Saylor outlines Bitcoin's global finance role
Strategy Executive Chairman Michael Saylor said Bitcoin (CRYPTO:BTC) could become the foundation for global money, credit and capital markets, extending its role beyond payments.
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Strategy Executive Chairman Michael Saylor said Bitcoin (CRYPTO:BTC) could become the foundation for global money, credit and capital markets, extending its role beyond payments.
Parash Jain, Global Head of Transport and Logistics at HSBC, says shipping companies remain in "wait-and-see" mode as the Strait of Hormuz edges closer to reopening under a US Iran agreement. He notes the next 40 50 days will be critical in determining whether more vessels can pass through, as de-mining operations are still underway. He does not expect significant movement in the short term. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".
Blockchain analysis indicates that Satoshi Nakamoto, the creator of Bitcoin (CRYPTO:BTC), controls approximately 1.1 million BTC worth nearly US$73 billion.
IREN has completed the acquisition of Spanish data centre developer Nostrum Group, adding approximately 490 megawatts of secured grid-connected power capacity.
Forward Industries said three acquisition attempts involving Solana-focused treasury companies failed after two firms rejected proposals and a third did not respond before an offer expired.
VanEck said Bitcoin (CRYPTO:BTC) mining companies expanding into artificial intelligence infrastructure face a combined near-term funding gap of roughly US$50 billion and long-term capital requirements of about US$221 billion.
Elon Musk's net worth briefly climbed to nearly US$1.4 trillion after SpaceX shares reached an intraday high of about US$225.84.
Ripple has acquired an equity stake in Flutterwave, a fintech company operating in 35 African countries.
Coinbase has expanded its stock and ETF trading services by allowing US customers to transfer existing investment portfolios from other brokerages onto its platform.
Defend American Jobs, a cryptocurrency industry-backed political action committee affiliated with Fairshake, reported spending more than US$12.1 million.
State Street has launched a Rule 2a-7 government money market fund designed to hold reserve assets for stablecoin issuers under the GENIUS Act framework.
Robinhood said it will eliminate about 290 jobs, or roughly 10% of its full-time workforce, while recording approximately US$28 million in restructuring-related costs.
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