11/26/2024
Donald Trump’s new mission to Elon Musk
Donald Trump, who will assume the presidency in the US in January, continues his preparations at full speed. Information obtained from Trump’s transition team indicates that there will be a person in charge of federal policies and emerging technologies in the White House. Elon Musk will also be closely involved in the unit led by this person who will also deal with artificial intelligence developments.
by Darkex Reseach – 1 min read
Morocco lifts crypto ban
Following the recent rise in Bitcoin and cryptocurrencies, global adoption is on the rise. The North African country of Morocco is also preparing to re-release cryptocurrencies after bans imposed in 2017. The relevant statement came from the head of the country’s central bank. The head of the institution also informed that they started working for CBDCs.
by Darkex Reseach – 1 min read
Howard Lutnick and the Tether Connection: Controversial Nomination for Commerce Secretary
Howard Lutnick, chairman and CEO of Cantor Fitzgerald, one of Wall Street’s leading firms, has been nominated by US President Donald Trump for Secretary of Commerce. Lutnick’s close ties with stablecoin issuer Tether are noteworthy. His firm, Cantor Fitzgerald, is known to have made an investment in Tether that gave it a stake of around 5%. These ties could create controversy in the Senate confirmation process of his nomination.
by Darkex Reseach – 1 min read
UK Plans Crypto Regime by 2026
The UK’s financial regulator, the Financial Conduct Authority (FCA), has announced plans to implement a comprehensive cryptocurrency regime by 2026 in response to the rapidly growing cryptocurrency ownership in the country. This regime is expected to strengthen investor protection and close regulatory gaps.
by Darkex Reseach – 1 min read
Rumble’s Bitcoin Financial Strategy
Popular video sharing platform and cloud service provider Rumble (NASDAQ: RUM) announced that it will allocate some of its excess cash reserves to Bitcoin. The company will realize its $20 million Bitcoin purchase plan as part of its corporate financial diversification strategy.
by Darkex Reseach – 1 min read
New Bitcoin Purchase from Semler Scientific
Semler Scientific purchased 297 BTC between November 18 and 22 at a total cost of approximately $29.1 million. Thus, the company’s total Bitcoin holdings increased to 1,570 BTC. The company’s average cost per Bitcoin was $75,039 and its total investment reached approximately $117.8 million.
by Darkex Reseach – 1 min read