The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has […]
Malta-Based Investment Company to Follow Microstrategy’s Bitcoin Playbook
Samara Asset Group, a Malta-based investment company focused on seeding tech and crypto startups, aims to follow the Microstrategy playbook by announcing a bond whose proceeds will grow its bitcoin portfolio. Co-founded by cryptocurrency proponent Mike Novogratz, the company’s mission is to empower its shareholders “to participate in the performance of their strategies and disruptive […]
Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?
Chinese investors have been left wanting more from the latest stimulus measures announced by authorities. Analysts are attempting to explain the reasons behind China’s lack of deeper action to stimulate its economy and how this might affect the Asian giant’s commercial partners. China’s Weak Stimulus Measures Stifle Markets, Analysts Try to Explain the Reasons Behind […]
4 Arrests, Sanctions Follow Global Operation Against Lockbit Group
Europol and multiple countries have taken a significant step against the notorious Lockbit ransomware group with four key arrests and international sanctions. A collaborative effort between France, the UK, and Spain led to the detainment of critical individuals, including a developer and a hosting administrator. The operation is part of a larger international crackdown known […]
Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in Losses
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $ 242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $ 48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After a series of positive inflows, …