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‘Active Treasury’ is a dangerous misnomer that must not be ignored

Opinion by: Abdul Rafay Gadit, co-founder at Zignaly and ZIGChain Digital asset treasury companies (DATCOs) are facing a classification problem that the market can no longer ignore.   DATCOs were built to hold crypto. Increasingly, they’re being forced to decide whether they want to own assets or operate the systems those assets run on. Index

Euro Stablecoins Take Lead in Non-Dollar Market, Visa Report Says

Euro-denominated stablecoins make up more than 80% of the non-US dollar stablecoin market, which Dune says has grown to about $1.2 billion in total supply, according to a report commissioned by Visa. Dune said euro stablecoins accounted for 85% of transfer volume in the non-US dollar stablecoin market, with Circle’s EURC (EURC) emerging as the

Bitmine Launches MAVAN Ethereum Staking Network

MAVAN will be the largest Ethereum staking service provider globally and will provide staking services for other proof-of-stake chains and blockchain infrastructure services Bitmine has 3,142,643 staked ETH, representing $6.8 billion at $2,148 per ETH Bitmine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III

XRP May Crash to $0.7 Before $8 Rally — There’s a Catch

Add ZyCrypto News On Google XRP traded largely sideways on Thursday as the broader cryptocurrency market struggled to regain strong upward momentum following a recent wave of liquidity injections. Notably, over the past week, the cryptocurrency declined by nearly 7%, mirroring the weakness seen across several major cryptocurrencies. Meanwhile, analyst ChartNerd argued that XRP is

Strategy CEO Phong Le sells 3,299 shares for over $456,000

Phong Le, president and CEO of Strategy, who oversees both the enterprise analytics business and the corporate Bitcoin treasury operations, sold 3,299 shares of the company’s Class A common stock this week, according to a recent SEC filing. The shares were sold at an average price of $138, generating more than $456,000 in proceeds. Le

Ethereum Accumulation Map Reveals Price Roadmap To $20,000

Crypto analyst Crypto Patel has revealed an Ethereum accumulation roadmap indicating the altcoin could rally as high as $20,000. This comes as ETH continues to struggle around the $2,000 level amid the U.S.-Iran war , which has dragged on for almost a month now.  Analyst Reveals Ethereum Accumulation Roadmap With $20,000 Price Target In an

Circle Leads Tazapay Extension as Total Series B Reaches $36M

Cross-border payment infrastructure provider Tazapay said it closed an extension to its Series B funding round led by Circle Ventures, bringing the total raised to $36 million. The round included participation from Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple.  Tazapay said on Thursday that the funding will be used to • expand its

Key Bitcoin Price Levels to Watch as BTC Dips Below $70K

Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price slipped below the $70,000 mark. Analysts said that Bitcoin showed signs of a bear market in its last stages, due to extreme fear and elevated realized and unrealized losses.  Key takeaways: Bitcoin enters the last stages of the bear market, characterized by extreme

Nvidia Faces Investor Class Over Misstatements on Crypto Mining Sales

A California federal judge has certified an investor class in a securities lawsuit accusing Nvidia and CEO Jensen Huang of misleading shareholders about how much of the company’s gaming revenue during the 2017-2018 crypto mining boom came from GPU sales to cryptocurrency miners. US District Judge Haywood S. Gilliam Jr. ruled in a March 25
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