MicroStrategy Tumbles 29% in Premarket Amid Crypto Stocks Meltdown Following Bitcoin Losses
Michael Saylor's MicroStrategy led the widespread plunge that saw Coinbase, Marathon Digital, and Riot Platforms in the double-digit dip. Crypto-related stocks sharply declined, with US-based...
Morgan Stanley Allows Wealth Managers to Start Recommending Bitcoin ETFs to Clients
Morgan Stanley, a TradeFi firm, announced adding BlackRock and Fidelity-issued Bitcoin ETFs. The decision was sounded as a big move as the $3.75 trillion consultation...
Crypto.com Overtakes Coinbase in Trading Volume Following the Entry of Institutional Clients
The trading volume of Crypto.com and Coinbase recently surged following the entrance of TradeFi firms and the launch of first-spot Ethereum ETFs. Crypto.com trading volume...
Donald Trump Promises to Establish Strategic BTC in Key Win for Crypto
If elected, GOP presidential candidate Trump reveals big plans for Bitcoin and crypto in the US. Republican candidate for the US November election promises to...
Stablecoin Adoption Threatens Emerging Markets and Developing Economies
FSB report decries the global stablecoins adoption poses financial risks and regulatory difficulties for emerging markets and developing economies. A recent publication by the Financial...
Stablecoin Adoption in Developing Countries Poses Financial Risks
According to the Financial Stability Board report, there are many risks associated with stablecoins in terms of financial and regulatory problems. However, analysts argue that...
SYS Labs CEO to Resign Following Mismanagement Allegations
SYS Labs to undergo leadership changes as the CEO intends to resign amid mismanagement allegations. Syscoin Foundation is set for a leadership shakeup with key...
HSBC Australia Halts Crypto Exchange Payments to Prevent Scams
HSBC Bank of Australia recently issued a directive to block all payment options for crypto exchanges. About 6 banking firms hailing from the region have...
Bernstein Predicts Potential Upside in 12 Bitcoin Mining Stocks
Bitcoin miners with efficient and active power strategies have the potential for valuation re-rating, Bernstein analysts disclose. Bernstein analysts firmly focus on the publicly-traded Bitcoin...
Grayscale Transfers $1 Billion in ETH Before the Launch of Ethereum ETF
SEC approved Grayscale’s Ethereum spot ETF application earlier in July. The firm launched the first spot Ether ETF in the United States on 23rd July....