Prominent software services firm MicroStrategy continues to solidify its position as the largest corporate holder of Bitcoin with a fresh billion-dollar acquisition. Today, the firm disclosed adding 10,107 BTC to its already massive Bitcoin portfolio. This latest acquisition came at $105,596 per token, bringing the total new capital to $1.1 billion. As of today, MicroStrategy … Read more
Wall Street Pepe (WEPE) is on everyone’s radar after crossing the $60 million mark in its presale. This Ethereum-based meme project, geared towards providing advanced trading tools for everyday investors, has generated huge interest ahead of its official launch. And with only 20 days left until WEPE’s exchange debut, early investors hope it can live … Read more
The crypto ICO market is heating up like never before, with presales raking in millions. While everyone’s fighting over yesterday’s pumps, smart money is quietly positioning itself in three of the most promising crypto presales we’ve seen this cycle. Among these top picks for big returns, one audacious project is turning the AI narrative on … Read more
The US dollar dominates the stablecoin industry, but that can soon change, according to former Binance.US CEO and 1Money founder Brian Shroder.
The cryptocurrency industry notched two major victories last year when several fund issuers secured long-awaited approvals to offer spot Bitcoin exchange-traded funds and their Ethereum-based counterparts in the U.S. But that doesn’t mean issuers are ready to rest on their laurels just yet. In recent months, fund managers have proposed new investment offerings directly tracking … Read more
Bitcoin exchange-traded funds (ETFs) maintained a fourth week of consecutive net inflows with $1.76 billion flowing into the 12 U.S. spot bitcoin ETFs. Bitcoin ETFs Rack in Over a Billion Dollars in Weekly Net Inflow U.S. spot bitcoin ETFs closed the week of Jan. 21 to Jan. 24 on a high, with a combined weekly … Read more
Bitpanda has received a MiCA licence from Germany’s Federal Financial Supervisory Authority, allowing it to operate under a unified regulatory framework across all 27 EU member states. The MiCA licence introduces a single regulatory regime for the crypto industry in Europe, addressing long-standing challenges related to fragmented rules across countries. The framework provides licensing clarity, … Read more
The Bank of China will allocate 1 trillion yuan ($137.5 billion) over the next five years to financially support AI companies, as stated in an announcement from the organization. The institution aims to “strengthen the foundation” for the artificial intelligence industry. The bank will support the construction of AI computing centers, auxiliary facilities, and infrastructure. … Read more
Ronald Branstetter sat in his basement, his wife and two kids upstairs, scratching his head at how a meme coin named Fartcoin (FARTCOIN) could skyrocket to a $500 million market cap—now $1.4 billion, as of this writing. He was more of a traditional investor, creating YouTube content about the ebbs and flows of the gold … Read more
The company acquired another $1.1 billion worth of Bitcoin last week, increasing its digital asset holdings to 471,107 BTC.