According to Bloomberg, cryptocurrency exchange Kraken has announced the acquisition of tokenized asset platform Backed Finance. Backed Finance is a digital token issuer whose tokens represent real-world assets including shares and exchange-traded fund shares. Kraken co-CEO Arjun Sethi said in an interview that Kraken already offers shares and ETF products issued by Backed and plans to integrate these products more closely into its platform after the acquisition.
Beijing issued the "Opinions on Helping Mergers and Acquisitions and Restructuring to Promote the High-Quality Development of Listed Companies", which encourages more resources and elements to gather in the direction of new quality productivity. The "Opinions" encourage listed companies to carry out mergers and acquisitions and restructuring around strategic emerging industries and future industries, and accelerate the development of artificial intelligence, medicine and health, integrated circu...
According to data from Architect Partners, the volume of crypto industry mergers and acquisitions exceeded $10 billion for the first time in the third quarter.
President Trump: When all NATO countries stop buying oil from Russia, it means they are ready to impose major sanctions on Russia.
On August 25th, Shanghai 6 departments announced that they will improve the property tax policy for individual housing. In order to connect and optimize the housing purchase restriction policy, the "Notice" stipulates that the first set of housing purchased by eligible non-resident families in this city will be temporarily exempted from property tax; the second set and above of housing purchased will be given a tax-free area of 60 square meters per capita after the combined calculation of the to...
Axel Adler Jr, an analyst at CryptoQuant, said in a social media post: "The decrease in the 30-day moving average of Bitcoin net traffic on exchanges indicates that Bitcoin on centralized exchanges is being bought faster than sold. This shift in a falling market shows a bullish divergence and indicates that market participants are taking advantage of the pullback to buy."
According to on-chain analyst The Data Nerd (@OnchainDataNerd), a giant whale spent $9.83 million to buy 5,474 ETH, with an average price of $1,797. Currently, he owns 9,110 ETH (~ $16.62 million), with an average entry fee of $2,436 (unrealized losses~ $5.57 million).
Strategy took a $5.90 billion impairment in the first quarter due to the falling bitcoin price, reporting a loss of $4.20 billion and a loss of $16.49 per share. The company announced a new $21 billion public market common stock offering and has raised its BTC yield target to 25% from 15% and its BTC dollar earnings target to $15 billion from $10 billion. As of April, the company held 553,555 bitcoins at an acquisition cost of $37.90 billion, with an average cost of $68,459 per piece. The compan...
According to Cointelegraph, Zach Shapiro, head of policy at the Bitcoin Policy Institute (BPI), said: If the United States announces the purchase of 1 million bitcoin, it will cause a global shock, the price of bitcoin will skyrocket, and it may soon rise to around $1 million. Matthew Pines, executive director of BPI, pointed out that if the United States wants to fulfill its promise to become a bitcoin superpower, it will ultimately depend on how much bitcoin the United States owns, which will ...
According to the SEC, Strategy (MSTR. O) bought 6,911 bitcoins for $584.10 million between March 17 and March 23.