Monat: März 2025

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EOS rebrands to Vaulta as focus shifts to web3 banking

  • EOS Network will rebrand to Vaulta, a name change designed to highlight its pivot toward web3 banking.
  • Vaulta comes with a token swap expected at the end of May.
  • The EOS token saw a slight price gain following the announcement.

EOS Network,a blockchain network known for its scalable operating system, has announced its rebranding.

On March 18, the EOS Network revealed in a press release that it is renaming to Vaulta, a move that aligns with the platform’s shift to web3 banking.

EOS plans to complete the official transition to Vaulta at the end of May, with this also involving a token swap.

EOS to rebrand amid straegic shift

EOS Network’s rebranding to Vaulta is a culmination of an effort that has taken several years of planning and development, the project said in the press release.

The objective, per the announcement, is to deliver an inclusive financial ecosystem, with web3 technology at the heart of this system.

“This transformation represents more than just a name change; it’s a decisive step forward in our mission to deliver open, accessible financial access for everyone,” said Yves La Rose, founder and chief executive officer of Vaulta Foundation.

“Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach. Web3 has the potential to reshape global finance and Vaulta is at the forefront of this evolution,” he added.

Vaulta will have a banking advisory council

As part of the rebrand, EOS will launch a Vaulta Banking Advisory Council. This group of  banking and web3 experts will offer expertise on various aspects of Vaulta, including the bridging of traditional finance and decentralized finance.

The group will also help the project achieve and adhere to global compliance standards as well as find key real-world opportunities for project pilots.

Initial members of the banking advisory council reportedly include Lawrence Truong, chief executive officer of Systemic Trust, Didier Lavalle, CEO of Tetra, Alexander Nelson, senior director of digital finance at ATB Financial, and Jonathan Rizzo, senior business solution specialist at ATB Financial.

“Vaulta’s strategic realignment towards web3 banking is a significant development for the banking industry. Their robust infrastructure has the potential to connect traditional banking with the benefits of blockchain technology,” Nelson noted.”This move not only opens the door for traditional funds to enter DeFi through Bitcoin but also paves the way for greater institutional acceptance.”

The news saw a slight flip upward in the price of EOS token, which rose from $0.48 to highs of $0.51.

The post EOS rebrands to Vaulta as focus shifts to web3 banking appeared first on CoinJournal.

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Strategy plans to offer five million shares with new preferred stock to purchase additional Bitcoin

  • The shares will accumulate cumulative dividends at a fixed rate of 10% each year
  • Strategy said that dividend payments will begin paying out on June 30, 2025
  • To date, Strategy holds under 500k Bitcoin, valued at over $40 billion

Strategy is planning to offer five million shares of the company’s Series A perpetual strife preferred stock, $STRF, as it works on acquiring more Bitcoin.

In an announcement, Michael Saylor’s Strategy said it intends to use the proceeds for “general corporate purposes,” including the “acquisition of Bitcoin.” However, it noted that this was “subject to market, and other conditions.”

According to the company, the shares will accumulate cumulative dividends at a fixed rate of 10% per year. Dividends will be paid out beginning on June 30, 2025 “out of funds legally available for their payment,” Strategy said.

Raising funds for Bitcoin

The news comes as Strategy announced earlier this month that it’s planning to issue and sell shares of up to $21 billion in its at-the-market (ATM) program.

Through selling shares of its 8.00% Series A perpetual strike preferred stock, $STRK, Strategy said the additional capital will be used for general corporate operations, including the purchase of more Bitcoin.

The latest news also follows a recent Bitcoin purchase Strategy made in an announcement yesterday. In a post on X, Saylor said it had acquired 130 Bitcoin for $10.7 million at an average price of $82,981 per Bitcoin.

To date, Strategy now holds 499,226 Bitcoin, valued at $40.92 billion, according to SaylorTracker.com.

Peter Schiff, a long-time opponent of Bitcoin, commented on Saylor’s tweet, saying: “Is that all you bought?  Seems like you are running out of fire power.”

Crypto prices decline

News of Strategy’s recent Bitcoin purchase and its share offering comes as crypto prices across the market have seen a sharp decline.

At the time of publishing, Bitcoin is trading around $81,000, a substantial drop from its all-time high of $109,000 reached in January ahead of US President Donald Trump’s inauguration.

Market conditions and geopolitical issues continue to impact prices despite Trump signing an executive order in March to create a Strategic Bitcoin Reserve.

The post Strategy plans to offer five million shares with new preferred stock to purchase additional Bitcoin appeared first on CoinJournal.

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Investors shifting focus to PepeX as Ethereum (ETH) consolidates below $2k

  • Ethereum (ETH) consolidates below $2k, testing a 5-year trendline.
  • PepeX emerges as a fairer investment alternative with its upcoming presale and AI-powered meme coin launchpad.
  • Investors are shifting their focus to the upcoming PepeX presale amid Ethereum uncertainty.

As Ethereum (ETH) lingers in a precarious consolidation phase below the $2,000 mark, investors are increasingly turning their attention to alternative opportunities in the crypto space.

The broader market remains jittery, plagued by macroeconomic uncertainty, trade war fears, and erratic US policy decisions under President Trump. However, amid this turbulence, a new contender, PepeX, is emerging as a beacon for those seeking fresh prospects.

Billed as the world’s first AI-powered meme coin launchpad, PepeX promises a fairer alternative, drawing in degens and retail investors alike with its innovative approach and upcoming presale set to kick off on March 24, 2025.

Ethereum (ETH) faces a critical juncture

Ethereum’s current struggles are palpable as it trades in a tight range between $1,800 and $1,900, unable to reclaim the psychologically significant $2,000 level.

Analysts, including the prominent Mister Crypto, have pointed to a 5-year-long trendline that ETH is now testing— a historical support that has weathered major corrections in the past. This level is make-or-break for the second-largest cryptocurrency.

Should the level hold firm, a bullish reversal could propel Ethereum (ETH) back above $2,000, igniting hopes of a rally toward $2,300, where the 4-hour 200 moving average awaits as a key resistance.

However, the bears are unrelenting, and a failure to defend this trendline could see ETH slide toward lower demand zones around $1,600-$1,700.

The broader economic backdrop isn’t helping Ethereum’s case. Rising trade tensions, inflation concerns, and regulatory ambiguity in the US have left risk assets, including crypto, in a state of flux.

Bulls have lost their grip, and the prolonged consolidation has traders on edge, uncertain whether the next move will be a breakout or a breakdown.

For now, ETH remains at a crossroads, with its fate hinging on how it reacts to this multi-year support over the coming days and weeks.

This uncertainty has pushed some investors to diversify, seeking opportunities that offer more immediate promise and less exposure to Ethereum’s volatility.

PepeX offers a new frontier for crypto investors

As Ethereum struggles to gain its footing, PepeX is capturing the imagination of the crypto community with its bold mission to democratize meme coin creation with its PepeX.fun memecoin launchpad.

Unlike Pump.fun, which has been criticized for favouring insiders and leaving only 0.4% of traders with gains exceeding $10k, PepeX aims to level the playing field. Its AI-driven launchpad allows anyone to create a token in minutes—upload an image, pick a ticker, and let the AI handle the rest, from generating viral memes to deploying anti-snipe smart contracts.

With a $500 entry fee for creators, PepeX weeds out low-effort projects, ensuring a higher quality of meme coins while still keeping the process accessible to the masses.

What sets PepeX apart is its commitment to fairness and transparency. Founders are capped at a 5% token allocation, with their liquidity locked and redistributed to the community if a project flops—a stark contrast to the exit liquidity schemes that have plagued other platforms.

Additionally, the AI-powered marketing bots further amplify its appeal, autonomously shilling tokens on Telegram and X to supercharge growth.

With Pump.fun raking in nearly $400M in fees last year, PepeX positions itself as the next big wave, offering token holders a chance to ride a rising tide of value as more projects join the ecosystem.

As Ethereum stalls, investors are positioning themselves for the PepeX’s presale which opens in the next five days, drawn by its narrative of vengeance against the old guard and its promise of a fairer, more profitable meme coin meta.

For degens and retail crypto investors, PepeX offers a tantalizing blend of innovation, accountability, and opportunity, making it a compelling alternative as Ethereum (ETH) battles to find its footing.

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