Author: driver789
French utility giant Engie is exploring the installation of battery storage systems or bitcoin mining data centers at its newly launched Assu Sol solar plant in Brazil, as it looks to offset mounting curtailment losses and improve project economics, according to Reuters reporting. Speaking to reporters, Eduardo Sattamini, Engie’s country manager in Brazil, said the company is evaluating potential “offtakers” that could absorb excess generation from the 895-megawatt-peak facility — the largest solar project in Engie’s global portfolio. According to Engie, the company is 23.64% owned and 33.20% controlled by the French government, and it typically focuses on low-carbon energy…
The Hashgraph Group, a Swiss technology company building on the Hedera network, launched TrackTrace, a platform aimed at helping prepare for upcoming European Union product-compliance requirements tied to digital product passports.TrackTrace is designed to improve supply-chain visibility by tracking goods and recording product data, including emissions-related information, in a way that can be used for compliance reporting and authenticity checks, the company said in a Tuesday announcement.The platform builds verifiable audit trails for product-specific data, sustainability credentials, durability and reparability, while incorporating agentic artificial intelligence (AI) to automate workflows for compliance reporting.The blockchain-based solution comes in response to the EU’s…
Bitcoin (BTC) will see “purification” as a new wave of institutional money stays long BTC for decades, says EMJ Capital founder Eric Jackson.Key points:BTC has become a “high-beta tech position,” thanks to ETFs and institutional involvement.Bitcoin ETF sellers will give way to longer-term institutional buyers, analysis predicts.Stablecoin supply needs to recover to upend the bearish trend.Bitcoin ETF moves “not a store of value”In an X post on Tuesday, Jackson predicted more stable BTC price strength in the future despite the current institutional exodus.“BTC didn’t fail as an asset. It succeeded as an ETF. And that’s the problem,” he summarized.The US…
BTC kept 0% privacy gains to maximize decentralization, says Buterin at Chiang Mai event. Summary Buterin says BTC’s early design made decentralization the primary constraint, leaving privacy under-optimized. Early crypto systems relied on centralized entities for privacy because tech couldn’t support both strong decentralization and privacy. Advances like zk-SNARK now let parts of ETH’s ecosystem experiment with on-chain privacy tools BTC never integrated. Ethereum founder Vitalik Buterin stated that Bitcoin has prioritized decentralization over privacy features since its launch, according to remarks made at an event in Chiang Mai, Thailand. Buterin explained that Bitcoin’s emphasis on decentralization has resulted in…
RedotPay stablecoin payments firm said to consider $1 billion IPO in New York: Bloomberg
RedotPay, a Hong Kong-based stablecoin payments upstart, plans to raise more than $1 billion in a U.S. initial public offering (IPO) that could value it at over $4 billion.Sources close to the matter told Bloomberg that the company, which achieved unicorn status in September last year, has tapped banking heavyweights such as JPMorgan, Goldman Sachs and Jefferies for a potential New York listing as early as this year.Details of the IPO, such as the exact size and timeline, are still fluid, and more banks could jump in.RedotPay raised $194 million in 2025, capped by a Series B in December, and…
The $33 Billion Inundation: Ethereum Inflows Hit a 15-Month High As Price Teeters At $1,955
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling to hold above the $2,000 level as the broader crypto market enters a more fragile phase marked by persistent selling pressure, fading momentum, and elevated uncertainty. Despite several rebound attempts in recent weeks, price action has remained subdued, with liquidity conditions tightening and investor sentiment turning increasingly cautious. The inability to secure sustained acceptance above this psychological threshold has reinforced the perception that the market is still navigating a corrective environment rather than transitioning into a clear recovery phase. A recent CryptoQuant report provides…
On-chain data shows the Bitcoin short-term holders continue to capitulate as they are realizing net losses of $0.48 billion every day. Bitcoin Short-Term Holder Net Realized Profit/Loss Is Notably Red According to data from on-chain analytics firm Glassnode, the Net Realized Profit/Loss has been negative for the Bitcoin short-term holders recently. This indicator measures, as its name suggests, the net amount of profit or loss that BTC investors are harvesting through their selling. The version of the metric that’s of relevance here specifically tracks this for the short-term holders (STHs), a BTC investor cohort that includes only buyers from the…
Crypto.com announced Monday that it has received conditional approval from the Office of the Comptroller of the Currency to establish a national trust bank in the United States. The move represents a major step toward federal oversight for the digital-asset exchange, allowing it to offer institutional-grade custody, staking, and trade settlement services under direct OCC supervision. The new entity, Foris Dax National Trust Bank — which will operate as Crypto.com National Trust Bank once fully authorized — will function as a limited-purpose national trust bank. It will not accept deposits or issue loans, but will focus exclusively on digital-asset services.…
The court-appointed administrator overseeing the bankruptcy of crypto company Terraform Labs has sued trading firm Jane Street, accusing it of insider trading that worsened the collapse of the multibillion-dollar Terra ecosystem.On Monday, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in a Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market prices.”The heavily redacted complaint claimed Jane Street used connections with “Terraform insiders to learn material non-public information” about the company and used the information to sell tokens tied to the Terra blockchain that worsened its…
Bitcoin Holds Above $66K as Institutional Flows and Regulatory Developments Shape Market Sentiment – BitRss
Bitcoin has reclaimed the $66,000 level, signaling a recovery after recent volatility, while institutional activity continues to shape market dynamics. BlackRock transferred over 1,100 BTC ($63,027.00 · Live) and 7,500 ETH ($1,823.99 · Live) to Coinbase, underscoring ongoing institutional engagement with digital assets. Meanwhile, Ethereum spot ETFs saw another week of net outflows totaling $123 million, marking five consecutive weeks of capital withdrawal and raising questions about institutional appetite for the asset. In the derivatives market, Cardano experienced significant long liquidations totaling $1.76 million after support levels were tested, reflecting heightened short-term volatility in altcoins.Regulatory and policy developments are also…