Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Sony is making strides to enter the crypto banking sector through its financial arm, Sony Bank, as the Japanese group has recently submitted an application to US regulators for a national banking charter via its subsidiary, Connectia Trust.  This move signifies Sony’s intent to engage in various cryptocurrency-related activities, which include the issuance of US… Continue reading Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal

The Blockchain Recovery Investment Consortium (BRIC), a partnership between GXD Labs and VanEck, announced on Tuesday a significant development in Celsius’ bankruptcy case. Tether (USDT) has agreed to pay a major amount to the crypto lender’s bankruptcy estate following an adversary proceeding that was initiated last year. Tether Settles Billion Dollar Lawsuit This settlement marks… Continue reading Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal

Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

Bitcoin (BTC), the leading cryptocurrency, has made headlines this week by consistently breaking all-time highs, recently surpassing the $126,000 mark for the first time.  However, the current price action has not only drawn attention from investors but also reignited discussions surrounding a notable prediction made two years ago. An anonymous user had forecasted that Bitcoin… Continue reading Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

Bitcoin (BTC), the leading cryptocurrency, has ignited a notable recovery in the broader cryptocurrency market, recording a 5% gain during Wednesday’s trading session to recover the $117,000 mark.  This momentum has positively impacted major altcoins, including Ethereum (ETH), XRP, Solana (SOL), and Binance Coin (BNB), which have seen average increases of around 3% in what… Continue reading Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round

The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion.  This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported… Continue reading SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round

Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Tether, the issuer of the world’s largest stablecoin by market capitalization and trading volume, USDT, is reportedly seeking to raise between $15 billion and $20 billion through a private placement, potentially elevating the company’s valuation to around $500 billion.  As recent reports highlighted on Tuesday, this ambitious financial maneuver could position Tether alongside some of… Continue reading Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

The cryptocurrency market began the week with a notable downturn, as total sector capitalization dipped toward $3.8 trillion. Bitcoin (BTC), the leading cryptocurrency, experienced a significant correction, trading as low as $112,700.  CoinGecko data shows that this decline had a ripple effect, causing major altcoins such as Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE)… Continue reading Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

The FTX Recovery Trust is gearing up for its third distribution to creditors affected by the exchange’s significant collapse, with payments set to commence on September 30, 2025.  FTX Trust Confirms Payments To Eligible Creditors According to the official statement, this distribution will be available to holders of allowed claims categorized under the Plan’s Convenience… Continue reading FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

US-based REX Shares has stirred significant anticipation in the crypto community by announcing the launch of its Dogecoin (DOGE) and XRP exchange-traded funds (ETFs) on September 18.  Imminent Launch Of REX Shares’ DOGE And XRP ETFs? In a post on social media platform X (formerly Twitter), REX Shares promoted the upcoming launch of the REX-Osprey… Continue reading REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ

Binance Coin (BNB), the native token of the world’s largest crypto exchange by trading volume, Binance, surged to a new all-time high on Tuesday, driven by speculation surrounding a potential agreement between Binance and the US Department of Justice (DOJ).  This development comes in the wake of ongoing discussions regarding compliance monitoring requirements tied to… Continue reading BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ