DigiAsia Corp, a fintech firm hailing from Indonesia, has witnessed its share surging by more than 91% on May 19. The surge was reportedly followed by the firm’s announcement of a plan to generate $100 million to start Bitcoin purchases as part of a new treasury strategy. The fintech firm
Michael Saylor’s Strategy and its officials are accused by a California-based investor of breaching federal securities laws by making false and misleading statements. The complaint was filed in the U.S. District Court for the Eastern District of Virginia on Friday. Anas Hamza accused Strategy and its officials, including the co-founder
The Chief Executive Officer of JP Morgan, Jamie Dimon, has revealed that the bank will permit its clients to purchase Bitcoin but will not custody the cryptocurrency in the near future. On May 19, at the firm’s annual investor day, the CEO asserted that we were going to permit you
Bitcoin has increased 33% since the 2024 halving event, reaching $91,717. This price growth has further proven that BTC remains the leader within the cryptocurrency ecosystem. In response, the focus is slowly moving toward new altcoins. One notable focus is Rexas Finance (RXS). Bitcoin’s Rally: A Steady Climb As expected,
What did we do before crypto cards? They’re our go-to cashout mechanism, our payment method for coffee and groceries, and our on-ramp when it’s time to top up our crypto balance. Part debit card, banking app, and token swap service rolled into one, the crypto card is indispensable to those
Metaplanet, the Tokyo-listed corporation known for its strategic pivot from hospitality to crypto, announced a significant Bitcoin acquisition worth $104.3 million. This latest purchase of 1,004 BTC boosts its total holdings to 7,800 BTC, positioning it as one of the world’s leading Bitcoin treasury companies. The transaction, executed at an
The recent price surge of Bitcoin has led to an increase in the value of the BTC holdings of El Salvador. The President of the nation posted a screenshot on X that showed the current worth of Bitcoin holdings being more than $644 million. The post also reveals that the
The crypto market never disappoints the community with its wild price swings and intriguing comebacks. After watering down the expectations of a crypto bull run in 2025, Bitcoin started to regain strength this month. It is now trading above the $102,000 price level, which led industry leaders to make bold
The United States has lost its final top-tier credit rating following Moody’s downgrade from Aaa to Aa1 on May 16. This is the first instance since the establishment of modern credit ratings that all major agencies no longer rate the country at the top level. High debt loads and growing
The Saudi Central Bank has recently unveiled an investment in a Strategy, an American development company. After the investment, the bank got its first indirect exposure to Bitcoin. The bank made a filing on May 16 with the US Securities and Exchange Commission in which it mentions that it now
