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Strategy is unlikely to make deals to acquire its Bitcoin-buying rivals, with founder Michael Saylor saying it’s too risky.
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Latest News on Business
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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Riot Platforms sees Bitcoin mining as a “means to an end,” planning to pivot its power resources to build a 1-gigawatt AI data center campus.
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Coinbase CEO Brian Armstrong rattled off a bunch of crypto buzzwords at the end of its Q3 earnings call — resolving all prediction market bets on them to a “yes” in one swoop.
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MegaETH blew past its fundraising cap with over $1.3 billion committed, achieving a theoretical valuation of over $27 billion after closing on Thursday.
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Strategy’s third-quarter net income was down from its record $10 billion in Q2, but still lifted its shares after the bell.
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Coinbase recorded another profitable quarter with $432.6 million in net income in Q3 on the back of $1.9 billion in revenue, while Coinbase’s Bitcoin holdings rose by 2,772 BTC.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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DYdX President Eddie Zhang reportedly said the decentralized exchange would offer spot trading for cryptocurrencies as part of its move into the US later this year.
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CoreWeave has been trying to acquire Core Scientific for over a year in one of the most-watched M&A deals in crypto.
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Building momentum through new integrations and regional partnerships, the project is getting ready for international rollout.
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Flutterwave partners with Polygon Labs to launch a stablecoin-powered cross-border payments network spanning 34 countries across Africa.
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The Bitcoin mining industry is financing its expensive pivot to AI data centers with convertible debt that sometimes features a 0% coupon.
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With retail access restored, crypto exchange-traded notes issuers slash fees to historic lows, signaling an intensifying battle for UK market dominance.
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The $300 billion stablecoin market capitalization pushed DeFi into a “self-sustaining cycle” of growth, according to the investment bank’s head of research.
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CEO David Bailey told Forbes he plans to fold Bitcoin Magazine, the Bitcoin conference and hedge fund 210k Capital into Nakamoto Holdings to boost cash flow.
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