French B2B neobank Qonto acquires 600,000 customers and applies for banking license
Qonto Seeks Banking License in France One burning question that comes up frequently regarding French fintech startups is whether Qonto is a real bank. Currently, the answer is no, but things might change soon. CEO Alexandre Prot has announced that Qonto is in the process of applying for a banking license in France. Targeting European […]
Michael Saylor’s Approach Acquires 245 Bitcoin for $26 Million as Global Tensions Increase BTC by 3.5%
Michael Saylor Continues Bitcoin Acquisition Strategy Michael Saylor’s ongoing strategy for acquiring Bitcoin (BTC) moved forward on Monday with a purchase of $26 million in cryptocurrency, as reported in a recent filing with the Securities and Exchange Commission (SEC). The strategy announced the addition of 245 Bitcoin at an average price of $105,856 each, totaling […]
Strategy acquires $26M in Bitcoin as prices drop due to geopolitical concerns.
Michael Saylor’s Bitcoin Strategy Amid Geopolitical Tensions Michael Saylor, the leading investor in Bitcoin globally, recently shared updates on his latest BTC purchases, coinciding with a dip in cryptocurrency values due to rising geopolitical issues last week. In the week ending Sunday, Saylor’s strategy acquired 245 Bitcoin for approximately $26 million, as detailed in a […]
BlackRock’s ETF acquires 3.25% of Bitcoin supply as fresh capital dwindles
BlackRock’s Bitcoin ETF Approaches $70 Billion in Assets BlackRock’s Spot Bitcoin Exchange Traded Fund (ETF) is nearing the $70 billion milestone in managed assets, which suggests significant institutional interest, even as retail inflows seem to be slowing down. The asset management giant has accumulated about $69.7 billion in Bitcoin (BTC) through its ISHARES BITCOIN TRUST […]
Healthcare firm hires Trump’s crypto advisor, acquires $20 million in Bitcoin.
Bitcoin Reserve Strategy in Healthcare A group of individuals who backed former US President Donald Trump is now joining the advisory board of healthcare companies that are developing a Bitcoin Reserve Strategy. In an announcement made on Wednesday, Prenetics—a health services firm with bases in Hong Kong and the US—revealed plans to invest $20 million […]
BlackRock acquires $1.4B in Bitcoin during a six-day period amid ETF surge
BlackRock Expands Bitcoin Portfolio with Major Investments Investment firm BlackRock is significantly increasing its Bitcoin portfolio, injecting billions into the cryptocurrency market. On June 17th, BlackRock acquired $250 million in Bitcoin (BTC), as reported by Arkham Intelligence. This purchase is part of a larger trend that has accumulated to $1.4 billion over six consecutive days. […]
IRS acquires strong new resource to bypass scrutiny, asserts Gorsuch dissent
Judge Neil Gorsuch expressed his disagreement with the Supreme Court’s ruling that restricts the authority of U.S. tax courts in specific IRS cases. He suggested that this decision could enable federal tax collection agencies to escape accountability in the future. In his dissent, Gorsuch referred to the case of Internal Revenue Committee v. Zuch, highlighting […]
Persistent Bitcoin Gathering: Method Acquires 1,045 Additional BTC
MicroStrategy Increases Bitcoin Holdings Recently, MicroStrategy, now just called Strategy, acquired 1,045 Bitcoins this week, pushing their average purchase price to $70,086 per Bitcoin. This comes after they had made recent purchases at prices exceeding $100,000. So far, the company, led by Michael Saylor, has invested over $40 billion in Bitcoin and continues to raise […]
Michaels acquires Joann’s intellectual property and popular brands
Joanne’s Craft Travel Shifts to Michaels NEW YORK – The recently closed fabric retailer, Joanne’s Craft Travel, has found a new home with Michaels. Michaels announced on Thursday that it has acquired Joanne’s intellectual property and private label brands, intending to enhance its own offerings in fabrics, sewing, and thread products. In a statement, Michaels’ […]
Zebec acquires compliance company Gatenox in preparation for MiCA and FCA regulatory changes
Zebec Network Acquires Gatenox to Enhance Compliance Infrastructure Zebec Network, a financial infrastructure company, has acquired Gatenox, a platform focused on compliance and identity. This move allows Zebec to deepen its roots in a more heavily regulated market. According to an announcement shared with Cointelegraph, this acquisition equips Zebec with essential tools for Know Your […]