Key Takeaways BlackRock’s Bitcoin ETF, IBIT, purchased 1,810 Bitcoin on September 16. The value of this purchase amounts to $209.2 million. BlackRock’s Bitcoin ETF IBIT purchased 1,810 Bitcoin worth $209.2 million on Sept. 16. The acquisition represents continued institutional investment in the leading digital asset through the exchange-traded fund vehicle.
Saudi Awwal Bank (SAB) has announced a new partnership with Chainlink to bring more blockchain technology into Saudi Arabia’s financial system. As reported by Cointelegraph, this agreement will use Chainlink’s tools. Like, Cross-Chain Interoperability Protocol (CCIP) and the Chainlink Runtime Environment (CRE). This way helps to build financial applications that are modern, safe and flexible.
In a groundbreaking move that underscores the growing institutional confidence in digital assets, Metaplanet, the publicly listed Japanese company known for its substantial Bitcoin treasury, has announced a significant expansion. This strategic initiative involves establishing two new subsidiaries, signaling a bold step forward in its Metaplanet Bitcoin strategy. The company is set to launch Bitcoin
Key Takeaways Gold’s recent upward momentum has paused as market focus shifts to the US Federal Reserve’s monetary policy decision. Investors are cautious amid uncertainty about potential changes to interest rates. Gold’s recent rally paused today as investors turned their attention to the upcoming Federal Reserve decision. The precious metal’s advance stalled amid uncertainty over
Quantexa, a data and analytics software firm, introduced a product on Wednesday that’s intended to help smaller financial institutions fight crypto-powered crime in the U.S. The London-based company is now offering a cloud-based, anti-money laundering (AML) solution through Microsoft’s cloud computing platform, which is “designed specifically for U.S. mid-size and community banks,” according to a
A “third mandate” from the US Federal Reserve could change long-term monetary policy if actioned, which could be bad news for the dollar but good news for crypto. The Fed has long been considered to have a dual mandate — price stability and maximum employment — but President Donald Trump’s pick for Fed governor, Stephen
While much of the attention from the crypto and traditional markets remains on the U.S., a recent analysis by a leading economist suggests it’s time to look east. Japan is teetering on the edge of a debt crisis, but a potential recession in the U.S. could provide the land of the rising sun a temporary
While Nostr was founded in 2020/2021, it only really gained initial traction once Will Caserin launched Damus and Jack Dorsey tweeted about it. A few months later, the first Nostr world conference was held in Costa Rica (Nostrica), and things really started to move. Over the next 18 months, many — myself included — were
Some Bitcoin treasury firms are losing their luster as share prices sag below a key threshold, TD Cowen analyst Lance Vitanza shared in a Tuesday note. Among 13 Bitcoin-buying firms tracked by the investment bank, four are trading “at meaningful discounts” against the value of their respective crypto holdings, he said. Among them were Semler