Why Companies Are Buying Crypto Instead of Growing

Why Companies Are Buying Crypto Instead of Growing

Forget the expansion of factories or hiring staff – the most spoken commercial movement of summer is something much less traditional: loading on bitcoin and obscure altcoins. In an increasingly surreal financial climate, dozens of small and medium -sized enterprises emit billions of new capital not to invest in operations or innovation, but Buy cryptographic … Read more

Japan’s SMBC Buying Stake in Yes Bank

ndia’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.

The Indian Bank of India plans to sell a 20% participation in the second largest bank in Japan, Sumitomo Mitsui Banking Corporation (SMBC), a subsidiary in exclusive property by Sumitomo Mitsui Financial Group, for $ 1.58 billion, pending regulatory approvals from the Bank of India (RBI) and the Competition Commission. In the event of success, … Read more

Bitcoin Derivatives Market Falters As Futures Buying Activity Declines Sharply

Bitcoin

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has displayed robust resilience, bouncing back into bullish territory and allowing the flagship asset to recover to $105,000 once again. While the price is gradually recovering from the recent pullback, BTC’s derivatives market is witnessing a steady drop. A Drop In … Read more

Bitcoin Short-Term Holders Halt Buying Activity – What Does This Mean For BTC?

Bitcoin

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A few days ago, Bitcoin witnessed a brief upward move close to the $88,000 mark due to the renewed bullish momentum across the general crypto market. However, BTC seems to have lost its steam as its price has fallen below $83,000. The … Read more

Bitcoin Buying to Continue Despite IMF Pressure

Bukele

Nayib Bukele, the president of El Salvador, is not changing his mind on his Bitcoin approach. He said he will continue to buy Bitcoin, despite the opposition of some sectors–the International Monetary Fund included. Bukele stated that purchases will continue even though the IMF, as part of a $1.4 billion funding deal, urged the nation … Read more

Dogecoin Whales Go On 270 Million DOGE Buying Spree As Crash Provides Low Entry

Dogecoin price 1

While widespread liquidations would be expected from the recent DOGE price crash, Dogecoin whales have embraced the downturn as a prime opportunity. Viewing the dip as a chance for a low market entry, these whales now purchase Dogecoin in large volumes, with the latest transactions recording a 270 million buy.    Dogecoin Whales Scoop Up 270 … Read more