The US-based spot Bitcoin ETFs (exchange-traded funds) started the week on a negative note, ending its seven-day $4.7 billion inflow streak. The crypto investment products saw nearly $460 million withdrawn in value on Monday, January 27. However, the Bitcoin ETFs appear to be making a strong comeback, ending the week with hundreds of millions of…
Dubai, UAE, January 29th, 2025, Chainwire Freedx, a newly launched cryptocurrency exchange, today announced the completion of its $50 million funding round. Freedx has secured regulatory permissions in Panama and a BTC license in El Salvador, representing initial steps toward expanding its compliance efforts globally. The investment reflects investor confidence in Freedx’s approach to offering…
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Bitcoin mining company Riot Platforms has increased its BTC holdings with the addition of over 5,000 coins in the past few days. This significant purchase came on the back of reports that the miner was under pressure from activist investor Starboard Value. How Much BTC Does Riot Platforms Currently Own? On Friday, December 13, Riot…
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KaJ Labs, the developer behind the on-chain enterprise platform Atua AI (TUA), has committed $100 million to advance artificial intelligence (AI) applications within the XRP ledger ecosystem. The announcement, made on December 12, 2024 in Dubai, UAE, aims to develop AI-driven solutions tailored specifically for XRP’s infrastructure. XRP Meets AI According to the official press…
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Nasdaq-listed medical device manufacturer Semler Scientific has expanded its Bitcoin (BTC) holdings, acquiring an additional 303 BTC for $29.3 million. The company continues to double down on its MicroStrategy-inspired corporate treasury strategy. High Bitcoin Price Not A Barrier To Purchase Bitcoin made history this week by surpassing the $100,000 price level for the first time,…
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Touzi Capital LLC, a crypto mining company, and its managing member Eng Taing over multiple securities law violations. The US securities regulator claims the defendants allegedly deceived investors and misappropriated funds to the tune of $115 million. SEC Vs. Touzi Capital And Eng…
