CEO and founder Jack Mallers revealed the numbers on Friday when he posted a copy of a private letter previously sent to the company’s investors. Strike’s Growth Exploded 600% Last Year Perhaps the reason Jack Mallers was picked to lead Twenty One Capital, the new bitcoin treasury firm backed by stablecoin giant Tether and Japanese […] Original
Though the identities of many of the top holders of US President Donald Trump’s memecoin were still unknown, blockchain data showed significant outflows over the past seven days — during which time he announced a dinner and White House tour for certain tokenholders. According to data from blockchain analytics firm Nansen as of April 25, the TRUMP memecoin had seen more than $869 million in outflows in the last seven days compared to roughly $96 million in inflows among the top 500 changes. Some of the changes followed Trump announcing…
Stripe, a global payments platform, is building a new US dollar stablecoin product for companies based outside the United States, the United Kingdom and Europe in a move that may further expand the footprint of the dollar around the world. Stripe CEO Patrick Collison confirmed the product on X, posting an invitation for companies interested in testing the solution. The move gained traction after Stripe recently received regulatory approval to acquire the stablecoin payments network Bridge. Bridge’s network competes with banks and companies that use the SWIFT system, a global…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlegel at the bank’s General Assembly meeting Friday. “Cryptocurrencies also are known for their high volatility, which is a risk for long term value preservation. In short, one can say that cryptocurrencies for the moment do not fulfill the high requirements for our currency reserves.” Schlegel’s comments were prompted…
Semler Scientific has bought approximately $10 million worth of Bitcoin since Feb. 14, the healthcare technology company said in an April 25 statement. The company purchased 111 Bitcoin (BTC) for $10 million at an average price of roughly $90,000 per coin, Semler said. It holds a total of more than 3,300 Bitcoin worth approximately $300 million in aggregate. Semler said its Bitcoin purchases have earned stockholders a Bitcoin yield of 23.5% in the year to date. Bitcoin yield measures the ratio of BTC holdings to outstanding shares, reflecting growing exposure…
Medical technology company Semler Scientific announced the acquisition of 111 more bitcoins for $10 million between February 14 and April 24, 2025. The acquisition brought Semler Scientific’s holdings to 3,303 bitcoins. Semler Scientific BTC Holdings Acquired for an Average of $87,929 per Coin Semler Scientific (Nasdaq: SMLR), a medical technology company, announced that between Feb. […] Original
In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third roundtable discussion of crypto regulation. In the “Know Your Custodian” roundtable event on April 25, Atkins said he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs. He reiterated that among his goals at the SEC would be to facilitate “clear regulatory rules of the road” for digital assets, hinting that the agency under former chair Gary Gensler had…
Stocks ended the week on a strong note, with the S&P 500 and Nasdaq Composite posting solid gains despite ongoing uncertainty around global trade. The S&P 500 gained 0.5% to close the week, while the Nasdaq added 0.9%. However, the Dow Jones Industrial Average lagged behind other indices, recording a small 47-point, or 0.1%, decline. Google’s parent company, Alphabet, appeared to have boosted investor confidence after topping first-quarter earnings estimates. Notably, revenue of $90.23 billion and earnings per share of $2.81 beat estimates of $89.12 billion and $2.01 per share,…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is trading above $1,700 after a volatile few weeks, with bulls now trying to reclaim higher levels and flip resistance into support. Despite lingering macroeconomic tensions and the…