Winklevoss Brothers Launch Zcash Treasury
The Winklevoss brothers' fund, Winklevoss Capital, has invested over $50 million in Cypherpunk, a company focused on accumulating the privacy cryptocurrency Zcash (ZEC).Currencies held in significant quantities by governments and institutions as part of their foreign exchange reserves.
Winklevoss Brothers Launch Zcash Treasury
The Winklevoss brothers' fund, Winklevoss Capital, has invested over $50 million in Cypherpunk, a company focused on accumulating the privacy cryptocurrency Zcash (ZEC).
Investors Signal Market Shift by Exiting Shorts Against Strategy
Kynikos Associates has closed its short position against Strategy's shares and its long position on the leading cryptocurrency, according to the firm's founder, James Chanos.
Bitwise CIO says crypto treasuries risk irrelevance without complex strategies
DATs must adopt more complex strategies or risk losing out to ETFs, Bitwise CIO Matt Hougan said.
DAT firm Sequans sells 970 BTC to reduce debt amid bitcoin slide
French firm Sequans Communications sold 970 BTC to partially redeem its convertible debt for about $94.5m.
S&P Assigns ‘Junk’ Bond Rating to Strategy
S&P Global Ratings has assigned a B- credit rating to Strategy, categorizing its securities as 'junk' bonds.
BitMine Expands Ethereum Holdings to $13.7 Billion
BitMine Immersion, managing Ethereum reserves, has increased its holdings to 3.3 million ETH, valued at $13.7 billion.
BitMine Seizes Market Dip to Acquire $417 Million in Ethereum
BitMine Immersion Technologies has bolstered its reserves with an acquisition of 104,336 ETH valued at $417 million.Ether hits a fresh high above $4,400 after BitMine announcement
The price of Ethereum set a local high above $4,400. Gains accelerated after mining company BitMine Immersion Technologies (BMNR) announced raising an additional $20bn to purchase the asset. The firm filed a prospectus with the U.S. Securities and Exchange Commission (SEC) to expand its at-the-market equity programme. Total capacity rose to $24.5bn, including $2bn under […]
Chainlink Launches Strategic LINK Reserve, Token Surges 15% in a Day
The LINK token appreciated by 15% over the past day following the announcement of Chainlink Reserve—a strategic reserve aimed at supporting the network’s long-term development. The “digital reserves” will be replenished through project revenues from both large corporate clients and network fees. At launch, it already holds over $1 million worth of LINK. A key […]
TON Drops 8% Following Verb Technology’s Reserve Announcement
The native token of The Open Network (TON) fell by 7.9% following the announcement of plans by Nasdaq-listed Verb Technology to become the first publicly listed holder of the coin as a primary reserve asset. 15-minute chart of TON/USDT on Binance. Source: TradingView. At the time of writing, TON is trading at $3.4, according to […]
Russian Finance Ministry Urged to Establish Bitcoin Reserve
Anton Tkachev, a State Duma deputy from the New People faction, has approached Russian Finance Minister Anton Siluanov with a proposal to establish a strategic bitcoin reserve, according to a document cited by TASS. Tkachev argues that traditional currency reserves, including yuan, US dollars, and euros, are subject to volatility, sanctions, and inflation, posing a […]
Russia Dismisses Proposal for Bitcoin Reserves
Russia has no immediate plans to store budget reserves in the leading cryptocurrency. This was stated by Anatoly Aksakov, head of the State Duma Committee on Financial Markets, in an interview with Parliamentary Newspaper. He attributed this stance to the asset’s high volatility and technical characteristics. “Bitcoin is backed by private individuals, and it is […]We use cookies to improve the quality of our service.
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