Binance Takes Legal Action Against WSJ Over Iran Report Amid DOJ Investigation into Sanctions Evasion, Plus Bitwise CIO Discusses Bitcoin's Path to $1 Million and Other Key Developments
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
STRC Could Propel Strategy Towards Achieving 1 Million Bitcoin Milestone Ahead of BlackRock
STRC’s average daily volume implies buying power for about 1,940 BTC per day, more than four times the amount of new Bitcoin mined.
Cryptocurrency Price Predictions for March 11: Insights on BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, and XMR
Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508.
Basic Introduces VanEck Cryptocurrency ETFs to 401(k) Plans in Response to Evolution of Retirement Investing in the US
VanEck products will be available on fintech 401(k) provider Basic Capital, offering retirement savers potential exposure to digital assets through exchange-traded funds.
Bitcoin Faces Critical Challenge as $72K Resistance Continues to Thwart Progress
Bitcoin enters its most psychologically challenging cycle phase as BTC sellers and rising losses signal prolonged uncertainty and potentially more pain ahead.
Strive Invests $50 Million of Treasury Funds into Strategy's STRC Preferred Stock
The investment makes Strive the latest corporate to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments.
Hollywood Star Transitions to Skepticism with New Trailer for Documentary Critiquing Cryptocurrency
Ben McKenzie's film, “Everyone Is Lying to You for Money” touts interviews with former FTX CEO Sam Bankman-Fried on his political donations.
Options Traders Anticipate Bitcoin's Return to $80,000 Amid Stable Inflation Data and Ongoing Iran Conflict
Bitcoin steadied as options traders increased bets on a move back to $80,000, with markets balancing a cooling February inflation print.
Strive Increases SATA Preferred Stock Dividend to 12.75% and Invests $50 Million in Strategy's STRC Alongside Additional Bitcoin Purchases
Strive is narrowing SATA’s price range to $99-$101 and boosting its dividend to 12.75%, higher than Strategy's STRC, which it was modeled on.
Good Morning Holdings and DCG Lead Oversubscribed Seed and Pre-Seed Funding Rounds for Bittensor Infrastructure Innovator General Tensor
General Tensor's seed round was anchored by Good Morning Holdings, led by Lok Lee and backed by Goldman Sachs.
YZi Labs Claims CEA Industries Functioned as a Facade Amidst Emerging Investor Lawsuit
The dispute comes months after CEA adopted a poison pill following YZi Labs’ push to expand its influence over the company’s board.
India Apprehends Suspect Linked to Extensive Multi-Year GainBitcoin Ponzi Scheme at Mumbai Airport
Ayush Varshney's company developed the tech used in the alleged Ponzi scheme, which was launched in 2015.