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news.bitcoin.com KULR Mining Hits 750 PH/s With New Bitmain Mining Rigs Stationed in Paraguay

KULR Technology Group Inc. (NYSE American: KULR) has expanded its bitcoin ( BTC) mining operations, the company announced July 9. KULR Reaches 750 PH/s Bitcoin Mining Milestone On Wednesday, KULR disclosed that it deployed 3,570 Bitmain S19 XP 140 terahash per second (TH/s) bitcoin mining machines at facilities in Asunción, Paraguay. This deployment increases KULR’s […]

blockonomi.com Wanchain powers VeChain’s expansion into cross-chain DeFi

London, 10th July, 2025 – Leading enterprise blockchain platform, VeChain, announces the launch of its first-ever cross-chain bridge with Wanchain, the industry’s longest-running decentralised interoperability solution. The bridge connects the VeChain ecosystem with over 40 major blockchains. VeChain is an enterprise blockchain platform that ranks among the top 50 most valuable chains, with a market [...] The post Wanchain powers VeChain’s expansion into cross-chain DeFi appeared first on Blockonomi.

blockonomi.com BIT Mining Shifts Focus with $300M Solana Expansion Plan

TLDR: BIT Mining will raise up to $300M to build a long-term Solana (SOL) treasury. The company plans to convert part of its crypto portfolio into SOL holdings. Validator operations on Solana will support network security and revenue growth. Strategy marks shift from mining to broader Web3 and blockchain infrastructure. BIT Mining has unveiled plans [...] The post BIT Mining Shifts Focus with $300M Solana Expansion Plan appeared first on Blockonomi.

blockonomi.com BOK Governor Raises Red Flag Over Stablecoin Impact on Monetary Policy

TLDR: The Bank of Korea fears stablecoin could weaken control over monetary policy. Governor Lee warns of regulatory confusion if stablecoins bypass banking system. Eight banks form consortium to launch a Korean won-backed stablecoin. Regulators face pressure to balance financial innovation with policy stability. The Bank of Korea is sounding the alarm over the rapid [...] The post BOK Governor Raises Red Flag Over Stablecoin Impact on Monetary Policy appeared first on Blockonomi.

blockonomi.com Crypto News: TON Faces Bearish Pressure at $2.95, But This DeFi Coin Just Triggered a Buying Frenzy at $0.03

As the broader crypto market adjusts to shifting investor sentiment, Toncoin (TON) has come under bearish pressure, dropping to $2.95 and sparking fresh debates about its long-term direction. Yet while many top-tier altcoins begin to stall, a new player is igniting serious attention across retail circles—Mutuum Finance (MUTM). Currently in Phase 5 of its presale [...] The post Crypto News: TON Faces Bearish Pressure at $2.95, But This DeFi Coin Just Triggered a Buying Frenzy at $0.03 appeared first on Blockonomi.

bitcoinist.com $21M Flows Into First US Solana ETF as Snorter Token Approaches $1.7M Milestone

On July 8, the first US-listed spot Solana ETF – Rex-Osprey Solana + Staking ETF (SSK) – recorded $21M in net inflows. Impressively, this pushed its total inflows to a hefty $41.2M in the first four days of launching. That single-day surge surpassed the $2.02M raised in the previous three trading sessions, effectively more than […]

bitcoinist.com This Top Meme Coin Is Set To Rally 300%, It’s Not Dogecoin Or Shiba Inu

With the crypto market in recovery, meme coins like Dogecoin and Shiba Inu are expected to start seeing major upside due to their hype-driven nature. However, these two leading meme coins seem to have grown too big for investors’ appetites, leading investors to smaller meme coins for better gains. One such meme coin, FLOKI, has […]

news.bitcoin.com Bitcoin Price Watch: Can Bulls Regain Control Above $112K?

Bitcoin fluctuated between $110,936 and $111,110 over the last hour, reflecting a tightening trading range. With a market capitalization of $2.20 trillion and 24-hour trading volume of $39.70 billion, bitcoin’s price maneuvered within a broader intraday range of $108,644 to $111,742, suggesting a consolidative tone after a recent rally. Bitcoin On the daily chart, bitcoin‘s […]

news.bitcoin.com Bitget Annual Trading Competition KCGI Launches With $6 Million Prize Pool

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, July 10, 2025—Bitget, the world’s leading crypto exchange and Web3 company, has officially opened registration for KCGI 2025, the most anticipated trading competition of the year, featuring a massive 6 million USDT prize pool, brand-new segments, and early-bird rewards that make joining early a […]

cryptobriefing.com Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions

Ant Group's USDC integration may enhance stablecoin adoption globally, influencing cross-border payments and regulatory frameworks in Asia and Europe. The post Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions appeared first on Crypto Briefing.

blockonomi.com KuCoin Passes Hacken’s Latest Proof of Reserves Audit With Over 100% Coverage

TLDR: KuCoin reserves exceed user funds with BTC and ETH backed at 110%. USDT and USDC reserves stand at 114% and 112%, confirming full asset coverage. KuCoin has published uninterrupted PoR reports for 32 straight months. Hacken audit confirms wallet ownership and verified user balances. KuCoin has cleared its latest Proof of Reserves audit, reinforcing [...] The post KuCoin Passes Hacken’s Latest Proof of Reserves Audit With Over 100% Coverage appeared first on Blockonomi.

bitcoinist.com Most Bitcoin Holders Are Selling—But One Cohort Is Aggressively Buying

On-chain data reveals the Bitcoin holder groups are largely participating in distribution, but one key cohort is showing strong accumulation instead. Bitcoin Accumulation Trend Score Says 1,000 To 10,000 BTC Holders Are Buying In a new post on X, the on-chain analytics firm Glassnode has shared an update on how the Accumulation Trend Score is […]

news.bitcoin.com Trump Administration Imposes 50% Tariff on Brazilian Imports

Trump noted that the new 50% tariff on Brazilian imports was justified due to the unfair treatment of former President Jair Bolsonaro and the censorship orders issued by Brazil’s courts on social media platforms. In response, Lula stated that these measures would be met with reciprocity. Trump Enacts 50% Tariff on Brazilian Products The Trump […]