Florida court revives lawsuit against Binance for 80 million dollars in Bitcoin
The Florida Third District Court of Appeal recently ruled to reinstate a massive legal action related to the theft of crypto assets in 2022. This...
bitcoin
Fink describes Bitcoin as an “asset of fear” as BlackRock signals softer crypto stance
by Logan Pierce
BlackRock CEO Larry Fink described Bitcoin as an “asset of fear,” signaling a softer stance toward cryptocurrencies and a notable rhetorical shift from earlier institutional...
Bitcoin Posts Strongest Day Since May Targeting $107,000
by Logan Pierce
The cryptocurrency market witnessed a dramatic turnaround this Tuesday as Bitcoin (BTC) posted a daily gain of 5.81%, its most robust performance since May 8....
Strategy faces possible MSCI index removal, threatening billions in outflows
Strategy faces potential exclusion from MSCI indexes under proposed eligibility rules, putting billions of passive assets at risk. According to Reuters, MSCI is consulting on...
Strategy Inc. Shields Bitcoin Reserve With $1.4 Billion Cash Buffer
by Logan Pierce
Phong Le, Chief Executive Officer of Strategy Inc., recently confirmed the creation of a $1.4 billion cash reserve fund. This financial maneuver seeks to strengthen...
CME Group unveils Bitcoin volatility index to standardize the institutional market
The Chicago-based financial giant, CME Group, has officially introduced a new suite of benchmarks designed to provide standardized pricing. This move includes the launch of...
Bitcoin loses steam while gold and AI set new all-time records
by Logan Pierce
The cryptocurrency market woke up to a baffling trend this Tuesday, showing a clear disconnect from the rest of global finance. While tech stocks, gold,...
Iren plans to raise $2.3 billion in convertible notes as shares tumble
Bitcoin miner Iren revealed on Tuesday its intention to initiate a significant convertible note issuance aimed at institutional investors. According to the company’s official statement,...
Digital asset treasury boom stalls as flows drop to $1.3B and stocks tumble
by Mason Clarke
Digital asset treasury strategies have cooled sharply as monthly inflows into treasury-focused firms fell to $1.32B, signaling a pause in what had been a rapid...
Strategy Inc. Creates $1.44 Billion Wall and Admits BTC Selling Conditions
Strategy Inc. has officially confirmed the establishment of a strategic USD reserve valued at $1.44 billion to guarantee operations. Michael Saylor, the firm’s chairman, announced...