Tether To Become Largest Bitcoin Miner By End of 2025, CEO Explains

In an interview with crypto news outlet The Block, Paolo Ardoino, CEO of Tether, spoke about the company’s plans to become the largest Bitcoin miner in 2025. Tether has been one of the most profitable companies in the industry over the past years, and a lot of these resources have been used to improve its mining capabilities. Tether To Dominate the Bitcoin Mining Industry? According to Ardoino, the USDT stablecoin issuer has been trying to diversify into several key sectors. These include artificial intelligence, data centers, telecommunications, and Bitcoin mining. The investment in the latter industry is part of a broad strategy to not only diversify into a key sector and generate further profits. Tether wants to become a main figure in the protection of the Bitcoin network. Per The Block, the company has invested as much as $10 billion in the digital asset. Thus, by becoming a top miner, Tether makes sure its investment stays safe and that the BTC blockchain will not fall in the hands of a group of bad actors. Ardoino told The Block: I think that is clear that if you have $1 million and you have to decide where to put it either in bitcoin mining or in buying bitcoin directly, you would always make more money buying bitcoin directly. But in our case, I think given the exposure that we have to bitcoin, it’s important to be part of the security of the network. Realistically, by the end of this year, Tether will become the biggest bitcoin miner out there. Tether Faces Challenges The company faces several obstacles in achieving this goal. The Bitcoin mining business has become one of the most competitive in the nascent industry with actors such as Marathon Digital Holdings, Riot Platforms, CleanSpark, and others controlling around 30% of the BTC hashrate. Moreover, as the report claims, Tether is yet to disclose how much of the BTC hashrate they operate. Thus, making it difficult to determine where the stablecoin issuer stands against its competitors. However, it has been determined that Tether has poured billions of dollars into improving its mining infrastructure. The company’s strong ties with Latin American governments, such as El Salvador, Uruguay, and Paraguay in over 15 facilities. Cover image from Unsplash, BTCUSD chart from Tradingview

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H100 Group Boosts Bitcoin Holdings to 200.21 BTC with 19.38 BTC Acquisition

H100 Group, a publicly traded Swedish firm, has expanded its cryptocurrency portfolio by acquiring an additional 19.38 BTC, as confirmed by official disclosures on June 25th. This strategic accumulation brings

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Coinbase Issues Upgrade Alert, Expands Crypto Offerings with SOL and INJ Futures

Coinbase, a leading cryptocurrency exchange, has announced a significant platform upgrade designed to enhance the user experience and expand its diverse range of trading options. As part of this evolution, the Coinbase Derivatives Exchange (CBDE) has introduced perpetual futures contracts for two prominent cryptocurrencies: Solana (SOL) and Injective (INJ). This move underscores Coinbase’s commitment to … Continue reading "Coinbase Issues Upgrade Alert, Expands Crypto Offerings with SOL and INJ Futures" The post Coinbase Issues Upgrade Alert, Expands Crypto Offerings with SOL and INJ Futures appeared first on Cryptoknowmics-Crypto News and Media Platform .

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Animoca Brand’s Moca Network Unveils Identity-Focused Moca Chain

Moca Foundation , the community-owned foundation behind Moca Network , is launching Moca Chain , a Layer-1 blockchain for identity and user data. Moca Chain testnet will launch in the third quarter of this year. Mainnet will follow in Q4. Key use cases, the team claims, include healthcare, finance, recruitment, and advertising. Per the press release shared with Cryptonews , this will be a modular, EVM-compatible platform, interoperable with other chains. It will utilise the MOCA Coin and established partnerships, including SK Planet’s OK Cashbag and OneFootball (which together count nearly 230 million users), for cross-chain identity verification. Moreover, MOCA Coin will be the core token for gas, validator staking, storage, oracle, data generation, and verification fees. Introducing Moca Chain Moca Chain is a modular and chain-agnostic EVM-compatible chain that enables self-sovereign identity, trustless data onboarding, reusable data, and privacy-preserved on-chain verifications in any app on any chain. pic.twitter.com/1bqsLG8l4Z — MOCA Coin (@MOCAFoundation) June 25, 2025 Furthermore, Moca Chain will allow verification of both on- and off-chain user data through “any applications on any chains.” The chain’s identity layer will support “seamless movement of user attributes” such as loyalty points, social proof, and access rights across decentralized apps (dapps). The team claims that this approach “will enable users to unlock access and rewards across platforms without exposing private data, while maintaining a unified identity that is fully under their control.” Additionally, the teams building protocols on Moca Chain can “choose to issue or verify reusable on- and off-chain user data and credentials for monetization.” The data issued to the end user can be verified “everywhere” via zero-knowledge proofs. This is “fostering ecosystem growth by cross-pollinating users without any direct API integrations, shifting the counterparty of verifiers from centralized platforms to end users,” the team argues. You may also like: Animoca Brands, Soneium, and San FranTokyo Partner on Web3, Anime, and Identity Game software and venture capital company Animoca Brands has partnered with Ethereum Layer-2 Soneium. Moca Network, Animoca Brands’ flagship digital identity infrastructure platform, will create a premier identity layer on this blockchain.According to the press release, the partners will start with Anime ID, a decentralized identifier (DID) and reputation layer. The team behind this layer is San FranTokyo, a core contributor to Anime Foundation.The blockchain will integrate Moca... Reaching “Over 700 Million Addressable Users” Moca Network is one of the launch partners of Moca Chain. Moca Network is the identity ecosystem of Animoca Brands , a major metaverse and gaming venture capital firm, which is currently eyeing an IPO . Back in October 2023, the company raised $20 million to expand its flagship digital identity infrastructure platform Mocaverse . Moreover, Moca Chain will work alongside the network’s account, identity, and reputation software development kit ( AIR Kit ). Developers can use this kit to create user-friendly apps with smart accounts and verifiable credentials. The AIR Kit is integrated into major Web2 platforms, as well as into offerings by a number of partners and affiliates. These reach “over 700 million addressable users.” Testnet in Q3. Mainnet in Q4. Build on Moca Chain: https://t.co/3y6FiQK3YM Explore how it works: https://t.co/Zhb7mRyM1L — MOCA Coin (@MOCAFoundation) June 25, 2025 Per the announcement, “Moca Chain will support the development of identity protocols in respective industry verticals to enable individuals, devices, and AI agents to control, unify, and verify their digital credentials without relying on centralized platforms, and accelerate user-centric yet privacy-preserved growth via integrations with consumer applications.” Yat Siu, co-founder and executive chairman of Animoca Brands, argued that billions of people use single sign-on (SSO), but that these have a centralized point of failure. On the contrary, Moca Chain will give users decentralized ownership of their data, without a single point of failure, Sui says. Kenneth Shek, project lead of Moca Network, added that “by adopting Moca Chain and MOCA Coin, we believe we can disrupt current models of data ownership and break down the dominance of walled garden ecosystems, returning value to the users who generate it and making ecosystem growth more scalable.” You may also like: Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT’s Making a Comeback? Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse.According to the press release, the funding round was led by blockchain- and Web3-focused venture capital company CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (Sky Mavis founder), Gabby Dizon (Yield Guild Games founder), Koda Capital institutional investors, and others. Yat Siu, the... The post Animoca Brand’s Moca Network Unveils Identity-Focused Moca Chain appeared first on Cryptonews .

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Ethereum Price Analysis: ETH Is Not Out of The Woods Until This Happens

Ethereum has staged a technical rebound following last week’s sharp correction, with prices recovering from the $2,200 region back above the $2,400 mark. While this move shows strength, the context around it paints a more cautious picture. ETH remains under pressure from macro uncertainty and weakening bullish momentum across altcoins. Current price action suggests the bounce may be short-lived unless key resistance levels are reclaimed with volume and conviction. Technical Analysis By ShayanMarkets The Daily Chart On the daily chart, ETH recently broke down from an ascending channel formation that had been building for weeks. This pattern, often bearish, played out with a sharp drop that found support at the $2,200 region, a key demand zone marked by previous accumulation and the 100-day moving average. After tagging this level, ETH bounced aggressively and is now retesting the lower boundary of the channel from below. The 200-day MA is also nearby, located just above the channel’s lower boundary at the $2,550 mark. The confluence of these resistances makes this zone critical. So far, the price action has shown hesitation, a common characteristic of weak retests. So, if the buyers fail to reclaim this zone convincingly, we could see another leg down below the $2,000 mark. Conversely, a strong daily close above $2,550 would invalidate the bearish structure and open room for a revisit of the $2,800 resistance level and order block. The 4-Hour Chart As the 4-hour timeframe shows, Ethereum tested the bullish Fair Value Gap (FVG) created during the recent bounce, using it as a support to climb higher. The short-term structure will flip bullish if the price breaks back into the channel, invalidating the bearish pattern effectively. Meanwhile, the RSI has also jumped above 50, indicating that the buyers are in control again on this timeframe, which could lead to a recovery and clear the path for a retest of the $2,800 resistance zone. On-Chain Analysis Ethereum Exchange Reserve Exchange reserve data from CryptoQuant shows that Ethereum holdings on centralized trading platforms have dropped to 18.8 million ETH, the lowest level in recent years. This steady decline reflects reduced selling pressure and a strong preference for self-custody, often interpreted as a bullish long-term signal. When reserves fall, it generally means fewer coins are readily available to sell on exchanges, potentially setting up a supply shock. However, it’s important to note that while low reserves often accompany major bullish moves, they are not a short-term timing tool. Price can still drop in the near term if demand does not match current supply flows or if broader market conditions remain risk-off. This metric supports long-term strength, but short-term price action remains technically vulnerable. The post Ethereum Price Analysis: ETH Is Not Out of The Woods Until This Happens appeared first on CryptoPotato .

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Arizona’s HB2324 Bill Could Establish Bitcoin Reserve for Forfeited Crime Assets

Arizona is poised to become the first U.S. state to establish a Bitcoin Reserve, leveraging forfeited criminal assets to bolster its financial strategy. The proposed bill HB2324, currently awaiting Governor

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Unlocking Potential: Binance Alpha Set to Add XOCIETY (XO) as a Promising Early-Stage Crypto Project

BitcoinWorld Unlocking Potential: Binance Alpha Set to Add XOCIETY (XO) as a Promising Early-Stage Crypto Project Are you constantly on the lookout for the next big thing in the world of digital assets? The cryptocurrency landscape is always evolving, with new projects emerging that promise to redefine various sectors, from finance to gaming. Keeping an eye on platforms that champion these innovators is key. In exciting news for the crypto community, Binance Alpha , a dedicated platform within the broader Binance Wallet ecosystem designed to spotlight early-stage crypto projects, is set to welcome XOCIETY (XO) on June 26th. What is Binance Alpha and Why Does It Matter for Emerging Crypto? Binance Alpha serves as a unique launchpad, not for token sales, but for visibility. It acts as a curated showcase for promising, yet nascent, blockchain projects. Think of it as a scout team for Binance, identifying potential future stars before they hit the mainstream. The selection process for projects featured on Binance Alpha is rigorous, focusing heavily on two critical factors: Community Engagement: Projects with strong, active, and growing communities often indicate genuine interest and potential for adoption. Market Trends: Binance Alpha keeps a keen eye on prevailing market trends, ensuring that the showcased projects align with areas of high innovation and demand within the crypto space. For an emerging crypto project, being featured on Binance Alpha is a significant milestone. It provides unparalleled exposure to a vast audience of crypto enthusiasts, potential investors, and developers who are actively seeking out cutting-edge opportunities. This exposure can significantly boost a project’s profile, foster community growth, and attract further development resources. Introducing XOCIETY (XO): A Glimpse into a Promising Early-Stage Crypto Project So, what exactly is XOCIETY (XO) ? While specific details often emerge closer to the feature date, XOCIETY is known to be a highly anticipated Web3 gaming and metaverse project. It aims to blend immersive gameplay with true digital ownership, leveraging blockchain technology to empower players with assets and experiences that truly belong to them. The addition of XOCIETY to Binance Alpha signals that the project has met Binance’s stringent criteria for community interest and alignment with current market trends in the booming blockchain gaming sector. This move highlights Binance Alpha’s commitment to showcasing diverse and innovative projects across the blockchain spectrum. For those interested in the future of gaming and digital economies, XOCIETY represents an intriguing prospect to monitor closely. Navigating Crypto Investment: What Does This Mean for You? For anyone engaged in crypto investment , news like XOCIETY’s addition to Binance Alpha presents both exciting opportunities and crucial considerations. It’s vital to understand the nuances of investing in early-stage projects: Visibility vs. Listing: A key point to remember, as explicitly stated by Binance, is that inclusion on Binance Alpha “does not guarantee a future listing on the exchange.” While it’s a strong indicator of potential, it’s not a direct path to being traded on Binance’s main exchange. Investors should manage their expectations accordingly. High Risk, High Reward: Early-stage crypto projects , by their very nature, carry higher risks than more established assets. However, they also offer the potential for substantial returns if the project succeeds. Thorough due diligence is paramount. Community and Development: For projects like XOCIETY, success hinges not just on initial hype but on sustained development, active community participation, and real-world utility. Look beyond the headlines and delve into the project’s whitepaper, team, roadmap, and community channels. Actionable Insights for Your Crypto Investment Journey If you’re considering exploring projects featured on platforms like Binance Alpha, here are some actionable insights to guide your crypto investment strategy: Do Your Own Research (DYOR): Never rely solely on an announcement. Investigate XOCIETY (XO)’s fundamentals, technology, use case, team, tokenomics, and community activity. Understand the Project’s Vision: What problem is XOCIETY solving? How does it differentiate itself in the competitive Web3 gaming space? A clear, compelling vision is crucial for long-term success. Monitor Community Sentiment: Active and positive community engagement on platforms like X (formerly Twitter), Discord, and Telegram can be a strong indicator of a project’s health and potential. Risk Management: Only invest what you can afford to lose. Early-stage projects are speculative. Diversifying your portfolio can help mitigate risk. The addition of XOCIETY (XO) to Binance Alpha on June 26th is a testament to Binance’s continuous effort to foster innovation within the blockchain space and provide a spotlight for promising ventures. For enthusiasts and investors alike, it offers a unique opportunity to engage with and potentially benefit from the growth of cutting-edge blockchain applications. Conclusion: The Exciting Future of Emerging Crypto The showcase of XOCIETY (XO) on Binance Alpha marks an exciting development for both the project and the broader crypto community. It underscores Binance’s role in identifying and promoting early-stage crypto projects that show significant promise. While inclusion on Binance Alpha doesn’t guarantee a main exchange listing, it certainly provides invaluable exposure and validation, setting the stage for XOCIETY to gain further traction. For those passionate about crypto investment , keeping a close watch on these curated projects can open doors to incredible opportunities in the dynamic world of emerging crypto . To learn more about the latest crypto market trends, explore our article on key developments shaping the future of digital assets. This post Unlocking Potential: Binance Alpha Set to Add XOCIETY (XO) as a Promising Early-Stage Crypto Project first appeared on BitcoinWorld and is written by Editorial Team

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Bitcoin Just Printed Stunning 11,060% Liquidation Imbalance, Here’s Why

$107,000 Bitcoin triggers epic 11,060% liquidation shock in just one hour

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SharpLink Gaming Boosts Crypto Treasury To 188,478 ETH, Becomes Largest Publicly Traded Ether Holder

Minneapolis-based sports betting platform SharpLink Gaming added over $30 million in ETH to its treasury between June 16 and June 20, cementing its position as the largest publicly traded holder of Ether globally. SharpLink acquired 12,207 ETH at an average price of $2,513, boosting its treasury holdings to 188,478 Ether, or approximately $470 million based on the crypto’s price at the time. The ‘MicroStrategy Of Ether’ To fund the purchase, SharpLink raised $27.7 million in net proceeds through its at-the-market (ATM) offering, selling over 2.5 million shares. SharpLink is one of the increasing group of publicly traded companies that recently pivoted to add crypto to their corporate balance sheets, following the successful playbook of Michael Saylor’s Bitcoin-focused Strategy (formerly MicroStrategy). Since the company is centered on Ethereum, it is the first Nasdaq-listed firm to adopt ETH as its core treasury reserve asset, aiming to offer shareholders exposure to the second-largest crypto by market cap. Unlike Strategy, which typically just accumulates BTC, SharpLink has put its ETH to work. Since launching its ETH treasury strategy, the company said it has staked all its crypto cache, earning 120 ETH in rewards. The firm also disclosed an ETH-per-share growth rate of roughly 19% during that period. “This move reflects our confidence in Ethereum’s utility and our commitment to exploring transformative technologies that can unlock new value for our business and stockholders, alike,” said SharpLink Chairman of the Board, Ethereum co-founder, and Consensys CEO Joe Lubin in a statement. ETH is up 0.5% over the past 24 hours amid a ceasefire agreement between Iran and Israel. It is now trading at $2,419.38, which is below the average purchase price for SharpLink’s treasury buys. Who Owns More ETH Than SharpLink? While SharpLink now claims the bragging right of being the biggest publicly traded holder of Ether globally, some entities are still holding more ETH. The Ethereum Foundation now holds 212,072 ETH ( valued at $514.59 million) in its treasury, data from Arkham Intelligence shows. Some crypto exchange-traded funds (ETFs) issuers, such as BlackRock, also hold a considerably bigger ETH stash, albeit on behalf of their clients. BlackRock’s iShares Ethereum Trust ETF held roughly 1.7 million ETH as of June 25, worth around $4 billion.

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Mullen Automotive to begin accepting cryptocurrencies

More on Mullen Automotive Mullen Automotive finalizes settlement with GEM Group; shares up Mullen says its US-sourced components provide competitive edge under new tariff rules Financial information for Mullen Automotive

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