Bitmain, one of the largest producers of crypto mining hardware, is set to open its first facility in the U.S. over the next few months, Bloomberg reported, citing the company's global business chief, Irene Gao The maker of Antminer rigs, which currently manufacturers across southeast Asia, plans to set up a U.S. base and assembly … Read more
Strategy (MSTR), the world's largest corporate bitcoin (BTC) holder helmed by Michael Saylor, has lifted the size its preferred stock offering STRC to $2 billion, Bloomberg reported on Thursday. That's a significant raise from the original plan of issuing 5 million shares for $100 $100 each for a total of $500 million announced on Monday. … Read more
Ghana is set to begin licensing cryptocurrency platforms in response to a surge in demand for digital assets in the West African country, Bloomberg reported on Thursday. The country's central bank is finalizing a regulatory approval to submit to parliament by September, according to the report, citing an interview with Bank of Ghana Governor Johnson … Read more
Apple is gearing up to launch the iPhone 16 series of smartphones, according to a Bloomberg report. The Cupertino company is said to be targeting a launch date of September 10 for its latest iPhone models that are expected to succeed the iPhone 15 lineup that was unveiled a year ago. At its next launch … Read more
Apple Watch Series 10 — or Watch X — is expected to be unveiled at the company’s next launch event, ten years after the first model was introduced. The Cupertino company is expected to refresh the standard version of its smartwatch, as well as the affordable Apple Watch SE and high-end Watch Ultra models. This … Read more
The U.S. Secret Service, better known for protecting American presidents, has emerged as a major force in the fight against cryptocurrency crime, Bloomberg reported on Saturday. Through its Global Investigative Operations Center (GIOC), the agency has seized nearly $400 million in digital assets over the past decade. Much of that sits in a single cold … Read more
Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas. “We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,” … Read more