Michael Saylor, the renowned Bitcoin advocate and the co-founder of the Bitcoin treasury company Strategy, has issued a tweet showing his reaction to the rejection of his company from being included in the S&P 500 index. He has posted data that shows that the only thing Strategy needs to be part of S&P 500 is
APAC is becoming the driver of global crypto activity. Transaction volume in the region jumped 69 percent year over year, hitting 2.36 trillion dollars. That is almost a trillion more than last year and shows how quickly demand for digital assets is shifting east. India, Pakistan, and Vietnam stand out here, not because of friendly
Bloomberg recently reported that the Hong Kong government’s special brand HKSAR is about to issue the third batch of digital bonds (since 2023). Hong Kong is undoubtedly one of the growing nations in the cryptosphere and preparations for this issuance have already begun. Officials and branches have allotted the financial hub. This announcement is classified
In a bold move that has captured the attention of both traditional finance and the cryptocurrency world, NYSE-listed CleanCore Solutions (ZONE) recently announced a monumental step. The company successfully raised an impressive $175 million through a private investment in public equity (PIPE) deal, specifically earmarked for establishing a Dogecoin treasury. This significant fundraise signals a
Ethereum spot ETFs saw a significant investor pullback on September 5. It recorded $447 million in net outflows. According to data from SoSoValue, it was the second-largest outflow in the category’s history. The withdrawals highlight shifting investor sentiment during a volatile period for crypto markets. BlackRock’s ETHA ETF led the outflows. It lost nearly $310
Story Highlights MARA stock strengthened as Marathon Digital boosted its Bitcoin treasury to $5.9B (52,477 BTC), making it the second-largest public holder after Michael Saylor’s Strategy. MARA stock outlook improves with renewable-powered mining, a growing hashrate, and expansion into AI-driven global ventures. MARA Holdings has once again made headlines in the crypto mining sector, pushing
The Central Bank of Bolivia announced that its national CBDC, the digital boliviano, will be launched later this month. The move is part of a push to modernize the Bolivian payment pipeline and offer a regulated option to counter other alternatives. Central Bank of Bolivia to Launch CBDC This Month Latam countries are increasingly looking
Mizuho Bank stated that the August US nonfarm payrolls report clearly revealed the weakening of the labor market. According to the report, employment, working hours, and income growth rates have fallen back to pandemic-era levels. The bank stated that regardless of inflation’s trajectory, the Fed is almost certain to cut interest rates at its September
Several financial institutions and market analysts are now projecting the US Federal Reserve, the country’s central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about
Key Takeaways Strategy’s Bitcoin purchases remain unaffected by new Nasdaq regulations. Nasdaq now requires shareholder approval before companies can issue new shares for crypto purchases. Strategy confirmed today that Nasdaq’s new regulations on digital asset treasury formations will not impact its operations, including ATMs and capital markets activities. This indicates that its Bitcoin accumulation plans