Gary Gensler’s SEC has halted its investigation into whether Ether is a security. What could have motivated the SEC withdrawal, and is the fight over?
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Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch.
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The media is buzzing about Trump’s recent endorsement of Bitcoin.
Looking at Bitcoin Perception data (chart below), coverage of Bitcoin together with Trump has increased month-over-month since the start of the year, but last week saw quite a stir, since the endorsement seems to be amplifying an already existing anti-Bitcoin bias among some outlets.
Image credit: Mainstream media coverage of Trump + Bitcoin has increased since the start of 2024. (Bitcoin Perception)
Forbes, Fox, and CNBC covered Trump’s move as a positive step for U.S. energy security and economic strength….
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APAC’s struggle with increasing crypto crime is exacerbated by a shortage of legal resources and inadequate training for law enforcement.
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MicroStrategy has completed a $800 million convertible note offering, which it will use to acquire more Bitcoin and for “general corporate purposes.”
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MicroStrategy, a global leader in business intelligence, has significantly increased its Bitcoin portfolio, purchasing an additional 11,931 BTC. The acquisition, valued at approximately $786 million, was financed through convertible notes and excess cash, with each Bitcoin costing around $65,883.
This latest investment boosts MicroStrategy’s total Bitcoin holdings to 226,331 BTC, acquired at an average price of $36,798 per Bitcoin. The company’s strategic accumulation of Bitcoin underscores its confidence in the cryptocurrency as a viable and valuable asset in the long term.
As of June 20, 2024, MicroStrategy’s substantial crypto assets, valued at around $8.33 billion, highlight the growing trend of major corporations integrating digital currencies into their financial strategies, further cementing the legitimacy and potential of cryptocurrencies in the global market.
MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 11,931 BTC at a total cost of $786 million.
BREAKING: MicroStrategy buys an additional 11,931 #Bitcoin for $786 million. pic.twitter.com/H7XN5XtBtK
— Bitcoin Magazine (@BitcoinMagazine) June 20, 2024
On June 18, MicroStrategy completed a private offering of convertible senior notes, which included a 2.25% coupon and an approximately 35% conversion premium over the U.S. composite volume weighted average price of MicroStrategy’s class A common stock. The offering was well received in the marketplace and upsized to a total of $800.0 million in…
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Tether partners with Taipei University to advance blockchain and digital asset education, aiming to equip students with essential knowledge and skills.
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President Javier Milei of Argentina has expressed robust support for integrating Bitcoin and other currencies into the nation’s economy, advocating for a competitive monetary system. Milei’s approach, inspired by conversations with figures like Gabor Gurbacs, former Director of Digital Asset Strategy at VanEck, promotes a dynamic where citizens can choose their preferred currencies, including Bitcoin, WTI, and BTU, based on business needs.
This progressive stance echoes initiatives seen in El Salvador under President Nayib Bukele, though Argentina’s situation is nuanced with ongoing challenges like inflation and regulatory uncertainties surrounding digital currencies. Yet, the growing preference for stablecoins among Argentinians could ease the transition, providing a stable medium amidst economic fluctuations.
Milei’s vision of free currency competition could position Argentina as a leading player in the global cryptocurrency arena, offering a promising alternative to traditional economic models plagued by instability and inflation.
Konami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading.
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