Strategy’s perpetual preferred stocks, backed by Bitcoin, saw over $200 million in trading volume last week, highlighting the growing popularity of Bitcoin-backed financial instruments. This surge in activity occurs against the backdrop of a broader trend where BTC-backed credit solutions are increasingly embraced by institutional investors looking to integrate tokenized assets into traditional finance for yield generation.
Tether, the crypto firm known for its USDT stablecoin, has amassed a gold reserve totaling $23 billion, positioning it among the top 30 global gold holders and surpassing several nations, according to a report by […]
Bitdeer Technologies announced plans to raise $300 million through a private placement of convertible senior notes due 2032 to fund its expansion into high-performance computing and AI infrastructure, which marks a significant pivot from its […]
The Federal Deposit Insurance Corporation (FDIC) has settled a lawsuit with Coinbase by agreeing to pay $188,440 in legal fees and adjust its Freedom of Information Act (FOIA) policies regarding crypto-related “pause letters.” This resolution […]