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
Michael Saylor’s Strategy (MSTR) missed out on being added to the S&P 500 index on Friday, despite hopes of inclusion after the company posted one of the strongest quarters in its history and met all criteria for joining the index. The stock of the largest corporate bitcoin BTC$110,656.19 holder declined nearly 3% after market hours,
The U.S. Bureau of Labor Statistics (BLS) has reported a significant BLS data error with its website’s data search tool. This comes at a crucial time, just before the release of key economic indicators like non-farm payrolls and the unemployment rate. For cryptocurrency investors, this isn’t just a technical glitch; it’s a development that could
Aria Protocol Labs Inc. and the Aria Foundation announced today they have raised $15 million in combined seed and strategic funding to expand a novel push: bringing revenue-generating, real-world intellectual property (IP) onchain as liquid, fungible tokens. The round includes major participation from Polychain, Neoclassic, the Story Foundation and other strategic partners across crypto, IP
Leveraged trader James Wynn, famous for his huge gains and losses, claims his UK bank accounts were frozen with no explanation. Summary James Wynn says that UK banks froze his accounts with no explanation The leverage trader claims that he paid ‘millions’ in taxes from these accounts His claims sparked a debate about debanking in
The crypto market may be on the verge of a strong bullish breakout after weak nonfarm payrolls data boosted calls for the Federal Reserve to cut interest rates and as the deadline for ETF approvals nears. Summary The crypto market may rebound after the latest non-farm payrolls data. Economists now expect the Fed to cut