Insights from CryptoQuant Founder Ki Young Ju on MSTR’s Illiquid Holdings

On May 10th, 2023, COINOTAG News reported insights from CryptoQuant founder Ki Young Ju, emphasizing the deflationary nature of Bitcoin. He revealed that corporate entities, particularly MicroStrategy (MSTR), are acquiring BTC at a pace that outstrips its mining rate. Currently, MSTR holds approximately 555,000 BTC, a sum deemed illiquid without intentions to liquidate. This accumulation … Read more

US Treasury launches investigation into Benchmark Capital’s ties to Chinese firm Manus AI

According to reports,  the US Treasury Department is looking into a $75 million investment by Benchmark Capital in the Chinese company Manus AI. This now escalates the tech rivalry between the US and China and the desire of the US to maintain its position at the forefront. Officials from the department recently asked the Silicon … Read more

Bitcoin Surges as Global Trade Talks Influence Market Sentiment

Key Points: Trade talks between China and U.S. held in Geneva. Potential reduction of tariffs discussed. Importance of multilateral negotiations highlighted. China-U.S. High-Level Trade Talks Held in Geneva On May 10, 2025, senior Chinese and U.S. officials convened in Geneva, Switzerland, marking a significant event in trade negotiations between the two nations. The discussions, centered … Read more

Senate Proposes Significant Overhaul for Stablecoin Regulations

The U.S. Senate is considering new regulations for stable digital asset issuers with a draft bill known as the GENIUS Act. The legislation aims to integrate organizations like Tether, which have traditionally operated outside American jurisdiction, into U.S. regulatory frameworks. This development marks a potential turning point for Tether and similar entities that could soon … Read more

UAE Fuel Provider Emarat Launches Crypto Payments With Crypto.com

Emarat, a leading fuel provider in the UAE, has partnered with Crypto.com to launch cryptocurrency payment services at 10 of its fuel stations. Emarat, Crypto.com Kick off Naming Rights Program for Fuel Stations In an announcement that further solidifies the United Arab Emirates (UAE)’s burgeoning reputation as a hub for financial innovation, the country’s prominent … Read more

Bank of America Warns Consumer Spending Momentum Easing Across All Income Levels, Number of Households Receiving Unemployment Payments Growing

Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of America Institute says consumer transactions and spending on unnecessary expenses have been waning since the beginning of the year. “The gradual easing in consumer spending momentum is not just due to lower inflation – the … Read more

RedotPay enters South Korea with crypto-powered payment cards

Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services. The company’s crypto debit cards—both physical and virtual—are now accepted at all Korean merchants that support Visa, according to a May … Read more