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SEC chair Paul Atkins says the regulator should review giving a range of exemptions to crypto companies to allow “bespoke pathways” to raise money. US Securities and Exchange Commission chair Paul Atkins says the agency should consider a “safe harbor proposal” to give crypto companies and some tokens a regulatory carveout. Atkins said in remarks at a crypto lobby event in Washington,...
The program connects crypto companies, banks and payment providers to explore blockchain-based payment and settlement infrastructure. Mastercard has launched a global crypto partner program that initially brings together more than 85 companies across the digital asset and payments industries to collaborate on blockchain-based payment and settlement systems. The initiative is designed to connect crypto companies, financial institutions and payments...
The purchase brings Strategy’s total Bitcoin reserves to nearly 739,000 BTC despite the asset trading below the company’s average acquisition price. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another large tranche of BTC to its holdings last week, pushing total reserves above 738,000 BTC. Saylor’s Strategy acquired 17,994 Bitcoin for $1.28 billion last week, according to a US Securities...
Starcloud plans to mine Bitcoin from orbit using ASIC hardware, arguing the economics of space computing favor specialized mining chips over GPUs. Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth. Starcloud “will...
BTC price upside returned during Wednesday's Asia trading session as Bitcoin attacked a long-term trend line and psychological levels. Bitcoin passed $71,000 on Wednesday as geopolitical tensions fueled ongoing volatility. Key points: Bitcoin price action teases a fresh breakout after failing to hold $70,000 since January. Analysis sees the end of a large “accumulation phase” now in play. Geopolitical nerves stay...
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