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China’s National Blockchain Network: What It Means for Crypto
China has announced a national blockchain infrastructure project to modernize its economy, but Bitcoin and decentralized cryptocurrencies remain excluded. This move reinforces the country’s CBDC ambitions while highlighting the growing divide between state-controlled and permissionless blockchain networks.
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Bitcoin Miner Pivots to AI: €800M Raise Signals New Era
SWI Group has raised €800 million to transform former Bitcoin miner Genesis Digital Assets into a transatlantic AI data center platform. This move highlights a growing trend of crypto mining companies pivoting toward artificial intelligence infrastructure.
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Morgan Stanley Tokenized Stocks: Launch by Early 2027
Morgan Stanley plans to launch tokenized stocks by early 2027 through its alternative trading system, betting on a market that could reach $10 trillion by 2030. This move signals a major convergence between Wall Street and blockchain technology.
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Evernorth Taps Former Coinbase Exec for $473M XRP Treasury
Evernorth has appointed a former Coinbase investment executive to manage its $473 million XRP treasury ahead of a planned Nasdaq debut. The company plans to deploy capital through lending, liquidity provision, and DeFi yield strategies, signaling major institutional confidence in XRP.
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Kraken Gets VARA License: UAE Crypto Expansion
Kraken has secured a full operating license from Dubai’s VARA, enabling it to launch AED trading, staking, and xStocks tokenized equities in the UAE. The move reinforces Dubai’s position as a global crypto hub and signals growing institutional maturity across the industry.
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Standard Chartered Launches XRP Ledger Custody: Big Banks Adopt Ripple
Standard Chartered has officially deployed Ripple technology to launch institutional custody on the XRP Ledger, while Bitcoin holds above $83,300 after a massive $229 million short squeeze. Together, the moves signal accelerating institutional adoption across the crypto market.
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Bitcoin Holds $80K Despite $681M ETF Outflows and Oil Spike
Bitcoin is holding above $80,000 despite $681M in weekly spot ETF outflows and Brent crude surging past $100. The resilience signals growing maturity, but institutional demand remains the key test for BTC’s next major move.
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Ledger Tracks $103M Stolen Crypto Through Tornado Cash
Ledger successfully traced $103 million in stolen cryptocurrency through privacy mixers Tornado Cash and Zcash, while Tether froze $10 million in stolen USDT. The investigation shows that even sophisticated money-laundering techniques can be unraveled on the blockchain.