Cryptocurrency information platform BBX has launched a new data platform on publicly traded crypto-related companies operating globally. According to the platform, currently 66 public companies hold a total of 12 different cryptocurrencies as strategic reserves. The total market value of crypto concept stocks has reached $2.18 trillion. According to the data, institutional Bitcoin reserves currently
Famed British cypherpunk Adam Back has opined that Bitcoin’s market cap should be around $200 trillion. The prediction is, of course, seemingly unrealistic given that the S&P 500, which represents the 500 largest US companies combined, is worth $40 trillion. It accounts for around 40% of the global stock market. Gold, the main safe-haven asset,
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Standing outside the Clase Azul loft in downtown Brooklyn, I called my mother to inform her I had just spent $2,000 on a bottle of tequila. “Are you drunk?” came her stunned reply. Reader: I was not drunk. I was investing. Two
Taiko, an open-source and Ethereum-equivalent ZK-Rollup to scale the Ethereum ecosystem, has started a new partnership with Nethermind, a software and research company. The collaboration focuses on establishing a resilient infrastructure to drive the rollup ecosystem. The platform provided the details of this partnership on social media. Taiko x Nethermind: Building to Empower the Based
In a move that has captured the attention of the cryptocurrency world, South Korea-based metaverse platform Bitmax has announced a dramatic increase in its Bitcoin holdings. Since the start of the year, the company’s BTC reserves have surged nearly sevenfold, now standing at approximately 349.19 BTC, according to recent reports from Newsis. This impressive accumulation
On Friday, July 4th, the crypto market experienced a sudden sell-off following a 2% intraday loss in the pioneer cryptocurrency, Bitcoin. This selling pressure can be attributed to market speculation and uncertainty, as some OG Bitcoin whales moved a substantial 80,000 BTC after being dormant for 14.3 years. Despite sentiment pressure, this downtick invalidated a
In a move that signals a growing confidence in the digital asset space, Nasdaq-listed Hilbert Group, a prominent digital asset investment firm, has announced a groundbreaking strategic crypto treasury plan. This bold initiative designates Bitcoin (BTC) as its primary reserve asset, marking a significant step for institutional adoption within the cryptocurrency landscape. What does this
Midle, an emerging platform in the decentralized sector, has collaborated with Globe Vault, a popular entity offering solutions concerning crypto wallets. The partnership underscores a significant step to provide a more consumer-focused, seamless, and secure wallet experience across chains for worldwide Web3 community. The platform disclosed the details of this mutual endeavor in a recent