cryptobriefing
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UK plans to ban use of credit for Bitcoin, crypto purchases as debt risks grow
Key Takeaways The UK FCA proposes to ban credit card use for purchasing Bitcoin to mitigate consumer debt risks. The…
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Strategy reports $4.2B loss but aims to raise $21B to buy more Bitcoin
Key Takeaways Strategy reported a $4.2 billion loss due to a $5.9 billion unrealized markdown reflecting Bitcoin’s price. The company…
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Coinbase to delist Movement’s MOVE token amid market-making controversy
Key Takeaways Coinbase will suspend MOVE token trading on May 15 after a listing review. The Movement project faces controversy…
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Adam Back-backed Bitcoin treasury firm plans to amass up to 260K BTC by 2034
Key Takeaways The Blockchain Group plans to acquire up to 260,000 Bitcoin by 2034. TBG’s shares have surged 474% in…
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$1.7 trillion Morgan Stanley plans to enable Bitcoin, crypto trading on its E-Trade platform
Key Takeaways Morgan Stanley plans to add crypto trading to its E-Trade platform next year. The firm may partner with…
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Open AI CEO’s World makes US debut, announces partnerships with Visa, Stripe, and Tinder
Key Takeaways World is expanding its digital identity platform to the US, planning to deploy 7,500 Orbs by year-end. Partnerships…
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Tesla board quietly begins search for Musk’s successor amid company challenges: WSJ
Key Takeaways Tesla’s board is searching for Elon Musk’s successor amid declining sales. The search is driven by external consultancy…
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Ripple bid up to $5 billion to acquire Circle, offer rejected
Key Takeaways Ripple Labs made an unsuccessful $4 billion to $5 billion bid to acquire Circle Internet Financial. Circle focuses…
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Sony’s Soneium and Plume unite to bring real-world yield to millions through SkyLink
Key Takeaways Plume and Soneium are partnering to offer real-world asset staking and yield opportunities to 5.1 million users. The…
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spot XRP ETFs now have 85% odds of launching this year
Key Takeaways Bloomberg raises XRP ETF approval prediction to 85% for 2025. Litecoin and Solana ETFs have a 90% chance…
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