Author: WebDesk

Nexo makes  a three-year deal as the DP World Tour’s first Digital Asset & Wealth Partner. The deal is the first of its kind with the new Nexo Championship debuting 7th Aug 2025 at Trump International Golf Links, Aberdeen. Nexo has become the first digital-asset wealth platform to sponsor an elite professional golf circuit, striking a three-year agreement with the DP World Tour. The deal will make Nexo the Official Digital Wealth Platform of the Tour and title the Nexo Championship, set for 7–10 August 2025 at Trump International Golf Links, Aberdeenshire. The three-year agreement, which runs from 2025 through…

Join Our Telegram channel to stay up to date on breaking news coverage Telegram, a renowned a cloud-based, cross-platform, social media and instant messaging app that focuses on speed and security, continues to be a popular platform for non-fungible token projects, particularly those focused on community building and fun engagement. Meebits is the latest non-fungible token project to join Telegram to explore the untapped possibility tied to it. Meetropolis is growing 🌱 We are excited to have an official presence on the world’s most active messaging platform, where tokenized stickers turn into digital collectibles. Join us on our new journey…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With the month of June having drawn to a close, Bitcoin has now managed to set a new record. According to a report by well-known crypto analyst Rekt Capital, the month saw Bitcoin complete its highest monthly close ever in the history of the cryptocurrency. However, while this would usually be a rather bullish development for the digital asset, there are still some bearish factors that continue to threaten what should otherwise be a bull market. The Breakout Confirmation Of The Year The Bitcoin price, completing the…

Fedwire ISO 20022 implementation officially launches July 14, 2025, as confirmed by the Federal Reserve Financial Services. This ISO 20022 payment standard upgrade transforms the Fedwire system update, enhancing cross-border payment efficiency and also accelerating crypto market adoption for compliant digital assets. Right now, investors are closely monitoring which cryptocurrencies will benefit most from this major transition.Federal Reserve Official ISO 20022 Implementation Announcement – Source: frbservices.orgAlso Read: US FHFA Chair Calls for Congress to Investigate Fed Chair PowellFedwire ISO 20022 Launch Boosts Payment Efficiency and Crypto Market AdoptionFederal Reserve Financial Services – Source: frbservices.orgThe Federal Reserve Financial Services confirmed the…

XRP price surged 1.7% following Ripple’s banking license application with the Office of the Comptroller of the Currency on July 2nd, and experts are saying this could be the moment everything changes. The Ripple banking license filing has sparked significant market reaction, with XRP price jumping from $2.237 to $2.274 within hours of the announcement.The move comes as Ripple seeks to position itself as a regulated financial institution, which is something that many investors have been waiting for. At the time of writing, XRP is trading at $2.26, and the momentum seems to be building.Also Read: XRP Rally Prediction: Trader…

Join Our Telegram channel to stay up to date on breaking news coverage Fintech firm Ripple Labs is applying for a US banking license to boost the trust of its RLUSD stablecoin and deepen its ties in the traditional financial system. In a July 2 X post, Ripple’s CEO Brad Garnlinghouse confirmed the news following an earlier report from The Wall Street Journal. In his post, he said the company is applying for a license with the US Office of the Comptroller of the Currency (OCC).  The move, according to him, is part of Ripple’s “long-standing compliance roots.” Ripple Seeks…

Shiba Inu was launched on August 1, 2020, on the Ethereum blockchain and founder Ryoshi donated 505 trillion tokens as a gift to ETH founder Vitalik Buterin. Ryoshi sent 50% of the supply to Buterin allowing the rest 549 trillion tokens to be traded by investors. Buterin received a huge chunk of the tokens and it remained in his wallet without any interference for close to a year.However, Vitalik Buterin moved the Shiba Inu tokens in May 2021 during the second wave of the COVID-19 pandemic. He almost emptied his wallet for humanitarian relief sending funds to various organizations fighting…

Swiss crypto bank AMINA has become the first to directly support Ripple’s RLUSD stablecoin. The move marks a substantial milestone for the fintech company. AMINA will offer custody and trading services at launch to all RLUSD holders. The bank aims to further expand its services in the coming months. According to Myles Harrison, AMINA’s Chief Product Officer, “We are proud to be the first bank to support RLUSD and to provide our clients with access to one of the most anticipated digital assets in the market.“Ripple Set To Make A Splash In The Stablecoin Market?Source: Watcher.GuruThe stablecoin market has seen…

AllUnity, a joint venture asset manager between DWS, Flow, Traders, and Galaxy, has announced that it has received a BaFin license in Germany to issue a MiCA-compliant euro-pegged stablecoin, EURAU. This encourages the launch of EURAU with institutional-grade proof reserves and financial reporting, ensuring transparency and reliability. AllUnity Secures BaFin License On July 1, AllUnity received an e-money institution (EMI) license from the Federal Financial Supervisory Authority (BaFin), allowing the company to issue stablecoin that is fully compliant with Europe’s Markets in Crypto Assets (MiCA) framework. Alexander Hoptner, CEO of AllUnity, said, “Securing the EMI license from BaFin is a monumental achievement for…

Join Our Telegram channel to stay up to date on breaking news coverage The first Solana staking ETF (exchange-traded fund) closed its debut trading session yesterday with around $33 million trading volumes and $12 million inflows, triggering a surge in CME futures demand. “Healthy start to trading for a new ETF with ~$8 million in trading in first 20 min,” said Bloomberg ETF analyst James Seyffart in a July 2 X post while commenting on REX-Osprey Solana + Staking ETF’s debut performance. His colleague, Eric Balchunas, also said that the ETF’s trading volumes on its first day placed it in…