Business

Spanish authorities dismantle crypto kidnapping ring after deadly attack

Spanish police arrested five people and charged four others in Denmark on Thursday over the kidnapping and murder of a man targeted for his cryptocurrency. The police operation dismantled what authorities described as a criminal group operating across borders to steal cryptocurrencies. The investigation began in April when a woman came to Malaga police station

Spanish authorities dismantle crypto kidnapping ring after deadly attack Read More »

Tether’s bid to buy Italian football club Juventus rejected by majority shareholder Exor

Stablecoin issuer Tether’s dreams of a complete takeover of Italian football club Juventus appear to have been dashed. The board of majority shareholder Exor unanimously rejected Tether’s binding, all-cash offer to buy the company’s 65.4% stake in Juventus, saying in a press release Saturday that it had “no intention of selling any of its shares

Tether’s bid to buy Italian football club Juventus rejected by majority shareholder Exor Read More »

These three metrics show that BTC has found strong support near $80,000

Bitcoin BTC$90,209.38 has so far rebounded above $90,000, 15% higher than its November 21 low of around $80,000, with price finding confluence support on three important cost basis metrics: the 2024 annual volume-weighted cost basis, the actual market average, and the average cost basis for U.S. spot exchange-traded funds (ETFs). These metrics help identify areas

These three metrics show that BTC has found strong support near $80,000 Read More »

Vanguard Exec Calls Bitcoin ‘Digital Labubu’ Even as Firm Opens Access to ETF Trading

John Ameriks, Vanguard’s global head of quantitative equities, said Bitcoin BTC$90,186.38 still looks more like a speculative collectible than an asset intended to create long-term wealth, comparing it to a “digital Labubu,” the plush toy that has become a popular collectible. Ameriks’ remarks came Thursday at Bloomberg’s ETFs in Depth conference in New York, where

Vanguard Exec Calls Bitcoin ‘Digital Labubu’ Even as Firm Opens Access to ETF Trading Read More »

Bitcoin Giant strategy maintains its place in the Nasdaq 100 index

Strategy (MSTR), a company heavily focused on Bitcoin, will remain in the Nasdaq 100 index, surviving the annual shake-up that saw several well-known names fall. The company, which started as enterprise software provider MicroStrategy, pivoted in 2020 toward storing Bitcoin as its primary strategy. Since then, it has accumulated 660,624 BTC worth $59.55 billion and

Bitcoin Giant strategy maintains its place in the Nasdaq 100 index Read More »

After the 2025 test, cryptocurrency IPOs will face their real trial in 2026

Laura Katherine Mann, a partner at international law firm White & Case, sees 2025 as the “test year” for crypto IPOs, but says 2026 is the real proof point: the year the market discovers whether digital asset IPOs are a “sustainable asset class” or simply a cyclical transaction that only works when prices rise. 2025

After the 2025 test, cryptocurrency IPOs will face their real trial in 2026 Read More »

Pudgy Penguins NFT Project Takes Over Las Vegas Sphere During Holiday Campaign

Once a non-fungible token (NFT) project during the crypto boom of 2021, Pudgy Penguins is moving toward real-world exposure with a high-profile ad placement at the Las Vegas Sphere during Christmas week. Only a few crypto-related brands have secured advertising space at the Sphere, a massive LED-covered venue known for its immersive screens and performances

Pudgy Penguins NFT Project Takes Over Las Vegas Sphere During Holiday Campaign Read More »

Brazil’s largest asset manager recommends investors put up to 3% of their money in Bitcoin to protect against currency and market shocks

Brazil’s largest private asset manager, Itáu Asset Management, has recommended that investors allocate 1-3% of their portfolios to bitcoin. BTC$90,143.11. In a year-end note, Renato Eid, head of beta strategies and responsible investment at Itaú Asset Management, argued that bitcoin’s lack of correlation with traditional local assets makes it a useful diversification tool. The rating

Brazil’s largest asset manager recommends investors put up to 3% of their money in Bitcoin to protect against currency and market shocks Read More »

Scroll to Top