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ACH: Alchemy Pay Now Supports StraitsX-Issued Stablecoins $XSGD and $XUSD for Global Fiat On-Ramps

Kasikornbank (KBank) has expanded its Q Wallet app to let Thai travellers pay Singapore merchants by scanning GrabPay QR codes, with settlement handled on-chain via StraitsX's XSGD stablecoin — no currency exchange or overseas bank account required, according to an announcement on Wednesday.

The three-way partnership between KBank, StraitsX, and Grab uses Q-money, KBank's own e-money token, as the settlement medium. Transactions run on Quarix, a blockchain infrastructure built by Orbix Technology & Innovation, a KBank group entity. Through integration with StraitsX, Q-money interoperates with XSGD to settle payments in real time between the two countries' payment ecosystems. The system also implements Purpose Bound Money controls to add programmable guardrails to the flows.

Both StraitsX and Grab hold Major Payment Institution licences from the Monetary Authority of Singapore, and StraitsX and KBank are participating members of MAS's Bloom initiative. On the Thai side, the service is operating under a Bank of Thailand regulatory sandbox.

Singapore is KBank's first overseas pilot market for Q Wallet. The Grab merchant network gives it meaningful merchant coverage from day one, without requiring Thai travellers to download a separate local payments app.

StraitsX CEO Tianwei Liu framed the tie-up as a proof point for stablecoins in everyday cross-border commerce. "Travellers shouldn't have to think about currencies when they cross borders," he said.

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Concordium, a popular blockchain network, has collaborated with Safle Walet, a renowned multi-chain crypto wallet. The partnership aims to bolster PayFi network as well as enable compliance-ready identity in the Web3 sector. As the platform asserted in its announcement on X, the development denotes the start of a wider strategy to grow the adoption of the PayFi sector with a privacy-preserving approach. Keeping this in view, the development improves identity management, merchant adoption, and accessibility across the Web3 ecosystem.

Concordium and Safle Wallet Integrate to Drive PayFi Innovation and Expand $CCD Access As a part of this collaboration, Safle Wallet will integrate Concordium protocol to offer unparalleled access to its native token $CCD. Thus, the joint endeavor focuses on advancing the PayFi sector with the provision of privacy-first solutions. Apart from that, Safle Wallet already serves over 169M consumers across the globe. Now, it has become a widely trusted tool provider when it comes to digital asset management and multi-chain identity.

With this integration, both the Android and iOS consumers using Safle Wallet can create Concordium wallets and manage them natively. Additionally, they can also receive and send $CCD tokens while also leveraging an unparalleled QR code scanning to carry out transfers. Simultaneously, the users can now link Safle ID with Concordium ID to conveniently manage diverse identities across several blockchains with an inclusive platform.

How Does This Partnership Benefit Developers? According to Concordium, the integration with Safle Wallet minimizes dependence on the native tools, bringing forth a multi-chain and flexible environment for seamless innovation. The partnership also unlocks new pathways for the development of next-gen dApps, cutting-edge identity-led features, and cross-chain solutions. Overall, the mutual initiative is poised to expedite innovation in a compliant setting, connecting the Web3 ecosystem with a privacy-first and scalable future.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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Concordium, the enterprise-focused Layer 1 blockchain known for its built-in identity layer and protocol-level token architecture, announced today that three stablecoin issuers will natively launch assets on its PayFi ecosystem. StablR, Colb and VNX will use Concordium’s Protocol-Level Token technology to issue coins that reside directly in user wallets without relying on smart contracts, a design the company says reduces the kinds of counterparty and code-risk commonly seen on other chains.

“We’re thrilled to partner with StablR, Colb, and VNX to bring their stablecoins to our PayFi ecosystem,” said Concordium CEO Boris Bohrer-Bilowitzki. “The arrival of three new issuers showcases how Concordium is becoming the home for compliance-ready Stablecoins looking to be adopted for real world use cases.”

The three stablecoins will be pegged to different fiat currencies, GBP, USD and AED, supporting broader geographic and commercial reach. Concordium highlights its protocol-level ID layer and zero-knowledge-enabled privacy features as key infrastructure that lowers security risks and enables compliance controls important for institutional issuance and payments.

European issuer StablR, which the announcement says is backed by Tether and Kraken and holds an Electronic Money Institution (EMI) license for EU compliance, will bring euro and USD stablecoins to Concordium. Since launching six months ago, StablR has been listed on more than 50 exchanges, including Kraken, Bitfinex, Bybit and HTX, supports 150+ trading pairs and reported €3 billion in transaction volume in H1 2025.

“At StablR, we are excited to support innovative protocols, and Concordium stands out for its strong focus on KYC and security. Launching EURR and USDR on Concordium is an important step toward bringing compliant stablecoin solutions to the ecosystem. We look forward to a successful rollout and continued collaboration to build trust and accessibility in digital finance,” said StablR Founder & Chief Executive Officer, Gijs op de Weegh.

Concordium Strengthens PayFi Ecosystem Colb, a USD-backed stablecoin with reserves held in Swiss banks, will also issue on Concordium and plans to open investor access to Tokenized Structured Products (TKSPs) that mirror the performance of real-world assets. Liechtenstein-based VNX will deploy a British Pound stablecoin backed 1:1 by GBP reserves held in banks in Switzerland and Liechtenstein.

The move comes as stablecoin activity continues to grow. The announcement cites Visa data showing stablecoin transactions crossed $7.1 trillion in the past 12 months, although on-chain payments for everyday commerce still represent only a sliver of total transaction volumes. Several issuers, mentioned by Concordium as Spiko, Agant, Aryze, Eurodollar, Noon, Deep Blue and AEDX, are also pursuing mainstream payment use cases and leveraging Concordium’s protocol features to accelerate adoption.

Concordium, founded in 2018, positions itself as a research-backed chain for enterprises: its protocol-level identity guarantees verified yet privacy-preserving interactions, while programmable tokens and PayFi features, such as time-released payments, compliance controls and ID-based geofencing, are designed to support cross-border and regulated use cases.

The company says those capabilities make it an attractive destination for “enterprise-ready” stablecoins that must meet emerging regulatory expectations while enabling real-world payments. Taken together, the new issuances mark a notable step in Concordium’s effort to build a compliance-centric stablecoin hub, one that seeks to blend the programmability of blockchain money with custody, identity and regulatory guardrails demanded by banks and corporate users.

AUTHOR

Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.

London, UK – October 2025: Zebu Live wraps up after hosting over 4,500 attendees and 10,000 virtual participants, marking the event’s most ambitious edition to date. 

The two-day summit featured more than 200 speakers and 500 partners, including headline addresses from Nigel Farage, Leader of Reform UK; Tom Duff Gordon, Vice President of International Policy at Coinbase; and Joey Garcia, Executive Director at Xapo Bank.

Major sponsors and partners included Coinbase, Solana, Concordium, Alkimi, and Andersen LLP, underscoring Zebu Live’s position as the intersection of Web3 innovation and institutional engagement.

Throughout the event, speakers and panels examined topics such as Intelligence Onchain, Beyond Digital Gold, Builders & Backers, Code vs Law, and From Protocol to Product, providing attendees with insights on the shifting dynamics of blockchain, policy, and infrastructure.

Crypto’s expanding institutional footprint was evident as Bitwise’s Head of Europe, Bradley Duke, underscored how corporate treasuries and institutional investors are increasingly positioning digital assets as both a hedge against monetary debasement and a catalyst for long-term growth.

“We’re seeing the true institutionalization of blockchain,” Duke said in his keynote. “Corporate treasuries, ETFs, and regulated products are now forming the structural backbone of the crypto market.”

Another partner, Rayls, known as “the bank for blockchain”, successfully raised over $1.75 million through its public sale on Republic, underscoring the rising demand for institutional-grade blockchain products and infrastructure.

Further signaling the market’s growing maturity, UK-based firm Echo was acquired by Coinbase in a transaction supported by Andersen LLP’s digital asset team. The deal highlighted the deepening connection between traditional advisory firms and Web3 enterprises, reflecting increasing institutional confidence in the strength of the UK’s blockchain ecosystem.

“The UK’s momentum in digital assets is building, supported by clear innovation and encouraging signals that contribute to its standing as a global crypto and fintech hub, but it is vitally important to get the stablecoin and crypto regime right. Our efforts, such as the Coinbase accelerator, are cultivating a pipeline of Web3 startups and highlighting the high quality of local talent.”

— Keith Grose, Senior Country Director of Coinbase.

Adding to the excitement, Coinbase CEO Brian Armstrong spotlighted the event on social media, sharing his support for Zebu Live and its alignment with the Stand With Crypto movement, further emphasizing the UK’s growing role in shaping forward-looking Web3 regulation and innovation.

“Zebu Live has become more than a conference; it’s where the global Web3 community comes together to shape the next decade of innovation,” said Harry Horsfall, Co-Founder of Zebu Live. “This year’s event reflected how far the industry has evolved, from speculative markets to scalable products, real-world use cases, and regulatory collaboration.”

With another record-breaking year concluded, Zebu Live continues to set the stage for global collaboration across blockchain, fintech, and AI, reinforcing its reputation as a leading annual moment for the builders shaping the decentralized internet.

About Zebu Live100 super early bird tickets are on sale now (linked here).

Designed to unite the brightest minds in Web3, Zebu Live is a global catalyst for collaboration and the acceleration of blockchain adoption. Now in its fifth year, Zebu Live has cemented its place as the UK’s flagship Web3 summit, bringing together innovators, industry leaders, and changemakers from across the crypto, fintech, and policy spectrum.

Through immersive conferences, workshops, and community events, Zebu Live provides a platform for knowledge-sharing, networking, and launching the ideas that are shaping the future of decentralized technology.

Media Contact

Jolyon Layard Horsfall
[email protected]: https://www.zebulive.xyz/

Concordium is announcing a partnership with Transak, a global fiat-to-crypto payment gateway, expanding access to CCD, the native token of the Concordium blockchain. The integration is now live, enabling users to interact with CCD through Transak’s on-ramp infrastructure. According to the update, the impact of this is said to be amplified via a Coin98 wallet integration, which is live.

Via this collab, Concordium continues to open gateways to its Smart Money ecosystem, making access to CCD – the utility token powering transactions, governance, staking and dApps – faster and secure.

The integration eliminates traditional barriers to entry, enabling users to move from fiat to crypto using payment methods, such as “credit and debit cards, bank transfers and Apple or Google Pay.”

As noted in the announcement, there are “no central exchanges. no complex steps.” Only a “simple path to interacting with the Concordium blockchain.”

Used by Web3 platforms and people worldwide, Transak says it has facilitated more than “$2 billion in fiat-to-crypto transactions, with nearly 30% through stablecoins.”

This scale now extends to the Concordium ecosystem, unlocking direct access to CCD for users, and “advancing Concordium’s vision to make Smart Money accessible to everyone.”

Lowering the entry barriers is vital to steady ecosystem expansion. With two Tier-1 on-ramps – Banxa and Transak – integrated within the last three months, Concordium continues to build momentum “towards universal access.” It now enables devs, entrepreneurs, and enterprises “to join the chain’s ecosystem with ease.”

Developers gain access to CCD for deploying and testing dApps, while users benefit from a “frictionless global on-ramp experience.” At the same time, institutions and fintechs witness Concordium’s commitment to delivering the infrastructure for “compliance ready use cases, security, and readiness for large-scale, real-world integration.”

The partnership’s impact reaches further with the Coin98 wallet integration, giving over 10 million users direct “access across Asia, Europe and Latin America to the Concordium ecosystem.”

This alignment between Transak, Coin98 and Concordium bridges local markets with compliance-ready blockchain infrastructure, “accelerating mainstream adoption and expanding CCD’s reach and utility to all corners of the globe.”

Coin98 users can on-ramp with Transak by creating “a verified account via the Concordium ID app (downloadable on Apple App Store and Google Play).”

Transak’s on-ramp will be natively integrated into Concordium wallets, offering a better experience for users and developers.

Transak brings expertise as one of the widely integrated on-ramp providers in the blockchain sector. Concordium, with its identity-anchored and compliance-ready infrastructure, offers the “foundation for Web3 innovation and real-world adoption.”

Now, the platforms will aim to deliver a borderless access layer, uniting traditional finance with blockchain technology – all with the stated goal to accelerate the “adoption of Smart Money around the world.”

Transak’s integration reportedly solidifies Concordium’s vision to make decentralized finance “universal and secure.” With Transak now connecting a new, global user base to CCD, Concordium moves closer to an ecosystem where Smart Money knows “no borders, empowering anyone, anywhere to participate in a digital economy built on trust, transparency, and real-world utility.”

Bitcoin.com, one of the most popular crypto ecosystems in the world, has teamed up with Concordium, a PayFi-focused Layer-1 blockchain that protects privacy while still allowing for compliance. The partnership will bring age-verified stablecoin payments to more than 75 million wallets around the world. This is a big step forward for digital payments that are compliant and respect privacy.

Giving people the power to protect their privacy while still following the rules The integration will bring Concordium’s ‘1-Click Verify & Pay’ technology directly into the Bitcoin.com Wallet, allowing users to verify critical identity attributes—such as age or jurisdiction—without exposing personal details or relying on centralized ID databases.

Verification will happen off-chain by independent third-party providers, so no personal information will be stored on the blockchain. Zero-knowledge proof (ZKP) technology keeps transactions safe by letting users prove their eligibility without giving away their identity. This way, they can be fully compliant while still keeping their privacy.

“At Bitcoin.com, our focus has always been on empowering people to take control of their finances through self-custody,” said Corbin Fraser, CEO of Bitcoin.com. “As the regulatory landscape evolves, partnerships like this one with Concordium help bridge the gap between privacy and compliance. By enabling age-verified payments that preserve user anonymity, we’re supporting a maturing crypto industry—one where individuals maintain sovereignty over their data while giving regulators the confidence they need for Bitcoin and crypto to achieve global adoption.”

What Concordium Does: Privacy Meets Utility Concordium’s “1-Click Verify & Pay” makes payments on the blockchain easier by combining verification and transaction settlement into one step.

Fraser’s comments were echoed by Concordium CEO Boris Bohrer-Bilowitzki, who said, “Partnering with Bitcoin.com brings our vision to life: secure, verified, reliable, and cheap payments that work for everyone, from individuals to institutions. By combining anonymous verification and payment into one easy step, we are reducing friction for users and merchants alike, enabling a new era of Smart Money worldwide.”

The system lets merchants accept stablecoin payments while also checking that customers are old enough to buy things like alcohol, games, or adult content. The process doesn’t require complicated setup or ongoing compliance costs like traditional verification systems do. Instead, it offers a decentralized, cost-effective, and privacy-first alternative to centralized identity schemes.

Taking on a global regulatory problem Governments around the world are making rules about digital identity and online safety stricter, which is why the partnership is happening. The Online Safety Act requires more than five million age checks to be done every day in the UK alone. Similar programs are also being put in place in other European countries and U.S. states.

Because of this, there has been a huge increase in the need for compliance solutions that protect privacy. Bitcoin.com and Concordium’s partnership directly meets this need by letting businesses follow the law without having to collect personal information in a way that is intrusive.

It also promises to help the $308 billion stablecoin market grow beyond trading ecosystems and into regular e-commerce, where the lack of verified payment infrastructure has been a major problem.

Connecting crypto payments to real-world use The integration of Concordium’s regulatory-ready identity protocol with Bitcoin.com’s huge global reach makes it possible for stablecoin payments to be used by a lot of people for everyday transactions.

Merchants and consumers will soon be able to transact in verified stablecoins—quickly, privately, and compliantly—in use cases where existing digital payment methods either fail regulatory checks or compromise personal privacy.

The solution also offers a compelling alternative to state-mandated digital ID systems, providing individuals with self-sovereign verification options that align with decentralized finance (DeFi) principles.

About Concordium Concordium is a scalable Layer-1 blockchain offering a built-in identity layer that combines privacy and accountability. Powered by zero-knowledge proof technology, Concordium enables verified yet anonymous transactions suitable for both individuals and enterprises.

Founded in 2018, the platform supports Smart Money applications, programmable tokens, and PayFi-focused features such as time-locked releases, compliance controls, and ID-based geofencing. With a focus on enterprise-ready stablecoin infrastructure, Concordium is emerging as a key blockchain for regulatory-compliant digital payments.

🔗 Learn more at www.concordium.com .

About Bitcoin.com Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency. Its ecosystem offers educational resources, news coverage, and intuitive self-custodial tools, enabling users to buy, trade, spend, and manage crypto securely.

With a user base of more than 75 million wallets, Bitcoin.com continues to drive mainstream crypto adoption, empowering individuals to take control of their finances while shaping the future of decentralized payments.

Wallet owners will be able to verify certain identity qualities, such as age or jurisdiction, without actually having to divulge personal information or handle complicated identity handoffs thanks to the integration. The incorporation takes place at a time when there is a rising worry around digital IDs that are enforced by the state and centralized data collecting. More than 75 million wallets across the world will now be able to take advantage of age-verified payments thanks to the collaboration between Bitcoin.com and the PayFi-focused Layer-1 blockchain Concordium. Bitcoin.com has opened the door to a new era of compliant and verified access to cryptocurrency payments by incorporating Concordium’s ‘1-Click Verify & Pay’ technology into its widely used wallet application.

Wallet owners will be able to verify certain identity qualities, such as age or jurisdiction, without actually having to divulge personal information or handle complicated identity handoffs thanks to the integration, which is presently in the process of being developed and is scheduled to deploy in the near future. It is true that verification takes place off-chain via reputable and impartial third-party sources; nevertheless, the blockchain does not store any personal information throughout this process. There is a zero-knowledge proof (ZKP) technique that is used to safeguard each transaction. This technology guarantees perfect anonymity while also satisfying severe regulatory standards.

“At Bitcoin.com, our focus has always been on empowering people to take control of their finances through self-custody,” said Corbin Fraser, CEO of Bitcoin.com. “As the regulatory landscape evolves, partnerships like this one with Concordium help bridge the gap between privacy and compliance. By enabling age-verified payments that preserve user anonymity, we’re supporting a maturing crypto industry—one where individuals maintain sovereignty over their data while giving regulators the confidence they need for Bitcoin and crypto to achieve global adoption.”

Fraser’s comments were echoed by Concordium CEO Boris Bohrer-Bilowitzki, who said, “Partnering with Bitcoin.com brings our vision to life: secure, verified, reliable, and cheap payments that work for everyone, from individuals to institutions. By combining anonymous verification and payment into one easy step, we are reducing friction for users and merchants alike, enabling a new era of Smart Money worldwide.”

The incorporation takes place at a time when there is a rising worry around digital IDs that are enforced by the state and centralized data collecting. Users are able to demonstrate their eligibility without having to divulge their identity with Concordium’s “1-Click Verify & Pay,” which provides an option that is streamlined, decentralized, and prioritizes private information. Merchants will now have the ability to verify access and accept stablecoin payments for age-restricted items and services such as alcohol, gambling, or adult material. This will have the effect of ensuring that legal compliance is maintained without incurring the expenditures of sophisticated setup or ongoing infrastructure. For the very first time, blockchain technology offers a payment rail that is suitable for use in scaling up e-commerce.

A significant need that has been brought to light by the widespread adoption of new safety legislation, particularly in the United Kingdom, France, and numerous states in the United States, has been filled by the introduction of age-verified cryptocurrency payments. According to a report by the government of the United Kingdom, an extra five million age checks are being performed every single day as a result of the implementation of the Online Safety Act, which allows users from the United Kingdom to access websites that are limited to users of a certain age. While the stablecoin market has surpassed $308 billion, 99% of stablecoin transactions remain locked within crypto trading ecosystems. As a result, stablecoins have not been able to break out as mainstream payment solutions owing to a lack of verification. This is also the case in the payments area.

Bitcoin.com and Concordium expect that their alliance will not only make it easier for consumers to make use of stablecoins, but it will also secure users’ privacy while they are doing business online, which will help alleviate worries about state-led digital monitoring.

Concordium is a scalable Layer-1 blockchain that provides a unique identity layer at the protocol level. This layer ensures that user interactions are authenticated and confidential, and it is enabled using zero-knowledge proof technology.

The research-backed chain enabled Smart Money with programmable protocol-level tokens, advanced PayFi features such as time releases and compliance controls, and secure ID-based geofencing for cross-border transactions. As a result, it is the chain of choice for enterprise-ready stablecoins that are looking for real-world adoption while adhering to new regulatory frameworks. The chain was established in 2018.

Bitcoin.com has been a worldwide leader in exposing novices to cryptocurrency ever since it was founded in 2015. Featuring easily available instructional resources, news that is both recent and impartial, and self-custodial products that are straightforward to use, Bitcoin.com makes it simple for anybody to purchase, spend, trade, invest, earn, and keep up to speed on cryptocurrencies and the future of finance.

A crypto enthusiast. Loves to write. Gives full dedication to every task assigned. Specializes in delivering on tight deadlines. An animal lover, especially dogs.

Identity checks to power AI stablecoin payments added to Coinbase-incubated x402

COINTELEGRAPH: IBMs crypto partner Dfns integrates Concordium for Web3 compliance

Chainlink Expands Adoption With 14 New Integrations Across 8 Blockchains

The collaboration between the two organizations is based on two cooperative projects, both of which are connected to Concordium’s AI infrastructure. The Danish National Team’s helmet and jersey will include Concordium branding as part of this agreement, with category exclusivity across digital assets for the length of the agreement. Today, the Danmarks Ishockey Union (DIU) announced Concordium, the official AI partner of the Danish National Ice Hockey Team and a purpose-built AI infrastructure for businesses, agent networks, and developers. The collaboration will begin in the 2026 IIHF Ice Hockey World Championship in Switzerland.

The collaboration between the two organizations is based on two cooperative projects, both of which are connected to Concordium’s AI infrastructure. Using Concordium’s zero-knowledge proofs and an Agentic Commerce initiative, a Verified Fan Program will test a privacy-preserving fan experience, showing how verified AI agents working at scale may provide a much better fan experience. Concordium’s recent efforts with the x402 agentic payments protocol are strengthened by this collaboration.

“Agents transacting at scale need a verified identity they can carry and settlement rails they can trust,” said Varun Kabra, Chief Growth Officer at Concordium. “The infrastructure for that already exists. What it has lacked is legibility, a place where mainstream audiences can see it working. We are very excited to partner with the Danish Ice Hockey team to build together a solution where AI can deliver a much superior fan experience.”

The Danish National Team’s helmet and jersey will include Concordium branding as part of this agreement, with category exclusivity across digital assets for the length of the agreement. Concordium’s native token, CCD, is used to settle the whole partnership fee. This is the first national-team partnership to be paid and locked in a native protocol token. The payment is made on-chain at the time of signing, with DIU having complete self-custody and a twelve-month lock-up enforced at the protocol level.

Through broadcasters like Viaplay, ZDF, ARD, TSN, and ESPN, viewers in Sweden, Finland, Germany, Switzerland, Canada, and the US may watch the Danish Ice Hockey team’s games in the 2026 World Championship. A total of 215 million people watched the 2025 IIHF World Championship live, while 25.6 billion people saw the tournament in 155 nations.

Concordium is an AI infrastructure for the agentic economy, driven by a regulatory-grade blockchain that was specifically designed with identity and trust in mind.

The counterparty requires confirmation that a verified person authorized the autonomous actions of an AI agent. At the infrastructural level, Concordium provides that guarantee. Verified AI agents and verified humans work on the same identity layer exclusively on this platform. World-renowned cryptographers created it, and businesses, agent networks, and developers all around the globe rely on it. Visit concordium.com for more.

The Danmarks Ishockey Union is in charge of the senior men’s, women’s, and youth national teams for ice hockey in Denmark. With many players in the NHL and numerous World Championship quarterfinal appearances, Denmark consistently ranks among the top ten hockey nations. In only eight years, Denmark has established itself as a successful international host country, hosting four IIHF World Championships: the women’s competitions in 2022 and later in 2026, and the men’s competitions in 2018 and 2025.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.

Alt Season Coming: Which Altcoins Will “Outperform Bitcoin” in 2020?

Sia has launched Skynet, a content delivery network (CDN) and web hosting platform.

Skynet is powered by Sia’s blockchain-based, peer-to-peer file storage network. Users and developers can upload files and applications to Skynet. Those files will stay online as long as at least one peer is willing to “pin” the file.

This means that data is, more or less, permanent and immutable, announced the project on Feb. 18.

Sia’s Skynet service should be distinguished from its main file hosting service, which costs money, and which is intended as private cloud storage for individual users.

By contrast, Skynet is intended for public web hosting. Support for encrypted private data is under development, but it is not currently a feature of the platform.

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Economics of the Service Currently, anyone can upload a file to Skynet through various web portals through Sia’s command-line client, or through web apps such as this Pastebin-like text uploader.

It is not clear if Sia has any plans to prevent spam by limiting uploads per user or restricting file sizes. According to Sia, Skynet nodes only experience about $10 of additional transaction fees each month—suggesting that network capacity is plentiful and not an immediate concern.

Crypto incentives are ahead: Sia says that portals may eventually accept microtransactions via the Lightning Network and other channels. However, Skynet is entirely free for now.

Facing the Competition Sia’s Skynet is not the only web hosting platform of its type.

IPFS, a sister project of Filecoin, serves a similar purpose, and it has risen to popularity since it went live in 2015. TRON’s BitTorrent File System and NKN (New Kind of Network) are two other decentralized, blockchain-integrated platforms aimed at web hosting and content delivery.

These services have great potential. Lack of central control means that data cannot be unilaterally censored or blocked; instead, any part of the network can host data if it wishes to.

However, there are issues: long-term data permanence is not guaranteed, large-scale performance is not yet proven, and some networks have not agreed on an approach to illegal content.

Visibility may be the largest problem at the moment. Fortunately, browsers like Brave, Opera, and Unstoppable Browser are gradually introducing support for decentralized protocols.

Together, their efforts could lead to wider mainstream support in the future.

Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.

Binance to remove NKN/BTC and STX/BNB spot trading pairs

PANews reported on August 6 that according to an official announcement, based on the recent review results, Binance will remove the following spot trading pairs and stop trading at 11:00 on August 8, 2025 (Eastern Time): NKN/BTC and STX/BNB.

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币安将于7月9日进行现货API升级，预计持续约一小时

PANews Newsflash1 minute ago

[입출금] 엔케이엔(NKN) 입출금 일시 중단 안내

NKN Network: Upbit Suspends Deposits and Withdrawals

Source: Binance EN

This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics. When we conduct these reviews, we consider a variety of factors. Below are the updated metrics we look at that influence whether we decide to delist a digital asset: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksLevel of public communication, community engagement, and transparencyResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceNew regulatory requirementsMaterial/unjustified increase in token supply or changes to tokenomicsImpact from changes to the project’s ownership structure or to the core team membersCommunity sentiments Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2026-02-13 03:00 (UTC): Acala Token (ACA)Tranchess (CHESS)Streamr (DATA)dForce (DF)Aavegotchi (GHST)NKN (NKN) Please note: The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Spot The spot trading pair(s) of the aforementioned token(s) will be removed.All trade orders will be automatically removed after trading ceases in each respective trading pair. Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2026-02-13 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses. Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2026-02-06 03:00 (UTC) - After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to Binance Spot Copy Trading delisting time to avoid potential losses. Accounts The token's valuation will no longer be displayed in users’ accounts after delisting. To view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all of their accounts.Deposits of these token(s) will not be credited to users’ accounts after 2026-02-14 03:00 (UTC). Withdrawals of these token(s) from Binance will not be supported after 2026-04-13 03:00 (UTC). Delisted tokens may be converted into stablecoins on behalf of users after 2026-04-14 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion. In situations where token conversion is not feasible, Binance will keep withdrawals open, subject to network availability. Futures Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned token(s) at 2026-02-06 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the contracts of the aforementioned token(s) starting from 2026-02-06 08:30 (UTC). In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the contracts of the aforementioned token(s) without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. Funding Rate Arbitrage Bot At 2026-02-06 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the symbols of the aforementioned token(s). The pairs will no longer be available for opening new arbitrage strategies upon delisting. Simple Earn Binance Simple Earn will delist the token(s) mentioned above after 2026-02-09 07:00 (UTC). Users may choose to redeem their Flexible and Locked Products positions beforehand. Otherwise, these Flexible and Locked Products positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Accounts, together with any accrued rewards. Dual Investment Binance Dual Investment will cease support for the aforementioned token(s), and users will not be able to subscribe to these products starting from the subsequent Friday at 08:00 (UTC). Unsettled subscriptions will be refunded on the subsequent Friday at 08:00 (UTC). The asset, including rewards, will be distributed to users’ Spot Accounts within 4 hours. The rewards will be calculated based on the actual subscription period. Mining Pool Binance Pool will cease support for mining the token(s) mentioned above at 2026-02-06 3:00 (UTC). Your final payment will be settled on the following day. We strongly advise all users to stop mining the token(s) before Binance Pool ceases mining support for the token(s) to avoid any potential losses. Loan At 2026-02-06 07:00 (UTC) VIP Loan and Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-02-06 10:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Margin Accounts, less any collateral already available.At 2026-02-03 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining token(s) in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining token(s) in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred.Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before the Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant Futures announcements. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. Convert Binance Convert will subsequently delist the aforementioned token(s) and all associated pair(s) at 2026-02-13 02:00 (UTC)Convert Low-Value Assets will delist the token(s) mentioned above at 2026-02-12 02:00 (UTC). Users may choose to convert the low-value assets beforehand. Buy & Sell Binance Buy & Sell Crypto will delist the aforementioned token(s) and all associated pair(s) at 2026-02-03 03:00 (UTC). Gift Card Binance Gift Card will delist the token(s) mentioned above at 2026-02-13 03:00 (UTC). Users are encouraged to manage Gift Cards containing these token(s) in advance to avoid any inconveniences. Pay Binance Pay will delist the aforementioned token(s) at 2026-02-06 03:00 (UTC). We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-02-02

[거래] 엔케이엔(NKN) 거래 유의 종목 지정 안내

14.05.2026 - 13:12

Update: 14.05.2026 - 13:12

Upbit, one of South Korea’s leading cryptocurrency exchanges, has officially announced that it will remove the NKN token from its platform as of June 15th. According to the information released by the exchange, trading support for NKN will end at 09:00 on June 15th. Following this decision, users are advised to close their open positions and withdraw their assets by that date.

Upbit stated that the delisting decision was made after a comprehensive review process. The company explained that the evaluations identified various shortcomings in the project and that the current situation posed potential risks to users. Exchange officials emphasized that protecting investors was the primary goal.

The statement noted that the decision was made after a detailed examination of the project’s business model, sustainability, ecosystem development, and level of technical progress. In addition, on-chain token ownership trends, trading volume in local and international markets, liquidity levels, and listing status on other major cryptocurrency exchanges were also considered as evaluation criteria.

NKN stood out as a blockchain-based project aiming to develop a decentralized network infrastructure. However, recent developments related to the project falling short of expectations and a decline in market activity have negatively impacted investor confidence.

Market analysts note that a delisting decision by a major exchange like Upbit could create short-term selling pressure on NKN. They point out that similar decisions have led to sharp price fluctuations in related tokens in the past.

Experts emphasize that investors should carefully monitor exchange announcements during delisting processes and that it is important for them to complete necessary transactions in advance to avoid delays, especially regarding withdrawal times.

*This is not investment advice.

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A notable market veteran says XRP could reach a three-digit figure, suggesting the recent drop is just a retest of a double-bottom breakout.

Gert van Lagen, a Dutch technical analyst, noted this while discussing XRP’s price movements on the weekly chart. He argued that the current XRP price retracement could be a necessary retest, setting the stage for an explosive run that could surpass $100. 

XRP Historical Double Bottom Structure His weekly chart highlights XRP’s historical patterns, with a focus on its first cycle. For context, during this period, XRP formed a similar double-bottom structure. After achieving an all-time high of $0.0614 in December 2013, XRP collapsed. This slump led to the first bottom at $0.00281 in July 2014. 

Despite a recovery to $0.028 in December 2014, XRP failed to break its 2013 ATH. This resistance triggered another collapse, reaching a second bottom at $0.003 in January 2017. 

XRP 1W Chart | Gert van Lagen However, in an interesting turn, a breakout from the double bottom led to a more substantial uptrend. After breaking above this double-bottom pattern in March 2017 and retracing to retest the breakout, XRP experienced a parabolic surge, reaching a new ATH of $3.31 by January 2018.

XRP Forms Similar Double-Bottom Fast forward to the current cycle, XRP’s price movements are similar to the previous behavior. After reaching its ATH of $3.31 in January 2018, XRP entered a prolonged bearish phase, which led to the formation of a second double-bottom structure.

The asset found its first bottom at $0.1140 in March 2020 before rebounding to $1.96 in April 2021. However, this recovery fell short of reclaiming the $3.31 ATH. A subsequent collapse brought XRP to its second bottom at $0.2870 in June 2022, following the market-wide turmoil triggered by Terra’s downfall.

This double-bottom setup is again signaling the possibility of a massive bullish breakout. November 2024 marked a crucial turning point, as XRP rallied by 283%, echoing a similar 284% surge from March 2017. Van Lagen believes this rally confirmed the double-bottom breakout. 

A Healthy Retest However, XRP has since retraced to $2.2 amid a broader market pullback. Van Lagen asserts that this pullback is a healthy retest of the breakout zone. Notably, such retests are essential for establishing strong support levels.

Van Lagen predicts that if XRP replicates the previous run, it could surpass $100 this cycle. Specifically, data from his chart shows a likely rally to $150, marking an upsurge of 6,718% from the current $2.2 price. For context, XRP rallied 12,592% to $3.31 after a similar retest in 2017.

Interestingly, EGRAG, another prominent market analyst, confirmed the bullish outlook. He noted that he and other confident market watchers have faced ridicule for projecting rallies to double-digit prices. However, market veterans are now expecting XRP to hit a triple-digit price.

They used to call us crazy for saying double digits for #XRP now they are charting #XRP for 3 digits.

Trust the process.

Men lie, women lie but charts don’t lie https://t.co/Y7XTvA7FM2

— EGRAG CRYPTO (@egragcrypto) December 19, 2024

For context, EGRAG has always been confident that XRP could reach $27. Most recently, he identified an XRP profit-taking zone between $4.42 and $27.86, based on Fibonacci extensions. He also recently introduced the “Bifrost Bridge” framework, which suggests XRP could reach $6 by December 2024 and $27 by January 2025.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Bifrost Network, a Substrate framework-built L1 blockchain for cross-chain communication, has collaborated with Nansen, a prominent on-chain analytics firm. As a part of this collaboration, Nansen will operate as a node validator for the Bifrost Network. With this integration, Bifrost Network intends to increase the reliability and transparency of its ecosystem.

📢 We’re thrilled to welcome @nansen_ai — one of the most renowned on-chain analytics and research platforms — as a validator for Bifrost! 🙌

As the industry's leading blockchain analytics and research entity, Nansen's participation marks a major milestone in our journey toward… pic.twitter.com/SWBSjfZDrl

— BIFROST (@Bifrost_Network) February 28, 2025 The strategic partnership indicates Bifrost Network’s endeavors to facilitate users with the latest technological advancements. As a result of this integration, the platform is focusing on increasing its user base to a significant extent.

Bifrost Network Advancing Reliability and Transparency Nansen’s integration into Bifrost Network as its node validator pays a considerable attention to enhancing trustworthiness, reliability, and transparency. Nansen has gained a significant attention for its latest tools for blockchain analytics. It offers comprehensive insights into the wider on-chain data. Hence, it is popular as a reliable entity within the Web3 world. By taking part in the validation process of Bifrost Network, Nansen will boost the operational integrity, decentralization, and security of the platform.

The multi-chain L1 ecosystem of Bifrost Network backs both non-EVM and EVM environments. It delivers an optimized infrastructure to facilitate dApps. The unique architecture of Bifrost Network enables an unparalleled interoperability while also improving blockchain efficiency. A core feature of the platform deals with BTCFi which is a financial service to delivers Bitcoin liquidity, in a decentralized setting. Thus, the consumers can borrow the stablecoin $BtcUSD which possesses collateral in the form of $BTC.

Offering BTCFi with $BtcUSD to Benefit Developers and Investors $BtcUSD lets users generate more yield while keeping their $BTC holdings. BTCFi will reportedly redefine Bitcoin-based decentralized finance services. It will create exclusive opportunities to benefit developers and investors alike. Moreover, Bifrost Network also leverages Bitcoin Relaying Protocol and Cross-Chain Communication Protocol to guarantee completely verified and trustless transfers.

Along with becoming the official node validator for Bifrost Network, Nansen is also providing additional benefits. Particularly, it will provide efficiency concerning the blockchain research as well as the advanced analytics. These functionalities will reportedly contribute substantially to the innovation and ecosystem growth of the Bifrost Network. According to Bifrost Network, this collaboration underscores a huge leap toward establishing a relatively robust and transparent DeFi ecosystem.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

XRP may be preparing for another historic price breakout, according to analyst EGRAG, who believes the token is moments away from igniting a 600% rally.

XRP’s initial uptrend momentum has momentarily stalled over the past few days, as the coin continues to consolidate above $3. Today, the price has even dipped by over 5%, trading at $3.15 at press time.

Meanwhile, savvy market watchers like EGRAG are spotting cues for the next historic price movement. According to him, the trigger would be a strong close above what he calls the “Bifrost Bridge,” a resistance zone that has capped XRP for over 240 days.

The Bifrost Bridge: XRP’s Final Barrier Before Liftoff In a chart shared with followers, EGRAG highlighted a long-term trend channel dubbed the Bifrost Bridge. Notably, this marks a zone of historical resistance that XRP has tested for more than 242 days.

According to his analysis, XRP has been stalling beneath this level, but a decisive close above it could initiate a parabolic move toward $27. EGRAG notes that once this barrier is cleared, XRP could gain over 600% in what he calls a mega pump.

EGRAG’s XRP chart with The Bifrost Bridge Amid the long wait for the widely teased lofty prices, EGRAG urges the XRP community to “hold steady and strong,” promising that “Soon We Shall Fly So High.”

$4–$15 Still in Play: Other Analysts Agree EGRAG’s explosive target is not without support. Earlier this week, analyst Zach Rector forecast that XRP could hit $4 to $5 “any day now,” calling for a breakout in the short term.

His chart highlighted a consolidation structure around $3.19, with a breakout window stretching from August 23 to September 7. Beyond the $5 zone, Rector places XRP’s mid-to-long-term upside between $7 and $15.

Fibonacci Targets Add Technical Backbone Meanwhile, Tony Edward of the Thinking Crypto Podcast shared a separate weekly chart showing Fibonacci extension levels that point to $4.50, $6, $8, and $9 as potential price targets for the coin this season.

These Fibonacci targets present a technical structure that aligns with the $15 projections shared by other analysts and may act as steppingstones on the way to EGRAG’s $27 moonshot.

Historical Surge Patterns Back $20–$30 Possibility In previous analyses, EGRAG has also referenced XRP’s historic rallies to justify his bold upside projections. He recently pointed to a 2,600% surge in 2017 to support a $33 price target for this cycle, and a 500% surge in 2021 to argue for $7.

Averaging these, EGRAG outlined a $20 target for the current cycle, which aligns with the ongoing 600% projection.

With $3.66 as the next resistance and the Bifrost Bridge holding the key to a massive pump, XRP’s next few weekly candles may prove historic. If bulls can break and close above this zone, a swift run toward $7–$15 and potentially $27 may follow, according to these analysts.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

XRP is nearing a critical moment, and chart analyst EGRAG says the final leg of the rally is still ahead, and it could be epic.

In a recent update, EGRAG shared a long-term 6-month XRP chart, noting that only 4 months and 29 days remain before the current candle closes.

XRP’s Final Leg Is Coming The analyst raised an intriguing question for the XRP community: Has the peak already passed unnoticed, even by seasoned observers like himself, or is the market on the verge of making history by surpassing a significant price barrier?

Notably, XRP has experienced two phases of historic price pumps over the past year. The first began in November 2024, with XRP reaching $3.40 in January, delivering a surge of nearly 600%.

After cooling off, a renewed bullish phase emerged in July, with XRP breaking past levels that many believed marked a new all-time high. In particular, XRP reached $3.66 before pulling back. 

Some consider this an all-time high, while others argue the true high won’t be confirmed until XRP surpasses $3.84.

Meanwhile, as the market awaits the next bullish phase, some traders have begun shorting XRP, claiming the bull run is over. However, others maintain that prices in the $10 range remain possible.

Despite the prevailing uncertainty, EGRAG remains confident in a bullish outcome. He stated that he belongs to the camp expecting one final massive price jump before a bear season emerges.

Based on this conviction, he outlined how he believes XRP could perform in the upcoming phase.

XRP to $4.89 or $48.90? In his analysis, EGRAG identified two potential price targets for XRP, depending on the type of scale used. On a non-logarithmic scale, the target is $4.89. However, on a logarithmic scale, the target is a much higher $48.90. 

With XRP currently trading around $3, reaching $4.89 would require a gain of only 63%. Meanwhile, the higher target would demand a far more challenging 1,530% surge.

Rather than favoring one scale over the other, EGRAG proposed averaging both targets, arriving at a middle-ground projection of $27. Notably, this would represent an 800% gain from today’s price.

EGRAG’s XRP 6-month chart Supporting Analysis This price target was also featured in a previous analysis by EGRAG, where he explained what could trigger the surge. According to him, the key catalyst is a strong close above the “Bifrost Bridge,” a resistance zone XRP has tested for over 240 days.

Breaking above this level could propel XRP toward $27. Other analysts also expect near-term targets between $4 and $15, supported by technical indicators like Fibonacci extensions.

Historical surges in 2017 and 2021 lend further credibility to EGRAG’s bold forecast, suggesting that the $20–$30 range could be within reach if XRP breaks through critical resistance.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Bifrost Network, a cross-chain L1 blockchain, today announced a strategic collaboration with Japan-based SBI Digital Finance, a subsidiary of SBI Holdings. According to data shared by Bifrost on the X platform today, these two companies want to expedite the adoption of Bitcoin cryptocurrency in Japan through cross-institutional partnerships, study explorations, and technological breakthroughs. The alliance seeks to leverage Japan’s legislative environment and rising interest in virtual currencies by fulfilling business demand.

Beyond the impossible. Bifrost made it happen.

Introducing the partnership with SBI Digital Finance (SBI Holdings subsidiary) – we're creating a new institutional Bitcoin finance framework.

This is just the beginning. What if BTCFi becomes the new normal?

On Bifrost. #BFC pic.twitter.com/VsPmKgHKVZ

— BIFROST (@Bifrost_Network) August 13, 2025 Bifrost and SBI Expanding BTC Real-World Utilities Based on this partnership, Bifrost and SBI Digital Finance will embark on studying possible utilities for btcUSD and broaden Bitcoin-integrated financial services. The two partners will examine how BTC is impacting the future of financial networks. As per the data, they will explore the incorporation of Bitcoin into Japan’s famous traditional financial bank, SBI. They also explore the advancement of real-world applications for different financial needs with the utilization of the digital asset.

BTC’s surging adoption in Japan has influenced traditional financial firms to examine its incorporation into their networks. Multiple financial entities are seeking collaborations with crypto-focused companies to provide BTC-based offerings to their clients. This crossover enables individual and business clientele to access BTC services more efficiently, laying the foundation for broader acceptance.

Building Regulatory Structure around BTC The two organizations also disclosed a co-shared commitment to develop a Bitcoin management framework that adheres to Japan’s laws and lays the foundation for new compliant use cases of Bitcoin. This alliance between Bifrost and SBI Digital Finance is a ground-breaking advancement that aims to eradicate regulatory hindrances that in the past discouraged institutional participation in the virtual asset world. The two entities want to establish a consistent legislative structure for institutional clients, creating transparency and confidence. The legal innovation is another milestone in the continued maturation of crypto tokens. By resolving past obstacles and promoting growth, the two partners prepare the ground for long-term institutional adoption.

This collaboration coincides with wider trends in crypto acceptability – a major opportunity in emerging markets like Japan. Metaplanet’s determined BTC acquisitions showcase a broader narrative where Japan-based organizations increasingly want to allocate part of their funds to BTC. This commitment aligns with rising organizational enthusiasm in BTC in the country, where economic turbulence and legislative clarity are encouraging institutional interest in the flagship virtual currency as an inflation safeguard and a diversified financial instrument within traditional investment baskets.    

AUTHOR

Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.