7 Aug 2025, 17:27

Tether Backs Spanish Crypto Exchange Bit2Me in €30M Funding Round

Tether, the company behind the world’s leading stablecoin USDT, has made a bold move into Europe and Latin America. The company has recently invested in Spain’s leading crypto exchange, Bit2Me. This marks a turning point for the region’s crypto landscape as new regulations take effect. Tether is Expanding Across Borders As announced, Tether Ventures has been allocated a minority stake in Bit2Me, in support of the Spanish company’s wider €30 million funding round. With this move, Tether is backing Bit2Me’s effort to grow across Europe and Latin America. A large part of the new funding will be used to expand Bit2Me’s presence in Latin America. The region is seeing a rise in crypto use. This is especially as many people look for safer financial tools during times of high inflation and unstable local currencies. Argentina is a top focus for Bit2Me. In recent years, more Argentinians have turned to stablecoins like USDT to protect their money. Bit2Me sees a chance to offer trusted, regulated crypto services in countries where people need better financial options. Bit2Me Seen As Leader in Spanish-Speaking Crypto Markets The Spanish company was founded in 2014 and has become one of Spain’s most trusted digital asset platforms across Spain and Latin America at large. The company offers a wide range of crypto services, including trading. It also acts as an asset custodian for big institutions’ companies and provides crypto education. The company is widely seen as a leader in the Spanish-speaking crypto world. Furthermore, this new investment comes shortly after Bit2Me received official approval from Spain’s financial regulator, the Comisión Nacional del Mercado de Valores (CNMV). The approval was granted under the European Union’s Markets in Crypto-Assets (MiCA ) rules. With this, Bit2Me has become the first Spanish-native crypto company to be licensed as a Crypto-Asset Service Provider. This gives the company permission to operate across all EU countries under one license. A Shared Vision for Regulated Crypto Growth Bit2Me says this new partnership with Tether was carefully planned. The company said it took time to study Tether’s recent efforts to be more open and comply with global rules. Bit2Me made sure the deal would not affect its own legal responsibilities or high standards. Tether’s investment is part of its bigger plan to support safe and legal crypto platforms. It has also been putting money into projects that help people in developing countries get better access to financial tools and education. Bit2Me is a great fit for this plan. It already follows strict rules and understands the needs of local users. With new laws like MiCA shaping crypto in Europe, legally compliant platforms like Bit2Me are in a strong position to grow and lead the way. The post Tether Backs Spanish Crypto Exchange Bit2Me in €30M Funding Round appeared first on TheCoinrise.com .

7 Aug 2025, 17:15

Cardano (ADA) Could Explode by 75%, But Under This Condition (Analyst)

TL;DR Analysts predict ADA could surge to $1.30, $1.60, or even a new all-time high above $4, depending on breakout levels. Recently, Cardano’s community approved a $71 million funding proposal designed for network upgrades. The Bullish Targets Cardano’s native token was at the forefront of gains in mid-July, soaring to as high as $0.93. Since then, though, it has been on a downtrend and currently trades at around $0.74 (per CoinGecko’s data). The popular X user Ali Martinez recently argued that ADA could witness another major uptick and rally to an eight-month peak of $1.30. According to the analyst, however, the necessary condition for this potential explosion is a breakout above $0.84. CryptoBullet – an X user with over 170,000 followers on the social media platform – is also bullish, envisioning a possible spike beyond $1.60. For their part, TapTools noted a resemblance between the current ADA/BTC chart and the one witnessed before the bull cycle in 2021. That said, they expect a major rally in the following months. Other popular figures who have touched upon the matter recently include Hardy and Smith. The former believes that those who hold ADA are “golden” because the bull run has not yet started. Last week, Smith spotted the formation of a “monstrous cup and handle” on the asset’s price chart, which could be a precursor of a massive pump. The analyst thinks the valuation could hit a new all-time high above $4 once it surpasses the breakout target of $0.92. The Multi-Million Approval Just a few days ago, Input Output Global, the core development team behind the Cardano blockchain, received a funding green light for its protocol roadmap proposal. The sum equals around $71 million worth of ADA and will be taken from the Cardano treasury. The initiative gained significant approval, with 74% casting a “yes” vote. Tim Harrison, EVP Community & Ecosystem at Input Output, described this as “a milestone moment” for the blockchain protocol and noted that this is the first time such a development will be funded directly by the community. “This vote of confidence empowers us to move forward with full transparency, shared responsibility, and a renewed commitment to building an open, resilient ecosystem,” Harrison added. The capital will be used to support the implementation of major upgrades, including boosting network throughput without compromising security or decentralization, enhancing the Hydra layer-2 solution, laying the technical groundwork for more advanced smart contracts, and other improvements. The post Cardano (ADA) Could Explode by 75%, But Under This Condition (Analyst) appeared first on CryptoPotato .

7 Aug 2025, 17:00

XRP Treasury Companies Are Coming With These Firms Already Adding To Balance Sheet

More companies are beginning to add XRP to their corporate treasury balance sheets, signaling a shift in how public firms view the cryptocurrency. As the tide shifts in XRP’s favor, these companies are beginning to recognize its value not only as a utility token but also as a treasury asset. These developments come as XRP gains traction for its utility in real-time payments and blockchain-based financial infrastructure. XRP Adoption Grows Among Corporate Treasuries A recent update from crypto market analyst Bill Morgan, based on US SEC filings and corporate disclosures, reveals that at least two companies have either already added or announced the intention to add XRP to their balance sheets. These companies, Floral Growth Corp and Hyperscale Data Inc., are showing a strong interest in XRP, signaling growing institutional confidence in the digital asset . Flora Growth Corp, a publicly traded company, disclosed in its Form 10-Q filing that it holds XRP, along with Solana (SOL) and Ethereum (ETH), as part of its cryptocurrency portfolio. According to statements on the company’s official website, the acquisition of these assets was done explicitly to strengthen its balance sheet. Meanwhile, Hyperscale Data Inc. has taken an even more aggressive stance. Morgan notes that in a recent Form 8-K filed with the US SEC , the company announced it will begin publishing monthly reports on its digital asset holdings, starting with its initial XRP positions this month. This follows a May 28 announcement by its subsidiary Ault Capital Group Inc. (ACG), which confirmed its intent to acquire $10 million worth of XRP. Notably, the company emphasized XRP and the XRP Ledger’s (XRPL) potential to support real-time payment networks, cross-border settlement systems , and decentralized financial applications. According to ACG’s announcement, the acquisition is part of a broader effort to integrate modern digital asset solutions into its next-generation financial service model. The announcement also specifically highlighted XRP’s enterprise-grade design, low-cost, and secure transactions as key reasons for the planned acquisition. Morgan further states that ACG sees XRP as a tool for enhancing liquidity and blockchain-based financial products. Institutional Momentum Grows Amid Regulatory Clarity Interestingly, the growing demand for XRP among corporate treasuries comes amid a backdrop of evolving regulatory clarity . This shift in its regulatory environment has likely contributed to institutions’ renewed willingness to engage with the cryptocurrency. Although Morgan notes that he is merely reporting information from the filings and has not conducted an in-depth analysis of the companies, the timing aligns with improved market sentiment following recent developments in the Ripple and SEC case . According to a recent report from the X social media account ‘XRP Update’, former SEC lawyer Marc Fagel notes that the regulatory agency is expected to vote imminently to dismiss its appeal in the Ripple case , potentially as early as August 7. If confirmed, it would mark one of the most significant legal turning points in XRP’s history, removing a longstanding cloud of uncertainty that has hovered over the asset for years.

7 Aug 2025, 16:55

Bank of America Economists Rule Out Rate Cut in 2025, According to the Trillion-Dollar Lender’s CEO Brian Moynihan – Here’s Why

Bank of America’s economists are predicting that the Fed will not cut rates this year, according to the lender’s CEO Brian Moynihan. In a new CNBC interview, Moynihan says that the bank’s economists believe inflation pressures will cause the Fed to hold off cutting rates until 2026 as the economy remains healthy. “Our economists believe there’ll be no recession. They believe the economy in the US will grow about 1%-1.5% this year. They believe that the Fed will not cut rates because inflation will take longer to get down during ’25. They’ll cut them in ’26. They’ve been on that for a long time. And even when the tariffs came in, they said all that caused economic less economic growth this year than they otherwise scheduled, but still no recession.” He also says that the Fed will likely not be in a rush to cut rates this year because economic indicators remain strong with consumer spending up, unemployment low and credit capacity high. “For the month of July 2025 versus the month of July 2024 our consumers pushed 5% more plus in the economy from their accounts… Credit quality of our customer base is very strong, and in the industry is very strong… Lines of credit usage for consumers, for the home equity loans, are still down 30% from where they were pre-pandemic, and house prices have gone up. So the capacity is there… The unemployment rate in the US at 4.2% plus or minus is full employment. And what our economists actually say is the supply of labor is going to be a constraint on job growth, not the demand for labor.” Meanwhile, the CME FedWatch Tool, which generates probabilities using the 30-day Fed Funds futures prices, estimates at time of writing that there’s a 91.2% chance the Fed will cut the federal target rate by 25 basis points at the Federal Open Market Committee (FOMC) meeting in September. The rate cut probability soared after the recent labor report indicated total non-farm payroll employment increased by 73,000 jobs in July, less than the Dow Jones estimate of 100,000. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bank of America Economists Rule Out Rate Cut in 2025, According to the Trillion-Dollar Lender’s CEO Brian Moynihan – Here’s Why appeared first on The Daily Hodl .

7 Aug 2025, 16:54

Tether Takes Minority Stake in Bit2Me, Leads $34M Investment Round

Tether, the company behind the world’s largest stablecoin USDT, has made a new investment in Bit2Me, acquiring a minority stake in the Spanish crypto platform. As part of the deal, Tether is also leading a €30 million ($34 million) funding round to support Bit2Me’s expansion across Europe and Latin America. Tether Acquires Minority Stake in Bit2Me and Leads €30 Million Funding Round. Read more: https://t.co/2Botln3Wsm — Tether (@Tether_to) August 7, 2025 The funding round is expected to close in the coming weeks and marks a significant partnership between one of the most prominent stablecoin issuers and one of Europe’s most regulated crypto exchanges. Regulatory Milestone Under MiCA Bit2Me recently became the first Spanish-speaking crypto exchange to gain regulatory approval under the European Union’s new Markets in Crypto-Assets (MiCA) framework. With this designation, Bit2Me is now a registered Crypto-Asset Service Provider (CASP) with Spain’s securities market regulator, the CNMV. This status allows the exchange to legally operate across all 27 EU member states — a key advantage as MiCA begins reshaping how digital asset firms can serve users across Europe. Tether’s CEO, Paolo Ardoino, said the company was impressed by Bit2Me’s commitment to regulatory compliance, user education, and transparent practices. “Their focus aligns with our mission to create a more open and accessible financial system,” Ardoino said. Expansion Into Latin America Beyond Europe, Bit2Me has also set its sights on Latin America — particularly Argentina, where inflation and currency instability have made crypto a popular alternative. With Tether’s backing, Bit2Me said it aims to expand its infrastructure, grow its user base, and introduce new services tailored to regional needs. Bit2Me currently serves over 1.2 million users and 7,000 businesses, with transaction volume surpassing €3 billion so far in 2025. Its leaders say Tether’s involvement will fast-track growth across multiple fronts. According to Bit2Me co-founders Andrei Manuel and Pablo Casadío, joining forces with Tether represents a “transformational moment” that will help with their ability to scale products and services. Tether Invests in Blockchain Analytics Firm Crystal Intelligence In July, Tether made a new investment in Crystal Intelligence, a blockchain analytics firm. In a blog post, Tether shares its growing focus on improving transparency and combating illicit use of stablecoins across blockchain networks. Crystal Intelligence, originally launched by blockchain software firm Bitfury, provides data-driven tools for analyzing blockchain transactions. The firm is used by law enforcement, regulators, and financial institutions to detect and investigate suspicious crypto activity. With this investment, Tether said it aims to deepen its collaboration with Crystal and further integrate advanced analytics into its compliance and monitoring systems. The post Tether Takes Minority Stake in Bit2Me, Leads $34M Investment Round appeared first on Cryptonews .

7 Aug 2025, 16:48

Healthcare Technology Company Cosmos Health Announces Launch of Ethereum Treasury Strategy! Here's Its Budget

Nasdaq-listed health technology company Cosmos Health announced the launch of a new Ethereum treasury strategy, securing up to $300 million in financing to bolster its digital asset reserves with Ethereum. Nasdaq Company Cosmos Health Secures $300 Million in Funding for Ethereum Treasury Strategy The company secured the funding through a securities purchase agreement with an unnamed U.S.-based institutional investor. The financing includes the issuance of senior secured convertible notes. Cosmos Health stated that its Ethereum reserve strategy will support its digital transformation and e-commerce initiatives. It will also serve the company's plans to explore the use of blockchain technology in areas such as supply chain traceability, healthcare incentive programs, and global customer engagement. Under the terms of the agreement, the company will be required to use at least 72.5% of the net proceeds from each financing round to build a treasury of digital assets, with the remainder directed towards working capital and growth initiatives. The collected ETH will be stored and staked through BitGo's institutional custody and staking infrastructure. Cosmos also plans to develop additional strategies to generate returns on its ETH holdings and optimize cash flow. After the increased institutional interest in Bitcoin treasuries in the first half of 2025, many companies have recently begun to announce their Ethereum treasuries strategies. Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that companies holding Ethereum treasury are “highly investable” and are currently more attractive than US spot Ethereum ETFs. According to Kendrick, Ethereum treasury companies have stronger return potential than Bitcoin treasury companies thanks to their access to DeFi leverage systems and staking rewards. Currently, the largest institutional Ethereum holder is SharpLink Gaming with 360,810 ETH, followed by Bitmine with 300,660 ETH. *This is not investment advice. Continue Reading: Healthcare Technology Company Cosmos Health Announces Launch of Ethereum Treasury Strategy! Here's Its Budget