MicroStrategy, a major Bitcoin holder among publicly traded companies in the U.S., announced yesterday (13th) its plan to issue $500 million worth of convertible senior notes to qualified institutional investors and use the proceeds to buy more Bitcoin. However, the stock price fell instead of rising.
AlexMarket sources reveal that Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), expects the S-1 registration statement for the Ethereum spot ETF to be approved sometime this summer.
MiyukiThe decision by Saudi Arabia to end the petrodollar agreement marks a significant shift away from the US dollar's long-standing dominance in global trade, potentially paving the way for alternative currencies like the BRICS stablecoin to reshape international finance.
AnaisThe financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?
CatherineSEC Chair Gary Gensler announced that Ethereum ETFs should be approved by summer’s end but did not clarify its classification as a security or commodity. But this “good” news had little impact on the sluggish crypto market.
KikyoPixelverse, through its PixelTap game on Telegram, has rapidly gained 15 million users and secured $5.5 million in funding from major investors, aiming to revolutionize Web3 gaming with its tap-to-earn model and upcoming $PIXFI token launch.
WeatherlyThe fast-food industry adopts AI to reduce rising labour costs by replacing human workers. Despite being touted as the future, AI has caused many embarrassing errors. Is AI truly the solution for drive-thrus?
CatherineThe rise of AI tools has raised data privacy concerns due to the vast data needed for training models. Privasea addresses this with a framework prioritising data privacy and security, using FHE to perform computations directly on encrypted data.
KikyoBitcoin hits a monthly low of $64,000, losing over $100 billion in market cap, driven by ETF outflows and failed resistance attempts.
AlexZircuit, an Ethereum Layer 2 network, stands out with its AI-powered sequencer for enhanced transaction security and efficiency, attracting over $3.3 billion in staked assets ahead of its mainnet launch backed by Binance Labs.
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