Tag: Report

Crypto Exchange Gemini Quietly Files for IPO With Goldman Sachs and Citigroup: Report

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The crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss has reportedly filed for an initial public offering (IPO). Citing people familiar with the matter, Bloomberg reports that Gemini is working with the investment banking titans Goldman Sachs and Citigroup in its efforts to quietly go public. The anonymous sources also say that discussions are still ongoing and no final decision has been made concerning an IPO. An IPO is typically underwritten by investment banks, which also arrange for the shares to be listed on stock exchanges. Last month,…

Only 4% of the world’s population holds Bitcoin in 2025: Report

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Only 4% of the global population currently holds Bitcoin (BTC), with the highest concentration of ownership in the United States, where an estimated 14% of individuals own BTC. According to a research report from River, a BTC financial services company, North America remains the continent with the highest adoption rate among individuals and institutions, while Africa is currently the lowest at only 1.6%. Overall, BTC adoption tended to be higher in more developed regions than in developing regions. River estimates that BTC has only achieved 3% of its maximum adoption…

SBF sent to solitary confinement over Tucker Carlson interview: Report

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Former FTX CEO Sam “SBF” Bankman-Fried has reportedly been sent to solitary confinement after taking part in an interview with right-wing political commentator Tucker Carlson, which was not approved by prison authorities. “This particular interview was not approved,” a representative for the US Bureau of Prisons told The New York Times on March 7. Bankman-Fried did not receive permission to take interview According to a person briefed on the situation, after Bankman-Fried’s interview with Carlson was published, he was sent to solitary confinement at Brooklyn’s Metropolitan Detention Center, where he…

Donald Trump’s memecoin generated $350M for creators: Report

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US President Donald Trump’s cryptocurrency project has generated at least $350 million in revenue from the launch of the Official Trump (TRUMP) memecoin, according to an analysis by the Financial Times. Entities involved in operating the TRUMP memecoin have earned at least $314 million from token sales and $36 million from fees on the Solana blockchain, the FT reported on March 7. While Trump’s personal profit remains unclear, the memecoin’s official website, Gettrumpmemes.com, states that The Trump Organization-affiliated CIC Digital and Delaware-based Fight Fight Fight collectively own 80% of the…

This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says

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Este artículo también está disponible en español. A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from various angles. The first indicator that the analytics firm has shared is the “UTXO Realized Price Distribution” (URPD), that basically tells us about how the BTC supply is distributed among the different price…

Trump may sign Bitcoin reserve executive order at crypto summit: Report

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US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7. Such a reserve would be expected to buy more Bitcoin (BTC), in comparison to the US hanging on to the BTC it already owns through criminal seizures, Bloomberg reported on March 6, citing people familiar with the matter. However, a range of options for what could be several crypto-related executive actions are still being considered. Trump could also announce that the US will stop selling crypto…

Report: Belarus Eyes Cryptocurrency Mining to Harness Nuclear Surplus

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Belarus is reportedly exploring cryptocurrency mining using surplus nuclear energy, following economic strategies pioneered by nations like Bhutan, according to a report by the Belarusian Telegraph Agency (BelTA). Surplus Electricity Could Fuel Belarusian Crypto Boom President Alexander Lukashenko has directed officials to explore cryptocurrency mining as a means to utilize the country’s surplus electricity, generated […] Source

Trump to announce Bitcoin reserve strategy at White House Crypto Summit: report

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President Donald Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit Commerce Secretary Howard Lutnick confirmed the plan in an interview with The Pavlovic Today, stating that Bitcoin would receive special status under Trump’s initiative. “A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick said. The summit, chaired by venture capitalist David Sacks and Congressman Bo Hines, marks a key moment in…

Bitcoin isn’t a worthy reserve asset, Swiss central bank president says: Report

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Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its balance sheet. Schlegel first told Swiss local media outlet Tamedia that Bitcoin and other cryptocurrencies are too volatile, which isn’t conducive to maintaining the value of SNB’s investments. “Second, our reserves need to be highly…

Bitcoin isn’t a worthy reserve asset, Swiss National Bank president says: Report

boss

Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its balance sheet. Schlegel first told Swiss local media outlet Tamedia that Bitcoin and other cryptocurrencies are too volatile, which isn’t conducive to maintaining the value of SNB’s investments. “Second, our reserves need to be highly…