection point that could trigger nearly $1 billion in short liquidations if the price breaks above $110,000, according to the latest data from Coinglass. Conversely, if BTC drops below $106,000, the market could see an even larger liquidation wave — with over $1.3 billion in long positions … Read more

Bit Digital Dumps Bitcoin for Ethereum, Becomes One of the Largest Public ETH Holders

Cryptonite UAE

Bit Digital (Nasdaq: BTBT) has made a bold pivot in its corporate treasury strategy, selling off all of its Bitcoin (BTC) holdings and using the proceeds, along with capital from a recent public offering, to purchase Ethereum (ETH). The move positions Bit Digital as one of the largest publicly listed holders of ETH. Ethereum Now … Read more

XRP Rich List Reveals How Rare It Is to Be a Top XRP Holder

Cryptonite UAE

According to recent on-chain data shared by XRPScan and highlighted by crypto analyst Edoardo Farina, the updated “XRP Rich List” offers an in-depth look at how XRP ownership is distributed — and just how rare it is to be counted among the network’s top holders. XRP’s unique distribution history, the high cost of acquiring significant … Read more

Thailand’s 2025 Crypto Reforms Boost Adoption, Investor Protection, and Economic Growth

Cryptonite UAE

Thailand has rolled out a comprehensive series of cryptocurrency reforms in 2025, aimed at strengthening customer protection, fostering innovation, and accelerating economic growth. These efforts are part of Thailand’s ambition to become a leading hub for digital finance and cryptocurrency in Asia and beyond. Thailand’s 2025 Crypto Regulatory Milestones June 17, 2025 — Five-Year Crypto … Read more

Italy Establishes Robust Crypto Regulatory Framework Aligned with EU MiCA Standards

Cryptonite UAE

Italy is solidifying its position in the global cryptocurrency landscape by establishing a comprehensive regulatory framework, largely driven by the European Union’s (EU) Markets in Crypto Assets Regulation (MiCAR) standards. This move aims to provide a secure environment for crypto and other digital currencies by enhancing investor protection, promoting transparent practices, and implementing clear stablecoin … Read more

Cryptocurrency Market Sees Volatility as Meme Coins MOODENG, BONK, and Shiba Inu Dominate Trends

Cryptonite UAE

Cryptocurrencies experienced notable volatility today, with Bitcoin briefly surging above $110,000 following the release of strong U.S. labor statistics before settling back near $109,000. Amid the broader market movements, altcoins hinted at potential recoveries, while meme coins—once again—captured significant attention, setting the tone for the current cycle. Leading the meme coin momentum are MOODENG, BONK, … Read more

Solana’s First Staking ETF Ignites Meme Coin Hype, With T6900, FARTCOIN, and BTCBULL in Focus

Cryptonite UAE

The crypto market buzzed with anticipation on July 2 as the first Solana exchange-traded fund (ETF) with staking capabilities launched in the United States. The Solana staking ETF, a pioneering product, closed its debut trading day with $12 million in inflows, reflecting strong investor interest and a bullish push for staking-enabled ETFs. The launch of … Read more

Binance Founder CZ Donates $10M in BNB to Support Vitalik Buterin’s Open-Source Biotech Projects

Cryptonite UAE

Binance founder Changpeng Zhao (CZ) has revealed a personal donation of $10 million worth of Binance Coin (BNB) to support Ethereum co-founder Vitalik Buterin’s open-source biotech initiatives, signaling a deepening connection between the crypto world and next-generation scientific research. In a recent social media post, Zhao stated that the donation was made quietly several months … Read more

XRP Ledger Transactions Surge as Payments Hit Record Highs, Fueling Institutional Momentum

Cryptonite UAE

In a dramatic surge that reaffirms its role as a global payments rail, the XRP Ledger (XRPL) has seen payment transactions explode to record levels, now accounting for nearly 60% of all weekly activity on the network. According to the latest data from Dune Analytics, weekly payments on XRPL have jumped from just 1.5 million … Read more

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