Tag: finance

semler-scientific-smlr-stock-drops-15-on-75m-debt-sale-earnings-highlights

Semler Scientific (SMLR) Stock Drops 15% on $75M Debt Sale & Earnings Highlights

Semler Scientific Stock Plummets After $75M Debt Sale and Earnings ReportSemler Scientific, a prominent medical-devices maker, experienced a sharp decline in its stock price, plummeting by 15% following the announcement of a $75 million...
news-08112024-153324

Brian Armstrong endorses Hester Peirce for SEC Chair: A Boost for Crypto Regulatory Clarity

Coinbase CEO Brian Armstrong recently expressed his strong support for the appointment of Hester Peirce as the new Securities and Exchange Commissioner (SEC) during President Donald Trump's second term. Armstrong praised Peirce's intelligence, fairness,...
news-18112024-220318

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...
news-19112024-221418

Paxos Acquires Membrane Finance for EU Market Expansion

Stablecoin issuer Paxos has made a move to expand its presence in the European Union by acquiring Membrane Finance, an electronic money institution based in Finland. This acquisition comes after the EU implemented strict...
news-21112024-120847

Decentralized Naming System: ENS Integration with Bitcoin and Worldcoin

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion, and standards.Bitcoin reached a new all-time high amidst the...
bitcoin-price-analysis-how-deleveraging-stalled-ts-surge-past-100k

Bitcoin Price Analysis: How Deleveraging Stalled Its Surge Past $100k

Bitcoin's rally towards reaching $100,000 was abruptly halted by a significant deleveraging event that triggered a sharp correction in the market. The high leverage in derivative trading had fueled Bitcoin's surge to monumental highs,...
news-21112024-181158

Bitcoin Futures Open Interest on CME Hits Record High, BTC Targets $100K

Bitcoin futures open interest on the CME exchange has reached a record high of 218,000 BTC, equivalent to $21.3 billion. This surge in open interest indicates a bullish sentiment in the market, especially with...
news-16112024-035358

Opportunities for Gains: Navigating Altcoin Trading in a Challenging Landscape

Altcoins continue to present opportunities for gains in the midst of a challenging trading landscape, according to a recent report by K33 Research. Despite the increasing number of token launches and stablecoin supply still...
news-19112024-101035

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...
news-15062024-025628

MicroStrategy Increases Convertible Note Offering to $700MMax Characters: 63

MicroStrategy, a leading business intelligence firm, has decided to increase its convertible note offering from the initially planned $500 million to a whopping $700 million. This move comes as the company aims to raise...