Federal Reserve Chair Jerome Powell says the central bank is “not allowed to own Bitcoin,” leaving the decision to Congress. Replying to a reporter’s question during the press conference following the FOMC decision, Powell said that the Fed has little…
Bitcoin mining giant Riot Platforms might be sitting on a goldmine—one it hasn’t fully tapped into yet. Starboard, one of the most aggressive activist investors in the US stock market, has taken a massive position in the company, and according…
Michael Saylor, co-founder and chairman of MicroStrategy Inc., has outlined plans to enhance “intelligent leverage” for the company’s shareholders. The Virginia-based firm, which has transformed from a software maker to a leveraged Bitcoin investment vehicle, continues to draw significant attention…
Sol Strategies (CSE: HODL) (OTC Pink: CYFRF), a publicly traded Canadian company actively investing in, supporting, and providing infrastructure for the Solana blockchain and ecosystem, is acquiring three Solana validators from Orangefin Ventures, a leader in high-performance blockchain infrastructure solutions.…
On Sunday, Dec. 22, 2024, bitcoin’s price dropped under the $96,000 mark, hitting a low of $95,135 per unit. This dip comes after bitcoin soared past the $100,000 milestone earlier this month, marking an impressive run for the cryptocurrency. Traders…
Tai Mo Shan, a subsidiary of Jump Crypto, has agreed to pay $123 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC) over allegations it misled investors about the stability of TerraUSD (UST), an algorithmic stablecoin…