Daehong Communications, a subsidiary of Lotte Group, one of South Korea’s leading conglomerates, announced the launch of a new “money movement” focused blockchain ecosystem on the Aptos blockchain. At the time of writing, the price of Aptos (APT) was trading around $4.53. Lotte Group Subsidiary Daehong Communications Launches Blockchain Ecosystem on Aptos In the first phase of the project, Giftiel, Daehong Communications' mobile gift voucher service, was integrated with the Aptos blockchain. This move aims to make digital coupon and mobile gift systems more transparent, secure, and traceable by moving them to the blockchain infrastructure. Lotte Group, one of South Korea's largest retail and business groups, is also stepping up its digital transformation efforts with investments in blockchain and Web3 technologies. This integration of Daehong Communications is considered the first step in Lotte's broader vision for blockchain-based payment and loyalty systems. *This is not investment advice. Continue Reading: South Korea's Leading Company Announces Launch of Blockchain Ecosystem on This Altcoin Network! Here Are the Details
2025-07-30 18:48
A noticeable stagnation is evident in the crypto markets. Bitcoin is trading sideways in the $116,000-$120,000 range, while Ethereum is losing momentum around $3,800, according to the latest analysis from QCP Capital. QCP: Signs of Crypto Market Fatigue, Eyes on US Data Analysts say that the fact that prices have not increased significantly despite recent positive news indicates market fatigue. QCP emphasizes that the third-quarter outlook will be particularly dependent on US inflation and employment data. While the market's sensitivity to macroeconomic developments has increased, investors are observed to be adopting a cautious stance. In an environment where inflation expectations remain high, the steps taken by the US Federal Reserve (FED) will determine the direction of crypto assets. QCP Capital stated that Bitcoin is holding at a strong support level, but upward momentum remains weak. On the Ethereum side, buying pressure has weakened, leaving room for potential corrections. It's emphasized that fundamental data must be supportive for the market to regain momentum in the short term. *This is not investment advice. Continue Reading: According to QCP Capital's Latest Analysis, Bitcoin is at $116,000–$120,000, with All Eyes on the Fed's Interest Rate Decision! Here are the Details
2025-07-30 18:10
London-based web design firm The Smarter Web Company has achieved remarkable success by surpassing the 2,000 BTC threshold following its transition to a Bitcoin-focused treasury strategy. British Web Design Company The Smarter Web Company Surpasses 2,000 BTC Treasury The company announced today that it has purchased an additional 225 BTC. The purchase was made for a total of £19.91 million (approximately $26.57 million) at an average price of £88,482 ($118,080) per unit. This new acquisition follows the company's announced £19.7 million fundraising, which involved the issuance of 6,057,914 new shares at a price of approximately £3.25 per share. The Smarter Web Company currently holds a total of 2,050 BTC. These Bitcoins were purchased at an average cost of £81,346 ($108,556), bringing the total spend to £166.76 million ($222.54 million). With this size, the company became the largest institutional Bitcoin holder in the UK and among the top 25 public Bitcoin treasuries globally. The company's CEO, Andrew Webley, stated that they purchased more than 1,500 BTC in July alone and aim to quickly become one of the top 20 treasury holders. Currently trading at $118,085, the company is reportedly making a profit of $19.53 million, a gain of approximately 8.8% on paper. The company, which has been accepting payments with Bitcoin since 2023, announced in April that it would shape future growth in this direction by adopting a Bitcoin treasury policy. After the company began trading on the Aquis Exchange on April 25 under the symbol SWC, its shares quickly surged 20,000% to £605 after the announcement of its treasury strategy, before falling 70% to £192.66. The stock is currently trading flat at £208.45. *This is not investment advice. Continue Reading: London-Based Web Design Firm The Smarter Web Company Announces It Acquired Bitcoin! Here's the Total BTC It Holds!
2025-07-30 17:33
According to Coindesk, the White House has released a preview of the long-awaited Digital Assets Report. It was stated that the report initially did not include details about the Bitcoin strategic reserve. Bitcoin Did Not Take Place! The 120-page report outlined rules for topics such as stablecoins and token classification, but also mentioned a clear plan for a national Bitcoin (BTC) reserve. The report by the group, tasked by President Donald Trump to recommend policies on cryptocurrency markets, appeared to urge federal regulators to use their authority to set clearer rules on trading digital assets and facilitate the adoption of new financial products. “By implementing these recommendations, policymakers can ensure the United States leads the blockchain revolution and ushers in a Golden Age of Crypto,” the White House said in a memorandum on the Digital Asset Markets Working Group’s report. Stablecoins, seen as “strengthening the role of the US dollar,” are prominent among the proposals. The working group is urging institutions to swiftly implement the GENIUS Act, which established a federal framework for stablecoins, after President Trump signed it into law earlier this month. The working group also requested that the SEC and CFTC, the major US financial institutions, eliminate ongoing regulatory oversight gaps for the cryptocurrency sector and “immediately enable the federal trading of digital assets by providing clarity to market participants regarding registration, custody, trading, and record keeping.” The report also highlighted the benefits of integrating DeFi technology, which offers the opportunity to borrow and lend through cryptocurrencies through fast and automatic transactions, into the traditional financial system. *This is not investment advice. Continue Reading: Details Announced for the Highly Anticipated Report: Bitcoin (BTC) Missed, But the Golden Age for Crypto Has Begun!
2025-07-30 16:53
As XRP continues to rise in 2025, another piece of good news has arrived. XRP futures volume on Kraken has surpassed Solana trading volume for the first time, Coindesk reported. XRP Surpasses Solana! XRP futures trading volume on Kraken Exchange has surpassed Solana (SOL) futures volume for the first time. According to the data, XRP futures volume reached $3.48 billion in July, surpassing Solana's volume of $3.23 billion. Alexia Theodorou, head of derivatives at Kraken, said that the surge in XRP trading volume was due to the rally it experienced after the favorable resolution of the US SEC case and the arrival of a crypto-friendly US administration. “While the price of XRP has increased by more than 40% this month, Solana’s increase over the same period has been only 17%. The increase in XRP futures volume reflects renewed optimism towards XRP. With the conclusion of the lawsuit between Ripple and the SEC, market confidence in XRP has increased. Despite XRP's volume leadership on Kraken, Solana still dominates global futures open interest with $10.69 billion compared to XRP's $8.53 billion open interest. *This is not investment advice. Continue Reading: XRP Sets New Records This Year: Surpasses Long-Territorial Altcoin for the First Time!
2025-07-30 16:49
Recently, altcoins have experienced significant volatility, led by Ethereum (ETH). As ETH approaches the critical threshold of $4,000, altcoins have also seen significant gains. While there was a cooling period in the market after this rapid rise, Swiss cryptocurrency bank Sygnum Bank said that the altcoin season may be near. According to Cointelegraph, Sygnum Bank said in its recently published Q3 2025 Investment Outlook Report that improved regulatory clarity, increased liquidity, and rising on-chain activity could trigger a long-awaited altcoin season. Analysts emphasized that previous cryptocurrency bull cycles followed a predictable pattern, with Bitcoin leading the way, followed by altcoins later in the cycle. They noted that this pattern has changed in the current cycle, noting that this cycle is no longer following this pattern due to changes in market structure and a lack of user interest, and is more focused on BTC. The approval of Bitcoin ETFs during this cycle has caused Bitcoin's dominance to rise to levels not seen in recent years. This, according to analysts, has further overshadowed altcoins. However, analysts noted that the recent decline in BTC dominance suggests the long-awaited altcoin season may be upon us. They also added that investment in altcoins could increase as cryptocurrency regulations become clearer. Referring specifically to the recent surge in institutional demand for Ethereum, Sygnum analysts said that ETH has definitively broken its long-term downtrend and completely escaped the prolonged bear market. Analysts recently noted that while indices are still far from signaling an altcoin season, the decline in Bitcoin's dominance has bolstered hopes for an altcoin season. Sygnum also added that the altcoin season will be slower and much quieter than previous cycles. The shift from Bitcoin to altcoins was a hallmark of past crypto bull cycles and was widely expected in the current cycle as well. However, unusually strong Bitcoin drivers and changes in market structure, where traditional financial institutions play a much larger role, have delayed the altcoin season and will likely keep it much quieter than in past cycles. *This is not investment advice. Continue Reading: Giant Bank Says "Ethereum (ETH) Has Now Recovered from the Drop!" Announces Expectations for the Altcoin Season!
2025-07-30 16:21
2025 will be a significant year for XRP, as well as Bitcoin (BTC), as the world's largest futures and options exchange, CME Group, launched XRP futures trading in May. With this move, XRP joins CME's crypto offerings, which include Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) futures. Apart from CME's XRP move, there was another major move that paved the way for the spot XRP ETF. Accordingly, the first XRP ETF launched in the US at the beginning of April. Teucrium Investment Advisors, an independent ETF issuer, launched a 2x leveraged XRP ETF on NYSE Arca on April 8. Related News: Attention Ripple Investors! A First for XRP Will Happen in the US Today! While these moves bring us one step closer to the spot XRP ETF, Teucrium CEO Sal Gilbertie spoke about XRP ETFs. Speaking to CNBC, Gilbertie said that XRP ETFs have been a huge success and the company has made huge profits from XRP. At this point, the CEO stated that XRP could be a major player in the next phase of the cryptocurrency market. “There is tremendous interest in XRP. They call it the XRP army, and I realized there was a reason for that. Then we launched the XRP fund. It will be 16 weeks tomorrow and the money coming in is truly phenomenal. Hundreds of millions of dollars have come into the company, including XRP funding. This is our most successful fund. And we've never seen a response like this before.” Gilbertie also stated that he is personally a big supporter of XRP, saying, “I'm an XRP enthusiast, and when I saw the opportunity to apply and get it approved, I saw the opportunity to leverage and give investors what they wanted by holding derivatives, not XRP itself. They clearly wanted some leverage. Then we launched it, and it immediately got a lot of interest.” *This is not investment advice. Continue Reading: Ripple's Unprecedented Success! CEO of the Giant US Company Announces: "Our Company's Best Product is XRP!"
2025-07-30 15:42
A partnership announcement came from Coinbase and JPMorgan, two giants of the industry. Coinbase has partnered with JP Morgan to enable credit card purchases on its platform and allow Chase customers to earn points and redeem them for USDC, according to an official announcement. Coinbase stated that with this partnership, starting this fall, bank customers will be able to use Chase credit cards to make purchases on Coinbase. Coinbase also stated that customers will be able to exchange Chase Ultimate Rewards Points for USDC starting in 2026, saying, “For the first time, points from a major credit card rewards program will be redeemable for cryptocurrency rewards. Chase customers will be able to convert their Chase Ultimate Rewards points into USDC on Coinbase.” Coinbase also added that customers will be able to link their Chase account directly to Coinbase starting in 2026. This will allow Chase customers to seamlessly link their bank accounts to Coinbase as a quick and easy way to purchase cryptocurrency, in addition to all existing integrations. “We are excited to announce a partnership with JPMorgan Chase, the largest bank in the US, to accelerate cryptocurrency adoption. We're partnering with Chase to offer their over 80 million customers 3 new ways to participate in crypto with Coinbase.” We're partnering with @Chase to accelerate crypto adoption. Coming soon: → Use Chase credit cards on Coinbase → Redeem rewards points for USDC → Directly link Chase accounts to Coinbase Bridging tradfi to crypto. pic.twitter.com/ObxIaMWI3J — Coinbase (@coinbase) July 30, 2025 *This is not investment advice. Continue Reading: JUST IN! Coinbase and JPMorgan Announce Surprise Cryptocurrency Partnership! "This Will Be the First!"
2025-07-30 15:21
According to Reuters, the Indonesian Ministry of Finance announced that the tax rate on cryptocurrency transactions will be increased starting August 1. According to new regulations from the Indonesian Ministry of Finance, cryptocurrency transactions will be taxed starting August 1, and transactions made on overseas exchanges will be taxed at a higher rate. The tax rate for sellers on domestic platforms will be increased from 0.1% to 0.21%, and for sellers on international platforms, the rate will be increased from 0.2% to 1%. The value added tax (VAT) on Bitcoin and cryptocurrency mining will also rise from 1.1% to 2.2%. Meanwhile, the value-added tax (VAT) previously imposed on buyers will also be abolished. Furthermore, the current 0.1% special income tax on mining will be phased out by 2026, with mining revenues subject to standard personal or corporate tax rates. Bitcoin and cryptocurrencies are a popular investment option in Southeast Asia's largest economy, where they can be legally bought and sold but not used as payment. According to regulatory data, the total transaction value of cryptocurrencies is expected to triple year-on-year to over 650 trillion rupees ($39.67 billion) in 2024. Crypto exchanges in the country also had over 20 million users in 2024. Binance-backed exchange Tokocrypto said it welcomed changes reflecting Indonesia's shift from classifying cryptocurrencies as commodities to financial assets, but recommended a minimum one-month period for companies to comply. *This is not investment advice. Continue Reading: Tax Shock to Bitcoin from a Country with Millions of Cryptocurrency Users!
2025-07-30 15:03
