The Norwegian Sovereign Wealth Fund has increased its indirect bitcoin holdings to 11,549 BTC, worth $725 million. The move marks six consecutive years of increased
Tag: Strategy
RedotPay’s US IPO Delayed as It Seeks Regulatory Approvals
The initial public offering (IPO) of stablecoin payment company RedotPay in the United States has been postponed, according to reports. The move comes amid regulatory
MUFG Plans Blockchain Initiative for Faster JGB Settlement
Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) plans to introduce blockchain technology to expedite Japanese government bond transactions, mirroring recent efforts by other financial
OranjeBTC Preparing to List Monthly Income ETF Focused on Brazilian Preferred Stock
Brazilian cryptocurrency firm OranjeBTC is preparing to list a monthly income exchange-traded fund (ETF) that will invest heavily in preferred stock of two U.S.-based companies,
Crypto Market Maker Wintermute Plans $1 Billion Investment
Wintermute, a cryptocurrency market maker based in London, has announced plans to invest approximately $1 billion over five years into high-frequency trading and artificial intelligence
Fidelity Investments plans to add staking to its Fidelity Ethereum Fund (FETH), in response to competition from other US issuers offering staking.
Fidelity Investments plans to add staking to it’s Spot Ethereum ETF (Fidelity Ethereum Fund – FETH) as part of their response to growing concerns surrounding
Metaplanet Shifts Bitcoin Across Wallets in Potential Distribution Attempt
Bitcoin mining and blockchain company Metaplanet shifted approximately $247 million worth of 3,881 Bitcoin across several transactions over three hours on Wednesday, as per data
July U.S. CPI Data Shapes Bitcoin Options Trading
The July consumer price index (CPI) data release, expected to shape market sentiment and financial markets’ reactions, has sparked increased activity in derivative contracts for
Bitcoin Sits Still at $63,600 Amid ETF Inflows and Corporate Selling
BTC $ 63,600 barely moved on Tuesday, staying trapped in the $62,000-$66,000 range for five weeks. Exchange-traded funds continued to flow into Bitcoin, but sales
Bitcoin Slips Below $65K as Inflation Data Near
Bitcoin slipped below the key psychological level of $65,000 on Tuesday, down more than 1%, amid concerns over a potential inflation report. Ether (ETH) also
