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Cryptography News
Bitcoinmagazine
3w
83
Sorted Wallet Integrates Breez SDK to Enable Bitcoin Payments on Feature Phones
- Sorted Wallet has integrated the Breez SDK to enable bitcoin payments on feature phones and simple Android devices, targeting a user base of over 300 million people.
- The integration allows Sorted to offer non-custodial Lightning payments without users needing to run a node or rely on third-party custodians.
- Users retain control of their private keys, and the Breez SDK supports both Bitcoin and USDT, operating with low computational and storage requirements.
- Sorted explored solutions for simple devices after conversations with the KaiOS team and chose Breez for its low resource requirements and self-custody design.
- The goal is to support retail payments and cross-border transfers on widely used devices in underserved markets.
- New features like a merchant app and WhatsApp-based remittance tool can now be built due to the integration.
- Sorted believes that expanding access to Bitcoin enables new use cases and empowers users to move value freely without dependencies on third parties.
- Recent investments from Tether support Sorted's decisions to increase access to bitcoin for those without banking services or limited by borders.
- Sorted posted on social media about integrating the Breez SDK to unlock Lightning-fast Bitcoin payments on everyday devices globally.
- The press release emphasizes Sorted's mission to bring bitcoin to everyone, especially those using feature phones and simple Android devices.
- The move is expected to empower users by providing them with more control over their money and expanding the possibilities for using Bitcoin.
- The integration also paves the way for future innovations and services, such as retail payments and cross-border transfers, on devices already prevalent in underserved markets.
- The partnership between Sorted Wallet and Breez aims to make Bitcoin payments accessible on a wider range of devices, including feature phones and lightweight Androids.
- The post on social media highlights the focus on expanding access to Bitcoin across different types of devices globally.
- According to the article, Sorted's integration of the Breez SDK represents a step towards enabling Bitcoin payments for the next billion users.
- The partnership between Sorted Wallet and Breez is seen as a strategic move to democratize access to Bitcoin and empower users across various devices.
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Bitcoinmagazine
3w
325
Parataxis Holdings to Create South Korea’s First Bitcoin Treasury Company
- Parataxis Holdings LLC is set to acquire a controlling interest in South Korean biotech company Bridge Biotherapeutics, Inc., for KRW 25 billion ($18.3 million), establishing South Korea’s first Bitcoin treasury company.
- The acquisition will involve renaming Bridge Biotherapeutics to Parataxis Korea, maintaining its presence on the KOSDAQ exchange, pending shareholder approval.
- Parataxis Holdings' Founder and CEO, Edward Chin, will join Bridge Bio’s Board of Directors, with Andrew Kim from Parataxis Capital becoming CEO.
- The move signifies a shift for Bridge Biotherapeutics from a traditional biotech firm to a hybrid company focusing on both therapeutic development and Bitcoin treasury management.
- The goal is to facilitate institutional access to Bitcoin while upholding strong corporate governance standards and capital management.
- South Korea is viewed as a significant market for Bitcoin adoption, and regulatory advancements could make it an ideal locale for ventures like Parataxis Korea.
- Edward Chin emphasized the strategic importance of the Bitcoin treasury venture, foreseeing benefits for shareholders and the country in the long term.
- The transaction is slated to finalize post shareholder approval, with legal and financial guidance provided by Shin & Kim LLC and Deloitte.
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Coindoo
3w
334
Image Credit: Coindoo
Active Addresses Drop as Bitcoin Surges Past $105,000
- The number of active BTC addresses remains stagnant at levels last seen in 2020, despite Bitcoin's surge past $105,000.
- Analysis by Alphractal suggests the lack of activity does not indicate celebration of Bitcoin's milestone but rather indicates disinterest in the market.
- Alphractal argues that the stagnation is not due to long-term conviction or holder discipline, as both on-chain transaction volume and spot exchange activity remain low.
- The report highlights that despite Bitcoin's price exceeding $100,000, overall interest seems minimal among retail and institutional investors.
- Alphractal dismisses the notion that subdued participation is due to Bitcoin being seen as a passive store of value, attributing it to disillusionment among investors.
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Coindoo
3w
145
Image Credit: Coindoo
Qubetics’ Final Presale Stage at Just $0.3770 Makes It The Best Crypto for Beginners, While OKB and Pi Hold Their Ground
- Qubetics' final presale stage offers $TICS at $0.3370, appealing to beginners in crypto looking for opportunities amidst market volatility.
- Qubetics introduces Web3 for seamless cross-border transactions, addressing challenges of traditional finance systems with blockchain technology.
- Qubetics' presale presents a chance for early adopters to potentially gain significant returns as the price is expected to rise post-listing.
- OKB, the native token of OKX exchange, maintains steady growth and a market cap of $3.17 billion, showing resilience amid price fluctuations.
- Pi, an emerging token with a market cap of $4.03 billion, aims to enhance crypto accessibility and has garnered a substantial community base.
- Qubetics, OKB, and Pi each offer distinctive value propositions, with Qubetics standing out for its practical use case and potential in the presale phase.
- Qubetics' presale provides an opportunity for investors to secure $TICS tokens before the surge, potentially leading to impressive ROIs of up to 1000%.
- OKB's utility within the OKX ecosystem and Pi's community-driven platform contribute to their attractiveness for users seeking stable coins with growth potential.
- For beginners in the crypto space, Qubetics emerges as a promising option with its presale dynamics, innovative design, and focus on real-world applications.
- In a market teeming with new coins and dynamic shifts, Qubetics, OKB, and Pi present varying opportunities for investors seeking to diversify and capitalize on the crypto trends.
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Cryptoticker
3w
83
Image Credit: Cryptoticker
Can PEPE Coin Survive This Drop?
- PEPE coin, a popular meme token, is experiencing a decline in price after a previous rally, prompting speculation about its future performance.
- The current PEPE coin chart shows weakness, with the price around $0.00001028, indicating a bearish trend.
- Key support levels for PEPE coin include $0.00001000 and $0.00000820, while resistance levels are at $0.00001350, $0.00001680, and $0.00002000.
- The RSI suggests bearish momentum, with potential for further downside if support is broken.
- Possible retracement levels could lead to a 20.23% downside if support at $0.00001000 is breached, or a 31.33% upside if a bounce occurs to $0.00001350.
- Short-term traders should monitor the $0.00001000 support level for potential moves, while long-term believers might see this dip as a buying opportunity near strong support.
- Price action in the coming days will be crucial in determining PEPE coin's next direction.
- PEPE remains a high-risk, high-reward investment, and traders should exercise caution and analyze the market before making decisions.
- Bitget is recommended for purchasing PEPE coin due to low fees, user-friendly platform, and 24/7 customer support.
- To buy PEPE on Bitget, users need to create an account, complete KYC verification, deposit funds, and then proceed to buy PEPE.
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Coindoo
3w
378
Image Credit: Coindoo
Kraken Launches Bitcoin Staking via Babylon, Offers 1% APR Rewards
- Kraken has launched a Bitcoin staking service via Babylon with rewards of up to 1% annual percentage rate in $BABY tokens.
- The staking feature is available on Kraken's standard and Pro platforms, as well as its mobile apps, offering a seamless experience for BTC holders.
- Users can activate staking through the 'Earn' tab, with no minimum balance requirement, and rewards are distributed weekly.
- Kraken manages all technical processes, ensuring user control over their Bitcoin on the blockchain.
- The initiative leverages Babylon's protocol to enable Bitcoin to support proof-of-stake (PoS) networks, contributing to their security.
- Kraken highlights fast onboarding, seamless exchange integration, and industry-leading security as core advantages of its staking service.
- With over 430 cryptocurrencies available for trading and staking, Kraken aims to be a top-tier platform for digital asset management.
- The Bitcoin staking service allows BTC holders to earn yield while participating in decentralized PoS infrastructure development.
- The article elaborates on how Kraken's Bitcoin staking service via Babylon provides a competitive edge in the crypto staking market.
- Kraken's initiative offers a new way for BTC holders to generate yield without compromising asset safety.
- This move signifies Kraken's continued efforts to innovate and provide value-added services to its users.
- The news was originally published on Coindoo.
- Kraken's Bitcoin staking through Babylon demonstrates its commitment to evolving the staking landscape.
- The service aligns with the trend of decentralized ecosystems and the expansion of the Babylon protocol.
- Overall, Kraken's Bitcoin staking initiative with Babylon aims to enhance the staking experience for users in the crypto space.
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Coindoo
3w
269
Image Credit: Coindoo
Traders Scoop Up Uniswap, Remittix and Pepe as Ethereum Nears Breakout To $3k and Beyond
- Traders show optimism in the market with a potential Ethereum price breakout to $3k.
- Pepe, a meme coin, continues to perform well with strong community support and trading volume.
- Pepe is priced at $0.00001034, up by 1.93% in the past day, with a market cap of $4.35 billion.
- Uniswap remains a key player in DeFi, with UNI token trading at $7.58, up 1.14%.
- Remittix, offering real-world utility in crypto-to-fiat transactions, is gaining attention.
- Remittix has raised over $15.7 million with a current token price of $0.0781.
- Investors can access a 50% bonus in the Remittix presale aiming for an $18 million soft cap.
- Remittix is compared to early Ripple (XRP) and Stellar (XLM) with fast adoption potential.
- Ethereum's rise to $3K is attracting investor interest in tokens like Uniswap, Pepe, and Remittix.
- Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions.
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Cryptoticker
3w
154
Image Credit: Cryptoticker
Today Could Change Everything for BTC and ETH Price: WHY?
- Today, June 20, 2025, is a crucial day for the crypto market as $4.1 billion in Bitcoin and Ethereum options are set to expire, sparking intense speculation.
- The expiry could determine whether BTC and ETH will break to new highs or remain in a tight range, with Bitcoin near $105,216 and Ethereum at around $2,900.
- Options expirations impact price direction and short-term volatility, leading to phenomena like price pinning near strike levels, volatility compression, and a potential reset for a new market trend.
- After expiry, implied volatility decreases, causing option premiums to fall and price swings to diminish temporarily, signaling a potential calm period before significant market movements.
- The expiry results could influence a breakout or a short-term stall in the crypto market, considering macro factors, like Fed rate discussions and safe-haven appeal, shaping the environment.
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Bitcoinmagazine
3w
140
KindlyMD Secures $51.5M to Accelerate Its Bitcoin Treasury Strategy
- KindlyMD, Inc. secures $51.5 million in private placement financing to accelerate its Bitcoin treasury strategy as it prepares to merge with Nakamoto Holdings Inc.
- Nakamoto raises an additional $51.5 million through a private investment in public equity (PIPE) which brings their treasury to $763 million in escrow, pending merger approval with KindlyMD.
- KindlyMD has raised a total of approximately $563 million in PIPE financing and $763 million including convertible notes.
- The funding round was priced at $5.00 per share and closed in under 72 hours, showing strong investor interest. The proceeds will be used to purchase Bitcoin and support working capital.
- The merger between KindlyMD and Nakamoto Holdings is expected to close in Q3 2025, pending SEC review and shareholder notification.
- The goal of the merger is to bring Bitcoin to the center of global capital markets within a compliant and transparent structure, aiming to deliver sustained value to shareholders.
- KindlyMD aims to leverage Bitcoin's dominance and real-world utility to strengthen its company and provide long-term value for investors once the merger is complete.
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Financemagnates
3w
74
Image Credit: Financemagnates
Coinbase Announces EU MiCA License From Luxembourg Regulator
- Coinbase has obtained a Markets in Crypto Assets (MiCA) license from Luxembourg's financial regulator, allowing the exchange to provide crypto services across all 27 European Union member states.
- The license was granted by the Commission de Surveillance du Secteur Financier (CSSF), establishing Luxembourg as Coinbase's official crypto hub in the region.
- This move enables Coinbase to streamline its European operations under a unified regulatory framework.
- The MiCA license permits Coinbase to offer its full range of crypto products and services throughout the EU's single market, reaching over 450 million people.
- Luxembourg was chosen by Coinbase for its clear regulatory environment and history of financial innovation.
- Before the MiCA license, Coinbase operated through individual national authorizations in various EU countries.
- The MiCA framework aims to enhance consumer protections and bring consistency to the previously fragmented regulation of crypto assets across the EU.
- Coinbase's acquisition of the license signifies progress towards increased compliance in Europe.
- Other major exchanges like OKX, Crypto.com, and Bybit have also secured MiCA licenses.
- Coinbase stressed the importance of policymakers aligning with global developments as the MiCA regime is set to start implementation from mid-2025.
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Coindoo
3w
251
Image Credit: Coindoo
Bitcoin Price Holds Above $95K Supply Cluster—Key Bullish Threshold in Focus
- Glassnode's BTC CBD Heatmap identifies a crucial support zone for Bitcoin between $95,500 and $97,000, below the short-term holder cost basis at $98,000.
- This support region is considered essential for maintaining the current bullish market structure.
- Sustaining the price above this range is crucial to continue the broader bullish trend, while a breakdown below could trigger a bearish phase.
- The on-chain volume accumulation in this area signifies its significance as a key battleground for market sentiment.
- Market participants are closely monitoring price movements for signs of support or weakness.
- If the support zone holds, Bitcoin could potentially rise towards $111,000 and higher.
- However, a drop below $95,000 could increase downside volatility as short-term holders go underwater.
- Bitcoin's current price position just above the $95K supply cluster is a key focus for traders and investors.
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Coindoo
3w
207
Image Credit: Coindoo
Litecoin and Solana ETFs To Get Approved First, Altcoin Season On Hold Until Then, Or Is It?
- Litecoin and Solana are potential leaders in the next group of crypto ETF approvals, with Litecoin at $85.23 and Solana at $143.32.
- Remittix, a fast-tracked project, is gaining traction regardless of ETF headlines.
- ETF approval for altcoins like Litecoin and Solana is eagerly awaited due to their liquidity, stability, and community support.
- Litecoin and Solana have high daily trading volumes of $311.77 million and $3.2 billion, respectively.
- Remittix, trading at $0.0781, is gaining attention for its strong utility-based token approach and upcoming wallet launch.
- Remittix has raised $15.7 million and sold over 545 million tokens, offering a 50% token bonus.
- While Litecoin and Solana may lead ETF approvals, Remittix's real-world utility might drive altcoin season momentum.
- Global remittance markets exceeding $190 trillion make Remittix well-positioned for market demand.
- Remittix's crypto-to-bank payment bridge supporting major coins like BTC, ETH, and XRP adds to its potential.
- Investors are recognizing projects like Remittix for their utility and market potential in the evolving altcoin market.
- The market for altcoins, with projects like Remittix, is already active and developing, potentially independent of ETF approvals.
- Altcoin season may not necessarily start with ETFs but could be driven by projects with strong real-world utility like Remittix.
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Bitcoinmagazine
3w
312
BitBox Announces BitBox02 Nova, A New Hardware Wallet For Bitcoin
- BitBox has launched the BitBox02 Nova, a new hardware wallet designed for Bitcoin self-custody with native iOS compatibility and a secure Bluetooth system called Whisper.
- The BitBox02 Nova addresses previous limitations by creating new hardware for native support on iPhone and iPad devices.
- The device emphasizes customer feedback, ensuring cold wallet security while meeting Apple's requirements.
- Whisper, the Bluetooth system, isolates wireless communication to enhance security and privacy by encrypting data and preventing tracking.
- The BitBox02 Nova features an EAL6+ certified secure chip, a new display, and expanded memory for future updates and additional functionalities.
- It is available in two versions: one for Bitcoin only with minimal firmware and another for altcoins with two-factor authentication support.
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Coinjournal
3w
339
Image Credit: Coinjournal
Floki Inu price forecast: has FLOKI hit bottom?
- FLOKI is trading near a key support at $0.00007000 amid an extended bearish trend.
- The Valhalla mainnet launch, scheduled for June 30, may trigger bullish momentum.
- A break above $0.00007500 could signal a strong price reversal.
- FLOKI's price erosion has led traders to speculate about a potential reversal due to technical signals and upcoming developments.
- Despite recent declines, there are signs of potential accumulation around the $0.00007000 support level.
- Technical analysis indicates a short-term bearish phase for FLOKI, with signs of increased selling pressure and limited bullish strength.
- The Valhalla mainnet launch and utility developments in the FLOKI ecosystem offer hope for the coin's future.
- FLOKI's market cap is around $735 million, with speculation about a potential run towards $1 to $2 billion with renewed buying interest.
- Bullish divergences on trading charts suggest FLOKI could reach a pivot point, especially if it breaks through near-term resistance at $0.00007500.
- Traders are advised to monitor support at $0.00007000 and resistance at $0.00007500 for potential price movements.
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Bitcoinmagazine
3w
347
South Korea Moves Closer to Approving Spot Bitcoin ETFs
- South Korea's Financial Services Commission plans to introduce spot Bitcoin and crypto ETFs by the second half of 2025.
- The move comes amidst growing institutional demand for regulated Bitcoin investment vehicles.
- The roadmap includes measures for investor protection frameworks such as custody, operation, and evaluation standards.
- South Korea aims to approve Bitcoin and crypto ETFs following the success of similar launches in the U.S.
- The initiative aligns with President Lee Jae-myung's campaign pledge to modernize the country's digital capital markets.
- The plan also involves provisions for won-based stablecoins and increased oversight of crypto exchanges.
- Regulators will focus on guidelines for fund structuring, custody arrangements, and investor protections.
- Local exchanges will face new requirements related to fee transparency and market conduct.
- The FSC's roadmap indicates South Korea's intention to provide regulated Bitcoin and crypto investment vehicles.
- Bitcoin is currently trading at $106,006, up 0.93% over the past 24 hours.
- The news article was first published on Bitcoin Magazine and written by Vivek Sen.
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