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KULR expands its Bitcoin (BTC) holdings to 510 BTC, bringing total purchases to $50 million

KULR (KULR), a maker of advanced energy management systems, said it spent $8 million in bitcoin (BTC) to bring its total holding to 510 tokens. At a weighted average price of $101,695, this equates to almost 79 bitcoins and means the company’s total investment now stands at $50 million. The purchase follows the Houston, Texas-based

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Bitcoin Climbs As SEC Forms Crypto Task Force To Clarify Regulation By PK Press Club

PK Press Club — Bitcoin () climbed as the Securities and Exchange Commission said Tuesday that its acting chairman, Mark Uyeda, was forming a cryptocurrency task force to clarify regulations for the sector. () was up 3% at 106,040 in recent trading. The SEC’s decision aims to “develop a comprehensive and clear regulatory framework for

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Sonic Labs Announces $250,000 Sonic DeFAI Hackathon in Partnership with DoraHacks and Zerebro By PK Press Club

George Town, Cayman Islands, January 20, 2025, PK Press Club Sonic Labs, the team behind the highest-performing EVM L1 blockchain Sonic, announced the launch of the Sonic DeFAI Hackathon, in partnership with DoraHacks, a global hackathon organizer, and Zerebro, an autonomous AI agent. With $250,000 in prize money, the hackathon invites participants to compete over

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Rex and Osprey want to bring Trump Memecoin to institutions with a new crypto ETF

Crypto issuers surely seem to think anything is possible now that Donald Trump is in power. Exchange-traded fund issuer Rex Shares and crypto asset manager Osprey Funds filed numerous crypto-focused exchange-traded funds (ETFs) on Tuesday, including a Trump ETF, according to a Tuesday filing with the Securities and Exchange Commission (SEC). The ETF would track

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Building a strategic Bitcoin reserve could take up to 2 years: Willy Woo by PK Press Club

PK Press Club – In a recent tweet, cryptocurrency investor, trader and entrepreneur Willy Woo shared his views on the prospects of creating the US National Reserve and why the new US president has not signed any orders to do so. subject on his first day in the White House. . Woo warned that creating

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USDC Stablecoin Issuer Circle Acquires $1.3 Billion Tokenized RWA Company Hashnote

Circle, the crypto company behind the $48 billion USDC stablecoin, announced Tuesday that it has acquired tokenized real-world asset (RWA) issuer Hashnote. The companies closed the deal this morning, a Circle spokesperson told CoinDesk, and was announced in Davos, Switzerland, at the World Economic Forum’s annual meeting. The companies did not reveal pricing details. Circle

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Smart Valor conducts a strategic review that could lead to a sale of the company

Smart Valor, an AI-powered cryptocurrency exchange and investment company, is exploring the possibility of selling all or part of its business. The Zug, Switzerland-based company is conducting a strategic review after receiving a number of inquiries from major global exchanges, crypto platforms and traditional financial institutions (TradFi), including banks and trading platforms. trading, CEO and

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