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The latest report issued by the IMF on the compliance of El Salvador’s actions with the guidelines established in the $1.4 billion credit facility deal approved in February revealed that Chivo Wallet led the nation to miss the bitcoin non-accumulation quotas. Bitcoin Non-Accumulation Compliance Goals Missed: IMF Fingers Chivo Wallet El Salvador is facing one … Read more
Russia’s largest lender, the state-run Sberbank, revealed Thursday that it plans to launch custody services for Russian crypto holdings, according to Reuters. With this step, Sberbank aims to claim a pivotal position in the country’s shifting digital asset space. Sberbank Responds to Foreign Custody ‘Risk’ in Russia According to a Reuters report, the announcement follows … Read more
Bitcoin has evolved from an experimental reserve asset to a strategic corporate holding, with significant valuation disparities emerging based on management strategy and market perception, according to a Nansen report. Corporate Bitcoin Premiums Expose Valuation Divide: Nansen Research Study Shows Five major firms—Strategy (formerly Microstrategy), MARA (formerly Marathon Digital), Twenty One Capital, Riot Platforms, and … Read more
Bit Origin Ltd has announced plans to launch a $500 million treasury strategy focused on Dogecoin. The firm said it has secured agreements with accredited investors to fund the initiative. CEO Highlights Dogecoin’s Evolving Utility and Community Strength The Nasdaq-listed diversified digital asset company, Bit Origin announced on July 17 plans to launch a $500 … Read more
Bitcoin Standard Treasury Company (BSTR) will become a publicly traded company through a merger with special-purpose acquisition company Cantor Equity Partners I, Inc. (Nasdaq: CEPO), the companies announced on Thursday. Cantor SPAC Deal Values BSTR Bitcoin Treasury at $10/Share The combined company is expected to list on Nasdaq under the ticker symbol “BSTR” in the … Read more
Massachusetts Democratic Sen. Elizabeth Warren sounded the alarm, accusing President Donald Trump of chipping away at the Federal Reserve’s hard-earned independence with his repeated threats to oust Chair Jerome Powell. She also weighed in on the latest crypto bills, warning that Congress is on the verge of “sign[ing] off on very weak regulation.” Warren Says … Read more
According to onchain data, the July 4 whale that shifted a staggering 80,000 BTC has now merged 40,000 BTC into a single address after moving 10,000 BTC just yesterday. Since this consolidation, the funds have remained untouched, sitting quietly in that single wallet. The Bitcoin Whale’s Latest Masterstroke Exactly 163 blocks after moving the 10,000 … Read more
The DEA completed this cryptocurrency seizure and other drug-related actions as part of Operation Take Back America, resulting in the forfeiture of thousands of pounds of fentanyl, cocaine, and methamphetamines. The Sinaloa Cartel has been designated a Foreign Terrorist Organization by the U.S. government. DEA Confiscated $10 Million in Cryptocurrency From the Sinaloa Cartel As … Read more
PAX Technology has partnered with Lunu Pay to enable crypto payments across its global network of 80+ million terminals, letting retailers accept bitcoin, ethereum, and more with instant fiat conversion and zero volatility risk. 80 Million Payment Terminals to Accept BTC, ETH and Other Cryptocurrencies In a major step toward real-world crypto adoption, PAX Technology, … Read more
On Wednesday, shares of the business intelligence and bitcoin treasury firm Strategy climbed to a record $455.90, pushing the company’s market capitalization to a significant $124.64 billion. Strategy’s Stock Hits New High Backed by Massive Bitcoin Treasury Market stats reveal that Strategy’s MSTR shares on Nasdaq hit $455.90 at Wednesday’s close, rising more than 3% … Read more
