Strategy’s bitcoin shopping spree has rolled into another week, but this time, the company was buying back its own securities, too. Between Sept. 21 and Sept. 27, the firm acquired 1,665 BTC at an average price of $85,681 per coin, including fees and expenses. The purchase pushed its holdings to 847,666 BTC, accumulated for approximately […]
Bitcoin closed the week at $84,467, its highest weekly finish in eight months, and then gave back 1.5% before most of the U.S. woke up on Monday. The Numbers The week starting Sept. 21 saw BTC open at $81,178 and close at $84,467. No weekly close has been higher since the last week of January, […]
Settlemint and Utila have partnered to address a critical operational bottleneck for financial institutions moving tokenized assets from pilot phases into production environments. Bridging the Gap to Production Enterprise blockchain platform Settlemint and digital asset infrastructure provider Utila announced a partnership aimed at helping financial institutions move tokenization projects from experimental pilot phases into […]
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. For the past week, U.S. equities have moved […]
Outgoing SEC Commissioner Hester Peirce called for an overhaul of legacy financial-surveillance frameworks, arguing that mandatory, continuous collection of personal data is costly and largely ineffective at detecting criminals. Rethinking Legacy KYC Frameworks Outgoing Securities and Exchange Commission (SEC) Commissioner Hester Peirce has called for an overhaul of the U.S. government’s financial surveillance framework. Speaking […]
Riot Platforms (NASDAQ: RIOT) has repaid its outstanding borrowing from Coinbase Credit and terminated a $200 million credit facility, releasing the lender’s claims on the bitcoin assets pledged to secure the debt. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides […]
According to statistics from the cryptocurrency automated teller machine (ATM) aggregation website, coinatmradar.com, the number of crypto ATMs has dropped considerably over the last 148 days. Current metrics show the number of crypto dispensing machines installed worldwide has declined to a level not seen since 2021. Crypto ATM Network Shrinks as U.S. Removes Hundreds of […]