Bakkt wants a billion dollars. And they may use it to purchase Bitcoin. Or other crypto. All of a sudden, every company with some half-baked blockchain strategy is salivating over the prospects of a crypto treasury. Is this genius-level long-term planning, or are we looking at a go-slow corporate suicide...
Bakkt, crypto infrastructure company and recently publicly-traded under BKKT on the New York Stock Exchange, has made a big move. To date, they’ve filed a form with the SEC to allow them to issue up to $1 billion in securities. Unlike most SPACs, Bakkt has filed to bring both common...
Bakkt, a digital asset firm, was in the news for disclosing its intention to raise $1 billion through a private securities offering. This move indicates a significant departure from the company’s longstanding corporate strategy. This latest move aims to create a very large Bitcoin treasury. It would change the company’s...
Okay, let's talk real money. Bakkt wants a billion dollars. A billion. Not for ergonomic office chairs, but maybe for…crypto? My spicy Southeast Asian senses are tingling! Forget the Wall Street scuttlebutt, this would be a gamechanger for us in the global south.Southeast Asia: Ready for Crypto Treasuries?Hey, kabayan! We’re...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...