Cryptocurrency - Page 49 of 151

Vinanz Secures $4M Investment to Scale Bitcoin Operations, Eyes NASDAQ Listing

Vinanz (BTC.L) just pulled in $4 million to step up its Bitcoin hustle — and it’s not stopping there. The company, already listed in London and trading on the U.S. OTCQB as VINZF, is now setting its sights on a potential NASDAQ debut.

The deal was announced on May 14, 2025, with funding led by Dominari Securities and backed by a global investment heavyweight. Here’s the breakdown: the first $2M is already in, and it’s being used to level up Vinanz’s Bitcoin holdings. Another $2M could drop later if certain boxes get ticked.

This isn’t free money though. There’s 5% interest and a 12-month payback clock for each tranche. The investor can flip the debt into shares at 25p a pop or 95% of the lowest price in the past 10 days, but they can’t go over 4.99% ownership, and there’s a 90-day cooldown unless the stock hits that 25p mark.

Vinanz’s chairman, David Lenigas, says this funding hit at just the right time. With Bitcoin gaining more legit status globally, the company wants to stock up and look attractive for that NASDAQ leap — a move that could bring in the big institutional players.

The company already has mining ops spread across Indiana, Iowa, Nebraska, Texas, and Labrador, Canada, and they’re looking to scoop up regulated Bitcoin ETFs too. It’s all part of a bigger play to own a serious slice of the crypto pie.

Crypto may be booming, but 2024’s price hikes made some investors cautious. Still, Vinanz is clearly all-in, betting that Bitcoin’s staying power is just getting started.

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7 Hopeful Reasons Ethereum Could Skyrocket in 2025 Amidst Major Upgrades

Ethereum’s 2025: Big Moves Ahead

Ethereum’s setting the stage for a massive 2025. With the Pectra upgrade rolling out, combining Prague and Electra updates, the network’s scalability and efficiency are getting a serious boost. This means faster transactions and lower fees, making Ethereum even more appealing.

But that’s not all. The introduction of Verkle trees is expected to optimize data storage, reducing hardware requirements for validators. This could lead to a more decentralized and accessible network.

Institutional interest is also on the rise. The approval of spot Ether ETFs has opened the doors for big players to enter the market. Analysts from Standard Chartered predict Ethereum could hit $14,000 by the end of 2025, while others like GCR see it reaching $10,000.

However, it’s not all smooth sailing. Regulatory clarity around staking remains a concern. The SEC’s stance on staking activities has led to some uncertainty, but a potential pro-crypto administration might bring clearer guidelines.

Despite these challenges, ETH’s dominance in DeFi and its continuous upgrades position it for a promising future. If the network successfully implements its planned enhancements and navigates regulatory hurdles, 2025 could be a landmark year for Ethereum.

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5 Brutal Facts About the Caitlyn Jenner Memecoin Lawsuit Dismissal

Caitlyn Jenner just caught a legal W — but it’s not the end of the saga.

On May 9, a California judge said “nah” to a class-action lawsuit from some salty JENNER token investors who lost serious bags. One guy from the UK, Lee Greenfield, claimed he dropped $40K into the coin, only to watch it nosedive harder than crypto in a bear market. 💀

The court’s reason? The lawsuit didn’t bring the receipts. Judge Blumenfeld said they failed to prove securities fraud or that Caitlyn was capping about her involvement. Even posts on X (formerly Twitter) hyping the token weren’t enough to prove deception. And claims against her manager Sophia Hutchins? Also tossed.

So What Actually Happened?

JENNER launched on Solana via Pump.fun in May 2024
Got messy real quick with Jenner accusing Sahil Arora of scamming
She relaunched the token on Ethereum, taking a 3% fee on trades
OG Solana version tanked 📉 from a $7.5M peak to just $58K now

Investors said this move wrecked their bags and made her richer. But the judge didn’t say if JENNER was a security — just that the case was too weak right now.

He gave them until May 23 to clean up the case and try again. Their lawyer, Jack Fitzgerald, is staying in fight mode and says they’re going for Round 2. 🥊

This isn’t just a Jenner problem. It’s a classic case of celebs + crypto = chaos. And the court’s still open to hearing more if the claims are stronger next time.

So stay tuned. The token’s dead, but the drama’s still very much alive.

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Breaking !Solana (SOL) Surges 88% in a Month — Traders Bet on $200 by June End

Solana’s back in beast mode. In just 4 weeks, $SOL has zoomed from under $100 to $170 — that’s an 88% send, fam. While Bitcoin’s been cruising with a 40% gain, SOL’s been doing donuts around it.

The pump kicked off on April 7, and now big-money players (aka block traders) are going full ape mode on it.

They’re throwing bags at $200 call options expiring June 27. Translation? They’re betting SOL’s hitting $200+ before June wraps. One whale trade even dropped $263K in premium on 50K contracts. No cap.

And guess what? They got in while implied volatility was low (84%), meaning their entry was on discount. Usually, SOL’s IV is triple digits, so this was a solid sniper move.

But here’s where it gets spicy:
Market makers are now in net negative gamma at the $200 level. That means as the price moves up, they gotta buy more SOL to hedge. If price drops, they start selling. This creates a wild ping-pong effect and could send SOL even higher (or make it hella bouncy).

Chart Vibes?

Solana’s token SOL broke $120, then $162.
Now it’s trying to crack $180.
It’s showing a lil’ hesitation, might fake out before sending.
If rejected, it could dip to $162 (support now), bounce there, and then moon.

So yeah, $200 isn’t just a meme anymore. It’s in play.
And if this momentum holds?
Solana might just break the internet again.

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Crypto.com Dubai Partnership: 5 Bold Moves Driving the City’s Digital Transformation

Crypto.com Dubai Partnership: Paving the Way for a Cashless Future

On May 12, 2025, during the Dubai Fintech Summit, Crypto.com and the Dubai Department of Finance (DOF) signed a Memorandum of Understanding to facilitate cryptocurrency payments for government services. This initiative is part of Dubai’s broader strategy to achieve 90% cashless transactions across public and private sectors by 2026.

Under this partnership, residents and businesses will be able to pay for government services using cryptocurrencies through Crypto.com’s digital wallets. While the specific cryptocurrencies accepted have not been disclosed, the DOF has indicated a preference for “stable cryptocurrencies,” suggesting the use of stablecoins to mitigate volatility. All crypto payments will be instantly converted to Emirati dirhams and transferred to DOF accounts, ensuring seamless integration with existing financial systems.

In a related development, Crypto.com announced a partnership with Emirates General Petroleum Corporation (Emarat) on May 8, 2025, to introduce cryptocurrency payments at fuel stations across the UAE. The initial phase will enable crypto payments at ten Emarat service stations in Dubai and the Northern Emirates, with plans to expand the service throughout Emarat’s network of over 150 stations.

These collaborations underscore Dubai’s commitment to embracing digital finance and blockchain technology. By integrating cryptocurrency payments into everyday transactions, from government services to fuel purchases, Dubai is positioning itself as a global leader in the adoption of digital assets.

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Degen (DEGEN) Skyrockets 76% as Crypto Market Stagnates — No News, Just Vibes

DEGEN Just Went Full Send — Up 76%, No One Knows Why

While the rest of crypto is giving “meh” energy, DEGEN said “hold my beer.”

This Farcaster-born meme coin just pumped 76.42% in 24 hours. It’s now chilling at $0.007891 with a market cap of $111.9M. Not bad for a coin that started as a vibe.

But wait — $389 million in trading volume?? That’s like 1100%+ up in one day. For a meme coin. No announcements. No Binance listing. No viral Elon tweet. Just straight chaos.

So what’s going on?

🤷‍♂️ No clue.
Some say it’s a short squeeze.
Others think whales are testing the waters.
Most of us are just staring at the chart like 👀

Whatever it is, DEGEN’s chart is vertical, and the community is vibing hard.

Meanwhile, the rest of crypto is taking a nap.
Global market is down 0.73%, Bitcoin and ETH are bleeding, and most altcoins are stuck in sideways mode.

But DEGEN?
It’s throwing a party in the middle of a bear trend.

Crypto rule #47: Not every pump needs a reason.
Sometimes, it just runs — and you either ride it or cry about it.

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5 Shocking Facts About the Trump Memecoin Loyalty Program That Are Turning Heads

Trump Memecoin Tries to Bounce Back with Rewards After Major Selloff

Trump Memecoin’s Loyalty Push is Kinda Wild

The Trump memecoin is back in the spotlight with a brand-new loyalty program — and it’s not subtle. After a huge contest ended with a dinner invite with Donald Trump for top holders, the token’s price dipped hard. Wallets that had been sitting comfy in the top 220 just bailed. Like, 20+ of them dumped or slashed their $TRUMP bags right after the leaderboard locked.

So now, Fight Fight Fight LLC — the issuer behind the coin — is trying to keep things spicy. They just announced a reward system where users can link their self-custody wallets, climb a leaderboard, and rack up “Trump Reward Points” and digital badges. No one knows exactly what those points will do yet, but there’s serious FOMO energy being pushed.

And for those who don’t rage-quit before the May 22 dinner? They’ll score a limited edition “TRUMP DIAMOND HAND” NFT on Solana. Yeah, it’s both a flex and a way to boost future point earnings.

Still, there’s a lot of side-eye. The memecoin’s tied to Trump org-affiliated entities holding 80% of the supply — locked for now, but that first unlock window opens in about two months. Politicians like Elizabeth Warren and Adam Schiff are already calling it shady.

Even after peaking at $15B, $TRUMP is now sitting around $2.55B. So yeah, big vibes, big risk.

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Breaking ! Crypto Market Today: 7 Major Moves You Can’t Miss – Bitcoin Nears ATH, XRP Surges, and Regulatory Shifts Shape the Future

Crypto Market Today: Key Developments on May 12, 2025

As of May 12, 2025, the crypto market today is experiencing significant movements and developments:

Bitcoin Approaches All-Time High: Bitcoin (BTC) is trading at approximately $104,198, nearing its previous all-time high. This surge is attributed to favorable U.S. policies and shifts in miner behavior. FingerLakes1
XRP Surges 50%: XRP has experienced a 50% increase from $1.75, with analysts predicting a potential challenge to its all-time high.

Arizona Establishes Cryptocurrency Reserve Fund: Arizona has become the second U.S. state to create a cryptocurrency reserve fund, aiming to protect the value of unclaimed digital assets. Axios
BitGo Secures MiCA License in Germany: Crypto custodian BitGo has obtained a Markets in Crypto-Assets (MiCA) license in Germany, enhancing its regulatory compliance in Europe. Cointelegraph
Amber International Launches $100M Crypto Ecosystem Reserve: Amber International has unveiled a $100 million reserve to expand institutional crypto adoption, signaling increased institutional interest in digital assets. Morningstar
Pakistan Launches Crypto Council: Pakistan has established the Pakistan Crypto Council to oversee and promote blockchain technology and digital assets within the country. Wikipedia
Hut 8 Subsidiary Announces Go-Public Transaction: American Bitcoin, a subsidiary of Hut 8, has announced plans to go public, reflecting ongoing developments in the crypto mining sector. GlobeNewswire

These developments indicate a dynamic and evolving cryptocurrency landscape, with significant price movements and regulatory advancements shaping the market’s future. This is what happened in crypto market today.

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Breaking !$38M Crypto Bust: 4 Key Takeaways from Germany’s Crackdown on eXch

Germany just made waves in the crypto scene by seizing €34 million ($38M) in digital assets from eXch, a platform allegedly used to wash hacked funds—including part of the $1.4 billion Bybit exploit.

Authorities say eXch operated as a centralized crypto swap service since 2014, facilitating over $1.9 billion in unregulated transfers. What made it shady? It had zero Anti-Money Laundering (AML) protocols, making it a go-to for cybercriminals looking to clean their bags.

A major chunk of Bybit’s stolen ETH was funneled through eXch, according to on-chain sleuths like ZachXBT. He also tied the service to Genesis creditor thefts, FixedFloat, and phishing drainers.

On May 9, German officials raided eXch’s servers, seized 8TB of data, and pulled the plug. It’s now ranked as the third-largest crypto seizure in the country’s history.

After denying links to Bybit’s hack, eXch posted on Bitcoin Talk that it would shut down by May 1, citing “SIGINT pressure” and claiming it was misunderstood.

But prosecutors aren’t buying it. They’re cracking down on “anonymous money laundering tools” that enable global cybercrime.

This isn’t just a Germany problem—it’s a global crypto security wake-up call. With centralized mixers under fire, the message is clear: no KYC = no mercy.

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3 Reasons Solaxy ($SOLX) Is Solana’s Game-Changer in 2025

Solaxy ($SOLX): Solana’s Layer-2 Solution Transforming Blockchain Scalability

Solaxy ($SOLX) emerges in 2025 as a pivotal Layer-2 solution for the Solana blockchain, aiming to tackle persistent scalability challenges. By implementing roll-up technology, Solaxy processes transactions off-chain, significantly reducing congestion and transaction costs. Its ambitious roadmap includes bridging Solana with Ethereum, fostering greater interoperability. With a growing community of over 50,000 supporters and a presale nearing the $10 million milestone, Solaxy is positioning itself as a transformative force in the crypto landscape.

People, be patient, imagine the complexity of the project, creating the first layer 1 of Solana Solaxy has everything to be bigger than PEPE itself, it will be the biggest launch of the year for sure
— GENISIS IBANEZ (@GENISIS67916711) May 12, 2025

What Is Solaxy ($SOLX)?

Solaxy is a Layer-2 scaling solution built on the Solana blockchain, designed to enhance transaction throughput and reduce fees through roll-up technology. It aims to alleviate network congestion and improve user experience for decentralized applications.

How Does it Improve Solana’s Performance?

By bundling multiple transactions into a single batch processed off-chain, SOLX reduces the load on the Solana mainnet. This approach not only lowers transaction costs but also increases the network’s capacity to handle high volumes of activity.

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Solaxy’s Vision: Bridging Solana and Ethereum

It plans to create a bridge between Solana and Ethereum, enabling seamless asset transfers and fostering interoperability between the two ecosystems. This initiative could unlock new opportunities for developers and users across both platforms.

Tokenomics and Community Growth

With a total supply of 138 billion tokens, it allocates 30% to ecosystem development, 20% to the treasury, and 15% to marketing. The project has already attracted a robust community, with over 50,000 social media supporters and a presale approaching $10 million.

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