A massive trove of Bitcoin that has been dormant for up to a decade has suddenly woken up and moved out of its wallet. Blockchain analytics firm CryptoQuant reports that 14,000 coins – worth about $1.35 billion at time of writing – were transferred early on Monday to new wallets. According to CryptoQuant, the BTC … Read more
Acting CFTC Chair Caroline Pham announced on Feb. 4 that the commission would essentially end its practice of regulation by enforcement.
In a significant move, Strategy (formerly MicroStrategy) has reaffirmed its commitment to Bitcoin by purchasing 7,633 BTC for $742.4 million, signaling ambitious future plans. The strategic investment by BlackRock, increasing its stake in Strategy to 5%, reflects bolstered confidence in the company’s sustained accumulation of Bitcoin. Michael Saylor, CEO of Strategy, highlighted that despite speculative … Read more
Metaplanet shares have risen 4,800% as the company, known as “Asia’s MicroStrategy,” has stacked Bitcoin.
Japan’s Financial Services Agency (FSA) is considering labeling crypto assets as securities, requiring crypto businesses to reveal more information. The agency believes that if crypto businesses were more open to providing detailed information, it could bolster investor protection. The FSA is still holding a study session with experts to discuss the current crypto regulations and … Read more
The United States’ largest union group sued the Treasury Department, accusing it of unlawfully providing sensitive information to Elon Musk’s DOGE.
The United States’ largest union group sued the Treasury Department, accusing it of unlawfully providing sensitive information to Elon Musk’s DOGE.
Tesla’s recent financial maneuvering highlights the evolving role of Bitcoin as a legitimate asset, driven by new accounting standards, signaling a potential shift in corporate treasury practices. As companies increasingly recognize Bitcoin’s value, the opportunity to leverage these holdings for liquidity is set to transform traditional funding approaches. “This allows businesses to expand their financial … Read more
The firm trades on the Tokyo Stock Exchange and claims its bitcoin strategy has made it “the best-performing stock worldwide.” Metaplanet to Purchase $2 Billion Worth of Bitcoin by 2026 Japanese hotel developer turned bitcoin treasury firm Metaplanet, announced on Monday, plans to acquire 21,000 bitcoin (BTC) by the end of 2026. Bloomberg called the … Read more
The Dow Jones found thin gains on Monday ahead of trade war headlines. Tech rally has stalled after last batch of earnings came in mixed. Fed Chair Powell back on the calendar, as well as US inflation data. The Dow Jones Industrial Average (DJIA) found a slim foothold on Monday despite some volatility in the … Read more