Michael Saylor and team at Strategy (MSTR) have officially expanded across the pond as they seek to tap new funding markets in their quest to acquire even more bitcoin BTC$100,231.58. The largest publicly traded company holding bitcoin, Strategy priced its initial public offering of 7.75 million shares of 10% Series A Perpetual Stream Preferred Stock
The US federal government shutdown, setting a new record for its unprecedented length, is exerting a strong influence on the global economy. Damages and adverse effects are rapidly emerging across various economic sectors. Nevertheless, there is no sign of compromise on the political front. Record-Breaking Standoff Deepens As of Friday, the US government shutdown has
Lantern Ventures, a London-based proprietary trading firm founded by some former members of Sam Bankman-Fried’s Alameda Research, is winding down its funds after seven years of operation, according to two people familiar with the plans. The crypto investment firm is in the process of returning capital to investors and is closing its external funds, a
TON Foundation has officially launched MemeRepublic, introducing a new frontier for memecoin enthusiasts, traders, and liquidity providers to compete, collaborate, and earn in an ecosystem built entirely on transparency. With a $1,000,000 Memecoin Fund dedicated to powering on-chain activity, MemeRepublic aims to supercharge memecoin trading across major decentralized exchanges (DEXs) and create a sustainable, community-driven
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots
Schwab Asset Management has revealed in a new survey that nearly half of exchange-traded fund investors plan to continue gaining exposure to crypto ETFs, which will rival bond ETFs. The asset manager found that 45% of the respondents plan to invest in crypto ETFs, matching the interest in bond ETFs. The report also showed that
Imagine a billion-dollar vote of confidence in the cryptocurrency space. That’s exactly what Kazakhstan is planning with its groundbreaking Kazakhstan crypto fund, set to launch with up to $1 billion in capital. This massive investment initiative represents a strategic pivot for the Central Asian nation as it positions itself in the global digital economy. What
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$100,251.26 and other major cryptocurrencies fell in the last 24 hours with the CoinDesk 20 (CD20) index retreating 2.17%, caught in the pullback that has gripped global markets this week. The broader retreat began with a sell-off in tech-heavy equity indices like the Nasdaq 100,
Sandeep Nailwal says stablecoins are strengthening the U.S. dollar in a new “Dollarisation 2.0.” Nailwal argues that stablecoins shift the dollar’s influence from businesses to consumer access. He contrasts Dalio’s warning, saying stablecoins embed the dollar deeper into global finance. Polygon Foundation CEO Sandeep Nailwal has said that the U.S. dollar could gain more power
IREN moved from near collapse to a massive $9.7 billion agreement with Microsoft, according to Bloomberg. The company was founded by Daniel Roberts and Will Roberts, two former Macquarie Group bankers who took the firm public in November 2021 during the peak of the pandemic-driven crypto rush. When the Bitcoin market crashed the next year,