Crypto News

Another Publicly Traded Firm Is Putting Bitcoin in Its Treasury—XRP Too

Nasdaq-listed auto parts firm Worksport said Thursday that it would buy $5 million in Bitcoin and XRP as a diversification strategy.Source link

Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates

Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting at 0.4%. Bitfufu Expands Services With Low-Commission Bitcoin Mining Pool The service, set to roll out next week, will be accessible via the Bitfufu app and is exclusively focused on Bitcoin mining. The company, BitfufuSource link

More Than a Meme? Bitcoin Tops $100K as the McRib Returns

"Fade the McRib at your own expense," one believer told Decrypt. Why the fan-favorite McDonald's sandwich is seen as a Bitcoin price signal.Source link

Circle Claims Bragging Rights of USDC Becoming First Regulated Stablecoin in Canada

Stablecoin issuer Circle said on Wednesday it has committed to meet tighter regulations in Canada that allows its $40 billion USDC stablecoin to continue to be listed on exchanges."USDC is the first stablecoin to achieve this milestone," the company said in a press statement. "Circle continues to engage with Canadian authorities in their development of a regulated market for global stablecoins, which has the potential to bring significant efficiency gains to Canadian cross-border, retail, and institutional settlement systems."Circle's announcement happened as pressure mounts on crypto companies operating in the country to comply with stricter rules by the end of this year.The Canadian Securities Administrators (CSA) started to roll out tighter regulations to govern digital assets last year, including guidelines for...

Ethereum’s $4,000 Struggle: A Modest Gain Amid Bitcoin’s $100K Glory

While bitcoin (BTC) climbed into the $100,000 range, ethereum (ETH) took a modest step upward with a 2% increase but still couldn’t cross the $4,000 threshold. ETH Faces a $4K Wall: Modest Gains as Market Eyes Bitcoin’s Triumph The second-largest cryptocurrency by market capitalization—and the 26th most valuable asset globally—ethereum has seen some positive movement,Source link