Strategy acquires 17,994 bitcoins
Strategy acquires 17,994 bitcoins
Strategy acquires 17,994 bitcoins Read More »
Stablecoin payments platform KAST raises $80 million Series A at a valuation of $600 million
KAST, a stablecoin financial platform focused on cross-border payments, has raised $80 million in Series A funding led by QED Investors and Left Lane Capital, the company announced Monday. The company said it plans to use the funding to develop its product, invest in licensing and compliance, and grow its team. KAST is building a
Strategy (MSTR) added 17,994 bitcoins last week, bringing total holdings to 738,731 coins.
Led by Executive Chairman Michael Saylor, Strategy (MSTR) made a massive purchase of Bitcoin last week. The leading Bitcoin treasury company added 17,994 bitcoins to its holdings at a total cost of $1.28 billion, or $70,946 per coin. The company’s stack now stands at 738,731 BTC acquired for $56.04 billion, or $75,862 per coin. Bitcoin
The price of Bitcoin (BTC) remains calm while other markets panic. Key Levels to Watch: Crypto Daybook Americas
By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$67,480.89 and the broader crypto market remained resilient on Monday as a rise in oil prices above $100 shook Asian markets and triggered a decline in U.S. stock futures. The crypto calm could be shattered if bitcoin breaks out of the $60,000-$75,000 range, data on
Bitcoin Rises 2.8% as Global Markets Crash on Iran Conflict, Oil Surge: Crypto Markets Today
Bitcoin BTC$68,153.83 rose 2.8% since midnight UTC after global markets fell when futures opened an hour earlier. Futures on the Nasdaq 100 and S&P 500 indexes have both fallen more than 1.5% since midnight, as oil climbed as high as $115 a barrel, its highest level since June 2022. Precious metals also suffered. Gold and
Nigel Farage invests in UK BTC treasury firm Stack BTC
Nigel Farage, leader of the UK Reform Party, invested 215,000 pounds ($286,000) in Stack BTC (STAK), a UK-listed bitcoin. BTC$68,032.17 treasury company, as part of a fundraising also involving Blockchain.com. In total, the company raised 260,000 shares by selling 5.2 million new shares at 5 pence each, it announced on Monday. The new shares are
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Banks Need the Clarity Act More Than Crypto, Says Former CFTC Chairman Christopher Giancarlo
The banking sector has more to gain from the impasse in the US Digital Asset Market Clarity Act, a bill aimed at regulating digital assets, than the crypto industry, according to Christopher Giancarlo, former chairman of the country’s Commodity Futures Trading Commission (CFTC). “The banks need this more than they need crypto,” Giancarlo told Scott
Bitflyer volume outpaces Binance and Coinbase by 200% as peak oil drags Nikkei
Crypto trading surged on Japan’s Bitflyer on Monday as the Nikkei slipped, with the Tokyo-based exchange posting a bigger volume surge than global platforms such as Binance and Coinbase during a sharp sell-off in Asian stocks. According to CoinGecko data, Bitflyer’s 24-hour trading volume is up 200%, compared to 112% on Coinbase and 75% on
Bitflyer volume outpaces Binance and Coinbase by 200% as peak oil drags Nikkei Read More »
Bitcoin Gains, Oil Retreats After 25% Spike as G7 Discusses Release of Emergency Reserves
The resumption of the oil war has just encountered its first real obstacle. Tokenized crude futures on Hyperliquid’s CL-USDC contract fell sharply from a high of $118 to $102.83 on Monday after the Financial Times reported that G7 finance ministers would discuss a coordinated release of emergency oil reserves through the International Energy Agency. Bitcoin
The United States is not really exposed to oil shocks and this could help Bitcoin
The week-long war between Iran, the United States and Israel has pushed oil prices on both sides of the Atlantic beyond $100 a barrel, threatening to inject inflation into the global economy. Asian markets suffer, bond yields rise, and yet Bitcoin BTC$67,533.94 has barely moved, hovering around $67,000, where it was 24 hours ago. A
The United States is not really exposed to oil shocks and this could help Bitcoin Read More »