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Bionexus Gene Lab Corp Makes History With Ethereum-Focused Treasury Strategy   By Terence Zimwara Fri Mar 7 1:30:45 EST 2025 Nasdaq-listed Bionexus Gene Lab Corp (BGLC) has approved a treasury strategy centered on ethereum. Wyoming Blockchain Laws Hailed Bionexus Gene Lab Corp (BGLC), a technology and healthcare-focused company incorporated in Wyoming, announced on March 6 that its board of directors has approved an ethereum-focused treasury strategy. This move makes the Nasdaq-listed company the first to “exclusively prioritize Ethereum (ETH) as a strategic treasury asset.” According to a press statement, BGLC has also released its Ethereum strategy whitepaper, which explains why the company chose the second-largest cryptocurrency. The statement adds that Wyoming’s “forward-thinking blockchain laws” were crucial in guiding BGLC in its current direction. Commenting on the announcement, the company’s CEO, Sam Tan, said: By integrating Ethereum into our corporate treasury, BioNexus Gene Lab Corp. is embracing the future of financial infrastructure. Ethereum offers high liquidity, utility, and stability compared to other digital assets, positioning BGLC as a leader in blockchain-integrated corporate finance. Wyoming’s regulatory leadership further validates our decision, as it fosters an environment where blockchain businesses can thrive. While other listed companies like Strategy (formerly Microstrategy) and Metaplanet have prioritized bitcoin (BTC), BGLC stated that an extensive analysis of ETH prompted its board to opt for the latter. Factors that influenced the BGLC board’s decision include Ethereum’s institut yield-generating capabilities. Upcoming improvements to the protocol, such as the Pectra upgrade, as well as Ethereum’s dominance in financial infrastructure, were also identified as reasons for choosing ETH. As part of this strategy, BGLC plans to expand its use of Ethereum and blockchain technology, focusing on financial applications, treasury management, and integrating blockchain into $ETH
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Old trader
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0 XRP Price Prediction For January 25 In recent market movements, XRP has seen mixed price action and is down by more than four percent on the weekly chart. At press time, XRP is trading at $3.12 and has slightly drifted to the green zone. could make one more move to the upside before a potential shift in trend. As of now, the price is expected to rise, potentially reaching a new peak. However, the crucial question remains: will this push higher lead to further gains, or will it mark the peak of the rally before a correction begins? After a five-phase pattern, a major top or larger correction typically follows, signaling increased risk. This doesn’t necessarily mean a bearish trend, but the current rally could be nearing its end. Potential Breakout Targets: Where Could the Price Head Next? On the smaller time frame, XRP is facing resistance at its all-time high of $3.30. A breakout above this level could see the price surge towards new targets, including $4.19, $5, and possibly even $6.61. XRP recently completed an internal triangle pattern, which broke out to the upside on January 13. However, the price failed to break above its all-time high and has since entered a consolidation phase. There is no clear breakout signal at the moment, and the price is holding above key support levels between $2.52 and $2.94. These support levels have been respected multiple times, and the price recently reacted to the $2.81 level, which represents a 50% retracement. The expectation remains for a continuation to higher prices, with potential moves to $4.90 or even $5. However, it’s also possible that XRP may form another low before continuing upwards. Traders should watch for a breakout above $3.30–$3.40 to confirm the continuation of the bullish trend. Until that happens, a pullback to the lower support levels remains a possibility. $XRP $XRP
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