Nasdaq-listed healthcare technology company, Semler Scientific, has outlined a bold multi-year plan to significantly expand its Bitcoin holdings. The company aims to hold 10,000 BTC by the end of 2025 as an initial milestone. Building on this, it plans to increase its holdings to 42,000 BTC by the end of 2026. By the close of […]
Tron founder Justin Sun recently met with Bo Hines, the Executive Director of the President’s Council of Advisers on Digital Assets of the White House. The talks between the two centered on the role of the Tron network and blockchain technology in advancing U.S. crypto leadership. Details of The Meet-up Sun shared insights in an […]
BlackRock’s industry-leading USD Institutional Digital Fund (BUIDL) will become accepted as collateral on Crypto.com and Deribit, two of the industry’s largest exchanges. The move marks a “major turning point,” said Michael Sonnenshein, COO at Securitize, as it provides another option for collateral provision, reported Forbes on June 18. BUIDL is BlackRock’s first Ethereum-based tokenized money […]
Around 34,000 Bitcoin options contracts will expire on Friday, June 20, and they have a notional value of roughly $3.3 billion. This event is slightly larger than last week’s options expiry, but the impact on spot markets is likely to be minimal. They have been on the back foot all week, losing $30B since Monday, […]
Tether, the issuer of the world’s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for assisting in a major enforcement operation. The collaboration led to the seizure of approximately $225 million in USDT tied to a global “pig butchering” scam, a large-scale fraud scheme that used sophisticated crypto tactics to deceive […]
A new report by CryptoQuant ranks the transparency of five major crypto exchanges based on their proof-of-reserves (PoR) practices. The analysis revealed that Binance is leading, while other players like Bybit, OKX, Kraken, and Coinbase are trailing. The PoR Rankings The survey evaluated each exchange’s reserve ratio, a metric calculated by dividing the net customer […]
An average of 566 BTC per day is falling into this long-term “ancient supply” bucket, compared to the current daily issuance rate of 450 BTC, reported Fidelity Digital Assets on June 18. This trend marks the first time in Bitcoin’s history that long-term held coins are growing faster than new supply, potentially reinforcing the asset’s […]
Arthur Hayes has questioned the motivations behind recent high-profile moves by crypto investor James Wynn. He suggested that the trader’s actions might be more driven by a desire for engagement rather than making actual earnings. Airdrop Farming Allegations In a clip shared by Laura Shin, host of the Unchained Podcast, Hayes commented on Wynn’s latest […]
Hong Kong-based DDC Enterprise has announced it has entered into three securities purchase agreements that could generate up to $528 million in gross proceeds, excluding placement agent fees and offering expenses. The capital raise features participation from institutional investors, including Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of prominent Bitcoin investors. […]
On June 17, the Thai government approved in principle a tax exemption to promote the country as a Global Digital Asset Hub. Deputy Minister of Finance, Mr. Julapun Amornvivat, announced the measure, labelling it a move to increase investment, stimulate economic activity, and drive long-term growth. “This tax adjustment will enhance the growth of Thailand’s […]