The Kurdistan Regional Government (KRG), the official executive body of the semi-autonomous Kurdistan Region in northern Iraq, has ordered the Ministry of Interior to create a special committee to shut down companies operating in the fields of electronic trading and digital currencies. The
Bitfinex analysts warn crypto markets are preparing for increased volatility as bitcoin undergoes its first significant correction since hitting a new all-time high and options markets show signs of overheating. Record Crypto Options Open Interest Coincides with Bitcoin Pullback According to Bitfinex analysts, bitcoin (BTC) dropped nearly 8% from its record peak of
Meta firmly rejected a bold shareholder push to adopt bitcoin as a treasury asset, signaling strong resistance to crypto integration despite mounting institutional interest and rising bitcoin momentum. Meta Rejects Bitcoin Treasury Proposal Amid Strong Shareholder Opposition Meta Platforms Inc. declined a shareholder-backed initiative to explore adding bitcoin to its
Bitcoin is gearing up for a meteoric run, with projections soaring from $250,000 this year to a jaw-dropping $3 million long term, fueled by surging demand and tightening supply. Bitcoin Set for $250K Blastoff—$3M Price Target Is Already in Motion, Says Fundstrat Fundstrat co-founder Tom Lee outlined an optimistic outlook for bitcoin during a CNBC […]
Nasdaq-listed Vivopower is going all-in on XRP with a bold $100 million bet, locking arms with Bitgo to supercharge its transformation. Vivopower Taps Bitgo for Bold XRP Treasury Bitgo and Vivopower International PLC (Nasdaq: VVPR) announced on June 2 a strategic partnership that will support Vivopower’s $100 million XRP acquisition as part of its shift […]
United Arab Emirates’s securities regulator has introduced the finfluencer license to regulate and supervise the promotion of digital financial content in the United Arab Emirates. Redefining Regulators’ Role in Digital Economy The Securities and Commodities Authority (SCA) has launched what it calls the Middle East’s first “Finfluencer” license, a regulatory move designed
Strategy accelerates its unstoppable bitcoin dominance with a bold IPO move, leveraging high-yield STRD stock to fuel record-breaking BTC acquisitions and expand market supremacy. Strategy Pushes Forward With Relentless Bitcoin Growth via STRD IPO Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on June 2 its intention to
In a regulatory filing submitted on Monday, Hong Kong’s Reitar Logtech Holdings Ltd. disclosed that it is negotiating a potential strategic acquisition of up to $1.5 billion worth of bitcoin to diversify its treasury reserves and fund global logistics technology expansion. Reitar Logtech Plans Treasury Diversification The Nasdaq-listed company (RITR) announced it is in
XRP is trading at $2.18 at 5 p.m. Eastern time, with a total market capitalization of $128 billion and a 24-hour trading volume of $1.77 billion. Price action has fluctuated within a tight intraday range of $2.14 to $2.189, signaling cautious optimism amid macro and micro market movements. XRP In the 1-hour chart, XRP is […]
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