Erbil Karaman, Co-Founder of Huma Finance, described the atmosphere of the much-anticipated $148 million dinner with US President Donald Trump as “charged and eventful.” Most of the 220 attendees were “predominantly Asian,” while the food quality was “disappointing.” Despite this last detail, if he had the opportunity to do it all again, Karaman would “absolutely” … Read more
Bluebird Mining Ventures has made headlines as the UK’s first gold mining company to adopt Bitcoin as part of its treasury reserves, signaling a transformative shift in traditional asset management. This strategic move has catalyzed a remarkable 60-63% surge in Bluebird’s stock price, underscoring investor enthusiasm for integrating digital assets within established industries. According to … Read more
Strategy Chairman Michael Saylor has inspired dozens of copycats with his bitcoin treasury approach. But Standard Chartered warns of dire consequences to imitators if the cryptocurrency’s price collapses. Standard Chartered Flags Risks for Bitcoin Corporate Treasuries What could possibly go wrong when more than a hundred public companies start hoarding bitcoin (BTC) on their balance … Read more
The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds were initially frozen in April 2023 as part of an indictment against Sim Hyon Sop, a China-based banker allegedly helping North Korean … Read more
The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds were initially frozen in April 2023 as part of an indictment against Sim Hyon Sop, a China-based banker allegedly helping North Korean … Read more
The post Crypto Liquidations Almost Top $1B Following a Messy Breakup Between Elon Musk and U.S. President Donald Trump appeared first on Coinpedia Fintech News The crypto market recorded more than $831 million in forced liquidations during the past 24 hours. More than $765 million rekt in the last 24 hours involved long traders, who … Read more
Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the … Read more
The Moscow Exchange has launched Bitcoin futures contracts, giving qualified Russian investors a way to get involved with Bitcoin. The launch of the futures follows growing interest from Russian financial institutions looking for safer exposure to Bitcoin. On June 4, the Moscow Exchange stepped into the cryptomarket by launching Bitcoin ETF futures trading. As reported … Read more
BlackRock purchased over $357 million worth of BTC and ETH. BTC whales are in a profit-taking phase while Ethereum whales are aligning with institutions accumulation phase. On the 5th of June, BlackRock purchased 2,704 Bitcoin [BTC], valued at approximately $283.9 million, and 28,239 Ethereum [ETH] worth $73.2 million. The firm’s crypto purchase in this round … Read more
Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the … Read more