Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

SUI trades below $1 as institutional access expands via staked ETFs

Despite the launch of two new staked SUI exchange-traded products from Canary Capital (SUIS) and Grayscale (GSUI) on February 18th, the price of SUI continued to trade below $1, around $0.95. These products are designed to provide institutional investors with regulated exposure to the asset while capturing staking rewards. However, the market reaction was muted, with SUI's price remaining under pressure and near its lowest levels since late 2023. The lack of immediate positive price action suggests that broader market conditions and a focus on long-term accumulation, rather than short-term speculation, are currently outweighing the impact of the new investment vehicles.

ambcrypto02/18 16:47

SUI trades below $1 as institutional access expands via staked ETFs

ambcrypto02/18 16:47

BlackRock Begins Acquiring Ethereum Ahead of Staking ETF Launch

BlackRock has started acquiring Ethereum in preparation for its upcoming iShares Staked Ethereum Trust ETF (ETHB), as detailed in an amended SEC filing. The trust was seeded with $100,000, initiating the ETF creation process. The fund plans to stake 70–95% of its ETH holdings to generate yield, with the rest kept liquid for operations. Investors are expected to receive 82% of staking rewards, while BlackRock and Coinbase Prime share 18%. An annual sponsor fee of 0.25% will apply, temporarily reduced to 0.12% for the first $2.5 billion AUM. Meanwhile, ETH is trading around $1,995, below key moving averages, indicating continued bearish momentum. Support lies near $1,950, with resistance at $2,130 and $2,298. The market remains technically weak unless ETH reclaims short-term averages.

TheNewsCrypto02/18 15:14

BlackRock Begins Acquiring Ethereum Ahead of Staking ETF Launch

TheNewsCrypto02/18 15:14

XDC launches real-world USDC spending as stablecoins cross $307B

Stablecoins, with a total market capitalization exceeding $307 billion, are primarily used for behind-the-scenes financial transactions. However, a new partnership between XDC Network and OrbitX Pay aims to bridge the gap between on-chain assets and real-world commerce. This integration will allow users to spend USD Coin (USDC) held on the XDC network directly at any merchant that accepts Visa, functioning like a regular card payment. The goal is to reduce reliance on costly and time-consuming fiat currency conversions and third-party off-ramps. Ritesh Kakkad, co-founder of XDC Network, sees this as a move towards everyday blockchain utility. Similarly, OrbitX CEO Ankitt Guar stated the initiative aims to reduce friction by keeping users in control of their assets while connecting to global payment networks. This development occurs as stablecoin adoption grows. A BVNK research report found that 56% of stablecoin users plan to acquire more in the next year, and over half increased their holdings in the past year. Notably, about 35% of income for freelancers and sellers is received in stablecoins on average. The move underscores the evolution of digital assets from speculative instruments into practical tools for daily spending, though meaningful adoption of such integrations remains an open question.

ambcrypto02/18 15:03

XDC launches real-world USDC spending as stablecoins cross $307B

ambcrypto02/18 15:03

Pundit Explains Why Ripple And XRP Are A “Psyop” On Investors

Bitcoin maximalist Simon Dixon has reignited debate by labeling Ripple and XRP as a "psyop" that has undermined Bitcoin's original decentralized vision. He argues that the persistent need to explain the differences between XRP and Bitcoin has sown confusion and division within the crypto community, diverting attention from BTC’s core purpose. Dixon also cites other historical events that fractured Bitcoin’s ecosystem, including the 2014 Mt. Gox collapse, which damaged trust, and the block-size wars that led to hard forks like Bitcoin Cash. He suggests these incidents, along with influential figures potentially involved, formed a "divide and conquer" strategy that weakened Bitcoin’s early momentum. Despite these challenges, Bitcoin has recovered and remains the leading cryptocurrency with a $1.35 trillion market cap.

bitcoinist02/18 15:03

Pundit Explains Why Ripple And XRP Are A “Psyop” On Investors

bitcoinist02/18 15:03

Gemini Loses Three Senior Leaders In Sudden Executive Departures

Cryptocurrency exchange Gemini is undergoing significant executive turmoil as three top leaders—Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler Meade—have departed abruptly. The resignations, disclosed in a regulatory filing, come just months after the company’s New York IPO. Analysts warn the exits may raise concerns about Gemini’s solvency. The company also announced preliminary 2025 results, projecting an adjusted pre-tax loss between $257 million and $267 million. Net revenue is expected to be $165–175 million, while operating expenses are forecast to surge to $520–530 million. Gemini’s stock fell nearly 15% to a record intraday low of $6.64 following the news. These developments follow earlier announcements of a 25% workforce reduction and the winding down of operations in the UK, EU, and Australia.

bitcoinist02/18 12:09

Gemini Loses Three Senior Leaders In Sudden Executive Departures

bitcoinist02/18 12:09

Thiel and Founders Fund Exit Ethereum Treasury Firm ETHZilla

Billionaire Peter Thiel's Founders Fund has completely divested its 7.5% stake in Ethereum treasury management firm ETHZilla, as confirmed by a recent SEC filing. The firm’s shares fell approximately 3% following the news. ETHZilla, which pivoted from biotech to managing an Ethereum treasury in 2024, has faced pressure due to crypto market volatility and Ether’s price decline. The company sold $74.5 million worth of ETH in late 2025 to reduce debt and has since diversified into tokenizing real-world assets like housing loans and aerospace equipment. The divestment highlights how major investors are adjusting their portfolios in response to shifting market conditions.

TheNewsCrypto02/18 11:54

Thiel and Founders Fund Exit Ethereum Treasury Firm ETHZilla

TheNewsCrypto02/18 11:54

Visa Expands Stablecoin Strategy as Quantoz Joins as Principal Member in Europe

Visa has expanded its stablecoin strategy by welcoming Dutch payment company Quantoz as a principal member in Europe. This partnership enables Quantoz to issue Visa-branded virtual debit cards backed by its regulated digital money tokens, including USDQ, EURQ, and EURD, which maintain a 1:1 value with the US dollar and euro. Users can spend these tokens online and in-store via mobile wallets, making stablecoins usable for everyday payments. As a principal member, Quantoz can issue Visa cards directly without relying on banks and act as a BIN sponsor, allowing other fintech firms to launch their own stablecoin-linked debit cards using its membership. Quantoz’s tokens are issued under a Dutch central bank license, with funds held 1:1 in safeguarded accounts and protected by a bankruptcy-remote structure including a 2% reserve buffer. This move follows similar initiatives, such as Visa’s partnership with UK-based BVNK earlier this year, signaling a growing effort by traditional payment networks to integrate stablecoins into daily transactions.

TheNewsCrypto02/18 11:33

Visa Expands Stablecoin Strategy as Quantoz Joins as Principal Member in Europe

TheNewsCrypto02/18 11:33

Robinhood Plans $1 Billion IPO to Expand Retail Access to Private Markets

Robinhood has announced a $1 billion IPO to expand retail investor access to private market securities, which have traditionally been difficult for individual investors to enter. The funds will be used to develop technology infrastructure, enhance compliance, and provide educational resources for private equity and venture investments. The company aims to democratize investment opportunities in early-stage companies and plans to list on a major U.S. exchange after regulatory approval. This move may set a precedent for other fintech firms and accelerate competition in private market access, though challenges such as pricing uncertainty and investor protection remain.

TheNewsCrypto02/18 09:58

Robinhood Plans $1 Billion IPO to Expand Retail Access to Private Markets

TheNewsCrypto02/18 09:58

Elemental Royalty Becomes First Public Gold Firm to Offer Dividends in Tether Gold (XAUt)

Elemental Royalty Corporation has become the first publicly listed gold company to offer shareholders the option to receive dividends in Tether Gold (XAUt), a tokenized form of physical gold. This initiative, announced on February 17, allows qualifying shareholders to elect to receive dividends in XAUt tokens at par value, providing direct exposure to physical gold through digital means. The move represents a significant integration of blockchain technology into traditional financial operations, enabling gold-denominated returns instead of fiat currency. Tether Gold, with a market cap of $2 billion, leads the growing tokenized gold market, which has seen increased trading activity. This dividend policy follows Tether's strategic investment in Elemental last year.

TheNewsCrypto02/18 07:22

Elemental Royalty Becomes First Public Gold Firm to Offer Dividends in Tether Gold (XAUt)

TheNewsCrypto02/18 07:22

RWAs post 13.5% monthly gains as $1T exits the crypto market

Real-world assets (RWAs) on public blockchains grew by 13.5% in the past month, even as $1 trillion exited the broader crypto market. Ethereum remains the dominant platform with $178.9 billion in tokenized assets, followed by Solana and BNB Chain. Over 30 days, Ethereum added $1.7 billion in new value, nearly doubling Arbitrum’s growth. According to Coin Bureau’s Nic Puckrin, this trend signals a major shift in the digital asset sector, with capital rotating toward yield-bearing, cash-flow-backed instruments rather than simply leaving the ecosystem. Tokenization is expanding beyond a single chain, reflecting a long-term foundational change in the market.

ambcrypto02/18 03:02

RWAs post 13.5% monthly gains as $1T exits the crypto market