Tag: finance
Kraken Launches MiCA-Compliant Euro & Dollar Stablecoins
Stablecoins are becoming more popular, and a Netherlands-based fintech firm, Quantoz, is looking to make its mark on the European market. The company has announced the launch of regulatory-compliant stablecoins pegged to the euro...
MicroStrategy Acquires 51,780 Bitcoin for $4.6B in Major Investment Move
MicroStrategy, a company focused on Bitcoin development, recently made a significant investment move by acquiring 51,780 Bitcoin for $4.6 billion within a six-day period. This purchase adds to the company's existing Bitcoin stack, bringing...
Bitcoin Price Prediction: Traders Believe $100K Target Achievable, But Potential Blow-Off Top Warning Ahead
Bitcoin has been making headlines recently as traders and investors are eyeing a potential price surge to $100,000. This optimism has been fueled by anticipated changes in U.S. regulations and increased institutional adoption of...
Bitcoin Surpasses Silver in Market Cap, Solidifying Its Status as a Mainstream Financial Asset
Bitcoin has made a significant milestone by surpassing the market cap of silver, solidifying its status as a mainstream financial asset. The latest "Bitfinex Alpha" report revealed that Bitcoin reached a new all-time high...
Binance Introduces BFUSD Stablecoin with 20% APY Yield
Binance recently announced the launch of a new yield-bearing stablecoin called BFUSD, offering users an annual percentage yield (APY) of approximately 19.55%. This allows traders to earn daily rewards by holding BFUSD in their...
Heather ‘Razzlekhan’ Morgan Sentenced to 18 Months for Bitfinex Hack
Heather "Razzlekhan" Morgan, who was involved in laundering the proceeds of the 2016 Bitfinex hack carried out by her husband Ilya "Dutch" Lichtenstein, has been sentenced to 18 months in prison. This incident resulted...
XLM Price Skyrockets 73.2% in CoinDesk 20 Performance Update
XLM Price Soars by 73.2% in CoinDesk 20 Performance UpdateIn recent news, the price of XLM has experienced a significant surge of 73.2% in the CoinDesk 20 performance update. This surge has caught the...
Trading Strategies: Polymarket Trader Loses Millions on Tyson, Profits on Trump
This week in prediction markets, a Polymarket trader named "zxgngl" experienced both highs and lows. Initially, he pocketed $11.4 million by correctly betting on Donald Trump winning the presidency, but later lost $3.4 million...
MBRL Stablecoin: Mercado Bitcoin Launches Brazilian Real Pegged Token on TRON Blockchain
Mercado Bitcoin, the largest digital asset platform in Latin America, has introduced the MBRL stablecoin on the TRON blockchain. This stablecoin is pegged to the Brazilian Real, offering a unique combination of the stability...
Tether Partners with Dutch Firm to Launch MiCA-Compliant Stablecoins
Tether has recently made an investment in a Dutch fintech company called Quantoz to launch two new stablecoins, EURQ and USDQ. These stablecoins will be compliant with the EU's Markets in Crypto-Assets Regulation (MiCA)...