13h ago
Bhutan Allocates Up to $1 Billion in Bitcoin for Gelephu Mindfulness City Development
Bhutan has committed up to $1 billion in Bitcoin from its sovereign reserves to support the long-term development of Gelephu Mindfulness City in Southern Bhutan. The government plans to allocate as much as 10,000 BTC over time, with the vision guided by King Jigme Khesar Namgyel Wangchuck and backed by state-run mining, renewable energy, and a partnership with Cumberland DRW. Additional renewable projects, including a 120-megawatt solar tender under the Solar Farm Expansion Project, are being advanced to reinforce the kingdom's clean energy-based digital asset strategy.
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BTC
BTC-1.92%
13h ago
1d ago
QSOL staked SOL ETP lists on Cboe BZX; BTC outflows $357.69M, ETH $224.78M
Invesco and Galaxy Digital launched the staked Solana ETP QSOL on Monday, listing it on the Cboe BZX U.S. equities exchange with 17,500 SOL in custody valued at $2.19 million and a 0.25% total expense ratio. Crypto ETF flows diverged the same day, with Bitcoin spot ETFs seeing $357.69 million in outflows and Ethereum $224.78 million, while Solana products recorded $35.2 million in net inflows.
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SOL
SOL-4.57%
1d ago
2d ago
Crypto Fear and Greed Index drops to 16 as BTC lags at $88,900 and XRP extends losses
The Crypto Fear and Greed Index has slid to 16, close to 2025's low of 10, while Bitcoin trades around $88,900, about 30% below its $126,000 peak from October. Ethereum remains 36% under its August high and XRP has surrendered more than 40% of its value, even as spot XRP ETFs log 19 straight days of inflows totaling about $990.91 million. Despite extreme fear dominating sentiment, some traders are watching support between $80,000 and $85,000 for BTC as macro policy moves and liquidity shifts continue to drive volatility.
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BTC
BTC-1.92%
2d ago
12-13
Singapore Gulf Bank launches zero-fee Solana stablecoin mint and redeem service at Breakpoint 2025
Singapore Gulf Bank has introduced a Solana-based service that lets corporate clients mint and redeem major stablecoins such as USDC and USDT directly on-chain, with transaction and gas fees waived during an initial launch phase. The bank, which announced the product at Solana Breakpoint 2025 in Abu Dhabi, says the corridor runs under Singapore’s Payment Services Act and MAS's single-currency stablecoin rules, and has internally cut transfer costs to under 0.3% while settling in seconds.
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USDC
USDC+0.02%
12-13
12-13
Kenya DCI creates specialised unit to tackle KES5.6 billion crypto fraud losses in 2024
Kenya's Directorate of Criminal Investigations has set up a specialised unit to investigate cryptocurrency fraud after local investors reportedly lost up to KES5.6 billion ($43.3 million) in 2024. Authorities say crypto-related cybercrime losses rose 73% year on year, while Kenya's parliament has moved ahead with a Virtual Asset Service Provider Bill and new blockchain investigation training to strengthen oversight and enforcement.
12-13