Cryptocurrency Live News & Updates : BTCS Stock Soars 100% on $100M ETH Acquisition Plan
BTCS announced a $100 million plan to acquire more ETH, leading to a stock surge of over 100%. The firm aims to utilize both traditional and decentralized financial markets for this capital raise. Blockchain Technology Consensus Solutions (BTCS) has made headlines with its announcement of a $100 million funding plan to acquire additional Ethereum (ETH), resulting in a remarkable 100% surge in its stock price. This move aligns with the growing trend among public firms adopting crypto treasury strategies. Meanwhile, the U.S. Treasury Department has imposed sanctions on North Korean IT workers linked to cyber espionage and crypto thefts, highlighting ongoing security concerns in the crypto space. The sanctions target individuals like Song Kum Hyok, who allegedly facilitated illicit activities through fraudulent employment. In a different market development, Hedera's HBAR token experienced an 11% increase after its inclusion in the Grayscale Smart Contract Platform Fund, reflecting positive market dynamics. Lastly, Fartcoin remains in a range-bound trading pattern, with critical support at $0.73 and resistance at $1.45, indicating market indecision. These developments collectively illustrate the dynamic nature of the cryptocurrency market, from corporate strategies to regulatory actions and trading behaviors. Show more
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Time of India
an hour ago
- Time of India
Khargone admn transfers 60ha to MPIDC for Nimrani Phase 2
Indore: Khargone district administration has transferred around 60 hectare land to Madhya Pradesh Industrial Development Corporation (MPIDC) for establishing a new industrial area in Nimrani. The proposed industrial sector is set to be developed adjacent to AB Road on the vacant parcel of land, targeting investments from textile manufacturers, component producers and food processing enterprises. MPIDC Indore executive director Himanshu Prajapati said, "We got allotted 60 hectare land in Khargone district from Khargone administration. This parcel of undeveloped land will be used to extend the existing industrial belt. The proximity of this parcel to the road and resources makes it a suitable place for industries. We are looking to attract investments from across sectors in this area." The upcoming industrial belt will be Nimrani Phase 2, where the industries department is planning to attract investments from anchor units and local industries. MPIDC is also establishing new industrial areas at Tarapur and Maharaj Khedi in Khargone district. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like So sánh mức trượt giá: Hợp đồng tương lai (CFD) Bitcoin vs Ethereum IC Markets Tìm hiểu thêm Undo "Khargone is a potential area where industries have shown interest. The existing Nimrani Phase 1 attracted a lot of investment and is almost full. The second phase of development will create additional space for industries to set up new facilities or expand operations," said Prajapati. MPIDC also started working on developing a new industrial area at Lalbaug Basvi in Dhar on more than 200 hectare and with an estimated investment of Rs 200 crore.
NDTV
5 hours ago
- NDTV
FBI And Microsoft Bust Massive North Korean Laptop Farm Scam Across US
In a major crackdown, Microsoft has suspended 3,000 Outlook and Hotmail accounts linked to North Korean IT workers involved in a global job fraud scheme. The company's Threat Intelligence team, calling the operation "Jasper Sleet," outlined its findings in a detailed post, revealing the scope of the elaborate scam. The US Department of Justice also joined the operation, seizing hundreds of laptops, 29 financial accounts, and shutting down nearly 24 websites. Authorities raided 29 "laptop farms" across the US, where Americans were helping foreign workers gain unauthorized access to remote jobs, according to the Fortune Magazine. These accomplices either installed remote access tools on company-issued laptops or shipped them to countries like Russia and China. Some Americans even rented out their identities to help North Koreans apply for US tech jobs. A Maryland nail salon worker was recently caught running a massive scheme, managing 13 remote IT jobs on behalf of North Korean workers. He pocketed nearly $1 million through this illicit activity. After pleading guilty to conspiracy to commit wire fraud, he's set to be sentenced in August. This case is part of a larger effort to crack down on North Korea's use of overseas tech jobs to fund its regime. According to the Microsoft Security, North Korea has deployed thousands of remote IT workers to assume jobs in software and web development as part of a revenue generation scheme for the North Korean government. These highly skilled workers are most often located in North Korea, China, and Russia, and use tools such as virtual private networks (VPNs) and remote monitoring and management (RMM) tools together with witting accomplices to conceal their locations and identities. Historically, North Korea's fraudulent remote worker scheme has focused on targeting United States (US) companies in the technology, critical manufacturing, and transportation sectors. However, we've observed North Korean remote workers evolving to broaden their scope to target various industries globally that offer technology-related roles. Since 2020, the US government and cybersecurity community have identified thousands of North Korean workers infiltrating companies across various industries. The North Korean IT worker scheme generates up to $600 million a year, according to UN estimates, and the IT workers share information with more malicious cyber attackers that have stolen billions in crypto. The revenue generated by the scheme and the illicitly heisted crypto are used to fund DPRK authoritarian ruler Kim Jong Un's nuclear weapons program, according to the FBI and the US Department of Justice.
Time of India
7 hours ago
- Time of India
After XRP, Cronos (CRO) jumps 20% as Truth Social adds it to ETF with Bitcoin and Ethereum — is CRO the next to explode?
Cronos (CRO) surged over 20% after Truth Social announced its inclusion in the upcoming Crypto Blue-Chip ETF set to launch on the NYSE Arca exchange. This move sparked massive trading activity, with volume rising by 2000% in just one day. Trump's public support for CRO and CEO Kris Marszalek further boosted investor confidence. With CRO now part of a major ETF alongside Bitcoin, Ethereum, XRP, and Solana, institutional interest is rapidly growing. This development highlights the rising role of regulated crypto ETFs and could mark a turning point for CRO's long-term market adoption. Cronos (CRO) price skyrocketed 20% after its inclusion in a major crypto ETF alongside Bitcoin, XRP, and Ethereum. As XRP gained 4%, CRO outperformed, attracting massive trading volume and investor interest. This bullish momentum positions Cronos as a potential breakout altcoin in the evolving institutional crypto investment landscape. Tired of too many ads? Remove Ads Cronos (CRO) surges 20% after ETF inclusion Price spike : CRO jumped over 20% , reaching highs near $0.0995 , up from ~$0.08. : CRO jumped over , reaching highs near , up from ~$0.08. Trading volume : Increased over 2,000% , hitting ~$245M in 24 hours. : Increased over , hitting ~$245M in 24 hours. Catalyst : Added to a new Crypto Blue-Chip ETF alongside Bitcoin, Ethereum, and XRP. : Added to a new alongside Bitcoin, Ethereum, and XRP. ETF allocation : CRO holds a 5% share, higher than XRP's 2%. : CRO holds a share, higher than XRP's 2%. Trump endorsement : Donald Trump publicly stated, "I like CRO, I like Kris ( CEO)." : Donald Trump publicly stated, "I like CRO, I like Kris ( CEO)." Market reaction : Retail and institutional traders rushed in, but on-chain metrics like staking stayed flat. : Retail and institutional traders rushed in, but on-chain metrics like staking stayed flat. Technical outlook: Needs to hold support at $0.089–$0.09; next resistance is near $0.10–$0.11. Why did Cronos (CRO) surge 20% after the Truth Social ETF announcement? Tired of too many ads? Remove Ads How is Truth Social's ETF changing the game for altcoins like CRO and XRP? What role did Donald Trump's endorsement play in the CRO rally? Is the CRO price rally supported by long-term investor activity? Bitcoin (BTC) holds steady near $110K Current price : Around $109,711 , up modestly intraday. : Around , up modestly intraday. ETF impact : Holds the largest weight (70%) in the ETF. : Holds the in the ETF. Investor outlook: Strong institutional interest continues as BTC remains the anchor asset. Ethereum (ETH) gains momentum Price update : Trading at $2,664 , up over 3.2% today. : Trading at , up over today. ETF allocation : Assigned 15% within the ETF basket. : Assigned within the ETF basket. Trend: Up 5.8% over the past week, riding the wave of growing ETF inflows. XRP posts modest 4% gain Current price : Around $2.39 , up roughly 4% intraday. : Around , up roughly intraday. ETF share : Smallest allocation at 2% , yet still attracted investor attention. : Smallest allocation at , yet still attracted investor attention. Market behavior: While XRP rose, it underperformed CRO's breakout. What's next for Cronos (CRO) as it gains institutional spotlight? Tired of too many ads? Remove Ads What does CRO's ETF inclusion mean for the broader crypto market? Is CRO ready for the next phase of institutional adoption? Key takeaways CRO led the pack , outperforming Bitcoin, Ethereum, and XRP. , outperforming Bitcoin, Ethereum, and XRP. Truth Social's ETF added credibility and media buzz, especially with Trump's backing. added credibility and media buzz, especially with Trump's backing. Institutional interest is surging, but SEC approval remains a key hurdle. is surging, but remains a key hurdle. Watch closely: CRO's next moves will depend on ETF launch, SEC decision, and further ecosystem growth. FAQs: Cronos (CRO) made headlines on July 9, 2025, after Truth Social announced the inclusion of the digital asset in its upcoming Crypto Blue-Chip ETF . Following the announcement, CRO surged over 20%, and its trading volume exploded by a staggering 2000% in a single day. This move sent a strong signal that institutional interest in altcoins like CRO is growing rapidly, especially as traditional financial platforms inch closer to embracing cryptocurrencies through structured investment 20% intraday price surge in Cronos (CRO) was directly triggered by Truth Social's plan to include CRO in its Crypto Blue-Chip ETF, which is set to launch on the NYSE Arca exchange. The ETF aims to offer regulated spot exposure to major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and now, announcement not only boosted CRO's value but also sent its daily trading volume soaring by 2000%, marking one of the sharpest single-day trading spikes in recent crypto market activity. It showed how ETF-driven news can significantly influence altcoin prices in the short Truth Social ETF, backed by growing institutional demand for regulated crypto exposure, is a major step toward integrating digital assets with traditional finance. The ETF will allocate 70% to Bitcoin, while the rest will be split among Ethereum, Solana, XRP, and CRO jumped 20%, XRP's price remained relatively stable, highlighting different levels of investor excitement and speculation around each coin. This shows that not all ETF inclusions lead to the same reaction—CRO's surge points to unique investor confidence in the Cronos network and its future potential.U.S. President Donald Trump's public support added another boost to the rally. At the ETF announcement, Trump stated, 'I like CRO, I like Kris,' referring to CEO Kris Marszalek. This brief but impactful endorsement gave CRO even more media attention, making it a trending topic on social media and within investor connection to Truth Social also helped draw retail and institutional eyes to the ETF. While endorsements alone don't build long-term value, they can spark momentum and speculation, especially in a sentiment-driven market like despite the sharp price increase and trading volume spike, on-chain data like staking volumes remained stable. This suggests that the rally was largely fueled by short-term trading and speculation, rather than long-term holding or network said, if institutional players continue to adopt CRO through ETFs or other vehicles, the coin may eventually see more organic growth. But for now, investors should be cautious of the volatility surrounding news-based future of CRO depends on multiple factors, starting with the approval of the ETF by the U.S. Securities and Exchange Commission (SEC). Regulatory clarity will be key for institutional money to flow in consistently. In addition, developments in the Cronos ecosystem and increased utility for the CRO token will help solidify its position in a competitive altcoin ETF's listing on the NYSE Arca exchange brings added credibility and accessibility for institutional investors. As more funds seek regulated ways to enter the crypto space, CRO's inclusion in such products could drive long-term demand—but only if the fundamentals keep Social's ETF isn't just a win for CRO. It also reflects a broader shift in how Wall Street views digital assets. By offering a diversified crypto investment vehicle, the ETF lowers the barrier for traditional investors to enter the altcoins like CRO and XRP shows that institutional portfolios are expanding beyond just Bitcoin and Ethereum. If successful, this ETF could open doors for more altcoins to be considered for similar products in the (CRO) has gained a major spotlight with its addition to Truth Social's Crypto ETF, triggering a massive short-term rally. But the real test lies ahead—whether the project can attract sustained interest through technology improvements, partnerships, and now, CRO investors have a reason to be optimistic, but regulatory approval, market sentiment, and ecosystem growth will determine whether this momentum translates into long-term Truth Social included CRO in its new Crypto ETF, boosting investor a regulated ETF listing Bitcoin, Ethereum, XRP, CRO, and Solana on NYSE Arca.
