Depreciation trading, in which investors move money from fiat currencies like the dollar to “hard assets” with a limited supply, like bitcoin. BTC$61,735.99 and gold, could be back in fashion if Thursday’s U.S. nonfarm payrolls data confirms Fed Chairman Kevin Warsh’s latest view on inflation. On Wednesday, Warsh said inflation risks had diminished. The comment […]
Earlier this week, Strategy unveiled a capital framework allowing selective sales of Bitcoin to fund preferred dividends, while allowing preferred stock repurchases and stock repurchases. It also set a minimum cash reserve covering 12 months of preferred dividends and interest payments. Its cash balance of $2.55 billion currently covers about 17 months. Hougan said this
Bitwise says STRC selloff signals crypto market bottom is near Read More »
Perpetual futures, once a niche crypto product, have become one of the fastest growing markets in the industry. Alongside cryptocurrencies like Bitcoin, trading platforms are increasingly listing contracts linked to stocks, commodities and other real-world assets, blurring the line between crypto-native and traditional financial markets. Led by former Revolut head of crypto Ruslan Fakhrutdinov, Extended
EToro (ETOR) Accelerates Its Blockchain Trading Efforts by Investing in Derivatives Site Read More »
He comes out of a position of weakness. Shares closed at nearly 16 cents on June 29, and Nasdaq has twice warned the company this year that it was no longer in compliance with listing rules, in January for trading less than $1 and again in June because its public shares were worth less than
SBI Crypto announced the closure of its mining pool on July 31, ending a service linked to one of Japan’s largest financial groups and giving miners less than a month to redirect their hashrate. The pool will stop accepting mining shares, which represent a miner’s contributions into the pool, on the deadline, according to SBI
SBI Crypto to Shut Down Mining Pool That Holds Around 2% of Bitcoin’s Hashrate Read More »
The US Treasury’s Office of Foreign Assets Control (OFAC) added 134 crypto wallet addresses to its ISIS-Khorasan Sanctions (ISIS-K) entry on Wednesday, including 131 Tron addresses and 3 Monero addresses. TRON wallets have received over $1.4 million since 2023 and sent over $880,000, according to Chainalysis. Tether has frozen balances on all 131 Tron addresses.
US Treasury Sanctions Over 100 ISIS-K Crypto Addresses in Latest Enforcement Action Read More »
“Today’s milestone shows that we can tokenize securities in a way that meets both market and regulatory requirements, for U.S. and global investors, and provides a strong foundation for expanding access to on-chain investing for more U.S. investors,” he added. Tokenization, or the process of representing traditional assets as blockchain-based tokens, has become one of
Ondo Launches SEC-Aligned Tokenized Equity Model with BlackRock ETF and Micron Stock Read More »
Strategy has become one of the largest companies holding and purchasing Bitcoin, with 847,363 BTC on its balance sheet. Its aggressive accumulation strategy has made the company a major source of demand for the cryptocurrency, meaning any move toward selling the digital asset, even occasionally, could influence market liquidity, price dynamics, and investor sentiment by
JPMorgan Warns Strategy’s Bitcoin (BTC) Selling Policy Increases Risk in Crypto Market Read More »
U.S. job growth disappointed last month, with the data likely to push back market expectations for a Federal Reserve rate hike as soon as this summer or early fall. The United States added 57,000 jobs in June, according to the government’s nonfarm payrolls report released Thursday morning. That’s lower than the 110,000 forecast by economists
U.S. payroll growth slowed sharply in June, adding just 57,000 jobs Read More »
European authorities are also debating how to treat multi-issue stablecoins, such as Circle Internet’s USDC (CRCL), which can be issued by several separate legal entities in different jurisdictions, but presented to users as a single, fungible token. According to Catarina Veloso, director of regulation and compliance at Notabene, when MiCA was designed, the European Commission
MiCA became law 3 years ago, the European crypto framework is now being redesigned Read More »
