Category Archive: Cryptocurrency, No picture
MicroStrategy shareholders will vote on proposals to boost stock issuance for Bitcoin strategy
Key Takeaways MicroStrategy shareholders will vote on increasing the authorized common stock to 10.3 billion shares. The vote will consider amendments to the company’s equity incentive plan and procedural changes for board directors. Share this article MicroStrategy shareholders will vote on key proposals to boost authorized shares and revise the equity incentive plan—a strategic move […]
BlackRock, a16z back Elon Musk’s xAI in $6B funding round
Key Takeaways xAI raised $6B in Series C funding with major investors like BlackRock, a16z, and Fidelity. NVIDIA and AMD support xAI’s infrastructure through advanced GPU technology. Share this article Elon Musk’s artificial intelligence company xAI, announced Monday it had raised $6 billion in a Series C funding round, with backing from major investors including […]
MoonPay to acquire Helio Pay for $150 million in its largest deal yet
Key Takeaways MoonPay plans to acquire Helio Pay for $150 million to enhance its payment services. Helio Pay enables crypto payments for merchants, with solutions like Solana Pay integrated into Shopify. Share this article MoonPay is in discussions to acquire crypto payment platform Helio Pay for approximately $150 million, according to Fox Business journalist Eleanor […]
USUAL token jumps 15% as Binance Labs invests in the project
Key Takeaways USUAL token surged 15% after Binance Labs invested in the project. The Usual protocol aims to create decentralized stablecoins backed by real-world assets. Share this article The price of USUAL, the governance token that powers the Usual protocol, soared 15%, moving from $1.05 to $1.21 after Binance Labs disclosed its investment in the […]
Hyperliquid Labs addresses reports of North Korean-linked activity on its protocol
Key Takeaways Hyperliquid Labs denies any exploit or vulnerability linked to DPRK wallet activity, ensuring user funds are secure. HYPE token dropped over 25% from $34 to $25 but rebounded to $27 after Hyperliquid Labs addressed concerns. Share this article Hyperliquid, a leading on-chain perpetual futures exchange, faced scrutiny after allegations emerged of North Korean-linked […]
Bitcoin proxy MicroStrategy debuts on Nasdaq-100
Key Takeaways MicroStrategy has joined the Nasdaq-100 index as part of its annual reconstitution. The inclusion allows index-tracking funds like the Invesco QQQ Trust to gain exposure to MicroStrategy and its Bitcoin holdings. Share this article MicroStrategy (MSTR), along with Palantir Technologies (PLTR) and Axon Enterprise (AXON), is officially part of the Nasdaq-100 index ahead […]
MicroStrategy scoops another 5,262 BTC before joining Nasdaq-100
Key Takeaways MicroStrategy acquired 5,262 Bitcoin worth $561 million before joining the Nasdaq-100 index. The company’s total Bitcoin holdings represent over 2% of Bitcoin’s total supply. Share this article MicroStrategy announced on Monday that it acquired 5,262 Bitcoin valued at $561 million between December 16 and 22, marking its seventh consecutive week of Bitcoin purchases […]
Trump taps crypto advocate Stephen Miran as head of his Council of Economic Advisers
Key Takeaways Stephen Miran, a Bitcoin advocate, has been nominated by Donald Trump as the chair of the Council of Economic Advisers. Miran supports crypto’s role in economic growth and criticizes the current financial regulatory framework as overly burdensome. Share this article President-elect Donald Trump has picked Stephen Miran as his nominee for chair of […]
What is Operation Choke Point 2.0? Trump vows to end it
Key Takeaways Federal regulators have been accused of restricting banking access for crypto firms in what is termed as Operation Choke Point 2.0, despite denials from the Biden administration. Trump has vowed to end the alleged Operation Choke Point 2.0 if elected president. Share this article The discussion surrounding Operation Choke Point 2.0 has heated […]
Rumble secures $775 million investment from Tether
Key Takeaways Rumble secured a $775 million investment from Tether to fuel growth and stockholder liquidity. Tether’s partnership with Rumble sparks speculation on tipping and crypto payment integrations Share this article Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform. As part of the deal, […]
