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MicroStrategy, the business intelligence firm led by co-founder Michael Saylor, has made headlines once again with a significant investment in Bitcoin. T he company raised $1.01 billion through a private offering of convertible notes, boosting its aggressive Bitcoin acquisition strategy. As a result, MicroStrategy purchased 7,420 bitcoins, bringing its total holdings to 252,220 BTC—worth around […]

Switzerland’s SIX Group is exploring the possibility of launching a cryptocurrency trading platform in Europe, aiming to compete with establish ed digital asset platforms like Binance, OKX, and Coinbase. Leveraging Switzerland’s advanced crypto regulations, the exchange hopes to attract large institutional investors interested in trading digital currencies. “Crypto is increasingly being recognized as a legitimate

Brazilian authorities have exposed a massive $9.7 billion money laundering operation involving cryptocurrencies, leading to arrests in several cities, including São Paulo, Fortaleza, and Brasília. In an operation dubbed “Operation Niflheim,” Brazil’s Federal Revenue and Federal Police carried out 23 search warrants and eight arrests. This crackdown targeted a network accused of using cryptocurrencies to

Bitcoin has jumped over 2% following the Federal Reserve’s unexpected interest rate cut, which experts say could cause the price of Bitcoin to “skyrocket.” Currently, Bitcoin is trading above $63,000 as traders respond to the Fed’s 50 basis point rate cut. This move could spark a new wave of liquidity that may push Bitcoin and

The stock market surged on Thursday, with the Dow Jones Industrial Average and the S&P 500 hitting new record highs after the Federal Reserve cut interest rates by 50 basis points. The Dow climbed 522.09 points (1.26%) to close at 42,025.19, breaching the 42,000 level for the first time, while the S&P 500 gained 1.7%

Michelle Bond, the girlfriend of former FTX executive Ryan Salame, has pleaded not guilty to charges of violating campaign finance laws connected to her 2022 congressional run. Bond is accused of accepting over $500,000 from FTX to fund her campaign in New York’s first congressional district, where she ran as a Trump-backed Republican. Bond faces

It was a sea of green in the cryptocurrency industry after the jumbo interest rate cut by the Federal Reserve. Bitcoin led the gains, cruising above the important resistance point at $63,000 for the first time since Aug. 27.  In recent market activity, smaller altcoins have experienced significant gains. Reef (REEF) went parabolic, soaring by 54.2%