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Alibaba Announces $53 Billion AI and Cloud Computing Push
28.2.2025
Chinese e-commerce giant Alibaba reported that it was ready to invest $53 billion in artificial intelligence (AI) and cloud computing initiatives in the next three years. The commitment is part of a gradual push of the company to these technologies, allowing it to increase its growth. According...
Bitcoin Shakeout: $106M Liquidated in Minutes as Price Dips to $81K
28.2.2025
Bitcoin (BTC) saw a sharp plunge on Feb. 27, 2025, at 8:35 p.m. Eastern Time, dropping from around $84,000 to the $81,084 range in a matter of minutes on Bitstamp. The sudden move startled traders and triggered a wave of stop-loss orders, intensifying the rapid sell-off. Coinglass stats show $106...
Metaplanet Issues $13.6 Million in Zero Percent Bonds to Buy More Bitcoin
27.2.2025
Tokyo-based Metaplanet Inc. has announced the issuance of its 7th series of ordinary bonds to raise $13.6 million (2 billion yen) to fund additional bitcoin purchases. The move, approved on Wednesday, Feb. 27, aligns with the company’s growing bitcoin treasury strategy. This follows...
Ripple Outlines Future Developments to Institutional DeFi on XRP Ledger
27.2.2025
Ripple has announced upcoming features for the XRP Ledger (XRPL) aimed at enhancing institutional decentralized finance (DeFi). Key developments include expanded compliance functions, a new lending protocol that integrates with Ripple Payments and decentralized exchanges, and the introduction...
FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme
27.2.2025
Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic...
Report: German Investment Bank Dekabank Launches Institutional Crypto Services
26.2.2025
Dekabank, a prominent German investment bank, has reportedly launched cryptocurrency trading and custody services for institutional clients after nearly two years of development. This move comes after receiving regulatory approval for a crypto custody license from the Federal Financial Supervisory...
ATM Operator Bitcoin Depot Expands Treasury Holdings With Additional BTC Purchase
26.2.2025
Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator has announced the acquisition of an additional 11.1 BTC as part of its ongoing treasury strategy, initially revealed in June 2024. This latest purchase follows the company’s recent acquisition of 51 bitcoin earlier this month...
Investor Alert: Dubai Regulator VARA Flags Unlicensed MKAN Coin Platform
25.2.2025
The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine....
Tariff Tumble: Bitcoin Falls Below $90K, Amid Trade War Turmoil
25.2.2025
Bitcoin failed to maintain its price in Tuesday’s early hours, falling to nearly $88,600 and losing its $90,000 key support zone as investors ran to more stable assets in the wake of a new trade war. The top cryptocurrency had shown weakness the day before but managed to hover over the $90K...
From Skeptic to Player: Citadel Securities Is Planning to Expand Into Crypto Trading
24.2.2025
Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become...
USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins
24.2.2025
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial...
Milei Meets Musk: A Chainsaw Affair
24.2.2025
Argentine President Javier Milei met the Department of Government Efficiency (DOGE) Head Elon Musk as part of his travel to the U.S. to be part of the Conservative Political Action Conference (CPAC), where he also met President Donald Trump. Milei gave Musk a chainsaw, a symbol of the libertarian...
Crypto Mining Equipment Manufacturer Bgin Blockchain Plans $50 Million IPO
24.2.2025
Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise up to $50 million. The company plans to offer approximately 59.54 million Class A ordinary shares and 15.69 million Class B ordinary shares...
Hong Kong-Listed HK Asia Holdings Increases Its Bitcoin Investment to 8.88 BTC
24.2.2025
HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company’s total Bitcoin holdings to approximately...
Malaysian Prime Minister Discusses Crypto Frameworks During UAE Visit
24.2.2025
Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are deepening economic ties, focusing on cryptocurrency, the Sandbox platform, tourism, connectivity, and manufacturing. Bahrain also pledged support for upcoming Asean-GCC summits. Anwar’s visit, at the invitation...
Fears of Price Hikes Fuel Bulgarian Euro Protests
24.2.2025
Thousands of ultra-nationalist Revival party supporters in Bulgaria clashed with police while attempting to storm an EU mission building in Sofia, protesting the country’s planned euro adoption in 2026. The demonstrators, fearing economic instability and loss of sovereignty, threw projectiles...
Putin Eyes Western Companies’ Comeback as US-Russia Tensions Shift
24.2.2025
As Russia anticipates a possible return of Western corporations, President Vladimir Putin has instructed his cabinet to prioritize domestic firms over foreign businesses seeking to re-enter the market. This move follows economic sanctions imposed after Russia’s 2022 invasion of Ukraine, which...
US Gold Influx: Swiss Exports Surge to Unprecedented Levels
24.2.2025
In January, Swiss gold exports to the U.S. reached a record high of 193 metric tons, driven by fears of potential tariffs. This surge, exceeding the total for 2024, was triggered by a premium on Comex gold futures, creating a profitable opportunity for traders to deliver gold to U.S. warehouses....
Strike Launches Callback Phone Support
22.2.2025
Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the service on Thursday, also calling it “the best support...
Gold Hits Record High Amid Trade War Fears
21.2.2025
Gold prices reached a record high on Feb. 20, driven by fears of a global trade war due to U.S. President Donald Trump’s tariff threats, which increased safe-haven demand for the metal. Spot gold rose to $2,936.38 an ounce, with an earlier peak of $2,954.69, marking its tenth record high this...