On January 27, co-founder Michael Saylor revealed that MicroStrategy had acquired 10,107 BTC for $1.1 billion in an effort to bolster its Bitcoin holdings. According to the company’s latest 8-K form, the Virginia-based organization now holds 471,107 Bitcoin amounting to…
U.S. Senator Elizabeth Warren has raised concerns over Cantor Fitzgerald CEO Howard Lutnick’s nomination as Commerce Secretary, citing his firm’s ties to stablecoin issuer Tether. In a letter dated Jan. 27, Warren expressed “serious concern” over Lutnick’s involvement with Tether,…
Updated Jan 28, 2025, 12:21 p.m. UTCPublished Jan 28, 2025, 10:56 a.m. UTC Tom Lee, head of Fundstrat Research, discussed Monday’s market sell-off as an “overreaction”. On CNBC, Lee said that the double-digit drawdown in NVIDIA (NVDA) is the biggest opportunity since…
Jan 28, 2025, 10:47 a.m. UTC Short-term bitcoin (BTC) holders exited the market at a loss Monday as tumbling prices also saw derivative traders throw in the towel, leading to a significant decline in open futures bets on the Chicago Mercantile…
A recent study shows how PolitiFi tokens have transformed from simple meme coins into influential financial assets. Today, they capture market sentiment, track voter behavior and gauge the viability of political candidates. PolitiFi tokens draw inspiration from political figures, ideologies,…
Digital asset manager Bitwise has officially submitted an S-1 registration application to the US Securities and Exchange Commission (SEC) to launch a spot Dogecoin exchange-traded fund (ETF). If approved, the fund would expose investors to the price of the eight-largest…
Updated Jan 28, 2025, 5:58 a.m. UTCPublished Jan 28, 2025, 5:50 a.m. UTC Former hedge fund manager Jim Cramer called for owning bitcoin (BTC), but not its largest public holder MicroStrategy, in the latest segment of CNBC’s Mad Money on Monday night.…
The digital RUB rollout has made another breakthrough after the Russian government and Central Bank announced the “successful trial” of the CBDC in “budgetary settlements.” Per the Russian newspaper Vedomosti, the Central Bank, the Treasury, and the Ministry of Finance…
Updated Jan 28, 2025, 5:25 a.m. UTCPublished Jan 28, 2025, 4:56 a.m. UTC Brad Garlinghouse, CEO of crypto company Ripple Labs, supports the idea of a U.S. digital asset reserve encompassing multiple tokens and not just bitcoin (BTC) or XRP. “I own…
South Korean prosecutors will formalize the launch of a special unit devoted to solving crypto crime and punishing coin price manipulators and fraudsters. Per Digital Today, the Seoul Southern District Prosecutors’ Office-run Joint Investigation Unit (JIU) for Virtual Asset Crimes…