Category: Business
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Saylor Hints at Impending Bitcoin buy From Strategy
[ad_1] Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company, as the price of Bitcoin hovered below the all-time high of over $124,000 reached on Thursday. The company’s most recent Bitcoin acquisition occurred on Monday, when Strategy purchased 155 BTC for $18 million, bringing its total holdings to 628,946 BTC, valued…
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SharpLink Staked Nearly 100% of Its 728,804 ETH Treasury
[ad_1] SharpLink Gaming’s newest quarterly report shows the benefits of its Ethereum treasury strategy, as it raised $2.6 billion to purchase 728,804 ETH. It has staked nearly 100% of these holdings. Still, its pre-pivot business has suffered significantly since Q2 2024, with its net losses increasing by $100 million while revenue almost completely vanished. SharpLink’s…
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Trump-backed American Bitcoin targets acquisitions in Asia to boost Bitcoin reserves
[ad_1] Key Takeaways Trump-backed American Bitcoin is eyeing acquisitions in Japan and Hong Kong to grow its Bitcoin reserves. The company plans to go public via a reverse merger and aims to build the largest and most efficient Bitcoin accumulation platform. Share this article American Bitcoin, a Bitcoin mining entity backed by Eric Trump and…
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Digital Currency Group Sues Subsidiaries Over $1.1B Promissory Note
[ad_1] Venture capital firm Digital Currency Group (DCG), the parent company of many entities tied to cryptocurrency and blockchain, has filed a complaint against two of its subsidiaries over a promissory note to guard against the 2022 default of Three Arrows Capital (3AC). In a Thursday filing in the US Bankruptcy Court for the Southern…
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XRP gains legal clarity in US after Ripple settles SEC case
[ad_1] Settlement confirms XRP is not a security in the US. Analysts see potential for a BlackRock XRP ETF. Bitcoin maximalists renew criticism of XRP. Ripple’s multi-year legal battle with the US Securities and Exchange Commission reached a decisive conclusion this week, triggering a sharp rally in XRP’s price and trading volume. The settlement confirmed…
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Binance Chief Backs US Crypto Regulation Overhaul, Eyes Global Standard
[ad_1] The U.S. is poised to redefine global crypto regulation with a groundbreaking framework enabling clear token standards, innovation pathways, and compliance models tailored to blockchain’s real-world dynamics. Binance Boss Sees US Setting Global Standard With Innovation-Friendly Regulation Binance chief executive Richard Teng outlined his support for U.S. efforts to modernize digital asset oversight on…
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Jack Dorsey’s Block to raise $1.5B in notes offering for corporate growth
[ad_1] Key Takeaways Block plans to issue $1.5 billion through a private senior notes offering to institutional investors. Proceeds will be used for corporate purposes including debt repayment, acquisitions, and capital investments. Share this article Block, Jack Dorsey’s fintech firm, announced on Wednesday its plans to offer $1.5 billion in senior notes through a private…
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XRP and Ripple Shares Anchor Vivopower’s Breakthrough Dual-Asset Strategy
[ad_1] A Nasdaq-listed company is making history with a $100 million bet on Ripple shares and XRP tokens, delivering unprecedented dual crypto-equity exposure for investors. First US-Listed Company to Offer Shareholders Both Ripple Equity and XRP Token Exposure Vivopower International Plc (Nasdaq: VVPR) announced on Aug. 8 that after a two-month due diligence review, it…
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GENIUS Act Stablecoin Ban May Fuel Tokenization Market Growth
[ad_1] The landmark US GENIUS Act could serve as a major catalyst for stablecoin adoption both domestically and abroad. But rather than simply boosting demand for dollar-backed digital currencies, it may unintentionally push capital into the tokenization market as investors seek yield on their holdings. That was one of the key takeaways from a recent…
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Harvard Enters the Crypto Market With BlackRock’s Bitcoin ETF
[ad_1] SEC disclosure documents revealed that Harvard University had invested over $116.6 million in to IBIT, BlackRock’s Bitcoin ETF, in Q2 2025. IBIT was its fifth-largest portfolio investment, surpassing Google’s parent company. This news is quite unexpected, and it’s still unclear when Harvard made this investment. The university has significant shares in a wide range…