Press Release

Suriname’s Presidential Hopeful Embraces Crypto

[ad_1] Bitcoin is emerging as a potential revolutionary force in developing nations, where economic woes are a constant struggle, often plagued by inflation, currency devaluation, and limited access to traditional financial systems. In Suriname, a South American nation facing significant economic hardship, a political hopeful is making waves with a bold proposition – adopting Bitcoin […]

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Riot Platforms calls for shareholder meeting to oust Bitfarms’ founder from board

[ad_1] Riot Platforms has decided to abandon its bid to acquire rival Bitfarms. Instead, it seeks to overhaul Bitfarms‘ Board of Directors before considering further takeover attempts. On June 24, Riot formally requested a special meeting of Bitfarms shareholders to restructure the board by removing Bitfarm Chairman and Interim CEO Nicolas Bonta and director Andrés […]

Press Release

Bitcoin Bears the Brunt of Growing Pessimism With $630M Outflows

[ad_1] Digital asset investment products experienced a second consecutive week of outflows shedding $1.2 billion which amounted to $584 million. According to CoinShares, this could potentially be a result of the pessimism amongst investors regarding potential Fed interest rate cuts this year. Altcoins See Inflows Amid Market Weakness Bitcoin bore the brunt and remained the […]

Press Release

Michael Saylor Goes Nuclear: Bitcoin Is ‘Economic Immortality’

[ad_1] Michael Saylor, the executive chairman of MicroStrategy, has ignited fresh debate about the potential of Bitcoin to reshape the global economy. In a recent podcast interview, Saylor painted a future where Bitcoin transcends its role as a digital currency, transforming into a cornerstone for “economic immortality” and global financial stability. Michael Saylor: Bitcoin Is […]