Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading.…
Author: US_admin_Finance
Rupee’s Six-Day Rally Could Give Indian Crypto Buyers a Hidden Advantage
The Indian rupee strengthened for a sixth consecutive session on Friday, closing at ₹95.35 against the US dollar, up 15…
India Just Injected ₹1.09 Lakh Crore Into States. Could Crypto Benefit?
India’s Union government has released an additional ₹1,09,019 crore ($12.5 billion) in tax devolution to state governments. The early transfer…
Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin
The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of…
Strategy holds STRC dividend at 12%
Holders of Strategy’s (MSTR) high-yielding preferred stock STRC will not see a dividend increase in August. Led by Executive Chairman…
Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline
Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the…
Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital
Friday, July 31, was the final trading day for six Bitwise option-income ETFs. Shareholders still holding shares as of Aug.…
Long-awaited CryptoCurrency Bill Clarity Act is at a Critical Juncture: The White House Will Review It This Weekend
The future of the CLARITY Act, which aims to regulate the cryptocurrency market in the US, may depend on the…
SEC to review Nasdaq bitcoin options approval after CME challenge
The U.S. Securities and Exchange Commission (SEC) has paused Nasdaq’s approval of cash-settled bitcoin index options and will reconsider the…
Moneyflip CEO charged in $40K murder-for-hire plot
Moneyflip CEO Marcos Arturo Kleiman Tronllan faces a federal murder-for-hire charge after allegedly paying undercover agents $40,000 to kidnap and…