A few days ago, the capital market company Altvest Capital became the first publicly traded African company to adopt Bitcoin as a treasury reserve asset. This move was announced as part of a broader treasury […]
Strategy, formerly known as MicroStrategy, may be gearing up for another significant Bitcoin purchase. Speculation around this move intensified after the company’s co-founder, Michael Saylor, dropped a subtle hint on social media. Market Buzz Over […]
Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands, and Hong Kong Telecommunications (HKT) have partnered to establish a joint venture (JV) focused on issuing a Hong Kong dollar-backed stablecoin. The JV intends to apply for […]
The institutional adoption of Bitcoin exchange-traded funds (ETFs) has experienced an unprecedented surge in the past 11 months, underscoring a tectonic shift in the way traditional investors interact with digital assets. Bitwise data indicates that […]
Asset manager VanEck has stated that a Strategic Bitcoin Reserve could help mitigate the US’ growing debt, which currently stands at $36 trillion. To explore the potential effects of this idea, the firm has developed […]
Metaplanet has announced that its total Bitcoin holdings have reached 2,100 BTC, now worth $196 million. The firm revealed it recently bought an additional 68.59 BTC for $6.6 million at an average price of $96,335. […]
Bloomberg’s senior ETF analyst Eric Balchunas has stated that while BlackRock’s iShares Bitcoin Trust ETF (IBIT) has done well since its launch last year, it faces several challenges going forward. This assessment comes amid recent […]
There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 […]
HK Asia Holdings announced the purchase of one Bitcoin on February 13, calling this investment “symbolic in scale.” Following the public announcement, the company’s stocks surged by 93% between February 13 and 17. This increase […]
Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year. This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s […]
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