Elon Musk Announces $100 Million Crypto Giveaway to Celebrate U.S. Government’s Pro-Crypto Shift
August 8, 2025 – In a groundbreaking move that’s sending shockwaves through the cryptocurrency world, Tesla and SpaceX CEO Elon Musk has announced a massive $100 million giveaway to mark what he calls a “historic victory” for digital assets. The announcement comes on the heels of the new U.S. administration’s complete reversal on crypto policies, […]
Animoca and Standard Chartered form stablecoin venture in Hong Kong
Standard Chartered’s Hong Kong arm and Animoca Brands have launched a joint venture, Anchorpoint Financial, to develop a licensed Hong Kong dollar stablecoin. The Hong Kong subsidiary of major bank Standard Chartered has partnered with Web3 software company Animoca Brands to launch a Hong Kong-dollar stablecoin. According to a Friday announcement from Animoca Brands, the two firms […]
SBI Holdings denies reports it filed for Bitcoin-XRP dual ETF in Japan
An SBI Holdings representative told Cointelegraph that the company had not filed any crypto-asset ETF applications. Japanese financial services conglomerate SBI Holdings denied media reports that the company had filed for crypto-related exchange-traded funds (ETFs). Media reports circulated Wednesday saying SBI had filed an ETF application for two products: a dual gold and crypto ETF […]
Buying Bitcoin years ago wouldn’t have made you rich today, trader says
A crypto trader said early Bitcoin investors very likely wouldn’t have the conviction to hold onto the cryptocurrency for over a decade through its many sharp corrections. The odds of an early Bitcoin investor buying the cryptocurrency when it was worth only a few cents and keeping those holdings until today to become a billionaire […]
Ethereum surge signals incoming 200%-500% altcoin pump: Trader
Ether’s recent rise is the first step toward significant gains for altcoins as traders show a “risk-on appetite,” said crypto trader Michaël van de Poppe.l Altcoins may start posting gains by October MN Trading Capital co-founder Michaël van de Poppe said in an X post on Thursday that he is “all-in” on altcoins, adding there could be […]
Vitalik backs Ethereum treasury firms, but warns of overleverage
Vitalik Buterin said public companies that buy and hold Ether broaden the token’s access to a wider range of investors, but cautioned on leveraging too heavily. Ethereum co-founder Vitalik Buterin threw his support behind Ether ETH$3,893 treasury companies, but warned that the trend could spiral into an “overleveraged game” if not handled responsibly. In an interview […]
