MicroStrategy, a technology company, has seen a profitable turnaround in its Bitcoin investment as the cryptocurrency’s value recently increased. The public company, headquartered in Tysons, Virginia, has seen its investment grow to a value of $4.8 billion today. This represents a remarkable 160% increase in the value of its Bitcoin holdings since they began acquiring … Read more
BlockFi’s Custodial Wallet Users Can Request Withdrawals Today, While Interest-Bearing Account Holders Must Wait Until 2024.
Bitcoin (BTC) has had a remarkable 87% increase in value this year, and even today, it’s climbing to $31,000. This surge in Bitcoin’s price has also pushed up the stock prices of companies associated with cryptocurrencies. For instance, the Grayscale Bitcoin Trust (GBTC), which is the largest Bitcoin fund in the world, has seen a … Read more
According to CoinShares, the majority of investments were directed towards physical Bitcoin in the form of spot Bitcoin ETFs in Canada and Germany, indicating a strong preference among investors for actual Bitcoin holdings.
Two U.S. senators, one from the Republican party and the other from the Democratic party, have put forward a new bill aimed at preventing a situation similar to the FTX collapse. This bill is called the PROOF Act, short for Proving Reserves of Others Funds. Senators Thom Tillis from North Carolina and John Hickenlooper from … Read more
The FTC Takes Action Against Voyager, Marking a Milestone in Crypto Regulation, Focusing on Accuracy and Transparency While Pursuing Legal Action Against Former CEO for False Claims.
A decentralized community and a renowned biologist have teamed up to establish Matrix Biosciences, focusing on longevity research.
On Monday morning, pre-market futures in the United States experienced a decline, mirroring the slump in Asian stock indexes.
The leading regulatory authority of Wall Street stated this claim in its argument to a federal judge, seeking to reject a request for summary judgment in its lawsuit.
Osmosis, the leading decentralized exchange (DEX) on Cosmos, joins forces with Nomic and Kujira to bring Bitcoin (BTC) into the inter-blockchain communications (IBC) protocol, offering users the ability to transfer BTC to Cosmos through the Nomic bridge at a 1.5% transaction cost. This collaboration introduces Nomic Bitcoin (nBTC), an IBC-compatible token, which can be traded, used for liquidity, and applied across 50+ Cosmos-connected app chains, with the nBTC Interchain Upgrade scheduled for October 27, offering self-custody and collateralization options.