Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered’s head of digital asset research, Geoff Kendrick, declared Friday that the crypto market has seen its cycle low, with Bitcoin’s recent dip to approximately $59,000 marking the bottom of the latest downturn — a 53% drawdown from its October […]
Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks, the New York-based crypto data and investor relations platform, has acquired rival Messari in a deal that underscores the growing consolidation pressure reshaping the digital asset industry — and the steep valuation resets facing once high-flying crypto startups. The acquisition brings together […]
SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC
Bitcoin Magazine SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC Elon Musk’s SpaceX launched trading on the Nasdaq today under the ticker SPCX — and it didn’t arrive empty-handed. The company officially entered the public Bitcoin treasury leaderboard as the 8th largest holder with 18,712 BTC, a position that had […]
Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction
Bitcoin Magazine Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction One of Sam Bankman-Fried’s last credible paths to freedom closed Friday as a federal appeals court upheld his fraud conviction and 25-year prison sentence, ruling that the case against him was, in the court’s own words, “conservatively stated, robust.” A three-judge panel of the […]
Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount
Bitcoin Magazine Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount I’ve been vocal about accumulating Bitcoin aggressively at current levels. Now I’m starting to look seriously at Strategy too. The same kind of confluence that flagged Bitcoin as a sizeable accumulation opportunity is appearing on MSTR, and in some cases, the readings are even […]
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s largest corporate Bitcoin holder, has entered into an agreement to acquire 100% of Siiibo Securities Co., Ltd. in a deal valued at approximately 2.1 billion yen, or roughly $13.1 million, the Tokyo-listed company announced on Friday, June 12. The […]