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Bitcoin Whale Goes Bigger: Strategy’s Treasury Balloons to 538,200 BTC

Bitcoin Whale Goes Bigger: Strategy’s Treasury Balloons to 538,200 BTC

Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has revealed the company’s latest bitcoin coup: a strategic acquisition of 6,556 BTC for $555.8 million. The purchase translates to a crisp $84,785 per coin, further cementing the firm’s position as a titan in corporate crypto holdings. On Monday, Saylor highlighted an impressive milestone—the business intelligence (BI) […]

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Gold Rises in Post-Easter Rush, Blasts Past ,400 Mark

Gold Rises in Post-Easter Rush, Blasts Past $3,400 Mark

Gold prices reached another all-time high during early Monday hours, blasting past the $3,400 per troy ounce mark. Gold futures contracts reached prices of $3,405,94 on COMEX, surpassing the record numbers achieved on April 17. The precious metal has been in a rush this year, scoring an intraday rise of $71 (+2.15%) and setting itself

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Metaplanet Announces Additional 330 Bitcoin Purchase as Part of Treasury Operations

Metaplanet Announces Additional 330 Bitcoin Purchase as Part of Treasury Operations

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company in Japan, has announced the acquisition of an additional 330 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 12,181,570 yen per bitcoin, totaling approximately 4.020 billion yen. With this

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Kraken Launches FX Perpetual Futures With 20x Leverage on EUR, GBP Pairs

Kraken Launches FX Perpetual Futures With 20x Leverage on EUR, GBP Pairs

Crypto exchange Kraken has launched FX perpetual futures (FX perps) on its Kraken Pro platform, introducing real-time trading for EUR/USD and GBP/USD pairs with up to 20x leverage. These instruments, pegged to Dxfeed’s Composite Forex Index, offer continuous trading without expiration and function like traditional crypto perpetuals but are tailored for forex. Kraken aims to

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China Increased US Treasury Investments as Trade War Escalated

China Increased US Treasury Investments as Trade War Escalated

Chinese purchases of U.S. Treasuries rose in February, when the Trump Administration enacted a 10% tariff on any imports coming from the Asian country. According to the Treasury International Capital (TIC) reporting system, China increased its U.S. debt holdings to $784.3 billion, up from $760.8 billion. Japan, another country heavily affected by these tariff measures,

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Grocery Giant SPAR Dips Toe Into Crypto Payments

Grocery Giant SPAR Dips Toe Into Crypto Payments

SPAR, a global grocery retailer with a significant presence including over 13,900 stores across 48 countries in Europe, Asia, Africa, and Australia, is reportedly testing cryptocurrency payments in Switzerland. A post on Linkedin indicated that a SPAR store in Zug, Switzerland, is accepting bitcoin payments via the Lightning Network. This trial marks one of the

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HTX Integrates Fireblocks Off-Exchange to Secure Institutional Trading

HTX Integrates Fireblocks Off-Exchange to Secure Institutional Trading

HTX has integrated and launched Fireblocks Off-Exchange, a solution aimed at institutional trading. This integration enhances the platform’s security infrastructure and streamlines operations within a compliant framework. Fireblocks Off-Exchange enables institutions to securely trade digital assets by maintaining funds in self-custodied, off-exchange collateral accounts, which reduces counterparty risk while allowing for rapid, low-cost settlement. Since

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Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman

Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman

Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump’s tariffs policy shake-up not only threatens the dollar’s status as a safe

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Mike Novogratz’s Galaxy Ventures Fund Surpasses 0 Million Goal

Mike Novogratz’s Galaxy Ventures Fund Surpasses $150 Million Goal

Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of $150 million, with expectations to close between $175 million and $180 million by the end of June, according to a Bloomberg report. The fund, which focuses on early-stage startups with an emphasis on payments and stablecoins, is closing at a time

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Russia Eyes Own Stablecoins After USDT Blockage

Russia Eyes Own Stablecoins After USDT Blockage

A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers between cryptocurrencies and cash, especially as Western sanctions have complicated international payments for Russian

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