Crypto News
Strategy Plans $2.1B Sale of Its Perpetual Strife Preferred Stock
Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion.Strategy plans to sell the shares over a period of time, based on market conditions. Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital.Source link
Report: Colombia Running CBDC Pilot on Cosmos
According to Maghnus Mareneck, co-CEO of Interchain Labs, the Colombian government will be testing a still-unannounced CBDC on the Cosmos network. Colombia aims to target cross-border payments with this new CBDC, which has just emerged from stealth with this announcement. Colombia Hops Onto the CBDC Bandwagon With Stealth CBDC Pilot Colombia would be the latestSource link
Crypto Daybook Americas: All Signs Point Up as Bitcoin Hits Record High
By Francisco Rodrigues (All times ET unless indicated otherwise)Bitcoin BTC surpassed Wednesday's record to reach an all-time high of $111,875 in the early hours of Thursday, according to the CoinDesk Bitcoin Price Index, as traditional financial markets contended with rising bond yields and renewed concerns over ballooning U.S. debt.The largest cryptocurrency has gained around 3.8% in the last 24 hours while the broader CoinDesk 20 CD20 index rose 4.74%, continuing a trend of strength driven by mounting institutional demand and growing interest in crypto exposure.The rally is unfolding against a backdrop of higher yields on U.S. and Japanese government bonds. The 10-year U.S. Treasury yield rose to 4.6%, while the 30-year topped 5%, driven by concerns over President Donald Trump’s...
UK Appeals Court Dismisses Bitcoin SV Investors’ $13.3B Damages Bid Against Binance
The court rejected loss-of-chance claims in BSV investors’ class-action suit against Binance, ruling such damages are not legally applicable.Source link
Binance Integrates With Brazilian National Payments System Using Pix
Binance announced that its customers in Brazil will be able to make payments using their cryptocurrency balances at millions of businesses through the Pix system. This development increases the usability of crypto in the country, allowing users to save and spend directly in crypto. Binance Revolutionizes Crypto Payments in Brazil With Pix Integration Binance hasSource link