Bhutan’s GMC Announces Cryptocurrency Reserve Strategy
TLDR Bhutan’s Gelephu Mindfulness City (GMC) has announced plans to include Bitcoin, Ethereum, and BNB in its strategic reserves, making it one of the first jurisdictions to do so GMC…
Bhutan’s Mindfulness City Will Add Crypto to its Strategic Reserves
Bhutan’s Gelephu Mindfulness City, also known as the world’s first mindfulness city, is looking to add Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) to its strategic reserves, according to an…
Cardano (ADA) Price: Demonstrates Strength with 46% Recovery from December Lows
TLDR Cardano (ADA) broke above key moving averages and reached $1.11 on January 3, 2025, after bouncing from December low of $0.76 Current trading price is $1.089, with price action…
Ex-FTX Employees’ Backpack Exchange Buys FTX EU for $32.7M, Will Refund Customers
TLDR Backpack Exchange, founded by ex-FTX/Alameda employees, acquired FTX EU for $32.7M Acquisition includes commitment to distribute funds owed to FTX EU customers Backpack plans to launch in Q1 2025…
Metaplanet Announces Multi-Billion Yen Bitcoin Investment Plan
TLDR Japanese firm Metaplanet aims to increase Bitcoin holdings from 1,762 BTC to 10,000 BTC by end of 2025, using debt, equity, and convertible bonds Company made its largest purchase…
Kazakhstan shuts down 36 illegal crypto exchanges in 2024 crackdown
Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch.