DeepNewz
Markets
Michael Saylor to Buy More Bitcoin, Including Potential $1.2 Billion Purchase, After $46 Million Investment
Michael Saylor, the founder of MicroStrategy, has announced plans to purchase more Bitcoin, with indications that the acquisition will be made public on the following day
Regulation & Politics
Tether Holds $152.5B U.S. Treasuries, $13B Profits, Expands in Emerging Markets Amid U.S. Genius Act and EU MiCA Rules
Tether, the leading stablecoin issuer, now holds more U
Regulation & Politics
Pakistan Earmarks 2,000 MW for Bitcoin Mining and AI Data Centers
Pakistan’s Finance Ministry said on Sunday that it has earmarked 2,000 megawatts of electricity in the first phase of a national program designed to power Bitcoin mining operations and artificial-intelligence data centers
Markets
Binance Founder Says US and China Printing Money to Buy Bitcoin as Trillions Flow Into Crypto Market
Changpeng Zhao, founder of Binance, has stated that nations will resort to printing unlimited amounts of money to purchase Bitcoin as sovereign demand for the cryptocurrency accelerates
Regulation & Politics
Texas Governor Greg Abbott Signals Support to Sign Strategic Bitcoin Reserve Bill Establishing State-Level Bitcoin Reserve
Texas Governor Greg Abbott has publicly expressed his support for the Strategic Bitcoin Reserve (SBR) bill, signaling his intention to sign it into law
CeFi
Ledn $540 Million Lending Giant Drops Ethereum, Adopts Fully Custodied Bitcoin-Only Model Starting July 1
Ledn, a $540 million crypto lending firm, announced it will discontinue support for Ethereum and transition to a fully custodied, bitcoin-only model starting July 1, 2025
Regulation & Politics
Germany Sold 50,000 Bitcoin Seized from Movie2K for $2.88 Billion at $57,600 Each; Bitcoin Price Doubled Since to $5.5 Billion
The German government sold 50,000 Bitcoin in July 2024, which had been seized from the defunct piracy site Movie2K
Blockchains
HSBC Launches Hong Kong’s First Blockchain Settlement Service After Stablecoin Law, Ant International Completes First Transaction
Hong Kong has approved a new law regulating stablecoins, paving the way for their use in retail commerce
DeFi
Chainlink Secures Over 68% of Oracle TVL with $66 Billion TVS, TRON, Kamino and Jupiter Adopt Platform
Chainlink has solidified its position as the leading oracle provider in the decentralized finance (DeFi) sector, securing 68
