Key takeaways Bitcoin rose from $1 in 2011 to $1,000 in 2013, cementing itself as a global asset. Cameron and Tyler Winklevoss bought Bitcoin early and founded Gemini in 2014 with a strong, compliance-first approach. The Winklevoss twins call Bitcoin “gold 2.0,” highlighting its fixed supply, portability and resistance to inflation as key advantages over traditional gold. The Winklevoss twins predict Bitcoin could hit $1 million, driven by ETF inflows, gold parity and nation-state adoption. Bitcoin has been a financial mystery since its inception. While critics often dismissed it as…
Day: October 13, 2025
ViaBTC Unveils Enhanced Collateralized Loan Service for Global Miners
[PRESS RELEASE – Hong Kong, Hong Kong, October 13th, 2025] ViaBTC, the third-largest BTC mining pool, announced a major upgrade to its crypto loan offerings. The revamped Collateral-pledged Loan service now supports multiple cryptocurrencies as collateral and features a streamlined lending process, making it easier for miners to access liquidity. This enhanced service serves as a powerful tool for miners facing liquidity challenges in their operations. It allows users to borrow USDT for everyday expenses—such as electricity and equipment costs—without liquidating their crypto holdings, enabling them to capitalize on potential…
Bitcoin And DATs Primed To Shine: LONGITUDE Recap
Bitcoin all-time highs. Digital asset treasuries. Billions of dollars of institutional inflows. 2025 has been a breakout year for the cryptocurrency space, and this momentum may continue into 2026. The industry’s brightest minds painted an optimistic outlook for the remainder of the year at Cointelegraph’s exclusive LONGITUDE event during Token2049 in Singapore. Maelstrom chief investment officer Arthur Hayes, Ethereum co-founder Joseph Lubin, acclaimed author Neal Stephenson and Aave Labs founder Stani Kulechov headlined a program that delved into the major narratives dominating 2025. LONGITUDE was co-hosted by Unlimit, a global…
Strategy Adds 220 BTC As Bitcoin Posts New Highs Above $126K
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, expanded its BTC holdings last week as the cryptocurrency surged to new all-time highs. Strategy acquired 220 Bitcoin (BTC) for 27.2 million in its latest BTC purchase, Saylor announced in an X post on Monday, as the related filing had yet to appear on the US Securities and Exchange Commission website. The purchase was made at an average price of $123,561 per coin as Bitcoin reached an all-time high above $126,200 last Monday before dipping to $107,000 in Friday’s flash…
Citi plans 2026 launch for crypto custody service amid Wall Street’s digital push
Key Takeaways Citi plans to introduce crypto custody services in 2026, reflecting increasing institutional interest. The bank is supporting stablecoin company BVNK to expand into tokenized and digital asset services. Share this article Citi plans to launch its crypto custody service in 2026 as the major US bank advances its digital asset strategy amid growing institutional adoption. Citi is developing real-time multi-asset solutions, including fiat-to-crypto ramps and reserve management, alongside advancing tokenized deposits. It is actively exploring the issuance of its own stablecoin and has backed stablecoin firm BVNK. Wall…
Strategy purchases 220 Bitcoin for $27.2M at $123,561 per BTC
Key Takeaways Strategy purchased 220 BTC for $27.2M at $123,561 each. The move is part of Strategy’s ongoing focus on Bitcoin as a treasury asset. Share this article Strategy purchased 220 Bitcoin for $27.2 million at an average price of $123,561 per BTC between October 6 and 12. Strategy, a publicly traded company formerly known as MicroStrategy that has rebranded to focus on Bitcoin treasury management and institutional adoption strategies, continues its consistent pattern of Bitcoin acquisitions. The purchase adds to Strategy’s position as a key player in corporate crypto…
Singapore court approves WazirX restructuring plan; platform to restart in 10 days
Key Takeaways Singapore court has approved WazirX’s restructuring plan after the cryptocurrency exchange suffered a $235 million hack. The court’s sanction allows WazirX to implement a structured asset distribution to users affected by the incident. Share this article A Singapore court approved WazirX’s restructuring plan today, allowing the Indian cryptocurrency exchange to proceed with asset recovery efforts following a $235 million hack. The Singapore Court sanctioned WazirX’s scheme of arrangement, enabling structured asset distribution to affected users as part of post-hack recovery efforts. WazirX plans to resume platform operations shortly…
Can Zcash Rally Sustain as ZEC Price Rises 520% in a Month?
Key takeaways: Zcash (ZEC) has soared over 520% in the past month, even defying the broader crypto sell-off that wiped out $20 billion in leveraged positions over the weekend. The privacy coin’s surge brought it within striking distance of the $300 level, a price not seen since December 2021, positioning ZEC among the market’s standout performers. ZEC/USDT weekly price chart. Source: TradingView Can ZEC’s price rise any further from its current levels, or is a cooldown overdue? ZEC technicals hint at another 25% rally Zcash’s explosive uptrend appears to be…
China Renaissance seeks $600M for BNB investment vehicle with YZi Labs participation
Key Takeaways China Renaissance aims to raise $600 million for a new investment vehicle targeting BNB, in collaboration with YZI Labs, the rebranded Binance Labs venture unit. YZI Labs is expanding its investment focus to include Web3, AI, and biotech, and is working to support builders within the BNB ecosystem. Share this article China Renaissance, a Hong Kong-listed financial group, is seeking $600 million for a vehicle that will invest in Binance Coin alongside YZI Labs, the rebranded venture arm formerly known as Binance Labs. The financial group has been…
WazirX Secures Singapore Court Approval to Repay Users After $234M Hack
Crypto exchange WazirX has finally secured approval from the Singapore High Court for its restructuring plan, paving the way for user repayments following the $234 million hacking incident last year. The court’s decision comes weeks after creditors backed a revised proposal. The approval allows WazirX to start the next phase of its recovery process, including token-based fund distributions and reviving the exchange’s operations. “Thank you to everyone who supported this difficult phase of WazirX. The Singapore High Court has approved the scheme,” WazirX founder Nischal Shetty said in a post…