Today’s Insider ⬇️
💵🤑Lawsuit Proceed Sharing: Genius Group to split lawsuit wins with shareholders, bitcoin treasury.
💳Banking Payment Restructuring: London-based Barclays plans to discontinue crypto transactions on credit cards from Friday.
🚀Crypto Product Launch: Kraken rolls out new peer-to-peer payment app; what's different about "Krak?"
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $106,696 | -0.50% | +74% |
Ethereum | $2,430 | -0.44% | -29% |
Solana | $141 | -1.18% | -1.36% |
XRP | $2.08 | -3.40% | +340% |
S&P 500 | $6,141 | +0.80% | +4.41% |
Gold | $3,266 | -1.80% | +24% |
1. Genius Group’s New Lawsuit Proceed-Sharing Model Will Boost Bitcoin Treasury Plan
Profit-sharing but for lawsuit proceeds: Genius Group plans to share future lawsuit settlements equally between shareholder dividends and Bitcoin acquisitions for its corporate treasury.
🔎 Insider Insight: This strategy highlights Genius Group’s commitment to shareholders while doubling down on Bitcoin as a treasury asset. By aligning legal recoveries with BTC investments, the company positions itself as a unique player blending shareholder rewards with crypto adoption.
Top Crypto Insider Pick of 2025
BlockchainFX (BFX) is Trending as the ‘One-Stop Super App’ for Multi-Market Traders
BlockchainFX (BFX) is a multi-market trading platform that combines elements of the crypto market and traditional financial markets. As such, it features a super trading app where users can trade diverse digital assets, including cryptocurrencies, forex, stocks, indices, and commodities, all in one place.
What’s unique about the project? The presale project boasts several unique attributes, including its reward-laden ecosystem and exclusive presale benefits such as a custom BFX Visa Card and up to $25,000 in trading credit.
🔎 Insider Insight: Thanks to its low presale price of $0.0145, BlockchainFX is now close to reaching the $3 million funding milestone. While a positive growth outlook reflects growing interest in the project, the project’s multi-market appeal also positions it as a strong challenger to major platforms like Binance and Robinhood.
2. London-based Barclays Plans to Discontinue Card-Based Crypto Transactions
Barclay terminates crypto card payments! The London-based bank will block crypto purchases via credit cards starting Friday, citing risks of volatility and a lack of regulatory protections.
🔎 Insider Insight: Barclays' move reflects growing caution among UK banks amid regulatory uncertainty and debates over consumer protection in crypto. While some argue restrictions stifle informed financial choice, the decision highlights ongoing tensions between innovation and risk management in digital assets.
What does “HODL” stand for in crypto slang?
3. Kraken’s New App Rollout Aims to Tackle Inefficiencies in Global Payments
What can Krak do? Kraken launches Krak, a peer-to-peer payments app supporting over 300 assets, offering near-zero-cost global transfers and built-in yield opportunities.
🔎 Insider Insight: With Krak, Kraken targets inefficiencies in global payments, challenging apps like PayPal by blending blockchain efficiency with user-friendly features like "Kraktags." Its low fees and earning functionality position it as a disruptive force in the evolving digital payments landscape.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
