Bitcoin or bust: Companies add BTC to treasury for long-term potential

Winston Churchill’s statement to “never let a crisis go to waste” can be applied across many aspects of society, including the recent carnage seen in the crypto market. Last week's volatility is likely to have newer investors and those who took on heavy losses questioning the future of the burgeoning asset class, but in every…

The investment services firm said its new global head of insurance solutions would be spearheading the effort. 1125 Total views 10 Total shares New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin.In an announcement today, the New York…

The new partnership between Universal Music Group and BandLab Technologies focuses on ethical AI usage to protect artist and songwriter rights. Universal Music Group (UMG) announced a new partnership with social music creation platform BandLab Technologies on Oct. 18 to promote responsible practices with artificial intelligence (AI) in the industry. The partnership says its focus is

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision.Historically, over the past nine years, Bitcoin (BTC) has experienced four major corrections, all of which led Bitcoin to decline by more than 80 percent in value. The correction the…

Blockchain records show the hackers got away with more than $2,051,159 in DAI before moving the funds to a different address. 764 Total views 15 Total shares Hackers were reportedly able to exploit savings pools at Gibraltar-based decentralized finance protocol Akropolis, getting away with more than $2 million in stablecoins. The firm stated on Twitter on…

A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels. 190 Total views 3 Total shares The total supply of stablecoins saw its sharpest drop in history during Q2 2022, with stablecoin redemptions spiking as…

Crypto analyst Brian Kelly has predicted that approval of a Bitcoin (BTC) exchange-traded fund (ETF) will “likeliest” and “earliest” come in February 2019, in an interview on CNBC’s Fast Money August 23. Kelly’s forecast comes hot upon the heels of the U.S. Securities and Exchange Commission’s (SEC) rejection of nine BTC derivatives-based ETF proposals from…

Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital LP, is set to begin trading on Canada’s TSX Venture Exchange on August 1, Bloomberg reports July 30. The New-York headquartered firm will reportedly trade on the TSX Venture Exchange through a separate vehicle, Galaxy Digital Holdings Ltd., under the GLXY ticker. For Galaxy’s founder, the former Goldman…

While the news is unofficial at this stage, Twitter’s product lead Kayvon Beykpour hinted that there could be an announcement soon. 1127 Total views 19 Total shares Twitter appears to be developing functionality that enables users to add Bitcoin and Ethereum addresses to their profiles. The latest update is believed to be a part of…