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Bitcoin Skids On These Factors. Will Uncertainty Prevail, Or Is It Priced In?
Investors· 2025-12-01 14:28
Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos Strategy's Interest Costs Are Set To Rise; MSTR Stock, Bitcoin Rally Fade 11/26/2025Holders of Strategy preferred stock, not MSTR, are about to get some good news. 11/26/2025Holders of Strategy preferred stock, not MSTR, are about to... INVESTING RESOURCES Take a Trial Today BREAKING: Trillion-Dollar Club Now Boasts 11 Stocks Cryptocurrency prices faltered during Asia ...
XYRA Corp. Secures a License Agreement for Money Remittance and Cryptocurrency Transactions
Globenewswire· 2025-12-01 14:00
Core Insights - XYRA Corp. has secured a license agreement to accept and process digital assets in real time, including USDC stablecoin and major cryptocurrencies like Bitcoin, Ethereum, and Tether, with instant conversion to U.S. dollars or local fiat currencies [1][3] Group 1: Company Overview - XYRA Corp. is a subsidiary of Cavitation Technologies, Inc., focused on the crypto technologies market and holds an exclusive license for CTI's patented Cavitation Non-Thermal Plasma™ technology [5] - The company aims to capitalize on opportunities in cryptocurrency mining and data center immersion cooling markets [5] Group 2: Infrastructure and Technology - XYRA is developing proprietary infrastructure that enables instant settlements, global reach, and significantly lower fees compared to traditional banking, which typically incurs delays of 2-5 days and costs of 6-8% [2][3] - The newly secured infrastructure will allow XYRA to bring core functionality online faster while expanding its AI-driven, quantum-secure architecture [3] Group 3: Strategic Partnerships - XYRA has formed a strategic partnership with Bitcoin Bancorp, Inc. to integrate its payment and security infrastructure into Bitcoin Bancorp's licensed ATM network across North America [3][4] Group 4: Market Positioning - The company aims to enable merchants to accept crypto or stablecoin seamlessly without altering their existing workflow, providing instant settlements in fiat and supporting transactions in multiple currencies and digital assets [8]
X @Documenting ₿itcoin 📄
Documenting ₿itcoin 📄· 2025-12-01 13:53
Stores in Bolivia are pricing items in Tether stablecoin https://t.co/TruVaTXFje ...
Yorkville Acquisition Corp. “MCGA” Announces CEO and CFO Appointments for Trump Media Group CRO Strategy
Globenewswire· 2025-12-01 13:45
Core Insights - Yorkville Acquisition Corp. has appointed Steve Gutterman as CEO and Sim Salzman as CFO in connection with the closing of a business combination, which will establish a digital asset treasury company focused on the cryptocurrency token of the Cronos ecosystem (CRO) [1][2] Company Overview - Yorkville Acquisition Corp. is a special purpose acquisition company (SPAC) aiming to merge with established businesses for growth opportunities [8] - Trump Media Group CRO Strategy is focused on strategically investing in digital asset ecosystems and managing CRO [7] Leadership Experience - Steve Gutterman has extensive experience in leading high-growth businesses, overseeing over 40 acquisitions and raising more than $2 billion in capital [2][3] - Sim Salzman has 20 years of finance and accounting experience, with a strong background in high-stakes transactions and digital asset strategy [3] Strategic Vision - The leadership team aims to unlock significant value for shareholders through the aggregation of CRO and effective management of digital assets [2][3] - The business combination is seen as a defining moment for cryptocurrencies and digital asset treasuries, positioning Yorkville Acquisition Corp. uniquely in the market [3] Upcoming Developments - The transition of Gutterman and Salzman into their roles is expected to occur with the closing of the business combination, anticipated in the first quarter of 2026 [4]
Crypto Traders Say Strategy May Start Selling Bitcoin Soon — Should They Be Worried?
Yahoo Finance· 2025-12-01 13:32
Michael Saylor has remained bullish on Bitcoin. | Source: Joe Readle / Getty Images Key Takeaways Strategy’s CEO clarified that selling Bitcoin would only occur under extreme conditions. Traders have raised concerns from the comments. Despite market volatility, Strategy has downplayed the risk of a declining Bitcoin price. Bitcoin-exposed investors turned cautious on Monday after new remarks from the chief executive of Strategy sparked speculation that the company could, under certain market condit ...
Yorkville Acquisition Corp., Trading as $MCGA, Marks Next Step Towards Completing Business Combination
Globenewswire· 2025-12-01 13:06
Core Points - Yorkville Acquisition Corp. has confidentially submitted a draft registration statement on Form S-4 with the SEC for a proposed business combination with Trump Media & Technology Group Corp. and Crypto.com [1][2] - The business combination aims to establish Trump Media Group CRO Strategy, Inc., focusing on acquiring the native cryptocurrency token of the Cronos ecosystem (CRO) [1][4] - Upon completion, Yorkville will be renamed Trump Media Group CRO Strategy, Inc. and listed on Nasdaq under the ticker symbol "MCGA" [2] Company Overview - Yorkville Acquisition Corp. is a blank check company incorporated in the Cayman Islands, aiming to effect a merger or similar business combination with established businesses poised for growth [5][6] - Trump Media's mission is to promote free speech through its platforms, including Truth Social and Truth+, and is launching Truth.Fi for financial services [7] - Crypto.com, founded in 2016, is a leader in regulatory compliance and aims to accelerate cryptocurrency adoption [8] Advisors - Clear Street is the exclusive capital markets advisor to Yorkville Acquisition Corp. [3] - DLA Piper LLP (US) serves as legal counsel to Yorkville, while Skadden, Arps, Slate, Meagher & Flom LLP advises Crypto.com [3] Future Strategy - Trump Media Group CRO Strategy, Inc. will focus on strategically investing in digital asset ecosystems and managing CRO [4] - The business combination is subject to SEC review and shareholder approval, with customary closing conditions to be fulfilled [2] Additional Information - Yorkville Acquisition Corp. plans to file a Registration Statement on Form S-4, which will include a preliminary proxy statement and prospectus related to the business combination [9][10] - Shareholders will receive definitive proxy statements and other relevant documents for voting on the business combination [10]
Gleec Buys Komodo’s Cross-Chain DeFi Stack Valued at $23.5M for Undisclosed Amount
Yahoo Finance· 2025-12-01 13:00
Core Insights - Gleec has acquired the entire Komodo Platform ecosystem, valued at $23.5 million, integrating it into a licensed financial services provider [1][5] - The acquisition includes Komodo's brand, technology suite, token infrastructure, and core developers, enhancing Gleec's decentralized exchange (DEX) capabilities and facilitating faster integration with various products [2] - Gleec plans to offer white-label DEX and blockchain services to institutions, focusing on cross-chain capabilities without relying on custodial bridges [2] Technology and Compliance - Komodo's technology enables native atomic swaps, allowing cross-chain trading without wrapped assets or bridges, addressing significant security vulnerabilities in the crypto space [3] - The acquisition embeds a mature decentralized trading stack into a regulated environment, providing the compliance needed for broader adoption of the technology [3] Future Plans - The Komodo ecosystem and KMD will operate under Gleec for the time being, with future decisions regarding the token's status yet to be determined [4] - Full integration of the Komodo stack is expected by early 2026, alongside the expansion of Gleec's B2B infrastructure [4]
Crypto Funds Rake in $1 Billion in Inflows as Sentiment Rebounds
Yahoo Finance· 2025-12-01 12:42
Digital asset investment products have finally broken the streak of four consecutive weeks of outflows. According to CoinShares’ weekly report, these assets recorded inflows of up to $1 billion, reflecting rebounding sentiment within the broader cryptocurrency market. The hope for an interest rate cut this December may have contributed to this pivot. Crypto Products Break 4 Weeks of Consecutive Outflows The fact that crypto ETPs recorded $1 billion of inflows last week marked the end of four consecutive ...
BitMEX Founder Warns Tether’s Bitcoin Bet Could Trigger USDT Collapse
Yahoo Finance· 2025-12-01 12:22
Core Insights - Tether's Q3 2025 attestation shows it holds approximately $22.8 billion in gold and Bitcoin, raising concerns about potential risks associated with this diversification strategy [1] - CEO Paolo Ardoino claims Tether has a multi-billion-dollar excess reserve buffer and total Group equity nearing $30 billion, while critics argue this diversification could lead to insolvency [1][3] - Hayes warns that a 30% decline in Tether's gold and Bitcoin positions could render USDT theoretically insolvent, with significant implications for its Treasury income [2] Financial Position - Tether reported approximately $7 billion in excess equity and $23 billion in retained earnings, with total assets around $215 billion against $184.5 billion in stablecoin liabilities [3] - Gold and Bitcoin constitute only 12.6% of Tether's reserves, indicating a broader asset base [3] Criticism and Defense - Ardoino accused critics of misrepresenting Tether's financial position, highlighting that S&P Global's downgrade overlooked additional Group equity and monthly profits from U.S. Treasury yields [4] - Industry experts, including Joseph Ayoub, emphasize that Tether's disclosed assets do not encompass all corporate holdings, suggesting a more complex financial structure [5]
Hacked Down: Crypto Daybook Americas
Yahoo Finance· 2025-12-01 12:15
Market Overview - Bitcoin (BTC) is trading at $86,800, down 5% over 24 hours, with a low of $85,732 during early Asian hours, indicating a weak start to December [1] - The CoinDesk 20 and CoinDesk 80 Indices are down more than 6%, reflecting a broader risk-off sentiment in the crypto market [1] Economic Influences - Concerns over potential Bank of Japan rate hikes and disappointing Chinese economic data are impacting risk appetite across regional equities and digital assets [2] - QCP Capital highlights that markets are questioning the easing of global liquidity, with potential selling of BTC holdings if shares fall below net-asset value [2] Security Concerns - Yearn, a DeFi platform, suffered a $9 million loss due to a hack, contributing to a total of over $9 billion lost to scams, hacks, and exploits in the past year [3] - Recovery from hacks remains low, with only $154 million recovered over the same period, raising significant concerns about security in the crypto space [3][4] Investor Sentiment - The lack of adequate security measures and recovery technologies is damaging investor confidence, prompting calls for institutional-grade security in the crypto market [4] - The upcoming speech by Federal Reserve Chair Jerome Powell is anticipated to influence market direction, with bulls hoping for dovish signals to support BTC [4] Upcoming Events - Key events include the trading debut of 21Shares Core XRP Trust on Cboe BZX Exchange and the mainnet upgrade of Ontology, which reduces ONG supply from 1 billion to 800 million [5] - The Federal Reserve is ending quantitative tightening, which may stabilize financial markets amid tightening liquidity conditions [5][6]