Category Archives: Blockchain

MicroStrategy has successfully completed its offering of 0% convertible senior notes, raising approximately $2.97 billion in net proceeds. The company announced on November 22 that it intends to use these proceeds to purchase additional Bitcoin, further solidifying its position as the largest corporate holder of the cryptocurrency. The offering, which was initially set at $2.6 […]

Polygon Labs has partnered with the stablecoin infrastructure startup WSPN (Worldwide Stablecoin Payment Network), based in Singapore, to expand the use of its stablecoin, WUSD, in payments and decentralized finance (DeFi). This strategic collaboration, announced on November 22, aims to promote the adoption of WUSD across emerging markets, including Hong Kong, Singapore, and Africa. While […]

Bitcoin is approaching the $100,000 mark, currently trading at $99,340.23, which is stirring significant interest in the market. What’s particularly interesting about this rally is the dominance of retail investors. According to The Block, retail investors currently hold 88.07% of all Bitcoin in circulation. This is contrary to recent claims suggesting that institutional investors are […]

XRP has experienced a remarkable surge, rising 24.9% in just 24 hours following the announcement that Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), will be stepping down from his post on January 20, 2025. According to pinetbox.com, XRP is currently trading at $1.38, marking a 24% increase in the past 24 […]

Anixa Biosciences, a cancer-focused biotech firm, has announced plans to incorporate Bitcoin into its treasury strategy to strengthen its financial position and create added value for its shareholders. In a Nov. 22 press release, the San Jose-based biotech company revealed it will allocate a portion of its treasury to Bitcoin, citing the cryptocurrency’s inflation-resistant qualities. […]

The Real-World Asset (RWA) sector has recently experienced a significant surge, with its market capitalization climbing by over 20% in the past week alone. This growth highlights the sector as one of the most robust and rapidly expanding areas within the broader cryptocurrency market. With a current market capitalization of $40.41 billion and a 24-hour […]

Charles Schwab Corp, a $7 trillion asset management giant based in Westlake, Texas, has announced plans to enter the spot cryptocurrency trading market as soon as regulatory conditions become more favorable. Rick Wurster, President of Charles Schwab Corp, stated in a recent interview with Yahoo Finance on November 21, 2023, that the company intends to […]

Officials from the United Kingdom have confirmed that the government is preparing to introduce a new regulatory framework for the cryptocurrency industry, including regulations for stablecoins, by early 2025. The announcement follows a delay in the process due to the recent general elections, which saw Keir Starmer from the Labour Party become Prime Minister. Tulip […]

The U.K. government is set to release draft regulations for the cryptocurrency and stablecoin markets in early 2025, as reported by Bloomberg. Prime Minister Keir Starmer’s administration aims to create a comprehensive regulatory framework for the crypto industry, aligning with global efforts seen in both the European Union and the United States. Tulip Siddiq, Secretary […]

In a strategic move aimed at improving the efficiency of cross-border business transactions, Mastercard has teamed up with J.P. Morgan. The two companies have integrated their platforms—Mastercard’s Multi-Token Network (MTN) and J.P. Morgan’s Kinexys Digital Payments—to provide businesses with a streamlined solution for international payments. This integration allows users to settle transactions seamlessly by utilizing […]