GateUser-7b23e414

AMINA Bank, a Switzerland-based crypto-focused institution, has begun offering services for Ripple's stablecoin, RLUSD. This makes it the first global bank to support RLUSD, targeting institutional and professional investors with custody and trading services. As stablecoins gain popularity amid regulatory developments, Amina plans to expand its offerings in the coming months.

Tether has partnered with Adecoagro to launch a Bitcoin mining project in Brazil, utilizing the company's surplus renewable energy. Tether aims to become the largest Bitcoin miner by the end of this year, investing $2 billion in energy and mining operations.

Abu Dhabi is set to list the MENA region's first blockchain-based bonds, issued by FAB and leveraging HSBC's Orion platform. This initiative aims to lead in the tokenization of real assets, enhancing investor access and reducing risks.

As the price of Bitcoin surpasses 110,000 Dollar and approaches a new all-time high, traders are showing a bearish stance, and the longs/short ratio has significantly decreased.
The increase in short position open interest from 32 billion Dollars to 35 billion Dollars indicates a rise in capital inflow into bearish positions, reflecting a lack of confidence in sustained upward movement.
Bitcoin has been fluctuating within the range of 100,000 Dollar to 110,000 Dollar recently. Technical indicators like RSI are showing bearish divergence, and traders are utilizing this range through short-term strategies.
Bitcoin (BTC) has surpassed 110,000 Dollars, reaching 110,20

MDM's ALTERNA service is collaborating with BOOSTRY and establishing a dedicated trust company to streamline asset management using security tokens. This partnership aims to enhance operational efficiency and product development speed, ensuring reliable and comprehensive services.

Bitcoin has surpassed $110,000 for the first time since June 11, driven by significant inflows into the U.S. spot ETF. This surge has also led to notable price increases in major cryptocurrencies and meme coins like BONK and FARTCOIN, which rose over 20%.

Mitsui & Co. Digital Asset Management and Sumitomo Mitsui Trust Bank have jointly established "Alterna Trust," focusing on security tokens. This partnership aims to improve efficiency in asset management services and accelerate product development in the growing security token market.

The Rex-OSPREY SOL+Staking ETF (SSK) has started trading on the Chicago Options Exchange (Cboe).
Anchorage Digital provides asset custody and Staking.
This is the first cryptocurrency staking ETF listed in the United States.
Rex Shares and Osprey Funds have appointed Anchorage Digital as the exclusive custodian and staking partner for the newly established REX-Osprey SOL+Staking ETF (REX-Osprey SOL+Staking ETF: SSK).

Pafin's "Cryptact" has launched a new feature for cryptocurrency tax filing in India, enabling local investors to report gains accurately by the 2025 deadline. This follows their previous expansion into Canada. India's strict tax regulations create a high demand for accurate profit calculation tools.

Vitalik Buterin emphasized the need for concrete user guarantees in the decentralized cryptocurrency sector during his keynote at the Ethereum Community Conference. He urged developers to focus on practical testing to ensure user security and warned about vulnerabilities in Layer 2 networks, advocating for privacy to become a default feature.

The Ministry of Economy, Trade and Industry (METI) implemented a "Digital Public Goods Construction Demonstration Project Utilizing Web 3.0 and Practical Blockchain" for six months starting in August 2024. Six project parties were selected to work on the social implementation and acceptance of Web3, focusing on RWA (tokenization of Spot assets), content IP, and regional revitalization DAO. During the period, workshops and discussions involving experts were held, and results based on anticipated use cases were compiled.
N.Avenue/CoinDesk Japan has been responsible for the public relations and workshop operations of this project, covering from the kickoff on August 20 to the results presentation on February 26, 2025.
>
> Related articles: A total of 80 participants,

Standard Chartered maintains a Bitcoin price target of $200,000 by year-end, driven by ETF inflows and corporate treasury purchases. They predict increased institutional support and macroeconomic factors will bolster demand in the coming months.

Deutsche Bank plans to launch a crypto custody service next year, seeking assistance from Bitpanda for its development. Previously, the bank collaborated mainly with Swiss firm Taurus and focused on stablecoin initiatives.

Bitcoin bulls should be cautious as the dollar index signals a potential "death cross," typically a bearish indicator. However, historically, such patterns have marked market bottoms and trend reversals, necessitating careful analysis by traders.

IoLe, operator of a communication service with 7 million users, officially entered the cryptocurrency finance business on July 1, advancing its Web3 growth strategy. This move aims to enhance profitability amid declining orders from major clients.

The Bank of Japan's recent paper examines digital identity's crucial role in Web3 adoption, highlighting risks tied to centralized services and advocating for self-sovereign identity, which allows users to control their data and enhance privacy in transactions.