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Investment

Japanese payments firm PayPay, partial owner of Binance Japan, seeks $1.1 billion IPO

Japanese payments firm PayPay, partial owner of Binance Japan, seeks $1.1 billion IPO

2 months ago by Crypto InsightsCrypto

PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S. initial public offering, Reuters reported Monday. The Tokyo-based company and a selling shareholder plan to offer 55 million American… Read More

Bitcoin miner turned Ethereum treasury firm stakes over $6B in ETH as BMNR shares slide and ether dips.

Bitcoin miner turned Ethereum treasury firm stakes over $6B in ETH as BMNR shares slide and ether dips.

2 months ago by Crypto InsightsCrypto

Bitmine Immersion Technologies (BMNR) on Monday reported purchasing nearly 51,000 more ETH tokens last week, increasing its holdings to 4.474 million. “In the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and… Read More

Bitcoin, U.S. stock futures give up early gains as Iran conflict intensifies

Bitcoin, U.S. stock futures give up early gains as Iran conflict intensifies

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$66,227.89 pulled back from Asian session highs alongside losses in the U.S. stock futures as Iran stepped up attacks in the Middle East, reportedly hitting an oil refinery in Saudi Arabia. The leading cryptocurrency fell back below $66,000 after hitting a high of nearly… Read More

Company’s Stretch preferred stock now paying 11.5% dividend

Company’s Stretch preferred stock now paying 11.5% dividend

2 months ago by Crypto InsightsCrypto

Leading bitcoin BTC$66,524.15 treasury company Strategy has again raised the dividend on its STRC (“Stretch”) preferred series. Led by Executive Chairman Michael Saylor, the firm lifted the annualized payout by 25 basis points to 11.5%. While STRC to this point has performed as hoped by… Read More

Institutional crypto interest rebounds even as Bitcoin (BTC) falls 25%

Institutional crypto interest rebounds even as Bitcoin (BTC) falls 25%

2 months ago by Crypto InsightsCrypto

The mood around digital assets has shifted again among the world’s largest allocators, according to Ron Biscardi, CEO of iConnections, which runs one of the largest capital introduction conferences globally. Biscardi, who has spent more than 25 years in the alternative investment industry and runs… Read More

What next as majors surge 10% to recover war-driven losses

What next as majors surge 10% to recover war-driven losses

2 months ago by Crypto InsightsCrypto

Crypto markets snapped back hard on Sunday after spending Saturday pricing in what looked like the start of a prolonged regional war. Bitcoin climbed to $66,843, up 5.2% over the past 24 hours, recovering most of the losses from Saturday’s slide below $64,000 after U.S.… Read More

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