Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion

Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH Gains Momentum as Hermetica Raises $1.7 Million in Seed Funding According … Read more

Bitcoin Surges Amidst Volatility: Key Insights And Emerging Trends

Bitcoin kicked off the week with a significant jump, rising 6.9% within just 8 hours. The surge was partly fueled by short liquidations and the influx of Tether and stablecoins moving onto exchanges, which spurred a buying frenzy. 📈 Bitcoin enjoyed a much needed boost to start the week, jumping +6.9% in an 8-hour span. … Read more

Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA

The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA Holdings, the largest Bitcoin mining company by market cap, strategically accumulates BTC, outperforming … Read more

From Bitcoin to Tether: How Trump’s Campaign Quietly Raked in Millions in Crypto

Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC), … Read more

Elizabeth Warren’s Anti-Crypto Stance Takes Center Stage in Senate Debate With John Deaton

In a heated debate for the Massachusetts Senate seat, Elizabeth Warren and John Deaton clashed on the future of cryptocurrency, focusing on bitcoin’s role in banking and its regulation. The conversation highlighted stark contrasts in their views on financial stability and consumer protection. Warren vs. Deaton: Senate Candidates Clash Over Views on Crypto John Deaton, … Read more