Corporations race to build Bitcoin treasuries as stablecoins gain momentum and landmark regulations take shape worldwide. The race to accumulate Bitcoin (BTC) is accelerating as corporations increasingly view the digital asset as a valuable addition to their balance sheets. Beyond publicly traded firms, private companies are joining the movement, including a Norwegian deep-sea mining company planning to acquire $1.2 billion worth of BTC. This week also marked the official unveiling of a new venture by crypto entrepreneur Anthony Pompliano, aimed at building a billion-dollar Bitcoin treasury. As Bitcoin accumulation intensifies, stablecoins are emerging as a key driver of crypto adoption. The United States is edging closer to passing landmark stablecoin legislation, South Korea is pushing banks to issue won-backed stablecoins and the rise of yield-bearing stablecoins — described by one venture executive as an “inevitability” — appears to be on the horizon. Read more
A weakening US economy and Fed rate cuts set the stage for Bitcoin’s next move, but, onchain data shows a fragile bull market missing retail demand. Could it return by fall? Key takeaways: Bitcoin spent the week fighting to hold above $107,000, but exchange inflows remain at historic lows as retail investors choose to sit on the sidelines. Stagflation becomes a real risk as US growth slows, but Fed rate cuts could fix the situation and supercharge Bitcoin price. Read more
In an aggressive press conference, senior Congress leader Pawan Khera delivered a withering critique on the Election Commission of India (ECI), condemning it for acting as a political tool for the ruling BJP. The remarks came in response to the ECI’s decision to conduct a Special Intensive Revision (SIR) of the Bihar voter list revision […]
In a tragic turn of events, actress and model Shefali Jariwala, best known for her iconic appearance in the early 2000s hit music video “Kaanta Laga” and as a participant in Bigg Boss 13 , has sadly passed away. Shefali Jariwala was reportedly rushed to Bellevue Multispeciality Hospital in Andheri, Mumbai, but was declared dead on […]
TELANGANA: A risky incident arose at the MGM Hospital, Warangal, India, on Friday morning when a plaster segment collapsed in the male surgical ward. Fortunately, patients or staff were unavailable at the time, and no injuries were reported. According to hospital sources, the building housing the surgical ward is broken down. This is not the […]