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The Rise of Bitcoin as a Digital Safe-Haven Asset
May 4, 2025
Bitcoin is increasingly being recognized as the modern-day equivalent of gold amidst economic and geopolitical uncertainties. Institutional investors, including governments from the US, UK, and China, are viewing Bitcoin as …
Read moreCrypto Dynamics Shift: Bitcoin Adoption Surges Amid Ethereum's Decline
May 3, 2025
The landscape of cryptocurrency investing is experiencing a noteworthy shift as Bitcoin solidifies its position amid growing institutional demand, while Ethereum faces criticism and reduced interest. Ethereum, once the leading …
Read moreStrategy Increases Bitcoin Investments to $84 Billion
May 3, 2025
Strategy, previously known as MicroStrategy, is intensifying its commitment to Bitcoin, aiming to significantly boost its investment in the cryptocurrency. This latest strategic maneuver follows the company's remarkable $5.8 billion …
Read moreUnderstanding Fair Value Accounting for Digital Assets
May 3, 2025
Understanding Fair Value Accounting for Digital AssetsFair value accounting for digital assets, as demonstrated by Strategy's alignment with ASU 2023-08, presents a significant conceptual advancement in the treatment of cryptocurrencies …
Read moreRiot Platforms Faces Q1 Loss Amid Record Revenue and Operational Scale-Up
May 2, 2025
Riot Platforms, a prominent Bitcoin mining company, has reported a significant financial performance for the first quarter of 2025. The Texas-based firm achieved a record revenue of $161.4 million, more …
Read moreFCA Plans to Curb Crypto Lending and Credit Purchasing Amid Rising Risks in the UK
May 2, 2025
The Financial Conduct Authority (FCA), the UK’s financial regulatory body, is poised to introduce stringent regulations for the cryptocurrency sector, seeking to mitigate risks for retail investors. This move comes …
Read moreSenate Pushes Forward GENIUS Stablecoin Bill in Legislative Marathon
May 2, 2025
The United States Senate is making strides towards establishing a comprehensive federal framework for stablecoins, with the GENIUS stablecoin bill racing towards a floor vote ahead of the anticipated Memorial …
Read moreBitcoin Approaches $97,000 Amid Surging US Job Growth
May 2, 2025
Bitcoin's price momentum towards $97,000 has captured market attention as the US labor market notes impressive job growth, according to the recent nonfarm payrolls report from the Bureau of Labor …
Read moreMovement Labs Suspends Co-Founder Amid Token Market Controversy
May 2, 2025
Movement Labs is embroiled in a significant controversy following the suspension of its co-founder, Rushi Manche. The decision comes amid turmoil caused by a market maker deal which Manche brokered. …
Read moreUS Treasury Targets Huione Group Over Crypto Crime Allegations
May 2, 2025
In a decisive move to combat illicit financial activities, the US Treasury has put forward a proposal to sever the Cambodia-based Huione Group from the United States banking system. The …
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