Bitcoin Treasury Boost: Parataxis Acquires Korean Biotech
Parataxis Holdings invests $18.5M in Bridge Biotherapeutics to launch Bitcoin-native treasury in South Korea, amid growing corporate BTC adoption. #Update #Crypto
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Parataxis Holdings invests $18.5M in Bridge Biotherapeutics to launch Bitcoin-native treasury in South Korea, amid growing corporate BTC adoption. #Update #Crypto
Meta, Amazon, and Microsoft shareholders rejected Bitcoin treasury proposals due to volatility and regulatory concerns. Strategy’s success with $BTC remains an exception. #Update #Crypto $BTC
Blockdaemon launches Earn Stack, a non-custodial service for institutional DeFi yield farming and PoS staking across 50+ protocols. #Update #DeFi
Texas Sheriff Chuck Havard cut open a Bitcoin Depot ATM to recover $32,000 after a local family was scammed. The incident raises debate over law enforcement tactics. #Update #Legal
Arizona Senate revives Bitcoin reserve bill after a 16-14 vote; House Bill 2324 heads back to the chamber for reconsideration, potentially impacting $BTC.
$BTC
OKX partners with Consensys to integrate its DEX aggregator into MetaMask, enhancing trade speed and liquidity access across 500+ DEXs while adopting MEV protection. #Update #Crypto $ETH
XBTO partners with Arab Bank Switzerland to offer a Bitcoin yield product for wealth management clients, leveraging options strategies for 5% annualized returns. #Update #Crypto $BTC
Elon Musk’s @X plans to integrate financial services by 2025, allowing payments and investments within the app; potential X-branded cards also considered. #Update #Tech
Kraken has launched a Bitcoin staking service with Babylon, enabling users to earn BABY tokens. #Update #Crypto
Crypto’s potential lies in financial inclusion and education, but challenges remain with speculation and technical barriers, says Badi Sudhakaran of @VALR. #Update #Crypto
@Bitget has received regulatory approval in Georgia to operate as a digital asset exchange, expanding its European presence. The company highlights regulatory clarity and tax advantages. #Update #Crypto
Bitcoin ($BTC) may benefit from the Federal Reserve’s interest rate pause, with potential for a short squeeze to $106,000 as Binance open interest declines. #Update #Crypto $BTC
Crypto asset managers have quadrupled their onchain holdings to over $4 billion since January, with Gauntlet, Steakhouse Financial, and Re7 leading the market. #Update #DeFi
Czech PM Petr Fiala’s government survives a no-confidence vote amid a $45M Bitcoin scandal involving a donation by convicted criminal Tomáš Jiřikovský. New justice minister pledges investigation. #Breaking #Legal