National Bank of Bahrain launches a Bitcoin investment fund

The National Bank of Bahrain launches the GCC’s first Bitcoin investment fund. The fund offers accredited investors exposure to Bitcoin as a capital-protecting option. Bahrain ranks fifth globally in Bitcoin holdings, emphasizing its crypto-friendly stance. The National Bank of Bahrain (NBB) has made headlines with the launch of a groundbreaking investment fund aimed at providing […]

Crypto market on a free fall as Iran launches missiles into Israel

Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2.72% to $2.18 trillion. The global crypto market has witnessed a sharp decline following reports of Iran firing missiles into Israel. The heightened geopolitical tensions have sent shockwaves through financial […]

Unisat-backed Bitcoin scaling solution Fractal Bitcoin launches mainnet

Fractal Bitcoin launches mainnet, leverages Bitcoin Core code for enhanced scaling. The network offers sub-30-second block confirmations and a 20x capacity increase. The network’s native token, FB, supports proof-of-work mining, with half pre-mined for allocations. Fractal Bitcoin, a groundbreaking Bitcoin scaling solution, has officially launched its mainnet, ushering in a new era for Bitcoin scalability. […]

Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading

Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with Crypto Finance AG and will use Fireblocks for secure custody. The services are available only to Swiss residents with the necessary agreements signed. Zurich Cantonal Bank, Switzerland’s fourth-largest bank locally known as Zürcher Kantonalbank (ZKB), […]

Babylon Bitcoin staking drives BTC fees higher as mainnet launches

Babylon’s Bitcoin staking launch on August 22 drove transaction fees to $132-$137. Over 12,700 stakers quickly filled the “locking-only phase” of Babylon’s program. Babylon raised $70M in May 2024, following an $18M Series A in December 2023. On August 22, Babylon, a pioneering Bitcoin staking system, marked a significant milestone with the launch of the […]

Grayscale launches investment fund for AVAX Token, fueling market surge

Grayscale launches Avalanche Trust, offering exclusive AVAX exposure for investors. AVAX price surged to $25.16, with a nearly 9% increase in Avalanche Open Interest. The new fund enhances Grayscale’s portfolio, aligning with its crypto strategy. Grayscale Investments, the world’s largest crypto fund manager, has announced the launch of a new investment fund dedicated to Avalanche […]

El Salvador launches civil servants Bitcoin certification, collaborates with Argentina

El Salvador launches 160-hour Bitcoin certification for 80,000 civil servants. The program aims to enhance governance and build a Bitcoin-ready workforce. Argentina collaborates with El Salvador to learn from its Bitcoin adoption success. The El Salvador government, through its National Bitcoin Office (ONBTC), has embarked on an ambitious initiative to upskill 80,000 civil servants with […]

Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading

Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hurdles. Futu Securities International, Hong Kong’s largest online broker, has introduced retail cryptocurrency trading in the city, […]