Since August 2020, Bitcoin has surged by 600%, but one tech stock, Strategy, formerly MicroStrategy, has skyrocketed by over 1,800% in the same period. Strategy’s impressive growth is tied to its aggressive Bitcoin buying strategy, amassing almost 500,000 Bitcoins, making it the largest corporate holder worldwide. The company has pivoted from software to a Bitcoin-centric ...
A recent article discusses the current standing of Coinbase Global, Inc. (NASDAQ:COIN) among the top cryptocurrency stocks amid growing interest due to U.S. President Trump’s announcement of a potential “Crypto Strategic Reserve.” This plan aims to position the United States as a leader in the cryptocurrency space, enhancing regulatory clarity and encouraging institutional investment. While ...
In 2024, Bitcoin reached a historic milestone, surpassing $100,000 for the first time, attracting significant attention from investors worldwide. With President Donald Trump back in office, the U.S. is witnessing a surge in crypto-friendly policies, including the establishment of a Strategic Bitcoin Reserve. However, the Market remains volatile, with Bitcoin recently trading at approximately $82,000 ...
MGX, an investment firm based in Abu Dhabi, has made headlines by investing $2 billion in Binance, one of the largest cryptocurrency exchanges in the world. This investment, reported on March 12, is significant as it marks the first institutional backing that Binance has received and represents a milestone in the crypto industry. The deal ...
MEXC Ventures, the investment branch of the cryptocurrency exchange MEXC, has invested $16 million in Ethena, a prominent player in the stablecoin Market. Additionally, MEXC acquired $20 million worth of USDe, Ethena’s synthetic dollar, to encourage widespread adoption. The investment is a nod to Ethena’s strong vision for stablecoins in decentralized finance. As stablecoins become ...
Bitcoin, created in 2009, was the first digital currency designed to operate without central authorities like banks. Its journey has been tumultuous, facing skepticism and Market crashes, yet it remains valued over $80,000. For Bitcoin to potentially drop to zero, scenarios could include major government bans, energy cost spikes affecting mining, loss of investor confidence, ...
Norm Ai, a leading company in regulatory AI, announced it has raised $48 million recently, bringing its total funding to $87 million in the past 18 months. This investment aims to enhance its innovative platform that automates compliance by integrating checks directly into business processes. Norm Ai’s unique Legal Engineering Automation Platform, known as Leap, ...
Fundstrat’s Tom Lee has been a prominent Market strategist, turning bullish when many remained cautious. Despite recent Market sell-offs, he remains optimistic about Bitcoin, predicting it could rise by at least 66% by year’s end. However, he acknowledges that Bitcoin may experience further declines in the short term due to evolving economic factors, including tariffs. ...
Skyfire has officially launched its payment infrastructure designed for the AI Agent economy, transitioning from Beta to full service. This innovative platform supports autonomous transactions in AI-driven environments, offering features such as programmatic wallets, payment controls, and enterprise-grade capabilities. With options for funding through credit cards, ACH, wire transfers, and USDC, organizations can easily set ...
Cryptocurrencies took a hit after President Donald Trump established a U.S. strategic bitcoin reserve through an executive order. Bitcoin fell 3%, trading around $87,586 after dropping as low as $84,688. Other cryptocurrencies like Ether and XRP also experienced declines. The reserve will consist of bitcoins seized from past law enforcement actions, with the U.S. government ...
