Bitget Reports Robust Growth in February 2024 Amidst Crypto Market Recovery

Cryptocurrency exchange Bitget has issued a report for February 2024, showcasing a period of significant growth that mirrors the broader recovery in the digital asset markets. The report indicates an uptrend in trading volumes and user activity, aligning with the increased market confidence observed since the start of the year. The resurgence of crypto markets … Continue reading Bitget Reports Robust Growth in February 2024 Amidst Crypto Market Recovery

Breaking: MicroStrategy Completes $800M in Convertible Notes to Fund Bitcoin Strategy

MicroStrategy Incorporated, a leader in enterprise analytics and mobility software, has announced the successful completion of its $800 million offering of 0.625% convertible senior notes due in 2030. This strategic financial move underscores the company’s deepening commitment to Bitcoin as a primary treasury reserve asset and reflects its confidence in the long-term value of this … Continue reading Breaking: MicroStrategy Completes $800M in Convertible Notes to Fund Bitcoin Strategy

MicroStrategy Boosts Bitcoin Holdings to 205,000 BTC with Latest $821.7M Purchase

MicroStrategy, the business intelligence firm led by Bitcoin bull Michael Saylor, has further solidified its position as one of the largest corporate holders of Bitcoin. The company announced that it has acquired an additional 12,000 BTC between February 26 and March 10, 2024, at an average price of $68,477 per bitcoin, inclusive of fees and … Continue reading MicroStrategy Boosts Bitcoin Holdings to 205,000 BTC with Latest $821.7M Purchase

CoinShares Acquires Valkyrie ETF Business, Expanding U.S. Footprint

CoinShares, a leading European investment firm specializing in digital assets, has announced the completion of its strategic acquisition of Valkyrie Funds LLC, an investment advisory business of Valkyrie Investments Inc., and the Sponsor rights to the Valkyrie Bitcoin Fund, a physically-backed Bitcoin ETF. This acquisition is a significant leap in CoinShares’ U.S. expansion strategy, increasing … Continue reading CoinShares Acquires Valkyrie ETF Business, Expanding U.S. Footprint

Yotta Data Services Boosts Indian AI Capabilities with Nvidia Chip Acquisition

Yotta Data Services, based in Mumbai, has announced the acquisition of state-of-the-art AI chips from Nvidia. This strategic procurement signals a significant leap forward for the country’s ambitions in the global AI race, providing an impetus for innovation and enhancing the competitive edge of Indian enterprises. The deployment of Nvidia’s cutting-edge AI chips by Yotta … Continue reading Yotta Data Services Boosts Indian AI Capabilities with Nvidia Chip Acquisition

Honduran Withdrawal from ICSID Backed by Economists Amidst Crypto Firm Dispute

A group of 85 economists has openly supported the Honduran government’s decision to withdraw from the International Centre for Settlement of Investment Disputes (ICSID), an arbitration body of the World Bank. This backing comes against the backdrop of a contentious battle with Próspera Inc., a firm specialized in creating cryptocurrency-powered islands, which has lodged a … Continue reading Honduran Withdrawal from ICSID Backed by Economists Amidst Crypto Firm Dispute

Dubai Prince's Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy

The Hong Kong-based news outlet, HK01, reported that Sheikh Ali Rashed Ali Saeed Al Maktoum, commonly referred to as “Prince Ali,” had plans to establish a family office in Hong Kong. However, the launch of the office has been delayed after it was revealed that the prince’s involvement in cryptocurrencies had drawn the attention of … Continue reading Dubai Prince's Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy

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