Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 28, South Korea’s Bitplanet announced that it will create the country’s first institutional-grade Bitcoin treasury, marking a major step in bringing digital assets into corporate finance. The company secured $40 million… Continue reading Bitplanet Launches Korea’s First Bitcoin Treasury, $40M Purchase in Motion
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 26, Aviva’s report revealed that one in four UK adults would consider cryptocurrency for their retirement portfolio. The research showed that 27% of adults would consider including digital assets to their… Continue reading One in Four UK Adults Would Consider Crypto Pension Investment
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 25, Kraken initiated a meeting with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to advance discussions on tokenizing traditional financial assets. Executives from Kraken Securities LLC, its parent… Continue reading Kraken Engages the SEC Crypto Task Force Over Tokenization
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. During Monday’s trading session, Strategy announced a $356.9 million Bitcoin purchase, acquiring 3,081 BTC at an average price of $115,829 per coin. This latest addition expands the company’s total holdings to 632,457 BTC,… Continue reading Strategy Buys $356.9M in Bitcoin, Expands Holdings to 632,457 BTC and Fuels Crypto Market Momentum
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 24, a Bitcoin Whale completed the sale of 24,000 BTC ($2.7 billion). This was followed by a wave of liquidations. The price of Bitcoin fell about 2.2% within nine minutes to… Continue reading Bitcoin Whale Dumps 24,000 BTC, Sending Prices Plunging
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. US stocks are rallying today after Fed chair Jerome Powell indicated rate cuts during his speech at the annual Jackson Hole Economic Symposium. Powell Indicates Rate Cuts The address, titled “Monetary Policy and… Continue reading Stocks Rally as Jerome Powell Suggests Rate Cuts In Jackson Hole Speech
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 21, the U.S. Commodity Futures Trading Commission (CFTC) launched the second phase of its crypto sprint, shifting its focus to direct engagement with stakeholders. As part of this effort, the agency… Continue reading US CFTC Launches Next Stage of ‘Crypto Sprint,’ Public Consultation Open on Trading Guidelines
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 20, Coinbase CEO Brian Armstrong predicted Bitcoin to hit the $1 million mark by 2030. He joins a growing list of high-profile investors and industry leaders who believe Bitcoin will see… Continue reading Coinbase CEO Brian Armstrong Predicts Bitcoin Could Reach $1 Million by 2030
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 19, Federal Reserve Vice Chair for Supervision Michelle Bowman advocated for relaxing the central bank’s prohibition on staff ownership of cryptocurrencies. She contended that such a policy change would catalyze a… Continue reading Fed Official Advocates for Letting Staff Own Bitcoin
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 18, the US Treasury Department opened a public comment period regarding the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The law, signed by President Donald… Continue reading US Treasury Requests Public Input on GENIUS Act Stablecoin Bill
