Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.
JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
In the wake of the country's crackdown on Binance, the Philippines' securities regulator has shifted its focus to the online trading platform eToro.
Wilcox, in a blog post, cited concerns about his personal identity becoming overly associated with Zcash during his tenure as CEO. He expressed the belief that this dynamic could be detrimental to both himself and the cryptocurrency.
The lawsuit examines eToro's assessment method to determine if retail customers fell within the intended market during the period from Oct. 5, 2021, to July 29, 2023.
Trading platform eToro is delisting four crypto assets for U.S. customers, citing recent developments. From July 12, U.S. customers will no longer be able to open new positions in the tokens but can continue to hold and sell existing positions.
社交交易和投资公司eToro周二宣布,从7月12日开始,美国客户将无法发起ALGO、MANA、DASH和MATIC的新交易,承认是美国的监管环境快速变化所导致。
Stock trading is coming to Twitter. And, reportedly, crypto trading. Via a new partnership with eToro, users can now make use of eToro’s market charts on a range of financial investments, simply by searching for the relevant "cashtag," usually by putting a "$" sign in front of the ticker, like "$TSLA" for Tesla stock. A chart then appears, reflecting the asset’s 24-hour price performance along with a link that says “View on eToro” where users can then view more in-depth market information and p...
Twitter变身“超级应用程序”,为用户提供透过eToro购买股票、加密货币及其他金融资产的选项。
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago.
Some projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship ...
The move came as a surprise to some users, as ADA has not been on the watchdog’s radar in the near term.