JPMorgan has raised its investment rating for HashKey, a Hong Kong-listed digital asset financial services firm, from “Neutral” to “Overweight,” signaling increased confidence in the company’s near-term performance and long-term profitability prospects. The bank maintained its price target of five Hong Kong dollars per share. What Prompted the Upgrade According to a report by BlockBeats,
In a groundbreaking move to advance the adoption of real-world assets and build a vibrant ecosystem for innovative Web3 projects, Spores Network, a multichain launchpad platform, today entered into a strategic partnership with RBCDigitalGold, a gold-backed RWA network. The collaboration enabled Spores Network to combine its multi-chain launchpad with RBCDigitalGold’s real-world asset platform, an integration
Bitcoin broke below $73,000 for the first time in months as fresh U.S. strikes on Iran sent risk assets lower and triggered one of the largest liquidation events of the year. Bitcoin traded at $72,978 in Asian hours Thursday, down 3.4% over 24 hours and 6.3% over the past seven days, per CoinDesk data, after
M3 DAO has announced a partnership with Matrix Labs (MatrixOnBNB on chain) to build AI powered blockchain infrastructure for tomorrow’s Web3 applications. As the line between AI and blockchain disappears, the partnership hopes to design, build and scale the next-generation decentralized infrastructure for the future of Web3. M3 DAO and Matrix Labs aim to combine
As part of efforts to address limitations in user experience and automation, Arc, an EVM-compatible Layer-1 blockchain built by Circle for stablecoin-focused finance, today entered into a strategic partnership with SumPlus, an AI-powered decentralized platform. This alliance enabled Arc to integrate AI agents from SumPlus’ AI-driven decentralized network to enhance stablecoin usability, autonomy, and security
Tokyo-listed Bitcoin Japan Corporation has invested in SpaceX through a U.S.-based private secondary market transaction tied to digital infrastructure and AI expansion. According to a press release shared with crypto.news, Bitcoin Japan made the investment through BTCJPN US LLC, its wholly owned U.S. subsidiary, using a Special Purpose Vehicle managed by a registered U.S. general
India’s market regulator has moved ahead with a pilot project for tokenized corporate bonds, testing whether distributed ledger technology can improve liquidity and settlement efficiency in the country’s debt markets. Speaking on the sidelines of the CareEdge Debt Market Summit in Mumbai on May 26, Securities and Exchange Board of India Chairman Tuhin Kanta Pandey
Bitcoin has fallen more than 3% over the past 24 hours as traders reacted to renewed Middle East tensions, persistent ETF outflows, and a fresh rejection below a major technical resistance zone. According to data from crypto.news, Bitcoin ($BTC) price dropped from around $77,880 to nearly $75,220 overnight before recovering slightly toward $75,700 during early
Strategy (formerly MicroStrategy) CEO Phong Le just bought $5,467 of his company’s STRC preferred shares for two of his children. The same man earned over $37 million running the company over the past three years, including $13.7 million in total executive compensation during fiscal 2025 alone. Not that it makes the figure any better, but
After losing 90% of its stock price over the past year, the first US-listed Solana (SOL) treasury company, DeFi Development Corp, filed a clever maneuver yesterday. Relocating from Delaware to Nevada, it is now much harder to fire members of its Board of Directors. In a new SEC filing yesterday, the once-$600 million, now-$118 million