Cointime

Cointime

Download App
iOS & Android

Crypto Evening Briefing: MicroStrategy Adds Another 1,045 Bitcoin to Its Growing Crypto Treasury

Cointime Official

Top Stories

Hong Kong to Test Digital RMB Cross-Border Payment Tool, Says HKMA Chief

The Chief Executive of the Hong Kong Monetary Authority, Eddie Yue, announced at a financial forum that Hong Kong will continue to leverage its advantages as an international financial center to support the development of the mainland's financial market and better serve the real economy.

Swiss Government-Owned Bank PostFinance to Offer Customers Crypto

Switzerland's fifth-largest financial services firm, PostFinance, is partnering with regulated digital asset services provider Sygnum Bank to offer its 2.5 million customers access to cryptocurrency.

Cash App Creator Dies Following Stabbing in San Francisco

Bob Lee, former CTO of Square and creator of Cash App, has died following a stabbing in San Francisco. The incident occurred in the early hours of April 4, and Lee was transported to a local hospital but later succumbed to his injuries. 

MicroStrategy Adds Another 1,045 Bitcoin to Its Growing Crypto Treasury

MicroStrategy has acquired an additional 1,045 Bitcoin for approximately $29.3 million at an average price of $28,016 per BTC, bringing its total holdings to 140,000 Bitcoin acquired for approximately $4.17 billion at an average price of $29,803 per BTC.

Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked

Developers have forked Uniswap, a decentralized exchange (DEX), after its Business Source License (BSL) expired on April 1, and the code became open source. The fork has already attracted $123 million in total value locked (TVL), with the majority of capital locked on the Binance Smart Chain (BSC).

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $28,563.45 USD, jumped by 0.61% in the last 24 hours;

ETH’s live price is $1,921.76 USD, jumped by 1.86% in the last 24 hours;

BNB’s live price is $315.66 USD, jumped by 1.19% in the last 24 hours;

XRP's live price is $0.5123 USD, jumped by 2.13% in the last 24 hours.

Fundraising News

Saison Capital to Accelerate Web3 Investments With New Token Fund

Saison Capital, the venture arm of Credit Saison, has launched a new token fund aimed at investing in the Web3 sector despite the current market downturn. The Singapore-based investor has backed 30 deals in the sector so far, primarily a combination of equity and tokens, and plans to continue supporting Web3 founders with "strong Web2 experience." 

Next Generation DeFi Platform M^ZERO Emerges from Stealth with $22.5M Funding Round

M^ZERO, a new decentralized infrastructure layer for digital asset value transfer, has raised $22.5 million in a seed round led by Pantera Capital. 

Bitcoin Bitcoin $96,021.55
-0.97%
Web3 Switzerland Hong Kong MicroStrategy Bitcoin DeFi
Comments

All Comments

Recommended for you

  • OpenTrade announces $4 million seed extension round led by AlbionVC

    OpenTrade has announced the completion of a $4 million seed extension financing round to build RWA-supported loan and stablecoin yield products. This round of financing was led by AlbionVC, with participation from a16z Crypto and CMCC Global. OpenTrade plans to use the funds to expand its operations and enhance its product capabilities.

  • BNB Chain Ecosystem Re-staking Infrastructure Kernel Receives Investment from Binance Labs

    BNB Chain's ecological re-staking infrastructure Kernel has announced that it has received investment from Binance Labs. As of now, its total financing amount has reached 10 million US dollars, with main investors including: SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs. It is reported that Kernel's mainnet is about to be launched. Kelp provides users with support for Ethereum liquidity re-staking services based on rsETH, while Gain provides DeFi, CeDeFi, and RWA income products. KERNEL tokens are designed to unify the governance and incentive mechanisms of Kelp, Kernel, and Gain, while providing rewards for early supporters of ecosystem development.

  • Morgan Stanley: The U.S. dollar will peak before the end of the year and enter a "bear market pattern" in 2025

    Morgan Stanley predicts that the strong US dollar will peak before the end of the year and then enter a "bearish market trend", slowly declining until 2025. The bank believes that due to the Bank of Japan's rate hikes and gradual easing actions by the Reserve Bank of Australia, the potential for the yen and Australian dollar to rise next year is the greatest.

  • Equation News calls out Binance for "insider trading": You are destroying the sentiment of the trading market

    On November 25th, Formula News reported that to those insider traders who participated in the listing of Binance perpetual contracts, please slow down when selling your chips next time. The WHY and CHEEMS crashes you caused resulted in a 100% negative return for everyone involved in the trade, and you are destroying the emotions of the trade. Earlier today, Binance announced the listing of 1000WHYUSDT and 1000CHEEMSUSDT perpetual contracts, which caused a short-term crash in WHY and CHEEMS and sparked intense discussion within the community.

  • U.S. Congressman Mike Flood: Looking forward to working with the next SEC Chairman to revoke the anti-crypto banking policy SAB 121

     US House of Representatives will investigate Representative Mike Flood's recent statement: "Despite widespread opposition, SAB 121 is still operating as a regulation, even though it has never gone through the normal Administrative Procedure Act process." Flood said, "I look forward to working with the next SEC chairman to revoke SAB 121. Whether Chairman Gary Gensler resigns on his own or President Trump fulfills his promise to dismiss Gensler, the new government has an excellent opportunity to usher in a new era after Gensler's departure." He added, "It's not surprising that Gensler opposed the digital asset regulatory framework passed by the House on a bipartisan basis earlier this year. 71 Democrats and House Republicans passed this common-sense framework together. Although the Democratic-led Senate rejected it, it represented a breakthrough moment for cryptocurrency and may provide information for the work of the unified Republican government when the next Congress begins in January next year."

  • Indian billionaire Adani summoned by US SEC to explain position on bribery case

    Indian billionaire Gautam Adani and his nephew, Sahil Adani, have been subpoenaed by the US Securities and Exchange Commission (SEC) to explain allegations of paying over $250 million in bribes to win solar power contracts. According to the Press Trust of India (PTI), the subpoena has been delivered to the Adani family's residence in Ahmedabad, a city in western India, and they have been given 21 days to respond. The notice, issued on November 21 by the Eastern District Court of New York, states that if the Adani family fails to respond on time, a default judgment will be made against them.

  • U.S. Congressman: SEC Commissioner Hester Peirce may become the new acting chairman of the SEC

    US Congressman French Hill revealed at the North American Blockchain Summit (NABS) that Republican SEC Commissioner Hester Peirce is "likely" to become the new acting chair of the US Securities and Exchange Commission (SEC). He noted that current chair Gary Gensler will step down on January 20, 2025, and the Republican Party will take over the SEC, with Peirce expected to succeed him.

  • Tether spokesperson: The relationship with Cantor is purely business, and the claim that Lutnick influenced regulatory actions is pure nonsense

     a spokesperson for Tether stated: "The relationship between Tether and Cantor Fitzgerald is purely a business relationship based on managing reserves. Claims that Howard Lutnick's joining the transition team in some way implies an influence on regulatory actions are baseless."

  • Bitwise CEO warns that ETHW is not suitable for all investors and has high risks and high volatility

    Hunter Horsley, CEO of Bitwise, posted on X platform that he was happy to see capital inflows into Bitwise's Ethereum exchange-traded fund ETHW, iShares, and Fidelity this Friday. He reminded that ETHW is not a registered investment company under the U.S. Investment Company Act of 1940 and therefore is not protected by the law. ETHW is not suitable for all investors due to its high risk and volatility.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company