Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
KULR Technology Group has strengthened its Bitcoin treasury strategy with the acquisition of an additional 100 BTC for approximately $10.4 million. The purchase, made at an average price of $103,905 per Bitcoin, was disclosed in an 8-K filing with the Securities and Exchange Commission on Tuesday. With this
Finance
Crypto Liquidity Explained: Why It Matters and How It Works Ever tried to buy a rare item, only to find no one selling it, or tried to sell something unique and found no buyers? That's a problem of liquidity – or rather, a lack of it. In the world
Finance
Story Protocol, an a16z-backed Layer 1 network focused on intellectual property (IP) management, has revealed its tokenomics model for its native token. The announcement, made on Friday, comes ahead of the platform’s anticipated mainnet launch, originally scheduled for last year. According to a company statement, the native token will
Finance
The U.S. Securities and Exchange Commission (SEC) is reviewing a proposal that could change how BlackRock's popular spot Bitcoin exchange-traded fund (ETF) operates. The proposal, filed by Nasdaq on behalf of BlackRock, seeks to allow "in-kind" redemptions and creations, a move that could potentially streamline
Finance
MicroStrategy, the business intelligence firm turned Bitcoin-holding powerhouse, has rebranded itself as simply "Strategy," reflecting its singular focus on Bitcoin accumulation. The company is also poised to see a massive $12.75 billion boost to its balance sheet thanks to new accounting rules that allow for the recognition
Finance
Bullish Global, a cryptocurrency exchange operator backed by prominent investors like billionaire Peter Thiel, is considering an initial public offering (IPO) as soon as this year, according to people familiar with the matter. The company, known for its ties to blockchain software firm Block.one, is working with Jefferies Financial
Finance
Semler Scientific, a Nasdaq-listed healthcare technology company, has significantly increased its Bitcoin holdings, purchasing an additional 871 BTC for approximately $88.5 million. This latest acquisition brings the company's total Bitcoin holdings to 3,192 BTC, reflecting a growing trend of corporate adoption of Bitcoin as a treasury
Finance
Coinbase, a leading U.S. cryptocurrency exchange, is escalating its efforts to address what it calls the "debanking" of the crypto industry. In a letter to top banking regulators, Coinbase is demanding clearer guidelines on how banks can engage with crypto firms, arguing that current practices are stifling
Finance
After twelve consecutive weeks of accumulating Bitcoin, business intelligence firm MicroStrategy has paused its buying spree, leaving its total holdings at 471,107 BTC. The company, known for its aggressive Bitcoin investment strategy, made no new Bitcoin purchases between January 27 and February 2, according to a recent SEC filing.
Finance
Swiss banking giant UBS is exploring the potential of blockchain technology to revolutionize digital gold investments for retail investors. In a recent proof-of-concept, UBS leveraged ZKsync's Validium, an Ethereum Layer-2 network, to enhance the scalability, privacy, and interoperability of its fractional gold investment product, UBS Key4 Gold. Modernizing
Finance
Kraken, one of the world's oldest and largest cryptocurrency exchanges, is celebrating a year of remarkable growth, reporting $1.5 billion in revenue for 2024. In a rare move for a privately held crypto exchange, co-CEO Arjun Sethi highlighted the company's focus on sustainable growth, deep
Finance
Bitfarms, a major publicly traded Bitcoin mining company, is looking beyond its core business to explore opportunities in the burgeoning fields of artificial intelligence (AI) and high-performance computing (HPC). This strategic shift reflects a broader trend among Bitcoin miners seeking to diversify their revenue streams and leverage their existing infrastructure