mNAV has become the valuation of choice for bitcoin government stocks – but a growing number of analysts warn that it oversimplifies the story. The rise of mNAV in bitcoin financing Over the past few years, a class of publicly traded companies has emerged whose primary value proposition is keeping bitcoin on their balance sheets. […]
How to read mNAV – and why NYDIG says it falls short Read More »
Brazil’s crypto market moves billions of dollars a month, and regulators are taking notice. In a technical presentation at Blockchain Conference Brasil, Flavio Correa Prado, an accountant at Brazil’s tax authority, Receita Federal, revealed that crypto transactions reported under existing rules have reached between $6 billion and $8 billion per month. If current trends continue,
Stablecoins drive 90% of Brazil’s crypto volume, tax authorities data shows Read More »
For the past twelve months, Strategy (MSTR) Executive Chairman Michael Saylor has maintained a consistent pattern, making a playful X post almost every Sunday using an orange dot chart to suggest a Monday announcement of additional bitcoin BTC$91,799.57 purchase. The pattern appeared to break at least a little bit this Sunday, however, with Saylor posting
Big Strategy (MSTR) news coming tomorrow? Read More »
Bitcoin Digital Asset Treasury (DAT) companies have been making headlines in recent weeks, and often for the wrong reasons. A sharp decline in the crypto markets and over 40% drop (as of November 27) in the share price of the world’s largest corporate owner of bitcoin, Strategy (MSTR), this year has led some to question
Is the Bitcoin (BTC) Digital Asset Treasury Model Broken? Industry Banker says no Read More »
So old and crusty are concerns that Tether is either not upfront about the reserves backing its USDT stablecoin, or faces an imminent threat of being undercapitalized, that the crypto industry has developed its own two-word dismissive response: “Tether FUD.” Through soaring bull markets, the most brutal bear markets, the coming and going of charlatans
Tether’s USDT downgrade brings old arguments back to the fore Read More »
Ethereum developers are preparing for the network’s second upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka – a mix of the names Fulu + Osaka – consists of two upgrades that happen on Ethereum’s consensus and execution layers at the same time. The goal of the upgrade is to enable
Ethereum developers prepare for Fusaka, second upgrade in 2025 Read More »
BlackRock’s bitcoin exchange-traded funds (ETFs) have become the firm’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. The number is remarkable considering that the firm manages over 1,400 ETFs globally and is the world’s largest asset manager with more than $13.4 trillion in assets under management. Speaking at
Bitcoin ETFs Now BlackRock’s Top Revenue Source, Says Exec Read More »
Denis Dariotis, the 22-year-old founder and CEO of cryptocurrency-focused trading software company GoQuant, remembers the constraints and pressure of maximizing his trading portfolio while still in third grade at school. “I remember telling my teachers that I had to take 10 minutes out of class to check my portfolio when the market opened and closed,”
Meet Denis Dariotis, the Billion-Dollar GoQuant founder who started trading at age 9 Read More »
Strategy CEO Phong Le says the company now has “more flexibility than ever” to continue accumulating bitcoin, citing a capital structure built on long-term debt, opportunistic equity access and no short-term refinancing pressure. On the latest episode of the “What Bitcoin Did” podcast, Le told host Danny Knowles that Strategy’s ability to raise capital through
The card does not require pre-loading of funds or custody services and incurs a 2% fee on currency conversions, with no IOF tax for Brazilian users.
Crypto Payments Firm Truther Launches Non-Deposit USDT Visa Card in El Salvador Read More »
