Crypto News

Solana Mobile made two announcements focused on disrupting the current mobile phone ecosystem: Its second hardware development, the Seeker phone, will begin shipping on August 4. Along with it, a new platform called TEEPIN will also debut, featuring an ecosystem token at its center. Solana Mobile Launches TEEPIN, Announces Shipping Date for Seeker Solana MobileSource link

Bitcoin (BTC) Pizza Day is here and it just got its most fitting tribute yet: a new all-time high.Bitcoin surged past $111,800 early Thursday, setting a fresh record. 15 years ago on this day developer Laszlo Hanyecz paid 10,000 BTC for two Papa John’s pizzas, then worth roughly $40.The May 22, 2010, purchase marked the first recorded commercial transaction using BTC, a turning point that took the asset from cypherpunk code to actual currency.That same 10,000 BTC can buy over 70 million pizzas at current prices. It is worth over $1.1 billion as of Thursday.Hanyecz has long shrugged off the missed fortune” tag, telling CBS in 2019 that the transaction made bitcoin “real” to him. He mined the coins back...

The Pakistani Ministry of Finance has announced a significant initiative to regulate digital assets in the country, unveiling plans for the establishment of the Pakistan Digital Assets Authority (PDAA). This dedicated body aims to oversee the blockchain-based financial infrastructure, ensuring compliance with Financial Action Task Force (FATF) standards while promoting economic inclusion and responsible adoptionSource link

Bitcoin's (BTC) price has surged to record highs, sparking optimism among investors. However, expected hedging activities of market makers/dealers, often an invisible force, at certain price levels, may slow the ascent.The leading cryptocurrency topped the $111,000 mark during the Asian hours, with analysts anticipating stronger demand."The OTC supply may be drying up, driving up prices. This would not be reflected in exchange trading volumes or the derivatives market. If this is the case, get ready for a wild ride, as more demand is coming on board with a competitive bitcoin corporate treasury environment and, perhaps, a less elastic OTC spot market," Alexander S. Blume is the founder and CEO of Two Prime, an SEC-Registered Investment Advisor, said in a Telegram chat.Blume...

Texas lawmakers have approved a bill to create a state-run Bitcoin reserve, leaving one final procedural step before it can become law.Source link