In a significant development that could reshape corporate engagement with digital assets, U.S. Nasdaq-listed Faraday Future (FFAI) has announced its intention to pursue a plan to spin off its Faraday Future crypto arm for a separate public listing. This move signals a growing trend among established companies to strategically carve out their blockchain and cryptocurrency
Key Takeaways Prenetics, a NASDAQ-listed healthcare and diagnostics company, currently holds 228 Bitcoin. The company is actively buying 1 Bitcoin every day as part of its corporate treasury strategy. NASDAQ-listed Prenetics now holds 228 Bitcoin and is purchasing 1 Bitcoin daily, the company announced today. The healthcare and diagnostics company has joined the growing list
Velo Protocol, a popular Web3 financial solutions platform, has partnered with fintech firm Lightnet and RWA tokenization company OpenEden. The partnership seeks to offer Treasury-as-a-Service (TaaS) and ASEAN Settlement Network, combining conventional finance with blockchain-led innovation. As Velo Protocol’s official press release discloses, the collaboration denotes a crucial move in boosting compliant adoption of digital
Key Takeaways OKX’s X Layer recorded 71,400 active addresses on September 12, reaching a historic high for the network. Total number of addresses on X Layer has surpassed 4 million. OKX’s X Layer blockchain recorded 71,400 active addresses on September 12, marking a new high for the network. The milestone pushed the total number of
Bitcoin dominance just slipped to the lowest level since February, settling around 57.2 percent. That drop is not a small adjustment. It is clearly a signal that capital is moving out of Bitcoin and into other parts of the crypto market. Anytime bitcoin dominance is breaking down like this, the pattern tends to mark a
BlackRock has bought $1.03 billion worth of Bitcoin over the last five days through its iShares Bitcoin Trust (IBIT) ETF. As reported by Coin Bureau, this move is showing how the interest in cryptocurrency is growing from big investors. And also shows that major firms are taking digital assets more seriously. Big Money Flows into
Japan’s proposal to cut crypto gains tax from as high as 55 percent to a flat 20 percent by fiscal 2026 is clearly more than a tax adjustment. It looks like a structural shift in how the country wants to treat digital assets. The current system lumps crypto into miscellaneous income and pushes top earners
The Smarter Web Company is closing another strong week. This is led by new funding, a Bitcoin purchase and growing recognition in traditional finance and crypto circles. CEO Andrew Webley shared his reflections in the company’s weekly update. He highlights key milestones and sets the stage for more expansion ahead. SWC began the week by
Morgan Stanley and Deutsche Bank both predicted the Fed would cut interest rates at its remaining three meetings this year. In separate reports, the two institutions said they expect 25 basis point cuts at the September, October, and December meetings. Both institutions had previously projected only one rate cut in September and December. This week’s
There is a high likelihood that the United States government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year, says Galaxy Digital’s head of firmwide research, Alex Thorn. However, other industry executives are less confident. “I still think there’s a strong chance the US government will announce this year that