Crypto news
The United States Securities and Exchange Commission (SEC) has postponed its decision on proposed Solana ETFs by Bitwise, 21Shares, VanEck, Canary Capital, and Fidelity, citing market manipulation and investor protection concerns. This delay, made public through a filing on May 19, has extended the review process into the second half of 2025 and opened the…
Ethereum (ETH) and Bitcoin (BTC) have started the week with a sharp pullback that has erased last week’s gains. After a period of bullish momentum, the two leading cryptocurrencies saw a wave of sell-offs that sent prices tumbling on Sunday and in the early hours of Monday. Nevertheless, while the broader crypto market remains volatile,…
Brazilian fintech firm Méliuz has acquired $28.4 million worth of Bitcoin, becoming the first Brazilian listed company to add BTC to its treasury reserve. This groundbreaking move, announced by the chairman of the company, Israel Salmen, marks a significant milestone for Brazil’s financial landscape. Moreover, it underscores the rising acceptance of cryptocurrency among publicly traded…
Solana’s leading crypto wallet, Phantom, has unveiled its liquid staking token, PSOL, adding to the expanding Solana liquid staking ecosystem. The PSOL token will enable users to stake SOL while retaining liquidity for decentralized finance (DeFi) activities. Solana liquid staking market surge Solana’s liquid staking ecosystem is experiencing rapid growth, fueled by tokens like PSOL….
AlAbraaj Restaurants Group, a publicly listed hospitality company on the Bahrain Bourse, has announced the integration of Bitcoin (BTC) into its corporate treasury. The move positions AlAbraaj as the first listed company in the Gulf Cooperation Council (GCC) and the broader Middle East to embrace a dedicated Bitcoin reserve strategy. With an initial purchase of…
Franklin Templeton has secured approval from the Monetary Authority of Singapore (MAS) to launch its tokenized US dollar short-term money market fund (MMF). This positions Singapore as a global leader in financial innovation, with Franklin Templeton pioneering accessible investment opportunities through blockchain technology. The new fund, designed to democratize access to money market investments, marks…
