com. Texas has made its first $10 million Bitcoin purchase through BlackRock’s IBIT ETF, marking the inaugural state-level investment in BTC as part of a strategic reserve plan aimed at long-term financial stability and eventual self-custody. S. states in public adoption. State officials outline transition from ETF to full self-custody once infrastructure is ready. Reserve fund could expand to include Ethereum if it sustains a market cap over $500 billion for two years, per legislative guidelines. Explore implications for institutional crypto adoption. Stay informed on digital asset strategies-read more now. What is Texas’s First Bitcoin Investment Through BlackRock’s IBIT? Texas’s first Bitcoin investment involves a $10 million purchase executed through BlackRock’s spot Bitcoin ETF, IBIT, on November 20 at an estimated price of $87,000 per BTC. Texas Bitcoin investment represents a pioneering move by a U. S. state to integrate digital assets into public reserves for long-term stability. This step aligns with state legislation recognizing Bitcoin as a strategic asset, using the ETF as an interim compliant vehicle while self-custody systems are developed. How Does Texas Plan to Transition to Self-Custody for Its Bitcoin Holdings? The Texas Treasury, under Comptroller Kelly Hancock, selected BlackRock’s IBIT for this initial allocation to ensure regulatory compliance during the setup phase. Officials have confirmed intentions to shift to direct self-custody once a robust framework is in place, minimizing third-party risks associated with ETF structures. Lee Bratcher of the Texas Blockchain Council emphasized that this purchase followed extensive market monitoring, highlighting the state’s commitment to secure, sovereign control over its digital reserves. Supporting data from public filings shows the investment draws from a dedicated.
Tag: infrastructure
UAE Passes New Law to Regulate Digital Assets and DeFi Operations
The post UAE Passes New Law to Regulate Digital Assets and DeFi Operations appeared com. TLDR The UAE has enacted a new law that regulates digital assets and decentralized finance under the Central Bank’s oversight. All cryptocurrency and blockchain firms operating in the UAE must obtain a license from the Central Bank of the UAE. The law introduces fines of up to 1 billion dinars for unlicensed operations within the country. New licensing categories include virtual asset payments, open finance, and digital wallets to ensure compliance. Existing firms have until September 2026 to comply with the new regulations and obtain the required licenses. The United Arab Emirates (UAE) has passed a new central bank law that brings digital assets and decentralized finance (DeFi) under its regulatory framework. Enacted in September, the law requires all cryptocurrency and blockchain firms operating within the country to obtain a license from the Central Bank of the UAE (CBUAE). Violators may face fines of up to 1 billion dinars, approximately $272 million. UAE’s New Law Expands Central Bank’s Authority The Federal Decree Law No. 6 of 2025 introduces major changes to the UAE’s financial sector. The law now includes virtual assets, DeFi protocols, stablecoins, tokenized assets, decentralized exchanges, and blockchain infrastructure under CBUAE’s supervision. This move aims to regulate the growing digital asset industry while ensuring its integration with the traditional financial system. Under the new law, all entities operating in these areas, regardless of the technology used, must be licensed. The law mandates a 60-day timeline for licensing decisions, establishing a faster approval process. Existing firms will have until September 2026 to comply with the new regulations. Licensing and Compliance Requirements The law introduces new categories for licensing, including virtual asset payments, open finance, and digital wallets. It also strengthens protections against fraud, providing a fast-track dispute resolution system for cases up to AED 100, 000. Shari’ah governance will also.
Hayli Gubbi Eruption Is The ‘Beginning Of The Next Earth Cycle’: Ancient Prophecy Goes Viral As Volcano Suddenly Erupts After 12,000 Years
Hayli Gubbi’s first eruption in 12, 000 years brings heavy ash to Afar and sparks viral prophecy claims, but experts say it is a normal volcanic event.
Trump issues Executive Order creating Genesis Mission AI Action Plan for America
President Trump is laying the groundwork for America’s AI Action Plan at a scale similar to the Manhattan Project.
You’re probably underutilizing your GPUs
Ryan is joined by Jared Quincy Davis, CEO and co-founder of Mithril, to explore the importance of efficient resource allocation and GPU utilization in AI, the myth and misconceptions of the GPU shortage, and how the economics of GPU will change with new scheduling and utilization strategies.
Best Crypto to Buy in November 2025: Foxconn’s $3 Billion AI Bet Fuels AI Crypto Rally
The post Best Crypto to Buy in November 2025: Foxconn’s $3 Billicom. Foxconn, the biggest electronics maker and Apple’s main supplier, just made a huge move. They plan to spend $2 to $3 billion every year on building AI technology over the next five years. This kind of momentum often spills over into crypto. That’s why traders are looking at AI-linked tokens as the best crypto to buy right now. Projects like DeepSnitch AI, NEAR Protocol, and Worldcoin are catching interest because they’re tied to the same trend that giants like Foxconn are backing. Foxconn to channel $2B-$3B annually into AI over the next 3 to 5 years Foxconn Chairman Young Liu made it crystal clear during his Tokyo visit. AI will consume more than half of the company’s $5 billion annual capital expenditure for the next three to five years. This is not a pilot program. This is a complete strategic realignment. Their cloud and networking division, which includes AI servers, just pulled in $24. 3 billion in Q2 2025, up 47% from last year. It’s now outpacing their traditional electronics business. As Nvidia, AMD, and other tech giants scramble for AI growth, Foxconn is positioning itself as the hardware engine behind it all. AI at scale needs blockchain for data, identity, and verification. That’s why the best crypto to buy right now includes AI-focused tokens solving real infrastructure needs. 3 Best crypto to buy in November 2025 DeepSnitch AI: Trading intelligence built for this exact moment DeepSnitch AI is an artificial intelligence system purpose-built for crypto trading, and the timing could not be better. With institutional money about to flood into AI infrastructure, retail traders need tools that level the playing field. The platform monitors thousands of data points simultaneously. Whale wallet movements, exchange flows, social sentiment shifts, and on-chain metrics that most traders do not even know exist. It is.
Tether Expands Institutional Stablecoin Foothold in Latin America
The post Tether Expands Institutional Stablecocom News Reading time: 2 min Published: Nov 23, 2025 at 17: 32 Updated: Nov 23, 2025 at 19: 03 Tether, the issuer of the world’s largest stablecoin, USDT, announced a major strategic investment into Parfin, a London-based fintech company with extensive operations across Latin America. The digital dollarization of Latin America Tether’s investment is explicitly aimed at supporting the institutional adoption of USDT and strengthening blockchain-based settlement tools throughout Latin America. The region has emerged as a key laboratory for digital finance, with cryptocurrency transaction volumes totaling nearly $1. 5 trillion between 2022 and 2025, largely driven by institutional entities seeking alternatives to volatile local currencies and high-cost traditional cross-border payment systems. The collaboration will advance financial applications built on digital assets, particularly in markets where fast technology adoption can leapfrog traditional financial barriers. USDT, a dollar-pegged currency, offers local businesses and institutions a stable, high-speed, and transparent mechanism for international trade and domestic settlement, reducing dependency on slow, legacy banking rails. The stablecoin race This investment marks an aggressive step by Tether to secure its dominance against competitors like Circle (USDC) in fast-growing, emerging markets. By investing directly into regional infrastructure providers like Parfin, Tether is ensuring that USDT is the default choice for the institutional crypto on- and off-ramps in Latin America. This strategic capital deployment confirms that stablecoins are evolving from simple trading tools into foundational components of global commerce and institutional treasury management. Source:.
Mutuum Finance Review: Expert Consensus on MUTM’s Path to $10 in the Coming Years
The ongoing surge of investor interest in DeFi tokens has placed Mutuum Finance (MUTM) at the center of market conversations. The project’s presale, now deep into Phase 6, has reached 90% capacity with a current token price of $0. 035. Since the presale began, Mutuum Finance has raised $18,800,000 and attracted 18, 050 holders, reflecting rising participation [.] The post Mutuum Finance Review: Expert Consensus on MUTM’s Path to $10 in the Coming Years appeared first on Blockonomi.
Best Altcoins to Buy as Cycle Is Turning & Promises Alt Season Soon
The post Best Altcoins to Buy as Cycle Is Turning & Promises Alt Seascom. What to Know: Bitcoin Hyper’s modular Bitcoin L1 + SVM L2 architecture enables low-latency smart contracts and DeFi to run natively within the BTC ecosystem. With more than $28 million raised in its presale, YPER is positioning itself as a high-conviction Bitcoin infrastructure play ahead of a potential altcoin rotation. Best Wallet Presale blends institutional-grade MPC security with presale discovery tools and a robust DEX aggregator, aligning its growth with rising on-chain activity. Aster offers a MEV-free perp DEX with extreme leverage and yield-bearing margin mechanics, creating direct exposure to resurging derivatives volatility. Altcoin season indicators are starting to flicker even while most portfolios still feel like a bear market hangover. Only around 5% of the altcoin supply is in profit, a level that historically lines up with capitulation, forced selling and exhaustion among weaker hands. That kind of reset is usually where new cycles begin to form underneath the surface. And keen eyes are already starting to point out the potential for big moves. Bitcoin’s dominance has marched higher during this phase, with capital crowding into TC as a safe haven while high‑beta assets bleed out. As Bitcoin volatility compresses and price action stabilizes, analysts expect the early rotation phase of an altcoin season to develop. Liquidity typically leaks first into higher‑quality infrastructure and trading venues before it reaches meme coins. You can already see that playbook in motion. On‑chain flows and presale data show capital quietly rotating into Bitcoin Layer 2 infrastructure, next‑generation wallet stacks and execution‑focused decentralized exchanges. These are the rails that will need to scale if a new wave of users and speculative flows really hit the market. Below are three of the best altcoins to invest in 2025 if you are positioning ahead of a potential cycle flip: Bitcoin Hyper, Best Wallet Token, and.
India Unveils Sovereign Stablecoin Framework to Challenge Dollar Dominance
India is stepping into the global stablecoin race with a landmark move. The country is preparing to launch its first sovereign digital currency token, the Asset Reserve Certificate (ARC), a fully rupee-backed stablecoin aimed at tightening capital controls and reducing reliance on the U. S. dollar. The rollout is scheduled for early 2026, setting the stage for one of the world’s largest economies to enter the regulated stablecoin arena with state support. The initiative signals India’s intent to reshape the digital payments market with domestic infrastructure, offering a government-backed alternative to dominant players like USDT and USDC. 🚨BREAKING: INDIA TO LAUNCH The post India Unveils Sovereign Stableco.