The Smarter Web Company ($SWC), a British Bitcoin treasury firm, is raising $261,700 through a retail fundraising mechanism designed to enhance its crypto treasury growth. Currently, the company holds 2,689 BTC, as UK public companies increasingly incorporate Bitcoin into their treasury reserves in response to favorable regulatory changes.
Sixty percent of top U.S. banks are now building Bitcoin products, reflecting a significant shift in institutional adoption of cryptocurrency. This trend is further echoed by the fact that 90% of Barron’s top 50 registered […]
Backpack Exchange, a centralized crypto trading company founded by former leaders of FTX and Alameda, is currently negotiating terms for new financing at a $1 billion pre-money valuation, according to sources. This fundraising effort, initially […]
Bitcoin has experienced a significant downturn, losing nearly $2,000 in value, reflecting the ongoing volatility in the cryptocurrency market. As the number-one cryptocurrency, Bitcoin’s price fluctuations are often influenced by broader macroeconomic changes and investor […]