US ‘likely’ to buy 300k to 400k Bitcoin in 2025: deVere Group CEO
The United States could acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group. Green, known for his bullish crypto predictions, believes this Strategic Bitcoin Reserve would cement Bitcoin (BTC) as a cornerstone of U.S. financial policy and drive an unprecedented bull market, according to a note shared with crypto.news. […]
Genius Group increases its BTC holdings by 50% to $30m
Genius Group has added to its bitcoin holdings with a significant purchase announced on Dec. 30. The company disclosed it acquired additional Bitcoin (BTC) worth $10 million to bring its BTC treasury to 319.4 BTC, worth $30 million. Genius bought the Bitcoin at the average price of $93,919 per BTC. The publicly-traded company’s announcement came […]
Phoenix Group targets Nasdaq for dual listing in 2025
UAE’s first crypto-listed company, Phoenix Group, plans NASDAQ dual-listing. Phoenix Group, the first cryptocurrency company in the UAE to be listed on the Abu Dhabi Stock Exchange (ADX), is planning to dual-list on the Nasdaq in 2025 to expand its worldwide footprint. Founded in 2017 and based in Abu Dhabi, the company made history in […]
US charges developer in LockBit group, paid in crypto
The U.S. Department of Justice has charged Rostislav Panev, a dual Russian and Israeli national, for his alleged involvement with the LockBit ransomware group. Panev, 51, is accused of working as a developer for the group, earning over $230,000 in cryptocurrency for his contributions. Arrested in Israel in August, Panev is currently awaiting extradition to […]
$147b financial group Oddo will enter stablecoin market
Paris-based asset manager and private banking services Oddo will collaborate with Fireblocks to enter the stablecoin market. Oddo BHF SCA brought an initiative to increase the use case of euro-dominated stablecoin by working with a crypto technology firm. This project is projected to launch by next year. Under the newly adopted European Union regulations, stablecoin […]
Genius Group adds $1.8m to Bitcoin Treasury, now holds 172 BTC
Genius Group Limited, an education and AI firm based in Singapore, has expanded its Bitcoin-focused strategy by acquiring an additional $1.8 million worth of Bitcoin. This acquisition brings the company’s total holdings to 172 Bitcoin (BTC), valued at $15.8 million, with an average purchase price of $92,006 per Bitcoin, according to a company press release. […]
Genius Group kicks off Bitcoin treasury play with $10M in BTC
Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. Source link
