Genius Group cites GENIUS Act as it boosts Bitcoin stash to 200 BTC

Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act.

Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act.
Bitcoin slipped to its weakest level in more than a month after a major investor began unloading thousands of coins in favor of Ethereum. Data from CryptoSlate show the asset trading at roughly $111,600 on Monday, down nearly 3% in a single day and its lowest mark since early July. The sell-off erased gains from…
October closed roughly 4% down for Bitcoin, but enterprise funding hit $5.1 billion in the identical month, the second-strongest month since 2022. According to CryptoRank information, three mega-deals account for many of it, as October defied its personal seasonal mythology. Bitcoin fell 3.7% throughout a month merchants have nicknamed “Uptober” for its historic successful streak,…
CleanSpark simply offered $1.15 billion of zero-coupon convertible notes to purchase extra energy and machines in the most brutal mining atmosphere but. The deal is a 144A non-public placement due in 2032, with an preliminary conversion value of round $19.16, roughly a 27.5% premium to the $15.03 inventory value at the time of announcement. Approximately…
Ripple introduced Wednesday that it has acquired a preliminary Electronic Money Institution (EMI) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This follows on the heels of an analogous license and Crypto asset Registration given by the UK’s Financial Conduct Authority (FCA) final Friday. EU Regulatory Progress In its press release, Ripple emphasised…
After the announcement of the conclusion of the Ripple-SEC legal battle that began in 2020, the XRP price had surged by more than 12% in response. This brought the altcoin back above the $3 level to put the bulls back in charge of the price once again. However, there has been a slowdown in the…
US Securities and Exchange Commission Chair Paul Atkins is assured {that a} long-awaited crypto market construction invoice may discover its manner into US President Donald Trump’s workplace for signature earlier than the tip of the yr. The SEC chief highlighted ongoing efforts throughout an interview with Fox Business to make clear guidelines round digital asset buying…