Announcement
Tether to Launch UAE Dirham-Pegged Stablecoin
Tether to Launch UAE Dirham-Pegged Stablecoin

Tether has announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). The development of this stablecoin will involve a partnership with Phoenix Group PLC, a technology company based in the UAE, and will also be supported by Green Acorn Investments Ltd. The Dirham-pegged

Business  •  News  •  Aug 21, 2024
Marathon Digital Holdings Acquires $249 Million in Bitcoin
Marathon Digital Holdings Acquires $249 Million in Bitcoin

Marathon Digital Holdings, a leading publicly traded Bitcoin mining company, recently expanded its Bitcoin holdings with a $249 million purchase, bringing the total to over 25,000 Bitcoin, valued at approximately $1.5 billion. On August 12th, the company announced a $250 million convertible note offering, which was increased to

Bitcoin  •  Business  •  Aug 15, 2024
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs

Goldman Sachs disclosed $418 million in spot Bitcoin ETF holdings, reflecting a rising institutional interest in Bitcoin.  In their recent quarterly filing, the investment bank detailed its holdings across seven different U.S. Bitcoin ETFs, with the largest being nearly $240 million in BlackRock's iShares Bitcoin Trust (IBIT)

Bitcoin  •  Business  •  Aug 14, 2024
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network

On August 9th, 2024, Celsius Network Limited, through the Blockchain Recovery Investment Consortium, LLC, filed a lawsuit against Tether Limited and certain affiliated entities in the United States Bankruptcy Court for the Southern District of New York.  Tether Will Defend Itself Against “Shake Down” Litigation Commenced by Celsius Learn more:

Bitcoin  •  Business  •  Aug 10, 2024
Spot Bitcoin ETFs Record Highest Inflows in the Last Two Weeks
Spot Bitcoin ETFs Record Highest Inflows in the Last Two Weeks

Bitcoin spot ETFs experienced their largest inflows in over two weeks on August 8th, 2024, totaling $192.5 million. This followed a decline in Bitcoin's price below $50,000 earlier in the week, which occurred amid a broader global market downturn. These inflows contributed to Bitcoin's

Bitcoin  •  Business  •  Aug 09, 2024
Tether to Launch UAE Dirham-Pegged Stablecoin
Tether to Launch UAE Dirham-Pegged Stablecoin

Tether has announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). The development of this stablecoin will involve a partnership with Phoenix Group PLC, a technology company based in the UAE, and will also be supported by Green Acorn Investments Ltd. The Dirham-pegged

Business  •  News  •  Aug 21, 2024
Featured Articles 4 Articles
Business View All
Strategy Adds $357 Million in Bitcoin Amid Market Dip
Strategy Adds $357 Million in Bitcoin Amid Market Dip

Strategy (Nasdaq: MSTR) bought 3,081 Bitcoin for $357 million, raising its total to 632,457 Bitcoin.

Metaplanet Acquires 103 Bitcoin While Redeeming Portion of Bonds
Metaplanet Acquires 103 Bitcoin While Redeeming Portion of Bonds

Metaplanet Inc. (TSE: 3350) added 103 Bitcoin, raising its total to 18,991 Bitcoin, and redeemed ¥3 billion of its 19th Series Bonds.

KindlyMD Completes First Bitcoin Purchase After Merger With $679 Million Acquisition
KindlyMD Completes First Bitcoin Purchase After Merger With $679 Million Acquisition

KindlyMD bought 5,744 Bitcoin for $679 million in its first post-merger move toward a one million Bitcoin goal.

H100 Group Expands Bitcoin Treasury With 102 Bitcoin Purchase Bringing Total to 911 Bitcoin
H100 Group Expands Bitcoin Treasury With 102 Bitcoin Purchase Bringing Total to 911 Bitcoin

Sweden’s H100 Group added 102 Bitcoin, bringing its holdings to 911 Bitcoin with support from Blockstream CEO Adam Back.

Politics View All
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin

The Philippines is weighing a bill to create a 10,000 Bitcoin reserve held in a trust for 20 years.

Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor
Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor

Tether has named former White House Crypto Council head Bo Hines as Strategic Advisor for its U.S. digital assets strategy.

Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano
Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano

Over 1,100 people have signed a petition urging Lugano to restore and protect its vandalized Satoshi Nakamoto statue.

Trump Signs Executive Order Allowing Bitcoin in 401(k) Plans
Trump Signs Executive Order Allowing Bitcoin in 401(k) Plans

Trump signed an executive order to allow Bitcoin and other alternative assets in 401(k) plans by revising retirement investment rules.

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