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Trump Media to Raise $2.5 Billion to Invest in Bitcoin
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
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Should India Follow the US and Establish a Bitcoin Reserve? Polygon, Avail Co-Founders Talk to Gadgets 360
In an interview with Gadgets 360, Polygon and Avail co-founders Sandeep Nailwal and Anurag Arjun share their thoughts on whether India should establish a Bitcoin reserve like the US. Nimen Shah, a senior chartered accountant and international tax advisor from Mumbai, contributed to the discussion by emphasising India’s turbulent history with cryp...
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Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
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Tether CEO Teases AI-Powered Tools Including Bitcoin Wallet AssistantÂ
Tether CEO  Paolo Ardonio teased the arrival of the AI Bitcoin wallet assistant in a 48-second-long clip shared on X. The demonstration of the 'Tether Payment Agent’ showed a user fetching their Bitcoin wallet address by simply typing out the requirement.  Â
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MicroStrategy Secures Nasdaq-100 Inclusion After Bitcoin-Fuelled Stock Surge
MicroStrategy, an aggressive investor in the world's largest crypto asset, has seen its shares soar more than six-fold this year, taking its market value to almost $94 billion (roughly Rs. 7,97,387 crore).
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Crypto Trading Volumes on Centralised Exchanges Reportedly Falling Due to Market Volatility
June saw a monthly decline of 21.8 percent in trading volumes of digital assets. Several macro-economic factors, including the recent slump in Bitcoin’s price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.
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Businessman Raj Kundra's Cryptic Post After Assets Worth Crores Seized
Businessman Raj Kundra shared a cryptic post about staying calm late last night after the Enforcement Directorate (ED) seized his assets worth Rs 97.79 crore in a probe linked to a Bitcoin ponzi scam.
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Bitcoin Surges Past $68,000, Approaching All-Time High
Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value.
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Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
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US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate
US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the U.S. securities regulator on Wednesday.
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Coinbase Secures US Cryptocurrency Futures Trading Approval: All Details
Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...
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Coinbase Shares Rise 13 Percent After Cboe Mentions Crypto Exchange in Bitcoin ETF Application
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13 percent on Monday after exchange operator Cboe said it was working with the crypto company in its effort to launch a spot bitcoin exchange-traded fund.
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Dubai Set to Host World’s First ‘Bitcoin Tower’, Developer Shares Intricate Details
As a tribute to Bitcoin from Dubai, Salvatore Leggiero, the real estate developer, has begun work on creating the world’s first Bitcoin Tower. The 40-storey hotel property will keep blockchain-based technologies like crypto and NFTs at the centre of its day-to-day operations.
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Crypto Lender Silvergate's Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout
Shares of cryptocurrency lender Silvergate Capital slumped 20 percent in premarket trading on Thursday, after the firm warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
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BlockFi Files for Bankruptcy in the US, Cites Exposure to FTX Amid Crypto Meltdown
BlockFi on Monday filed for Chapter 11 bankruptcy protection in the US, as the crypto lender said it was exposed to FTX's collapse earlier this month. The lender also sued a holding company for former FTX CEO Sam Bankman-Fried, seeking to recover shares in Robinhood. Debtors do not face the myriad issues apparently facing FTX, despite exposure to t...
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Trump Media to Raise $2.5 Billion to Invest in Bitcoin
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
-
Should India Follow the US and Establish a Bitcoin Reserve? Polygon, Avail Co-Founders Talk to Gadgets 360
In an interview with Gadgets 360, Polygon and Avail co-founders Sandeep Nailwal and Anurag Arjun share their thoughts on whether India should establish a Bitcoin reserve like the US. Nimen Shah, a senior chartered accountant and international tax advisor from Mumbai, contributed to the discussion by emphasising India’s turbulent history with cryp...
-
Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
-
Tether CEO Teases AI-Powered Tools Including Bitcoin Wallet AssistantÂ
Tether CEO  Paolo Ardonio teased the arrival of the AI Bitcoin wallet assistant in a 48-second-long clip shared on X. The demonstration of the 'Tether Payment Agent’ showed a user fetching their Bitcoin wallet address by simply typing out the requirement.  Â
-
MicroStrategy Secures Nasdaq-100 Inclusion After Bitcoin-Fuelled Stock Surge
MicroStrategy, an aggressive investor in the world's largest crypto asset, has seen its shares soar more than six-fold this year, taking its market value to almost $94 billion (roughly Rs. 7,97,387 crore).
-
Crypto Trading Volumes on Centralised Exchanges Reportedly Falling Due to Market Volatility
June saw a monthly decline of 21.8 percent in trading volumes of digital assets. Several macro-economic factors, including the recent slump in Bitcoin’s price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.
-
Businessman Raj Kundra's Cryptic Post After Assets Worth Crores Seized
Businessman Raj Kundra shared a cryptic post about staying calm late last night after the Enforcement Directorate (ED) seized his assets worth Rs 97.79 crore in a probe linked to a Bitcoin ponzi scam.
-
Bitcoin Surges Past $68,000, Approaching All-Time High
Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value.
-
Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
-
US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate
US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the U.S. securities regulator on Wednesday.
-
Coinbase Secures US Cryptocurrency Futures Trading Approval: All Details
Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...
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Coinbase Shares Rise 13 Percent After Cboe Mentions Crypto Exchange in Bitcoin ETF Application
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13 percent on Monday after exchange operator Cboe said it was working with the crypto company in its effort to launch a spot bitcoin exchange-traded fund.
-
Dubai Set to Host World’s First ‘Bitcoin Tower’, Developer Shares Intricate Details
As a tribute to Bitcoin from Dubai, Salvatore Leggiero, the real estate developer, has begun work on creating the world’s first Bitcoin Tower. The 40-storey hotel property will keep blockchain-based technologies like crypto and NFTs at the centre of its day-to-day operations.
-
Crypto Lender Silvergate's Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout
Shares of cryptocurrency lender Silvergate Capital slumped 20 percent in premarket trading on Thursday, after the firm warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
-
BlockFi Files for Bankruptcy in the US, Cites Exposure to FTX Amid Crypto Meltdown
BlockFi on Monday filed for Chapter 11 bankruptcy protection in the US, as the crypto lender said it was exposed to FTX's collapse earlier this month. The lender also sued a holding company for former FTX CEO Sam Bankman-Fried, seeking to recover shares in Robinhood. Debtors do not face the myriad issues apparently facing FTX, despite exposure to t...
