Web3 Archives - Page 19 of 72

Breaking !Coinbase’s 1,000-Job Offer: A Fresh Start for DOGE Task Force Veterans

It’s giving career pivot vibes. After a Fox News clip of a former DOGE staffer venting about social backlash went viral, Coinbase CEO Brian Armstrong slid into X with a wild invite: join Coinbase’s fast lane hiring.

DOGE (no, not the meme coin—this one’s a deregulation task force under Musk + Trump) has been in hot water for mass layoffs, failed $2T budget cuts (they only hit $160B), and making its own staff social pariahs.

The viral video showed Ethan Shaotran, a Harvard dropout, saying “most of the campus hates me now.” Armstrong responded:

“If you’ve done your proof-of-work at DOGE, come help build a better financial system at Coinbase.”

He even promised an accelerated hiring pipeline just for them. Major CEO move.

Meanwhile, Musk is catching flak from all directions—Tesla profits nosedived in Q1 2025 (-71%!), and some of his EV stuff got attacked IRL.

Moral of the story? Being part of Team Elon might not be the flex it used to be.

You might find interesting: 3 Ways FalconX Is Leading the Charge in Global Crypto Finance with Standard Chartered

Why Bitcoin Could Earn ‘Asset Class’ Status at $500K, Says Scaramucci in Bold Prediction

Bitcoin Still Needs the $500K Moment to Earn Asset Class Status

Bitcoin's price as of Scaramucci's prediction

At Consensus 2025, Bitcoin wasn’t just trending — it was being redefined. Anthony Scaramucci, CEO of SkyBridge Capital, dropped a hot take that echoed across the conference: BTC needs to hit $500,000 before the world starts calling it a real asset class.

Scaramucci broke it down with a finance-insider lens. “Three trillion is like a mag 7 stock. Twenty trillion is an asset class,” he said. His point? Market cap and perception go hand in hand — and BTC still has some stairs to climb.

The panel was stacked with names: Jonathan Steinberg (WisdomTree), Pasqual St-Jean (3iQ), and Andy Baehr (CoinDesk Indices) all joined the convo. The vibe? Bitcoin’s growing up, but it’s still not sitting at the grown-up table.

They agreed BTC is gaining real institutional cred, but price alone won’t cut it. Public awareness, infrastructure, and ease of access are just as important.

BTC vs. The Rest of Crypto

St-Jean made a key point: not all crypto is created equal. While Bitcoin’s getting attention, governance and utility tokens are harder sells to institutions. “They’re like, ‘What am I actually owning?’” he said.

Bottom line? Bitcoin’s not fully there yet, but it’s on the runway. If the $500K prediction plays out and infrastructure keeps improving, we might be looking at the next global asset class in real time.

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5 insane Altcoins Outshining Bitcoin This Week Amid Surprise Market Shift

Altcoins Are Poppin’ While Bitcoin Takes a Breather

Bitcoin’s been the king of crypto, but this week it took a chill pill. While BTC slipped a modest 0.2% to hover around $103,268, altcoins decided to steal the spotlight — and they did it in style.

Ethereum shot up 4.8%, flexing its DeFi muscles. Solana wasn’t far behind, pulling a 2.9% gain thanks to growing activity in NFTs and high-speed apps. XRP also made some noise, climbing 1.7% with fresh momentum from its ongoing legal wins.

Altogether, the total crypto market cap spiked 2.7% in just 24 hours, peaking at $3.4 trillion — that’s its highest since February. Analysts think this could be the start of an “altcoin spring,” where investors rotate out of Bitcoin and into smaller, faster-moving assets looking for alpha.

BTC isn’t out of the game though. It’s just stalling near a resistance zone after a long run. Some whales might just be taking profits before the next leg up. Or maybe, they’re rotating into altcoins themselves.

Whatever’s going on, one thing’s clear: the altcoin crowd is having a moment. And in crypto, those moments can flip the entire leaderboard.

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

3 Ways FalconX Is Leading the Charge in Global Crypto Finance with Standard Chartered

Big Banks Are Finally Teaming Up with Crypto, and FalconX Is Leading the Charge

So here’s the tea: FalconX, one of the biggest names in crypto prime brokerage, just teamed up with traditional banking heavyweight Standard Chartered, and it’s kind of a big deal. This isn’t just another random collab. It’s the first time FalconX is linking up with a legacy bank — and it’s all about bringing more institutions into the crypto space.

What’s in it for FalconX? Access to global banking tools, better FX support, and faster fiat settlements. Translation: crypto clients (we’re talking hedge funds and big asset managers) will get smoother, faster trades and better capital efficiency.

And for Standard Chartered? They’re going full speed into digital assets. They’ve already launched custody services in the UAE and partnered with OKX to let big players use crypto as collateral. Now, with FalconX, they’re making crypto feel less “Wild West” and more Wall Street.

It kicks off in Singapore, but the roadmap includes Asia, the Middle East, and the U.S. Basically, this is another sign that crypto’s getting serious — and the old-school financial world is finally paying attention.

You might also like: 7 Hopeful Reasons Ethereum Could Skyrocket in 2025 Amidst Major Upgrades

Vinanz Scores $4M in Strategic Funding with Bold NASDAQ Play

Vinanz Bags $4M to Go Bigger on Bitcoin and NASDAQ Dreams

Vinanz is making moves. The Bitcoin-heavy firm just locked in $4 million in funding to grow its BTC stash and eye a major NASDAQ dual listing. Already listed on the London Stock Exchange as “BTC.L” and trading in the U.S. under “VINZF,” Vinanz is now gunning for that big-league exposure.

The money’s coming from Dominari Securities, a U.S. investment bank, backed by a global fund. It’s split into two parts — $2M already in the bag, and another $2M coming if Vinanz hits certain goals. The cash will go toward beefing up their Bitcoin mining game in states like Indiana and Texas, plus Canada.

Now, this isn’t a free ride. The funds come with 5% annual interest and must be paid back in a year per drawdown. But here’s the twist: the investor can swap the debt for shares — either at a flat 25p or at 95% of the lowest 10-day price. Still, they can’t own more than 4.99% of the company or convert if the stock’s too low.

Chairman David Lenigas called the deal “timely,” saying it gives Vinanz the boost it needs as Bitcoin gains more mainstream clout. The NASDAQ move could bring serious institutional eyes.

With the crypto market heating up again, this play might just put Vinanz in the spotlight for real.

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7 Hopeful Reasons Solana Is Dominating the Crypto Scene in 2025

Solana’s 2025: The Crypto Powerhouse

Solana is making serious waves in 2025. With its lightning-fast transaction speeds and minimal fees, it’s no wonder developers and investors are flocking to this blockchain. Processing up to 65,000 transactions per second, Solana is outpacing many of its competitors.

The ecosystem is booming. From decentralized finance (DeFi) platforms to non-fungible tokens (NFTs), SOL is the go-to for innovative projects. Its unique Proof of History consensus mechanism ensures efficiency and scalability, attracting a diverse range of applications.

Institutional interest is also on the rise. Major financial players are integrating Solana into their operations, recognizing its potential for high-speed, low-cost transactions. This adoption is driving up the value and credibility of the SOL token.

However, it’s not all smooth sailing. The network has faced some outages, raising concerns about reliability. But the development team is actively working on solutions to enhance stability and performance.

In terms of market performance, Solana’s market cap has surged, placing it firmly in the top 10 cryptocurrencies. Its growth trajectory suggests it could climb even higher, challenging established players in the space.

It’s combination of speed, low fees, and a thriving ecosystem positions it as a formidable force in the crypto world. If it continues on this path, 2025 could be the year SOL cements its status as a crypto powerhouse.

YOU MIGHT ALSO LIKE: 7 Hopeful Reasons Ethereum Could Skyrocket in 2025 Amidst Major Upgrades

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.

You might find interesting: 7 Hopeful Reasons Ethereum Could Skyrocket in 2025 Amidst Major Upgrades

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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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.

YOU MIGHT ALSO LIKE: 3 Reasons Solaxy ($SOLX) Is Solana’s Game-Changer in 2025

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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