Cryptocurrency

The Binary Holdings, a $16.9 billion technology leader, today announced a strategic investment of up to $5 million from ABO Digital, a digital asset investment firm providing alternative financing solutions to cryptocurrency projects around the world. This investment will power The Binary Holdings to accelerate its mission of transforming the global digital economy. With a robust user base of 169 million across multiple verticals, The Binary Holdings is reshaping how businesses, consumers, and investors interact in the digital landscape, and is targeting one billion users by 2025. This collaboration will drive the expansion of a decentralised open network that seamlessly integrates with Web2 infrastructure while unlocking the full potential of Web3, empowering businesses and users to benefit from digital services such as cross border payments, gaming, digital social and other compelling services.The Binary Holdings has established itself as a central player in decentralised connectivity, working with a range of partners, including major telecom providers, to redefine how people and businesses interact across regions. Through contracts with seven leading telcos and a growing network of non-telco partners, The Binary Holdings is setting a new benchmark for global interoperability in digital commerce. At the centre of the Decentralised Open Network for Distribution and Commerce is The Binary Network, where users, businesses, and service providers can seamlessly connect and transact across borders.By using BNRY, the network’s single digital currency, The Binary Network is redefining the way value flows between participants, ensuring that payments are frictionless and accessible to users worldwide. This bold vision of using a single digital currency across its vast ecosystem enables true interoperability and cross-pollination amongst its diverse range of partners in both the telco and non-telco sectors, allowing for commerce to flow in a way that was previously unimaginable, eliminating the barriers between platforms and national borders.The platform’s ability to facilitate seamless transactions and interactions across multiple industries has already garnered attention from some of the world’s largest companies. With contracts signed with seven major telcos, The Binary Holdings is on track to reach 1 billion users by December 2025, becoming a true global player in the decentralised economy.Introducing Millenia – Digital Bank for Seamless Cross-Border TransactionsIn Q2 2025, The Binary Holdings will launch Millenia, a digital bank aimed at simplifying cross-border payments and remittances for users within The Binary Network. Designed to empower seamless transactions for individuals and businesses, Millenia will offer a low-cost, fast, and transparent service powered by the secure decentralised and interoperable infrastructure of The Binary Network, with BNRY as the primary transaction digital currency.Supporting Multi-Chain Compatibility and Global dApp GrowthThe Binary Holdings’ blockchain infrastructure is gaining strong traction among dApp developers. Through partnerships with over seven Layer 1 and Layer 2 blockchain networks, The Binary Holdings has created unique bridges which provide dApps immediate access to Binary’s expanding user base of 169 million, projected to reach one billion by 2025, creating unmatched engagement and utility.By bridging Web2 and Web3, The Binary Holdings addresses a key challenge in the sector, accelerating Web3 adoption at scale and establishing itself as a leader in building tangible utility and mass adoption.“The Binary Holdings is at the forefront of creating a new global standard for digital distribution and commerce,” said Siddharth Sahi, CBO, The Binary Holdings. “With the launch of the Binary Digital Bank, support from ABO Digital, and an expanding network of partners, we’re excited to continue pushing boundaries and bringing innovative solutions to our global community.”A Tech Powerhouse in Southeast Asia and the Middle East and a Global Leader in the Digital Economy through Mass AdoptionThe Binary Holdings is rapidly establishing itself as one of the region’s most valuable and innovative tech companies, with a valuation of $16.9 billion. With strong partnerships, an expanding user base, and a commitment to essential infrastructure, The Binary Holdings is on track to become a global digital economy leader. Its blockchain technology drives innovation in decentralized finance (DeFi), NFTs, gaming, and digital commerce at scale, building a robust ecosystem that redefines business, payments, and global interactions.“We are excited to collaborate with The Binary Holdings at such a pivotal time in the evolution of the digital economy” said Talal Samy, Investment Associate at ABO Digital. “The company’s ability to innovate, scale, and bring real-world solutions to a global audience is unmatched. Their groundbreaking work in creating seamless global interoperability and fostering mass adoption of decentralised technologies aligns perfectly with our mission, and we are proud to support them as they continue to shape the future of Web3.”With ABO Digital’s support and its expanding ecosystem and through real-world applications, from digital payments to cross-border commerce, The Binary Holdings is pushing Web3 and blockchain into the mainstream.About ABO DigitalABO Digital is an investment firm providing alternative financing solutions to cryptocurrency projects around the world. It is part of the Alpha Blue Ocean group, a pioneering multi-family office renowned for its leadership in alternative finance and innovative investment strategies. With a global presence and a commitment to supporting groundbreaking projects, ABO Digital has established itself as a driving force in fostering technological advancements and sustainable growth across various sectors, including health, medical innovation, and now, blockchain technologies. About The Binary Holdings LimitedHeadquartered in Dubai, UAE, and with a global user base of 169 million, The Binary Holdings Limited is a leading decentralised technology company committed to creating open, interoperable networks for digital commerce. By 2025, it aims to empower a billion users worldwide with secure, scalable blockchain infrastructure.ContactHead of PRYousef BatterWhite Label Strategyyousef.batter@whitelabelstrategy.ioThis article was originally published on Chainwire More

A rally in most major altcoins also cooled on Wednesday in anticipation of more positive cues, especially on the regulatory front.Bitcoin rose 0.3% to $96,418.1 by 00:51 ET (05:59 GMT), remaining largely within a trading range of $90,000 to $100,000 established over the past two weeks.While the world’s largest crypto had risen sharply after Trump won the 2024 presidential elections, it turned rangebound after failing to cross the coveted $100,000 level. Crypto markets were largely anticipating more cues on policy from Donald Trump, following promises of friendlier regulation from the President-elect. Trump had vowed to make America the crypto capital of the world, and had also floated the idea of a Bitcoin national reserve. Trump’s cabinet picks- particularly for the Treasury Secretary and Secretary of Commerce roles- have both presented pro-crypto positions. Reports suggested that Trump was also planning on shifting crypto regulation to the Commodity Futures Trading Commission from the Securities and Exchange Commission.Trump’s potential pick for the SEC Chair, after Gary Gensler resigns in January, is also expected to be pro-crypto. Still, traders doubted whether Trump will be able to deliver on all of his crypto promises. A particular point of contention has been the establishment of a Bitcoin reserve, with analysts stating that a focus on reducing government spending and upholding the dollar will take precedence over any government buying of more coins.Recent data also showed the government mobilizing about $1.9 billion of Bitcoin onto an exchange, raising fears of a potential sale event. Broader crypto prices mostly tread water in tandem with Bitcoin, with caution also kicking in before more cues on U.S. interest rates. Federal Reserve Chair Jerome Powell is set to speak later on Wednesday, while key nonfarm payrolls data is due on Friday. World no.1 altcoin Ether rose 0.9% to $3,666.0.XRP fell 1% to $2.6010, cooling after a stellar rally to six-year highs. XRP was boosted by speculation that a change in leadership will see the SEC drop its long-running lawsuit against XRP issuer Ripple. Solana rose 3.9%, extending recent gains, while Cardano fell 5.4%. Polygon traded sideways.Among meme coins, Dogecoin fell 1.1%.  More

Perennial announced the launch of Perennial Intents, a unique intents layer for perpetual futures, designed to unify DeFi’s fragmented liquidity landscape and deliver a centralized exchange trading experience on-chain. By sourcing liquidity from on-chain and off-chain venues, Perennial Intents is delivering deeper markets, better prices, and a unified trading experience designed to move DeFi forward.Tackling DeFi’s Liquidity FragmentationA Hybrid Model for the Future of DeFiAlthough intents are not new to DeFi, Perennial Intents introduce a layered model that combines intent-based off-chain order matching with on-chain AMM settlement. Perennial claims this model streamlines trading by pairing intent-based order matching with on-chain AMM settlement. The team claims this hybrid approach guarantees optimal price execution for traders while enabling solvers to dynamically manage liquidity without long-term collateral constraints—unlocking deeper markets and greater efficiency.One-Click Trading and the Perennial Petals ProgramAlongside Perennial Intents, the launch includes two additional upgrades: one-click trading and the Perennial Petals points program. Traders can now enjoy seamless trading with a single collateral account, while the Petals program rewards users with points for their trading activity, with 2x points available during the initial launch period.Perennial is a DeFi-native derivatives primitive designed to serve as the liquidity backbone for DeFi. Backed by leading investors, including Polychain, Variant, and Archetype, Perennial has facilitated over $2.8 billion in trading volume. Its growing ecosystem includes integrations with prominent trading interfaces like Kwenta, Siren, Rage Trade, and Cryptex Finance.For more information on Perennial Intents, users can visit their website or join the community on Discord.ContactHead of MarketingLucas TerryPerenniallucas@perennial.financeThis article was originally published on Chainwire More

This article was originally published on U.Today More

Rizzo shared this fun fact on social media platform X, sparking reflection in the crypto community about how far Bitcoin has journeyed through the years.Bitcoin was launched in January 2009 by the pseudonymous creator Satoshi Nakamoto, and its value was initially near zero.In the early days of Bitcoin, there were no exchanges that resembled those available today. In an early transaction, for instance, 5,050 BTC were exchanged for $5.02, offering an estimate of a price of around $0.0009 per Bitcoin.On Feb. 9, 2011, BTC touched $1.00 for the first time in history. A few months later, in June, the price of a single Bitcoin reached $10, then $30 on Mt. Gox. This represents a 100x increase since 2011, when the price of Bitcoin was around $0.30. By the end of the year, Bitcoin had rebounded to a little under $5.Bitcoin’s price increased dramatically in 2013, for the first time since 2011. Bitcoin rose from $13 at the beginning of the year to roughly $250 in April. It subsequently cooled for a bit before rapidly appreciating again to more than $1,100 in December of that year.Bitcoin’s price steadily increased in 2017, culminating in a massive blow-off high of nearly $20,000. Bitcoin experienced another big rally in 2021, hitting $69,000 in November of that year.Fast forward to last month, and Bitcoin neared $100,000, reaching a record high of $99,728 on Nov. 22. At the time of writing, Bitcoin was trading at $95,504.This article was originally published on U.Today More

Namada, the shielded asset hub enabling shielded cross-chain transactions, has officially published its genesis block, marking the launch of its mainnet. Along with the commencement of staking and governance, this marks the start of the first phase of Namada’s five stage decentralized mainnet rollout. This marks an important step forward, offering comprehensive data protection and selective disclosure across the multichain landscape. Introducing NamadaNamada is designed to enable the protection of users’ personal data when using on-chain assets and engaging in cross-chain transactions. Its key innovation, the Multi-Asset Shielded Pool (NASDAQ:POOL) (MASP), can support the shielding of user data related to any asset, enabling shielded interactions across different blockchain networks. Namada enables selective disclosure, giving users the ability to share transaction data publicly and to specific parties. Additionally, Namada is introducing a unique shielding rewards system for users protecting their personal data.Namada introduces a suite of innovative features designed to protect user data while enabling seamless shielded cross-chain interactions:This process will unfold in five stages, each driven by community decisions via on-chain governance. Discussions around the mainnet release candidate software, configurations, genesis block draft, and tokenomics have taken place within the Namada community forum, ensuring a transparent, decentralized, and collective approach to the launch.The Anoma Foundation proposed the initial set of genesis allocations, including a total supply of 1 billion NAM tokens with no lockups, distributed among community members, early contributors, and future development initiatives. This decentralized approach ensures that the network’s launch and ongoing governance remain in the hands of its users.Namada is poised to support IBC-based assets initially, but can be upgraded in the future to support additional ecosystems, with the aim of becoming the data protection layer for the entire multichain ecosystem.About NamadaNamada is the shielded asset hub rewarding users to protect the multichain. By leveraging advanced zero-knowledge cryptography, Namada enables selective disclosure of personal data, offering unparalleled data protection across assets, applications, and blockchain networks. It introduces shielded cross-chain interactions and shielding rewards for users who protect their data and strengthen its shielded set.ContactPR RepresentativePatrick KennedySerotoninpatrick@serotonin.coThis article was originally published on Chainwire More

A New Chapter for MemecoinsPepeto has raised over $1 million during its presale phase, drawing notable interest from the cryptocurrency community. Beyond its role as a memecoin, Pepeto aims to elevate the entire memecoin sector by introducing a bridge and exchange platform to support liquidity, accessibility, and collaboration among tokens. With plans to adopt all next-generation memecoins in the anticipated 2025 bull run, Pepeto is positioning itself as a cornerstone project within the crypto community.Website upgrade and Early OpportunitiesPepeto has completed its Q4 2024 roadmap and is now progressing toward Q1 2025 milestones. As part of its ongoing growth, a recent update to its official website, https://pepetotoken.io, signals preparations for a potential announcement regarding PepetoSwap technology. With its evolving exchange ecosystem and growing interest, Pepeto is attracting early adopters ahead of broader market participation. Currently priced at just $0.000000094 and sharing the same total supply as Pepe (420T), Pepeto offers an opportunity for early engagement in the evolving memecoin landscape.X post: https://x.com/Pepetocoin/status/1863555223060365357Pepeto Unveils Upgrades Ahead of Beta LaunchPepeto continues to expand, highlighted by ongoing development efforts to launch the beta version of its bridge and exchange technology during the presale period. The upgraded official website, https://pepetotoken.io, now offers enhanced functionality to support upcoming utilities like cross-chain trading and token listings, aiming to bring new capabilities to the memecoin sector. With presale prices rising at each stage and staking options providing extra incentives, the project offers early access to its evolving ecosystem through the official platform.Pepeto’s Utility: Bridge EcosystemPepeto’s ecosystem distinguishes itself by providing tools designed to reshape the memecoin market:Pepeto’s Mythological NarrativePepeto’s mythological narrative, centered on its quest to gather six sacred documents, has intrigued the crypto community. The story of the God of Frogs highlights the project’s unique approach and evolving legacy. Additional details are available to interested users through Pepeto’s official website and social media channels at https://pepetotoken.io.ConclusionWith over $1 million raised and a growing ecosystem designed to support memecoins, Pepeto is making strides in the market. Combining a unique narrative, innovative tools, and an expanding community, the project is positioned to gain traction ahead of the 2025 bull run. The PepetoSwap technology upgrade signals further developments on the horizon.About PepetoPepeto is a memecoin project designed to integrate cross-chain utility with community-driven development. Offering zero-fee trading, blockchain bridge functionality, and a staking rewards program, Pepeto seeks to combine accessibility with practical features. The project emphasizes interoperability and long-term value, fostering a dedicated user base through its ecosystem innovations and community-focused approach.Disclaimerpepetotoken.io is the sole official platform for purchasing Pepeto tokens. Investors are encouraged to exercise caution and avoid unofficial sites. For accurate information, users can visit https://pepetotoken.io.Social Media:This article was originally published on Chainwire More

Bitcoin Hits Session Low, Falls Below $94,000 Amid Risk Off Sentiment Following Martial Law in South KoreaRelated stocks: More