Brazil is poised to become the first G20 nation to allocate up to 5% of its $370 billion international reserves into Bitcoin, following the rapid progress of a landmark legislative bill. This development signals growing institutional momentum and could reshape how global economies approach digital assets. With the bill already clearing its first committee, Brazil’s … Read more
Remixpoint Inc. (3825.T), a management consulting services company, announced it has purchased ¥887.3 million worth of Bitcoin, acquiring 55.68 BTC at an average price of ¥15.94 million per coin. Following this purchase, the company now holds a total of 981.39 BTC, with a market value of approximately ¥15.63 billion. The unrealized gain on its Bitcoin … Read more
A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset held by central banks as a reserve. However, the U.S. dollar still represents over 46% of all funds held by these institutions. ECB Report Acknowledges Gold Reached Second Place Amidst World’s Reserve Assets A recent … Read more
Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital finance company focused on blockchain-based financial infrastructure, has announced plans to raise $800 million to establish a long-term Bitcoin treasury reserve. The initiative is part of the company’s effort to incorporate digital assets into its financial strategy. According to a recent news release, Mercurity intends to transition … Read more
TLDR: Injective TVL surged 22% in a week, climbing to $31 million across DeFi protocols. INJ trades near $13 with a $1.3B market cap, maintaining strength despite daily dips. Market analysts project mid-term INJ targets between $16 and $18 if trends continue. Deflationary tokenomics and utility-driven growth fuel bullish sentiment on Injective. Injective’s DeFi ecosystem … Read more
Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties. Tether Investments on Thursday announced the acquisition of 78,421,780 common shares of Elemental (ELE) from La Mancha Investments, representing 31.9% of Elemental’s issued and outstanding shares. … Read more
A growing number of public companies are stuck in limbo—technically solvent, but strategically stalled. Growth has evaporated. Stock prices have languished. Reinvestment opportunities are unclear or underwhelming. These companies aren’t broken—they’re just drifting. They’ve become what markets call zombie companies: firms that generate enough to survive, but not enough to excite. And in today’s capital … Read more
Alchemy Pay Partners With Backed to Integrate xStocks on Its Platform, Pioneering the First Direct Fiat Access to Tokenized Stocks and ETFs – Branded Spotlight Bitcoin News You need to enable JavaScript to run this app.
Opinion by: Kin Wai Lau, CEO of ZKcandy Many people still don’t see the point of using blockchain in games. It’s a powerful tool that drives ownership and trading but is not vital for most gameplay types. The rise of AI shifts the equation. Blockchain isn’t just a bonus feature for games enhanced with artificial … Read more
Key points: Bitcoin hits its anticipated $107,000 low before heading higher as US inflation data boosts bulls. US dollar strength suffers as inflation continues to slow beyond expectations. BTC price expectations include new all-time highs before the end of the month. Bitcoin (BTC) bounced near $107,000 at the June 12 Wall Street open as slowing … Read more