Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.
JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
Umate subsequently announced its support for users to use AVAV tokens to access videos of AV stars, including HongKongDoll.
XRP Poised for Potential Surge Amid Mixed Community Views
With Coq Inu pushing prices up, the biggest question on everyone's minds is - when will loyal supporters of the AVAX chain get their airdrop and a piece of the action?
Revolut halts UK crypto services in compliance with new rules; industry trend sees companies adapting to regulatory changes.
In a bid to address concerns over rampant bot activity and engagement issues on popular microblogging platform X, /Reach, a web3-centric social platform, officially launched on 18 December. Following a successful beta phase with 6,000 users onboarded, the platform sets out to redefine the crypto social space.
Wilcox, in a blog post, cited concerns about his personal identity becoming overly associated with Zcash during his tenure as CEO. He expressed the belief that this dynamic could be detrimental to both himself and the cryptocurrency.
Montenegro Appeals Court halts Do Kwon's extradition, citing procedural issues, complicating the international legal case.
Ripple Labs has secured a VASP license in Ireland, expanding its reach in Europe and aligning with its global regulatory success.
Ripple marks a significant win as its Irish subsidiary, Ripple Markets Ireland Limited, receives registration as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. This approval allows Ripple Markets to offer specific digital asset services within Ireland, signifying a crucial milestone in Ripple's strategic expansion plan.
Binance introduces new altcoin pairs, including Turkish Lira, and launches Trading Bots services, alongside a fee waiver promotion.