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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Japan’s SBI Posts Record Crypto Profits, Aims for Nation’s First USDC Listing
Japan’s SBI Posts Record Crypto Profits, Aims for Nation’s First USDC Listing

Company posts pre-tax profits of $119.6 million, a 787% year-on-year rise from FY2023 Q3.

CryptoNews·2025/02/10 10:33
Crypto Prices Dip as Trump’s Metal Trade Tariffs Weigh on Markets
Crypto Prices Dip as Trump’s Metal Trade Tariffs Weigh on Markets

Trump's tariff pledge on all steel and aluminum imports drove crypto prices lower amid heightened trade tensions.

CryptoNews·2025/02/10 10:33
XRP Price Sees Possible Uptick But Network Activity Hits Monthly Low
XRP Price Sees Possible Uptick But Network Activity Hits Monthly Low

XRP faces a crucial price range as CMF signals buying pressure, but network activity declines. A breakout or 26% correction could be next.

BeInCrypto·2025/02/10 10:30
Flash
  • 10:17
    Crypto mining firm Bitzero secures $25 million in funding to expand mining operations
    According to a report by The Block, covered by Jinse Finance, cryptocurrency mining company Bitzero has secured $25 million in funding to expand its mining operations. The company plans to use part of the funds to purchase 2,900 Bitmain S21 Pro mining machines. Bitzero stated that these high-efficiency devices will be fully deployed within four to six months, are expected to generate an additional $10 million in annual revenue, and will further lower the company’s breakeven point. Company President and CEO Mohammed Bakhashwain said, "This new funding enables us to continue building on our success, accelerate the deployment of top-tier mining technology, and expand our leadership in the sustainable and profitable data center sector."
  • 09:53
    DBS Raises ZhongAn Online Target Price to HKD 24, Optimistic About Potential Growth in Stablecoin Business
    According to a report by Jinse Finance, DBS has released a research report stating that ZhongAn Online's underwriting profit further improved in the first half of the year, with premium growth of 9.3% in line with expectations, driven by medical and auto insurance. RD Tech, in which the group holds an 8.6% stake, is among the first institutions in Hong Kong to apply for a virtual asset issuer license and is expected to receive approval by the end of 2025. The bank believes that ZA Bank is likely to achieve breakeven in 2025, laying the foundation for a potential initial public offering. Given the potential growth in the stablecoin business, the bank has raised ZhongAn Online's target price from HKD 20 to HKD 24 and maintained a "Buy" rating.
  • 09:53
    Bitget 2025 King’s Cup Global Invitational KCGI Now Officially Underway
    According to ChainCatcher, the Bitget 2025 King’s Cup Global Invitational (KCGI) has officially kicked off. This year’s competition features five main segments: the Team League, Copy Trading & Trading Bot Competition, Hot Coin Arena, OnChain Challenge, and Hot Coin Airdrop, with a total prize pool of 6 million USDT. During the tournament, users can register and participate at any time, and over 1,300 teams have already signed up. The Team League alone boasts a prize pool of 3 million USDT. Users can choose to become a team captain and form their own team to enjoy exclusive BGB rewards worth $100,000, or join a preferred team to unlock team earnings and regional rewards. Eight major regions worldwide will compete simultaneously. Registration closes at 23:59 on August 12. Additionally, users who successfully register and achieve a contract trading volume exceeding 30,000 USDT during the competition will have the chance to enter a lucky draw for limited prizes such as La Liga VIP tickets, MotoGP VIP tickets, and La Liga ambassador-signed footballs. The results of the draw will be announced via livestream the day after the competition ends.
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