The Middle East has a chance to become “the Switzerland of the 21st century” by embracing bitcoin-backed banking, credit, and digital money, said Strategy (MSTR) Executive Chairman Michael Saylor. In a wide-ranging presentation at Bitcoin MENA, Saylor urged the region to seize what he described as a $200 trillion opportunity by enabling banks to custody
Cascade, a New York-based startup, introduced what it called the first 24/7 neo-brokerage built around a unified margin account for perpetual markets tied to cryptocurrencies, major U.S. stocks and private companies such as OpenAI, SpaceX and Stripe. The platform is designed to resemble a modern retail brokerage while running on a new execution and settlement
Bitwise’s crypto fund has just become the second crypto index to begin trading, letting individual traders and institutions access to multiple cryptocurrencies in a single investment vehicle. . The Bitwise 10 Crypto Index Fund (BITW), a $1.25 billion vehicle tracking the 10 largest digital assets, received the U.S. Securities and Exchange Commission (SEC)’s approval to
What started as a slow U.S. morning on crypto markets has taken a quick turn, with bitcoin BTC$94,261.14 re-taking the $94,000 level. Hovering just above $90,000 earlier in the day, the largest crypto surged back to $94,000 minutes after 16:00 UTC, gaining more than $3,000 in less than an hour and up 4% over the
Roxom, a specialized Bitcoin capital market, announced the launch of a new platform that will allow investors to buy and sell the shares of BTC treasury companies directly denominated in BTC. Roxom will offer direct stock trading for BTC holders without the need for fiat ramps. Holders will be able to trade BTC directly for
Kevin Hassett, widely seen as US President Donald Trump’s new Fed Chair nominee, has been seen as a strong signal on interest rate policy, generating immediate buzz in the cryptocurrency market. Bitcoin’s price jumped nearly 3% in the last hour, reaching $93,535. Chart with minute candles showing the rise in BTC price. Hassett, director of
Bitcoin (BTC) has been gaining strong bullish momentum in the last hour, rapidly rising from the $90,000 level to above $93,000. Market experts say the key catalyst for this sudden rally is the expectation of a Fed interest rate cut tomorrow. Investors have revived their risk appetite due to the strong possibility that the US
Binance, the world’s largest cryptocurrency exchange, recently made a management change and signed the most significant change in its management level in recent years. Binance has appointed a second CEO, co-founder Yi He, to this position. This marks the appointment of co-founder Yi He as co-CEO alongside current CEO Richard Teng. While this move is
Twenty One (XXI) has fallen 25% early in its first day of trading following completion of its SPAC merger with Cantor Equity Partners (CEP). Now trading at about $10.50, the stock is at a level that effectively places the bitcoin native firm near its PIPE pricing of $10. The company enters the market with the
At the Bitcoin MENA conference, Bilal Bin Saqib, CEO of the government-backed Pakistan Crypto Council and chief advisor to Pakistan’s finance minister, delivered a message that framed bitcoin not as a speculative asset, but as a practical solution to structural economic problems facing millions of people in Pakistan. One of Bin Saqib’s most striking takeaways