Key Takeaways SBI Holdings expects to launch Japan’s first crypto ETFs, focusing on XRP, Bitcoin, and a blended ‘Digital Gold’ ETF. The crypto ETF will provide investors with direct exposure to both XRP and Bitcoin via traditional financial instruments. Share this article SBI Holdings, Japan’s financial conglomerate with active operations in banking, securities, asset management, and fintech, has floated plans to introduce Bitcoin and XRP exchange-traded funds (ETFs) on the Tokyo Stock Exchange, subject to forthcoming regulatory changes.In its latest financial results presentation, SBI has outlined two proposals designed to capture the growing demand for digital asset management and take…
Author: ₿e Proud
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Stablecoins have gone from niche payment rails to the backbone of crypto activity in 2025. Their market cap hit $204B by the end of 2024, up 64% year-over-year. This boom was fueled by the Trump administration’s decision to drop a federal CBDC and back stablecoins as its private-sector ‘digital dollar,’ led by ‘Crypto Czar’ David Sacks. And the impact is clear in how we use wallets. Visa Onchain data shows $37.5T in stablecoin transactions over the last year, with more than half tied to small-value, real-world transfers.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Regulators in the Philippines have issued a sharp warning to anyone trading digital assets without proper local approval. Based on reports from the Securities and Exchange Commission, 10 major crypto exchanges are operating in the country without the required registration under the new rules that took effect July 5, 2025. Investors who use these platforms face the risk of losing all their funds if something goes wrong, with no legal backup to turn to. SEC Lists Unregistered Exchanges According to the SEC, Bybit and OKX top the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The July rally, along with the one earlier this year, has, for all intents and purposes, confirmed the broader bullish sentiment surrounding crypto in 2025. With multiple spot crypto ETFs expected to be approved in Q3, and the Fed likely to slash interest rates in its next meeting, experts believe we’re on the cusp of a major rally unlike the ones we’ve seen so far in 2025. That makes right now the perfect time to stack your portfolio with explode-worthy tokens that could ride this momentum straight…
Key Takeaways Changpeng Zhao filed a motion to dismiss a $1.7 billion lawsuit filed by an FTX trust related to a share repurchase agreement. The lawsuit alleges Binance and its executives received improper funds, but Zhao contests US jurisdiction and claims legal deficiencies. Share this article Changpeng “CZ” Zhao, the co-founder of Binance, has filed a motion to dismiss a lawsuit from FTX’s bankruptcy estate, which is seeking to claw back $1.7 billion tied to a 2021 share repurchase agreement, according to a new report from Bloomberg Law.In November 2024, FTX’s bankruptcy estate sued Binance and CZ, alleging that their…
Bitcoin prices rebounded again after first colliding with $112,000 in crash drop. This was spurred by profitability as digital assets rose to levels not seen before in July 2025. However, this recovery does not mean that Bitcoin is completely out of the water, especially given the fact that it has been pulled back to what is considered bearish at this point. Bearish FVG can crash Bitcoin prices In the analysis, crypto analyst Kamran Asghar revealed that Bitcoin retrace has returned to a bearish fair value gap (FVG) and is temporary and short-lived. This is where, after a small bounce from…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Shiba Inu has kicked off a formal, multi-stage voting process to select the project’s first interim “network president” and seat councils for each DAO, a governance overhaul framed by the team as “the true birth of a network state.” In an August 4 post titled ELECTIONS, the project’s lead figure Shytoshi Kusama wrote that “a new lead visionary and councils for each dao will need to be chosen,” calling the moment “the true birth of a network state.” Shiba Inu To Elect New Leader Kusama simultaneously reiterated…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has called for the protection of crypto privacy rights and open-source development ahead of the crucial verdict of the Tornado Cash co-founder’s trial. In Defense Of Crypto Privacy, Developers On Monday, SEC Commissioner Hester Peirce defended the crypto privacy sector, affirming that US authorities should welcome privacy-protecting technologies and safeguard individuals’ right to self-custody their digital assets. At the Science of Blockchain Conference, the crypto-friendly commissioner stated that lawmakers and regulators must take concrete steps to protect individuals’…
Key Takeaways OpenAI is considering a secondary stock sale at a valuation of about $500 billion, a two-thirds increase from its last valuation. Microsoft remains the primary investor holdout as OpenAI discusses its future as a for-profit entity and talent retention challenges. Share this article OpenAI is exploring a multi-billion-dollar secondary stock sale that could increase its valuation to nearly $500 billion, Bloomberg reported Tuesday. Last Friday, the AI giant, led by Sam Altman, was said to have secured over $8 billion in its latest funding round, boosting its valuation to $300 billion. The company plans to raise a total…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain analytics firm Glassnode has revealed the Tron (TRX) cohort that has been responsible for the latest profit-taking event on the network. Tron Has Just Seen Its Largest Profit-Taking Wave In Months In a new thread on X, Glassnode has discussed about the profit-taking spree that has just occurred on the Tron network. Over the last 24 hours, the Realized Profit has hit $1.4 billion, which is the second largest amount for 2025 so far. How Tron compares in Realized Profit against the other top assets…