Strategy bought 22,337 Bitcoin for $1.57 billion last week, lifting total holdings to 761,068 BTC as it funds purchases through record sales of its STRC preferred stock. Read More at https://cointelegraph.com/news/strategy-1-6-billion-bitcoin-buy-holdings-top-761k-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
South Korea’s Hana Financial partners with Standard Chartered on digital assets
Hana Financial Group will collaborate with Standard Chartered on digital assets following its stablecoin partnership with USDC issuer Circle earlier in March. Read More at https://cointelegraph.com/news/hana-financial-standard-chartered-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto funds add $1B as three-week inflow streak continues
Crypto ETPs recorded $1.06 billion in inflows last week, led by Bitcoin and Ethereum, marking three straight weeks of gains despite ongoing geopolitical stress. Read More at https://cointelegraph.com/news/crypto-etp-1-billion-inflows-three-straight-weeks-gains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin hits $74.4K six-week high as analysts see ‘more upside’ for BTC
Bitcoin’s relief rally pushed its price above the 50-day SMA as analysts say further upside potential is increasing amid rising open interest. Read More at https://cointelegraph.com/news/bitcoin-hits-74-4k-six-week-high-analysts-more-upside-for-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bernstein says Bitcoin rebound reflects more resilient long-term holder base
ETF inflows and continued corporate buying are gradually reshaping Bitcoin’s ownership structure, Bernstein analysts say. Read More at https://cointelegraph.com/news/bitcoin-rebound-bernstein-long-term-holder-base?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$58K BTC price still in play? Five things to know in Bitcoin this week
Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs. Read More at https://cointelegraph.com/news/58k-btc-price-still-in-play-five-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australian Senate committee backs new crypto platform licensing bill
Australia is moving closer to a new licensing regime that would bring crypto exchanges and tokenization platforms into the Australian Financial Services Licence regime. Read More at https://cointelegraph.com/news/australian-senate-committee-backs-new-crypto-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI data center gold rush sparks debate over impact on Bitcoin
Crypto trader Ran Neuner said Bitcoin could be in danger if AI continues to pull miners away from the network, but others disagree. Read More at https://cointelegraph.com/news/bitcoin-miner-pivot-ai-threat-or-opportunity-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC drops case against BitClout founder with prejudice
The US Department of Justice has filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record.” Read More at https://cointelegraph.com/news/nader-al-naji-bitclout-sec-doj-case-dismissal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia warns of AI, ‘finfluencers’ as Gen Z crypto ownership hits 23%
Australia’s securities regulator said two-thirds of Gen Zs are using social media to make decisions about their financial future, leading to “riskier” financial decisions. Read More at https://cointelegraph.com/news/asic-warns-ai-finfluencers-gen-z-crypto-23-percent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound