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Blockhead Brief: BTC Teases US$25K, Altcoins Rally
BTC continued its upwards trend. Also, South Korea has joined the US in investigating staking services, Solana has received a boost from the Helium Foundation, and more.
Related
Blockhead Brief: Banking Industry Has More Issues Than Crypto
From First Republic's failure to a Bitcoin poser's jail sentence, the Labour Day Weekend did not disappoint
Australia to Boost Crypto Legislation, Societe Generale's Stablecoin, ETH Taipei Opens, & Events This Week
With the rise of crypto assets, Australia says the regime must be reformed to respond to the risks posed by them.
Blockhead Brief: US Congress Drafts Stablecoin Legislation, Solana Phone, Cardano Wallet
The weekend saw the announcement of Cardano's native wallet, while a new bill has been drafted in Congress regarding stablecoin legislation.
Latest
Bitcoin vs. Gold: Is It All Over for the Yellow Metal?
Gold has experienced a significant pullback, down over 8% from its all-time high, as the US election results reduced political uncertainty and raised confidence in the economy. The Fed's cautious stance on rate cuts has made the non-yielding metal less attractive, while boosting assets like Bitcoin.
BitGo Launches Singapore Subsidiary to Boost APAC Services
With its Major Payment Institution License granted by the Monetary Authority of Singapore (MAS) in August 2024, BitGo Singapore is positioned as a key player in addressing the region’s growing demand for institutional-grade digital asset infrastructure.
MicroStrategy Ups Bitcoin Bet: $2.6B Convertible Notes Sale Amid Soaring BTC Prices
Michael Saylor, the company’s chairman, has been a strong advocate for Bitcoin, believing its value will continue to rise. With over $40 billion in Bitcoin assets, MicroStrategy’s stock has surged, becoming the most traded in the U.S.
China Expels Former Digital Currency Chief Yao Qian Amid Crypto Corruption Scandal
Accused of using his regulatory powers for personal gain, Yao allegedly accepted bribes in crypto, engaged in financial misconduct, and misused his position to benefit specific technology providers. His case has been referred for criminal prosecution.