Author: driver789

Genius Group sold its entire Bitcoin reserves to repay $8.5 million in debt, the company said today. The firm entered a Bitcoin first strategy in late 2024 after the US election, allocating most reserves to Bitcoin and building a treasury position that reached 440 BTC by February 2025. After a court order blocked fundraising and share issuance, the company sold portions of its holdings and reduced exposure. In February 2026, Genius Group held about 84 BTC after prior sales that included roughly 86 BTC in the month before. The remaining Bitcoin was liquidated to remove $8.5 million in liabilities and…

Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines.Key points:Bitcoin faces fresh downside pressure as stocks and gold fall on US President Donald Trump’s address to the nation.US dollar strength ramps up on the back of an anticipated breakout to yearly highs.Bitcoin would face “new lows” from a dollar comeback, a trader warns.Bitcoin, stocks and gold all fall on Trump addressData from TradingView showed 2% daily BTC price losses with lows near $66,200.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewCrypto had joined stocks and gold in falling on the back of an address to the nation by…

Ripple on Thursday introduced native digital asset capabilities inside its enterprise treasury management system, letting corporate finance teams hold, view and manage XRP and RLUSD alongside traditional fiat balances for the first time within a single platform.The two features, called Digital Asset Accounts and Unified Treasury, are built on GTreasury, which Ripple acquired in 2025. That system processed $13 trillion in payments volume last year for clients ranging from small businesses to Fortune 500 companies. The digital asset layer adds to that existing infrastructure rather than replacing it.Digital Asset Accounts let treasury teams create a Ripple-native digital asset account inside…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

EDX Markets, a cryptocurrency exchange backed by Citadel Securities, has applied for a national trust bank charter with the Office of the Comptroller of the Currency, marking a step toward deeper integration between digital asset firms and the US banking system. The application, made public on April 1 according to recent filings, would allow EDX Markets to offer custody, asset management and principal trading services while continuing to operate its existing order-matching platform. The firm said the charter would place key functions such as custody and settlement under a regulated banking structure. EDX Markets framed the move as part of…

XRP ($1.31 · Live)-and-Grayscale-1.png” alt=”Ripple CEO Fires Back After Avalanche CEO Downplays Ripple’s Banking Role”>Ripple CEO Brad Garlinghouse responded to a jab from Emin Gün Sirer, who claimed that banks are using Avalanche technology rather than Ripple’s solution. The lighthearted but pointed exchange unfolded on X after Sirer joked that banks are choosing Ripple.Visit Website

Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money laundering charges, according to Hong Kong-based news outlet Ta Kung Wen Wei.“On April 1, with strong support from the relevant authorities in Cambodia, a task force sent by China’s Ministry of Public Security successfully escorted Li Xiong, a core key member of the Chen Zhi criminal syndicate, back to China from Phnom Penh, Cambodia,” it said on Wednesday, citing a statement from China’s Ministry of Public Security…

Galaxy Digital (GLXY), the digital asset financial services firm founded by Mike Novogratz, said it recently contained a cybersecurity incident involving unauthorized access to an isolated development workspace, according to a statement from a company spokesperson.”An immaterial amount of company funds used for testing within the isolated development workspace was impacted,” the spokesperson said in emailed comments. The loss was less than $10,000, according to a person with knowledge of the matter.The firm emphasized that the affected environment was used solely for research and development and was not connected to its core infrastructure, production systems, trading platforms or client accounts. Galaxy…

A cluster of roughly 650,000 Bitcoin sits at the $70,000–$72,000 price range — coins bought by investors who are now waiting to break even. That supply overhang is the wall Bitcoin must climb if its March recovery is going to mean anything. Related Reading: Ripple’s RLUSD Stablecoin Sits On $1.57 Billion In Reserves: Audit Firm A Streak That Hasn’t Been Seen Since 2018 Bitcoin closed March up 2%, snapping five consecutive months of losses. It was the longest such run of red monthly candles since 2018, and data from CoinGlass confirms the streak is over. The final close puts Bitcoin…

The U.S. Department of the Treasury has formally begun implementing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, releasing its first notice of proposed rulemaking (NPRM) and opening a 60-day public comment period. The 87-page proposal outlines how the Treasury will determine whether state-level stablecoin regulatory regimes are “substantially similar” to the federal framework—a key threshold allowing smaller issuers to remain under state supervision. Under the GENIUS Act, stablecoin issuers with less than $10 billion in outstanding supply can opt for state-level regulation, provided those regimes meet or exceed federal standards. The proposed rule establishes broad principles…