The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
Bitcoin (BTC-USD) continued its downward trajectory on Thursday, touching its lowest levels since November, trading as low as $92,500. The decline marks a stark contrast to the cryptocurrency's meteoric rise in the weeks following President-elect Donald Trump’s...
US equity futures traded within narrow ranges on Thursday as investors took a pause from the record-breaking rally that has characterized recent market activity. Amid this quieting in stocks, Bitcoin made headlines by surging above the $100,000 mark for the first...
MARA Holdings (NASDAQ: MARA) saw its stock surge 16% early Wednesday, following the announcement of a significant $850 million zero-coupon convertible note offering. This bold financial maneuver comes with an additional $150 million option for initial purchasers,...
On Tuesday night, Bitcoin surged to a new all-time high, breaking past $75,000 for the first time in history. The price of the leading cryptocurrency touched a peak of $75,361 according to CoinMarketCap, marking a more than 9% increase in just 24 hours. This rally...
Cryptocurrency trading has emerged as a popular and lucrative endeavor in recent years. With the ever-increasing interest in digital currencies like Bitcoin, Ethereum, and a multitude of altcoins, traders are constantly seeking strategies to maximize profits and...
Cryptocurrency has evolved significantly over the past ten years, with several notable developments and trends shaping its trajectory. Here are some key highlights of cryptocurrency evolution during this period: Bitcoin's Dominance: Bitcoin, the first cryptocurrency,...
[vc_row][vc_column][vc_column_text]VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it will be subscribing for 500 new GlobexUS Holdings Corp (“GlobexUS”) shares at USD3,000 per share for USD1.5 million. This investment signals the...
Binance has announced the launch of a prepaid crypto card in Brazil in partnership with Mastercard Incorporated (NYSE: MA). The prepaid crypto card will be available to all Binance users in Brazil with a valid national ID and alow payments to be made with 13...
Binance.US (CRYPTO: BNB) is set to acquire crypto assets and customer deposits of Voyager Digital in a USD1.02 Billion deal. The move follows the failed acquisition of FTX-Voyager as a result of FTX’s collapse and ex-founder Sam Bankman-Fried’s arrest.The company...
Coca-Cola (KO) saw a significant uptick in stock value recently following positive remarks from the company’s CFO, John Murphy. Speaking during the company’s fourth-quarter earnings call, Murphy addressed concerns about rising aluminum prices, stating that while the...
President Donald Trump has directed the Treasury Department to halt the production of new pennies, calling the continued minting of the one-cent coin "wasteful." On Sunday night, Trump posted on his Truth Social platform that the cost of producing each penny exceeds...
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...