In brief Strategy’s Bitcoin bet showed losses on paper for the first time in years. Its shares have fallen 62% over the …
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In a significant move highlighting corporate Bitcoin accumulation strategies, American Bitcoin (ABTC) has strategically expanded its digital asset reserves. The mining company, …
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Mining
Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion
by shayaanby shayaanPhoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group …
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Cardano (ADA) price has defied the wider crypto bearish sentiment in the past three days. While the total crypto market cap slipped …
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Finance
KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure
by shayaanby shayaanStrategy (MSTR), the company formerly known as MicroStrategy, is an appealing investment for equity investors looking for levered bitcoin (BTC) exposure, investment …
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Finance
Real Estate Firm Propy Is Rolling Out Crypto-Backed Loans to Buy Houses
by shayaanby shayaanWhat if you could put up your bitcoin (BTC) or ether (ETH) as collateral to buy a house? That’s essentially the idea …
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Regulation
Crypto Services Firm Admits To Wash-Trading Coin Created by Feds in Undercover Operation
by shayaanby shayaanA United Arab Emirates (UAE) crypto services firm will plead guilty to charges related to a wash trading scheme to lure investors …
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Finance
Saudi Prince’s Investment Firm Shuns Crypto Investments, Citing Lack of Utility: Reuters
by shayaanby shayaanKingdom Holding, the investment firm of Saudi Arabian Prince Alwaleed Bin Talal, won’t invest in cryptocurrency in the near future because it …
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Markets
Memecoin Explosion on Solana Overwhelms Coinbase – Brian Armstrong Says Firm Not Expecting ‘This Level of Surge’
by shayaanby shayaanCoinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana …
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Scams
UAE Crypto Firm Admits to Wash Trading on Uniswap Following FBI Sting Operation
by shayaanby shayaanA UAE-based self-styled crypto market maker has admitted to orchestrating an elaborate wash trading scheme that fooled U.S. investors by generating millions …