In a significant move for the Indian corporate sector, Jetking Infotrain has become the first publicly traded company in the country to adopt Bitcoin (BTC) as a reserve asset. This groundbreaking decision came to light on December 9, when CEO Avinash Bharwani announced the firm’s acquisition of 12 BTC, currently valued at approximately $1.2 million.
Strategy
Ripple CEO Brad Garlinghouse has announced a significant milestone for the company: the approval from the New York State Department of Financial Services (NYDFS) to roll out its new stablecoin, known as Ripple USD (RLUSD). This news, shared via social media on December 11, signifies Ripple’s continued commitment to expanding its presence in the cryptocurrency
In a significant move to fortify its corporate banking capabilities, Singapore-based cryptocurrency exchange Crypto.com has teamed up with Deutsche Bank, a global leader in financial services. This partnership, unveiled on December 10, signifies a pivotal moment in Crypto.com’s ambitious global expansion strategy, accentuating the company’s intent to refine its financial operations in crucial markets, including
The cryptocurrency market, particularly Bitcoin, has consistently been a focal point of intense speculation and analysis. As various analysts and market enthusiasts attempt to forecast future price movements, it becomes imperative to examine their predictions critically. Recently, crypto analyst Tony Severino posited that the current Bitcoin bull run could culminate as early as January 2025,
In the ever-evolving world of finance, Aayush Jindal emerges as a prominent figure whose career is a testament to the power of expertise and innovation. With more than 15 years of experience in Forex and cryptocurrency trading, he embodies a unique blend of traditional technical analysis and modern technological acumen. His reputation as a market
The landscape of cryptocurrency has undergone a significant transformation, especially since the introduction of US Spot Bitcoin Exchange-Traded Funds (ETFs) in January 2024. These financial products have not only gained remarkable popularity but have dramatically shifted the dynamics of Bitcoin ownership and investment. The emergence of these ETFs represents a paradigm shift that could redefine
Woori Technology, a prominent venture capital firm in South Korea, is contemplating the divestment of its stake in Dunamu, the operator of the widely-used Upbit cryptocurrency exchange. As the leading crypto trading platform within South Korea, Upbit has become a focal point for both local traders and international investors. Woori’s financial involvement spans back to
In the dynamic realm of financial markets, few figures shine as brightly as Aayush Jindal. His two-decade journey in Forex and cryptocurrency trading positions him as a vanguard in a field often fraught with uncertainty and risk. Aayush’s rise to prominence is underpinned by his extraordinary talent for technical analysis, distinguishing him as a senior
Meta’s ambitious venture into the world of stablecoins, originally branded as Libra in 2019, has become a cautionary story highlighting the complex interplay between regulatory scrutiny, political considerations, and technological innovation. As recently disclosed by co-founder David Marcus, the project’s termination was largely influenced by political dynamics rather than purely regulatory hurdles. This narrative challenges
In a significant development that reflects the dynamic nature of regulatory measures surrounding cryptocurrencies, South Korea’s Democratic Party has opted to delay the imposition of new taxation laws on crypto profits. As observed in a report by the Korean Herald, this decision marks a temporary ceasefire in the ongoing discourse over the governance of digital