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Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed To Short Squeezes
September 21, 2024
Bitcoin (BTC) is making a notable recovery, with markets rebounding from the fear-induced plunge experienced last week. On Tuesday, Bitcoin demonstrated significant upward momentum, further bolstering optimism among analysts and …
Read moreMicroStrategy Acquires Additional 7,420 Bitcoin with $1 Billion in Debt Offering
September 20, 2024
MicroStrategy, the firm led by Michael Saylor, recently filed with the US SEC to disclose its acquisition of 7,420 BTC for $458.2 million between September 13 and September 19. This …
Read moreSolana Unveils Seeker: An Affordable Next-Gen Web3 Smartphone
September 19, 2024
Solana Labs subsidiary, Solana Mobile, has officially unveiled the Seeker, its second-generation web3 smartphone set to be released in 2025 during Token2049. Emerging from its 'Chapter Two' stealth phase, the …
Read moreBlackRock Highlights Bitcoin as Unique Diversifier and Hedge Against US Debt
September 19, 2024
Leading asset manager BlackRock has released a comprehensive 9-page document to its clients, positioning Bitcoin as a 'unique diversifier' for investment portfolios. The document, dated September 18, underscores Bitcoin's distinct …
Read moreInstitutional Players Driving Crypto Adoption in Eastern Asia
September 18, 2024
Eastern Asia has distinguished itself as the sixth largest crypto economy on the globe, propelled by robust institutional activities in South Korea and Hong Kong. As per a report by …
Read moreBitGo Announces USDS Stablecoin to Compete with Tether and Circle
September 18, 2024
Crypto custodian BitGo is set to enter the stablecoin market with plans to launch a dollar-backed USDS stablecoin by 2025, according to a Sept. 18 statement.USDS: A New ContenderBitGo stated …
Read moreCore Scientific And Salesforce Lead AI Innovation Surge
September 18, 2024
The rapidly evolving landscape of artificial intelligence and data center technology is witnessing significant advancements with Core Scientific and Salesforce at the forefront. Core Scientific's Unique Position in AI Data …
Read moreBitcoin Surges Amid Fed Rate Cut Speculation, ETF Investments Soar
September 18, 2024
Bitcoin has rebounded impressively, surging past $61,000 and showing nearly a 6% increase from its previous three-day dip. This hike is largely attributed to growing speculation around the Federal Reserve’s …
Read moreSEC Commissioners Challenge Securities Regulation in Flyfish NFT Case
September 18, 2024
SEC Commissioners Hester M. Peirce and Mark T. Uyeda have criticized the regulator's enforcement action against the Flyfish Club non-fungible token (NFT) collection. In a letter dated Sept. 16, the …
Read moreFTX Auditor Prager Metis Fined $2 Million by SEC for Negligence
September 18, 2024
Prager Metis CPAs has agreed to pay $1.95 million to settle two U.S. Securities and Exchange Commission (SEC) actions alleging misconduct in its audits of FTX and violations of auditor …
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