Category: Coins

Digital assets, cryptocurrencies, blockchain, and currency news.

  • Canada’s new Prime Minister Mark Carney sees Bitcoins future skeptical

    Canada’s new Prime Minister Mark Carney sees Bitcoins future skeptical



    • Mark Carney sees a serious flaw in the restriction of the maximum top quantity at Bitcoin, which makes too inflexible in economic changes.
    • Canada National Bank has sold Bitcoin-related assets thus shows its general reservations against volatile cryptocurrencies.

    After years of lead, Justin Trudeau has the baton Mark Carney passed on. The former governor of the Bank of Canada and the Bank of England was officially elected the new chairman of the liberal party and is also becoming Prime Minister of Canada.

    This change not only changes the political scene of the country, but also affects financial policy and the economic sector as well as the government’s attitude towards Bitcoin and other digital assets.

    Carney’s Bitcoin skepticism and their implications

    Mark Carney is known for generally skeptical to Bitcoin and cryptocurrencies. He has pointed out the main defects of this digital resource several times. He claims that Bitcoin’s specified offer is a “serious defect” that makes it too rigid when handling economic dynamics. In addition, he claims that Bitcoin and other cryptocurrencies are inadequate in the short perspective.

    Carney’s position contradicts the growing acceptance of cryptocurrencies. With regard to the crypto community, his comment could indicate that Canadian politics could be stricter in the future in terms of digital assets.

    On the other hand, the situation also raises the question: Will Carney stand up for a compromise so that the digital financial sector can expand further without endangering economic stability, or will he introduce harder rules?

    Canadian central bank sells BTC-ETF participation

    In addition, the National Bank of Canada is known to sell its Bitcoin-related assets and submitted papers to the SEC in the United States to sell its Blackrock Ishares Bitcoin Trust ETF stocks worth more than $ 1.3 million, as CNF reported.

    The campaign shows the growing caution of Canadian financial institutions compared to the volatility of Bitcoin and other cryptocurrencies.

    This decision is not only a company policy decision, but also reflects the uncertainty that Canada currently surrounds in political and financial terms. With the resignation of Trudeau and the change at the top of the country, Canada is now at an important point where his economic future is decided.

    Crypto fraud increases-states take measures

    In the discussion about the sustainability and control of cryptocurrencies, another, equally worrying problem has arisen: crypto investment fraud. The securities supervisory authorities in Alberta and New Brunswick recently warned of a fraud known as β€œCancap”, which is aimed at investors with increasingly advanced techniques.

    In response to the US tariffs, the program uses fake messages to show that former Prime Minister Justin Trudeau supports investments in cryptocurrencies. Of course, this is just a skillful trick to attract victims.

    According to the Better Business Bureau, frauds with cryptocurrencies in Canada are now quite common. Many people have lost thousands of dollars after falling for fraudsters on social media who promise high returns with the help of fake videos. This phenomenon shows that irresponsible parties still take advantage of the gaps behind the rapid expansion of the cryptoma market.

  • Bernance Binance forced Community engagement with membership participation in a new token decision-making decisions

    Bernance Binance forced Community engagement with membership participation in a new token decision-making decisions



    • Binance supports customers with a β€œVote to List” and β€œVote to Delist” system that guarantees transparency and a community with new token notes.
    • Projects have to integrate customers to secure the listing, while inactive or questionable tokens are removed by the Binance Monitoring Zone process.

    Binance changes the way digital assets are listed on its platform and gives its community more influence. With a new “Vote to List” and “Vote to Delist” system, users now have a direct say in the decision as to which tokens remain on the platform and which are taken out of the trade, how bony announced on March 7. The announcement signals a major change in governance, which aims to promote the transparency and commitment of users.

    Since its foundation in 2017, Binance has put the feedback from the user feedback, and this latest step has leaded to its community-based approach. Since the budgets for the listing are now disclosed in public announcements and forwarded directly to the users, Binance underlines his commitment to a fair participation. The stock exchange continues to reject fees for the stock exchange nopy and thus differs from the competition.

    Projects that want to be included in the Binance ecosystem must now appeal to the community, such as Pi Coin, which, as reported CNF, was supported by 86 % of the voters. If a project receives enough votes and the DUE diligence test passes, it will secure a place on the platform. Binance users who keep at least 0.01 BNB on their main accounts are entitled to participate in these votes. Further details about implementation will be expected shortly.

    Make in the hands of the customers

    While the community can advance promising projects, it can also separate tokens that do not develop well. The “Vote to Delist” mechanism gives users the opportunity to remove projects that are not updated, have an inactive community or apply questionable practices when providing token. Binance will place such tokens in his monitoring zone before deciding on your list:

    “The introduction of the” Vote to List “and” Vote to Delist “Systems enables greater participation of the community and gives users a stronger voice in the listing process.”

    But the transparency goes beyond the coordination of the community. Projects that fail to provide important token data will also be found in the surveillance zone. Binance users who have at least 0.01 BNB on their account can vote on the listing of assets, although more precise details about the process are not yet known.

    These measures reflect the overarching goal of Binance: to ensure that the marketplace remains alive, trustworthy and with promising assets. Projects now have to maintain greater incentive, transparency and commitment in order to avoid slipping into the surveillance zone.

    More ways – more rewards

    In addition to the voting system, Binance also refines the way new tokens reach users. With mechanisms such as launch pool, megadrop and Hodler Airdrops, the platform offers users several options to access new tokens without buying them directly.

    With a launch pool, users can earn token by blocking BNB or other assets, while Megadrop Binance Simple Earn combines with Binance Wallet to offer rewards through web3 interactions. The Hodler Airdrop system is rewarding long-term owners based on snapshots of their BNB credit in Binance Earn.

    In addition, direct spot listings remain an option for well-established projects, which means that they are immediately presented to the huge user base of Binance. The newly introduced Pre Market Trading function enables early access to launch pool token by picking up the previous price limits and enables users to take positions before the official listing.

    Alpha observation zone

    The Binance Wallet Alpha Observation Zone is another important aspect of the revised listing process. This area emphasizes emerging and highly interesting tokens, especially those that are exposed to considerable market fluctuations. Projects that start your token generation events (TGE) exclusively on Binance Wallet are given priority access to this area.

    Although admission to the Alpha Zone is not a guarantee of a complete listing, it offers a visibility thrust and a basis for evaluation for the Listing team from Binance. However, if the interest in tokens of the Alpha Zone subsides, Binance can remove several tokens at the same time, which underlines the importance of continuing market demand.

  • BNB-hardfork comes on March 20-significant upgrades are expected

    BNB-hardfork comes on March 20-significant upgrades are expected



    • BNB Chain will introduce Pascal-Hardfork on March 20, 2025, with even more EVM compatibility, gasless transactions and improved ergonomics.
    • Further upgrades will follow by the end of June, with faster block times and almost immediate transaction processing, which benefits Defi and AI applications.

    BNB Chain plant, to carry out its Pascal-Hardfork on March 20, 2025 as part of a larger blockchain infrastructure improvement. After the start of the test network in February, a new update was introduced to improve the flexibility for developers, EVM compatibility and the user interaction.

    DAPP development with new BNB chain functions

    The Pascal-hardfork enables external accounts to carry out the EIP-7702-smart-Contract code from Ethereum by integrating this Ethereum proposal. The updated system transforms Wallets into smart contracts that support gasless transactions, batch permits and token swaps. The planned PECTRA upgrade from Ethereum will BNB Chain includedhelp to simplify user access to Web3 and offer a better web3 experience.

    After this upgrade, delegated applications (DAPPS) can now contribute to the transaction fee payments of the users, which lowers their costs. The further operation of the software of developers and infrastructure providers depends on the fact that you update your software by March 20, as late updates lead to possible synchronization problems.

    The Pascal-Hardfork brought two essential BNB chain updates with it, which will be available after its implementation this year. The Lorentz-Hardfork will be released in April 2025 to shorten the block generation times to 1.5 seconds and thus the Network functionsto accelerate . The upcoming Maxwell-Hardfork in June 2025 will optimize the transaction duration by reducing it over a second and reaching a speed of 0.75 seconds.

    The system improvements aim to increase the operating speed and performance of BNB chain, which will strengthen its market leadership in decentralized finance (Defi) and artificial intelligence applications (AI). The network’s AI roadmap shows how defi processes with AI functions merge through earnings optimization as well as cross-chain cross-chain intelligence functions and liquidity management solutions.

    The competitive advantage of BNB Chain

    These updates improve the BNB Chain platform by offering higher transaction speeds, lower fees and better Smart Contract operations. The goal is to increase acceptance among developers and users. With these progress, BNB Chain secures a leading position in the development of Defi and the Ki market.

    All members of the BNB Chain family, including knot operators, validers and stock exchanges, have to prepare in advance to avoid disorders. Pascals Hardfork forms the basis for the development of BNB Chain and paves the way for several network upgrades in the coming months.

  • Binance blocks Market Maker after serious misconduct, retains its profit and wants to compensate customers

    Binance blocks Market Maker after serious misconduct, retains its profit and wants to compensate customers



    • Binance has permanently blocked a market maker after unethical trade in GPS and Shell tokens, withhold profits and compensate for affected customers.
    • The stock exchange tightened its rules and warned Market Maker of manipulation, while at the same time introducing the community with new token notes.

    The KryptoBΓΆrse Binance quickly reacted to a market maker who was involved in suspicious trade in connection with Goplus Security (GPS) and Myshell (Shell). The investigations Confirmed unethical practices, which led to a permanent lock. Binance also retains the profits achieved by this misconduct and will compensate with this affected customer.

    Market Makers ensure liquidity and stabilize the prices in the crypto trade. However, manipulating order books for an unfair advantage creates financial risks for dealers. Binance confirmed his strict policy against violations and thus demonstrated his permanent attitude to maintain integrity within his commercial ecosystem.

    A binance spokesman emphasized the company’s focus on fair trade and said that the protection of users and fairness is a top priority. He said:

    β€œThe protection of our users and maintaining a fair trade environment remain our top priorities. This incident underlines our proactive approach to identify and combat misconduct, and we will further improve our surveillance systems to prevent future violations. ”

    Binance takes action against MM after suspicion of manipulation

    The trouble started when Binance noticed something strange with the GPS right after the listing. Within a few days, the token was given a monitoring day due to erratic price fluctuations, which caused concerns about market manipulations. Later, the stock exchange identified a single market maker as the cause of a quick sale of 70 million GPS tokens. This campaign led to a liquidity outflow of around $ 5 million and added severe losses to the first dealers.

    Further investigations showed that the same market maker was involved in transactions with Shell token and thus violated the market participation against the bony guidelines. The company immediately removed the stock exchange and imposed a permanent ban on future activities. In order to limit the damage, binance confiscated the illegal profits and assigned the funds to the affected GPS and Shell token owners.

    Although Binance acted determined, the exact compensation plan for the users concerned must still be announced. However, the company assured the dealers that details are announced for claims, distribution mechanisms and payout periods in the coming days.

    More efficient regulation and new notification procedure

    In response to the increasing concerns about market integrity, Binance announced that his token listing and delisting process was revised. According to the updated guidelines Users can vote with more than 0.01 BNB about whether tokens remain on the stock exchange. The final decisions are at Binance, but the change introduces the supervision of the community.

    A tough struggle against a dubious market maker underlined the strict enforcement of the trade guidelines. Binance warned all market makers to adhere to the regulations, maintain fair money briefs and to avoid disorders through excessive order and cancellations.

    While the regulatory challenges shape the crypto landscape, Binance founder Changpeng Zhao spoke about the ethics of the industry. On March 10, he explained that excessive capital flows into short -term profits instead of supporting ethical teams that focus on sustainable growth. He emphasized patience and strategic investments as the key to long -term success.

  • Finra investigation against Robinhood will be discontinued for payment of around $ 30 million

    Finra investigation against Robinhood will be discontinued for payment of around $ 30 million



    • Robinhood agreed to pay around $ 30 million punishment and compensation to enclose several finra examinations on compliance defects, including money laundering allegations and delayed transaction processing.
    • The Financial Industry Regulatory Authority Finra is an approval authority in the United States that ensures the supervision of people in the securities industry.

    Robinhood Markets has agreed To pay $ 29.75 millionto enclose numerous finra examinations. The comparison includes a civil punishment of $ 3.75 million and compensation for the affected users of $ 26 million. Although Robinhood has neither confirmed nor refuted the claims, the campaign should solve several compliance problems that the company has hindered.

    Finra points to the risky Robinhood practice Hin

    The decision was followed by the discovery of Finra that Robinhood has insufficiently had a suitable anti-money laundering system. Many dubious trade transactions and hacks from user accounts remained unnoticed.

    It was also found that the platform failed to pursue influencers on social media that support their offers and to react to warnings of delays in transaction processing.

    In addition, Robinhood users are also affected by the practice of “collaring” when trading, in which market orders canceled and then re -entered for investors less favorable prices.

    SEC examination ends without further measures

    In addition to the finra complaint, Robinhood also threatened enforcement measures by the Securities and Exchange Commission (SEC). The SEC warned in May that Robinhood could be fined because it does not list some crypto systems on its platform.

    But finally the investigation was ended without further activities. The Chief Compliance Officer from Robinhood, Dan Gallagher, emphasized that the company always complies with the Federal Working Regulations and is certain that the claims are unfounded.

    Massive Krypto-Expansion

    Robinhood continues to expand its crypto business despite legal obstacles. Supported by the crypto-friendly Trump government, the company strives to attract additional institutional customers through the global development.

    Last year, the purchase of BISTAMP worth $ 200 million fit perfectly in the large plan to improve the crypto trade offer.

    As CNF reports, Robinhood wants to start with cryptododes in Singapore until the end of 2025. This step will take advantage of Bitstamp’s license, which was issued by the Monetary Authority of Singapore (MAS). Robinhood also intends to bring the trade with futures and options to Asia and Great Britain and thus expand its influence on a global market.

  • Bitmart starts global campaign for the 7th anniversary: ​​”7 years s7rong” – celebrate & 770,000 share!

    Bitmart starts global campaign for the 7th anniversary: ​​”7 years s7rong” – celebrate & 770,000 share!




    [MahΓ©, Seychellen] – March 10, 2025 – Bitmart, a leading global cryptocurrency exchange, is happy, his Global campaign to 7. To present an anniversary. This celebration marks seven years of growth, innovation and the trust of the users. From March 10th to 24th, 2025, this special event offers exclusive rewards, trade competitions and interactive activities, the crypto enthusiasts worldwide under the motto β€ž7 YEARS S7RONGβ€œ combine.

    Since its foundation in 2018, Bitmart has been pursuing a user -oriented and innovation -driven approach and has developed into a trustworthy industry leader. As a sign of appreciation, Bitmart starts an extensive reward campaign with lucky education, trade competitions, special incentives for new users and much more!

    To celebrate this milestone, Bitmart poses an entire reward pool of 770,000 USDT Ready – one of the biggest anniversary campaigns in our history!

    Happiness – exciting prices await you

    Users can go to the 7th Anniversary Lucky Draw participate and win high -quality prizes, including that SU7 UltraToken rewards, futures vouchers, exclusive NFTs and more. Those who act, pay or take part in platform activities increase their chances of winning.

    Exclusive rewards for new users

    New users who register during the campaign can unlock special bonuses through simple tasks. Whether through the first trade, a deposit or inviting friends – newly registered users have access to several reward pools that improve their trade experience.

    Commercial competition – show your skills!

    Bitmart organized Competitive trading competitions In the spot and futures market, where traders can demonstrate their skills and assert themselves in the ranking lists. Participants with the highest trading volumes and the best returns receive attractive rewards as recognition of their market performance.

    Special VIP & API events

    Dealers with a high trading volume and API users receive tailor-made anniversary offers with exclusive advantages. These special actions are aimed at experienced traders and developers and offer unique advantages to increase their interaction with the platform.

    Take care of your rewards!

    Take the 7th Anniversary Global Campaign from Bitmart from March 10th to 24th, 2025 and secure your share of the rewards!

    πŸ”— Event page: https://www.bitmart.com/7th-anniversary
    🐦 Follow us on X (Twitter): @BitMartExchange
    πŸ“’ Join our Telegram channel: https://t.me/BitMartExchange

    Let us celebrate 7 years s7rong-together we shape the future of the crypto world!

    Liability exclusion:

    The use of Bitmart services is at your own risk. All crypto investments, including potential profits, are speculative and contain considerable risk of loss. Earlier, hypothetical or simulated results are not necessarily an indicator of future yields.

    The value of digital currencies can increase or fall, and the purchase, sale, keeping or acting of cryptocurrencies can be associated with considerable risks. Carefully consider whether to act or maintain digital currencies in view of your personal investment goals, financial situation and risk tolerance are suitable for you. Bitmart does not offer any investment, legal or tax advice

  • Exchange on the stock exchange!

    Exchange on the stock exchange!



    • What sounds like an April joke that has set off too early is absolutely real.
    • The US crypto bonds GeminiKraken and Bitgo use the government’s pro-crypto posture and now want to go to the stock exchange.

    The discussions about a crypto exchange (IPO) gain drive, heated by the crypto-friendly attitude of President Donald Trump. The leading American stock exchanges Gemini, Kraken and Bitgo have shown interest in an IPO.

    Gemini, octopus and Bitgo plan IPO exchanges

    How CNF reportedthe crypto exchange Gemini operated by the Winklevoss twins has announced their intention to now go to the account. Talks with consultants are already running and it could work this year. From informed circles it is said that Gemini work with Goldman Sachs and Citigroup.

    Gemini’s IPO registration takes place shortly after an important regulatory hurdle has been overcome. How described in our last report, the US stock exchange supervisory authority (SEC) recently completed its investigation against Gemini after 699 days.

    The SEC announced Gemini that it decided not to take enforcement measures against the crypto exchange. This decision comes after almost two years of the examination and over nine months after Gemini has received a well.

    According to Gemini, the octopus exchange has also announced plans for an IPO, which is expected to take place in early 2026. The stock exchange recently announced its annual report in 2024, which shows sales of $ 1.5 billion and an adjusted profit of $ 380 million

    As with Gemini, the Sec has also given up its lawsuit against octopuses and changed its earlier attitude. The supervisory authority submitted a lawsuit against octopus in November 2023 and accused the stock exchange of operating a non-registered securities platform, broker and commercial business and a clearing point. With the settlement of the procedure, the company sees the opportunity to enter the public market.

    The third in the group is Bitgo, a large crypto station point, it is reportedly checking a IPO in the second half of 2025.

    Cryptoaffine government gives hope to the industry

    The increasing interest in the stock exchange approaches comes in an environment that the market sees as a friendlier regulatory environment under President Trump. The President has repeatedly promised his support for the crypto industry and be recently Promise einer strategic crypto reserve litigate. Gemini, octopus and Bitgo are ready to use this affordable climate.

    The Winklevoss twins were important financial supporters of Donald Trump’s presidential campaign. During Trump’s election campaign donated she Bitcoin beyond the permissible limit, which led to a partial “forced refund”.

    Arjun Sethi, co-CEO of Kraken, also took part in the most recent crypto summit of the White House, which indicates that the company agrees to the government-friendly policy of the government.

    In view of the support of the blockchain industry, the IPO climate for crypto companies seems to become increasingly cheaper due to the Trump administration. Cathie Wood, CEO from Ark Invest, had predicted that crypto companies such as Kraken and Circle would strive for IPO under a Trump government.

  • Shiba-Inu News: NNFTS Define digital property new

    Shiba-Inu News: NNFTS Define digital property new



    • Shiba Inus Layer-2 platform Shibarium checks the introduction of nnfts-native NFTS-which enable direct conversion between tokens and NFTs and can open up new applications in the areas of gaming, defi and digital property.
    • The tokenization of real assets, such as government bonds and real estate, improves traditional finance through more liquidity, transparency and accessibility.

    Shiba Inus Layer-2-scalability platform Shibarium reports reportedly native NFTS (NNFTS) that could set the next big trend in tokenization. A groundbreaking standard, NNFTS (native NFTS), is intended to revolutionize tokenization by enabling seamless conversion between tokens and NFTs. Inspired by ERC-404, this hybrid approach opens up innovative possibilities in the areas of gaming, decentralized finance (defi) and digital property.

    Shiba Inu’s Shibarium wants to introduce nnfts?

    The tokenization of assets will be a multi-billion dollar industry, and the Layer 2 platform from Shiba Inu could benefit from this trend by introducing native NFTS (NNFTS) on the platform. In the following are some of the most important Applications listed for native NFTS (nnfts).

    • Gaming: Players can acquire assets in the form of tokens in the game, which can then be converted into NFTS in order to own and act, which creates new levels of engagement and monetization.
    • DeFi: Liquidity positions based on NFTS can now be fractionated in tokens, which enables more flexible and more dynamic yield strategies.
    • Collectibles & Staking: Assets can switch between fungal and non-fungal forms, which re-defines the way users interact and manage them with their digital investments.

    This next evolutionary level of tokenization bridges the gap between flexibility and property and paves the way for a new era of digital asset management.

    Shibarium and new developments

    The Shiba Inu layer 2-scalability platform Shibarium has made some important progress. As CNF reported, Shibarium has reached an important milestone by exceeding 730 million transactions, which underlines its growing role at Shiba Inu.

    Supported by a strong community, Shibarium continues to have remarkable 4.7 million transactions per day. This underlines the benefits and acceptance of Shibarium.

    Shibarium has announced the introduction of an improved swap and bridge platform on Shib.io- CNF reported.

    This improved platform combines the previous swap and bridge functions in a uniform interface and offers an optimized user experience. The upgrade is in line with the broader goal of Shibarium to expand its ecosystem beyond a single chain and to strengthen its commitment to innovation and user engagement.

    RWA tokenization

    RWA (real-world assets) such as raw materials, bonds, real estate, investment funds and stocks are important components of traditional financial system. However, they usually have the problem of limited liquidity and high transaction costs due to third parties who want to earn earn.

    Tokenization offers a solution by converting property rights into digital tokens that are stored on a blockchain. This process improves liquidity, increases transparency and enables transactions to be processed quickly without intermediaries.

    RWA are increasingly converted into tokens for various applications, including tokenized treasuries, real estate and debts. By distributing assets into smaller ownerships, tokenization expands the market access, so that small investors can also participate.

  • Ripple-News: Does the OCC crypto-depot rule also go to XRP?

    Ripple-News: Does the OCC crypto-depot rule also go to XRP?



    • The OCC takes a first step to make it easier to access the bank for crypto companies by withdrawing certain fuele decisions.
    • Finance Minister Scott Bessent had previously announced that he was working with the OCC to abolish guidelines that affect the crypto industry.

    The Office of the Compotroller of the Currency (OCC) has moved in a recently published interactive letter from the agency’s politics regarding the engagement of banks in crypto industry.

    Dem Write According to the custody of crypto assets, “certain stablecoin activities and participation in independent node verification networks for banks and permissible are permitted”.

    When reviewing the publication, we found that the requirement for institutes that are supervised by the OCC was also withdrawn. Rodney E. Hood, Acting Compotroller of the Currency, said that the agency expects the banks to maintain their strict risk management controls in order to support the activities of new banks as well as those of traditional banks.

    β€œToday’s measure will reduce the burden of banks for crypto -related activities and ensure that these banking activities are treated uniformly by the OCC regardless of the underlying technology. I will continue to work to ensure that the regulations are effective and not exaggerated and at the same time a strong federal banking system is preserved. ”

    In the meantime, the OCC has withdrawn its participation in the joint explanation of the risks of crypto-assets and the joint explanation of the liquidity risks for banking organizations, which usually lead to weak points in crypto-assets. According to our research in 2023, these guidelines were published after the collapse of the FTX exchange.

    Crypto

    Banks and crypto

    During the bid administration, the OCC and other banking supervisory authorities pointed out the risk of representing digital assets for the financial system. However, the Trump administration has argued that these decisions have made the debanking of people and companies in the crypto ecosystem.

    The President and CEO of the American Bankers Association (ABA), Rob Nichols, praised the decision and emphasized that the current measure of the OCC was a big step towards the inclusion of the banks in the rapidly developing cryptom market:

    β€œThe ABA has emphasized that this misguided policy, which has created an atypical standard for many product and technology ideas, is withdrawn. The banks play a decisive role in the ecosystem of digital assets that have the potential to be a catalyst for changes in traditional financial markets, and today’s OCC measures are an important step to enable this success. “

    This announcement is also made against the background of President Donald Trump’s digital asset Summit. As indicated in our previous discussion, he gathered several crypto entrepreneurs to meet the members of his government.

    During a publicly streamed part of the meeting, Finance Minister Scott Bessent emphasized that he would work with the Office of the Controller of the Currency and the IRS to withdraw all guidelines that have a negative impact on the market for digital asset.

    Meanwhile, the Federal Deposit Insurance Corporation (FDIC) was criticized for the fact that it did not accelerate the participation of the banks in the Kryptomarkt. The Federal Reserve has not commented on banks and crypto, but its chairman Jerome Powell has already announced that the central bank will revise the guidelines. Powell has also confirmed his interest in digital assets because he compares Bitcoin with gold, as CNF reported.

    In the meantime, this recent decision is expected to enable banks to actively participate in blockchain networks such as XRP Ledger. XRPL stands for a highly scalable and efficient blockchain that was developed for financial transactions at an institutional level. It is expected that a successful assumption will also have a major impact on the XRP course, which an upward trend was predicted in this cycle.

  • Financial service provider Fold enlarges Bitcoin assets to 1485 BTC

    Financial service provider Fold enlarges Bitcoin assets to 1485 BTC



    • FOLD added 475 BTC to his cash stock and now has a fortune of over 1,485 BTC, while it used convertible bonds to procure capital.
    • Fold is applying to listen to the stock market under the “FLD” ticker to increase transparency and attract institutional investors.

    The Bitcoin-based financial service provider Fold has just 475 BTC worth $ 41 million into his cash register recorded. Fold now has more than 1,485 BTC, which currently have a value of almost $ 130 million. This step is not just an accumulation of digital assets, but a carefully developed financial strategy in order to strengthen the position of the company on the constantly growing cryptom market.

    NASDAQ-NOTUNG: The next big step

    Fold seems to follow an approach that Microstrategy has already implemented. The company spends change bonds to obtain capital for the acquisition of Bitcoin. In the world of investments, this is a rather daring strategy.

    With convertible bonds, investors can purchase bonds that can be converted into shares at a certain price in the future. In this way, Fold not only takes Bitcoin into his balance sheet, but also expands his access to capital without having to sell shares on the free market.

    On the other hand, Fold has other big plans. As CNF reports, the company has applied for the listing of its shares at NASDAQ under the ticker symbol FLD This step will give the company a broad access to institutional donors and increase the transparency of its business for investors.

    Fold und VISA

    Bitcoin as an investment is nothing new, but FOLD tries a new approach by offering a way to earn Bitcoin with everyday activities.

    In February, the company launched a new credit card in cooperation with Visa, in which customers are rewarded with up to 2% of each transaction that they make in Bitcoin. This is an intelligent method to make Bitcoin known to a wider audience without having to buy directly from a crypto exchange.

    Although the credit card offers the additional advantage of cryptocurrencies, it works like any other credit card. The two main goals of the program are to increase the acceptance of Bitcoin and offer a new experience with a reward system that is more creative than conventional loyalty programs.

    Large investment by HK Asia

    In the meantime, one of the large investment companies based in Hong Kong, HK Asia Holdings Limited, has agreed to buy another 7.88 BTC worth around $ 761,705 on February 20, 2025. The campaign has followed the 1,700%increase in the company’s stock value since the beginning of the year.

    Bitcoin as part of a long -term strategy

    In a statement, Fold-CEO emphasized Reeves that the possession of Bitcoin is not only a mere custody, but part of the company’s long-term mission.

    Fold believes that Bitcoin will play an important role in the development of the modern financial system. By further increasing its stocks, Fold strengthens his position as a pioneer in the introduction of Bitcoin in the financial sector.

    As a platform, Fold has made more than $ 2.5 billion in transactions possible and serves over 600,000 customers. The company not only offers Bitcoin-based services, but also intends to integrate BTC premiums into the daily transactions. This means that fold not only plays in the world of crypto investments, but also builds up a system in which Bitcoin can be part of the daily economic activities.