MicroStrategy Acquires $2.03 Billion in Bitcoin, Raising Holdings to $23 Billion
MicroStrategy Acquires $2.03 Billion in Bitcoin, Raising Holdings to $23 Billion. MicroStrategy Inc. has significantly expanded its Bitcoin holdings by acquiring approximately 27,200 BTC for $2.03 billion. This purchase, executed between October 31 and November 10, is part of the company’s ongoing strategy to incorporate cryptocurrency into its corporate assets. The acquisition, funded by proceeds […]
Bitcoin Surpasses $80,000 Amid Trump’s Victory and Pro-Crypto Agenda
Bitcoin Surpasses $80,000 Amid Donald Trump’s Victory and Pro-Crypto Agenda. The price of Bitcoin has hit a record high, surpassing $80,000 (£62,000) for the first time, following Donald Trump’s significant victory in the recent U.S. presidential election. This milestone comes as Republicans edge closer to securing full control of Congress, having already clinched the presidency […]
CoinShares Appoints Lisa Avellini as New Group General Counsel
CoinShares Appoints Lisa Avellini as New Group General Counsel. CoinShares, a leading cryptocurrency asset management firm, has announced the appointment of Lisa Avellini as its new Group General Counsel. Avellini succeeds Graeme Dickson, who departed the company in September to join the Algorand Foundation. Lisa Avellini brings over two decades of legal and regulatory experience […]
FTX Settles Legal Dispute with Bybit for $228 Million
FTX Settles Legal Dispute with Bybit for $228 Million. FTX has reached a $228 million settlement with Bybit and its investment branch, Mirana, allowing it to reclaim vital assets for its creditors. This settlement is particularly crucial as it includes approximately $175 million in digital assets and $53 million in BIT tokens, pending court approval. […]